3131 Watermarke Place, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath
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Irvine, California 92612
This Resort-Style Urban Sanctuary is listed at $598,000, offering a stable entry into the competitive Irvine market near its $573,850 Fair Market Value. Boasting a Condition Rating of 3, the interior is entirely move-in ready with modern laminate flooring and a Private Patio. Residents enjoy elite Watermarke Community Amenities, including a concierge, multiple pools, and tennis courts, all while situated within the prestigious Irvine Unified School District. This turnkey residence is an ideal match for young professionals or first-time buyers seeking a sophisticated, low-maintenance lifestyle near UCI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3131 Watermarke Place Subject | $578,000* List Price | 1 | 1 | 648 | $876 | - |
A 3125 Watermarke Place Sold | $570,000 | 1 | 1 | 648 | $880 | 0.0 mi |
B 3231 Watermarke Pl Sold | $560,000 | 1 | 1 | 648 | $864 | 0.0 mi |
C 2114 Watermarke Sold | $549,000 | 1 | 1 | 648 | $847 | 0.1 mi |
D 2379 Scholarship Sold | $555,000 | 1 | 1 | 610 | $910 | 0.1 mi |
E 3339 Watermarke Place Sold | $635,000 | 1 | 1 | 835 | $760 | 0.0 mi |
F 1106 Scholarship Sold | $530,000 | 1 | 1 | 734 | $722 | 0.1 mi |
G 3212 Watermarke Pl Active | $617,500 List Price | 1 | 1 | 648 | $953 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this condo is 19 years old and falls within the 'Good' condition age range. The property features modern laminate flooring and recessed lighting, indicating recent updates. The kitchen is functional and clean with granite countertops and a stainless steel microwave, though the white range and refrigerator appear to be original or older, showing some age in style but not disrepair. The overall unit is well-maintained and move-in ready, requiring no immediate renovations.
The Watermarke community offers resort-style amenities including concierge service, a clubhouse, multiple pools, tennis courts, and basketball courts, significantly enhancing resident lifestyle and appeal.
Situated in the desirable city of Irvine, the property boasts excellent proximity to major freeways, diverse dining, shopping centers, and the airport, ensuring convenience and connectivity.
The condo features desirable interior upgrades such as laminate flooring, recessed lighting, and an in-unit washer/dryer, providing a contemporary and functional living space for immediate occupancy.
At 648 square feet, this 1-bedroom, 1-bathroom unit is quite compact, which may limit its appeal to buyers seeking more spacious living areas.
A monthly association fee of $499.00 is relatively high for a 648 sqft 1-bedroom condo, potentially impacting affordability and long-term ownership costs.
The property explicitly states 'None' for the view, which can be a drawback for a condo, especially in a desirable area where views often command a premium.
Welcome to the beautiful and highly desired Watermarke! This 1 bed 1 bath condo is 648 square feet, and located on the first floor. This sought-out community includes resort style amenities such as concierge service, clubhouse, pools, tennis courts, basketball courts, and so much more. It is right by the freeways, restaurants, shopping centers and even the airport! Condo includes laminate flooring, recessed lighting, and in-unit washer dryer. 3131 Watermarke is an amazing opportunity, and I look forward to seeing you here soon.
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 | 26% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 648 | 1,447 | 7% |
| Lot Size | 473,967 | 51,599 | 85% |
| Price | $578.0K | $980.0K | 10% |
| Price per sq ft | $892 | $727 | 90% |
| Built year | 2005 | 2003 | 57% |
| HOA | $499.0 | $588 | 24% |
| Days on market | 350 | 189 | 97% |
Apr 10, 2026
$578,000
$598,000
-3% Price Drop
Initial Listing
Mar 4, 2026
$598,000
$620,000
-4% Price Drop
Initial Listing
Dec 1, 2025
$620,000
Initial Listing
May 7, 2025
$640,000
Initial Listing