I went on a hard hat tour of the Portola neighborhood’s Lofton development this week. Featuring 54 single-family attached homes currently being built by TriPointe, Lofton is an excellent option for folks who are getting outbid on San Francisco single-family homes—and who would appreciate owning a new-construction home with minimal maintenance.
There are five different plans on the site. I walked one of the framed townhomes in Plan A, a 3BR/3.5BA, 1764-square foot floor plan on the east side of the lot. These homes have unobstructed views of the Bay, and start at around $1.5M:
The construction is further along on the D1 and D2 plans along Cambridge Street, which feature two- and three-bedroom units. The D1s are 3BR/2.5BA, 1622-square feet and have all three bedrooms on the upper floor. Those start at $1.5M. The D2s are 2BR/2.5BAs with just under 1400 square feet and start at $1.2M.
The project also will incorporate a green space, and promotes a nice community feel. HOA dues are currently set at $256/month, but don’t currently factor in water, trash or property management. So it’s a good idea to factor in HOA dues of probably more like $500-$600/month when the HOA is fully formed.
Finishes include beech wood cabinetry, granite countertops and GE stainless-steel appliances. Homes will also have voice-activated devices, RING doorbells, eero wi-fi systems and advanced wiring with RG6 and CAT 6 cables for high-speed connection.
The sales office is currently taking reservations for these units. The way it works is that you put down your 3% deposit and then do a walkthrough of your chosen unit once it’s fully framed. You then have a certain amount of time after that walkthrough to cancel or proceed. The advantage to reserving early is that you get your preferred location and floor plan. But you will have to be patient, as completion dates are slated for later this year and into summer 2022. Developer TriPointe is also offering a $20,000 credit for selecting your preferred finishes.
Give me a shout at 415.823.4656 | email@example.com if you’d like to schedule a tour. I don’t work for the sales office, but I can independently represent you like I’ve done for many clients who have purchased new-construction condos. It helps to have an advocate on your side when it comes to purchasing a new home.