137 Smallwheel, Irvine, California 92618, Irvine, 92618 - 4 bed, 3 bath

137 Smallwheel, Irvine, California 92618 home-pic-0

137 Smallwheel

Irvine, California 92618

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,175Sq Ft
5,432Lot Size

Property Price

LIST PRICE$2,650,000
EST. MARKET VALUE
$2,293,563
15% AboveMARKET VALUE

SUMMARY

Analysis of 137 Smallwheel, Irvine, California 92618 reveals a property with a current list price of $2,650,000, which is 15% above the estimated $2,293,563 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,293,563
Based on Realkey algorithm analyzing recent comparable sales in Irvine.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
137 Smallwheel
Subject
$2,650,000*
List Price
432,175$1,055-
A
108 Sideways
Sold
$2,250,000442,560$8790.2 mi
B
167 Loneflower
Sold
$2,150,000432,394$8980.7 mi
C
147 Yellow Daisy
Sold
$2,425,000452,689$9020.7 mi
D
172 Newall
Pending
$2,399,800
List Price
442,615$9180.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2017 and formerly a model home, this property is in pristine condition with high-end designer upgrades, a gourmet kitchen featuring Monogram appliances, and modern features like stackable sliding doors and a manicured California Room.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).

  • Premium Single-Level Living

    As a rare former Larkspur Plan One model home, this single-story residence offers high-end designer upgrades, soaring ceilings, and a highly sought-after open floor plan that is difficult to find in the Great Park area.

  • Exceptional Indoor-Outdoor Flow

    The home features a manicured California Room with stackable sliding doors, a serene waterfall feature, and a private heated hot tub, creating a luxury oasis perfect for entertaining.

CONSRISKS & DEFICIENCIES

  • Solar Lease Assumption

    The roof-top solar panels are on a 20/20 lease that must be assumed by the buyer, which may be a drawback for those preferring owned equipment or different energy terms.

  • High Price Per Square Foot

    At a list price of $2.65M for 2,175 square feet, the property commands a significant premium per square foot, which may challenge appraisals or buyers focused on maximum interior space.

About 137 Smallwheel

Seize the rare opportunity to own the "crown jewel" of Beacon Park and the lightly-occupied one-story single family home. Significant interior upgrades and backyard improvements on this former Lakspur Plan One model home located at a quiet location and a few steps from the park and Beacon Park School. The desirable single-level open floor plan features high ceilings throughout, surround sound, a bright dining room and a living room with a wall of sliding stack-able doors that lead out to the manicured California Room. The serene sound of the waterfall will make you feel like you've stepped into an oasis. Relax as you walk through the terrace to a private heated hot tub surrounded by lush greenery. The built-in BBQ grill will complement the gourmet kitchen that features a large center granite island, designer back-splash, all Monogram stainless steel appliances, recess lights, and plenty of bright white cabinetry. The large master suite has dual sinks, a walk-in closet, a large glass shower. Separate laundry room with sink and additional cabinets for storage. Minutes from award-winning Irvine schools, wonderful walking & biking trails, association pools, parks, well-decorated clubhouse. Roof-top solar panels on a 20/20 lease to be assumed by buyers. Everything currently in the house is included in the sale, including a multitude of upgrades, furniture, and appliances.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2017
Lot Size
5,432 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$235.0 / Month

Neighborhood Insights

Irvine Unified Schools

Portola Springs Elementary

Grades K-6 • 1.2 mi

9/10

Cypress Village Elementary

Grades K-6 • 3.6 mi

7/10

Rancho Canada Elementary School

Grades K-6 • 3.9 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.04.0
44%
Square foot2,1752,696.5
23%
Lot Size5,4324,675.5
60%
Price$2.65M$2.25M
66%
Price per sq ft$1.2K$806
98%
Built year20172020
28%
HOA$235.0$248
31%
Days on market69206
9%

Pricing History

Listed for Sale

Dec 28, 2025

$2,650,000

Initial Listing

Sold

Jan 16, 2025

$2,000,000

Public Record

Sold

Oct 6, 2021

$345,000

Public Record

Sold

Sep 25, 2020

$345,000

Public Record

Sold

Apr 19, 2017

$1,380,000

Public Record

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