116 Montero, Irvine, California 92618, Irvine, 92618 - 4 bed, 3 bath
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116 Montero
Irvine, California 92618
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,189Sq Ft
5,267Lot Size
Property Price
LIST PRICE$2,128,000
EST. MARKET VALUE
$1,940,566
9% AboveMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is listed at $2,250,000, reflecting a premium valuation above its $2,008,414 Fair Market Value. Built in 2021, the property maintains an Excellent Condition Rating, featuring a high-end kitchen with a waterfall island and modern, turn-key finishes. Situated within the prestigious Irvine Unified School District, this residence offers a functional 4-bedroom layout and a private patio for outdoor living. While priced at a premium, the home provides long-term stability and lifestyle luxury, making it an ideal acquisition for growing families or discerning owner-occupants.
Estimated Market Value
$1,940,566
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 Montero Subject | $2,128,000* List Price | 4 | 3 | 2,189 | $887 | - |
A 124 Montero Sold | $2,175,000 | 4 | 3 | 2,531 | $859 | 0.1 mi |
B 140 San Benito Sold | $1,800,000 | 3 | 3 | 1,890 | $952 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2021, this property is well within the 10-year age bracket for an excellent rating. The interior features mint-condition modern finishes, including a high-end kitchen with a waterfall island, contemporary bathrooms with quartz countertops, and updated systems, requiring no maintenance or repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Modern 2021 Construction
As a 2021 build, the property offers contemporary architecture, energy-efficient systems, and turn-key interiors that meet the demands of modern luxury buyers.
- Premier School District
Located within the highly acclaimed Irvine Unified School District, this home provides access to top-tier educational facilities, ensuring strong long-term property value.
- Functional Family Layout
The 4-bedroom, 3-bathroom open-concept floor plan is highly sought after, providing a versatile and light-filled environment suitable for both daily living and entertaining.
CONSRISKS & DEFICIENCIES
- High Price-Per-Square-Foot
With a list price of $2.25M for 2,189 square feet, the property sits at a premium price point that may challenge appraisal values compared to recent neighborhood sales.
- Lack of Scenic Views
The listing indicates no specific views, which can be a competitive disadvantage in a luxury market where buyers often prioritize aesthetic outlooks or privacy.
About 116 Montero
Welcome to 116 Montero, a beautifully designed residence in the coveted Barcelona community of Irvine. Offering approximately 2,189 square feet with 4 bedrooms and 3 bathrooms, this home features a spacious and functional floor plan ideal for modern living and entertaining. The open-concept layout is enhanced by abundant natural light, creating a bright and inviting atmosphere throughout the main living spaces. Thoughtful details and a well-balanced design make this home feel both comfortable and refined. Located in one of Irvine’s most desirable neighborhoods, Barcelona offers convenient access to shopping, dining, parks, major freeways, and top local amenities. 116 Montero presents a rare opportunity to enjoy elevated Irvine living in a highly sought-after community.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2021
- Lot Size
- 5,267 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $360.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,189 | 1,652.392 |
| Lot Size | 5,267 | 42,663.332 |
| Price | $2.13M | $1.21M |
| Price per sq ft | $972 | $746 |
| Built year | 2021 | 2010 |
| HOA | $360.0 | $278 |
| Days on market | 44 | 57 |
Pricing History
Listed for Sale
Aug 26, 2026
$2,128,000
$2,199,000
-3% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$2,199,000
$2,250,000
-2% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$2,250,000
Initial Listing
Sold
Oct 1, 2021
$1,513,500
Public Record