3241 Watermarke, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath
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Irvine, California 92612
This Oversized Carlton Arms Condominium is a Strong Value Opportunity, listed at $647,500—positioned well above the $625,782 Fair Market Value by 3%. While currently priced for the market, the unit offers superior square footage and Premium Interior Upgrades including custom cabinetry and a European closet system. With a Good Condition Rating, this residence provides a turnkey lifestyle featuring resort-style amenities like pools and tennis courts. It is an ideal acquisition for Owner-Occupants seeking luxury space or first-time buyers prioritizing long-term value in Irvine.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3241 Watermarke Subject | $595,900* List Price | 1 | 1 | 835 | $732 | - |
A 3451 Watermarke Place Sold | $675,000 | 1 | 1 | 868 | $778 | 0.0 mi |
B 3261 Watermarke Sold | $630,000 | 1 | 1 | 868 | $726 | 0.0 mi |
C 2202 Watermarke Sold | $595,000 | 1 | 1 | 746 | $798 | 0.0 mi |
D 2114 Watermarke Sold | $549,000 | 1 | 1 | 648 | $847 | 0.0 mi |
E 1306 Scholarship Sold | $565,000 | 1 | 1 | 734 | $770 | 0.2 mi |
F 1308 Scholarship Sold | $758,500 | 2 | 2 | 1,052 | $721 | 0.2 mi |
G 1329 Scholarship Sold | $750,000 | 2 | 2 | 1,032 | $727 | 0.2 mi |
H 1106 Scholarship Sold | $530,000 | 1 | 1 | 734 | $722 | 0.2 mi |
I 3458 Watermarke Active Under Contract | $659,000 List Price | 1 | 1 | 868 | $759 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this 21-year-old property is exceptionally well-maintained and move-in ready. It features premium upgrades including custom cabinetry, crown molding, and a high-end European closet system. While the white kitchen appliances are slightly dated, the stone countertops and overall 'luxury' condition described and pictured align with the 'Good' criteria for functional, well-maintained residences.
As the oversized Carlton Arms model, this unit offers 835 square feet of living space, providing nearly 200 more square feet than standard one-bedroom units in the building for the best price-per-square-foot value.
The residence features high-end custom cabinetry, elegant crown molding, and a sophisticated European-style built-in closet system, offering a level of finish that exceeds standard units in the complex.
Residents benefit from a comprehensive luxury amenity package, including multiple pools, a fitness center, tennis courts, and concierge services, enhancing the overall lifestyle and rental appeal.
The monthly association fee of $547.89 is a significant recurring expense for a one-bedroom property, which may impact affordability and debt-to-income ratios for some buyers.
With 40 days on the market and four consecutive price reductions, the property has struggled to gain traction at its initial valuation, suggesting a disconnect with current buyer expectations.
THE BEST VALUE PER SQUARE FOOT IN WATERMARKE! Why pay the same high HOA fees for a cramped layout when you can own the premier, oversized Carlton Arms model? Spanning a massive 835 square feet, this highly coveted second-floor residence delivers nearly 200 MORE square feet of living space than competing 1-bedroom units in the building—making it the lowest price-per-square-foot luxury option available! Step inside to find absolute premium upgrades omitted in standard units, including extensive custom cabinetry throughout the kitchen, dining, and laundry areas, elegant crown molding, and a high-end built-in European closet system. Enjoy a peaceful, light-filled private balcony overlooking a serene tree-lined walkway. Skip the typical high-rise parking maze—this unit features an incredibly convenient parking flow straight from your assigned space to your front door. Complete with resort-style amenities (pools, fitness, tennis, concierge). Don't settle for less square footage when you can have premier luxury space and superior long-term value! Seller will consider all offers.
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 |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 835 | 1,772 |
| Lot Size | 473,967 | 46,724 |
| Price | $595.9K | $1.27M |
| Price per sq ft | $714 | $753 |
| Built year | 2005 | 2014 |
| HOA | $547.89 | $296 |
| Days on market | 69 | 60 |
Jun 25, 2026
$595,900
$647,500
-8% Price Drop
Initial Listing
Jun 23, 2026
$647,500
$648,900
+0% Price Increase
Initial Listing
Jun 14, 2026
$648,900
$659,990
-2% Price Drop
Initial Listing
May 30, 2026
$659,990
$669,000
-1% Price Drop
Initial Listing
May 14, 2026
$669,000
Initial Listing
Sep 11, 2015
$382,000
Public Record
Mar 25, 2005
$359,000
Public Record