109 Ritual, Irvine, California 92618, Irvine, 92618 - 4 bed, 4 bath
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Irvine, California 92618
Analysis of 109 Ritual, Irvine, California 92618 reveals a property with a current list price of $3,659,000, which is 17% above the estimated $3,033,895 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 109 Ritual Subject | $3,659,000* List Price | 4 | 4 | 3,021 | $1,004 | - |
A 121 Drumbeat Sold | $2,838,880 | 4 | 5 | 3,225 | $880 | 0.6 mi |
B 128 Tomahawk Sold | $2,600,000 | 4 | 4 | 2,805 | $927 | 0.8 mi |
C 200 Canterbury Sold | $2,680,000 | 4 | 4 | 2,548 | $1,052 | 0.9 mi |
D 129 Mossvine Sold | $2,800,000 | 4 | 5 | 3,220 | $870 | 0.6 mi |
E 119 Oakstone Sold | $2,775,000 | 4 | 3 | 2,870 | $967 | 0.6 mi |
F 120 Sunnyslope Sold | $3,068,000 | 4 | 5 | 3,365 | $912 | 0.4 mi |
G 100 Princess Pine Active | $3,450,000 List Price | 4 | 4 | 2,860 | $1,206 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019 and featuring over $750,000 in luxury upgrades, this property is virtually new. The gourmet chef's kitchen boasts custom cabinetry, high-end stainless steel appliances, and a large island with a waterfall countertop, all in a modern, pristine condition. While full bathroom images are not provided, the description highlights 'spa-inspired bathrooms,' and the overall aesthetic, including modern light fixtures, tile flooring, and new carpets, indicates top-tier quality with no deferred maintenance.
An exclusive opportunity to assume the seller's $1 million loan at a significantly low 2.75% interest rate, offering substantial monthly mortgage payment savings compared to current market rates.
Boasting over $750,000 in designer upgrades, including a gourmet chef's kitchen with high-end appliances, spa-inspired bathrooms, and a resort-like primary suite, ensuring a premium living experience.
Positioned on a private premium lot offering unobstructed hillside and trail views, with direct access to scenic trails, enhancing privacy and outdoor lifestyle.
The current listing price of $3,659,000 is significantly higher than the estimated property value and recent comparable sales in the immediate area, suggesting it may be overpriced.
Despite being a 'premium lot,' the 4,770 sq. ft. size might be considered modest for a luxury home in this price range, potentially limiting extensive outdoor living space.
Unlike several comparable newer luxury homes in the area, the property description does not highlight the presence of solar panels, which could be a perceived absence of a modern energy-efficient feature.
PRICE REDUCTION – NOW OFFERED AT $3,659,000! Sophisticated Designer Home | Premium Lot | Hillside & Trail Views Portola Springs, Irvine Experience a rare blend of elevated luxury and smart financial opportunity in one of Irvine’s most coveted neighborhoods. Exceptional Financing Advantage: An exclusive opportunity awaits—assume the seller’s $1 million loan at just 2.75% interest, lender-approved and subject to buyer qualification. With current market rates hovering near 6%, this rare loan assumption could save a qualified buyer thousands of dollars per month in mortgage payments. A true standout feature that sets this property apart. This stunning, designer-upgraded home is positioned on a private premium lot with direct access to scenic trails and unobstructed hillside views. Boasting over $750,000 in luxury upgrades, it offers an extraordinary living experience marked by elegance, comfort, and seclusion. Property Highlights: • 4 Bedrooms | 4 Bathrooms • Approx. 3,021 Sq. Ft. of meticulously curated interiors • Gourmet chef’s kitchen with custom cabinetry & high-end appliances • Spa-inspired bathrooms and a serene, resort-like primary suite • Bright, open-concept living spaces with seamless indoor-outdoor flow Community & Location: • Resort-style amenities: parks, pools, spa, clubhouse, playgrounds, full-size basketball court & BBQ picnic areas • Zoned for top-rated Irvine Unified Schools, including Portola High • Minutes from Woodbury Town Center, Irvine Spectrum, FivePoint Amphitheater, Wild Rivers, John Wayne Airport & more • Convenient access to I-5, 241, 133 & 73 freeways This is more than just a home—it’s a lifestyle of comfort, sophistication, and financial advantage in one of Irvine’s most coveted neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,021 | 2,712 | 63% |
| Lot Size | 4,770 | 4,686 | 50% |
| Price | $3.66M | $2.28M | 85% |
| Price per sq ft | $1.2K | $810 | 98% |
| Built year | 2019 | 2020 | 48% |
| HOA | $183.0 | $260 | 11% |
| Days on market | 297 | 206 | 89% |
No pricing history data available.