109 Ritual, Irvine, California 92618, Irvine, 92618 - 4 bed, 4 bath

109 Ritual, Irvine, California 92618 home-pic-0
ACTIVE$3,659,000
109 Ritual, Irvine, California 92618
4Beds
4Baths
3,021Sqft
4,770Lot

Price Vs. Estimate

The estimated value ($3,033,895.35) is $625,104.65 (17%) lower than the list price ($3,659,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Financing Opportunity: 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.
Top Cons:
Overpriced Relative to Market Value: 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.

Compared to the nearby listings

Price:$3.66M vs avg $2.30M (+$1,359,500)89%
Size:3,021 sqft vs avg 2,781 sqft64%
Price/sqft:$1.2K vs avg $84099%

More Insights

Built in 2019 (6 years old).
Condition: 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.
Year Built
2019
Close
-
List price
$3.66M
Original List price
$3.66M
Price/Sqft
$1,211
HOA
$183
Days on market
-
Sold On
-
MLS number
PW25130869
Home ConditionExcellent
Features
Excellent View: Hills, Mountain(s), Peek-A-Boo, Valley, Trees/Woods
Patio
ViewHills, Mountain(s), Peek-A-Boo, Valley, Trees/Woods

About this home

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.

Condition Rating
Excellent

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.
Pros & Cons

Pros

Exceptional Financing Opportunity: 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.
Extensive Luxury Upgrades: 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.
Premium Lot with Views & Trail Access: Positioned on a private premium lot offering unobstructed hillside and trail views, with direct access to scenic trails, enhancing privacy and outdoor lifestyle.
Desirable Location & Community Amenities: Located in the coveted Portola Springs subdivision, providing access to resort-style amenities (parks, pools, clubhouse, sports courts) and zoned for top-rated Irvine Unified Schools.
Modern & Spacious Design: A recently built (2019) home with 3,021 sq. ft. of meticulously curated interiors, featuring bright, open-concept living spaces and seamless indoor-outdoor flow.

Cons

Overpriced Relative to Market Value: 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.
Modest Lot Size for Price Point: 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.
Lack of Mentioned Solar Panels: 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.

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