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137 Terrapin, Irvine, California 92618, Irvine, 92618 - 3 bed, 3 bath

137 Terrapin, Irvine, California 92618 home-pic-0
ACTIVE$1,495,000
137 Terrapin, Irvine, California 92618
3Beds
3Baths
2,103Sqft
4,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
Top Cons:
As-Is Sale Condition: The property is explicitly sold 'as-is,' placing the burden of any necessary repairs or unforeseen issues entirely on the buyer.

Compared to the nearby listings

Price:$1.50M vs avg $1.38M (+$115,010)60%
Size:2,103 sqft vs avg 2,015 sqft59%
Price/sqft:$711 vs avg $69853%

More Insights

Built in 2017 (8 years old).
Condition: Built in 2017, this property is only 7 years old, falling well within the 'Excellent' criteria for age. The description highlights a 'well-maintained' home with an 'upgraded kitchen featuring granite countertop and backsplash' and 'oversized islands.' The provided images showcase a modern, clean aesthetic throughout, with contemporary light fixtures, neutral paint, and a mix of tile and carpet flooring that appears new or virtually new. The bathroom shown is also modern and in pristine condition. All major systems, including the visible tankless water heater, are expected to be within their optimal lifespan, reflecting minimal physical depreciation and no deferred maintenance. The overall condition, style, and features are consistent with a recently built, high-quality home.
Year Built
2017
Close
-
List price
$1.5M
Original List price
$1.59M
Price/Sqft
$711
HOA
$560
Days on market
-
Sold On
-
MLS number
TR25065958
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Virtually staged. Must see! Welcome to this beautiful, well-maintained 3 bedrooms and 2.5-bathroom home in Parasol Park community. A spacious living room opens into the kitchen with oversized islands, a bonus room downstairs that can be used as an office or a bedroom. Upstairs has three bedrooms. An upgraded kitchen with granite countertop and backsplash. The Master bedroom has a large walk-in closet. Laundry room equipped with washer and dryer. 2-car garage. A spacious backyard allows you to relax and enjoy yourself with family and friends. Close to award-winning schools, walking distance to parks. The home also has access to clubhouse amenities: Olympic size heated pools and spas, playgrounds, and tennis courts. Please call or text the listing agent to make an appointment for the showing. Sold as is, while the listing agent and seller have made every effort to provide accurate information, buyers are encouraged to independently verify all details, including room sizes, square footage, and any other pertinent information. The listing agent and seller do not guarantee the accuracy of the information provided.

Nearby schools

9/10
Portola Springs Elementary
Public,•K-6•1.8mi
7/10
Cypress Village Elementary
Public,•K-6•3.2mi
7/10
Rancho Canada Elementary School
Public,•K-6•3.7mi
9/10
Jeffrey Trail Middle
Public,•7-8•1.5mi
6/10
Serrano Intermediate School
Public,•7-8•4.2mi
9/10
Irvine High School
Public,•9-12•2.9mi
9/10
Northwood High School
Public,•9-12•3.3mi
7/10
El Toro High School
Public,•9-12•4.3mi
Condition Rating
Excellent
Built in 2017, this property is only 7 years old, falling well within the 'Excellent' criteria for age. The description highlights a 'well-maintained' home with an 'upgraded kitchen featuring granite countertop and backsplash' and 'oversized islands.' The provided images showcase a modern, clean aesthetic throughout, with contemporary light fixtures, neutral paint, and a mix of tile and carpet flooring that appears new or virtually new. The bathroom shown is also modern and in pristine condition. All major systems, including the visible tankless water heater, are expected to be within their optimal lifespan, reflecting minimal physical depreciation and no deferred maintenance. The overall condition, style, and features are consistent with a recently built, high-quality home.
Pros & Cons

Pros

Great Schools: Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
Desirable Irvine Location & Community: Situated in the sought-after Great Park area of Irvine, known for its quality of life, and within the Parasol Park community, offering extensive amenities like pools, spas, and parks.
Modern Construction & Condition: Built in 2017, the home is relatively new and described as 'well-maintained,' suggesting modern standards and reduced immediate repair needs.
Upgraded Interior Features: Boasts an upgraded kitchen with granite countertops, backsplash, and oversized islands, along with a versatile downstairs bonus room and a master bedroom with a large walk-in closet.
Exceptional School Access: Benefits from proximity to several highly-rated, award-winning schools, making it an attractive option for families.
Private Outdoor & Community Amenities: Offers a spacious private backyard for personal enjoyment, complemented by access to comprehensive community amenities including Olympic-sized pools, playgrounds, and tennis courts.

Cons

As-Is Sale Condition: The property is explicitly sold 'as-is,' placing the burden of any necessary repairs or unforeseen issues entirely on the buyer.
Substantial Monthly HOA Fees: A high monthly association fee of $560 represents a significant ongoing cost that buyers must factor into their budget.
Condominium Structure at Price Point: As a condominium, it may not appeal to all buyers seeking a detached single-family home, especially given its premium price point, and comes with inherent HOA rules and potential shared wall considerations.

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