120 Yugen, Irvine, California 92618, Irvine, 92618 - 4 bed, 4 bath

120 Yugen, Irvine, California 92618 home-pic-0
ACTIVE$2,090,000
120 Yugen, Irvine, California 92618
4Beds
4Baths
2,800Sqft
3,000Lot

Price Vs. Estimate

The estimated value ($2,036,465.93) is $53,534.07 (2%) lower than the list price ($2,090,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in October 2023, this property offers contemporary aesthetics, exquisite decoration, and modern amenities, ensuring a move-in ready experience with minimal immediate maintenance.
Top Cons:
High Monthly Association Fees: The property incurs a monthly association fee of $240, which adds a significant recurring cost to homeownership.

Compared to the nearby listings

Price:$2.09M vs avg $2.28M ($-194,500)38%
Size:2,800 sqft vs avg 2,781 sqft51%
Price/sqft:$746 vs avg $83524%

More Insights

Built in 2023 (2 years old).
Condition: This property was built in October 2023, making it virtually brand new. The description highlights extensive upgrades including flooring, lighting, and a solar system. Images confirm a modern aesthetic with a pristine kitchen featuring white shaker cabinets, quartz countertops, and stainless steel appliances, along with contemporary bathrooms. All components are new, meeting current quality standards with no signs of wear or deferred maintenance.
Year Built
2023
Close
-
List price
$2.09M
Original List price
$2.19M
Price/Sqft
$746
HOA
$240
Days on market
-
Sold On
-
MLS number
WS25122966
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Neighborhood
Patio
ViewPark/Greenbelt, Neighborhood

About this home

Welcome to this 4 bedrooms, 3.5 bathrooms, modern and comfortable house with luxurious yard and exquisite decoration in Irvine Unified School District. This house built in October, 2023 is located in the Solis Park of highly sought-after Irvine Great Park community, 5 minutes walk to the excellent K-8 Solis Park school, and 8 minutes walk to the newly built Irvine 10-point high school "Portola High School". The house has 4 bedrooms, 3.5 bathrooms, 3 balconies, and a spacious loft on the second floor with modern decoration. This is also the most popular plan in the community. This beautiful house has many upgrades, including flooring, curtains, lighting, clean filtered drinking water system, solar system, etc. In addition, there is a perfect Mini-Golf Court, exquisite modern landscape fish pond, colorful light waterfall. Live here and enjoy the charm of the resort-style community of Irvine Great Park. It is about 4 miles from Irvine Spectrum Shopping Center, about 12 miles to University of California, Irvine, Famous South Coast Plaza, and about 14 miles from Laguna Beach. Choose the resort-like community in the great park in Irvine. DON'T MISS IT! MUST SEE!

Condition Rating
Excellent

This property was built in October 2023, making it virtually brand new. The description highlights extensive upgrades including flooring, lighting, and a solar system. Images confirm a modern aesthetic with a pristine kitchen featuring white shaker cabinets, quartz countertops, and stainless steel appliances, along with contemporary bathrooms. All components are new, meeting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in October 2023, this property offers contemporary aesthetics, exquisite decoration, and modern amenities, ensuring a move-in ready experience with minimal immediate maintenance.
Exceptional School District & Walkability: Located within the highly-rated Irvine Unified School District, with excellent K-8 and 10-point high schools (Solis Park and Portola High) within a 5-8 minute walk, making it highly desirable for families.
Premium Upgrades & Unique Amenities: Features extensive interior upgrades including flooring, solar system, and water filtration, complemented by unique outdoor amenities like a mini-golf court and landscaped fish pond, enhancing luxury and lifestyle.
Desirable Community & Lifestyle: Situated in the highly sought-after, resort-style Irvine Great Park community, offering a vibrant and amenity-rich living environment with convenient access to shopping and entertainment.
Spacious and Functional Layout: Boasts a popular floor plan with 4 bedrooms, 3.5 bathrooms, 3 balconies, and a spacious loft, providing ample living space and versatility for various family needs.

Cons

High Monthly Association Fees: The property incurs a monthly association fee of $240, which adds a significant recurring cost to homeownership.
Relatively Small Lot Size: With a lot size of 3,000 sqft, the outdoor space is modest for a single-family residence, potentially limiting extensive private outdoor activities or future expansion.
Recent Price Reduction: The property has undergone a $100,000 price reduction from its original listing, which could indicate initial overpricing or a slower market response at the higher price point.

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