2224 Watermarke, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath
2224 Watermarke
Irvine, California 92612
Property Price
SUMMARY
Analysis of 2224 Watermarke, Irvine, California 92612 is currently available with a list price of $599,000. 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 2003, this property is exceptionally well-maintained and move-in ready. The kitchen features an upgraded gourmet package with modern stainless steel appliances, and the unit has benefited from recent capital improvements including a new water heater (2024), washer/dryer (2023), and toilet (2022). While the cabinetry and countertops reflect the original construction period, the overall condition and updated systems meet the criteria for a high-quality, well-preserved home.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Community Amenities
The Watermarke development offers an exceptional lifestyle package including three swimming pools, four spas, a fitness center, a movie theater, and sports courts, providing high value for residents.
- Recent Capital Improvements
The unit is exceptionally well-maintained with significant recent upgrades, including a 2024 energy-saving water heater, 2023 stackable washer/dryer, and a gourmet kitchen with a five-burner gas stove.
- Strategic Irvine Location
Ideally positioned for convenience and recreation, the property is minutes from UCI, John Wayne Airport, and major freeways, while sitting directly across from the San Joaquin Wildlife Sanctuary trails.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
At over $615 per month, the association fees are relatively high for a 648-square-foot one-bedroom unit, which may impact the overall affordability and monthly carrying costs for buyers.
- School District Alignment
Although located in Irvine, the property is served by the Santa Ana Unified School District rather than Irvine Unified, with assigned schools carrying lower ratings that may affect long-term resale appeal.
About 2224 Watermarke
This very well maintained Astor Court unit is located on the second floor. The kitchen boasts an upgraded gourmet package of all stainless steel appliances including a five burner gas stove, a side by side refrigerator, and a very quiet dishwasher. Many new items in this unit: energy saving hot water heater installed 2024, stackable W/D purchased in 2023, and an elongated water-saving toilet 2022. Bedroom has a roomy walk-in closet and a real wood window shutter to block out the light when needed. A spacious balcony looks out to the beautiful courtyard. Assigned parking space #230 is very conveniently close to the unit. Watermarke Pl. offers three swimming pools, four spas, gym, movie theater, tennis court, and basketball court. It is across street from the San Joaquin Wildlife Sanctuary with many hiking trails. Minutes from Newport beach, UCI, JW Airport, shopping mall, restaurants, hwy 405, 73, and 55.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- 473,967 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $615.32 / Month
Neighborhood Insights
Irvine Unified Schools
Monroe Elementary School
Grades K-5 • 3.4 mi
Mcfadden Intermediate School
Grades 6-8 • 4.1 mi
Century High School
Grades 9-12 • 4.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 28% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 648 | 1,441 | 8% |
| Lot Size | 473,967 | 41,727 | 85% |
| Price | $599.0K | $970.0K | 11% |
| Price per sq ft | $924 | $747 | 95% |
| Built year | 2003 | 2003 | 50% |
| HOA | $615.32 | $588 | 65% |
| Days on market | 16 | 170 | 2% |
Pricing History
Listed for Sale
Feb 21, 2026
$599,000
$588,000
+2% Price Increase
Initial Listing
Price Change
Feb 20, 2026
$588,000
Initial Listing
Sold
May 17, 2017
$365,000
Public Record
Sold
Jan 7, 2016
$315,000
Public Record
Sold
Nov 8, 2011
$180,000
Public Record
Sold
Aug 31, 2005
$332,000
Public Record