Details and real estate information about Promenade Townhomes Huntington Beach. This includes community features, home prices, photos, HOA, location, pros and cons.
Everyone deserves the opportunity to own a piece of lavish and conveniently located Huntington Beach real estate. It was with this concept in mind that Promenade Townhomes were built because they are part of the City of Huntington Beach Inclusionary Housing Program.
Promenade Townhomes Huntington Beach – Community Features
Promenade is part of the city’s Inclusionary Housing Program. It was designed to ensure that there is affordable ownership housing. Thus, low, median and moderate income families have access to convenient and decent housing. As a part of this initiative the city requires that 10% of all new housing construction with three or more units be affordable for certain income limits.
As part of that program Promenade is designated for moderate income family housing. There are some income limits based on household size. Here’s the breakdown. One person in the household has an income limit of $82,250. Two people have a limit of $94,000. A three person household is $105,750. A four person household is $117,500. Finally, a household of five has a limit of $126,900.
In addition to income requirements there are also sales requirements. These homes may not be purchased with all cash. No investors allowed in this community. Even more, if you are approved you will be required to reside in the home as your primary residence.
Promenade Townhomes is a gated community of 80 tri-level homes. Built in 1999 with modern curb appeal. These homes offer residents desirable floor plans and features. Even more, each townhome includes a formal living room with fireplace and formal dining room. Additionally, they have a spacious kitchen, family room, master suite with walk-in closet and private bath. Interior laundry rooms and enclosed patio areas are also common.
The 3 bed, 2.5 bath end units are the largest available. They have approx 1,407 – 1,611 sq ft of living space and also an attached 2 car garage.
Interior units have 2 bed, 2.5 bath with a 1 or 2 car garage. So there overall square footage is less with approx 1,250 – 1,513 sq ft.
Promenade Townhome Prices
The latest sale was a 2 bed, 2.5 bath, with 1,513 sq ft. It had crown molding, central A/C and a fireplace. The home sold for $483,425. So Promenade Townhomes made it possible for moderate income families to own a beautiful home right in the heart of Huntington Beach.
Promenade Townhomes Huntington Beach is located right off Quiet Cove Circle, Huntington Beach, CA 92648. There are two separate housing tracts. Each have 40 townhomes, one off of Quiet Cove Circle and the other off Shady Glen Circle.
To view ALL Huntington Beach Condos in this 92648 zip code -click here-
Pros and Cons
Pros – Great central location. You can bike to the beach and shopping. Affordable housing in a premium location.
Cons – Limited appreciation. Non-owner and investors can not purchase or live here. No all cash purchases.
Promenade Townhomes Huntington Beach – HOA Information
- HOA Name: The Promenade at Seagate HOA
- Management Company: Bentley Community Mgmt
- Address: 18340 Yorba Linda Blvd., Suite 107, Yorba Linda, CA 92886
- Contact Info: Phone: (888) 390-6364 Fax: (714) 695-0240 Website: https://bentleycm.com/
- HOA Dues: $296 & $40/mo – Includes exterior grounds, trash and also fire insurance
Real Estate Services
Do you own a townhome in Huntington Beach?
This blog is part of a larger portal I’ve created that showcases every single townhome in the city of Huntington Beach. So with over 100 Huntington Beach Condo Communities it’s important that buyers with different lifestyles and budgets have a place to go where they can find the right location to live.
My name is Zeb Plante, a real estate Broker with Cal Direct Realty. I’m an experienced buyer and seller consultant with intimate knowledge of the condo and townhouse market in Huntington Beach. Let me help you.
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