123 Citysquare, Irvine, California 92614, Irvine, 92614 - 4 bed, 4 bath
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Irvine, California 92614
This Turnkey Former Model Home represents a High-Potential Investment Opportunity, listed at $1,200,000—positioned well below the $1,391,270 Fair Market Value by 13%. This valuation gap provides $191,270 in Instant Equity. Featuring a Condition Rating of 2, this end-unit offers a main-floor bedroom, gourmet kitchen, and a private deck. While served by the Santa Ana Unified School District, the lack of Mello-Roos taxes enhances long-term affordability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking luxury Irvine living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 123 Citysquare Subject | $1,200,000* List Price | 4 | 4 | 2,251 | $618 | - |
A 203 Placemark Sold | $1,374,000 | 3 | 4 | 2,100 | $654 | 0.1 mi |
B 152 Schick Sold | $1,300,000 | 4 | 4 | 2,219 | $586 | 0.1 mi |
C 158 Placemark Sold | $1,380,000 | 3 | 4 | 2,100 | $657 | 0.1 mi |
D 161 Schick Sold | $1,288,800 | 4 | 4 | 2,266 | $569 | 0.1 mi |
E 159 Steely Sold | $1,049,900 | 3 | 3 | 1,592 | $659 | 0.8 mi |
F 169 Steely Sold | $1,100,000 | 3 | 3 | 1,592 | $691 | 0.9 mi |
G 162 Placemark Active | $1,350,000 List Price | 3 | 4 | 2,104 | $642 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and in mint condition. As a former model home, it features high-end modern finishes, a gourmet kitchen with stainless steel appliances, and contemporary systems requiring no maintenance.
As a former model home and end-unit, this property features high-end finishes, professional design elements, and extra natural light that offer a turnkey luxury experience.
The absence of Mello-Roos taxes is a significant and rare benefit for a newer Irvine construction, resulting in substantially lower monthly carrying costs for the homeowner.
The highly sought-after main-floor bedroom and full bathroom provide essential flexibility for multi-generational living, guests, or a private home office.
The property is served by the Santa Ana Unified School District rather than the prestigious Irvine Unified School District, which is a primary driver for many buyers in this area.
Located in the high-density Irvine Business Complex with no designated views, the property lacks the traditional private backyard and quiet suburban atmosphere found in other Irvine villages.
Former Model Home | Premium Corner Location | End Unit | No Mello-Roos ***Welcome to this beautifully maintained former model home, ideally situated in the heart of Irvine. Perfectly positioned on a premium corner lot and adjacent to a lush community greenbelt, this desirable end-unit residence offers exceptional privacy, abundant natural light, and a peaceful setting. ***Featuring 4 bedrooms and 3.5 bathrooms, this thoughtfully designed home includes a highly sought-after main-floor bedroom and full bathroom, ideal for guests or multi-generational living. The spacious, open-concept floor plan offers approximately 2,251 square feet of bright and inviting living space, highlighted by a generous great room, a gourmet kitchen with a walk-in pantry, and seamless flow for both everyday living and entertaining. An attached 2-car garage provides added convenience. ***Located in the heart of the Irvine Business Complex, this home offers easy access to world-class shopping, dining, entertainment, major freeways, John Wayne Airport, and Irvine's renowned parks and amenities. Don't miss the opportunity to call it HOME!!
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,251 | 1,772 |
| Lot Size | 17,505 | 46,724 |
| Price | $1.20M | $1.27M |
| Price per sq ft | $533 | $753 |
| Built year | 2020 | 2014 |
| HOA | $350.0 | $296 |
| Days on market | 14 | 60 |
Jul 8, 2026
$1,200,000
Initial Listing
Mar 25, 2020
$849,000
Public Record