3131 Watermarke, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath
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Irvine, California 92612
This Turnkey Condominium represents a Strong Value Opportunity, listed at $578,000—positioned well above the $539,293 Fair Market Value by -7%. Featuring a Good Condition Rating, this residence offers modern updates including new flooring, fresh paint, and recessed lighting. Residents enjoy a resort-style lifestyle with access to multiple pools, tennis courts, and concierge services. Ideally located near John Wayne Airport and the Irvine Unified school district, this property is a perfect fit for first-time buyers or busy professionals seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3131 Watermarke Subject | $578,000* List Price | 1 | 1 | 648 | $832 | - |
A 2114 Watermarke Sold | $549,000 | 1 | 1 | 648 | $847 | 0.0 mi |
B 3261 Watermarke Sold | $630,000 | 1 | 1 | 868 | $726 | 0.0 mi |
C 3451 Watermarke Place Sold | $675,000 | 1 | 1 | 868 | $778 | 0.0 mi |
D 1306 Scholarship Sold | $565,000 | 1 | 1 | 734 | $770 | 0.2 mi |
E 2379 Scholarship Sold | $555,000 | 1 | 1 | 610 | $910 | 0.1 mi |
F 3339 Watermarke Place Sold | $635,000 | 1 | 1 | 835 | $760 | 0.0 mi |
G 3212 Watermarke Pl Active | $609,000 List Price | 1 | 1 | 648 | $940 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (19 years old), the property falls within the 10-20 year range for 'Good' condition. It features recent cosmetic updates including new flooring, fresh paint, and recessed lighting. The kitchen and bathroom are well-maintained with stone countertops and functional fixtures, making it move-in ready.
The Watermarke community offers an extensive array of premium amenities including concierge service, a clubhouse, multiple pools, and sports courts, providing a high-end lifestyle.
This move-in ready condo features modern upgrades such as new flooring, fresh paint, crown molding, and recessed lighting, ensuring a contemporary feel without immediate renovation needs.
Ideally situated near John Wayne Airport, major freeways, and top-tier shopping and dining, the property offers unparalleled accessibility for professionals and commuters.
The monthly HOA fee of $550 is significant for a 648-square-foot unit, which may deter budget-conscious buyers or impact financing qualifications.
Being situated on the first floor with no designated view may result in less natural privacy and a lack of the scenic outlooks often desired in luxury condominium living.
Welcome to the highly sought-after Watermarke community! This beautifully updated 1-bedroom, 1-bathroom condo offers 648 square feet of comfortable living space and is conveniently located on the first floor. Enjoy resort-style living with exceptional community amenities, including concierge service, a clubhouse, multiple pools, tennis courts, basketball courts, and more. Ideally situated near major freeways, shopping centers, restaurants, and John Wayne Airport, this location provides both convenience and accessibility. Inside, you'll find new flooring, fresh paint, crown molding, recessed lighting, and an in-unit washer and dryer. Thoughtfully updated and move-in ready, this home is the perfect opportunity to enjoy all that Watermarke has to offer.
No exterior & parking available.
Grades K-5 • 3.4 mi
Grades 6-8 • 4.1 mi
Grades 9-12 • 4.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 24% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 648 | 1,447 | 4% |
| Lot Size | 473,967 | 49,632 | 89% |
| Price | $578.0K | $970.0K | 8% |
| Price per sq ft | $892 | $722 | 91% |
| Built year | 2005 | 2004 | 51% |
| HOA | $550.0 | $600 | 34% |
| Days on market | 5 | 166 | 3% |
Jun 1, 2026
$578,000
Initial Listing
Jul 26, 2023
$548,000
Public Record
Sep 19, 2014
$295,000
Public Record
Sep 26, 2011
$215,000
Public Record
Dec 23, 2004
$290,000
Public Record