
Irvine, California 92618
This Luxury Portola Springs Residence is a Prime Investment Opportunity, listed at $2,398,000—positioned well below the $2,503,880 Fair Market Value by 4%. This valuation gap offers $105,880 in Instant Equity for a property in Excellent Condition. Featuring a south-facing backyard backing to a lush greenbelt, a modern open-concept design, and access to 9/10 rated schools within the Irvine Unified School District, this home balances financial upside with a premium lifestyle. It is an ideal acquisition for growing families or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 122 Catalonia Subject | $2,398,000* List Price | 4 | 4 | 3,218 | $778 | - |
A 218 Geyser Sold | $2,310,000 | 4 | 5 | 2,967 | $779 | 0.8 mi |
B 120 Tomato Springs Sold | $2,200,000 | 4 | 4 | 3,218 | $684 | 0.1 mi |
C 113 Wanderer Active | $2,460,000 List Price | 4 | 5 | 3,122 | $788 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2014 (12 years old), the property qualifies as excellent due to recent high-end refreshments including brand-new wood flooring and a new built-in refrigerator. The kitchen and bathrooms feature modern finishes, and the home is in mint, move-in ready condition with no deferred maintenance.
Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
The property features a south-facing backyard that backs directly to a lush greenbelt and walking trail with no rear neighbors, providing exceptional privacy and abundant natural light throughout the day.
With a dramatic two-story foyer, a wrought-iron spiral staircase, and a seamless indoor-outdoor flow via a full wall of sliding glass doors, the home offers a sophisticated and contemporary living space.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3746, living area = 3218.
The lot size of 3,746 square feet is relatively small for a residence exceeding 3,200 square feet, which may limit outdoor recreational options for some buyers.
Despite its premium positioning and price point, the property is listed as having no specific scenic views, which may be a drawback compared to other luxury listings in the area.
Welcome to 122 Catalonia, a beautifully upgraded 4-bedroom residence with a versatile loft, perfectly positioned in Irvine's sought-after Portola Springs community. Step through the front door into a dramatic two-story foyer featuring a stunning wrought-iron spiral staircase that sets the tone for the entire home. The fully open-concept main level flows seamlessly without walls or partitions, anchored by a full wall of sliding glass doors that dissolve the boundary between indoor and outdoor living. The private south-facing backyard backs directly to the community's lush greenbelt and walking trail — elevated with no rear neighbors, offering exceptional privacy and all-day natural light. Inside, the bright south-facing primary suite enjoys the same premium sun exposure. Recent upgrades include brand-new wood flooring and a new built-in refrigerator. Just steps from the community park and tennis courts, this home also benefits from Portola Springs' notably lower tax rate and HOA structure (buyer to verify). A rare combination of privacy, light, and lifestyle — move-in ready and thoughtfully refreshed.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.5 mi
Grades 7-8 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,218 | 2,937 | 66% |
| Lot Size | 3,746 | 4,800 | 35% |
| Price | $2.40M | $2.30M | 56% |
| Price per sq ft | $745 | $809 | 31% |
| Built year | 2014 | 2019 | 20% |
| HOA | $167.0 | $260 | 3% |
| Days on market | 4 | 212 | 1% |
Apr 18, 2026
$2,398,000
Initial Listing
Dec 28, 2017
$1,280,000
Public Record