123 Fallingstar, Irvine, California 92614, Irvine, 92614 - 2 bed, 3 bath
123 Fallingstar
Irvine, California 92614
Property Price
SUMMARY
Analysis of 123 Fallingstar, Irvine, California 92614 is currently available with a list price of $798,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and move-in ready with recent cosmetic improvements such as fresh paint and brand-new carpeting. However, built in 1984 with no mention of a full kitchen or bathroom remodel, the home retains its original era's infrastructure and styling. It fits the 'fair' criteria as an aged property that has been maintained through regular upkeep but lacks the extensive renovations required for a 'good' or 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Meadow Park School (9/10). Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
- Premier Community Amenities
Located in the highly sought-after Woodbridge area, residents enjoy exclusive access to the South Lake Beach Club, multiple pools, tennis and pickleball courts, and scenic walking trails.
- Superior Privacy and Layout
As a desirable end unit with no neighbors above or below, this townhome offers a level of quiet and privacy rarely found in multi-family housing, complemented by a spacious private patio.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At 1,052 square feet for a two-bedroom, two-and-a-half-bath home, the interior living space may feel restrictive for buyers prioritizing large rooms or extensive storage.
- Aging Infrastructure
Built in 1984, the property may require future capital investments for aging mechanical systems or structural maintenance typical of homes from this era.
About 123 Fallingstar
HUGE PRICE REDUCTION! MUST SELL NOW! Very charming 2-bedroom, 2.5-bath Cape Cod–style townhome ideally located in the heart of Woodbridge. This desirable end unit offers exceptional privacy with no one above or below. The spacious, open layout features an inviting living area and a beautifully maintained large patio with custom wood decking, complete with patio furniture and BBQ grill—perfect for outdoor entertaining. Additional highlights include a garage, and a Murphy bed in the secondary bedroom, allowing the space to function as an office, den, or easily convert into a comfortable guest room. Also-fresh paint, brand new carpeting Enjoy the best of Woodbridge living with close proximity to Fallingstar Pool and Spa, nearby parks, and easy access to the South Lake Beach Club, offering lakes, pools, spas, tennis and pickleball courts, parks, and scenic walking trails. Located within the award-winning Irvine School District and close to shopping, dining, and entertainment—this home combines comfort, charm, and convenience in one of Irvine’s most sought-after communities.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1984
- Lot Size
- 69,330 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $147.0 / Month
Neighborhood Insights
Irvine Unified Schools
Springbrook Elementary School
Grades K-6 • 0.4 mi
Meadow Park School
Grades K-6 • 1.0 mi
Eastshore Elementary School
Grades K-6 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,052 | 1,303.5 | 13% |
| Lot Size | 69,330 | 89,606 | 46% |
| Price | $798.9K | $1.04M | 17% |
| Price per sq ft | $759 | $760 | 50% |
| Built year | 1984 | 1985 | 46% |
| HOA | $147.0 | $335 | 25% |
| Days on market | 123 | 171 | 29% |
Pricing History
Listed for Sale
Jan 30, 2026
$798,900
$850,000
-6% Price Drop
Initial Listing
Price Change
Dec 18, 2025
$850,000
$865,000
-2% Price Drop
Initial Listing
Price Change
Nov 4, 2025
$865,000
Initial Listing