3131 Watermarke Place, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath
ACTIVE$620,000
3131 Watermarke Place, Irvine, California 92612
1Bed
1Bath
648Sqft
473,967Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Community Amenities: 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.
Top Cons:
Compact Square Footage: 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.
Compared to the nearby listings
Price:$620.0K vs avg $980.0K ($-360,000)6%
Size:648 sqft vs avg 1,441 sqft4%
Price/sqft:$957 vs avg $75190%
More Insights
Built in 2005 (20 years old).
Condition: 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.
Year Built
2005
Close
-
List price
$620K
Original List price
$640K
Price/Sqft
$957
HOA
$499
Days on market
-
Sold On
-
MLS number
OC25096914
Home ConditionGood
Features
Patio
View-
About this home
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.
Nearby schools
4/10
Monroe Elementary School
Public,•K-5•3.4mi
3/10
Mcfadden Intermediate School
Public,•6-8•4.1mi
3/10
Century High School
Public,•9-12•4.5mi
Condition Rating
Good
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.
Pros & Cons
Pros
Exceptional Community Amenities: 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.
Strategic Location: 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.
Modern & Move-in Ready Interior: 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.
Desirable Irvine Address: Located in the highly sought-after city of Irvine and within the reputable Irvine Unified School District, contributing to strong market demand and potential property value appreciation.
Relatively Modern Construction: Built in 2005, the property benefits from more modern construction standards and potentially fewer immediate maintenance concerns compared to older units.
Cons
Compact Square Footage: 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.
High Association Fee: 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.
Lack of View: 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.