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101 Menkar, Irvine, California 92618, Irvine, 92618 - 3 bed, 3 bath

101 Menkar, Irvine, California 92618 home-pic-0
ACTIVE$1,440,000
101 Menkar, Irvine, California 92618
3Beds
3Baths
1,734Sqft
92,649Lot

Price Vs. Estimate

The estimated value ($1,391,804.685) is $48,195.315 (3%) lower than the list price ($1,440,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Community Location: Situated in Irvine's desirable Great Park, offering walkability to amenities like a farmers market, clubhouse, and parks, fostering a vibrant community lifestyle.
Top Cons:
Monthly Association Fees: The property is subject to a $240 monthly association fee, an ongoing cost that buyers must factor into their budget.

Compared to the nearby listings

Price:$1.44M vs avg $2.28M ($-844,500)11%
Size:1,734 sqft vs avg 2,749 sqft8%
Price/sqft:$830 vs avg $83547%

More Insights

Built in 2017 (8 years old).
Condition: Built in 2017, this property is only 7 years old and presents as virtually new. The kitchen features modern white shaker cabinets, sleek dark countertops, and stainless steel appliances, all in excellent condition. Bathrooms are equally modern with white vanities and clean tile work. Hardwood flooring throughout the main living areas and clean carpets in bedrooms show minimal to no wear. All components meet current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2017
Close
-
List price
$1.44M
Original List price
$1.5M
Price/Sqft
$830
HOA
$240
Days on market
-
Sold On
-
MLS number
P1-23100
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to this beautiful, completely detached, 3-bedroom home, filled with natural sunlight and thoughtfully designed for modern living. One of the few corner units available, this coveted location offers exceptional privacy and the kind of unmatched separation that makes it one of the most desirable homes in the community. The heart of the home is the stunning kitchen, featuring a massive island perfect for gathering, cooking, or entertaining. Every detail has been considered, from the sleek finishes to the open layout that flows effortlessly from living to outdoor spaces. Step outside to an exquisite backyard, professionally landscaped to create a serene, low-maintenance retreat ideal for relaxing or enjoying quiet outdoor moments. Ideally situated within walking distance to the local farmers market and centrally located between the main clubhouse, Parasol Park, and scenic walking trails, this home offers the perfect blend of comfort, convenience, and community. Don't miss your chance to make it yours!

Nearby schools

9/10
Portola Springs Elementary
Public,•K-6•1.7mi
7/10
Cypress Village Elementary
Public,•K-6•3.4mi
7/10
Rancho Canada Elementary School
Public,•K-6•3.6mi
9/10
Jeffrey Trail Middle
Public,•7-8•1.7mi
6/10
Serrano Intermediate School
Public,•7-8•4.1mi
9/10
Irvine High School
Public,•9-12•3.0mi
9/10
Northwood High School
Public,•9-12•3.4mi
7/10
El Toro High School
Public,•9-12•4.2mi
Condition Rating
Excellent
Built in 2017, this property is only 7 years old and presents as virtually new. The kitchen features modern white shaker cabinets, sleek dark countertops, and stainless steel appliances, all in excellent condition. Bathrooms are equally modern with white vanities and clean tile work. Hardwood flooring throughout the main living areas and clean carpets in bedrooms show minimal to no wear. All components meet current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Exceptional Community Location: Situated in Irvine's desirable Great Park, offering walkability to amenities like a farmers market, clubhouse, and parks, fostering a vibrant community lifestyle.
Modern & Detached Construction: A recently built (2017) and completely detached home, featuring a contemporary design, open layout, and abundant natural light, appealing to modern living preferences.
Premium Corner Unit: As one of the few corner units, it provides superior privacy and separation from neighbors, a highly sought-after feature in community living.
Upgraded Gourmet Kitchen: Boasts a stunning kitchen with a massive island, sleek finishes, and an open concept, ideal for entertaining and daily family life.
Low-Maintenance Outdoor Retreat: Features a professionally landscaped backyard designed as a serene, low-maintenance space, perfect for relaxation and outdoor enjoyment.

Cons

Monthly Association Fees: The property is subject to a $240 monthly association fee, an ongoing cost that buyers must factor into their budget.
Lack of Scenic Views: The property does not offer any specific scenic views, which might be a consideration for buyers prioritizing panoramic outlooks.
History of Price Reductions: Multiple price reductions from the original list price ($1,498,888 to $1,440,000) could indicate initial overpricing or a slower market response, potentially raising buyer questions about value.

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