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ITS BUYERS CHOICE AT RANCHO HILLS IN GILROY — 3/5/07

The time is right for making a new home purchase. Rancho Hills by Arcadia Homes offers prospective buyers choices between the homes released for sale and featured homes that are specially priced and finished.

One such featured plan is the Cliffrose home design on site 124, a 3,431 sq. ft. home located on a ‘super sized’ 8,154 sq. ft. site that is perfect for a pool. This popular home features 4 bedrooms, 4 baths and 3-car garage as well as the optional carriage unit with kitchen and French doors to an elegant upstairs deck. Included are desirable kitchen upgrades such as granite slab countertops and hardwood flooring. An optional fireplace in the living room complements the one in the family room; there is marble flooring in the master suite and beautiful expanded hardwood flooring and upgraded carpets throughout. This magnificent home, now ready for occupancy, is now specially priced from $1,027,909.

In addition to the special pricing and all the upgrades, this featured home is also being offered with thousands of dollars in incentives for a fast close of escrow. The builder is also offering a mortgage rate buy-down to 5.875% 30-year fixed interest rate mortgage (5.885% APR). The 30-year fixed rate first mortgage is based on an 80% loan-to-value and can be used in conjunction with a second mortgage for 90% or 100% financing. Some restrictions apply so buyers should ask the sales agent for details.

Rancho Hills offers buyers the choice of six innovative plans of timeless quality with visionary architectural design, unique floor plans and elegant appointments. Attention to detail begins on the exteriors, with decorative oil-rubbed bronze door hardware, graceful coach lights, ornamental ironwork and shutters and entries complemented by optional stone, porches or optional courtyards and walls.

In response to buyer demand, Arcadia includes a single story home design as well as five, two-story home designs. Home sizes range from 2,173 square feet to 3,681 square feet with 3-5 bedrooms, up to 4 baths and 3-car garages including a popular side entry design. Definitely unique is the optional Carriage House above the garage in the Cliffrose plan with a full width veranda, private bath and optional kitchenette creating an ideal retreat for an au pair or guests. Prices begin in the mid $800,000’s.

Interested buyers are encouraged to see all the stunning new homes for themselves. The sales center at Rancho Hills is open daily from 10 am to 6 pm. To visit, buyers should take Hwy 101 to Gilroy and take the Masten Ave. exit west. Continue on Masten, which becomes Fitzgerald Rd after crossing Monterey Rd. Turn left onto Santa Teresa Blvd. and then right onto Sunrise Drive. Follow the signs into the community parking lot.. The sales office can be reached by calling (408) 846-6906.

Rancho Hills is one of four exceptional new home communities from Arcadia Homes, built to meet the needs of next-generation homebuyers throughout California. Similar homes can be found at BrushCreek at Paradise Valley in Fairfield and Hacienda at Vista del Valle in Antioch. Estancia at Vista del Valle, also in Antioch, features slightly smaller floor plans. For information on all Arcadia Homes communities, log onto www.arcadiacompanies.com.
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