313 Terrapin, Irvine, California 92618, Irvine, 92618 - 5 bed, 4 bath
313 Terrapin
Irvine, California 92618
Property Price
SUMMARY
Analysis of 313 Terrapin, Irvine, California 92618 is currently available with a list price of $2,580,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is brand new, built in 2025, and features modern, high-quality finishes throughout. The gourmet kitchen boasts new stainless steel appliances, quartz countertops, and stylish cabinetry. Luxury vinyl plank flooring and contemporary light fixtures are present in the main living areas, with new carpeting in bedrooms. All systems, including central HVAC, are new and energy-efficient, indicating no deferred maintenance and meeting current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Modern Design
Built in 2025 with energy-efficient construction, the home boasts stylish modern finishes, luxury vinyl plank flooring, a gourmet kitchen with quartz countertops, and a spa-style primary bathroom.
- Desirable Location & Amenities
Situated in the vibrant Great Park Neighborhood of Irvine, offering access to top-rated Irvine Unified schools, extensive resort-style community amenities, and walkable proximity to the Great Park Sports Complex.
- Spacious & Flexible Living Spaces
Features a generous 2,743 sq ft open-concept layout with 5 bedrooms and 4 bathrooms, including a convenient main-floor bedroom/bath, an upstairs loft, and a California Room for indoor-outdoor living.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
The 3,000 sq ft lot size is relatively small for a detached home of this square footage, potentially offering limited private outdoor living or yard space.
- Condominium Status & HOA Dues
Despite being a detached home, its 'Condominium' sub-type implies shared ownership aspects and comes with a monthly association fee of $260, which adds to the overall cost of ownership and may not suit all buyers.
- Premium Price Point
The list price of $2.58 million positions this property at a premium level, which, while reflective of its newness and location, may narrow the pool of potential buyers.
About 313 Terrapin
Full Furniture!Brand new in 2025! Located in the vibrant Great Park Neighborhood, this beautiful 5-bedroom, 4-bathroom detached home offers 2,743 sq ft of bright, open living space and stylish modern finishes. Highlights: • Open-concept layout with luxury vinyl plank flooring • Gourmet kitchen with quartz countertops, center island, and walk-in pantry • Main-floor bedroom and full bath – perfect for guests or in-laws • Spacious primary suite with walk-in closet and spa-style bathroom • California Room for indoor-outdoor living • Upstairs loft ideal for an office or second lounge • 2-car attached garage, central HVAC, and energy-efficient construction Community Perks: • Located in Ovata at Great Park • Resort-style pool, spa, BBQ areas, parks, playgrounds, and trails • Walkable to Great Park Sports Complex
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2025
- Lot Size
- 3,000 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $260.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 97% |
| Baths | 4.0 | 3.0 | 71% |
| Square foot | 2,734 | 2,035 | 91% |
| Lot Size | 3,000 | 1,620 | 55% |
| Price | $2.58M | $1.38M | 99% |
| Price per sq ft | $944 | $700 | 97% |
| Built year | 2025 | 2021 | 73% |
| HOA | $260.0 | $240 | 56% |
| Days on market | 43 | 187 | 3% |
Pricing History
Listed for Sale
Jan 23, 2026
$2,580,000
Initial Listing