3 Sunset River, Irvine, California 92604, Irvine, 92604 - 4 bed, 3 bath
3 Sunset River
Irvine, California 92604
Property Price
SUMMARY
Analysis of 3 Sunset River, Irvine, California 92604 reveals a Prime Investment Opportunity with a current list price of $1,699,999—significantly undercutting the $1,762,533 Fair Market Value by 3%. This valuation gap indicates a +$62,534 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3 Sunset River Subject | $1,699,999* List Price | 4 | 3 | 2,598 | $678 | - |
A 15361 Moulins Circle Sold | $1,550,000 | 4 | 3 | 2,400 | $646 | 0.2 mi |
B 15232 Lille Circle Sold | $1,700,000 | 4 | 3 | 2,550 | $667 | 0.5 mi |
C 4801 Redbluff Sold | $1,570,000 | 5 | 4 | 2,360 | $665 | 0.9 mi |
D 15202 Marne Circle Sold | $1,708,000 | 4 | 3 | 2,238 | $763 | 0.2 mi |
E 15432 Alsace Circle Sold | $1,590,000 | 4 | 3 | 1,874 | $848 | 0.6 mi |
F 39 Foxhill Sold | $1,610,000 | 3 | 2 | 1,922 | $838 | 0.3 mi |
G 7 Timberline Active | $1,550,888 List Price | 3 | 2 | 1,906 | $814 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is in original 1976 condition and requires a comprehensive interior renovation to meet modern standards. While major systems like the roof and furnace have been updated, the kitchen, bathrooms, flooring, and fixtures are dated and show significant aesthetic depreciation. It remains functional and maintained but is essentially a 'fixer-upper' opportunity.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Irvine High School (9/10).
- Expansive Lot & Outdoor Potential
The property sits on a rare 8,800 sq ft pool-sized lot, offering significant space for a private pool, outdoor kitchen, or garden expansion in a mature, tree-lined neighborhood.
- Favorable Financials
This residence benefits from a low HOA fee and no Mello-Roos assessments, providing substantial long-term cost savings compared to newer Irvine developments.
CONSRISKS & DEFICIENCIES
- Original Condition
The home is in original 1976 condition and requires a comprehensive interior renovation, which will necessitate a significant additional capital investment.
- Dated Aesthetic
The traditional two-story layout and older finishes lack the modern open-concept design and contemporary architectural features sought by many today's buyers.
About 3 Sunset River
Located in Irvine’s established Deerfield community, 3 Sunset River presents a rare opportunity on an expansive 8,800 sq ft pool-size lot in one of the city’s most mature master-planned neighborhoods. Surrounded by tree-lined streets, parks, and community amenities, this residence offers space, flexibility, and long-term potential within a central Irvine location. Spanning 2,598 sq ft, the home features a traditional yet functional two-story layout with four bedrooms and three full bathrooms, including a main-level bedroom and full bath ideal for guests, office, or multi-purpose use. Formal living and dining rooms provide dedicated gathering areas, while the kitchen opens to a breakfast nook and separate family room, creating a natural connection between everyday living and entertaining spaces. Upstairs, three additional bedrooms include a generously sized primary suite with a sitting area and an en-suite bath featuring a large vanity and soaking tub. The floor plan offers clearly defined spaces with the opportunity to reimagine and modernize to suit today’s design preferences.The home is in original condition and ready for renovation, offering a strong foundation for customization. Major systems including the roof and furnace have been updated. The large backyard footprint provides ample room for a pool, outdoor kitchen, garden expansion, or future outdoor living enhancements. Deerfield residents enjoy access to five community pools, multiple parks and tot lots, as well as the expansive 10 acre Deerfield Community Park, located within the community, which offers tennis, racquetball, beach volleyball, frisbee golf, a clubhouse and two additional playgrounds. Nearby amenities include shopping, dining, and everyday conveniences, with convenient access to the I-5 freeway for regional connectivity. The property is also located within the Irvine Unified School District boundaries. Low HOA and no Mello-Roos. This is an opportunity to secure a substantial lot and well-located home in one of Irvine’s most established communities, with the flexibility to design and improve over time. Includes 3D walkthrough available on Zillow.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 8,800 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $341.0 / Month
Neighborhood Insights
Irvine Unified Schools
Deerfield Elementary School
Grades K-6 • 0.5 mi
Greentree Elementary School
Grades K-6 • 0.7 mi
Venado Middle School
Grades 7-8 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,598 | 1,898 | 89% |
| Lot Size | 8,800 | 5,000.5 | 97% |
| Price | $1.70M | $1.64M | 58% |
| Price per sq ft | $654 | $844 | 8% |
| Built year | 1976 | 1976 | 50% |
| HOA | $341.0 | $147 | 89% |
| Days on market | 2 | 159 | 3% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,699,999
Initial Listing