343 Paradiso, Irvine, California 92602, Irvine, 92602 - 4 bed, 3 bath
343 Paradiso
Irvine, California 92602
Property Price
SUMMARY
Analysis of 343 Paradiso, Irvine, California 92602 reveals a Prime Investment Opportunity with a current list price of $2,799,000—significantly undercutting the $2,887,374 Fair Market Value by 3%. This valuation gap indicates a +$88,374 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 343 Paradiso Subject | $2,799,000* List Price | 4 | 3 | 2,548 | $1,133 | - |
A 173 Somera Sold | $2,718,800 | 4 | 4 | 2,500 | $1,088 | 0.4 mi |
B 107 Somera Sold | $3,380,000 | 4 | 3 | 2,938 | $1,150 | 0.5 mi |
C 100 Viano Sold | $2,700,000 | 4 | 4 | 2,800 | $964 | 0.4 mi |
D 103 Sky Hts Sold | $2,698,000 | 4 | 3 | 2,552 | $1,057 | 0.8 mi |
E 118 Appian Sold | $2,650,000 | 4 | 3 | 2,349 | $1,128 | 0.7 mi |
F 211 Fiore Sold | $2,458,000 | 4 | 3 | 2,548 | $965 | 0.1 mi |
G 162 Statura Active | $3,390,000 List Price | 4 | 4 | 2,800 | $1,211 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 2021-built home is in pristine condition, meeting the highest standards for a nearly new construction. It features over $400,000 in premium upgrades, including a chef's kitchen with high-end Wolf appliances, custom cabinetry, and hardwood flooring throughout. The bathrooms have been reimagined with custom tile work and modern fixtures, and the property is fully equipped with contemporary smart home technology and an EV-ready finished garage.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Lot and Privacy
Situated on an oversized premium lot with no homes directly behind, this property offers exceptional privacy and unobstructed hillside views within the exclusive guard-gated Reserve at Orchard Hills.
- Extensive Luxury Upgrades
The residence features over $400,000 in high-end upgrades, including a chef’s kitchen with Wolf appliances, hardwood flooring, and advanced smart home technology, ensuring a turnkey luxury experience.
- Desirable Floor Plan
The layout includes a highly sought-after main-level bedroom with a full bath, providing essential flexibility for multigenerational living or guest accommodations in a modern 2021 build.
CONSRISKS & DEFICIENCIES
- High Price Per Square Foot
At a list price of nearly $2.8 million for 2,548 square feet, the property commands a significant premium that may exceed the budget of buyers looking for more interior space at this price point.
- Compact Lot for Luxury Tier
Despite being labeled as oversized for the subdivision, the 5,361 square foot lot remains relatively small for a luxury estate, limiting the potential for large-scale outdoor amenities like a private pool.
About 343 Paradiso
A rare opportunity on an OVERSIZED PREMIUM LOT WITH NO HOMES BEHIND, offering exceptional privacy and peaceful hillside views in the GUARD-GATED Reserve at Orchard Hills. This refined residence features over $400,000 IN UPGRADES, a lush backyard framed by mature hedges and trees with TWO COVERED PATIOS, string lighting, rose garden, and seamless indoor-outdoor living through FLOOR-TO-CEILING SLIDING GLASS DOORS. Inside, HARDWOOD FLOORS and HIGH CEILINGS create a light, open feel. The great room flows into a chef’s kitchen with WOLF APPLIANCES, inset white cabinetry, CUSTOM BACKSPLASH, clear-panel pantry door, ample storage, and SMART HOME FEATURES including Alexa-controlled lighting and shades. A MAIN-LEVEL BEDROOM WITH FULL BATH offers flexibility for guests or multigenerational living. Upstairs includes a bright LOFT, three secondary bedrooms with UPGRADED CLOSETS, and a serene primary suite with hillside views, sitting area, spacious bath, and WALK-IN CLOSET. The secondary upstairs bath has been REIMAGINED WITH WALK-IN SHOWER AND CUSTOM TILE. The garage is finished with EPOXY FLOORS, CUSTOM SLIDING BUILT-IN STORAGE, EV CHARGER, and a MONITORED SECURITY SYSTEM. Enjoy resort-style living with scenic trails, pools, clubhouses, parks, and tennis courts, close to Orchard Hills Shopping Center, Irvine Spectrum, Orange County beaches, and John Wayne Airport, and zoned to AWARD-WINNING IRVINE UNIFIED SCHOOLS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 5,361 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $320.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 41% |
| Square foot | 2,548 | 3,056 | 28% |
| Lot Size | 5,361 | 4,817 | 56% |
| Price | $2.80M | $2.75M | 52% |
| Price per sq ft | $1.1K | $956 | 79% |
| Built year | 2021 | 2016 | 79% |
| HOA | $320.0 | $345 | 43% |
| Days on market | 29 | 171 | 3% |
Pricing History
Listed for Sale
Feb 6, 2026
$2,799,000
Initial Listing
Sold
Apr 15, 2022
$2,259,500
Public Record