
Irvine, California 92618
This Stunning Model Home at Olivewood in Portola Springs is a premium Single Family Residence listed at $2,994,990, reflecting its status as a professionally curated, turnkey property. While priced above the $2,654,158 Fair Market Value, the home offers an Excellent Condition Rating with high-end finishes and no maintenance requirements. Residents enjoy a premier lot with Hill Views and walkability to Loma Ridge Elementary within the Irvine Unified School District. This property is an ideal sanctuary for discerning luxury buyers or families seeking a sophisticated, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 207 Mistwater Subject | $2,994,990* List Price | 4 | 3 | 2,870 | $925 | - |
A 112 Oakstone Sold | $2,400,000 | 4 | 3 | 2,980 | $805 | 0.1 mi |
B 311 Brimwood Sold | $2,350,000 | 4 | 3 | 2,937 | $800 | 0.1 mi |
C 218 Geyser Sold | $2,310,000 | 4 | 5 | 2,967 | $779 | 0.6 mi |
D 109 Oakstone Sold | $3,030,000 | 4 | 3 | 2,980 | $1,017 | 0.1 mi |
E 100 Bright Star Sold | $2,800,000 | 4 | 5 | 3,061 | $915 | 0.5 mi |
F 109 Escala Sold | $2,240,000 | 4 | 4 | 2,704 | $828 | 0.1 mi |
G 246 Canterbury Active | $2,480,000 List Price | 4 | 4 | 2,524 | $983 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2025 model home in mint condition. As new construction, all systems (HVAC, electric) and the kitchen/bathrooms feature the latest premium finishes and technology, requiring zero maintenance.
As a professionally curated model home, this property features premium interior finishes, high-end furnishings, and expert landscaping, offering a completely turnkey luxury experience.
The home is situated on a superior lot with no rear neighbors, providing enhanced privacy and scenic views of the surrounding hills and community parks.
Located within the prestigious Irvine Unified School District, the property offers excellent educational value and walkability to the highly-rated Loma Ridge Elementary.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4009, other record lot size in square feet = 3721. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2870, other record living area = 2949.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4009, living area = 2870.
The list price reflects a significant premium for model upgrades and furnishings, resulting in a high price-per-square-foot that may challenge local market comparables.
MODEL HOME FOR SALE at Olivewood by Risewell Homes in Portola Springs. One of the final opportunities to purchase this Residence 1 floorplan showcasing exceptional interior finishes, furnishings and exterior landscaping, on a premier lot with no rear neighbors overlooking nearby parks and amenities. Versatile floorplan offers desirable main floor bed/bath, dramatic Great Room/Kitchen/Dining areas flowing to backyard views, with spacious secondary Beds, Loft and Laundry Room opposite a private Primary Suite once upstairs. Located in the scenic Portola Springs community with the foothills serving as a majestic backdrop, Olivewood residents enjoy access to over 15 resort-style parks, coveted Irvine Unified schools—including walkability to Loma Ridge Elementary—and miles of nearby hiking and biking trails. This is a rare chance to secure a beautifully crafted home with premium features and value. Builder concessions available, MOVE IN READY.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 43% |
| Square foot | 2,870 | 2,833 | 50% |
| Lot Size | 4,009 | 5,074.5 | 35% |
| Price | $2.99M | $2.29M | 79% |
| Price per sq ft | $1.0K | $807 | 92% |
| Built year | 2025 | 2019 | 74% |
| HOA | $190.0 | $240 | 24% |
| Days on market | 29 | 184 | 3% |
May 16, 2026
$2,994,990
Initial Listing