111 Orbit, Irvine, California 92618, Irvine, 92618 - 4 bed, 5 bath

111 Orbit, Irvine, California 92618 home-pic-0
ACTIVE$3,650,000
111 Orbit, Irvine, California 92618
4Beds
5Baths
3,473Sqft
5,174Lot

Price Vs. Estimate

The estimated value ($3,207,451.41) is $442,548.59 (12%) lower than the list price ($3,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New & Luxury Construction: Built in 2024, this property is described as 'the most luxury home' in new constructions, featuring high-end finishes, premium appliances (Sub-Zero, Wolf), and modern upgrades throughout.
Top Cons:
Significant Price Discrepancy: The current list price of $3.65M is considerably higher than the estimated property value of approximately $3.2M and recent comparable sales, suggesting potential overpricing relative to the market.

Compared to the nearby listings

Price:$3.65M vs avg $2.30M (+$1,350,500)89%
Size:3,473 sqft vs avg 2,781 sqft80%
Price/sqft:$1.1K vs avg $84096%

More Insights

Built in 2024 (1 years old).
Condition: This property is a brand-new construction, built in 2024, which immediately places it in the highest quality category. The description highlights numerous high-end features and upgrades, including elegant wood flooring throughout, a kitchen equipped with premium Sub-Zero and Wolf appliances, and all bathrooms upgraded with modern showers. The inclusion of paid-off solar panels and a professionally designed backyard further underscores its excellent condition and modern amenities, meeting current quality standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$3.65M
Original List price
$3.65M
Price/Sqft
$1,051
HOA
$183
Days on market
-
Sold On
-
MLS number
OC25022300
Home ConditionExcellent
Features
Excellent View: None
Patio
View-

About this home

CIELO PLAN 3-The most luxury home in all new constructions of Portola Springs in Irvine! CORNER LOT! Breathtaking VIEWS from ALL 4 bedrooms and loft! Extra large backyard! The ONLY model that features a downstairs Next-gen SUITE (living room+full bathroom+bedroom)! This BRAND-NEW stunning 2-story single family home spans 3,473 sq. ft. and features 4 bedrooms, 4.5 bathrooms, and a versatile loft. The home boasts a dramatic 20-foot soaring ceiling in the living room, enhancing its grandeur. Upgrades include elegant wood flooring throughout, an epoxy-coated garage floor, and a professionally designed and constructed backyard, perfect for entertaining. The kitchen is equipped with high-end appliances, including a Sub-Zero built-in refrigerator and a Wolf stove and oven. All bathrooms have been upgraded with modern showers in place of tubs. The home also includes SOLAR panels (paid-off by owner) and a convenient downstairs Next-gen SUITE. Located in the prestigious Irvine School District, near the highly-rated Portola High School, this residence offers luxury, comfort, and excellent educational opportunities. Don’t miss this exclusive chance to own a top-tier home in Irvine!---Furniture and decor are negotiable---

Condition Rating
Excellent

This property is a brand-new construction, built in 2024, which immediately places it in the highest quality category. The description highlights numerous high-end features and upgrades, including elegant wood flooring throughout, a kitchen equipped with premium Sub-Zero and Wolf appliances, and all bathrooms upgraded with modern showers. The inclusion of paid-off solar panels and a professionally designed backyard further underscores its excellent condition and modern amenities, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New & Luxury Construction: Built in 2024, this property is described as 'the most luxury home' in new constructions, featuring high-end finishes, premium appliances (Sub-Zero, Wolf), and modern upgrades throughout.
Exceptional Views: The property boasts 'breathtaking VIEWS from ALL 4 bedrooms and loft,' significantly enhancing its appeal and perceived value.
Multigenerational Suite: A unique downstairs Next-gen SUITE (living room+full bathroom+bedroom) offers versatile living arrangements, ideal for extended family or guests.
Premium Location & Schools: Located in the prestigious Irvine School District, near the highly-rated Portola High School, providing excellent educational opportunities and community desirability.
Energy Efficiency & Outdoor Living: Includes owner-paid-off solar panels for energy savings and a professionally designed, extra-large backyard perfect for entertaining.

Cons

Significant Price Discrepancy: The current list price of $3.65M is considerably higher than the estimated property value of approximately $3.2M and recent comparable sales, suggesting potential overpricing relative to the market.
Ambiguous View Classification: While the description highlights 'breathtaking views,' the official property data lists the view as 'None,' which could lead to confusion or unmet expectations for potential buyers.
High Entry Price Point: At $3.65M, this property targets a very specific luxury segment, potentially limiting the pool of qualified buyers compared to other new constructions in the Portola Springs area.

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