218 Evaroad, Irvine, California 92602, Irvine, 92602 - 4 bed, 3 bath
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Irvine, California 92602
This Prime Investment Opportunity is listed at $2,998,000, positioned well below the $3,106,498 Fair Market Value by 3%. This valuation gap offers $108,498 in Instant Equity for the buyer. Featuring a never-lived-in 2021 construction with an Excellent Condition Rating, this home includes a gourmet kitchen, fully owned solar system, and panoramic views. Located in the prestigious Reserve at Orchard Hills, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 218 Evaroad Subject | $2,998,000* List Price | 4 | 3 | 3,175 | $978 | - |
A 105 Summerland Sold | $3,128,000 | 4 | 3 | 2,909 | $1,075 | 0.6 mi |
B 106 Albero Sold | $2,520,000 | 4 | 3 | 2,382 | $1,058 | 0.2 mi |
C 135 Statura Sold | $2,780,000 | 4 | 4 | 2,800 | $993 | 0.4 mi |
D 201 Fiore Sold | $2,680,000 | 4 | 4 | 2,800 | $957 | 0.4 mi |
E 107 Somera Sold | $3,380,000 | 4 | 3 | 2,938 | $1,150 | 0.1 mi |
F 140 Statura Sold | $2,650,000 | 4 | 3 | 2,548 | $1,040 | 0.3 mi |
G 100 Viano Sold | $2,700,000 | 4 | 4 | 2,800 | $964 | 0.4 mi |
H 173 Somera Sold | $2,718,800 | 4 | 4 | 2,500 | $1,088 | 0.1 mi |
I 149 Somera Active | $3,380,000 List Price | 4 | 3 | 3,200 | $1,056 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this never-lived-in home is in mint condition. It features a gourmet kitchen with professional-grade appliances, spa-inspired bathrooms with premium finishes, and modern systems including a fully owned solar system.
Situated at a high elevation within the prestigious gated Reserve at Orchard Hills, this corner residence offers rare panoramic views of rolling hills and city lights.
This never-lived-in 2021 construction features extensive premium upgrades, including hardwood flooring throughout, a fully owned solar system, and designer finishes.
The high-end kitchen is equipped with custom cabinetry, an oversized center island, and professional-grade stainless steel appliances, perfect for luxury entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3175, other record living area = 3129.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4201, living area = 3175.
The 4,201 sqft lot is relatively small for a 3,175 sqft home at this price point, which may limit private outdoor recreational space.
Perched at one of the highest elevations in the prestigious gated community of Reserve at Orchard Hills, this exceptional corner residence offers a rare combination of luxury, privacy, and breathtaking panoramic views. Overlooking rolling hills, mature trees, sparkling city lights, and surrounding neighborhoods, this never-lived-in home showcases sophisticated design with extensive premium upgrades throughout. A grand entry welcomes you into a bright, open-concept floor plan highlighted by hardwood flooring throughout, soaring ceilings, expansive windows, and abundant natural light. Every detail has been thoughtfully curated to create an elegant yet comfortable living experience. The gourmet kitchen is designed to impress, featuring custom designer cabinetry, an oversized center island, and a full suite of professional-grade stainless steel appliances—perfect for both everyday living and effortless entertaining. The luxurious primary suite serves as a private retreat, complete with spectacular views, a custom walk-in closet, and a spa-inspired bathroom featuring premium stone finishes, dual vanities, a soaking tub, and a spacious walk-in shower. Additional bedrooms are generously sized and thoughtfully designed to provide comfort and flexibility for family and guests. Additional highlights include: Premium hardwood flooring throughout the home Fully owned solar system for enhanced energy efficiency Extensive builder and designer upgrades Desirable corner location offering exceptional privacy Expansive open-concept living and dining spaces Move-in ready Located within one of Irvine's most sought-after gated communities, residents enjoy resort-style amenities including parks, pools, playgrounds, scenic walking trails, and beautifully maintained open spaces. Conveniently located near world-class shopping, dining, and major transportation corridors, this home also offers access to Irvine's highly regarded schools. Combining elevated views, timeless finishes, and an exceptional location, this is a rare opportunity to own a truly remarkable residence in Reserve at Orchard Hills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,175 | 2,486 |
| Lot Size | 4,201 | 4,950 |
| Price | $3.00M | $2.08M |
| Price per sq ft | $944 | $872 |
| Built year | 2021 | 1999 |
| HOA | $359.0 | $190 |
| Days on market | 16 | 50 |
Jul 6, 2026
$2,998,000
Initial Listing
Mar 21, 2022
$1,889,500
Public Record