Folsom Ranch
Learn What Makes Folsom Ranch A Walk-able Community.
Folsom Ranch is the newest part of Folsom, south of highway 50. It’s been a long time coming and finally rolled out the first homes in 2019! There are currently only a few builders selling homes, with more to come as they continue to build the community throughout the next few decades. The community has no schools built yet, but will eventually have five new elementary schools, a middle school and a high school. They just broke ground in February 2020 on the first Elementary school! There will also be new commercial districts, roads, and miles of bike and pedestrian trails! Are you considering buying new construction in Folsom Ranch? Great! It’s free to you to use a buyer’s agent, so why not have someone on your team that’s not employed by the builder?! A buyer’s agent is always a free resource, as they are paid by the builder, or seller. I find it very helpful to have someone knowledgeable of new construction contracts, questions to ask, things to look for and consider, and how to negotiate. Give me a call today and I’ll show you around! Home builders ask that buyers bring their realtor with them on their first visit to the community and register them at the office. This allows for the partnership in future negotiations! Currently selling in Folsom Ranch, in order of release date:
Lennar – Copperwood and Oakleaf
- These communities are down to their final homesites and sales of their model homes! (Summer 2020)
- These Lennar communities were the first to open in Folsom Ranch and are and sit in the yellow “Mangini Ranch Phase 1” section on the above area map. As of February 2020, the nearby elementary school just broke ground and there will be a large park north of this community as well.
- Copperwood: 2,287 to 3,312 square feet, pricing from the low 600s (November 2019)
- Oakleaf: 2,662 to 3,789 square feet, pricing from the low 700s (November 2019)
- I like Lennar because they have an “everything’s included – EI” program which means a lot of their upgrades are built in to their base pricing. As a result, base prices are a bit higher than other builders, but you get a lot of extras included in that price.
- Lennar also has a “Next Gen” floorplan, which has a separate entrance for a “home within a home”, perfect for multi-generational living, an office space, an adult child living at home wanting their own space, etc. There’s a full bath, bedroom, and small kitchenette.
- Lot sizes are standard, but not oversized.
- No HOA
- Property Taxes –
- Ad valorem tax rate = 1.19% for Copperwood & 1.23% for Oakleaf
- Special assessments / mello roos = $3,942/year ($329/mo)
- Buyer to confirm accurate taxes at point of sale
- Sample Lennar Tax Disclosure
- Sample Lennar Natural Hazard Disclosure
photo source: Lennar.com
Taylor Morrison – Dakota II and Azure II
- Taylor Morrison has completed their first phase of construction and has moved to their phase II of construction. These homesites sit in the yellow “Mangini Ranch Phase 1” section on the above area map, directly south and west of the new park and first Elementary School to be built, Mangini Ranch Elementary (“ES” on the map).
- Dakota: 1,891 – 3,063 Sq. Ft., pricing from the mid 500s
- Azure: 1,784 – 2,768 Sq. Ft., pricing from the mid 500s
- I like these TM floorplans a lot! They have open kitchens, great room concepts, and very usable spaces. Also, the last time I went in to TM with a client (early Feb 2020), they were releasing lots and allowing buyers to choose what home & elevation they want on the lot, instead of already having that selection pre-determined. I like when buyers have choices!
- Most floorplans have two car garages. Only the Aspen plan (2,685sf two story) has a tandem 3 car garage.
- Lot sizes are standard and not oversized
- No HOA
- Property taxes for phase I were estimated at:
- Ad valorem taxes = 1.1863% x sales price plus…
- Special Assessments / Mello Roos = $3,809.06/year (Approx $318/mo)
- Buyer to verify phase II taxes during purchase process, but I believe they are similar to phase I
- Taylor Morrison Sample NHD
- Taylor Morrison Sample Tax Disclosure
photo source: https://www.taylormorrison.com/ca/sacramento/folsom
Tri Pointe Homes – Brookstone and Waterstone
- Tri Pointe Homes is the third builder to open in Folsom Ranch and their models are gorgeous! These homesites sit in the yellow “Mangini Ranch Phase 1” section on the above area map, north of Mangini Parkway, sitting just north of the park and Elementary School (“ES” on the map).
- Brookstone: 2,342 – 3,331 Sq. Ft., lot sizes average 6500sf, pricing from the 600s
- July 2020 Pricing: July 2020 pricing: Res 1: $591K+, Res 2: $629K+, Res 3: $641K+, Res 4: $656K+
- Waterstone: 2,624 – 3,718 Sq. Ft., lot sizes average 7500sf, pricing from the mid 600s
- July 2020 pricing: Res 1: $651K+, Res 2: $709K+, Res 3: $733K
- These floorplans are so nice! They have open kitchens, great room concepts, and very usable spaces. Plus, they have surprise spaces that you will love….a yoga room / flex space that pops up beyond a master closet, a craft room through the kitchen, etc! I loved the surprise spaces!
- Waterstone has a next-gen type plan with a master suite downstairs, complete with an extra large bedroom / living combination space and an optional kitchenette. There’s so few builders that make a space like this – it’s a great option for an elderly parent living with extended family.
- Waterstone homes have three car garages, and most of Brookstone has three car garage also, with the exception being the smallest 2,342 single story plan with a two car garage.
- Lot sizes are standard and not oversized. Some lots have a sloped area in the backyards.
- No HOA
- Solar – required as of 2020….you can either purchase it & own it outright, or lease it
- Property Taxes:
- Tax Rate = 1.188%
- Special Assessments / Mello Roos = Approx $347/05/mo
Meritage – Steel Canyon at Russell Ranch
- Meritage is the fourth builder to open in Folsom Ranch and they bring something new to the other options in the neighborhood! These homesites sit in the denser pocket of homes on the east side of “Russell Ranch” found on the above area map…up near the large radio towers on the hillside overlooking the Sacramento valley.
- 1,794 – 2,145 Sq. Ft., pricing from the low 500s
- These home types are different from everything built thus far in Folsom Ranch because they are zero lot line homes on smaller lots. The layout of the neighborhood is built off of short alleyways with 6 homesites on each alley. Homes are closer together and the backyards are shallow in depth, with an outdoor living space off to the side. All homes in this community are two story homes and there are three floorplans to choose from.
- All floorplans have two car garages.
- There are six design packages that include cabinets, backsplash, flooring, and countertops labeled chic, bold, posh, inspire, refined, and luxe (see photo below). Chic is the base package and each subsequent package would add $ to the base price of the home as you increase in level of materials. Unlike other communities where you can go to the design center and choose parts and pieces to make your home unique, there is no design center for this community, and you choose only from the streamlined designer packages.
- Solar – the first few homes will not require solar as the permits were pulled prior to 2020 when solar became a requirement, but most of the homes will require some version of solar to meet state requirements…usually a purchase or a lease option
- There is an HOA for the neighborhood as well at $350/mo, which includes the gated community, front yard maintenance, private streets, clubhouse with a recreation facility, pool/spa, bocce ball courts, & an outdoor kitchen.
- Property taxes:
- The ad valorem tax rate is 1.1877%
- Special Assessments / Mello Roos = Approx $168/mo
- Steel Canyon Sample Tax Disclosure
- Steel Canyon Sample Natural Hazard Disclosure
New Home Company – Silver Crest at Russell Ranch
- NHC is the fifth builder to open up in Folsom Ranch, and brings another higher end community to the area. This is a community of 108 homesites and the first homes will be completed in June 2020.
- 2,626 – 3,570 Sq. Ft., pricing from the high 700s and can run into the high $800s+f for the larger plans or for those homes with pre-selected upgrades.
- These homes are different from the other communities so far because many of the homesites will have great views looking out over the valley. That of course, comes with a higher price tag!
- Lot sizes average 9K sf, which is large for the area!
- All floorplans have three car garages, however, some of the plans have the option to turn the single car side into a “Multi-Gen” suite….somewhat like Lennar’s Next Gen plan, a separate area with small kitchenette and full bath. These areas work great for an elderly parent living with their younger family wanting their own space/independence, an older child living at home, etc.
- Silver Crest has an on-site Design Studio built into one of their garages that gives the buyer an option to make additional selections beyond the included package materials. The models are beautifully decked out with upgrades.
- Solar is now required for 2020 homes, and there is a purchase option or a lease/power purchase option
- There is an HOA for the neighborhood as well at $201/mo – $289/mo, which includes the gated community, front yard maintenance, private streets, clubhouse with a recreation facility, pool/spa, bocce ball courts, & an outdoor kitchen.
- Property taxes:
- The ad valorem tax rate is 1.1877%
- Special Assessments / Mello Roos = Approx $215 – $230 per month
- Russell Ranch CCRs (Buyer to receive final version during purchase)
Anthem United – Iron Ridge at Russell Ranch
- Anthem United is the sixth builder to open in Folsom Ranch, and brings a middle range option to this part of Folsom…still higher starting prices than other parts of Sacramento, but not as high priced as some communities in Folsom Ranch. This community will finish their first homes in summer 2020. Three of their four plans are modeled.
- 1,779 – 2,953 Sq. Ft., pricing from the mid 500s (As of 3/7/2020, the 1779 single story starts at 559K)
- Lot sizes average around 5K sf, with some variances. Side yards are ~ 5 feet wide.
- Several of these homesites will have great views looking out over the valley. That of course, comes with a higher price tag for the lot premium! The sales rep today said lot premiums for some are in the 75K – 120K range for the best views. Also – note that some of the view lots overlook Placerville Road, which to me will be a noisier location than some once Folsom Ranch is up and running.
- Once nice thing this builder does is offer some flexibility with lots, floorplans, and exterior elevations. Once the lots are released, buyers may be able to request a specific floorplan and elevation on that lot. Restrictions would apply if there is already another one of these same homes/elevations nextdoor, so you don’t have two identical homes next to one another.
- While the single story small plan has a two car garage, the three two-story floorplans all have tandem three car garages!
- Solar is now required for 2020 homes, and there is a purchase option or a lease/power purchase option
- There is an HOA for the neighborhood as well at $255/mo, which includes the gated community, front yard maintenance, private streets, clubhouse with a recreation facility, pool/spa, bocce ball courts, & an outdoor kitchen.
- Property taxes:
- Mello Roos = Approx $243 per month
Richmond American – Ladera and Mesa at White Rock Springs Ranch
- Richmond American is the latest builder to open in Folsom Ranch and provides some homes that are at lower starting prices than many of the other builders! They have two communities – Ladera and Mesa – and are located in the White Rock Springs section of Folsom Ranch.
- Ladera:
- 1,710 – 2,630 square feet
- One single story plan and three two story plans. Only two homes are modeled.
- Lot sizes average 5K square feet
- Base pricing from the low 500s (527K in August 2020)
- Mesa:
- 1,990 – 3,020 square feet
- One single story plan and three two story plans
- Lot sizes average 6K square feet
- Base pricing from the mid 500s (559K in August 2020)
- HOA $135/mo includes association management and common areas (no amenities like Russell Ranch)
- Mello roos is approximately $333/mo
- Solar is a PPA lease or purchase serviced by Vivint Solar Company
- One of the things I like a lot about this community is that there is more flexibility to choose the lot and the floorplan and elevation you want! Some are already selected, but others can be personalized, within limitations (can’t have three of the same plan in a row)
Enclave at Folsom Ranch – KB Homes
Soliel at Folsom Ranch by KB Homes
Gold Hill at Russell Ranch by The New Home Company – Fall 2020
& rumors of JMC building in White Rock Ranch!
- Folsom Ranch website
- Traffic Plan / Improvements & Bike Trail Map
- Schools – FCUSD
- Tentative school openings – Mangini Ranch Elementary – 2021/2022 school year; Middle School – 2027/2028 school year; High School – 2025/2026 school year
- Dignity Health announces plans to build in Folsom Ranch July 2020
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