312 Brimwood, Irvine, California 92618, Irvine, 92618 - 4 bed, 3 bath

312 Brimwood, Irvine, California 92618 home-pic-0
ACTIVE$2,985,000
312 Brimwood, Irvine, California 92618
4Beds
3Baths
3,052Sqft
4,500Lot

Price Vs. Estimate

The estimated value ($2,749,868.78) is $235,131.22 (7%) lower than the list price ($2,985,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction & Quality: Built in 2024, this home is brand new, featuring contemporary design, expansive floor plan, delightful interior accents, and meticulously crafted premium materials.
Top Cons:
Listed Above Estimated Market Value: The current list price of $2,985,000 is approximately 7% higher than the property's estimated market value of $2,749,868, which may affect buyer interest and financing.

Compared to the nearby listings

Price:$2.98M vs avg $2.30M (+$685,500)78%
Size:3,052 sqft vs avg 2,781 sqft65%
Price/sqft:$978 vs avg $84089%

More Insights

Built in 2024 (1 years old).
Condition: This property is a brand new home built in 2024, explicitly stated in the description. The images confirm a contemporary design with a gourmet kitchen featuring a roomy island, stainless steel appliances, and modern white cabinetry. The primary bathroom boasts a spa-like experience with a generously sized tub, shower, and double vanity, all in pristine, new condition. The property also includes an owned solar system and premium materials throughout, aligning perfectly with the 'excellent' criteria of being newly built with all components new and meeting current quality standards.
Year Built
2024
Close
-
List price
$2.98M
Original List price
$2.99M
Price/Sqft
$978
HOA
$180
Days on market
-
Sold On
-
MLS number
OC25110985
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Welcome to 312 Brimwood, Gorgeous Brand New home built in 2024. Two Level four bedrooms Single Family House with Owned Solar. Contemporary and expansive floor plan with delightful interior accents. The open design incorporates a gourmet kitchen with a roomy island and a walk-in pantry. Effortlessly, glass doors open to unveil breathtaking Irvine vistas, seamlessly expanding the living area outdoors—ideal for al fresco dining and family gatherings. The first floor boasts a versatile downstairs bedroom, perfect for an office or guestroom, along with a two-car garage. Ascending to the second floor reveals a spacious loft and three additional bedrooms with the Own Bathrooms, including the primary bedroom with a spa-like bathroom featuring a generously sized tub, shower, and double vanity. Olivewood offers a contemporary living experience in a coveted Irvine location. Meticulously crafted with the utmost attention to detail, this home boasts premium materials that meet the expectations of discerning buyers. This sought-after Irvine address offers not only a luxurious living space, but also the convenience of being within walking distance to Loma Ridge Elementary School, extensive scenic trails, and over 15 family-friendly resort-style parks with abundant amenities. Don't miss out on the opportunity to make Olivewood in Irvine your new home. Must See.

Condition Rating
Excellent

This property is a brand new home built in 2024, explicitly stated in the description. The images confirm a contemporary design with a gourmet kitchen featuring a roomy island, stainless steel appliances, and modern white cabinetry. The primary bathroom boasts a spa-like experience with a generously sized tub, shower, and double vanity, all in pristine, new condition. The property also includes an owned solar system and premium materials throughout, aligning perfectly with the 'excellent' criteria of being newly built with all components new and meeting current quality standards.
Pros & Cons

Pros

Brand New Construction & Quality: Built in 2024, this home is brand new, featuring contemporary design, expansive floor plan, delightful interior accents, and meticulously crafted premium materials.
Owned Solar System: The property includes an owned solar system, offering significant energy efficiency and long-term cost savings for the homeowner.
Modern & Versatile Floor Plan: The open design incorporates a gourmet kitchen with a roomy island and walk-in pantry, a versatile downstairs bedroom (ideal for office/guest), a spacious loft, and a spa-like primary bathroom with a generously sized tub, shower, and double vanity.
Exceptional Indoor-Outdoor Living: Glass doors effortlessly open to breathtaking Irvine vistas, seamlessly expanding the living area outdoors, perfect for al fresco dining and family gatherings.
Prime Location & Community Amenities: Situated in a coveted Irvine location within the Olivewood subdivision, offering walking distance to Loma Ridge Elementary School, extensive scenic trails, and access to over 15 family-friendly resort-style parks with abundant amenities.

Cons

Listed Above Estimated Market Value: The current list price of $2,985,000 is approximately 7% higher than the property's estimated market value of $2,749,868, which may affect buyer interest and financing.
Competitive Pricing in the Local Market: Several recently sold comparable properties in the Olivewood subdivision and nearby areas have closed at lower price points, some offering similar or greater square footage and/or more bathrooms, suggesting the current listing may face strong competition.
Ongoing Homeowners Association (HOA) Fees: A monthly association fee of $180 adds to the recurring cost of homeownership, which is a factor for potential buyers to consider.

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