RealKey
‪(213) 433-7766‬

125 Oakstone, Irvine, California 92618, Irvine, 92618 - 4 bed, 3 bath

125 Oakstone, Irvine, California 92618 home-pic-0
ACTIVE$3,998,000
125 Oakstone, Irvine, California 92618
4Beds
3Baths
2,980Sqft
4,009Lot

Price Vs. Estimate

The estimated value ($3,190,623.57) is $807,376.43 (20%) lower than the list price ($3,998,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New & Move-in Ready: Built in 2024 and described as 'MOVE-IN-READY!', this property offers the appeal and convenience of a brand-new home without the wait for construction.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4009, living area = 2980.

Compared to the nearby listings

Price:$4.00M vs avg $2.30M (+$1,698,500)91%
Size:2,980 sqft vs avg 2,781 sqft58%
Price/sqft:$1.3K vs avg $84099%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new. The listing explicitly states it is 'MOVE-IN-READY!' and designed for 'contemporary comfort and convenience.' The kitchen features a spacious island, walk-in pantry, ample cabinet storage, and a unique 'Chinese Kitchen,' all indicative of modern, high-quality finishes and appliances. Bathrooms, though not detailed, would also be new and modern in a 2024 build. All systems and components are new or virtually new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'excellent' condition criteria.
Year Built
2024
Close
-
List price
$4M
Original List price
$4M
Price/Sqft
$1,342
HOA
$180
Days on market
-
Sold On
-
MLS number
OC25070358
Home ConditionExcellent
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

Welcome to this stunning single-family residence with a breathtaking view in one of the most desirable communities in Irvine - Olivewood. Step inside to discover an expansive floor plan seamlessly connecting the open kitchen, great room, and dining area. The kitchen features a spacious island, a walk-in pantry, plenty of cabinet storage and a “Chinese Kitchen”; it offers ample space for entertaining and gatherings. A versatile downstairs bedroom is perfect as a guest suite, home office, den, or hobby room. Upstairs, you’ll find additional bedrooms and a generous loft that can be customized as a home theater, gym, or game room. Olivewood combines modern living with an exceptional location, offering access to top-rated schools like Loma Ridge Elementary, Portola High School, scenic trails, Mini-Olympic Swimming Pool, Table Tennis Tables, Children Playground, and over 15 family-friendly parks with resort-style amenities. The best part about this home is its low Carrying Cost: Comparing to average $400/month HOA fee and 1.8% Property Tax for new construction homes in Irvine; this home will only cost you $190/month HOA + 1.2% Property Tax – Unbeatable Steal! This lovely view home is designed for contemporary comfort and convenience; and it’s MOVE-IN-READY! Grab it before it’s gone!

Condition Rating
Excellent
This property was built in 2024, making it brand new. The listing explicitly states it is 'MOVE-IN-READY!' and designed for 'contemporary comfort and convenience.' The kitchen features a spacious island, walk-in pantry, ample cabinet storage, and a unique 'Chinese Kitchen,' all indicative of modern, high-quality finishes and appliances. Bathrooms, though not detailed, would also be new and modern in a 2024 build. All systems and components are new or virtually new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'excellent' condition criteria.
Pros & Cons

Pros

Brand New & Move-in Ready: Built in 2024 and described as 'MOVE-IN-READY!', this property offers the appeal and convenience of a brand-new home without the wait for construction.
Exceptional Community & Schools: Located in Olivewood, one of Irvine's most desirable communities, with access to top-rated schools (Loma Ridge Elementary, Portola High School) and resort-style amenities including pools, parks, and scenic trails.
Remarkably Low Carrying Costs: Features significantly lower HOA fees ($190/month) and property taxes (1.2%) compared to the average new construction in Irvine, presenting a substantial financial advantage.
Modern & Versatile Floor Plan: Offers an expansive, open-concept floor plan connecting the kitchen, great room, and dining area, along with a versatile downstairs bedroom and a generous upstairs loft for flexible use.
Unique Kitchen Features & Desirable View: The kitchen boasts a spacious island, walk-in pantry, ample storage, and a distinctive 'Chinese Kitchen' feature, complemented by a 'breathtaking Park/Greenbelt view'.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4009, living area = 2980.
Significant Overpricing: The listing price of $3,998,000 is 20% higher than the estimated property value of $3,190,623, and substantially above recent comparable sales in the same community.
Vague View Description: While a 'breathtaking view' is mentioned, the specific 'Park/Greenbelt' detail may not fully convey the premium value expected for a property at this price point, potentially lacking the allure of city lights or ocean views.
Relatively Small Lot Size: With a lot size of 4,009 sqft for a nearly 3,000 sqft home, the outdoor living space may be limited, which could be a consideration for buyers seeking a more expansive private yard.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state