2230 Watermarke Place, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath

2230 Watermarke Place, Irvine, California 92612 home-pic-0
ACTIVE$879,000
2230 Watermarke Place, Irvine, California 92612
2Beds
2Baths
1,137Sqft
473,967Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in a prime Irvine location, offering unparalleled access to world-class shopping (Fashion Island, South Coast Plaza), dining, John Wayne Airport, and the beach.
Top Cons:
High Association Fees: The monthly association fee of $589 is substantial and adds a significant recurring cost to homeownership.

Compared to the nearby listings

Price:$879.0K vs avg $980.0K ($-101,000)37%
Size:1,137 sqft vs avg 1,441 sqft36%
Price/sqft:$773 vs avg $75155%

More Insights

Built in 2003 (22 years old).
Condition: Built in 2003, this property is 21 years old. However, the listing explicitly mentions an 'updated kitchen with granite countertops' and 'laminate wood flooring.' These updates, along with the overall description of a 'modern, active lifestyle,' suggest the property is move-in ready with no immediate renovations required. While the exact date of the updates isn't specified, they elevate the property beyond a purely original 2003 condition, aligning it with the 'Good' category's criteria for properties that are well-maintained, have minimal wear and tear, and have undergone some significant updates within the last 5-15 years (implied by 'updated kitchen' and 'modern' description), even if not a full recent renovation. The images would likely confirm a clean, contemporary, and well-kept interior.
Year Built
2003
Close
-
List price
$879K
Original List price
$905K
Price/Sqft
$773
HOA
$589
Days on market
-
Sold On
-
MLS number
OC25036588
Home ConditionGood
Features
Good View: Courtyard, Park/Greenbelt, Pond, Trees/Woods
Deck
Pool
Spa
ViewCourtyard, Park/Greenbelt, Pond, Trees/Woods

About this home

FHA & VA LOAN APPROVED! Welcome to the prestigious Watermarke community in a PRIME LOCATION near world-class shopping and dining, minutes away from Fashion Island Mall, the beach, John Wayne Airport, and a short distance to South Coast Plaza. One can enjoy being in a Resort-style community with top-of-the-line recreational facilities, concierge services, a fitness center, a movie theatre, basketball courts, tennis courts, a meditation park, swimming pools, a spa, and much more. This 2-bedroom, 2-bathroom luxury spacious condo is a masterpiece of urban living. This single-story unit offers laminate wood flooring, a spacious family room, and an updated kitchen with granite countertops. The large master bedroom features ample closet space with a shower and tub in the master bathroom. Everything you need for an exciting, modern, active lifestyle with convenient luxuries!

Nearby schools

4/10
Monroe Elementary School
Public,K-53.4mi
3/10
Mcfadden Intermediate School
Public,6-84.1mi
3/10
Century High School
Public,9-124.5mi
Condition Rating
Good

Built in 2003, this property is 21 years old. However, the listing explicitly mentions an 'updated kitchen with granite countertops' and 'laminate wood flooring.' These updates, along with the overall description of a 'modern, active lifestyle,' suggest the property is move-in ready with no immediate renovations required. While the exact date of the updates isn't specified, they elevate the property beyond a purely original 2003 condition, aligning it with the 'Good' category's criteria for properties that are well-maintained, have minimal wear and tear, and have undergone some significant updates within the last 5-15 years (implied by 'updated kitchen' and 'modern' description), even if not a full recent renovation. The images would likely confirm a clean, contemporary, and well-kept interior.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in a prime Irvine location, offering unparalleled access to world-class shopping (Fashion Island, South Coast Plaza), dining, John Wayne Airport, and the beach.
Extensive Resort-Style Amenities: Residents enjoy a resort-style living experience with top-of-the-line facilities including multiple pools, spa, fitness center, movie theatre, basketball/tennis courts, and concierge services.
Financial Accessibility: The property is FHA and VA loan approved, significantly broadening the pool of eligible buyers and making financing more accessible.
Updated Interior Features: Features a modern updated kitchen with granite countertops and laminate wood flooring, providing an attractive and move-in ready living space.
Pleasant Views: The unit offers desirable views of the courtyard, park/greenbelt, pond, and trees/woods, enhancing the living environment.

Cons

High Association Fees: The monthly association fee of $589 is substantial and adds a significant recurring cost to homeownership.
Condominium Lifestyle Limitations: As a condominium, the property may offer less privacy, shared walls, and limited control over exterior modifications compared to a single-family home.
Market Absorption/Price Adjustment: The recent price reduction from $905,000 to $879,000, coupled with its time on market, suggests potential initial overpricing or slower buyer interest.

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