As a Ranch resident, you have full access to all the ageless amenities available in each village on Rancho Mission Viejo. Plus, Gavilan residents also have access to additional amenities exclusive to the 55-plus crowd.
In addition, approximately 50 acres of commercial space is envisioned at Esencia for such uses as retail shops and services, restaurants, professional offices, and more.
The overall total annual property tax rate paid by new Esencia homeowners within this CFD will be approximately 1.8% of the base home prices for owners of homes in the 55+ Gavilán® neighborhoods and approximately 2% of the base home price for all other Esencia homeowners. (Base home prices do not include any home upgrades and/or view premiums.) This total annual property tax rate will include the 1.0% base per Prop. 13 PLUS any existing government-issued bonds PLUS CFD taxes and all other property tax assessments. So, CFD taxes will be a portion of the overall annual property tax rate which is expected not to exceed 1.8% for 55+ neighborhoods or 2% for all other neighborhoods at Esencia.
That means that Esencia residents qualify to pay as little as approximately $2,100 annually and as much as approximately $11,897 annually in CFD taxes – with the bulk of residents paying between approximately $5,000 and $7,000 annually. As a point of comparison, homebuyers in one of the newest areas of Irvine are paying an average of $10,277 annually in CFD taxes while those residing in the newest neighborhoods along the San Clemente coast are paying an average of $10,323 in CFD taxes.
Esencia neighborhood homebuilders are required to disclose to homebuyers their maximum CFD taxes prior to purchase. Neighborhood homebuilders also can provide information about how to prepay the Esencia CFD taxes. Please consult your financial advisor or CPA for all tax advice.
In addition, all Rancho Mission Viejo homeowners pay a monthly master homeowners association fee through the Ranch Master Maintenance Corporation or Rancho MCC. Rancho MMC funds the management and maintenance of Rancho Mission Viejo’s many community recreational amenities and facilities as well as all the community farms, parks, common area landscaping, hardscape, lighting, trails, and monumentation as well as related staffing and administration. The monthly general Rancho MCC assessment for Esencia homeowners is $189.
Based on builder neighborhood, additional fees will be assessed for other purposes including attached-home sub-associations and/or “special benefit areas” (i.e., covering the maintenance of slopes, alley areas, gated neighborhoods, and more).
Within the local area are numerous colleges and universities including the following: Brandman University, California State University at Fullerton (Irvine Campus), Concordia University, Pepperdine University – Irvine Campus, Saddleback College, SOKA University, and University of California, Irvine.
The multi-use trails of Esencia also provide links with the village of Sendero and its amenities, as well as connections with hiking/biking trails accessing select Reserve at Rancho Mission Viejo trails and a County Regional hiking and biking trails network (leading from O’Neill Regional Park into San Juan Capistrano and down to Doheny State Beach). Additional regional trails are planned.
While the primary goal of The Reserve is to focus on habitat study and conservation, programs and activities (including docent-led trail walks) are conducted year-round – with many offered exclusively to Ranch residents. Ranch residents are invited to join-in on fun events such as Knee High Naturalists activities, Rambles on the Ranch, camping, stargazing, and more. To learn more about The Reserve, visit www.RMVReserve.org.
Under SCRIP, several new improvements have already been made to help address roadway and traffic conditions in the Sendero area, including the following:
SCRIP is administered by Orange County Public Works.
For decades, Rancho Mission Viejo has worked with various agencies to identify the funding for vital South Orange County infrastructure improvements, while also ensuring that infrastructure construction is phased with Ranch community development so that improvements are completed in a timely fashion.
In the past, Rancho Mission Viejo has pioneered with the County of Orange to fund and construct such important South County arterial roadways as Marguerite, Antonio, Crown Valley and Oso parkways. Currently, Rancho Mission Viejo is working with the County on the extension of Cow Camp Road and Los Patrones Parkway to serve local Ranch resident and regional needs. With specific regard to Los Patrones Parkway, existing County approvals designate this arterial as a non-tolled, County-owned and maintained arterial.
Click here to read more.
As ranchers, developers, and stewards of one of the largest land reserves in the state of California, procuring a regular supply of water is essential to nearly every operation conducted on The Ranch including ranching and farming, the management of on-site leases, the protection of open spaces on the Reserve at Rancho Mission Viejo, as well as phased residential and commercial development.
Click here to read more about Rancho Mission Viejo’s efforts to provide a reliable water supply and water-wise programs to reduce demand.