40 Waterspout, Irvine, California 92620, Irvine, 92620 - 4 bed, 4 bath
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40 Waterspout
Irvine, California 92620
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,718Sq Ft
3,666Lot Size
Property Price
LIST PRICE$1,988,800
EST. MARKET VALUE
$1,988,800
SUMMARY
This Stunning Move-In Ready Home is listed at $2,125,000, reflecting a stable price point aligned with its $2,125,000 Fair Market Value. Featuring a brand-new kitchen with quartz countertops and paid solar, the property boasts an Excellent Condition Rating requiring no immediate maintenance. Situated in the prestigious Woodbury community, the home offers access to top-rated schools like Jeffrey Trail Middle and Irvine High. With its versatile 4-bedroom plus loft layout and private backyard, this residence is the perfect fit for a growing family or discerning owner-occupants seeking a polished, stress-free transition.
Estimated Market Value
$1,988,800
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 |
|---|---|---|---|---|---|---|
★ 40 Waterspout Subject | $1,988,800* List Price | 4 | 4 | 2,718 | $732 | - |
A 79 Honeyflower Sold | $2,200,000 | 4 | 4 | 2,644 | $832 | 0.5 mi |
B 82 Field Poppy Sold | $1,980,000 | 4 | 3 | 2,448 | $809 | 0.5 mi |
C 55 Field Poppy Sold | $2,400,000 | 4 | 4 | 2,889 | $831 | 0.5 mi |
D 70 Twin Gables Sold | $2,050,000 | 4 | 3 | 2,482 | $826 | 0.3 mi |
E 37 Donovan Sold | $2,030,000 | 3 | 3 | 2,414 | $841 | 0.2 mi |
F 79 Thornapple Sold | $2,300,000 | 5 | 4 | 2,644 | $870 | 0.5 mi |
G 118 Chestnut Grove Sold | $2,038,000 | 4 | 3 | 2,262 | $901 | 0.5 mi |
H 79 Field Poppy Sold | $2,390,000 | 4 | 4 | 2,889 | $827 | 0.5 mi |
I 50 Twin Gables Pending | $2,050,000 List Price | 4 | 3 | 2,480 | $827 | 0.3 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.
The property features a brand-new kitchen renovation (<5 years) with modern shaker cabinetry and quartz countertops. Although built in 2005, the home is in mint condition with significant upgrades including paid solar, well-maintained hardwood flooring, and a move-in ready interior that requires no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Jeffrey Trail Middle (9/10). High School: Irvine High School (9/10).
- Rare Floorplan & Modern Upgrades
This highly sought-after layout features a brand-new kitchen with quartz countertops and Shaker cabinetry, offering a rare opportunity in the Woodbury community where this model hasn't been available for four years.
- Energy Efficiency & Financial Value
The property includes fully paid solar panels and benefits from lower Mello Roos assessments compared to similar Irvine neighborhoods, providing significant long-term savings.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3666, living area = 2718.
- Extended Market Time
With 195 days on market and multiple price fluctuations, the property may face challenges regarding buyer perception of value or initial overpricing.
- Limited Lot Size & Views
The relatively small 3,666 sqft lot and lack of any scenic views may be a drawback for buyers seeking more outdoor space or privacy at the $2M+ price point.
About 40 Waterspout
MAJOR PRICE ADJUSTMENT!!! The LAST time this FLOORPLAN was on the market was FOUR YEARS AGO! This opportunity is RARE!!!! And it has a BRAND NEW KITCHEN!!!!! Welcome to 40 Waterspout in the highly sought-after Woodbury community of Irvine—a home where style, function, and comfort come together beautifully. The heart of the home has just been completely reimagined, and it truly shines. Step into the brand-new kitchen featuring crisp white Shaker-style cabinetry, stunning white quartz countertops, and a sleek stainless steel sink. It’s fresh, bright, and thoughtfully designed—perfect for everything from busy weekday mornings to hosting friends and family. This is the kind of kitchen that makes you want to linger a little longer and maybe even take a cooking class or two! The open-concept layout flows effortlessly into the main living spaces, creating an inviting atmosphere filled with natural light. With approximately 2,718 square feet, the home offers 4 bedrooms plus a loft, including a convenient main-floor bedroom and full bath—ideal for guests or multi-generational living. Upstairs, the spacious primary suite offers a relaxing retreat with dual closets, while additional bedrooms, built-in workspaces, and a top-floor loft with its own full bath provide flexibility for today’s lifestyle. Step outside to a backyard that feels both private and expansive—a rare find. Enjoy a thoughtful blend of hardscape and lush landscaping, complete with turf for easy maintenance and plenty of space to relax, entertain, or play. It’s the perfect backdrop for weekend gatherings or quiet evenings at home. Adding to the home’s value and efficiency is paid solar, helping you enjoy modern living with long-term savings. Located near award-winning schools, and just moments from parks, pools, trails, and the Great Park, this home offers the best of Irvine living—without the higher Mello Roos. This is more than a home—it’s a fresh start, with a brand-new kitchen ready to be the center of it all.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 3,666 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $210.0 / Month
Neighborhood Insights
Irvine Unified Schools
Woodbury Elementary School
Grades K-6 • 0.4 mi
8/10
Jeffrey Trail Middle
Grades 7-8 • 0.5 mi
9/10
Irvine High School
Grades 9-12 • 1.7 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,718 | 2,517 |
| Lot Size | 3,666 | 4,991 |
| Price | $1.99M | $2.12M |
| Price per sq ft | $732 | $868 |
| Built year | 2005 | 1999 |
| HOA | $210.0 | $193 |
| Days on market | 236 | 53 |
Pricing History
Listed for Sale
Sep 2, 2026
$1,988,800
$2,088,000
-5% Price Drop
Initial Listing
Price Change
Jul 31, 2026
$2,088,000
$2,125,000
-2% Price Drop
Initial Listing
Price Change
Jun 19, 2026
$2,125,000
$2,150,000
-1% Price Drop
Initial Listing
Price Change
May 4, 2026
$2,150,000
$2,099,888
+2% Price Increase
Initial Listing
Price Change
Mar 27, 2026
$2,099,888
$2,199,888
-5% Price Drop
Initial Listing
Price Change
Jan 16, 2026
$2,199,888
Initial Listing
Sold
Dec 6, 2005
$954,500
Public Record