136 Palisades, Irvine, California 92618, Irvine, 92618 - 4 bed, 4 bath

136 Palisades, Irvine, California 92618 home-pic-0
ACTIVE$1,570,000$2,132/sqft
136 Palisades, Irvine, California 92618
4Beds
4Baths
2,132Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Brand New Construction: As a 2026 build, this property offers modern design, up-to-date features, and the latest building standards, ensuring minimal immediate maintenance and a fresh start for homeowners.
Top Cons:
Extended Completion Timeline: With an estimated completion in Fall 2026, buyers face a significant waiting period before they can occupy the property, which may not suit those seeking immediate move-in.

Compared to the nearby listings

Price:$1.57M vs avg $1.35M (+$220,000)69%
Size:2,132 sqft vs avg 2,014 sqft58%
Price/sqft:$736 vs avg $69364%

More Insights

Built in 2026 (0 years old).
Condition: This property is a brand new construction with an estimated completion in Fall 2026. All components, including the 'chef-inspired kitchen' with new appliances and 'luxurious ensuite bath,' are new, meeting current quality standards with no deferred maintenance. The renderings showcase modern design, finishes, and fixtures throughout.
Year Built
2026
Close
-
List price
$1.57M
Original List price
$1.57M
Price/Sqft
$736
HOA
$560
Days on market
-
Sold On
-
MLS number
OC25278825
Home ConditionExcellent
Features
Deck
View-

About this home

Welcome to the Elm Collection, a new community located in Great Park, which is close to Great Park Ice and the Great Park Sports. Homesite 57 is a new construction home that is situated in an interior location within the community. The Sorrel floorplan features 4 bedrooms, with 3.5 bathrooms, and is 2,132 sq. ft, with a 2-car garage. Upon entering the home, you are welcomed by an expansive foyer and secondary bedroom with a full bath on the first level. On the second level, you will see a chef inspired kitchen complete with generous counterspace, ample cabinetry, and a pantry with an open floor plan. Sliding doors on the second level open to a large, covered balcony. The third level offers a spacious primary suite with a luxurious ensuite bath and walk in closet and dual vanities. There are two additional well sized bedrooms, a full secondary bath, and a dedicated laundry room. Located in a desirable community close to shopping, dining, and the 5 freeway. Homesite 57 is under construction and has an estimated completion of Fall 2026. Photos provided are of the renderings for the Sorrel floor plan.

J
Jennifer Robertson
Listing Agent
Condition Rating
Excellent

This property is a brand new construction with an estimated completion in Fall 2026. All components, including the 'chef-inspired kitchen' with new appliances and 'luxurious ensuite bath,' are new, meeting current quality standards with no deferred maintenance. The renderings showcase modern design, finishes, and fixtures throughout.
Pros & Cons

Pros

Brand New Construction: As a 2026 build, this property offers modern design, up-to-date features, and the latest building standards, ensuring minimal immediate maintenance and a fresh start for homeowners.
Prime Great Park Location: Situated in the highly sought-after Elm Collection within Great Park, the home benefits from proximity to Great Park Ice, Sports facilities, shopping, dining, and convenient freeway access.
Top-Rated School District: Located within the prestigious Irvine Unified School District, a significant advantage for families and a strong factor in property value appreciation.
Functional & Modern Layout: The Sorrel floorplan features 4 bedrooms and 3.5 bathrooms across 2,132 sq. ft., including a convenient ground-floor bedroom with a full bath, a chef-inspired kitchen, and a large covered balcony.
Desirable City of Irvine: Irvine is consistently ranked as one of the safest and most desirable cities in the U.S., offering excellent amenities, a strong job market, and a high quality of life.

Cons

Extended Completion Timeline: With an estimated completion in Fall 2026, buyers face a significant waiting period before they can occupy the property, which may not suit those seeking immediate move-in.
High Monthly HOA Fees: The property carries a substantial monthly association fee of $560.0, adding a considerable recurring cost to homeownership.
Condominium Ownership: As a condominium, the property may entail shared walls, potentially less private outdoor space, and community rules and regulations that could limit personal modifications or lifestyle choices compared to a detached home.
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