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

137 Smallwheel
Irvine, California 92618
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 Smallwheel Subject | $2,650,000* List Price | 4 | 3 | 2,175 | $1,055 | - |
A 108 Sideways Sold | $2,250,000 | 4 | 4 | 2,560 | $879 | 0.2 mi |
B 167 Loneflower Sold | $2,150,000 | 4 | 3 | 2,394 | $898 | 0.7 mi |
C 147 Yellow Daisy Sold | $2,425,000 | 4 | 5 | 2,689 | $902 | 0.7 mi |
D 172 Newall Pending | $2,399,800 List Price | 4 | 4 | 2,615 | $918 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Cypress Village Elementary
Grades K-6 • 3.6 mi
Rancho Canada Elementary School
Grades K-6 • 3.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 44% |
| Square foot | 2,175 | 2,696.5 | 23% |
| Lot Size | 5,432 | 4,675.5 | 60% |
| Price | $2.65M | $2.25M | 66% |
| Price per sq ft | $1.2K | $806 | 98% |
| Built year | 2017 | 2020 | 28% |
| HOA | $235.0 | $248 | 31% |
| Days on market | 69 | 206 | 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
















































