216 Carmine, Irvine, California 92618, Irvine, 92618 - 4 bed, 5 bath

216 Carmine, Irvine, California 92618 home-pic-0
ACTIVE$2,680,000
216 Carmine, Irvine, California 92618
4Beds
5Baths
2,505Sqft
5,381Lot

Price Vs. Estimate

The estimated value ($2,359,939.115) is $320,060.885 (11%) lower than the list price ($2,680,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction: This is a rare, brand new single-family home (built 2025), offering modern design, the latest building standards, and minimal immediate maintenance concerns for the buyer.
Top Cons:
Significant Price Discrepancy: The current listing price of $2.68 million is notably higher than the estimated property value of approximately $2.36 million, suggesting it may be overpriced relative to market comparables.

Compared to the nearby listings

Price:$2.68M vs avg $2.30M (+$380,500)65%
Size:2,505 sqft vs avg 2,749 sqft37%
Price/sqft:$1.1K vs avg $84096%

More Insights

Built in 2025 (0 years old).
Condition: This is a brand new single-family home built in 2025, meeting the highest standard of 'Excellent' condition. The images confirm pristine, modern finishes throughout, including a contemporary kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances, as well as new, stylish bathrooms. All components are new, with no signs of wear or deferred maintenance.
Year Built
2025
Close
-
List price
$2.68M
Original List price
$2.68M
Price/Sqft
$1,070
HOA
$240
Days on market
-
Sold On
-
MLS number
PW25103288
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s), Neighborhood
ViewCity Lights,Mountain(s),Neighborhood

About this home

RARE - BRAND NEW single family home with an expansive yard! This home offers the space you need to gather as a family or spend the weekend hosting extended family and friends. With an open concept living, dining, and kitchen layout, you'll make everyone feel cozy in your new space. The spacious kitchen provides for additional cabinets as well as a walk-in pantry for a plethora of storage space. Also located on the first floor is a secondary bedroom. Use this room for your home office or gym! This bedroom and full bath would also make a great guest room for family and friends. Retreat upstairs to the second floor, to your beautiful primary suite, designed for ultimate relaxation with a spacious shower and separate soaking tub. Additionally located on the second floor is a bonus loft for you and your family, as well as two secondary bedrooms or guest bedrooms complete with a full bath, and a laundry room. Backyard has no other home behind, providing excellent privacy. Walking distance to future retail plaza right across the street. Zoned to Cadence Park School (K-8) and award winning Portola High School. Welcome home!

Condition Rating
Excellent

This is a brand new single-family home built in 2025, meeting the highest standard of 'Excellent' condition. The images confirm pristine, modern finishes throughout, including a contemporary kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances, as well as new, stylish bathrooms. All components are new, with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Brand New Construction: This is a rare, brand new single-family home (built 2025), offering modern design, the latest building standards, and minimal immediate maintenance concerns for the buyer.
Prime Location & Community: Located in the highly desirable Great Park area of Irvine, with walking distance to a future retail plaza and access to world-class community amenities.
Top-Rated School District: Zoned to the acclaimed Cadence Park School (K-8) and award-winning Portola High School, both part of the highly sought-after Irvine Unified School District.
Spacious & Functional Layout: Features an open-concept living, dining, and kitchen area, a versatile downstairs secondary bedroom with a full bath, a luxurious primary suite with a soaking tub, and an upstairs bonus loft.
Enhanced Privacy & Views: The property boasts an expansive yard with no rear neighbors, providing excellent privacy, and offers desirable city lights, mountain, and neighborhood views.

Cons

Significant Price Discrepancy: The current listing price of $2.68 million is notably higher than the estimated property value of approximately $2.36 million, suggesting it may be overpriced relative to market comparables.
Ongoing Association Fees: The property incurs a monthly association fee of $240, which adds to the recurring cost of homeownership and should be factored into a buyer's budget.
Future Amenities: While a future retail plaza is a strong selling point, its 'future' status means immediate access to these conveniences is not yet available, requiring patience from the new homeowner.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state