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309 Brimwood, Irvine, California 92618, Irvine, 92618 - 4 bed, 5 bath

309 Brimwood, Irvine, California 92618 home-pic-0
ACTIVE$3,196,000
309 Brimwood, Irvine, California 92618
4Beds
5Baths
3,220Sqft
3,825Lot

Price Vs. Estimate

The estimated value ($2,870,480.16) is $325,519.84 (10%) lower than the list price ($3,196,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction & High-End Upgrades: Built in 2024, this property boasts over $120,000 in upgrades, including Sub-Zero and Wolf appliances, wood flooring on the main level, and panoramic doors, offering a luxurious and modern living experience.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3825, living area = 3220.

Compared to the nearby listings

Price:$3.20M vs avg $2.30M (+$896,500)83%
Size:3,220 sqft vs avg 2,781 sqft70%
Price/sqft:$993 vs avg $84089%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new. The description highlights over $120,000 in upgrades, including Sub-Zero and Wolf appliances in the kitchen, wood flooring on the main level, and panoramic doors. The images confirm a pristine, modern aesthetic throughout, with high-end finishes in the kitchen and bathrooms, consistent with new construction and recent luxury renovations. All components appear new with no signs of wear or deferred maintenance.
Year Built
2024
Close
-
List price
$3.2M
Original List price
$3.2M
Price/Sqft
$993
HOA
$183
Days on market
-
Sold On
-
MLS number
OC25042801
Home ConditionExcellent
Features
Good View: None
Patio
View-

About this home

Perched at the HIGHEST POINT in Portola Springs, this expansive Plan 3 in the Olivewood community by New Home Co. offers 3,220 sq. ft. of luxurious living space. The most coveted TUSCAN elevation! With 4 bedrooms (including a main-floor suite), 4.5 bathrooms, and a spacious LOFT, the home has undergone over $120,000 in upgrades. These include solar panels (paid off by owner), wood flooring on the main level, Sub-Zero and Wolf appliances, and panoramic doors leading to backyard. The open floor plan allows for seamless living, and the beautifully landscaped yard creates an ideal outdoor retreat. Located in the Irvine Unified School District, close to top-rated schools (assigned Loma Ridge Elementary and Portola High School) and within walking distance of scenic trails and over 15 amenity-filled parks with Olympic-size pools, mini golf, tennis courts, and BBQ, this home is an extraordinary find! ---Furniture and decor are negotiable---

Condition Rating
Excellent
This property was built in 2024, making it brand new. The description highlights over $120,000 in upgrades, including Sub-Zero and Wolf appliances in the kitchen, wood flooring on the main level, and panoramic doors. The images confirm a pristine, modern aesthetic throughout, with high-end finishes in the kitchen and bathrooms, consistent with new construction and recent luxury renovations. All components appear new with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Brand New Construction & High-End Upgrades: Built in 2024, this property boasts over $120,000 in upgrades, including Sub-Zero and Wolf appliances, wood flooring on the main level, and panoramic doors, offering a luxurious and modern living experience.
Exceptional Community Amenities: Located in the amenity-rich Portola Springs, residents have walking access to scenic trails and over 15 parks featuring Olympic-size pools, mini golf, tennis courts, and BBQ areas, enhancing lifestyle and recreation opportunities.
Top-Rated School District: The home is situated within the highly desirable Irvine Unified School District, assigned to top-rated Loma Ridge Elementary and Portola High School, a significant draw for families.
Energy Efficiency: The inclusion of paid-off solar panels provides substantial long-term energy cost savings and contributes to environmental sustainability, adding tangible value for the homeowner.
Spacious & Functional Layout: With 3,220 sq. ft. of living space, 4 bedrooms (including a convenient main-floor suite), 4.5 bathrooms, a spacious loft, and an open floor plan, the home offers versatile and comfortable living arrangements.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3825, living area = 3220.
Premium Pricing Relative to Comparables: The current list price of $3.196M is approximately 10% above its estimated value and notably higher than recent sales of comparable properties in the Olivewood community, potentially limiting buyer interest or requiring price adjustments.
No Explicit View Designation: Despite being described as 'Perched at the HIGHEST POINT,' the official listing indicates 'view: None,' which might be a point of clarification for buyers expecting scenic vistas from such a prominent location.
Ongoing Association Fees: A monthly association fee of $183 adds to the recurring cost of homeownership, which, while common in master-planned communities, is an additional financial consideration for potential buyers.

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