117 Silverado, Irvine, California 92618, Irvine, 92618 - 3 bed, 3 bath
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Irvine, California 92618
This Turnkey Portola Springs Townhome is a Prime Investment Opportunity listed at $1,199,888—positioned well below the $1,234,881 Fair Market Value by 2%. This valuation gap provides $34,993 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the residence features a gourmet kitchen with granite countertops and a versatile ground-floor en-suite bedroom. Situated within the elite Irvine Unified School District with access to 9/10 rated schools including Northwood High, this property offers a high-quality lifestyle. It is a perfect match for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 117 Silverado Subject | $1,199,888* List Price | 3 | 3 | 1,666 | $741 | - |
A 228 Borrego Sold | $1,100,000 | 3 | 3 | 1,652 | $666 | 0.2 mi |
B 35 Cienega Sold | $910,000 | 2 | 2 | 1,213 | $750 | 0.0 mi |
C 103 Plateau Active | $1,299,000 List Price | 3 | 3 | 2,038 | $637 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2011, this property falls within the 10-20 year age range for a 'good' rating. It is move-in ready with a well-maintained gourmet kitchen featuring granite countertops and stainless steel appliances. The interior shows minimal wear with clean wood flooring, plush carpeting, and functional, modern bathrooms. All major systems appear to be within their expected lifespan and the home requires no immediate renovations.
Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
The three-story floor plan includes a ground-floor bedroom with an en-suite bath, offering ideal privacy for a guest suite, home office, or multi-generational living arrangement.
Situated in the highly desirable Portola Springs community, the property provides access to top-rated Irvine Unified schools, including Portola Springs Elementary and Northwood High.
The three-story configuration requires frequent stair usage to transition between the garage, main living area, and primary suite, which may not suit all lifestyles.
The two-car garage is accessed via a rear alley, which lacks the traditional curb appeal of a front-facing driveway and can feel more confined during vehicle maneuvers.
Wonderful opportunity to own a spacious townhome in the highly sought-after Portola Springs community, within the prestigious San Carlos tract. This thoughtfully designed three-story floor plan offers three bedrooms and three full bathrooms, including a convenient ground-floor bedroom with an en-suite bath—perfect for added privacy and easy access, ideal for a guest suite, home office, gym, or private retreat separate from the main living areas.The main living level showcases an open and airy layout with a gourmet kitchen featuring granite countertops, a full granite backsplash, stainless steel appliances, and a large center island with bar seating. The spacious living room is filled with natural light, includes built-in entertainment cabinetry, and opens to a dedicated dining area. This level is finished with wood flooring, plush carpeting, and an additional well-sized bedroom with a full bathroom. Upstairs, the primary suite offers a well-appointed bathroom with dual sinks, a tub and shower, and a walk-in closet with ample storage. The oversized two-car garage is perfect for the toys with easy alley access. Ideally situated near local parks, award-winning schools, shopping, and a variety of recreational amenities, this home provides the perfect blend of comfort and convenience. Don’t miss this opportunity—this one won’t last!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.5 mi
Grades 7-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,666 | 1,718 | 48% |
| Lot Size | 15,019 | 14,544 | 52% |
| Price | $1.20M | $1.25M | 43% |
| Price per sq ft | $720 | $683 | 52% |
| Built year | 2011 | 2018 | 30% |
| HOA | $183.0 | $239 | 22% |
| Days on market | 35 | 188 | 4% |
Mar 25, 2026
$1,199,888
$1,250,000
-4% Price Drop
Initial Listing
Mar 18, 2026
$1,250,000
Initial Listing
May 2, 2018
$675,000
Public Record
Oct 31, 2011
$425,000
Public Record