114 Falcon Ridge, Irvine, California 92618, Irvine, 92618 - 4 bed, 4 bath
114 Falcon Ridge
Irvine, California 92618
Property Price
SUMMARY
Analysis of 114 Falcon Ridge, Irvine, California 92618 is currently available with a list price of $1,788,880. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and meets the highest quality standards. It features a modern open-concept design with 19-foot ceilings, a gourmet kitchen with high-end appliances, and contemporary finishes throughout, showing no signs of physical depreciation or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Architectural Design
Built in 2019, this home features impressive 19-foot ceilings and a contemporary open-concept layout that maximizes natural light and creates a grand, spacious atmosphere.
- Versatile Floor Plan
The inclusion of a main-floor bedroom with an en-suite bathroom offers excellent flexibility for multi-generational living, guests, or a private home office.
- Premier Location
Situated in the highly desirable Portola Springs foothills within the top-rated Irvine Unified School District, ensuring strong long-term property value and access to elite amenities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1940, other record living area = 1999.
- Premium Price Point
At nearly $1.79M for 1,940 square feet, the price per square foot is significantly high for a condominium, which may challenge buyers looking for more interior volume.
- Lack of Scenic Views
Despite its location in the foothills, the property lacks the panoramic views often sought after by luxury buyers in this specific neighborhood.
About 114 Falcon Ridge
Located in the foothills of Portola Springs, one of the most desirable area of Orange County. This highly upgraded home offers 4 bedrooms 3.5 bathrooms with one bedroom downstairs. with an upstair loft area overlooking the downstairs living room. This modern open concept home features 19ft ceiling with gourmet kitchen connect to dining area and living room. Main floor bedroom includes an en-suite bath that is perfect for guests and parents. Step upstairs, you will find three bedrooms 2 bath including master suite and the loft area overlooking the downstairs living room.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2019
- Lot Size
- 3,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $117.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 4.0 | 3.0 | 71% |
| Square foot | 1,940 | 2,035 | 44% |
| Lot Size | 3,000 | 1,620 | 55% |
| Price | $1.79M | $1.38M | 83% |
| Price per sq ft | $922 | $700 | 96% |
| Built year | 2019 | 2021 | 45% |
| HOA | $117.0 | $240 | 3% |
| Days on market | 24 | 187 | 1% |
Pricing History
Listed for Sale
Feb 11, 2026
$1,788,880
Initial Listing
Sold
May 28, 2021
$1,024,000
Public Record