
Irvine, California 92618
This Stunning Luxury Residence is a Strong Value Opportunity, listed at $2,100,000—positioned well below the $2,170,226 Fair Market Value by 3%. This valuation gap offers $70,226 in Instant Equity for the buyer. Featuring a private elevator, Wolf and Sub-Zero appliances, and an Excellent Condition Rating, this home offers a turnkey lifestyle. Located in the prestigious Parasol Park, it is zoned for top-rated schools like Northwood High. This is an ideal acquisition for discerning professionals or luxury owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 Catalyst Subject | $2,100,000* List Price | 3 | 4 | 3,085 | $703 | - |
A 194 Carmine Sold | $1,816,855 | 4 | 5 | 2,522 | $720 | 0.2 mi |
B 689 Beacon Sold | $1,699,990 | 4 | 3 | 2,323 | $732 | 0.2 mi |
C 109 Great Park Boulevard Sold | $1,820,000 | 5 | 4 | 2,734 | $666 | 0.9 mi |
D 673 Beacon Sold | $1,699,990 | 4 | 3 | 2,323 | $732 | 0.3 mi |
E 312 Terrapin Sold | $1,776,730 | 4 | 3 | 2,450 | $725 | 0.3 mi |
F 158 Carmine Sold | $1,824,990 | 4 | 3 | 2,450 | $745 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and in mint condition. It features a high-end chef's kitchen with Wolf and Sub-Zero appliances, modern luxury bathrooms with a custom wet room, and advanced systems including a private elevator, fully paid solar, and integrated smart home technology.
Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
The residence features high-end finishes including a private elevator serving all three levels, a fully paid solar system, and a chef's kitchen equipped with professional-grade Wolf and Sub-Zero appliances.
Extensive tech integration including Alexa smart home systems, Ruckus WiFi, hardwired Ethernet throughout, and a whole-house water filtration system provides a modern, turnkey living experience.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2000, living area = 3085.
The three-story layout separates the main living areas from the ground-floor lounge and bedrooms, which may be less desirable for buyers seeking a more traditional or accessible floor plan.
With a lot size of approximately 2,000 square feet, the private outdoor space is relatively compact for a luxury detached home at this price point.
Welcome to 116 Catalyst, an exceptional Residence 3 Obsidian Model located in the highly sought-after Parasol Park community within Irvine's Great Park Neighborhoods. This detached luxury residence offers approximately 3,085 square feet of living space with 3 bedrooms, 2 full bathrooms, 2 half bathrooms, a private backyard, two balconies, a private elevator serving all three levels, a fully paid solar system, a 2-car garage, and an additional dedicated parking space with an EV Charger. Enjoy the highly desirable Irvine lifestyle with award-winning Irvine Unified schools, resort-style amenities, parks, trails, shopping, dining, and convenient access to major employment centers, freeways, and Orange County beaches.The first floor features an expansive lounge and game room with a custom wet bar, GE Nugget Ice refrigerator, wine storage, powder room, walk-in closet, and sliding glass doors leading to a beautifully landscaped backyard complete with a custom slate and tile waterfall, illuminated pavers, mature landscaping, and irrigation system.The second floor includes two secondary bedrooms, a full bathroom, laundry room, and a spacious primary suite with a private balcony, dual walk-in closets, and a luxurious bath featuring dual vanities, bidet, and a custom wet room shower with dual shower heads and built-in seating. The entire third floor is dedicated to the main living and entertaining areas. The chef's kitchen features white shaker cabinetry, quartz countertops, illuminated display cabinets, breakfast bar, slate tile backsplash, pendant lighting, and premium Wolf and Sub-Zero appliances including a 6-burner range with griddle, double convection ovens, pot filler, wine refrigerator, and built-in refrigerator. The kitchen opens to the dining and living areas, which flow seamlessly through an oversized sliding door to a large balcony, creating the ideal indoor-outdoor living experience.Additional upgrades include Alexa smart home integration, smart switches, Ecobee thermostats, Ruckus WiFi system, hardwired Ethernet throughout, whole-house water filtration and softener systems, security system, hardwood flooring, custom tile, Berber carpet, designer paint, upgraded baseboards, ceiling fans, epoxy garage flooring, workbench, and overhead storage.Residents enjoy access to Parasol Park's exceptional amenities including resort-style pools, lap pools, spas, outdoor kitchens, barbecue areas, playgrounds, sports courts, parks, greenbelts, gathering spaces, and miles of walking and biking trails throughout the Great Park Neighborhoods.A rare opportunity to own a highly upgraded home featuring a private elevator, fully paid solar, luxury finishes, advanced smart home technology, outstanding community amenities, and one of Irvine's most sought-after locations.
No exterior & parking available.
Grades K-6 • 1.7 mi
Grades K-6 • 3.5 mi
Grades K-6 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 20% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,085 | 2,912 | 65% |
| Lot Size | 2,000 | 5,052 | 3% |
| Price | $2.10M | $2.27M | 45% |
| Price per sq ft | $681 | $804 | 15% |
| Built year | 2018 | 2019 | 50% |
| HOA | $240.0 | $240 | 50% |
| Days on market | 14 | 181 | 3% |
Jun 4, 2026
$2,100,000
Initial Listing
Mar 11, 2022
$1,650,000
Public Record