163 Summerland, Irvine, California 92602, Irvine, 92602 - 4 bed, 5 bath

163 Summerland, Irvine, California 92602 home-pic-0
ACTIVE$4,680,000$3,286/sqft
Est. Value: $4,233,927
-9%
AboveEstimate
163 Summerland, Irvine, California 92602
4Beds
5Baths
3,286Sqft
4,497Lot

Price Vs. Estimate

The estimated value ($4,233,927.02) is $446,072.98 (9%) lower than the list price ($4,680,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views & Prime Location: The property offers exceptional backyard views, situated at the highest point of Reserve at Orchard Hills, surrounded by unspoiled open spaces, enhancing its exclusivity and appeal.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4497, living area = 3286.

Compared to the nearby listings

Price:$4.68M vs avg $2.79M (+$1,886,000)87%
Size:3,286 sqft vs avg 3,096 sqft60%
Price/sqft:$1.4K vs avg $95895%

More Insights

Built in 2019 (7 years old).
Condition: This property was built in 2019, making it only 5 years old, which falls well within the 'newly built' criteria for an excellent rating. The description highlights 'upgraded kitchens and baths' and 'fine wood flooring and cabinetry.' The images confirm a pristine, modern aesthetic throughout, featuring high-end stainless steel appliances, contemporary cabinetry, quartz countertops, stylish backsplashes, and modern fixtures in both kitchens and bathrooms. Flooring is a mix of large format tile and light-colored engineered wood, all appearing new. There is no visible wear and tear, and all components meet current quality standards.
Year Built
2019
Close
-
List price
$4.68M
Original List price
$4.68M
Price/Sqft
$1,424
HOA
$359
Days on market
-
Sold On
-
MLS number
OC26006877
Home ConditionExcellent
Features
Excellent View: Neighborhood
Patio
ViewNeighborhood

About this home

View! View! View! Discover the rare backyard view home in Reserve Orchard Hills, featuring the expansive Terra Plan 3, the largest and best model in the Terra. This luxurious residence boasts four bedrooms and four and a half bathrooms across 3,286 square feet. Nestled in Irvine Pacific's newest gated village, it occupies a coveted location surrounded by unspoiled open spaces at the highest point of Reserve at Orchard Hills. The home with high ceilings and a California Great Room with panoramic sliding doors. It includes a first-floor suite with a living area and small kitchen, an outdoor living space, a built-in refrigerator, and upgraded kitchens and baths. Fine wood flooring and cabinetry add to the home's numerous upscale enhancements. Residents have access to community amenities such as pools, parks, hiking trails, and sports courts. The Reserve at Orchard Hills provides resort-like recreation, proximity to acclaimed Irvine Unified Schools like Northwood High School, and the convenience of nearby Orchard Hills Shopping Center.

T
Tony Yang
Listing Agent

Price History

Date
Event
Price
06/24/25
Sold
$4,292,500
06/15/20
Sold
$2,011,000
Condition Rating
Excellent

This property was built in 2019, making it only 5 years old, which falls well within the 'newly built' criteria for an excellent rating. The description highlights 'upgraded kitchens and baths' and 'fine wood flooring and cabinetry.' The images confirm a pristine, modern aesthetic throughout, featuring high-end stainless steel appliances, contemporary cabinetry, quartz countertops, stylish backsplashes, and modern fixtures in both kitchens and bathrooms. Flooring is a mix of large format tile and light-colored engineered wood, all appearing new. There is no visible wear and tear, and all components meet current quality standards.
Pros & Cons

Pros

Panoramic Views & Prime Location: The property offers exceptional backyard views, situated at the highest point of Reserve at Orchard Hills, surrounded by unspoiled open spaces, enhancing its exclusivity and appeal.
Luxurious & Upgraded Interiors: Boasting high ceilings, upgraded kitchens and baths, fine wood flooring, and cabinetry, the residence features numerous upscale enhancements throughout.
Flexible & Spacious Floor Plan: As the expansive Terra Plan 3, the largest model, it offers 3,286 sqft with 4 beds and 4.5 baths, including a versatile first-floor suite with a living area and small kitchen.
Exclusive Gated Community & Amenities: Located in Irvine Pacific's newest gated village, Reserve at Orchard Hills provides resort-like recreation with access to pools, parks, hiking trails, and sports courts.
Acclaimed School District & Convenient Access: The home is zoned for acclaimed Irvine Unified Schools, including Northwood High School, and is conveniently close to the Orchard Hills Shopping Center.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4497, living area = 3286.
Recently Sold Property: The property was recently sold within the past year on 2025-06-24. The sold price is $4,292,500.00.
Premium Price Point: The list price of $4.68 million places this property in a very high-end luxury market segment, which may limit the potential buyer pool.
Significant Monthly HOA Dues: A monthly association fee of $359 adds a notable recurring cost to homeownership, which buyers will need to factor into their budget.
Limited Lot Size: With a 4,497 sqft lot for a 3,286 sqft home, the outdoor living space may be relatively compact, potentially not meeting the expectations of buyers seeking a larger private yard.
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