324 Merit, Irvine, California 92618, Irvine, 92618 - 4 bed, 3 bath

324 Merit, Irvine, California 92618 home-pic-0
ACTIVE$1,950,000
324 Merit, Irvine, California 92618
4Beds
3Baths
3,000Sqft
10,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Brand New & Turnkey Ready: Built in 2024 by Lennar, this home is a 'turnkey residence' with premium hardwood flooring, all appliances included, and designer-selected furniture, allowing for immediate move-in without additional investment.
Top Cons:
Attached Dwelling (Townhouse): As a corner unit townhouse, it implies shared walls, which may offer less privacy and sound insulation compared to a detached single-family home.

Compared to the nearby listings

Price:$1.95M vs avg $1.28M (+$674,000)96%
Size:3,000 sqft vs avg 1,809 sqft96%
Price/sqft:$650 vs avg $70635%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new construction. The listing explicitly states it's a 'turnkey residence' with 'premium hardwood flooring throughout,' 'all appliances included,' and 'designer-selected furniture.' The images confirm a pristine, modern aesthetic with a state-of-the-art kitchen featuring white shaker cabinets, white quartz countertops, and stainless steel appliances (double oven, built-in microwave, large refrigerator, modern range hood). Bathrooms, though not fully pictured, are consistent with new construction standards. All systems, fixtures, and finishes are new, meeting current quality standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$1.95M
Original List price
$1.95M
Price/Sqft
$650
HOA
$150
Days on market
-
Sold On
-
MLS number
OC25131096
Home ConditionExcellent
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

Elegant New Corner Home in Portola High School District – Walk to Top Schools, Enjoy Rooftop Views Welcome to this exceptional 4-bedroom, 3-bathroom corner unit home located in the heart of Irvine’s Great Park community, built in 2024 by renowned builder Lennar. Boasting approximately 3,000 square feet of thoughtfully designed living space, this turnkey residence is move-in ready with premium hardwood flooring throughout, all appliances included, and designer-selected furniture — simply bring your suitcase and settle in. Education excellence is just steps away — this home is ideally situated within a 2-minute walk to Portola High School and Solis Park Elementary, both top-rated with 10/10 school scores. This rare walk-to-school convenience sets the home apart for families seeking unmatched accessibility to premier education. Enjoy the privacy and charm of a front yard corner lot, and take full advantage of the third-floor rooftop terrace, a perfect space to relax or entertain while soaking in spectacular views of the Irvine Spectrum city lights. Residents enjoy access to a wealth of resort-style amenities, including 7 swimming pools, parks, playgrounds, clubhouses, and trails. Located in one of Irvine’s most sought-after neighborhoods with one of the lowest price-per-square-foot values in the Great Park, this home is a true opportunity not to be missed.

Condition Rating
Excellent

This property was built in 2024, making it brand new construction. The listing explicitly states it's a 'turnkey residence' with 'premium hardwood flooring throughout,' 'all appliances included,' and 'designer-selected furniture.' The images confirm a pristine, modern aesthetic with a state-of-the-art kitchen featuring white shaker cabinets, white quartz countertops, and stainless steel appliances (double oven, built-in microwave, large refrigerator, modern range hood). Bathrooms, though not fully pictured, are consistent with new construction standards. All systems, fixtures, and finishes are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New & Turnkey Ready: Built in 2024 by Lennar, this home is a 'turnkey residence' with premium hardwood flooring, all appliances included, and designer-selected furniture, allowing for immediate move-in without additional investment.
Exceptional School Access: Uniquely situated within a 2-minute walk to top-rated Portola High School and Solis Park Elementary (both 10/10 scores), offering unparalleled convenience for families.
Rooftop Terrace with City Views: Features a desirable third-floor rooftop terrace, perfect for relaxation and entertaining, boasting spectacular views of the Irvine Spectrum city lights.
Resort-Style Community Amenities: Residents enjoy access to a wealth of amenities including 7 swimming pools, parks, playgrounds, clubhouses, and trails, enhancing the lifestyle appeal.
Prime Location & Value Proposition: Located in Irvine’s sought-after Great Park community, it offers one of the lowest price-per-square-foot values in the area, representing a strong investment opportunity.

Cons

Attached Dwelling (Townhouse): As a corner unit townhouse, it implies shared walls, which may offer less privacy and sound insulation compared to a detached single-family home.
Ongoing Association Fees: The property incurs a monthly association fee of $150, which is an additional recurring cost for homeowners beyond the mortgage and taxes.
Limited Private Outdoor Space: Despite being a corner unit with a 'front yard corner lot,' the private outdoor space is likely limited, potentially not meeting the needs of buyers desiring a larger, traditional backyard.

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