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164 Creation, Irvine, California 92618, Irvine, 92618 - 5 bed, 5 bath

164 Creation, Irvine, California 92618 home-pic-0
ACTIVE$2,999,000
164 Creation, Irvine, California 92618
5Beds
5Baths
3,627Sqft
4,567Lot

Price Vs. Estimate

The estimated value ($2,897,067.775) is $101,932.225 (3%) lower than the list price ($2,999,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Luxury Builder: Built in 2025 by Toll Brothers, a reputable luxury builder, guaranteeing modern design, quality construction, and contemporary features.
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 = 4567, living area = 3627.

Compared to the nearby listings

Price:$3.00M vs avg $2.30M (+$699,500)78%
Size:3,627 sqft vs avg 2,781 sqft83%
Price/sqft:$827 vs avg $83546%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand new construction, built in 2025, by a luxury builder (Toll Brothers). It features a gourmet kitchen with high-end WOLF appliances and a Sub-Zero refrigerator, along with designer-selected finishes throughout. All components are new, meeting current quality standards, and there is no deferred maintenance. The 5 bathrooms are also expected to be new and modern, consistent with the overall luxury new build.
Year Built
2025
Close
-
List price
$3M
Original List price
$3.13M
Price/Sqft
$827
HOA
$260
Days on market
-
Sold On
-
MLS number
OC25039264
Home ConditionExcellent
Features
Deck
View-

About this home

Welcome to Elevate, a luxurious Toll Brothers new community in Great Park Neighborhoods, Irvine! This stunning 5-bedroom, 5-bath home- Melina Floor Plan offers 3,627 sq. ft. of living space with no direct rear neighbors. Highlights include a soaring 2-story primary bedroom, 20' ceiling in the great room, a gourmet kitchen with WOLF appliances, a Sub-Zero refrigerator, and designer-selected finishes throughout. Solar System included- purchased. The innovative floor plan design features two stories living plus a 3rd-floor bonus loft with a deck, large bedroom, and full bath—perfect for entertaining or a private retreat. Ideally located within walking distance to Cadence Park School (K-8) and Portola High School, and adjacent to the new Great Park Framework with trails, lakes, a museum, and more. Easy access to freeways and shopping.

Condition Rating
Excellent
This property is a brand new construction, built in 2025, by a luxury builder (Toll Brothers). It features a gourmet kitchen with high-end WOLF appliances and a Sub-Zero refrigerator, along with designer-selected finishes throughout. All components are new, meeting current quality standards, and there is no deferred maintenance. The 5 bathrooms are also expected to be new and modern, consistent with the overall luxury new build.
Pros & Cons

Pros

New Construction & Luxury Builder: Built in 2025 by Toll Brothers, a reputable luxury builder, guaranteeing modern design, quality construction, and contemporary features.
Premium Interior Finishes: Features a gourmet kitchen equipped with WOLF appliances and a Sub-Zero refrigerator, complemented by designer-selected finishes throughout the home.
Innovative & Versatile Floor Plan: Offers a unique 3-story layout with a 3rd-floor bonus loft, deck, large bedroom, and full bath, providing flexible living and entertaining spaces.
Exceptional Location & Schools: Located in the highly sought-after Great Park Neighborhoods, within walking distance to top-rated Cadence Park School (K-8) and Portola High School.
Energy Efficiency & Privacy: Includes a purchased solar system for reduced energy costs and benefits from having no direct rear neighbors, enhancing privacy.

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 = 4567, living area = 3627.
High Association Fees: The monthly association fee of $260 adds a significant recurring cost to homeownership, which can impact affordability.
No Explicit Cooling System Mentioned: The property description does not explicitly state the presence of a cooling system (e.g., central air conditioning), which is a critical feature for comfort in Irvine's climate.
Initial Price Adjustment: The property's list price has been reduced from an original $3.125M to $2.999M, potentially indicating an initial overestimation of market value or a slower absorption at this premium price point.

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