128 Parkwood, Irvine, California 92620, Irvine, 92620 - 4 bed, 3 bath

128 Parkwood, Irvine, California 92620 home-pic-0
ACTIVE$1,748,000
128 Parkwood, Irvine, California 92620
4Beds
3Baths
1,907Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Santiago Hills Elementary School (9/10). Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
Top Cons:
Condominium Ownership Limitations: As a condominium, it may offer less privacy, shared walls, and limited private outdoor space compared to a single-family home, which might not suit all buyer preferences.

Compared to the nearby listings

Price:$1.75M vs avg $1.50M (+$253,000)74%
Size:1,907 sqft vs avg 1,724 sqft66%
Price/sqft:$917 vs avg $85376%

More Insights

Built in 2018 (7 years old).
Condition: This property, built in 2018, is only 6 years old and features over $100,000 in premium builder upgrades. The kitchen boasts modern white high-gloss cabinetry, light quartz countertops, a marble-look backsplash, stainless steel appliances (including an upgraded range hood), and a spacious island. Bathrooms are equally modern with contemporary vanities, light countertops, and glass-enclosed walk-in showers with stylish tiling. The property showcases luxurious light wood-look flooring, clean carpets, and recessed lighting throughout, indicating all components are new or virtually new, meeting current quality standards with no visible wear or deferred maintenance.
Year Built
2018
Close
-
List price
$1.75M
Original List price
$1.86M
Price/Sqft
$917
HOA
$355
Days on market
-
Sold On
-
MLS number
ML81999645
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Discover the charm of this exquisite 4-bedroom, 3-bath condo in the prestigious Eastwood Village of Irvine! Spanning 1,918 square feet, this rare gem offers a thoughtful layout with a bedroom and full bathroom conveniently located downstairsperfect for guests or multi-generational living. Step inside to an open, airy feel with expansive views of lush green grass right at your doorstep. This home boasts over $100,000 in premium upgrades from the builder, including luxurious flooring, countertops, cabinetry, bathroom tiles, a spacious kitchen island, and an upgraded range hoodcombining style and functionality. Located right next to Eastwood Elementary, its less than a 1-minute walk to this top-tier school, with Sierra Vista Middle School and the award-winning Blue Ribbon Northwood High School also nearby. Enjoy the added benefit of low Mello-Roos property taxes, not exceeding approximately 1.3% annually. Dont miss your chance to own this upgraded beauty in one of Irvines most sought-after communities!

Nearby schools

9/10
Santiago Hills Elementary School
Public,K-60.7mi
8/10
Stonegate Elementary School
Public,K-60.7mi
8/10
Canyon View Elementary School
Public,K-60.9mi
9/10
Sierra Vista Middle School
Public,7-81.2mi
9/10
Jeffrey Trail Middle
Public,7-81.9mi
9/10
Northwood High School
Public,9-121.0mi
Condition Rating
Excellent

This property, built in 2018, is only 6 years old and features over $100,000 in premium builder upgrades. The kitchen boasts modern white high-gloss cabinetry, light quartz countertops, a marble-look backsplash, stainless steel appliances (including an upgraded range hood), and a spacious island. Bathrooms are equally modern with contemporary vanities, light countertops, and glass-enclosed walk-in showers with stylish tiling. The property showcases luxurious light wood-look flooring, clean carpets, and recessed lighting throughout, indicating all components are new or virtually new, meeting current quality standards with no visible wear or deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Santiago Hills Elementary School (9/10). Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
Exceptional School District & Walkability: Located in the highly-rated Irvine Unified School District, with Eastwood Elementary a minute's walk away, and top middle/high schools nearby, making it ideal for families.
Extensive Premium Builder Upgrades: Features over $100,000 in high-end builder upgrades, including luxurious flooring, countertops, cabinetry, and a spacious kitchen island, offering move-in ready luxury.
Functional Downstairs Bedroom & Bath: The thoughtful layout includes a convenient downstairs bedroom and full bathroom, perfect for multi-generational living, guests, or a dedicated home office.
Modern Construction & Design: Built in 2018, this newer condo boasts contemporary design, modern amenities, and reduced maintenance concerns compared to older properties.
Favorable Mello-Roos Tax Rate: Benefits from a relatively low Mello-Roos tax rate (approximately 1.3% annually) for a newer Irvine property, offering a financial advantage in a high-tax area.

Cons

Condominium Ownership Limitations: As a condominium, it may offer less privacy, shared walls, and limited private outdoor space compared to a single-family home, which might not suit all buyer preferences.
Recurring Monthly Association Fees: The $355 monthly association fee adds a significant recurring cost to homeownership, which needs to be factored into the buyer's budget.
Recent Price Adjustment: A notable price reduction from the original list price could suggest a longer market time or an initial overvaluation, potentially impacting buyer perception or negotiation strategy.

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