3 Elmwood, Irvine, California 92604, Irvine, 92604 - 4 bed, 3 bath

3 Elmwood, Irvine, California 92604 home-pic-0
ACTIVE$2,100,000
3 Elmwood, Irvine, California 92604
4Beds
3Baths
2,129Sqft
4,838Lot

Price Vs. Estimate

The estimated value ($1,421,982.495) is $678,017.505 (32%) lower than the list price ($2,100,000). This property may be overpriced.

Key pros and cons

Top Pros:
Comprehensive Modern Remodel: The residence has undergone a stunning, full remodel with meticulous upgrades including all-new windows/sliders, designer kitchen/bathroom cabinets, luxury vinyl plank flooring, updated lighting, fresh paint, new fascia boards/doors, brand new appliances, and exquisite new tile/faucets with granite countertops, offering a move-in ready contemporary living experience.
Top Cons:
Significant Price Discrepancy: The listing price of $2.1M is substantially higher than the estimated property value of approximately $1.42M, which could indicate potential overpricing or a disconnect with recent market comparables, potentially affecting buyer interest and time on market.

Compared to the nearby listings

Price:$2.10M vs avg $1.60M (+$500,000)91%
Size:2,129 sqft vs avg 1,914 sqft73%
Price/sqft:$986 vs avg $84477%

More Insights

Built in 1977 (48 years old).
Condition: Despite being built in 1977, this property has undergone a 'stunning, fully remodeled' renovation, bringing all key areas to a virtually new condition. The description explicitly states 'all-new windows and sliders,' 'designer kitchen and bathroom cabinets,' 'luxury vinyl plank flooring throughout,' 'updated lighting with recessed fixtures,' 'freshly painted interiors,' and 'brand new appliances' in the kitchen (refrigerator, electric stove, dishwasher, luxury pull-out microwave). The bathrooms feature 'exquisite new tile and faucets, complemented by sleek granite countertops.' The images confirm a modern, high-quality aesthetic in the kitchen and bathrooms, with contemporary fixtures, finishes, and appliances. All renovations are fully permitted, indicating a professional and thorough overhaul. This extensive and recent renovation aligns perfectly with the 'excellent' criteria of being extensively renovated within 5 years with virtually new components and no deferred maintenance.
Year Built
1977
Close
-
List price
$2.1M
Original List price
$2.13M
Price/Sqft
$986
HOA
$139
Days on market
-
Sold On
-
MLS number
PW25006400
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to your dream home in the heart of Irvine! This stunning, fully remodeled contemporary residence boasts four spacious bedrooms and three luxurious bathrooms, perfect for modern living. With a convenient first-floor bedroom and full bath, your guests or in-laws will feel right at home. As you step inside, you’ll be greeted by an open floorplan that seamlessly connects the living and family rooms, providing ample space for relaxation and entertainment. The living room is a true showstopper, featuring a gorgeous fireplace and soaring ceilings that create an airy ambiance. Modern chandeliers adorn the home, radiating elegance at every turn. Every detail has been meticulously upgraded, including all-new windows and sliders for energy efficiency, designer kitchen and bathroom cabinets, and luxury vinyl plank flooring throughout. Updated lighting with recessed fixtures enhances the contemporary aesthetic, while freshly painted interiors in a stylish palette create a warm atmosphere. New fascia boards and doors—including a stunning front door—add to the home’s charm. The kitchen is a chef's delight, equipped with brand new appliances, including a refrigerator, electric stove, dishwasher, and a luxury pull-out microwave. The bathrooms feature exquisite new tile and faucets, complemented by sleek granite countertops that elevate the space. Step outside to enjoy a beautifully landscaped backyard with new sod and plants, perfect for outdoor gatherings. Plus, all renovations are fully permitted, ensuring peace of mind for the new owner. This property also benefits from low HOA fees and is conveniently located near award-winning schools, parks, shopping, dining, and entertainment options. The Woodbridge community offers incredible amenities such as access to two landmark lakes with docks, two beach lagoons, 22 pools and 16 spas, 13 waders and 23 tennis courts, four pickleball courts, a splash pad, numerous parks with play equipment, volleyball courts, basketball courts, bocce ball facilities, horseshoe games, and much more! Don’t miss this opportunity to own a piece of paradise in Irvine—schedule your viewing today!

Condition Rating
Excellent

Despite being built in 1977, this property has undergone a 'stunning, fully remodeled' renovation, bringing all key areas to a virtually new condition. The description explicitly states 'all-new windows and sliders,' 'designer kitchen and bathroom cabinets,' 'luxury vinyl plank flooring throughout,' 'updated lighting with recessed fixtures,' 'freshly painted interiors,' and 'brand new appliances' in the kitchen (refrigerator, electric stove, dishwasher, luxury pull-out microwave). The bathrooms feature 'exquisite new tile and faucets, complemented by sleek granite countertops.' The images confirm a modern, high-quality aesthetic in the kitchen and bathrooms, with contemporary fixtures, finishes, and appliances. All renovations are fully permitted, indicating a professional and thorough overhaul. This extensive and recent renovation aligns perfectly with the 'excellent' criteria of being extensively renovated within 5 years with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Comprehensive Modern Remodel: The residence has undergone a stunning, full remodel with meticulous upgrades including all-new windows/sliders, designer kitchen/bathroom cabinets, luxury vinyl plank flooring, updated lighting, fresh paint, new fascia boards/doors, brand new appliances, and exquisite new tile/faucets with granite countertops, offering a move-in ready contemporary living experience.
Prime Irvine Location & Top Schools: Situated in the highly desirable city of Irvine, the property benefits from a convenient location near award-winning schools, parks, shopping, dining, and entertainment options, appealing strongly to families and those seeking a vibrant community.
Exceptional Community Amenities: As part of the Woodbridge community, residents gain access to an unparalleled array of amenities including two landmark lakes with docks, two beach lagoons, 22 pools, 16 spas, 23 tennis courts, pickleball courts, a splash pad, and numerous parks, fostering an active and engaging lifestyle.
Functional & Versatile Floorplan: The open floorplan seamlessly connects living spaces, complemented by soaring ceilings and a gorgeous fireplace. A convenient first-floor bedroom and full bath provide excellent versatility for guests or multi-generational living.
Permitted Renovations & Low HOA: All renovations are fully permitted, providing peace of mind regarding the quality and legality of the upgrades. Additionally, the property benefits from low HOA fees, making it an attractive and financially sound investment.

Cons

Significant Price Discrepancy: The listing price of $2.1M is substantially higher than the estimated property value of approximately $1.42M, which could indicate potential overpricing or a disconnect with recent market comparables, potentially affecting buyer interest and time on market.
Older Original Construction Year: Despite extensive remodeling, the home was originally built in 1977. While major cosmetic and functional updates have been made, some buyers may have concerns about the age of underlying infrastructure not explicitly mentioned as replaced, such as plumbing or electrical systems beyond the visible upgrades.
Lack of Explicit Central Air Conditioning Mention: The description highlights energy-efficient windows and sliders but does not explicitly mention the presence or upgrade of a central air conditioning system, which is a highly desired feature in Irvine's climate and expected in a 'fully remodeled contemporary residence' at this price point.

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