3 Heatherwood, Irvine, California 92620, Irvine, 92620 - 5 bed, 4 bath

3 Heatherwood, Irvine, California 92620 home-pic-0
ACTIVE$2,498,000
3 Heatherwood, Irvine, California 92620
5Beds
4Baths
2,825Sqft
5,060Lot

Price Vs. Estimate

The estimated value ($2,329,984.98) is $168,015.02 (6%) lower than the list price ($2,498,000). This property may be overpriced.

Key pros and cons

Top Pros:
Premium Location & Security: Situated in a 24-hour guard-gated community (Trailwood) within the highly sought-after Northwood Pointe, at the end of a quiet cul-de-sac, offering enhanced security and exclusivity.
Top Cons:
Price Reduction History: The property has undergone multiple price reductions from its original list price, which could indicate initial overpricing or extended market time, potentially raising buyer scrutiny.

Compared to the nearby listings

Price:$2.50M vs avg $2.00M (+$498,000)79%
Size:2,825 sqft vs avg 2,502 sqft73%
Price/sqft:$884 vs avg $84567%

More Insights

Built in 1995 (30 years old).
Condition: Built in 1995, this property is 29 years old. While described as 'beautifully maintained' and the exterior appears well-kept, the listing's analysis indicates that 'interior finishes and systems may not align with the latest modern aesthetics.' This suggests that the kitchen, bathrooms, and other interior elements likely retain their original or early 2000s styling and features, which are now considered outdated. The property is functional and maintained but would benefit from minor updates to meet current design preferences, aligning with the 'Fair' condition criteria.
Year Built
1995
Close
-
List price
$2.5M
Original List price
$2.69M
Price/Sqft
$884
HOA
$65
Days on market
-
Sold On
-
MLS number
OC25115113
Home ConditionFair
Features
Good View: Neighborhood, Panoramic, Trees/Woods
ViewNeighborhood, Panoramic, Trees/Woods

About this home

DO NOT BUY NEW CONSTRUCTION until you compare and contrast the benefits of Northwood Pointe! NO Mello Roos tax, more than half less HOA dues, FULLY LUSH LANDSCAPING with 100 foot tall pine trees, mature and neighborhood friendly HOA with multiple community events each year to bring the community together and enhance the family atmosphere. The lucky number 3 rests at the end of a quiet cul de sac in one of ONLY EIGHT 24 hour GUARD gated communities (TRAILWOOD) in Irvine LESS than 300 yards as the Crow and Red Tailed Hawk fly to National Blue Ribbon Award winning Canyon View Elementary and Northwood High Schools. For you longterm investors, the seller is willing to lease back for a longterm lease. This 5 bedrooms, with one guest room downstairs, 4 FULL bath home in almost 3,000 square feet, has a UNIQUE 3 car side by side garage and extra long driveway. Better still, the front door faces SOUTH to maximize the ocean breeze which will keep you COOL in the summer and WARM in the winter. The genera NW Pointe area does NOT have Mello Roos and has low HOA dues of $265 which include TWO swimming facilities, parks, 4 tennis courts at Citrus Glen Tennis Center and access to shopping and restaurants via the Hicks Canyon Trail without crossing any major roads. Also Trailwood is sight of the ANNUAL HARVEST FESTIVAL which binds and combines over 450 households to stop and enjoy each others company and world wide food tasting to bond the community together. This beautifully maintained home offers both comfort and convenience in one of Irvine’s most sought-after neighborhoods. Boasting nearly 3,000 square feet of living space, this 5-bedroom, 4-full bath residence features a highly desirable main-level guest room and a unique 3-car side-by-side garage with an extra-long driveway. The south-facing front door allows for maximum ocean breezes — keeping you cool in summer and warm in winter. Located in the prestigious Northwood Pointe area, this home benefits from NO Mello Roos and low HOA dues of just $265/month. HOA amenities include: Two swimming facilities Multiple parks Four tennis courts at Citrus Glen Tennis Center Direct trail access (Hicks Canyon Trail) to shops and restaurants — no major roads to cross! Trailwood is also home to the beloved Annual Harvest Festival, where over 450 households come together for a vibrant celebration of community and global cuisine.

Condition Rating
Fair

Built in 1995, this property is 29 years old. While described as 'beautifully maintained' and the exterior appears well-kept, the listing's analysis indicates that 'interior finishes and systems may not align with the latest modern aesthetics.' This suggests that the kitchen, bathrooms, and other interior elements likely retain their original or early 2000s styling and features, which are now considered outdated. The property is functional and maintained but would benefit from minor updates to meet current design preferences, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Premium Location & Security: Situated in a 24-hour guard-gated community (Trailwood) within the highly sought-after Northwood Pointe, at the end of a quiet cul-de-sac, offering enhanced security and exclusivity.
Top-Rated Schools: Exceptional proximity to National Blue Ribbon Award-winning Canyon View Elementary and Northwood High Schools, making it highly attractive for families.
Financial Benefits & Low Costs: Benefits from no Mello Roos tax and significantly low HOA dues ($265/month), providing substantial long-term cost savings compared to many newer properties.
Extensive Community Amenities: The HOA provides a wealth of amenities including two swimming facilities, multiple parks, four tennis courts, and direct trail access to shopping and dining.
Spacious & Practical Layout: A generous nearly 3,000 sqft home featuring 5 bedrooms, 4 full baths, a convenient main-level guest room, and a unique 3-car side-by-side garage with an extra-long driveway.

Cons

Price Reduction History: The property has undergone multiple price reductions from its original list price, which could indicate initial overpricing or extended market time, potentially raising buyer scrutiny.
Potential for Interior Updates: Built in 1995, while described as well-maintained, the interior finishes and systems may not align with the latest modern aesthetics or smart home technologies expected by some buyers in this price range.
Reliance on Natural Cooling: The emphasis on the south-facing orientation maximizing ocean breezes for cooling suggests a primary reliance on natural ventilation, which might be perceived as a lack of robust central air conditioning by some buyers.

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