3373 Watermarke, Irvine, California 92612, Irvine, 92612 - 2 bed, 3 bath
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3373 Watermarke
Irvine, California 92612
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,523Sq Ft
473,967Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$1,073,507
SUMMARY
This Turnkey Townhome represents a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,073,508 Fair Market Value by 2%. This valuation gap offers $23,508 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent high-end remodels, the residence includes a private deck and park views. While served by the Santa Ana Unified School District, its proximity to UC Irvine and resort-style amenities makes it an ideal choice for Buy-and-Hold Investors or Owner-Occupants seeking a premium Irvine lifestyle.
Estimated Market Value
$1,073,507
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 |
|---|---|---|---|---|---|---|
★ 3373 Watermarke Subject 2 bd · 3 ba · 1,523 sqft · $705 | $1,050,000* List Price | 2 | 3 | 1,523 | $705 | - |
A 3072 Scholarship Sold 2 bd · 2 ba · 1,375 sqft · $727 · 0.1 mi | $999,999 | 2 | 2 | 1,375 | $727 | 0.1 mi |
B 3422 Watermarke Sold 2 bd · 2 ba · 1,260 sqft · $651 · 0.0 mi | $820,000 | 2 | 2 | 1,260 | $651 | 0.0 mi |
C 2250 Watermarke Sold 2 bd · 3 ba · 1,523 sqft · $653 · 0.0 mi | $995,000 | 2 | 3 | 1,523 | $653 | 0.0 mi |
D 3400 Watermarke Sold 2 bd · 2 ba · 1,260 sqft · $631 · 0.0 mi | $795,000 | 2 | 2 | 1,260 | $631 | 0.0 mi |
E 3064 Scholarship Sold 2 bd · 2 ba · 1,477 sqft · $769 · 0.1 mi | $1,136,000 | 2 | 2 | 1,477 | $769 | 0.1 mi |
F 3360 Watermarke Place Sold 3 bd · 2 ba · 1,456 sqft · $644 · 0.0 mi | $938,000 | 3 | 2 | 1,456 | $644 | 0.0 mi |
G 3131 Michelson 1402 Sold 2 bd · 2 ba · 1,330 sqft · $865 · 0.7 mi | $1,150,000 | 2 | 2 | 1,330 | $865 | 0.7 mi |
H 3131 Michelson Drive 507 Sold 2 bd · 2 ba · 1,492 sqft · $590 · 0.7 mi | $880,000 | 2 | 2 | 1,492 | $590 | 0.7 mi |
I 3273 Watermarke Place Active 2 bd · 3 ba · 1,523 sqft · $607 · 0.0 mi | $925,000 List Price | 2 | 3 | 1,523 | $607 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2005, the property has been recently remodeled (within <5 years) featuring a modern kitchen with stainless steel KitchenAid appliances, updated bathrooms with contemporary vanities and glass enclosures, and fresh interior finishes throughout, placing it in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Recently Remodeled Interior
The property features a recently updated and beautifully appointed interior, offering a modern, move-in-ready aesthetic that appeals to contemporary buyers.
- Resort-Style Community Amenities
Located in the prestigious Watermarke community, residents have access to high-end amenities including pools, spas, fitness facilities, and recreational spaces that enhance the lifestyle value.
- Prime Irvine Location
The townhome is strategically positioned near UC Irvine, major business hubs, and the coastal luxury of Newport Beach, making it an ideal spot for professionals and investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =473967, other record lot size in square feet = 514168.
- High Monthly HOA Fees
At $721.35 per month, the association fees are relatively high, which may impact the overall affordability and debt-to-income ratio for some buyers.
- Lower School Ratings
The property is served by the Santa Ana Unified School District with school ratings ranging from 3 to 4, which may be less competitive compared to the neighboring Irvine Unified School District.
About 3373 Watermarke
Welcome to this beautifully appointed and recently remodeled 2-bedroom, 2.5-bath townhome in the highly desirable Watermarke community of Irvine. Offering approximately 1,523 square feet of thoughtfully designed living space, this residence combines comfort, style, and an exceptional location. The spacious floor plan provides an inviting setting for both everyday living and entertaining, with generously sized living areas, well-proportioned bedrooms, and the convenience of 2 reserved garage parking spots. Thoughtful updates and a well-maintained interior create a home that is both comfortable today and ready for its next chapter. Enjoy the lifestyle Watermarke is known for, with resort-inspired community amenities, beautifully maintained grounds, pools and spas, fitness facilities, and recreational spaces. Ideally situated near UC Irvine, major freeways, shopping, dining, business centers, and the coastal communities of Newport Beach and Corona del Mar. Whether you're looking for a primary residence, an Irvine home close to everything, or an investment opportunity, 3373 Watermarke Place offers an appealing combination of space, location, amenities, and lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 473,967 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $721.35 / Month
Neighborhood Insights
Irvine Unified Schools
Monroe Elementary School
Grades K-5 • 3.4 mi
4/10
Mcfadden Intermediate School
Grades 6-8 • 4.1 mi
3/10
Century High School
Grades 9-12 • 4.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,523 | 1,685.105 |
| Lot Size | 473,967 | 42,358.594 |
| Price | $1.05M | $1.21M |
| Price per sq ft | $689 | $740 |
| Built year | 2005 | 2010 |
| HOA | $721.35 | $280 |
| Days on market | 15 | 61 |
Pricing History
Listed for Sale
Oct 10, 2026
$1,050,000
Initial Listing
Sold
May 13, 2011
$415,000
Public Record
Sold
May 27, 2005
$559,000
Public Record