131 Citysquare, Irvine, California 92614, Irvine, 92614 - 4 bed, 4 bath
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131 Citysquare
Irvine, California 92614
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,251Sq Ft
1,000Lot Size
Property Price
LIST PRICE$1,380,000
EST. MARKET VALUE
$1,345,094
SUMMARY
This Modern Zero Net Energy Condominium is a Strong Value Opportunity, listed at $1,380,000—positioned slightly above the $1,345,095 Fair Market Value. While priced at market, the property offers a Condition Rating of 2, featuring state-of-the-art energy-efficient systems and a versatile floor plan with a convenient first-floor ensuite bedroom. Residents enjoy a Park/Greenbelt View and proximity to major transit hubs. This home is an ideal fit for Owner-Occupants seeking a sustainable, low-maintenance lifestyle or first-time buyers prioritizing modern construction and connectivity in Irvine.
Estimated Market Value
$1,345,094
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 131 Citysquare Subject 4 bd · 4 ba · 2,251 sqft · $598 | $1,380,000* List Price | 4 | 4 | 2,251 | $598 | - |
A 123 Citysquare Sold 4 bd · 4 ba · 2,251 sqft · $542 · 0.0 mi | $1,220,000 | 4 | 4 | 2,251 | $542 | 0.0 mi |
B 117 Placemark Sold 3 bd · 4 ba · 1,990 sqft · $587 · 0.1 mi | $1,168,888 | 3 | 4 | 1,990 | $587 | 0.1 mi |
C 122 Schick Sold 4 bd · 4 ba · 2,219 sqft · $581 · 0.2 mi | $1,290,000 | 4 | 4 | 2,219 | $581 | 0.2 mi |
D 203 Placemark Sold 3 bd · 4 ba · 2,100 sqft · $654 · 0.1 mi | $1,374,000 | 3 | 4 | 2,100 | $654 | 0.1 mi |
E 2234 Synergy Sold 4 bd · 4 ba · 1,940 sqft · $608 · 0.8 mi | $1,180,000 | 4 | 4 | 1,940 | $608 | 0.8 mi |
F 159 Steely Sold 3 bd · 3 ba · 1,592 sqft · $659 · 0.9 mi | $1,049,900 | 3 | 3 | 1,592 | $659 | 0.9 mi |
G 365 Placemark Active 2 bd · 4 ba · 1,805 sqft · $581 · 0.1 mi | $1,048,999 List Price | 2 | 4 | 1,805 | $581 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2020, this property is well under the 10-year age threshold for excellent condition. The interior features mint-condition finishes, including a modern kitchen with quartz countertops and energy-efficient appliances. As a Zero Net Energy community home, the HVAC and electrical systems are state-of-the-art and require no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
Built in 2020 as part of a Zero Net Energy community, this home features advanced energy-efficient appliances and construction, offering significant long-term savings on utility costs.
- Versatile Floor Plan
The layout includes a desirable first-floor bedroom with an ensuite bath, providing excellent flexibility for multi-generational living, a guest suite, or a private home office.
- Prime Connectivity
Located in the heart of Irvine, the property offers exceptional access to the 405, 55, and 73 freeways, John Wayne Airport, and major shopping hubs like the Irvine Spectrum.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1000, other record lot size in square feet = 23731.
- School District
The property is served by the Santa Ana Unified School District rather than the highly-coveted Irvine Unified School District, which may impact long-term appreciation and appeal to families.
- Vertical Living
With approximately 2,251 square feet spread across three levels, the home requires frequent use of stairs, which may not appeal to buyers seeking single-level living or easier accessibility.
About 131 Citysquare
Welcome to City Square by Meritage Homes, a Zero Net Energy community in the heart of Irvine. This beautifully designed 4-bedroom, 3.5-bath condominium offers approximately 2,251 square feet of light-filled living space across three levels. A first-floor bedroom with an ensuite bath provides privacy and flexibility for guests or a home office. On the second floor, the open-concept living and dining areas flow seamlessly into a stylish kitchen featuring quartz countertops, a center island, and energy-efficient appliances. The third floor includes a spacious primary suite and two additional bedrooms. An attached two-car garage adds everyday convenience. Enjoy low-maintenance living with convenient access to shopping, dining, Irvine Spectrum Center, John Wayne Airport, and the 405, 55, and 73 freeways.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2020
- Lot Size
- 1,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Irvine Unified Schools
Monroe Elementary School
Grades K-5 • 2.0 mi
4/10
Mcfadden Intermediate School
Grades 6-8 • 3.0 mi
3/10
Century High School
Grades 9-12 • 3.0 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.7 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,251 | 1,685.105 |
| Lot Size | 1,000 | 42,358.594 |
| Price | $1.38M | $1.21M |
| Price per sq ft | $613 | $740 |
| Built year | 2020 | 2010 |
| HOA | $350.0 | $280 |
| Days on market | 5 | 61 |
Pricing History
Listed for Sale
Oct 20, 2026
$1,380,000
Initial Listing
Sold
Oct 9, 2019
$870,000
Public Record