162 Perpective, Irvine, California 92618, Irvine, 92618 - 4 bed, 4 bath

162 Perpective, Irvine, California 92618 home-pic-0
ACTIVE$2,100,000
162 Perpective, Irvine, California 92618
4Beds
4Baths
2,879Sqft
107,993Lot

Price Vs. Estimate

The estimated value ($1,814,869.86) is $285,130.14 (13%) lower than the list price ($2,100,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 107993, living area = 2879.
Top Cons:
High List Price Relative to Market Value: The current list price of $2.1M is notably higher than the estimated property value ($1.81M) and a very similar recently sold comparable ($1.93M), suggesting it may be overpriced for the current market.

Compared to the nearby listings

Price:$2.10M vs avg $2.28M ($-184,500)39%
Size:2,879 sqft vs avg 2,781 sqft56%
Price/sqft:$729 vs avg $83518%

More Insights

Built in 2019 (6 years old).
Condition: This property was built in 2019, making it only 5 years old. The description highlights it as a 'contemporary beautiful home' with a 'gourmet kitchen with modern appliances and easy-to-use cabinet drawers' and 'upgraded wood flooring.' Based on the built year and description, the kitchen and bathrooms are expected to feature modern designs, fixtures, and finishes, consistent with recent construction. All components are virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
Year Built
2019
Close
-
List price
$2.1M
Original List price
$2.15M
Price/Sqft
$729
HOA
$240
Days on market
-
Sold On
-
MLS number
OC25078036
Home ConditionExcellent
Features
Good View: Trees/Woods
Deck
Patio
ViewTrees/Woods

About this home

Welcome to this contemporary beautiful home is situated in a highly sought-after location renowned for its beautiful neighborhoods, Irvine Great Park, exceptional Irvine schools, and convenient access to various amenities and entertainment options. It boasts a generous living space of 2879 square feet, Built in 2019, featuring 4 bedrooms with 3.5 bathrooms, Private balcony, a 2-car attached garage with direct access, and upgraded wood flooring in the luxury in Living room, Kitchen and carpet in bedrooms. As you enter the home, you are welcomed by front entry Door face to street, and on the first floor, offers wood flooring throughout the bright and spacious living room, a large sliding door that leads to a side yard, individual dining area, and a gourmet kitchen with modern appliances and easy-to-use cabinet drawers. The master bedroom has private balcony that you can come out to enjoy the beautiful green belt view. On the third floor there is huge size multi functional room or Loft area would be kids play area or study office, with natural light and air in, the laundry room are conveniently located on the Second level. This immaculate home is situated in The Great Park within walking distance to Solis Park K-8, Portola High School, Community Pool/Club entertainment area, kids-playgrounds, convenience location, short drive distance to Five Points Amphitheater, Irvine Spectrum, John Wayne Airport, Hwy 5, 133, 261 and 241, making it an absolute must-see property.

Nearby schools

9/10
Portola Springs Elementary
Public,K-61.3mi
7/10
Rancho Canada Elementary School
Public,K-63.4mi
7/10
Cypress Village Elementary
Public,K-63.8mi
9/10
Jeffrey Trail Middle
Public,7-82.1mi
6/10
Serrano Intermediate School
Public,7-84.0mi
9/10
Irvine High School
Public,9-123.4mi
9/10
Northwood High School
Public,9-123.4mi
7/10
El Toro High School
Public,9-124.0mi
Condition Rating
Excellent

This property was built in 2019, making it only 5 years old. The description highlights it as a 'contemporary beautiful home' with a 'gourmet kitchen with modern appliances and easy-to-use cabinet drawers' and 'upgraded wood flooring.' Based on the built year and description, the kitchen and bathrooms are expected to feature modern designs, fixtures, and finishes, consistent with recent construction. All components are virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 107993, living area = 2879.
Great Schools: Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
Prime Location & Community Amenities: Situated in the highly sought-after Irvine Great Park, offering walking distance to top-rated schools (Solis Park K-8, Portola High School), community pools, playgrounds, and convenient access to major freeways, entertainment, and shopping.
New Construction & Modern Design: Built in 2019, this contemporary home features a modern aesthetic, upgraded wood flooring, a gourmet kitchen with modern appliances, and easy-to-use cabinet drawers.
Spacious & Versatile Living: Generous living space of 2879 sqft with 4 bedrooms, 3.5 bathrooms, and a huge multi-functional loft area on the third floor, providing flexibility for various uses like a kids' play area or home office.
Top-Rated School District: Located within the exceptional Irvine Unified School District, a significant draw for families seeking quality education.
Private Outdoor Spaces & Green Belt View: Features a private balcony off the master bedroom and a side yard, offering outdoor enjoyment and a beautiful green belt view.

Cons

High List Price Relative to Market Value: The current list price of $2.1M is notably higher than the estimated property value ($1.81M) and a very similar recently sold comparable ($1.93M), suggesting it may be overpriced for the current market.
Ongoing Association Fees: The property incurs a monthly association fee of $240, which adds to the overall cost of homeownership.
Limited Private Outdoor Space: As is common in master-planned communities like Great Park, the individual lot size is likely smaller, offering limited private yard space beyond the mentioned side yard and balcony.

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