134 Milky Way, Irvine, California 92618, Irvine, 92618 - 3 bed, 3 bath
ACTIVE UNDER CONTRACT$1,289,000
134 Milky Way, Irvine, California 92618
3Beds
3Baths
1,490Sqft
19,301Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction: Built in 2020, this property offers modern design, energy efficiency, and minimal immediate maintenance, appealing to buyers seeking a move-in ready home.
Top Cons:
Condominium Ownership: Despite being detached, it is a condominium, which entails ongoing HOA fees ($183/month) and potential community restrictions, which may not appeal to all buyers seeking full autonomy.
Compared to the nearby listings
Price:$1.29M vs avg $1.35M ($-61,000)44%
Size:1,490 sqft vs avg 2,010 sqft15%
Price/sqft:$865 vs avg $69889%
More Insights
Built in 2020 (5 years old).
Condition: This property was built in 2020, making it virtually new. The images showcase a modern, upgraded kitchen with quartz countertops, white shaker cabinets, and stainless steel appliances. Bathrooms feature contemporary vanities, glass-enclosed showers, and modern tiling. All flooring (dark wood-look and light grey carpet), light fixtures (recessed lighting), and overall finishes are current, in pristine condition, and show no signs of wear or deferred maintenance, aligning perfectly with 'Excellent' criteria for a recently built home.
Year Built
2020
Close
-
List price
$1.29M
Original List price
$1.4M
Price/Sqft
$865
HOA
$183
Days on market
-
Sold On
-
MLS number
OC25151888
Home ConditionExcellent
Features
Patio
View-
About this home
Welcome to 134 Milky Way, a charming 3-bedroom, 2.5-bath DETACHED condo located in the highly desirable Portola Springs community in Irvine. Situated within the award-winning Irvine Unified School District, this home offers the perfect blend of convenience, comfort, and lifestyle. The open-concept floorplan boasts spacious and light-filled living areas, ideal for both daily living and entertaining. The upgraded kitchen features quartz countertops, a large island, and ample cabinet space. Enjoy a private patio, perfect for outdoor relaxation. Residents have exclusive access to exceptional amenities, including parks, walking trails, multiple sport courts, and community clubhouses. Located near shopping, dining, and entertainment, with easy access to freeways, this home offers everything you need in one of Irvine’s most sought-after neighborhoods.
Condition Rating
Excellent
This property was built in 2020, making it virtually new. The images showcase a modern, upgraded kitchen with quartz countertops, white shaker cabinets, and stainless steel appliances. Bathrooms feature contemporary vanities, glass-enclosed showers, and modern tiling. All flooring (dark wood-look and light grey carpet), light fixtures (recessed lighting), and overall finishes are current, in pristine condition, and show no signs of wear or deferred maintenance, aligning perfectly with 'Excellent' criteria for a recently built home.
Pros & Cons
Pros
New Construction: Built in 2020, this property offers modern design, energy efficiency, and minimal immediate maintenance, appealing to buyers seeking a move-in ready home.
Prime Location & Community: Situated in the highly desirable Portola Springs community in Irvine, known for its quality of life, excellent amenities, and strong property values.
Award-Winning School District: Located within the acclaimed Irvine Unified School District, a significant draw for families prioritizing top-tier education.
Exceptional Community Amenities: Residents enjoy exclusive access to a wealth of amenities including parks, walking trails, multiple sport courts, and community clubhouses, enhancing lifestyle and appeal.
Upgraded Interior & Detached Condo: Features an open-concept floorplan, an upgraded kitchen with quartz countertops and a large island, plus the added privacy and feel of a detached home within a condo structure.
Cons
Condominium Ownership: Despite being detached, it is a condominium, which entails ongoing HOA fees ($183/month) and potential community restrictions, which may not appeal to all buyers seeking full autonomy.
Lack of Specific Views: The property description indicates 'None' for views, suggesting it does not offer any notable scenic advantages, which could be a missed opportunity in a desirable area.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price of $1.4M to $1.289M, which could indicate initial overpricing or a slower market response, potentially raising buyer concerns about value.