
Irvine, California 92614
This Modern Tri-Level Townhome is a Prime Investment Opportunity listed at $1,049,900—positioned well below the $1,071,470 Fair Market Value by 2%. This valuation gap provides $21,570 in Instant Equity for incoming buyers. Boasting a Condition Rating of 2, the 2021-built residence features a versatile entry-level bonus room, quartz countertops, and the rare financial advantage of No Mello Roos. Located near Diamond Jamboree and served by the Tustin Unified School District, it offers a high-efficiency lifestyle. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 159 Steely Subject | $1,049,900* List Price | 3 | 3 | 1,592 | $673 | - |
A 169 Steely Sold | $1,100,000 | 3 | 3 | 1,592 | $691 | 0.1 mi |
B 223 Steely Sold | $1,100,000 | 3 | 3 | 1,592 | $691 | 0.1 mi |
C 161 Steely Sold | $1,045,000 | 3 | 3 | 1,592 | $656 | - |
D 113 Schick Sold | $1,250,000 | 4 | 4 | 2,077 | $602 | 0.7 mi |
E 151 Schick Sold | $1,262,500 | 4 | 4 | 2,006 | $629 | 0.7 mi |
F 249 Steely Active | $1,130,000 List Price | 3 | 3 | 1,592 | $710 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is virtually new and meets all current quality standards. The interior features modern high-end finishes including quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and recessed lighting throughout. All major systems, including the tankless water heater and HVAC, are within their initial high-efficiency lifespan with no evidence of deferred maintenance.
A rare find for newer Irvine construction, this property features no Mello Roos, significantly lowering the effective tax rate and enhancing long-term affordability.
Built in 2021, the home includes a versatile entry-level bonus room and contemporary finishes like quartz countertops and luxury vinyl flooring, catering to modern lifestyle needs.
Located in the heart of the Irvine Business Complex, the property offers unparalleled access to Diamond Jamboree, major freeways, and John Wayne Airport.
The three-story layout may be a drawback for buyers seeking single-level living or those with mobility concerns, as it requires frequent stair usage between living zones.
While the property holds an Irvine address, it is served by the Tustin Unified School District, which may impact appeal for buyers specifically targeting Irvine Unified schools.
Diamond Jamboree nearby • Balcony living • Bonus room/flex space • No Mello Roos Located in the Paseo Del Mar community within the Irvine Business Complex, this tri-level home built in 2021 offers modern construction and low-maintenance living with no Mello Roos. The main living level features an open-concept layout with a living and dining area that connects to a private balcony, providing indoor-outdoor functionality. The kitchen includes quartz countertops, stainless steel appliances, a center island, soft-close cabinetry, and a walk-in pantry. All bedrooms are positioned on the upper level, including the primary suite with a walk-in closet and dual vanity bathroom. The entry-level bonus room provides flexible use as an office, gym, or additional living space. Interior features include luxury vinyl flooring, recessed lighting, and an upstairs laundry area with included Whirlpool washer and dryer. Additional property features include a tankless water heater and an attached 2-car garage with direct access. Community amenities include a pool, spa, cabanas, and BBQ area. Positioned near major Irvine destinations including Diamond Jamboree, The District at Tustin Legacy, UC Irvine, and John Wayne Airport. Convenient access to the 405 and 55 freeways provides connectivity throughout Orange County.— with NO MELLO ROOS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,592 | 1,214 | 75% |
| Lot Size | 23,267 | 23,267 | 50% |
| Price | $1.05M | $987.5K | 61% |
| Price per sq ft | $659 | $743 | 22% |
| Built year | 2021 | 1985 | 83% |
| HOA | $308.0 | $330 | 44% |
| Days on market | 37 | 181 | 6% |
Mar 17, 2026
$1,049,900
Initial Listing