21 Gramercy 102, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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Irvine, California 92612
This Spacious Main Floor Residence is a Strong Value Opportunity, listed at $925,000—positioned well below the $941,306 Fair Market Value by 1.7%. This valuation gap offers $16,306 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring a functional kitchen and move-in ready interiors. Located in the Belvedere community, it offers resort-style amenities and a prime Irvine location. This is an ideal acquisition for Owner-Occupants seeking luxury, low-maintenance living or first-time buyers prioritizing convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21 Gramercy 102 Subject | $925,000* List Price | 2 | 2 | 1,474 | $649 | - |
A 21 Gramercy 208 Sold | $890,000 | 2 | 2 | 1,583 | $562 | 0.0 mi |
B 21 Gramercy 410 Sold | $915,000 | 2 | 2 | 1,583 | $578 | 0.0 mi |
C 3141 Michelson 508 Sold | $1,165,000 | 2 | 2 | 1,520 | $766 | 0.3 mi |
D 3131 Michelson Drive 503 Sold | $1,085,000 | 2 | 2 | 1,583 | $685 | 0.3 mi |
E 3141 Michelson 1306 Sold | $1,025,000 | 2 | 2 | 1,367 | $750 | 0.3 mi |
F 1434 Scholarship Sold | $810,000 | 2 | 2 | 1,274 | $636 | 0.5 mi |
G 3131 Michelson Drive 606 Sold | $873,000 | 2 | 2 | 1,330 | $656 | 0.3 mi |
H 3131 Michelson Drive 706 Sold | $850,000 | 2 | 2 | 1,330 | $639 | 0.3 mi |
I 3131 Michelson Drive 507 Active | $965,000 List Price | 2 | 2 | 1,492 | $647 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), the property falls within the 10-20 year age bracket. It is well-maintained and move-in ready with a functional kitchen featuring stainless steel appliances and granite countertops, and clean, updated bathrooms.
Offering a generous 1,474 square feet, this rare main-floor residence features high ceilings and an open-concept design that provides a sense of scale and accessibility often missing in standard condominium living.
Located in the prestigious Belvedere community at Central Park West, residents enjoy high-end amenities including a state-of-the-art fitness center, multiple pools, and secure, well-maintained communal spaces.
The property is ideally situated in the heart of Irvine's airport area, providing immediate access to John Wayne Airport, major freeways, and premium shopping and dining destinations.
The monthly association fee of $744.58 is significant and may impact the overall affordability and debt-to-income ratio for potential buyers.
Despite the Irvine address, the property is located within the Santa Ana Unified School District, which may be perceived as less desirable compared to the neighboring Irvine Unified School District.
Luxury meets convenience in this spacious first-floor residence in Irvine's sought-after Central Park West community. Offering nearly 1,500 square feet of single-level living, this 2-bedroom, 2-bath home features an open-concept layout, high ceilings, abundant natural light, and an oversized primary suite. Enjoy resort-style amenities including pools, fitness center, pickleball, basketball courts, and beautifully maintained grounds, all just minutes from John Wayne Airport, premier shopping, dining, and Orange County's best beaches.
No exterior & parking available.
Grades K-5 • 2.9 mi
Grades 6-8 • 3.8 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,474 | 1,772 |
| Lot Size | 65,626 | 46,724 |
| Price | $925.0K | $1.27M |
| Price per sq ft | $628 | $753 |
| Built year | 2007 | 2014 |
| HOA | $744.58 | $296 |
| Days on market | 51 | 60 |
Jun 1, 2026
$925,000
Initial Listing
Mar 19, 2025
$958,000
Public Record
Apr 4, 2018
$678,000
Public Record
Sep 4, 2015
$610,000
Public Record
May 26, 2011
$455,000
Public Record