32 Perennial, Irvine, California 92603, Irvine, 92603 - 2 bed, 2 bath
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32 Perennial
Irvine, California 92603
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,382Sq Ft
60,593Lot Size
Property Price
LIST PRICE$1,020,000
EST. MARKET VALUE
$1,037,225
SUMMARY
This Move-In Ready Carriage-Style Condominium is a Strong Value Opportunity, listed at $1,020,000—positioned well below the $1,037,225 Fair Market Value by 1.66%. This valuation gap offers $17,225 in Instant Equity. Featuring a recently renovated kitchen and a Condition Rating of 3, the home offers a low-maintenance lifestyle in the Irvine Unified School District. With proximity to top-rated schools and a private, single-level layout, this property is an ideal fit for first-time buyers or owner-occupants seeking a premium, turn-key residence.
Estimated Market Value
$1,037,225
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32 Perennial Subject 2 bd · 2 ba · 1,382 sqft · $751 | $1,020,000* List Price | 2 | 2 | 1,382 | $751 | - |
A 362 Quail Ridge Sold 2 bd · 2 ba · 1,432 sqft · $663 · 0.4 mi | $950,000 | 2 | 2 | 1,432 | $663 | 0.4 mi |
B 171 Stepping Stone Sold 3 bd · 3 ba · 1,683 sqft · $755 · 0.2 mi | $1,270,000 | 3 | 3 | 1,683 | $755 | 0.2 mi |
C 33 Flowerbud Sold 2 bd · 2 ba · 1,382 sqft · $716 | $990,000 | 2 | 2 | 1,382 | $716 | - |
D 229 Dewdrop Active 2 bd · 3 ba · 1,233 sqft · $859 · 0.1 mi | $1,059,000 List Price | 2 | 3 | 1,233 | $859 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004 (20 years old), the property is in move-in condition and well-maintained. It features a recently renovated kitchen with new shaker cabinetry and quartz countertops, though the bathrooms and some fixtures reflect the original 20-year age of the home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Schools
Situated in the highly desirable Quail Hill community within the top-rated Irvine Unified School District, offering excellent long-term value and access to premium lifestyle amenities.
- Modern Kitchen Renovation
The recently updated kitchen features new shaker cabinetry and quartz countertops, providing a contemporary, move-in-ready aesthetic that eliminates the need for immediate post-purchase remodeling.
- Single-Level Carriage Layout
The carriage-style design ensures all living areas are on one level with no neighbors living above, offering enhanced privacy and the convenience of a low-maintenance lifestyle.
CONSRISKS & DEFICIENCIES
- Limited Private Outdoor Space
As a carriage-style condominium, the property lacks a private backyard or significant outdoor area, which may be a drawback for buyers with pets or those who prioritize gardening.
- High Price Point for Unit Size
With a list price exceeding $1 million for a two-bedroom configuration, the property sits at a premium price per square foot that may limit the pool of entry-level buyers in the Irvine market.
About 32 Perennial
32 Perennial is a carriage-style condominium in coveted Quail Hill Irvine. It is presented in move-in condition and offers 1,382 square feet of well-appointed living space, with two bedrooms and two full bathrooms all on the upper level. The kitchen has been recently renovated with all new shaker cabinetry and quartz countertops, combining refined design with lasting function. The adjoining living and dining areas form a comfortable setting for both daily living and formal entertaining. The primary bedroom suite includes a private 3/4 bathroom with dual sinks. The carriage-style design gives residents the benefit of all living space on the same level, while keeping the ease of a low-maintenance lifestyle. The home is near Irvine's highly regarded schools, parks, retail centers and dining, with convenient access to major transportation corridors.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- 60,593 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $220.0 / Month
Neighborhood Insights
Irvine Unified Schools
Alderwood Elementary School
Grades K-6 • 0.2 mi
7/10
Rancho San Joaquin Middle School
Grades 7-8 • 1.9 mi
9/10
University High School
Grades 9-12 • 2.5 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,382 | 1,685.105 |
| Lot Size | 60,593 | 42,358.594 |
| Price | $1.02M | $1.21M |
| Price per sq ft | $738 | $740 |
| Built year | 2004 | 2010 |
| HOA | $220.0 | $280 |
| Days on market | 14 | 61 |
Pricing History
Listed for Sale
Oct 11, 2026
$1,020,000
Initial Listing
Sold
May 21, 2018
$699,000
Public Record
Sold
Dec 1, 2016
$571,000
Public Record
Sold
Dec 27, 2012
$352,000
Public Record
Sold
Jul 31, 2003
$361,500
Public Record