101 Somera, Irvine, California 92602, Irvine, 92602 - 5 bed, 5 bath

101 Somera, Irvine, California 92602 home-pic-0

Price Vs. Estimate

The estimated value ($4,771,395.94) is $416,604.06 (8%) lower than the list price ($5,188,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Luxury Construction: Built in 2024, this home offers contemporary design, high-end finishes, and a gourmet kitchen equipped with upgraded Wolf appliances.
Top Cons:
Premium Pricing: The listing price is 8% above the estimated property value, indicating a potential overvaluation in the current market.

Compared to the nearby listings

Price:$5.19M vs avg $2.79M (+$2,394,000)92%
Size:3,256 sqft vs avg 3,096 sqft56%
Price/sqft:$1.6K vs avg $95898%

More Insights

Built in 2024 (2 years old).
Condition: This is a brand new home built in 2024, meeting the 'newly built' criterion for an excellent rating. The description highlights a gourmet kitchen with upgraded Wolf appliances and 4.5 new bathrooms, indicating all components are new, high-quality, and meet current standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$5.19M
Original List price
$5.19M
Price/Sqft
$1,593
HOA
$320
Days on market
-
Sold On
-
MLS number
OC25110712
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Mountain(s)
Patio
ViewCity Lights,Hills,Mountain(s)

About this home

Nestled within The Reserve, an exclusive gated community at Orchard Hills, this refined luxury home sit on the one of the largest and best view lot in the whole community. This brand new home features 5 bedrooms, 4 and half bathrooms. The inviting covered entry and welcoming foyer lead into the impressive great room and casual dining area. Floor-to-ceiling glass windows and doors open to a spectacular outdoor space with mountain and orchard view on the end and beautiful sunset and city view on the other side. The gourmet kitchen is well-equipped with a large center island, abundant counter and cabinet space, and all upgraded wolf appliances. The stunning downstairs parents in law suite enclosed one bedroom with additional living area and separate entrance, make this home perfect for three generation living. Upstairs features 4 bedrooms including primary suite and 3 guest bedrooms. The property is conveniently located near dining, shopping centers, freeways, the Toll Road, entertainment, recreations, and award-winning schools, epitomizing the quintessential California luxury lifestyle that dreams are made of.

T
Tianyu Wang
Listing Agent
Condition Rating
Excellent

This is a brand new home built in 2024, meeting the 'newly built' criterion for an excellent rating. The description highlights a gourmet kitchen with upgraded Wolf appliances and 4.5 new bathrooms, indicating all components are new, high-quality, and meet current standards with no deferred maintenance.
Pros & Cons

Pros

Cons

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