21 Gramercy 202, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
21 Gramercy 202
Irvine, California 92612
Property Price
SUMMARY
Analysis of 21 Gramercy 202, Irvine, California 92612 is currently available with a list price of $960,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2007, this property falls within the 10 to 20-year age range defined for a 'good' condition score. The home is move-in ready and features high-quality finishes such as hardwood flooring, 10-foot ceilings, and plantation shutters. The kitchen is well-appointed with granite countertops and stainless steel GE appliances, and the bathrooms feature upgraded tile and spa-inspired finishes. While the property is well-maintained and sophisticated, it does not meet the 'excellent' criteria as it is over 10 years old and has not undergone a documented full-scale renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- High-End Interior Finishes
This sophisticated end-unit flat features premium upgrades including 10-foot ceilings, hardwood flooring, plantation shutters, and a gourmet kitchen with European cabinetry and granite countertops.
- Resort-Style Community Amenities
Residents have access to the extensive Central Park West amenities, including an 8,000 sq. ft. clubhouse, Junior Olympic saline pool, fitness center, and pickleball courts, offering a luxury lifestyle.
- Superior Parking and Storage
The property includes two dedicated side-by-side underground parking spaces and additional storage, a significant advantage over the tandem or limited parking often found in urban condominiums.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1574, other record living area = 1283.
- School District Ratings
The property is zoned for the Santa Ana Unified School District with school ratings between 3 and 4, which may be a drawback for buyers specifically seeking the highly-rated Irvine Unified School District.
- Recent Price Adjustment
A recent price reduction from the original list price of $995,000 to $960,000 suggests the property may have faced initial market resistance or is navigating a shift in local buyer demand.
About 21 Gramercy 202
Welcome to sophisticated luxury at The Belvedere, Central Park West! Experience refined living in this stunning end-unit single level flat featuring 2 bedrooms, 2 bathrooms, and a private balcony. The open-concept layout showcases beautiful hardwood floors, 10-foot ceilings, and plantation shutters throughout. The gourmet kitchen is appointed with European cabinetry, slab granite countertops, and stainless steel GE appliances. Additional features include an interior laundry area with a washer, dryer, and storage. The primary suite offers a walk-in closet with built-ins and a spa-inspired bath with dual sinks and upgraded tile finishes. Located on the second floor, this home offers quiet and serene courtyard views. Two dedicated underground side-by-side parking spaces with storage complete this exceptional home. Enjoy convenient access to The Belvedere’s 8,000 sq. ft. clubhouse featuring a fitness center, studio, outdoor patio with fireplace and wet bar, Junior Olympic-size saline pool, two spas, BBQ pavilion, sport court, and pickleball. This sought-after prime central location is near the I-405, John Wayne Airport, world-class shopping, dining, and Southern California’s finest beaches.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 65,626 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $193.0 / Month
Neighborhood Insights
Irvine Unified Schools
Monroe Elementary School
Grades K-5 • 2.9 mi
Mcfadden Intermediate School
Grades 6-8 • 3.8 mi
Century High School
Grades 9-12 • 3.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,574 | 1,441 | 71% |
| Lot Size | 65,626 | 41,727 | 57% |
| Price | $960.0K | $970.0K | 49% |
| Price per sq ft | $610 | $746 | 8% |
| Built year | 2007 | 2003 | 71% |
| HOA | $193.0 | $588 | 9% |
| Days on market | 113 | 169 | 23% |
Pricing History
Listed for Sale
Jan 6, 2026
$960,000
$995,000
-4% Price Drop
Initial Listing
Price Change
Nov 14, 2025
$995,000
Initial Listing
Sold
Sep 30, 2021
$758,000
Public Record
Sold
Feb 28, 2017
$550,000
Public Record
Sold
Sep 23, 2011
$419,000
Public Record
Sold
Oct 25, 2010
$404,000
Public Record