118 Abacus, Irvine, California 92618, Irvine, 92618 - 3 bed, 4 bath

118 Abacus, Irvine, California 92618 home-pic-0
ACTIVE$1,435,000
118 Abacus, Irvine, California 92618
3Beds
4Baths
2,031Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Brand New Construction: Built in 2024, never lived in, and comes with a builder's home warranty, ensuring modern features and peace of mind for the new owner.
Top Cons:
Condominium Structure: As a condominium, it entails shared walls and common area responsibilities, which may not suit buyers seeking detached single-family homes.

Compared to the nearby listings

Price:$1.44M vs avg $1.38M (+$55,010)54%
Size:2,031 sqft vs avg 2,015 sqft52%
Price/sqft:$707 vs avg $69852%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024 and is explicitly stated as 'never lived in,' making it a brand-new construction. All components, including the gourmet kitchen with modern appliances and fantastic sliding drawers, and the tiled bathrooms, are new and meet current quality standards. The presence of a builder's home warranty further confirms its pristine condition, aligning perfectly with the 'excellent' criteria for a newly built property with no deferred maintenance.
Year Built
2024
Close
-
List price
$1.44M
Original List price
$1.56M
Price/Sqft
$707
HOA
$235
Days on market
-
Sold On
-
MLS number
OC25089050
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s), Neighborhood
ViewCity Lights,Mountain(s),Neighborhood

About this home

Absolutely Incredible Condo! Welcome to your dream home in the heart of Irvine’s vibrant Great Park community! This contemporary 3-bedroom, 3.5-bathroom condo offers 2,031 sq ft of thoughtfully designed living space, perfectly blending style, comfort, and convenience. On the first floor? A quiet, cozy bedroom with a walk-in closet and private bath — perfect for guests, muti-generational living. The second floor is pure luxury. Bright, open-concept living room, big sliding doors to your covered balcony (tremendous light). You’ve got a gourmet kitchen — modern appliances, fantastic sliding drawers, and a great dining space for entertaining. On the third floor, it has a beautiful master suite, with a third bedroom and laundry area. Convenient. Everything’s where it should be — very efficient, very smart design. Additional highlights include: Two private balconies with serene neighborhood views 2-car attached garage with direct access Carpeted bedrooms & tiled bathrooms Access to resort-style amenities: pools, clubhouses, parks, and playgrounds. Minutes from TOP SCHOOLS (Portola High!), Spectrum Center, South Coast Plaza, and the BEACH! Beautiful, SAFE, PERFECT for families. This one’s a WINNER. Don’t miss it!! The property is still under the builder's Home warranty and never lived in.

Condition Rating
Excellent

This property was built in 2024 and is explicitly stated as 'never lived in,' making it a brand-new construction. All components, including the gourmet kitchen with modern appliances and fantastic sliding drawers, and the tiled bathrooms, are new and meet current quality standards. The presence of a builder's home warranty further confirms its pristine condition, aligning perfectly with the 'excellent' criteria for a newly built property with no deferred maintenance.
Pros & Cons

Pros

Brand New Construction: Built in 2024, never lived in, and comes with a builder's home warranty, ensuring modern features and peace of mind for the new owner.
Premier Irvine Location: Situated in the highly sought-after Great Park community, offering a safe environment, access to top-rated Irvine Unified schools (including Portola High), and proximity to major amenities.
Extensive Community Amenities: Residents benefit from resort-style amenities including pools, clubhouses, parks, and playgrounds, enhancing lifestyle and property value.
Modern & Flexible Floor Plan: Features a contemporary 3-bedroom, 3.5-bathroom layout with an open-concept living area, gourmet kitchen, and a versatile first-floor bedroom ideal for guests or multi-generational living.
Desirable Views & Outdoor Living: Includes two private balconies offering serene neighborhood, city lights, and mountain views, providing appealing outdoor spaces.

Cons

Condominium Structure: As a condominium, it entails shared walls and common area responsibilities, which may not suit buyers seeking detached single-family homes.
Monthly Association Fees: An ongoing monthly association fee of $235 adds to the cost of ownership, which potential buyers must factor into their budget.
Initial Price Adjustment: The property's current list price is lower than its original list price, potentially indicating an initial overestimation of market value or a longer time on market.

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