
Irvine, California 92618
This New Construction Condominium represents a High-Potential Investment Opportunity, listed at $1,682,000—positioned well below the $1,740,512 Fair Market Value by 3%. This valuation gap offers $58,512 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this Vinca floorplan includes a chef-inspired kitchen and a large covered balcony. Located in the prestigious Great Park community within the Irvine Unified school district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 172 Palisades Subject 4 bd · 4 ba · 2,137 sqft · $814 | $1,682,000* List Price | 4 | 4 | 2,137 | $814 | - |
A 160 Palencia Sold 4 bd · 4 ba · 2,466 sqft · $831 · 0.0 mi | $2,050,000 | 4 | 4 | 2,466 | $831 | 0.0 mi |
B 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 |
C 95 Interval Sold 4 bd · 3 ba · 2,323 sqft · $818 · 0.7 mi | $1,899,990 | 4 | 3 | 2,323 | $818 | 0.7 mi |
D 123 Campion Sold 4 bd · 3 ba · 2,420 sqft · $755 · 0.8 mi | $1,827,713 | 4 | 3 | 2,420 | $755 | 0.8 mi |
E 214 Maricopa Sold 3 bd · 3 ba · 2,133 sqft · $756 · 0.7 mi | $1,612,403 | 3 | 3 | 2,133 | $756 | 0.7 mi |
F 129 Campion Sold 3 bd · 3 ba · 2,410 sqft · $876 · 0.8 mi | $2,112,102 | 3 | 3 | 2,410 | $876 | 0.8 mi |
G 101 Sawtelle Pending 4 bd · 4 ba · 2,281 sqft · $767 · 0.6 mi | $1,749,000 List Price | 4 | 4 | 2,281 | $767 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction home with an estimated completion in 2027. It features brand-new systems, a modern chef-inspired kitchen, and high-end finishes in mint condition, meeting all criteria for the excellent rating.
As a brand-new Toll Brothers build in a desirable corner location, the home offers contemporary design, energy efficiency, and a versatile floor plan featuring a convenient ground-floor bedroom suite.
Situated in the highly sought-after Great Park community, residents benefit from proximity to world-class sports facilities, top-rated Irvine Unified schools, and easy access to major dining and transportation hubs.
The second level features a chef-inspired kitchen with an open-concept layout that flows seamlessly onto a large covered balcony, creating an ideal environment for indoor-outdoor living and entertaining.
With an estimated completion date in Spring 2027, this property is not suitable for buyers requiring immediate occupancy or those concerned about long-term interest rate fluctuations.
The $560 monthly association fee represents a significant recurring expense that, when combined with the premium list price, may impact overall affordability for some buyers.
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 48 is a new construction home that is situated in a corner location within the community. The Vinca floorplan features 4 bedrooms, with 3.5 bathrooms, and is 2,137 sq. ft, with a 2-car garage. Upon entering the home, you are welcomed by an expansive foyer and secondary bedroom 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 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 48 is under construction and has an estimated completion Spring 2027. Photos provided are of the Vinca Model at the Elm Collection.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.7 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,137 | 1,685.105 |
| Lot Size | - | 42,358.594 |
| Price | $1.68M | $1.21M |
| Price per sq ft | $787 | $740 |
| Built year | 2026 | 2010 |
| HOA | $560.0 | $280 |
| Days on market | 37 | 61 |
Sep 18, 2026
$1,682,000
Initial Listing
May 6, 2026
$1,690,000
Public Record
Feb 14, 2024
$1,545,000
Public Record
Dec 16, 2020
$1,082,000
Public Record