16 Alegria, Irvine, California 92620, Irvine, 92620 - 5 bed, 3 bath
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16 Alegria
Irvine, California 92620
ACTIVE
CONDITION: GOOD
5Beds
3Baths
2,864Sq Ft
5,150Lot Size
Property Price
LIST PRICE$1,998,800
EST. MARKET VALUE
$1,998,800
SUMMARY
This Spacious Single Family Residence represents a Strong Value Opportunity, currently listed at $1,998,800, which aligns with its Fair Market Value. Featuring a Condition Rating of 3, the home has undergone over $100,000 in recent improvements, including a new HVAC system and modern finishes. Located in the prestigious Northwood community, it offers access to Top-Rated Schools like Northwood High and Sierra Vista Middle. With its versatile floorplan and proximity to HOA amenities, this property is an ideal acquisition for growing families or discerning owner-occupants seeking a move-in ready lifestyle.
Estimated Market Value
$1,998,800
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16 Alegria Subject | $1,998,800* List Price | 5 | 3 | 2,864 | $698 | - |
A 26 Alegria Sold | $1,885,000 | 4 | 3 | 2,400 | $785 | 0.1 mi |
B 28 Alondra Sold | $1,908,000 | 5 | 3 | 2,399 | $795 | 0.1 mi |
C 13 Recodo Sold | $2,000,000 | 4 | 3 | 3,264 | $613 | 0.6 mi |
D 3 Heatherwood Sold | $2,361,000 | 5 | 4 | 2,804 | $842 | 0.3 mi |
E 15 Blue Ridge Sold | $2,189,888 | 5 | 3 | 2,717 | $806 | 0.7 mi |
F 9 Chattanooga Sold | $2,200,000 | 4 | 3 | 3,247 | $678 | 0.2 mi |
G 27 Alameda Sold | $1,999,999 | 4 | 4 | 2,547 | $785 | 0.3 mi |
H 53 Oakhurst Sold | $2,250,000 | 4 | 4 | 2,584 | $871 | 0.4 mi |
I 14 Brillantez Pending | $2,198,000 List Price | 5 | 3 | 3,020 | $728 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1977 but recently underwent $100,000 in improvements. Key systems are in excellent condition with a brand new HVAC system (including ducting) and water heater. While the kitchen and bathrooms retain their original 1970s cabinetry and layout, they have been refreshed with brand new quartz countertops, stainless steel appliances, and fresh paint. The home features brand new laminate flooring throughout and recent roof repairs, making it functional and move-in ready despite the older 'bones'.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Santiago Hills Elementary School (9/10). Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
- Prime Location & Amenities
Situated in the prestigious Northwood community, this home is directly across from HOA amenities including a pool, spa, and tennis courts, and is zoned for top-tier Irvine Unified schools like Northwood High.
- Extensive Recent Upgrades
Over $100,000 has been invested in high-value improvements, including a brand-new HVAC system, new water heater, roof repairs, fresh interior/exterior paint, and updated quartz countertops.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Mostly Original Condition
While clean and functional, the home is described as being in mostly original condition, which may necessitate additional capital for modernizing bathrooms and other 1970s-era finishes.
- Extended Market Time
With over 90 days on the market and multiple significant price reductions from the original $2.5M list price, the property has struggled to find a value match in the current market.
About 16 Alegria
Don't miss your chance to call this house "your home"! One of the very best floorplans in all of Northwood in a great location directly across from Woodside HOA amenities! BREAKING NEWS: brand new stainless steel vent hood and 5-burner cooktop installed today! This 4 bedroom, 3 bathroom home with large bonus room, primary retreat and a great room across the back of the house could be 6 bedrooms! This home has an extra-large grassy backyard which has been newly landscaped and is ready for you to make it your own. The formal living room is bright and sunny with large windows and cathedral ceilings and is adjacent to the dining room. The great room overlooks the backyard and has an updated kitchen with a breakfast bar, brand new quartz countertops, stainless steel sink, brand new recessed lighting; a cozy breakfast area; a spacious walk-in pantry; and a large family room with a fireplace and built-in bookcases. The downstairs bedroom and bathroom make a perfect guest suite or office. Upstairs, the primary suite includes the spacious primary bedroom with fireplace, a retreat with built-in desk (which could be a 5th bedroom), a large walk-in closet and a primary bathroom with oval tub and separate shower with new barn-style door, and a large vanity with double sinks. The two secondary bedrooms share a bathroom with with double sinks and tub/shower. The bonus room has cathedral ceilings and is light and bright. A long time rental, this house has had over $100,000 in improvements just completed for you: Brand new light-color wood-like laminate flooring; brand new wood double front doors with windows letting in the light; brand new HVAC system - heater, air conditioner, condenser and ducting; brand new water heater; brand new exterior and interior paint including all kitchen and bathroom cabinetry; brand new roll-up garage door with windows; just completed roof repairs, wood repairs/replacement, and fumigation. There is a 2-car garage with a brand new garage door with windows and painted floor. HOA amenities include pool, spa, 2 tennis courts, barbecue center with outdoor eating area, tot lot right are all right across the street so you will enjoy them all year round; and there are trails throughout the neighborhood directly next to this property. Attend excellent Irvine Schools - award-winning Northwood High, Sierra Vista Middle and Santiago Hills Elementary. Home is in mostly original but clean condition. No Mello Roos. Original list price was $,2150,000
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 5,150 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $150.0 / Month
Neighborhood Insights
Irvine Unified Schools
Santiago Hills Elementary School
Grades K-6 • 0.4 mi
9/10
Hicks Canyon Elementary School
Grades PK-5 • 0.6 mi
8/10
Canyon View Elementary School
Grades K-6 • 0.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,864 | 2,517 |
| Lot Size | 5,150 | 4,991 |
| Price | $2.00M | $2.12M |
| Price per sq ft | $698 | $868 |
| Built year | 1977 | 1999 |
| HOA | $150.0 | $193 |
| Days on market | 105 | 53 |
Pricing History
Listed for Sale
Jul 30, 2026
$1,998,800
$2,079,000
-4% Price Drop
Initial Listing
Price Change
Jun 27, 2026
$2,079,000
$2,150,000
-3% Price Drop
Initial Listing
Price Change
May 30, 2026
$2,150,000
Initial Listing
Price Change
May 27, 2026
$2,500,000
Initial Listing