120 Tomato Springs, Irvine, California 92618, Irvine, 92618 - 4 bed, 4 bath
120 Tomato Springs
Irvine, California 92618
Property Price
SUMMARY
Analysis of 120 Tomato Springs, Irvine, California 92618 reveals a Prime Investment Opportunity with a current list price of $2,390,000—significantly undercutting the $2,562,620 Fair Market Value by 6%. This valuation gap indicates a +$172,620 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 120 Tomato Springs Subject | $2,390,000* List Price | 4 | 4 | 3,218 | $796 | - |
A 103 Sabiosa Sold | $2,300,000 | 5 | 4 | 2,937 | $783 | 0.9 mi |
B 102 Catalonia Sold | $2,270,000 | 4 | 3 | 3,098 | $733 | 0.1 mi |
C 117 Laceflower Active | $2,300,000 List Price | 4 | 3 | 2,776 | $829 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property is in exceptional condition, featuring nearly $300,000 in premium upgrades that elevate it to current luxury standards. The interior boasts high-end marble and hardwood flooring, a gourmet chef's kitchen with built-in stainless steel appliances, a wine cooler, and granite countertops. With modern energy-efficient features like a tankless water heater and plantation shutters, plus a highly desirable open floor plan, the home shows virtually no physical depreciation and reflects a standard of quality consistent with a recently renovated or newly built luxury residence.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
- Premium Upgrades
The residence features nearly $300,000 in high-end improvements, including marble and hardwood flooring, a gourmet chef’s kitchen with a wine cooler, and designer finishes throughout.
- Prime Location & Schools
Ideally situated in the Irvine Unified School District, the home is walking distance to Portola Springs Elementary and offers easy access to premier shopping at Irvine Spectrum and Fashion Island.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
With a lot size of approximately 5,097 square feet, the outdoor space is relatively limited compared to the substantial 3,218 square foot interior living area.
- Premium Pricing
The listing price reflects a significant premium for the extensive upgrades, which may position the property at the higher end of the market for the Portola Springs subdivision.
About 120 Tomato Springs
Welcome to this beautifully upgraded home in the highly sought-after Village of Portola Springs, Irvine. Built by Taylor Morrison, this residence features one of the most popular open floor plans with a bright and airy living space. Nearly $300,000 in premium upgrades include marble flooring on the first level, hardwood flooring upstairs, and a gourmet chef’s kitchen with stainless steel appliances, built-in refrigerator, wine cooler, designer backsplash, and granite counters. The main level offers a private secondary suite. Upstairs, a spacious loft with custom work station complements the 2nd and 3rd bedrooms with a Jack & Jill bath. The luxurious primary suite showcases dual vanities, separate soaking tub, and walk-in shower. Energy-efficient highlights include plantation shutters and a tankless water heater. Ideally located within the Irvine School District, this home is walking distance to Portola Springs Elementary, neighborhood parks, pools, and tennis courts. Convenient access to Irvine Spectrum, Fashion Island, and South Coast Plaza for shopping and dining
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2013
- Lot Size
- 5,097 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $183.0 / Month
Neighborhood Insights
Irvine Unified Schools
Portola Springs Elementary
Grades K-6 • 0.4 mi
Stonegate Elementary School
Grades K-6 • 1.5 mi
Jeffrey Trail Middle
Grades 7-8 • 3.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,218 | 2,708 | 69% |
| Lot Size | 5,097 | 4,675.5 | 59% |
| Price | $2.39M | $2.25M | 60% |
| Price per sq ft | $743 | $802 | 31% |
| Built year | 2013 | 2020 | 14% |
| HOA | $183.0 | $248 | 14% |
| Days on market | 16 | 206 | 1% |
Pricing History
Listed for Sale
Feb 19, 2026
$2,390,000
Initial Listing
Sold
Dec 23, 2013
$1,293,000
Public Record