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139 Terrapin, Irvine, California 92618, Irvine, 92618 - 3 bed, 2 bath

139 Terrapin, Irvine, California 92618 home-pic-0
ACTIVE$1,498,888
139 Terrapin, Irvine, California 92618
3Beds
2Baths
2,015Sqft
3,000Lot

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:
Condominium Restrictions & HOA Fees: As a condominium, the property is subject to an association fee of $267.0 and potential restrictions on modifications or usage inherent to shared ownership.

Compared to the nearby listings

Price:$1.50M vs avg $1.38M (+$118,898)60%
Size:2,015 sqft vs avg 2,015 sqft50%
Price/sqft:$744 vs avg $69864%

More Insights

Built in 2017 (8 years old).
Condition: Built in 2017, this property is only 7 years old and is described as 'showing like a MODEL HOME' with 'Modern Day Finishes throughout.' The kitchen features quartz countertops, white shaker cabinetry, and all stainless-steel appliances, indicating a contemporary and high-quality design. Bathrooms are also expected to reflect these modern finishes. All components are virtually new, with no deferred maintenance and minimal physical depreciation, aligning perfectly with the 'excellent' condition criteria.
Year Built
2017
Close
-
List price
$1.5M
Original List price
$1.6M
Price/Sqft
$744
HOA
$267
Days on market
-
Sold On
-
MLS number
OC25010208
Home ConditionExcellent
Features
Deck
View-

About this home

THE MOST HIGHLY DESIRED FLOOR PLAN & JUST A TWO MINUTE WALK TO "THE POOLS"! Experience a Sophisticated Southern California Lifestyle in Parasol Park, Irvine -- Carriage Style Unit with Single-Level Living, NO ONE ABOVE OR BELOW! Our Exclusive Lanterns Collection Residence 2 built by Lennar features 3BD 2BA + Private Deck and 2,015 Sq. Ft of Interior Indulgence and Luxury Living. The home offers HIGH CEILINGS & OPEN FLOOR PLAN and shows like a MODEL HOME with Modern Day Finishes throughout including Quartz Countertops, Sliding Door Access to Expansive Private Deck, Custom Fitted Window Treatments, and LED Recessed Lighting! Chef-Inspired Gourmet Kitchen with Quartz Countertops, Backsplash, Expansive Kitchen Island, White Shaker Door Cabinetry, and ALL Stainless-Steel Appliances. A Lifestyle Opportunity for Indoor Living and Entertaining—A Sleek Entertainer’s Great Room with direct Access to Spacious Balcony! Enjoy world-class amenities exclusive to Great Park residents -- 5 parks, 3 full court basketball courts, tennis courts (25 courts + championship court) 2 junior Olympic pools, 4 spas, 3 club rooms, BBQ picnic destinations at every park and one greenhouse. Award-winning Irvine unified school district (zoned Portola High School & Cadence Park K-8) and just minutes from dining destinations at the Woodbury Shopping Center, Five Points Amphitheater Irvine Spectrum, John Wayne Airport, Kaiser Permanente, and nearby connecting freeways ( I-5, 405, 241, 133, & 73)!

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 and is described as 'showing like a MODEL HOME' with 'Modern Day Finishes throughout.' The kitchen features quartz countertops, white shaker cabinetry, and all stainless-steel appliances, indicating a contemporary and high-quality design. Bathrooms are also expected to reflect these modern finishes. All components are virtually new, with no deferred maintenance and minimal physical depreciation, aligning perfectly with the 'excellent' condition criteria.
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).
Exceptional Community Amenities: The property offers access to world-class amenities exclusive to Great Park residents, including 5 parks, 25 tennis courts, 2 junior Olympic pools, 4 spas, and club rooms, enhancing a sophisticated Southern California lifestyle.
Modern & High-End Interior: Built in 2017, the unit 'shows like a MODEL HOME' with high ceilings, an open floor plan, modern finishes, quartz countertops, LED recessed lighting, and a chef-inspired gourmet kitchen with all stainless-steel appliances.
Desirable Single-Level Living: This carriage-style unit features single-level living with no one above or below, identified as 'THE MOST HIGHLY DESIRED FLOOR PLAN,' offering privacy and convenience.
Top-Rated School District: Located within the award-winning Irvine Unified School District, zoned for highly-rated schools such as Portola High School and Cadence Park K-8, a significant draw for families.
Strategic Location & Accessibility: The property is minutes from dining, shopping (Woodbury Shopping Center, Irvine Spectrum), John Wayne Airport, Kaiser Permanente, and major connecting freeways (I-5, 405, 241, 133, & 73).

Cons

Condominium Restrictions & HOA Fees: As a condominium, the property is subject to an association fee of $267.0 and potential restrictions on modifications or usage inherent to shared ownership.
Lack of Scenic Views: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic vistas or premium outlooks.
Recent Price Reduction: A $100,000 reduction from the original list price could indicate a market adjustment or a longer time on market, potentially affecting perceived value or buyer confidence.

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