Aerial view of Newport Beach Harbor in California

Source: Realtor.com

With the spring housing market approaching, homebuyers are wondering about interest rates. They’re right to be concerned.

In October 2023, rates hit a 23-year high of 7.79% for a 30-year fixed loan. Thankfully, they’ve been dropping to the high 6% range.

But with falling rates, what happens next?

Lower Rates Coming, But Gradually – While rates have been dropping, they’re still way above early 2022’s lows (around 3%). Experts predict they’ll dip further, but gradually. Don’t expect a sudden drop!

Homes Won’t Become Dramatically Cheaper – Dropping rates make homes more affordable, but don’t expect a miracle. While prices might decrease slightly, they likely won’t plummet. However, the good news is they won’t skyrocket…

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Evening view of backyard showing pool, spa and exterior of home in Shady Canyon, Irvine California

This architecturally breathtaking 7-bedroom, 9 bath custom estate in Shady Canyon features a large, private lot with expansive grounds and views. The home is designed for effortless living, exquisitely finished in imported materials.

The spacious floor plan is drenched in natural light and offers a detached guest casita, four main-level bedrooms with en-suite baths, and two bedrooms on the second floor which includes the large primary suite with private view balcony and two separate bathrooms with its own dressing rooms. The rear yard with private pool, spa, and outdoor kitchen creates a host of al-fresco entertaining options.

Additional highlights include a 4-car garage, access to the resort-style amenities of exclusive Shady Canyon, and…

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Daytime exterior front view of home in Irvine, California

Manhattan Model Residence

Majestic views abound at this transitionally designed, sought-after Manhattan model residence in Hidden Canyon- one of the most notable upscale communities in Irvine with its limited number of meticulously designed estates renowned for its exclusivity and elevated standard of living.

This chic residence opens to a two story foyer with a dual grand staircase and just beyond, far reaching views of city lights, mountains and hillsides. Stunning features and amenities include an open plan design that allows flow from the formal living and dining rooms to the kitchen and family room, all of which open to the rear grounds via glass pocket doors for true California living. The well equipped chef’s kitchen houses a large center…

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Daytime aerial view of home and ocean in the Community of Pelican Crest, Newport Coast California

View this property and more from our Exclusive Listing

Pelican Crest

This legacy estate in the esteemed enclave of Pelican Crest brims with European style, every space curated with art-quality installations and finishes capturing panoramic views to match their incomparable setting that stretch from the Pelican Hills Golf Course, past crashing whitewater on the coast, to Newport Harbor, Palos Verdes, Catalina Island- and, by night, painterly sunsets, and shimmering city lights.

The interiors embrace meticulous craftsmanship and elevated details from the breathtaking ceilings finished in opulent detail by J P Weaver to crown each room, to Richard Marshall hardwood flooring laid out in basket weave and herringbone detail, to imported stone and…

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Newport Coast

Daytime Aerial view of Newport Coast community in California

An extraordinary offering, this estate is positioned on an oversized - approximately 10,288 sq ft lot toward the end of a quiet cul-de-sac with two driveways (a rarity), 4 bedrooms, including a highly desirable main floor ensuite bedroom within the two 24/7 guard-gated community of Newport Ridge North – in the heart of beautiful Newport Coast.

The gated courtyard entry with fountain prefaces a sun lit sanctuary where one is greeted with an open foyer and grand dining room giving glimpse to the verdant rear grounds with its immense windows. The charming kitchen holds generous cabinetry, a breakfast area, wine storage, and center island that adjoins the family room for an open concept layout.

Additional highlights on this…

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25 Watercress in Shady Canyon

Daytime aerial of exterior front of home with views of Shady Canyon Community in Irvine California

French Provencal Aesthetic

At 25 Watercress, this showstopping Shady Canyon custom estate truly delivers in capturing a modern take on the elegance of the French Provencal aesthetic after a massive two-year renovation - with every surface retouched and completed in 2022.

Custom Estate

The new custom estate now offers 7 bedrooms, 7.5 baths, including a detached casita; pool pavilion, resort-style yard with pool and spa, 6-car garage with lift, smart-home system, Euroline steel doors and windows and every luxury amenity. This spectacular estate is sited on a boundless lot surrounded by natural elements and views of rolling hills and the Shady Canyon Golf Course. A stroll along a descending stone path that…

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Living room view of backyard

Home & Real Estate Feature: Irvine California, February 2024 by Haley Bosselman - Riviera

Irvine living promises luxury ease and tranquility. And within its Shady Canyon community, luxe levels skyrocket in thanks to masterfully crafted homes and community benefits like pickleball, tennis, golf, playground, clubhouse, hiking and biking trails, and 24/7 guard gate access. Read on for three beautiful properties on the market now.

29 Prairie Grass

This extensively remodeled single-level home coalesces Italian villa stylings with SoCal suburban refinement. A 4,600-square-foot property with six bedrooms and six bathrooms, it’s particularly stunning for its breezy open floor plan, raised ceilings and unending views of the golf course and city…

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28 Sage Creek in Shady Canyon

Aerial view of back yard of home in Shady Canyon Irvine California

Santa Barbara-Inspired Estate

The moment you step onto the grounds, you see the attention to detail that went into the reimagining of this stunning Santa Barbara-inspired estate and its Montecito gardens. A complete renovation by noted designer Sudi Jelveh of Barclay Butera, this home is the crème de la crème, bringing together elegant traditional style and beach chic vibes for a modern, livable lifestyle.

The interior spaces are exquisite. The inviting entry welcomes guests with a dramatic arch barrel ceiling. A grand formal living room carries on the theme with high, open-beam ceiling with two showstopping crystal chandeliers and beautiful twin arch doorways. The airy kitchen offers transitional design…

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78 Thrasher in Community of Altair

View of entry of home in Altair Irvine California

High-End Designer Finishes

This stately residence is sheathed in high-end designer finishes, with no surface left untouched in the sought-after, guard gated enclave of Altair. Set on a prime corner lot, affording privacy and natural light, the dramatic entrance gives way to the conceptually chic materials throughout. Gorgeous pendants, chandeliers, herringbone patterned flooring and wallpaper finishes set the tone. Just as enticing, the rear yard accessed via disappearing doors offers a California room with built-ins, beverage refrigerator and television; and beyond, fire pit with suspended seating, and pool with jacuzzi and water feature.

This area is positioned next to the family room, dining, and…

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29 Prairie Grass in Shady Canyon

Evening backyard view of pool and view of golf course in Shady Canyon Irvine California

Contemporary Extensive Remodeled Home

This is your opportunity to own one of Shady Canyon’s newest offering: a top to bottom extensive remodel in this desirable single-level Villa residence where every luxury amenity awaits you. The modern, contemporary residence features 6 bedrooms, 6.5 baths with a detached guest house with its own kitchen, and forever views of golf course and city lights.

Generous dimensions and light define this modern, revamped Shady Canyon Villa which has been completely customized with ceilings raised, walls taken down and spaces expanded. Displayed on a single level and overlooking the golf course and city lights, the home is both edited and warm with features such as the jewelry-like…

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