3422 Watermarke, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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3422 Watermarke
Irvine, California 92612
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,260Sq Ft
473,967Lot Size
Property Price
LIST PRICE$849,000
EST. MARKET VALUE
$832,605
SUMMARY
This Turnkey Condominium represents a stable market acquisition, listed at $849,000, which aligns closely with its $832,606 Fair Market Value. As a top-floor corner end unit, the property offers superior privacy and a Good Condition Rating following recent refreshes, including new appliances and flooring. Residents enjoy a resort-style lifestyle with access to a pool, fitness center, and concierge services. While the Santa Ana Unified school district ratings are modest, the location provides unmatched convenience near UCI and major employment hubs. This residence is an ideal fit for first-time buyers or Owner-Occupants seeking a move-in ready home.
Estimated Market Value
$832,605
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 |
|---|---|---|---|---|---|---|
★ 3422 Watermarke Subject | $849,000* List Price | 2 | 2 | 1,260 | $661 | - |
A 3134 Watermarke Place Sold | $755,000 | 2 | 2 | 1,260 | $599 | 0.0 mi |
B 3400 Watermarke Sold | $795,000 | 2 | 2 | 1,260 | $631 | 0.0 mi |
C 3141 Michelson 805 Sold | $1,060,000 | 2 | 2 | 1,249 | $849 | 0.7 mi |
D 1434 Scholarship Sold | $810,000 | 2 | 2 | 1,274 | $636 | 0.2 mi |
E 2262 Scholarship Sold | $750,000 | 2 | 2 | 1,038 | $723 | 0.1 mi |
F 2322 Scholarship Sold | $720,000 | 2 | 2 | 1,038 | $694 | 0.1 mi |
G 2250 Watermarke Sold | $995,000 | 2 | 3 | 1,523 | $653 | 0.0 mi |
H 1154 Scholarship Sold | $750,000 | 2 | 2 | 1,052 | $713 | 0.2 mi |
I 2408 Watermarke Place Active | $899,000 List Price | 2 | 2 | 1,260 | $713 | 0.0 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 2003 (21 years old), the property is in well-maintained, move-in ready condition. It features a recent refresh including brand new appliances, new carpet, fresh interior paint, and updated light fixtures. While the kitchen and bathroom cabinetry appear original to the build date, the functional updates and overall maintenance level meet the 'Good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Unit Positioning
As a top-floor corner end unit, this residence offers superior privacy with fewer shared walls and no neighbors living above, a highly sought-after configuration in high-density communities.
- Turnkey Condition
The property is move-in ready, featuring significant recent updates including new interior paint, new carpet, updated light fixtures, and brand-new appliances.
- Resort-Style Amenities
The Watermarke community provides an extensive amenity package including a concierge, fitness center, theater room, and multiple pools, offering a high-end lifestyle in a central Irvine location.
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
The association fee of $692 per month is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
- School District Ratings
The assigned schools within the Santa Ana Unified district have relatively low ratings (3-4 range), which may be a drawback for families prioritizing the top-tier educational reputation typically associated with Irvine.
About 3422 Watermarke
Welcome to Watermarke, a desirable gated Mediterranean-inspired community in one of Irvine’s most convenient locations. This top-floor corner end unit offers 2 bedrooms, 2 bathrooms, and a functional dual-suite layout with spacious walk-in closets. The home has been thoughtfully refreshed with new interior paint, new carpet, updated light fixtures, new electrical receptacles, brand new appliances, and select interior updates throughout, creating a clean and move-in ready feel. The living room opens to a private patio with views toward the playground, and the home also features central A/C, interior laundry, and 2 assigned parking spaces. Located near the elevator for added convenience, this residence offers easy access to Watermarke’s resort-style amenities including a pool, spas, fitness center, clubhouse, theater room, business center, sports courts, playground, concierge service, and more. Conveniently located near UCI, John Wayne Airport, Newport Beach, Fashion Island, restaurants, shopping, trails, and major freeways.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- 473,967 Sq. Ft.
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
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 | 2.0 | 3.0 |
| Square foot | 1,260 | 1,652.392 |
| Lot Size | 473,967 | 42,663.332 |
| Price | $849.0K | $1.21M |
| Price per sq ft | $674 | $746 |
| Built year | 2003 | 2010 |
| HOA | $692.0 | $278 |
| Days on market | 15 | 57 |
Pricing History
Listed for Sale
Aug 25, 2026
$849,000
Initial Listing
Sold
Feb 13, 2015
$515,000
Public Record
Sold
Jun 27, 2005
$572,500
Public Record