SOURCE: William Lyon Homes

William Lyon Homes

May 05, 2011 13:06 ET

Hundreds of Guests Attend Canopy Lane's Grand Opening, Resulting in a Phase One Sell-Out & New Phase Release

COSTA MESA, CA--(Marketwire - May 5, 2011) - The highly anticipated Grand Opening of gated Canopy Lane, which introduced new home opportunities to the South Coast Metro area was a huge success, resulting in overwhelming demand and a Phase One sell out. Hundreds of enthusiastic guests toured the professionally decorated models to enjoy their first glimpse of this extraordinary enclave of just 38 homes. Offering the chance to own New in a central O.C. locale at prices from the low $500,000s, plus the benefits of a low tax rate and no Mello Roos fees, Canopy Lane is releasing a new phase of homes that offer prime South East facing and park adjacent locations to accommodate high homebuyer demand. Visit Canopy today for the outstanding new home value you have been searching for. Don't let this once-in-a-lifetime opportunity pass you by, log on to www.lyoncanopylane.com now!

"Homebuyer response during the neighborhood Grand Opening was phenomenal. Our guests were extremely impressed with these stylish single-family floorplans and especially liked the large family rooms and open kitchen layouts. Canopy Lane's charming architecture, coupled with its pricing and location in the heart of the South Coast Metro, have made this neighborhood the ultimate home buy that everyone has been waiting for," said Lesley Pennington, Director of Sales for William Lyon Homes. "The bottom line is that this limited edition of just 38 detached residences has the growing space buyers want, an ideal OC location and prices that make homeownership attainable -- and this unbeatable combination is driving tremendous demand, resulting in a new phase release at Canopy Lane."

"Many of the guests who visited are currently renting in nearby communities and are ready to enjoy the rewards of homeownership at Canopy Lane. We are thrilled this neighborhood can fulfill their dreams for the future with a new home of their own in a vibrant location that can enrich their lives. Buyers are absolutely encouraged to visit this coveted new address without delay, so they can start the pre-qualifying process and take advantage of our newest phase that was released much earlier than anticipated to accommodate ongoing interest in Canopy Lane," Pennington added.

The neighborhood's tree-lined lane and private park underscore its quiet, family-friendly setting. Stylish and functional, Canopy Lane's two-story detached floorplans range from approximately 1,871 to 2,327 square feet, with three to four bedrooms, two- and one-half bathrooms and two-car attached garages. Spacious master suites, modern kitchens with islands and upstairs laundry rooms highlight the neighborhood's contemporary, smart planning.

Residents will be just minutes from the world-class shopping and restaurants of South Coast Plaza®, the Segerstrom Center for the Arts, Centennial Park, John Wayne Airport and the city's major business hubs. The neighborhood's close proximity to the 405, 73 and 55 freeways will be another plus for homeowners who travel frequently for work or weekend getaways.

It matters who your builder is, and William Lyon Homes means it when they say that they put themselves into their homes. They build each and every home as if it were their own and have earned a solid track record for constructing homes throughout the West since 1954. Learn more by visiting the newly launched website at www.lyonhomes.com for exciting information on William Lyon Homes' brand new neighborhoods for sale.

To visit Canopy Lane, take the I-405, exit Fairview Road and travel north. Turn right on Alton Avenue then right again on Alton Court into the neighborhood. The Models and Sales Gallery are open daily from 10 a.m. to 6 p.m. For more information, please call 888-576-6378.

Prices are effective as of the date of publication. All homes are subject to prior sale. Prices and availability of homes are subject to change without notice. DRE Officer License: 00982816.