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118 Sunnybank Boulevard, Irvine, California 92618, Irvine, 92618 - 4 bed, 4 bath

118 Sunnybank Boulevard, Irvine, California 92618 home-pic-0
ACTIVE$3,188,000
118 Sunnybank Boulevard, Irvine, California 92618
4Beds
4Baths
2,787Sqft
4,304Lot

Price Vs. Estimate

The estimated value ($2,761,166.04) is $426,833.96 (13%) lower than the list price ($3,188,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction: Built in 2024, this home offers modern design, new systems, and minimal immediate maintenance, providing a turn-key experience for buyers.
Top Cons:
Potential Overpricing: The current list price of $3.188M is significantly higher than the property's estimated value of $2.761M (a 13% difference), suggesting it may be above market value.

Compared to the nearby listings

Price:$3.19M vs avg $2.30M (+$888,500)83%
Size:2,787 sqft vs avg 2,775.5 sqft50%
Price/sqft:$1.1K vs avg $84099%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new. The listing highlights a 'brand-new Wolf appliance package with a built-in Sub-Zero refrigerator' in the kitchen, and images confirm modern, high-end finishes throughout, including white shaker cabinets, quartz countertops, and sleek tile flooring. Bathrooms also appear new with contemporary fixtures and vanities. All components are new, meeting current quality standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$3.19M
Original List price
$3.39M
Price/Sqft
$1,144
HOA
$183
Days on market
-
Sold On
-
MLS number
OC25061090
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon
Deck
ViewCity Lights,Canyon

About this home

This brand-new 4-bedroom, 4-bathroom, 2,800 sq. ft. single-family home in Irvine is situated in a spectacular location, offering breathtaking panoramic views of the entire city. Enjoy the dramatic city lights at night from the spacious enclosed private deck. The home features a 2-car garage with a driveway, fully paid-off solar panels, and a brand-new Wolf appliance package with a built-in Sub-Zero refrigerator. With excellent natural lighting and a thoughtfully designed, comfortable layout, this home provides the perfect balance of style and functionality. Located in the prestigious Irvine School District, it is zoned for the highly acclaimed Portola High School. This is truly a dream home—a must-see!

Condition Rating
Excellent
This property was built in 2024, making it brand new. The listing highlights a 'brand-new Wolf appliance package with a built-in Sub-Zero refrigerator' in the kitchen, and images confirm modern, high-end finishes throughout, including white shaker cabinets, quartz countertops, and sleek tile flooring. Bathrooms also appear new with contemporary fixtures and vanities. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New Construction: Built in 2024, this home offers modern design, new systems, and minimal immediate maintenance, providing a turn-key experience for buyers.
Panoramic City Views: The property boasts breathtaking panoramic views of the entire city, including dramatic city lights at night, enjoyed from a spacious enclosed private deck.
High-End Kitchen Appliances: The kitchen is equipped with a brand-new Wolf appliance package and a built-in Sub-Zero refrigerator, indicating luxury and quality finishes.
Fully Paid-Off Solar Panels: The inclusion of fully paid-off solar panels provides significant long-term energy cost savings and environmental benefits.
Top-Rated School District: Located within the prestigious Irvine School District and zoned for the highly acclaimed Portola High School, a major draw for families.

Cons

Potential Overpricing: The current list price of $3.188M is significantly higher than the property's estimated value of $2.761M (a 13% difference), suggesting it may be above market value.
Ongoing Association Fees: A monthly association fee of $183.0 adds to the recurring cost of homeownership, which buyers must factor into their budget.
Modest Lot Size: With a lot size of 4304 sq. ft., the property offers relatively modest outdoor space for a single-family home in this price range, potentially limiting extensive yard amenities.

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