
Irvine, California 92618
This Stunning Luxury Residence is a Strong Value Opportunity, listed at $2,080,000—positioned well below the $2,100,000 Fair Market Value by 0.95%. This valuation gap offers $20,000 in Instant Equity. Featuring an Excellent Condition Rating, this home includes a private elevator, fully paid solar, and a chef's kitchen with Wolf and Sub-Zero appliances. Located in the Great Park Neighborhoods near top-rated schools like Portola Springs Elementary, this property is ideal for discerning professionals or growing families seeking a turnkey, high-tech lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 Catalyst Subject | $1,995,000* List Price | 3 | 4 | 3,085 | $677 | - |
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 673 Beacon Sold | $1,699,990 | 4 | 3 | 2,323 | $732 | 0.3 mi |
D 109 Great Park Boulevard Sold | $1,820,000 | 5 | 4 | 2,734 | $666 | 0.9 mi |
E 231 Mantle Active | $1,698,000 List Price | 3 | 3 | 2,313 | $734 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well within the <10-year age bracket for an excellent rating. The home features high-end luxury finishes including a chef's kitchen with Wolf and Sub-Zero appliances, quartz countertops, and a primary suite with a custom wet room shower. Systems are state-of-the-art, featuring a private elevator, fully paid solar, whole-house water filtration, and comprehensive smart home integration, all in mint condition.
Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
The residence is outfitted with high-end features 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.
The property offers a sophisticated tech infrastructure with Alexa integration, Ruckus WiFi system, hardwired Ethernet throughout, and a whole-house water filtration and softener system.
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 may be a deterrent for buyers who prefer traditional single-level living or a more connected floor plan, despite the inclusion of a private elevator.
With only three bedrooms provided across over 3,000 square feet of living space, the home may lack the functional capacity required by larger families typically shopping in this price segment.
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 |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,085 | 2,517 |
| Lot Size | 2,000 | 4,991 |
| Price | $2.00M | $2.12M |
| Price per sq ft | $647 | $868 |
| Built year | 2018 | 1999 |
| HOA | $240.0 | $193 |
| Days on market | 97 | 53 |
Aug 1, 2026
$1,995,000
$2,080,000
-4% Price Drop
Initial Listing
Jun 23, 2026
$2,080,000
$2,100,000
-1% Price Drop
Initial Listing
Jun 4, 2026
$2,100,000
Initial Listing
Mar 11, 2022
$1,650,000
Public Record