
Irvine, California 92618
This Stunning 2024 New Construction is listed at $3,750,000, reflecting a premium valuation relative to its $3,501,152 Fair Market Value. As a Turnkey Luxury Residence, the property features an Excellent Condition Rating with over $176,000 in high-end upgrades, including a Chef-Caliber Kitchen with Wolf and SubZero appliances. Situated in the prestigious Irvine Unified School District, this home offers a sophisticated lifestyle with Panoramic City Light and Ocean Views. It is the ideal sanctuary for discerning professionals or affluent families seeking a modern, move-in ready estate in Portola Springs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 123 Oakstone Subject 4 bd · 3 ba · 2,870 sqft · $1,220 | $3,750,000* List Price | 4 | 3 | 2,870 | $1,220 | - |
A 207 Mistwater Sold 4 bd · 3 ba · 2,870 sqft · $981 · 0.1 mi | $2,815,000 | 4 | 3 | 2,870 | $981 | 0.1 mi |
B 113 Oakstone Sold 4 bd · 5 ba · 3,220 sqft · $970 · 0.0 mi | $3,125,000 | 4 | 5 | 3,220 | $970 | 0.0 mi |
C 124 Sunnyslope Sold 4 bd · 5 ba · 3,343 sqft · $927 · 0.4 mi | $3,100,000 | 4 | 5 | 3,343 | $927 | 0.4 mi |
D 103 Oakstone Active 4 bd · 3 ba · 2,980 sqft · $1,198 · 0.0 mi | $3,569,990 List Price | 4 | 3 | 2,980 | $1,198 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2024 construction in mint condition. Features high-end chef's kitchen with Wolf and SubZero appliances, quartz countertops, and upgraded baths. Includes modern systems such as an owned solar array and wide-plank white-oak flooring.
Perched at the highest point in Portola Springs, this property offers rare and expansive hillside, city light, and ocean views that provide a significant competitive advantage in the Irvine market.
The home features over $176,000 in premium upgrades, including a chef-caliber kitchen with Wolf and SubZero appliances, white-oak wide-plank flooring, and an owned solar system, ensuring a turnkey luxury experience.
Located within the prestigious Irvine Unified School District, the property offers immediate proximity to top-ranked institutions like Portola High School and Loma Ridge Elementary, driving long-term value and demand.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3800, other record lot size in square feet = 3600. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2870, other record living area = 2937.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3800, living area = 2870.
At a list price of $3.75 million for 2,870 square feet, the property sits at a very high price-per-square-foot threshold, which may limit the pool of buyers compared to larger homes in the same price bracket.
Experience the allure and functionality of the Plan 1 home at Olivewood, offering breathtaking hillside and expansive west ward city light and ocean views and approximately 2,870 square feet of thoughtfully designed living space. Completed in 2024 with more than $176,000 in upgrades, the spacious two-story design hosts four bedrooms and three baths, including a versatile first-floor bedroom. Finished with on-trend white-oak wide-plank wood flooring, designer carpet, elegant lighting fixtures, high ceilings, upgraded baths, and an owned solar system, the impressive design is open and bright. Only the best high-end appointments are featured, including a wall of sliding glass doors that open the great room to the backyard, where captivating views are showcased both day and night. The open-concept arrangement flows seamlessly to a chef-caliber kitchen with a large island, quartz countertops with a full backsplash, Shaker cabinetry to the ceiling, a walk-in pantry, and a large island with seating. Top-tier stainless steel appliances include a Wolf six-burner range, Wolf microwave, and a built-in SubZero refrigerator. A handsome staircase leads to the second floor, where you will discover spacious secondary bedrooms, an open loft, and a large laundry room with a sink and a walk-in linen closet. Positioned at the back of the home to maximize views, the opulent primary suite hosts an oversized walk-in closet, separate vanities, a soaking tub, and a separate shower. An attached two-car garage enhances the convenience factor. Olivewood is perched at the highest point in Portola Springs. Built by New Home Co., the neighborhood places you within minutes of top-ranked Irvine schools, including Portola High School, Loma Ridge Elementary School, and Sierra Vista Middle School. Miles of scenic trails, pickle ball courts, pools, kids area and more than 15 family-friendly, amenity-rich parks are moments from home, and Newport Beach, Tustin, and South Orange County are within easy reach of Olivewood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,870 | 2,494.069 |
| Lot Size | 3,800 | 4,993.672 |
| Price | $3.75M | $2.07M |
| Price per sq ft | $1.3K | $867 |
| Built year | 2024 | 1999 |
| HOA | $180.0 | $195 |
| Days on market | 11 | 56 |
Oct 14, 2026
$3,750,000
Initial Listing
May 22, 2024
$3,626,500
Public Record
Feb 1, 2024
$15,464,000
Public Record