131 Waterleaf, Irvine, California 92620, Irvine, 92620 - 3 bed, 3 bath
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131 Waterleaf
Irvine, California 92620
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,879Sq Ft
0Lot Size
Property Price
LIST PRICE$1,695,000
EST. MARKET VALUE
$1,597,935
6% AboveMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is listed at $1,780,000, reflecting a premium valuation relative to its $1,653,851 Fair Market Value. While priced above the current estimate, the property offers an Excellent Condition Rating and a Modern Gourmet Kitchen with professional-grade appliances. Located in the prestigious Irvine Unified School District with access to top-rated schools like Jeffrey Trail Middle and Northwood High, this residence provides a high-end lifestyle in a prime community. It is an ideal sanctuary for discerning families or professional couples seeking a turnkey, low-maintenance luxury property.
Estimated Market Value
$1,597,935
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 Waterleaf Subject | $1,695,000* List Price | 3 | 3 | 1,879 | $850 | - |
A 79 Island Coral Sold | $1,660,000 | 3 | 3 | 1,804 | $920 | 0.2 mi |
B 84 Jade Flower Sold | $1,210,000 | 3 | 3 | 1,619 | $747 | 0.4 mi |
C 119 Island Coral Sold | $1,690,000 | 3 | 3 | 1,907 | $886 | 0.1 mi |
D 125 Island Coral Sold | $1,725,000 | 3 | 3 | 1,745 | $989 | 0.1 mi |
E 77 Painted Trellis Sold | $1,360,000 | 3 | 3 | 1,626 | $836 | 0.5 mi |
F 112 Tallowood Sold | $1,275,000 | 4 | 3 | 1,481 | $861 | 0.3 mi |
G 96 Tallowood Sold | $1,300,000 | 4 | 3 | 1,523 | $854 | 0.3 mi |
H 59 Fairymoss Sold | $1,400,000 | 3 | 4 | 1,873 | $747 | 0.4 mi |
I 59 Island Coral Active | $1,694,000 List Price | 3 | 3 | 1,846 | $918 | 0.2 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 2016, this 10-year-old home is in mint, move-in ready condition. It features a modern custom kitchen with professional-grade stainless steel appliances, upgraded cabinetry, and high-end finishes throughout, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
- Premier Education District
The property is served by the prestigious Irvine Unified School District, including top-rated institutions like Jeffrey Trail Middle School and Irvine High, which significantly sustains long-term property value.
- Modern Gourmet Kitchen
The home features a high-end custom kitchen equipped with professional-series stainless steel appliances, a 5-burner cooktop, and a large center island, perfect for modern culinary needs.
CONSRISKS & DEFICIENCIES
- Condominium Classification
Despite being a detached structure, the legal sub-type is a condominium, which may result in different financing requirements and perceived value regarding land ownership compared to traditional fee-simple detached homes.
- High Price-per-Square-Foot
At a list price of $1.78M for 1,879 square feet, the property is positioned at a premium price point that may test the upper limits of the local market's valuation for this specific model.
About 131 Waterleaf
**MOVE-IN READY, detached Home located in Irvine newest community, Cypress Village. **This charming home is situated within the “Jasmine” community which showcases modern living and resort-style amenities. **Very private Single-family home with an end lot location closes to community. **Relax and enjoy indoor/outdoor living from dining area to backyard. **House features 3 Bedrooms, 3 Baths, High Ceiling, Recessed Lighting, Full Sliding Door to the backyard, and attached 2-car garage. ** Fantastic Custom Designed Kitchen: Upgrade Cabinets, Large Kitchen Island with 6” splash and full splash at cooktop** Stainless Steel Appliances; Professional Series 5 Burner Cooktop; Vent Hood with Chimney to Ceiling; built-in Microwave; built-in Convection Oven, and Dishwasher.**Convenient Laundry Room with sink, cabinets. **Walk to beautiful parks, private community swimming pools, spas, clubhouses, tennis courts, playgrounds, picnic areas, and walking/biking trails. ** World-Class Education with neighborhood schools: Cypress Village Elementary, Jeffrey Trail Middle School and Irvine High School - one of the best schools in California. Only minutes to Irvine Spectrum and South Coast Plaza Shopping, UCI, JWA Airport, Laguna Beach and the 5, 405, 133 and 91 Freeways! Don't wait for this exciting opportunity to own a home in the beautiful Cypress Village.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2016
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $135.0 / Month
Neighborhood Insights
Irvine Unified Schools
Woodbury Elementary School
Grades K-6 • 0.8 mi
8/10
Northwood Elementary School
Grades K-6 • 1.7 mi
7/10
Greentree Elementary School
Grades K-6 • 2.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,879 | 1,652.392 |
| Lot Size | - | 42,663.332 |
| Price | $1.70M | $1.21M |
| Price per sq ft | $902 | $746 |
| Built year | 2016 | 2010 |
| HOA | $135.0 | $278 |
| Days on market | 37 | 57 |
Pricing History
Listed for Sale
Aug 15, 2026
$1,695,000
$1,780,000
-5% Price Drop
Initial Listing
Price Change
Aug 3, 2026
$1,780,000
Initial Listing
Sold
Apr 29, 2016
$886,500
Public Record