
Irvine, California 92618
This New Construction Condominium is a Strong Value Opportunity, listed at $1,483,000—positioned well below the $1,486,747 Fair Market Value by 0.25%. This property offers $3,747 in Instant Equity. Featuring a Modern Chef-Inspired Kitchen and a Versatile First-Floor Office, the home maintains an Excellent Condition Rating with 2027 completion. Located in the prestigious Irvine Unified School District, it provides a premium lifestyle near the Great Park. This is an ideal acquisition for Owner-Occupants or Professional Couples seeking a turnkey, high-end residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 160 Palisades Subject 3 bd · 4 ba · 1,972 sqft · $754 | $1,483,000* List Price | 3 | 4 | 1,972 | $754 | - |
A 123 Cadence Sold 3 bd · 4 ba · 2,036 sqft · $530 · 1.0 mi | $1,080,000 | 3 | 4 | 2,036 | $530 | 1.0 mi |
B 214 Maricopa Sold 3 bd · 3 ba · 2,133 sqft · $756 · 0.6 mi | $1,612,403 | 3 | 3 | 2,133 | $756 | 0.6 mi |
C 124 Holly Springs Sold 4 bd · 4 ba · 1,806 sqft · $890 · 0.4 mi | $1,608,000 | 4 | 4 | 1,806 | $890 | 0.4 mi |
D 173 Great Park Boulevard Sold 4 bd · 3 ba · 2,323 sqft · $783 · 0.7 mi | $1,820,000 | 4 | 3 | 2,323 | $783 | 0.7 mi |
E 95 Interval Sold 4 bd · 3 ba · 2,323 sqft · $818 · 0.8 mi | $1,899,990 | 4 | 3 | 2,323 | $818 | 0.8 mi |
F 723 Spring Garden Sold 3 bd · 3 ba · 1,706 sqft · $692 · 0.6 mi | $1,180,000 | 3 | 3 | 1,706 | $692 | 0.6 mi |
G 131 Okra Sold 3 bd · 3 ba · 1,934 sqft · $760 · 0.6 mi | $1,470,000 | 3 | 3 | 1,934 | $760 | 0.6 mi |
H 172 Palisades Active 4 bd · 4 ba · 2,137 sqft · $787 · 0.0 mi | $1,682,000 List Price | 4 | 4 | 2,137 | $787 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction property with a 2027 completion date. It features a modern chef-inspired kitchen with high-end finishes, brand-new systems, and mint condition throughout.
The Poppi floorplan includes a dedicated first-floor office with a full bathroom, offering excellent flexibility for remote work or a private guest suite.
Situated in the highly sought-after Great Park community, the property provides immediate access to world-class sports facilities, parks, and the prestigious Irvine Unified School District.
The second level features a chef-inspired kitchen with a walk-in pantry and an expansive covered balcony, creating a seamless flow for indoor-outdoor living.
With an estimated completion date in Spring 2027, buyers must navigate a long lead time, which introduces risks regarding future interest rates and housing market shifts.
The monthly association fee of $560 is relatively high for a condominium, increasing the total monthly carrying cost for the homeowner.
Welcome to the Elm Collection, a new community located in Great Park, which is close to Great Park Ice and the Great Park Sports. Homesite 51 is a new construction home that is situated in an interior location within the community. The Poppi floorplan features 3 bedrooms, 1 office, with 3.5 bathrooms, and is 1,972 sq. ft, with a 2-car garage. Upon entering the home, you are welcomed by an expansive two-story foyer and generous size office with a full bath on the first level. On the second level, you will see a chef inspired kitchen complete with generous counterspace, ample cabinetry, and a walk-in pantry with an open floor plan. Sliding doors on the second level open to a large, covered balcony. The third level offers a spacious primary suite with a luxurious ensuite bath and walk in closet and dual vanities. There are two additional well sized bedrooms, a full secondary bath, and a dedicated laundry room. Located in a desirable community close to shopping, dining, and the 5 freeway. Homesite 51 is under construction and has an estimated completion of Spring 2027. Disclaimer for photos being from the model.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,972 | 1,685.105 |
| Lot Size | - | 42,358.594 |
| Price | $1.48M | $1.21M |
| Price per sq ft | $752 | $740 |
| Built year | 2027 | 2010 |
| HOA | $560.0 | $280 |
| Days on market | 61 | 61 |
Aug 25, 2026
$1,483,000
Initial Listing
Aug 24, 2026
$2,050,000
Public Record
Apr 22, 2022
$1,725,000
Public Record
May 31, 2018
$1,177,500
Public Record