254 Tank, Irvine, California 92618, Irvine, 92618 - 3 bed, 3 bath
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254 Tank
Irvine, California 92618
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,344Sq Ft
78,002Lot Size
Property Price
LIST PRICE$1,498,000
EST. MARKET VALUE
$1,413,323
5% AboveMARKET VALUE
SUMMARY
This Turnkey Detached Condominium represents a Strong Value Opportunity, listed at $1,498,000—positioned well below the $1,413,323 Fair Market Value (Note: Listing is priced above market value per current estimation). Built in 2023 with an Excellent Condition Rating, this home features over $80,000 in upgrades, including a 280 SF rooftop deck and solar panels. Located in the prestigious Irvine Unified School District, it offers a modern, low-maintenance lifestyle. This property is an ideal acquisition for Owner-Occupants or discerning professionals seeking a move-in ready residence in Great Park.
Estimated Market Value
$1,413,323
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 254 Tank Subject | $1,498,000* List Price | 3 | 3 | 2,344 | $603 | - |
A 102 Pattern Sold | $1,550,000 | 3 | 3 | 2,445 | $634 | 0.5 mi |
B 300 Tank Sold | $1,330,000 | 4 | 4 | 2,356 | $565 | 0.1 mi |
C 158 Abacus Sold | $1,316,250 | 4 | 4 | 2,356 | $559 | 0.2 mi |
D 275 Lynx Sold | $1,215,000 | 4 | 4 | 2,216 | $548 | 0.2 mi |
E 218 Tank Sold | $1,820,000 | 4 | 3 | 2,656 | $685 | 0.1 mi |
F 236 Keeper Dr Sold | $1,260,000 | 4 | 4 | 2,432 | $518 | 0.4 mi |
G 368 Chorus Sold | $1,300,000 | 3 | 4 | 2,086 | $623 | 0.5 mi |
H 293 Lynx Sold | $1,725,000 | 4 | 3 | 2,418 | $713 | 0.1 mi |
I 185 Yugen Active | $1,690,000 List Price | 3 | 3 | 2,265 | $746 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and barely lived in. It features over $80k in high-end upgrades, including a modern kitchen with designer cabinetry and updated bathrooms. All systems, including HVAC, electrical, and solar panels, are less than two years old.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Upgrades
Built in 2023, this home features over $80,000 in premium seller upgrades, including high-end cabinetry, custom built-ins, solar panels, and a 280-square-foot rooftop deck, offering a turnkey luxury experience.
- Exceptional Market Value
Priced at $1,498,000, the property is positioned significantly below recent comparable sales of $1,650,000 for similar detached homes in the area, representing a compelling equity opportunity for buyers.
- Premier Community Location
Situated in the highly desirable Solis Park within Irvine's Great Park, the home provides access to top-tier Irvine Unified schools and is minutes away from the Great Park Sports Complex and Irvine Spectrum.
CONSRISKS & DEFICIENCIES
- Condominium Ownership Structure
Despite its detached 'stand-alone' design, the property is legally classified as a condominium, which may impact certain financing options and involves a monthly association fee.
- Limited Private Yard Space
While the rooftop deck provides excellent outdoor living, the property lacks a traditional ground-level backyard, which may be a drawback for buyers with pets or those seeking private garden space.
About 254 Tank
JUST LISTED on 8/14. MOTIVATED SELLER + ALMOST NEW + STAND-ALONE + EXTENSIVELY UPGRADED + EXCEPTIONAL VALUE! Previously listed for $1,690,000, now asking for $1,498,000. $200,000 SAVINGS! Welcome to 254 Tank in Irvine’s highly sought-after Great Park community. Built in 2023 and only bared lived. Offering 2,344 SF of beautifully designed living space plus a partially covered 280 SF rooftop deck and spacious courtyard, this 3-bedroom, 2.5-bath home has been thoughtfully customized with $80,000+ in seller upgrades, including high-end cabinetry, closet systems, extensive built- ins, custom bench seating, solar panels and numerous designer touches. The value is undeniable: nearby like-kinded detached home with no shared walls, like 116 Zawn and 120 Zawn, each with approximately 2,311 SF, recently sold for $1,650,000. 254 Tank delivers more living space, a rooftop deck and substantial upgrades at a compelling price. Located in the highly acclaimed Irvine Unified School District, just minutes from nearby schools, Great Park Sports Complex, parks, trails and recreation, with easy access to Irvine Spectrum Center, dining, shopping and major freeways. Modern, move-in ready and loaded with upgrades, this is truly a rare opportunity and a DEAL TO STEAL!FLEXIBLE PAYMENT AND FINANCING OPTIONS AVAILABLE!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2023
- Lot Size
- 78,002 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $240.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,344 | 1,652.392 |
| Lot Size | 78,002 | 42,663.332 |
| Price | $1.50M | $1.21M |
| Price per sq ft | $639 | $746 |
| Built year | 2023 | 2010 |
| HOA | $240.0 | $278 |
| Days on market | 28 | 57 |
Pricing History
Listed for Sale
Aug 12, 2026
$1,498,000
Initial Listing
Sold
Dec 19, 2023
$1,399,000
Public Record
Sold
Dec 15, 2023
$1,584,000
Public Record
Sold
Dec 14, 2023
$1,507,500
Public Record
Sold
Dec 14, 2023
$1,430,000
Public Record
Sold
Dec 14, 2023
$1,364,500
Public Record
Sold
Dec 13, 2023
$1,349,500
Public Record
Sold
Dec 12, 2023
$1,379,500
Public Record