21 Gramercy 312, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath

21 Gramercy 312, Irvine, California 92612 home-pic-0

21 Gramercy 312

Irvine, California 92612

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,603Sq Ft
Lot Size

Property Price

LIST PRICE$978,888

SUMMARY

Analysis of 21 Gramercy 312, Irvine, California 92612 is currently available with a list price of $978,888. 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

Good
TeardownExcellent

Property is move-in ready.

Built in 2011, the property falls within the 10-20 year age range for a 'Good' rating. It is move-in ready and well-maintained, featuring a modern open-concept kitchen with granite countertops and stainless steel appliances, recessed lighting, and high-quality flooring throughout.

PROSSTRENGTHS & OPPORTUNITIES

  • Resort-Style Amenities

    The property is located in the prestigious Central Park West community, offering access to an 8,000 SF clubhouse, saline pools, a state-of-the-art fitness center, and various sports courts.

  • Generous Square Footage

    With 1,603 square feet of living space, this two-bedroom condo provides a significantly larger and more comfortable footprint than standard units in the area.

  • Prime Irvine Location

    The strategic location offers immediate proximity to the 405 Freeway, UCI, John Wayne Airport, and world-class shopping at Fashion Island and South Coast Plaza.

CONSRISKS & DEFICIENCIES

  • High Monthly HOA Fees

    The association fee of $728 per month is a substantial recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.

  • School District Ratings

    The property is served by the Santa Ana Unified School District, which features lower-rated schools (3-4 range) compared to the highly-ranked Irvine Unified School District.

  • Lack of Scenic View

    The listing explicitly notes 'None' for the view, which may be a drawback for buyers expecting a premium outlook from a third-floor residence.

About 21 Gramercy 312

Huge Price Reduction- Experience sophisticated living in this spacious third-floor condo offering 1,603 square feet of refined comfort. The open-concept layout seamlessly connects the living room, dining area, and gourmet kitchen—perfect for both entertaining and everyday living. The kitchen showcases granite countertops, stainless steel appliances, and ample cabinetry, while the adjacent living room opens to a private deck ideal for relaxing or enjoying the fresh air. Abundant natural light fills the home through large windows, complemented by recessed lighting that enhances the bright, modern atmosphere. The primary suite offers a serene retreat with two closets, dual vanities, a soaking tub, and a walk-in shower. A spacious second bedroom, full bathroom, and dedicated laundry room complete this elegant residence. Enjoy an 8,000?SF clubhouse, two Jr. Olympic saline pools, three spas, a BBQ pavilion, outdoor fireplace, state-of-the-art fitness center, pickleball and basketball courts, tot lots, game tables, dog park, and more—all within the highly sought-after Central Park West community. Ideally located near the 405 Freeway, UCI, John Wayne Airport, Fashion Island, South Coast Plaza, The District, and OC beaches, this is your chance to experience the best of Irvine living. Don’t miss the opportunity to call one of Irvine’s most coveted communities home!

Property Details

Public Facts

Property Type
Condominium
Year Built
2011
Lot Size
-

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$728.0 / Month

Neighborhood Insights

Irvine Unified Schools

Monroe Elementary School

Grades K-5 • 2.9 mi

4/10

Mcfadden Intermediate School

Grades 6-8 • 3.8 mi

3/10

Century High School

Grades 9-12 • 3.8 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,6031,441
71%
Lot Size-41,727
45%
Price$978.9K$978.9K
50%
Price per sq ft$611$746
8%
Built year20112003
78%
HOA$728.0$588
89%
Days on market141169
34%

Pricing History

Listed for Sale

Feb 1, 2026

$978,888

$998,888

-2% Price Drop

Initial Listing

Price Change

Oct 17, 2025

$998,888

Initial Listing

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