23 Mahogany, Irvine, California 92620, Irvine, 92620 - 5 bed, 5 bath
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Irvine, California 92620
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $2,990,000—positioned well below the $3,147,823 Fair Market Value by 5%. This valuation gap offers $157,823 in Instant Equity for the buyer. Featuring a Dual Kitchen Layout, no rear neighbors, and a Good Condition Rating, the home provides a private sanctuary in the prestigious Northwood Pointe community. Served by Top-Rated Schools like Northwood High, this property is an ideal acquisition for Owner-Occupants or long-term investors seeking a premium, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23 Mahogany Subject | $2,990,000* List Price | 5 | 5 | 3,853 | $817 | - |
A 16 Spring Grv Sold | $2,910,000 | 5 | 4 | 3,449 | $844 | 0.3 mi |
B 3 Heatherwood Sold | $2,361,000 | 5 | 4 | 2,804 | $842 | 0.3 mi |
C 48 Parkcrest Sold | $2,400,000 | 5 | 4 | 3,004 | $799 | 0.1 mi |
D 53 Oakhurst Sold | $2,250,000 | 4 | 4 | 2,584 | $871 | 0.2 mi |
E 20 Laurelwood Drive Sold | $2,700,000 | 4 | 4 | 3,115 | $867 | 0.3 mi |
F 7 Bayleaf Active | $3,198,000 List Price | 5 | 4 | 3,786 | $845 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996, this property is exceptionally well-maintained and move-in ready. While the structure is nearly 30 years old, the home features significant updates including a renovated gourmet kitchen with modern stone countertops, stainless steel appliances, and fresh interior/exterior paint. The high-end backyard hardscaping and turnkey interior condition align with the 'Good' rating for well-maintained, functional homes with mid-range renovations.
Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
The home features both a gourmet kitchen and a separate wok kitchen, a highly desirable configuration in the Irvine market that accommodates diverse cooking styles and multi-generational living.
Situated on a lot with no rear neighbors, the property offers exceptional tranquility and seclusion, a rare and valuable feature in Irvine's high-density residential neighborhoods.
Built in 1996, the property may require updates to major systems or interior finishes to meet the expectations of modern luxury buyers looking for contemporary aesthetics.
At nearly $3 million, the home faces significant competition from newer Irvine developments that offer more modern energy efficiencies and open-concept architectural designs.
Welcome to 23 Mahogany Drive — a rare gem in Northwood Pointe, Irvine's prestigious guard-gated community. This beautifully maintained two-story home offers approximately 3,853 sqft of thoughtfully designed living space, featuring 5 bedrooms, 4.5 bathrooms, and an impressive array of upgrades and lifestyle amenities rarely found at this price point. Grand Living & Dual Kitchen Layout: Step through the private front gate into an extended driveway that leads to a 3-car garage with skylight — ideal as a home gym or workshop. Inside, soaring two-story ceilings in the living room create an immediate sense of grandeur. The home features a dual kitchen configuration with a gourmet kitchen and a separate wok kitchen, perfect for everyday living and entertaining alike. The formal dining room, family entertainment room, and breakfast nook offer exceptional versatility. First-Floor Guest Suite: A private downstairs bedroom with full bath is ideal for guests, multi-generational living, or a home office, providing both comfort and flexibility. Exceptional Second-Floor Layout: The spacious primary suite is accessed through elegant double doors and includes a dedicated retreat area, dual walk-in closets, and a luxurious master bath — a true private sanctuary. Two additional en-suite bedrooms and a separate study/optional bedroom (per floor plan) complete the upper level, offering a rare configuration of multiple private baths upstairs. Maximum Privacy — No Rear Neighbors: The backyard enjoys a premium lot position with no rear neighbors, offering exceptional privacy and tranquility — a feature increasingly rare in Irvine's built-out neighborhoods. Expansion Potential: The builder's original floor plan includes an option to add a 6th bedroom suite above the garage with private staircase (per builder plan). The infrastructure is already in place — making future expansion highly valuable. Move-In Ready: Freshly refreshed inside and out with new interior and exterior paint throughout. This home is truly turnkey and ready for its next chapter. Community & Location: Enjoy low HOA dues with resort-style amenities including a community pool and clubhouse just steps away. Northwood Pointe is also home to one of Irvine's rare urban trails — a scenic recreational path connecting Irvine and Tustin, perfect for walking, running, and cycling. Served by award-winning Irvine Unified schools. Ideal for owner-occupants and investors.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 5.0 | 3.0 | 90% |
| Square foot | 3,853 | 2,515 | 97% |
| Lot Size | 7,150 | 4,536 | 93% |
| Price | $2.99M | $1.97M | 93% |
| Price per sq ft | $776 | $840 | 27% |
| Built year | 1996 | 1996 | 50% |
| HOA | $230.0 | $135 | 92% |
| Days on market | 22 | 124 | 4% |
May 15, 2026
$2,990,000
Initial Listing
Jul 29, 2013
$1,660,000
Public Record
Dec 31, 2003
$1,240,000
Public Record
Jun 21, 2000
$785,000
Public Record
Sep 17, 1996
$549,500
Public Record