The Newest 'New Town'
Mountain House, CA promises the same elements that other new towns have for decades--pedestrian-oriented neighborhoods, varied architecture, affordable homes with efficient access to employment. Will this one be able to deliver?
"Situated 60 miles east of San Francisco on Interstate 580, a major commuter artery, Mountain House lures families priced out of the Bay Area but looking to stay close. Demand is so great that builders are running lotteries to sort out potential buyers. Houses that were expected to sell for $130,000 when the county approved the developer's plan in 1994 have been bid up past $400,000." But whether or not the current expectations and consumer demand will be fulfilled is a matter for time to tell. "What Mountain House can expect, if the past is a guide, is a buildout over 15 years that strays from its carefully crafted plan."
- Login or register to post comments
- Email this page
- Silicon Valley Primed for Facebook Real Estate Boom - Feb 09, 2012
- In LA, Agricultural-Residential Zoned Neighborhoods Threatened - Jan 25, 2012
- A Tale of Two Cities - Jan 20, 2012
- Abolished, California's Redevelopment Agencies Cling to Life - Jan 04, 2012
- ULI Says Demand for Multifamily Housing is Real - Dec 13, 2011


















