293 Merit, Irvine, California 92618, Irvine, 92618 - 2 bed, 3 bath
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Irvine, California 92618
This Turnkey Townhome is a High-Potential Investment Opportunity, listed at $1,068,000—positioned well below the $1,091,805 Fair Market Value by 2%. This valuation gap offers $23,805 in Instant Equity. Featuring an Excellent Condition Rating, this 2020-built residence includes a fully paid solar system, luxury vinyl plank flooring, and mountain views. Located in the Irvine Unified School District, it provides a premium lifestyle for Buy-and-Hold Investors or Owner-Occupants seeking a modern, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 293 Merit Subject | $1,068,000* List Price | 2 | 3 | 1,576 | $693 | - |
A 174 Sawbuck Sold | $1,085,000 | 2 | 3 | 1,542 | $704 | 0.4 mi |
B 220 Keeper Sold | $1,269,000 | 3 | 4 | 2,069 | $613 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is well within the 10-year age bracket for an excellent rating. It is in mint condition with recent upgrades including brand-new luxury vinyl plank flooring and fresh interior paint. The kitchen and bathrooms feature modern finishes like quartz countertops and stainless steel appliances, and the systems are contemporary, including a fully paid solar system.
Built in 2020, this home features a fully paid solar system, brand-new luxury vinyl plank flooring, and fresh interior paint, offering immediate move-in readiness and long-term utility savings.
The south-facing orientation ensures abundant natural light, while the unique position with no homes directly in front provides enhanced privacy and scenic mountain views.
Located within the prestigious Irvine Unified School District, the property provides access to top-rated institutions like Portola High School and Solis Park K-8, a major driver for long-term property value.
The three-story vertical layout may be less desirable for buyers with mobility concerns or those preferring a more traditional single-level or two-story flow.
With only two bedrooms, the property may face competition from larger units in the Great Park area, potentially narrowing the appeal for growing families or those needing multiple home offices.
WELCOME TO PREMIUM VIEW THREE-STORY TOWNHOME IN RISE PARK COMMUNITY AT GREAT PARK! Facing a community street with no homes directly in front, this desirable south-facing residence enjoys an open and airy feel with abundant natural light throughout the day.Conveniently located next to ample guest parking, it offers added ease for visiting family and friends.Beautifully refreshed and move-in ready, this exquisite townhome features fresh interior paint and brand-new luxury vinyl plank flooring throughout, and custom roller shades throughout,creating a bright, modern, and sophisticated living environment. Built in 2020, the home offers 2 spacious ensuite bedrooms, 2.5 bathrooms, and 1,576 square feet of thoughtfully designed living space across three levels,plus a fully paid solar system. The open-concept main living area is filled with natural light and features a private balcony, making it ideal for both everyday living and entertaining. The gourmet kitchen is a chef’s dream, featuring a large center island, elegant quartz countertops, stainless steel appliances, and rich brown premium cabinetry that adds warmth and timeless style.The attached 2-car garage provides added convenience and extra storage space. Families will appreciate the home's location within the award-winning Irvine Unified School District, including Portola High School and Solis Park K-8 School. Residents of Great Park enjoy access to exceptional resort-style amenities, including parks, pools, spas, tennis courts, basketball courts, BBQ areas, playgrounds, and community gathering spaces. The neighborhood is quiet and well-maintained, offering an outstanding lifestyle in one of Irvine's most sought-after master-planned communities. Conveniently located just minutes from Woodbury Town Center, Irvine Spectrum Center, FivePoint Amphitheatre, John Wayne Airport, and major freeways including I-5, I-405, 241, 133, and 73. Don't miss this exceptional opportunity to own a beautifully upgraded home in one of Irvine's most desirable communities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,576 | 1,773 |
| Lot Size | 36,817 | 31,235 |
| Price | $1.07M | $1.18M |
| Price per sq ft | $678 | $751 |
| Built year | 2020 | 2005 |
| HOA | $240.0 | $305 |
| Days on market | 32 | 52 |
Jun 20, 2026
$1,068,000
Initial Listing
Dec 29, 2020
$715,000
Public Record