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253 Carlow, Irvine, California 92618, Irvine, 92618 - 2 bed, 2 bath

253 Carlow, Irvine, California 92618 home-pic-0
ACTIVE$1,185,000
253 Carlow, Irvine, California 92618
2Beds
2Baths
1,441Sqft
11,801Lot

Price Vs. Estimate

The estimated value ($1,129,285.1) is $55,714.9 (4%) lower than the list price ($1,185,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Resort-Style Amenities: The gated 55+ community offers an impressive array of amenities including salt-water and lap pools, bocce ball, dog park, pickleball courts, fitness center, and a clubhouse with a bar and catering kitchen, providing a luxurious and active lifestyle.
Top Cons:
High HOA Fees: The monthly association fee of $494 is substantial and will add a significant recurring cost to homeownership, potentially impacting affordability for some buyers.

Compared to the nearby listings

Price:$1.19M vs avg $1.35M ($-165,000)28%
Size:1,441 sqft vs avg 2,010 sqft11%
Price/sqft:$822 vs avg $69882%

More Insights

Built in 2018 (7 years old).
Condition: This property, built in 2018, is only 6 years old and presents as virtually new. The kitchen features modern white shaker cabinets, quartz countertops, a spacious island, and high-end stainless steel appliances including a gas range and built-in oven/microwave. Lighting is contemporary with recessed lights and stylish pendants. Bathrooms are clean, modern, and include ADA compliant features and dual sinks in the primary bath. Flooring is a consistent, well-maintained wood-look laminate throughout the main living areas and bedrooms. The description highlights 'well-maintained' and modern amenities like a tankless water heater. All components appear new or virtually new, with no visible deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2018
Close
-
List price
$1.19M
Original List price
$1.25M
Price/Sqft
$822
HOA
$494
Days on market
-
Sold On
-
MLS number
OC25092227
Home ConditionExcellent
Features
Patio
View-

About this home

RESORT LIVING 55+ gated community. This beautiful well-maintained 2 bed, 2 bath home is a must see. Open kitchen/living area. The kitchen is equipped with a spacious island with seating, quartz counters. Wheelchair accessible pullouts available under kitchen and primary bath sinks. ADA compliant. Dual sinks in primary bath. Separate laundry room with storage. Tandem garage with storage space. Possibility for a workout area or office area. Tankless water heater. Ample patio to create an outdoor living area. What truly makes this community stand out is its amenities and people. There's a monthly calendar of events, such as the coffee club, book club and social events like celebrating holidays. The clubhouse is excellent for entertaining with its bar and the catering kitchen. And then there's the salt-water pool, lap pool, bocce ball, dog park, pickle ball courts, barbeque area and fitness center. And if the amenities aren't enough, there's the proximity to Irvine Great Park with its list of activities and the Spectrum Center.

Condition Rating
Excellent
This property, built in 2018, is only 6 years old and presents as virtually new. The kitchen features modern white shaker cabinets, quartz countertops, a spacious island, and high-end stainless steel appliances including a gas range and built-in oven/microwave. Lighting is contemporary with recessed lights and stylish pendants. Bathrooms are clean, modern, and include ADA compliant features and dual sinks in the primary bath. Flooring is a consistent, well-maintained wood-look laminate throughout the main living areas and bedrooms. The description highlights 'well-maintained' and modern amenities like a tankless water heater. All components appear new or virtually new, with no visible deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Extensive Resort-Style Amenities: The gated 55+ community offers an impressive array of amenities including salt-water and lap pools, bocce ball, dog park, pickleball courts, fitness center, and a clubhouse with a bar and catering kitchen, providing a luxurious and active lifestyle.
Modern & Well-Maintained Home: Built in 2018, the home is described as beautiful and well-maintained, featuring an open kitchen with a spacious island, quartz counters, and a tankless water heater, appealing to contemporary tastes.
ADA Compliant & Accessible: The property is ADA compliant with wheelchair accessible pullouts under kitchen and primary bath sinks, making it highly suitable and convenient for its 55+ demographic.
Active Social Community: A robust monthly calendar of events, including coffee and book clubs, and social gatherings, fosters a strong and engaging community environment for residents.
Prime Irvine Location: Its proximity to Irvine Great Park and the Spectrum Center provides convenient access to a wide range of activities, entertainment, dining, and shopping options.

Cons

High HOA Fees: The monthly association fee of $494 is substantial and will add a significant recurring cost to homeownership, potentially impacting affordability for some buyers.
Lack of Desirable Views: The property explicitly states 'view: None,' which could be a disadvantage for buyers prioritizing scenic outlooks, especially within a resort-style setting.
Recent Price Reduction & Valuation Discrepancy: A recent price reduction from $1.245M to $1.185M, coupled with the current list price being 4% higher than the estimated market value, suggests potential overpricing or challenges in attracting buyers at its initial price point.

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