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113 Source, Irvine, California 92618, Irvine, 92618 - 4 bed, 3 bath

113 Source, Irvine, California 92618 home-pic-0
ACTIVE$1,798,000
113 Source, Irvine, California 92618
4Beds
3Baths
2,798Sqft
107,993Lot

Price Vs. Estimate

The estimated value ($1,779,207.615) is $18,792.385 (1%) lower than the list price ($1,798,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2020, this residence features an open-concept main level, a sleek kitchen with a large walk-in pantry, and contemporary finishes, offering a move-in ready modern living experience.
Top Cons:
Multi-Level Living: The three-story design may not appeal to all buyers, particularly those with mobility concerns or a preference for single-level homes.

Compared to the nearby listings

Price:$1.80M vs avg $2.28M ($-486,500)22%
Size:2,798 sqft vs avg 2,781 sqft50%
Price/sqft:$643 vs avg $8356%

More Insights

Built in 2020 (5 years old).
Condition: Built in 2020, this property is virtually new. The images showcase a modern, open-concept design with a sleek kitchen featuring white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms are spa-inspired with contemporary fixtures and finishes. All components, including flooring, lighting, and systems, appear new and well-maintained, meeting current quality standards with no deferred maintenance.
Year Built
2020
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$643
HOA
$240
Days on market
-
Sold On
-
MLS number
OC25202309
Home ConditionExcellent
Features
Good View: None
Deck
Patio
View-

About this home

This stunning three-story residence combines style, comfort, and versatility in one of Irvine’s most desirable neighborhoods. The open-concept main level features a bright living area and a sleek kitchen with a large walk-in pantry, perfect for everyday living and entertaining. A first-floor bedroom with full bath offers flexibility for guests or multi-generational living. Upstairs, the primary suite is a true retreat with a spa-inspired bath, soaking tub, dual sinks, and a walk-in closet. Two additional bedrooms, a full bath, and a laundry room complete this level. The third floor offers a spacious bonus room and a covered deck, ideal for a home theater, office, or game room. All while enjoying beautiful sunset views. Just a few blocks from Cadence Park K–8 and part of the award-winning Irvine Unified School District, this home also includes resort-style amenities such as pools, playgrounds, and walking trails. Added value comes with paid-off solar panels and low HOA dues. This is more than a home, it’s an Irvine lifestyle, ready to be yours.

Nearby schools

9/10
Portola Springs Elementary
Public,•K-6•1.3mi
7/10
Rancho Canada Elementary School
Public,•K-6•3.4mi
7/10
Cypress Village Elementary
Public,•K-6•3.8mi
9/10
Jeffrey Trail Middle
Public,•7-8•2.1mi
6/10
Serrano Intermediate School
Public,•7-8•4.0mi
9/10
Irvine High School
Public,•9-12•3.4mi
9/10
Northwood High School
Public,•9-12•3.4mi
7/10
El Toro High School
Public,•9-12•4.0mi
Condition Rating
Excellent
Built in 2020, this property is virtually new. The images showcase a modern, open-concept design with a sleek kitchen featuring white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms are spa-inspired with contemporary fixtures and finishes. All components, including flooring, lighting, and systems, appear new and well-maintained, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2020, this residence features an open-concept main level, a sleek kitchen with a large walk-in pantry, and contemporary finishes, offering a move-in ready modern living experience.
Flexible Floor Plan: The property boasts a versatile layout with a first-floor bedroom and full bath, ideal for guests or multi-generational living, complemented by a spacious third-floor bonus room and covered deck for adaptable use.
Premium Location & Schools: Situated in one of Irvine’s most desirable neighborhoods, it is part of the award-winning Irvine Unified School District and just blocks from Cadence Park K–8.
Resort-Style Community Amenities: Residents enjoy access to extensive community amenities including pools, playgrounds, and walking trails, enhancing the lifestyle appeal.
Enhanced Value & Efficiency: Added value comes from paid-off solar panels, reducing utility costs, and low HOA dues for the comprehensive community offerings.

Cons

Multi-Level Living: The three-story design may not appeal to all buyers, particularly those with mobility concerns or a preference for single-level homes.
Limited Private Yard Space: While classified as a Single Family Residence, the emphasis on community amenities and a covered deck suggests potentially limited private outdoor yard space, which might be a drawback for some buyers.
Ambiguous View Information: The property description mentions 'beautiful sunset views' from the third-floor deck, yet the 'view' field in the data states 'None,' which could lead to inconsistent buyer expectations.

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