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Tuesday, June 01, 2010 / Shea Homes

With home prices the lowest they've been in years, interest rates at historic lows and the new $10,000 California tax credit*, now is the time to purchase a new home, and one of the smartest purchases a buyer can make is a spacious paired residence at Shea Homes' Canterbury Lane in Moorpark.


“For first-time home buyers, now is the time to make it your own from the very start,” stated Janet Benavidez, vice president of sales and marketing for Shea Homes Southern California. “Canterbury Lane makes that possible with a trio of financial advantages: prices starting in the low $400,000s, no Mello-Roos taxes and a low tax rate of 1.25%. Put those together with the $10,000 tax credit, and Canterbury Lane is an unbeatable value.”


With its ideal location in a community that offers abundant recreation, excellent schools and a safe environment for every family, Canterbury Lane combines the carefree convenience of paired-home living with exceptional spaciousness and a host of luxurious amenities. Enhanced by quiet cul-de-sac locations and private yards, the community's stylish residences range from approximately 1,629 to 1,921 square feet, including three to four bedrooms and two and one-half baths plus a two-car attached garage with storage space.


Design highlights include fireplace-warmed family room/living rooms, gourmet kitchens with granite countertops, luxurious master suites with large walk-in closets and elegant baths with dual sinks and separate tub and shower enclosures, and upstairs laundry rooms. Plan Two takes on the added distinction of a separate living room and family room, while the large kitchen island is perfect for food preparation and serving.  All plans offer handy tech centers in centralized locations to be shared by everyone in the household.


Moorpark’s charming and friendly character is enhanced by 16 community parks and a brand-new 27-hole golf course that combine to offer a wide variety of recreational opportunities, and Canterbury Lane's community pool offers fun and recreation just steps from the homes.


Moorpark Unified School District is well-known for its educational excellence. Moorpark High School’s Academic Decathlon Team earned the National Championship Title in 1999, 2003 and 2008.


In addition, Moorpark is home to Moorpark College, which provides an accredited two-year program in business, science, performing arts, and vocational studies. Students in the school’s Exotic Animal Training and Management program operate an expanding on-campus zoo facility, which is open to the public, and the physics and astronomy departments also boast Ventura County´s only public observatory.


For everyday convenience, Canterbury Lane is within walking distance of grocery stores and other retailers and just a 10-minute drive from fashionable shopping and dining at the new Simi Valley Town Center. For commuters, the Moorpark Metrolink station is also within walking distance, and the community is close to the 118 Freeway as well.


To discover all the reasons why now is the time for Canterbury Lane, travel the 118 Freeway west or the 23 Freeway north and exit westbound on Los Angeles Avenue. Make a U-turn at Park Lane and head back toward the community, turning right into the Canterbury Lane neighborhood. The Information Center and furnished models are open Saturday through Tuesday from 10 a.m. to 6 p.m., Wednesday from 2 to 6 p.m. and closed on Thursday and Friday. For more information on Canterbury Lane, please call 805-529-2243.


Shea Homes Southern California is a division of Shea Homes Limited Partnership, one of America’s largest privately held homebuilders. As a member of the Shea family of companies, which celebrated its 125th anniversary in 2006, Shea Homes has won numerous prestigious awards for quality, integrity, innovation and customer satisfaction. Shea Homes’ pursuit of excellence is typified by Shea Superiology, the art and science of designing and constructing homes that offer homeowners superior value by maximizing their quality of life, minimizing their costs and making a positive contribution to the environment. For more information, please visit the company's website at


*A tax credit of up to $10,000 (five percent of home price or $10,000, whichever is less) for the purchase of a newly constructed, previously unoccupied home. Available May 1, 2010 and good until December 31, 2010, or when funding authority runs out; whichever comes first. All offers subject to federal funding availability. Purchasers must reside in the home for at least two years and no investors. Visit for more information on the $10,000 California New Home Buyers Tax Credit. This information is provided for general awareness only, and is not intended for the purpose of providing legal, accounting, tax advice or consulting of any kind. Please consult with your tax professional for complete details.

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