116 Wanderer, Irvine, California 92618, Irvine, 92618 - 4 bed, 5 bath

116 Wanderer, Irvine, California 92618 home-pic-0
ACTIVE$2,785,000
116 Wanderer, Irvine, California 92618
4Beds
5Baths
3,122Sqft
3,685Lot

Price Vs. Estimate

The estimated value ($2,472,978.74) is $312,021.26 (11%) lower than the list price ($2,785,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Irvine Location & Community Amenities: Located in the highly desirable Portola Springs community within the top-rated Irvine Unified School District, offering access to extensive amenities including multiple parks, pools, trails, basketball courts, and proximity to hiking trails, shopping, entertainment, and the Great Park.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3685, living area = 3122.

Compared to the nearby listings

Price:$2.79M vs avg $2.30M (+$485,500)71%
Size:3,122 sqft vs avg 2,781 sqft69%
Price/sqft:$892 vs avg $84065%

More Insights

Built in 2015 (10 years old).
Condition: Built in 2015, this property is relatively new and presents as virtually new. The description highlights a 'highly customized' home with a 'world-class kitchen' featuring stainless steel appliances, a 6-burner stove, and a separate griddle. Images confirm high-end, modern finishes throughout, including quartz countertops, contemporary cabinetry, and stylish light fixtures in the kitchen. Bathrooms are luxurious with modern vanities, large format tiling, glass-enclosed showers, and a freestanding tub in the master. Flooring is a mix of modern dark tile and clean, patterned carpet. There are no visible signs of wear, tear, or deferred maintenance, meeting current quality standards.
Year Built
2015
Close
-
List price
$2.79M
Original List price
$2.79M
Price/Sqft
$892
HOA
$183
Days on market
-
Sold On
-
MLS number
OC25062083
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to your new private oasis in Portola Springs! This highly customized home features an attached downstairs bedroom with private en-suite bathroom. The oversized living room leads into the open kitchen and private dining area. World-class kitchen with stainless steel appliances, 6 burner stove, and separate griddle. The upstairs leads into a second living area perfect for entertainment and three additional bedrooms. The spacious master has a massive walk-in closet, bathtub, his and her sinks, and shower. The yard is designed to perfection with Japanese inspired finishes and lush landscaping, perfect for enjoying private gatherings and BBQs. The community is adjacent to hiking trails, proximate to world class shopping and entertainment options, the Great Park. Within the community are multiple parks, pools, trails, basketball courts, and much more! Come see this home today

Condition Rating
Excellent

Built in 2015, this property is relatively new and presents as virtually new. The description highlights a 'highly customized' home with a 'world-class kitchen' featuring stainless steel appliances, a 6-burner stove, and a separate griddle. Images confirm high-end, modern finishes throughout, including quartz countertops, contemporary cabinetry, and stylish light fixtures in the kitchen. Bathrooms are luxurious with modern vanities, large format tiling, glass-enclosed showers, and a freestanding tub in the master. Flooring is a mix of modern dark tile and clean, patterned carpet. There are no visible signs of wear, tear, or deferred maintenance, meeting current quality standards.
Pros & Cons

Pros

Prime Irvine Location & Community Amenities: Located in the highly desirable Portola Springs community within the top-rated Irvine Unified School District, offering access to extensive amenities including multiple parks, pools, trails, basketball courts, and proximity to hiking trails, shopping, entertainment, and the Great Park.
Highly Customized & World-Class Kitchen: This 'highly customized' home features a 'world-class kitchen' equipped with stainless steel appliances, a 6-burner stove, and a separate griddle, indicating significant upgrades and a premium culinary experience.
Versatile Floor Plan with Downstairs Suite: The property boasts an attached downstairs bedroom with a private en-suite bathroom, ideal for guests or multi-generational living, complemented by an upstairs second living area perfect for entertainment.
Luxurious Master Suite: The spacious master bedroom includes a massive walk-in closet, a bathtub, his and her sinks, and a separate shower, providing a private and opulent retreat.
Exquisitely Designed Outdoor Space: The yard is meticulously designed with Japanese-inspired finishes and lush landscaping, creating a private oasis perfect for gatherings and barbecues.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3685, living area = 3122.
Premium Pricing Relative to Market Estimates: The current listing price is 11% above the property's estimated value, which may impact market competitiveness and buyer perception of value.
Absence of Explicit Cooling System Mention: Despite being a modern, highly customized home in a warm climate, the description does not explicitly mention the presence of a central air conditioning or cooling system, which is a standard expectation for properties of this caliber.
Modest Lot Size for Price Point: While well-designed, the lot size of 3,685 sqft is relatively standard and may be considered modest by buyers seeking more expansive outdoor space for a property at this price level.

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