106 Woody Knoll, Irvine, California 92602, Irvine, 92602 - 6 bed, 7 bath
ACTIVE$10,500,000$7,250/sqft
Est. Value: $10,105,674
-3%
AboveEstimate
106 Woody Knoll, Irvine, California 92602
6Beds
7Baths
7,250Sqft
14,659Lot
Price Vs. Estimate
The estimated value ($10,105,674.47) is $394,325.53 (3%) lower than the list price ($10,500,000). This property may be overpriced.
Key pros and cons
Top Pros:
Panoramic Views: The property boasts stunning panoramic views of Catalina Island, the Pacific Ocean, and city lights, a highly coveted feature in this market.
Top Cons:
Aggressive Pricing: The list price of $10.5M is 3% above the estimated value and notably higher than recent comparable sales and active listings in the immediate area, potentially impacting marketability.
Compared to the nearby listings
Price:$10.50M vs avg $2.79M (+$7,706,000)98%
Size:7,250 sqft vs avg 3,096 sqft98%
Price/sqft:$1.4K vs avg $95895%
More Insights
Built in 2019 (7 years old).
Condition: This property was built in 2019, making it only 5 years old. As a newly constructed luxury home in a prestigious community like Orchard Hills, it meets the 'Excellent' criteria of being built within 10 years. It is expected to feature contemporary design, modern amenities, and all components are virtually new, meeting current quality standards with no deferred maintenance. While specific interior details and images for this listing are limited, the year built and the context of comparable properties in the same development strongly indicate a state of excellent condition with high-end finishes and systems throughout, including the kitchen and bathrooms.
Year Built
2019
Close
-
List price
$10.5M
Original List price
$10.5M
Price/Sqft
$1,448
HOA
$280
Days on market
-
Sold On
-
MLS number
OC25111959
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Ocean
ViewCatalina,City Lights,Ocean
About this home
M
Michelle Nguyen
Listing Agent
Condition Rating
Excellent
This property was built in 2019, making it only 5 years old. As a newly constructed luxury home in a prestigious community like Orchard Hills, it meets the 'Excellent' criteria of being built within 10 years. It is expected to feature contemporary design, modern amenities, and all components are virtually new, meeting current quality standards with no deferred maintenance. While specific interior details and images for this listing are limited, the year built and the context of comparable properties in the same development strongly indicate a state of excellent condition with high-end finishes and systems throughout, including the kitchen and bathrooms.
Pros & Cons
Pros
Panoramic Views: The property boasts stunning panoramic views of Catalina Island, the Pacific Ocean, and city lights, a highly coveted feature in this market.
Modern Construction: Built in 2019, the home offers contemporary design, modern amenities, and the benefits of newer construction standards.
Expansive Living Space: With 7,250 sqft, 6 bedrooms, and 7 bathrooms, the property provides exceptionally spacious and luxurious accommodations.
Prime Location: Situated in the prestigious Alta Vista subdivision within Irvine's desirable Orchard Hills, known for its upscale community and amenities.
Generous Lot Size: The 14,659 sqft lot offers significant outdoor space, privacy, and potential for custom landscaping or additional features.
Cons
Aggressive Pricing: The list price of $10.5M is 3% above the estimated value and notably higher than recent comparable sales and active listings in the immediate area, potentially impacting marketability.
Limited Feature Detail: The current listing information lacks specific details on high-end interior finishes, custom upgrades, or unique luxury amenities that would fully justify its premium price point.
High Carrying Costs: A $10.5M property in California will incur substantial annual property taxes in addition to the $280 monthly HOA fee, representing significant ongoing ownership costs.