16 Alegria, Irvine, California 92620, Irvine, 92620 - 5 bed, 3 bath
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Irvine, California 92620
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $2,150,000—positioned well below the $2,197,241 Fair Market Value by 2%. This valuation gap offers $47,241 in Instant Equity. Featuring a Condition Rating of 3, the home includes $100,000 in recent upgrades, including a new HVAC system and quartz kitchen finishes. Located in the top-tier Irvine Unified School District near Northwood High, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16 Alegria Subject | $2,079,000* List Price | 5 | 3 | 2,864 | $718 | - |
A 28 Alondra Sold | $1,908,000 | 5 | 3 | 2,399 | $795 | 0.1 mi |
B 15 Blue Ridge Sold | $2,189,888 | 5 | 3 | 2,717 | $806 | 0.7 mi |
C 3 Heatherwood Sold | $2,361,000 | 5 | 4 | 2,804 | $842 | 0.3 mi |
D 13 Recodo Sold | $2,000,000 | 4 | 3 | 3,264 | $613 | 0.6 mi |
E 13802 Margene Sold | $2,255,000 | 5 | 4 | 2,774 | $813 | 0.9 mi |
F 4 Carson Sold | $1,650,000 | 4 | 3 | 2,586 | $638 | 1.0 mi |
G 53 Oakhurst Sold | $2,250,000 | 4 | 4 | 2,584 | $871 | 0.4 mi |
H 21 Wedgewood Active | $2,099,900 List Price | 5 | 3 | 2,779 | $756 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1977 and retains original cabinetry and bathroom tile, it has undergone $100,000 in recent improvements. Key systems are brand new, including the HVAC (heater, AC, condenser, and ducting) and water heater. With new quartz countertops, fresh paint, and new wood-like laminate flooring, the property is well-maintained and move-in ready.
Elementary School: Santiago Hills Elementary School (9/10). Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
Situated in the highly sought-after Northwood community, this home is directly across from premium HOA amenities and offers access to top-tier Irvine Unified schools, including Northwood High and Sierra Vista Middle.
The property features over $100,000 in recent upgrades, including a brand-new HVAC system, new water heater, quartz countertops, fresh interior/exterior paint, and updated laminate flooring, ensuring major systems are turn-key.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Despite recent surface-level improvements, the home is described as being in mostly original condition, which may require additional remodeling to meet modern aesthetic preferences.
Having served as a long-term rental property, the home may possess underlying wear and tear typical of non-owner-occupied residences that cosmetic refreshes might not fully address.
Reduced to sell now! A wonderful place to call home! One of the very best floorplans in all of Northwood in a great location directly across from Woodside HOA amenities! 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 or even 7! 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, and 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, two 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 walking 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. (price was incorrect - this is not a price reduction)
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades PK-5 • 0.6 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,864 | 2,486 |
| Lot Size | 5,150 | 4,950 |
| Price | $2.08M | $2.08M |
| Price per sq ft | $726 | $872 |
| Built year | 1977 | 1999 |
| HOA | $150.0 | $190 |
| Days on market | 56 | 50 |
Jun 27, 2026
$2,079,000
$2,150,000
-3% Price Drop
Initial Listing
May 30, 2026
$2,150,000
Initial Listing
May 27, 2026
$2,500,000
Initial Listing