172 Palencia, Irvine, California 92618, Irvine, 92618 - 2 bed, 3 bath
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Irvine, California 92618
This luxury detached home in Irvine's Travata community is a Strong Value Opportunity, listed at $1,688,000—positioned well below the $1,783,317 Fair Market Value by 5%. This valuation gap provides $95,317 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a chef’s kitchen with granite island, 10-foot ceilings, and a seamless California Room for indoor-outdoor living. Located within the prestigious Irvine Unified district, this turnkey property offers resort-style amenities. It is an exceptional choice for Active Seniors or Owner-Occupants seeking a high-end, low-maintenance lifestyle.
Property is new construction or fully renovated.
Built in 2017, this home is well within the 10-year threshold for excellent condition and shows like a model home. It features a modern chef's kitchen with high-end stainless steel appliances, granite countertops, and designer pendant lighting. The interior boasts contemporary wide-plank flooring, 10-foot ceilings, and premium features such as stacking glass doors leading to a California Room and a garage equipped with custom storage and an EV charging station. All systems and finishes appear virtually new with no signs of wear or deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11495, living area = 1888.
Built in 2017, this home features a contemporary open-concept design highlighted by 10-foot ceilings and a seamless transition to a covered California Room via stacking doors, perfect for the Irvine climate.
Located in the exclusive Travata gated community, residents have access to world-class facilities including a saltwater pool, fitness center, pickleball courts, and a grand clubhouse, fostering an active social lifestyle.
As a 55+ senior living community, the property has a restricted buyer pool, which limits the market to a specific age group and may impact future resale velocity.
With only two formal bedrooms, the home may feel undersized for buyers at this price point who require additional dedicated guest rooms or permanent space for live-in assistance.
Welcome to 172 Palencia, a beautiful free-standing home with no common walls in the elegant and highly desirable 55+ gated community of Travata in Irvine. This home has been extensively upgraded to make every day living a joy. Through the entry is a light-filled great room with soaring ten foot ceilings and lovely multi-colored flowers blooming outside every window. The chef’s kitchen features upscale appliances, a spacious granite island with multiple seating and stunning hanging lights, and a nearby dining area. The living room opens to a covered open-air California Room through screened, stacking doors that bring the outside in. The main floor has two bedrooms: a large primary suite with an ensuite soaking tub, walk-in shower, dual vanities and huge walk-in closet; and a second sizeable bedroom adjacent to a bathroom with a walk-in shower. A convenient laundry room with storage completes the main floor. Upstairs is a spacious, light-filled bonus room and half bath that offer unlimited options for a third sleeping area, family room and/or home office. The California Room with lighting and dual fans creates a private, comfortable year-round haven for lounging and entertaining, overlooking lovely fully-irrigated and low maintenance landscaping. The two-car garage is any homeowner’s dream of enclosed custom storage cabinets on all sides, as well as an overhead storage rack and EV 220v charging station. A second refrigerator is included in the garage. The elegance of the Travata clubhouse and grounds is unmatched, with its welcoming lounges, meeting and activity rooms, fitness center, grand pool, spa, fire pit, outdoor BBQ area, billiard table, pickleball and bocce courts, and much more. The community offers a wide selection of activities and classes for a fulfilling and active lifestyle. The Woodbury Shopping Center is less than two miles away, with Ralph’s, Trader Joe’s, Home Depot, and many other shops, banks and dining options. Major medical facilities are also within two miles. Come and see this exceptional home and community for yourself!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 3.0 | 4.0 | 37% |
| Square foot | 1,888 | 2,912 | 9% |
| Lot Size | 11,495 | 4,873 | 89% |
| Price | $1.69M | $2.30M | 18% |
| Price per sq ft | $894 | $810 | 71% |
| Built year | 2017 | 2019 | 33% |
| HOA | $320.0 | $260 | 78% |
| Days on market | 21 | 212 | 1% |
Apr 1, 2026
$1,688,000
Initial Listing
Feb 14, 2024
$1,545,000
Public Record
Dec 16, 2020
$1,082,000
Public Record