3134 Watermarke Place, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
3134 Watermarke Place
Irvine, California 92612
Property Price
SUMMARY
Analysis of 3134 Watermarke Place, Irvine, California 92612 is currently available with a list price of $790,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and well-maintained, featuring modern updates such as new vinyl plank flooring throughout. Built in 2004, the kitchen remains functional and attractive with granite countertops and custom cabinetry. While the property is approximately 21 years old, the interior shows minimal wear and tear, and the dual master suite layout with central AC and resort-style amenities aligns with the 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The Watermarke community offers an extensive luxury amenity package, including concierge services, multiple pools, a fitness center, tennis and basketball courts, and a cinema room, providing a high-end lifestyle experience.
- Prime Central Location
Ideally situated with immediate access to UCI, John Wayne Airport, and major freeways (405/55/73), as well as premier shopping and dining at South Coast Plaza and Fashion Island.
- Functional Dual-Master Layout
The 'Fifth Avenue' floor plan features two separate master suites with walk-in closets and an end-unit position with Southern exposure, maximizing both privacy and natural light throughout the home.
CONSRISKS & DEFICIENCIES
- School District Discrepancy
While the property holds an Irvine address, it is served by the Santa Ana Unified School District rather than the highly-coveted Irvine Unified School District, which may impact long-term resale value and appeal to families.
- High Monthly HOA Dues
The association fee of $692 per month represents a significant recurring carrying cost that may affect buyer affordability and overall debt-to-income ratios.
About 3134 Watermarke Place
NEW PHOTOS! Model Fifth Avenue property. Enjoy resort-style living in the Watermarke community. End unit located on the street level. Dual master suites with walk-in closets. This property has a fireplace, custom paint, Southern exposure with lots of light. The kitchen has custom cabinetry, a full-size refrigerator, dishwasher, stove & microwave, plenty of granite counter space and room for a breakfast nook. Separate dining area has a chandelier. Private patio for dining al fresco. Separate utility closet for the washer and dryer. Central air conditioning with digital climate control. All vinyl plank flooring throughout. All the amenities that you can imagine: concierge service, pools, spas, fitness center, two-story clubhouse with kitchen, conference rooms, tennis, basketball court, cinema room, beautiful gardens & fountains and special community events. Two reserved parking spaces: 674 & 676, within a short walk to parking structure. Across the street from the San Joaquin Wildlife Sanctuary. Minutes to UCI, OC Airport, 405/55/73 freeways, South Coast Plaza, Fashion Island, Corona del Mar, Newport Beach, and the Mtns to the Sea Trail. Floor plan included in photos.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $692.0 / Month
Neighborhood Insights
Irvine Unified Schools
Monroe Elementary School
Grades K-5 • 3.4 mi
Mcfadden Intermediate School
Grades 6-8 • 4.1 mi
Century High School
Grades 9-12 • 4.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,260 | 1,441 | 45% |
| Lot Size | - | 41,727 | 45% |
| Price | $790.0K | $970.0K | 29% |
| Price per sq ft | $627 | $746 | 11% |
| Built year | 2004 | 2003 | 57% |
| HOA | $692.0 | $588 | 88% |
| Days on market | 75 | 169 | 14% |
Pricing History
Listed for Sale
Mar 3, 2026
$790,000
$794,500
-1% Price Drop
Initial Listing
Price Change
Feb 27, 2026
$794,500
$799,500
-1% Price Drop
Initial Listing
Price Change
Feb 16, 2026
$799,500
$805,000
-1% Price Drop
Initial Listing
Price Change
Jan 28, 2026
$805,000
$810,000
-1% Price Drop
Initial Listing
Price Change
Dec 22, 2025
$810,000
Initial Listing
Sold
Apr 30, 2015
$505,000
Public Record
Sold
Feb 22, 2005
$516,000
Public Record