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40 Waterspout, Irvine, California 92620, Irvine, 92620 - 4 bed, 4 bath

40 Waterspout, Irvine, California 92620 home-pic-0
ACTIVE$2,199,888$2,718/sqft
Est. Value: $2,221,104
%
FairlyEstimate
40 Waterspout, Irvine, California 92620
4Beds
4Baths
2,718Sqft
3,666Lot

Price Vs. Estimate

The estimated value ($2,221,104.185) is $21,216.185 (0%) lower than the list price ($2,199,888). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Jeffrey Trail Middle (9/10). High School: Irvine High School (9/10).
Top Cons:
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.

Compared to the nearby listings

Price:$2.20M vs avg $2.00M (+$204,888)61%
Size:2,718 sqft vs avg 2,506.5 sqft66%
Price/sqft:$809 vs avg $84636%

More Insights

Built in 2005 (21 years old).
Condition: Built in 2005, this property is 19 years old and falls within the 'Good' category's age range. The listing highlights recent repainting, a newer HVAC system, and paid solar panels, indicating well-maintained and updated major systems. The kitchen features modern stainless steel double ovens and a built-in refrigerator, though the white tile countertops and traditional dark wood cabinets, while clean, show signs of being original to the build and are not fully contemporary. Similarly, the bathrooms are functional and well-kept, but the fixtures, lighting, and tile countertops in the primary bath are consistent with the home's age rather than recent high-end renovations. The hardwood flooring throughout is in good condition. Overall, the home is move-in ready with no immediate renovations required, aligning perfectly with the 'Good' condition criteria.
Year Built
2005
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$809
HOA
$210
Days on market
-
Sold On
-
MLS number
OC26009918
Home ConditionGood
Features
View-

About this home

Welcome to 40 Waterspout, an exceptional home in the highly sought-after Woodbury community of Irvine. Offering 4 bedrooms, 4 full bathrooms, and approximately 2,718 square feet of thoughtfully designed living space, this residence combines functionality, flexibility, and long-term value in one of Irvine’s most desirable neighborhoods. A rare first-floor bedroom with a full bathroom provides the perfect setup for guests, multigenerational living, or a private home office. The heart of the home is the expansive kitchen, featuring double ovens, a built-in refrigerator, oversized center island, and abundant cabinet and counter space, all opening seamlessly to the living room—ideal for everyday living and entertaining. The home has been recently repainted from top to bottom, giving it a fresh, move-in-ready feel. Additional upgrades include paid solar panels and a newer HVAC system, offering energy efficiency and long-term savings. Upstairs, the primary suite is a true retreat with two closets, dual sinks, and a separate soaking tub and shower. A convenient second-floor laundry room with sink adds everyday ease. You’ll also find three built-in desk spaces throughout the home, perfect for work-from-home, homework, or creative use. The top floor bonus room with its own full bathroom is a standout feature—an incredibly versatile space that can serve as a fifth bedroom, guest suite, secondary living room, kids’ hangout, home gym, or media room. A chair lift offers optional accessibility to upper levels and can be removed at the buyer’s request. The private backyard features low-maintenance turf and excellent privacy, creating a peaceful outdoor space to relax or entertain. Located in Woodbury, residents enjoy parks, pools, and trails within walking distance, close proximity to the Great Park—without the higher Mello Roos—and placement in the highly acclaimed Portola High School, rated 10/10 on GreatSchools. Homes with this combination of size, layout, upgrades, school district, and location rarely come available. This is an outstanding opportunity to own a versatile, move-in-ready home in one of Irvine’s most coveted communities. Don’t miss your chance to see it in person.

M
Meredith Drews
Listing Agent

Nearby schools

8/10
Woodbury Elementary School
Public,•K-6•0.4mi
9/10
Jeffrey Trail Middle
Public,•7-8•0.5mi
9/10
Irvine High School
Public,•9-12•1.7mi

Price History

Date
Event
Price
12/06/05
Sold
$954,500
Condition Rating
Good
Built in 2005, this property is 19 years old and falls within the 'Good' category's age range. The listing highlights recent repainting, a newer HVAC system, and paid solar panels, indicating well-maintained and updated major systems. The kitchen features modern stainless steel double ovens and a built-in refrigerator, though the white tile countertops and traditional dark wood cabinets, while clean, show signs of being original to the build and are not fully contemporary. Similarly, the bathrooms are functional and well-kept, but the fixtures, lighting, and tile countertops in the primary bath are consistent with the home's age rather than recent high-end renovations. The hardwood flooring throughout is in good condition. Overall, the home is move-in ready with no immediate renovations required, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Great Schools: Middle School: Jeffrey Trail Middle (9/10). High School: Irvine High School (9/10).
Prime Irvine Location & Amenities: Located in the highly sought-after Woodbury community, offering walking distance to parks, pools, and trails, and close proximity to the Great Park without the burden of Mello Roos.
Flexible & Functional Floor Plan: Features a rare first-floor bedroom with a full bath for versatile living arrangements (guests, multi-generational, office) and a large top-floor bonus room with a full bath, adaptable as a 5th bedroom, guest suite, or entertainment space.
Upgraded & Energy-Efficient Home: Recently repainted and move-in ready, with significant upgrades including paid solar panels and a newer HVAC system, offering long-term energy efficiency and savings.
Gourmet Kitchen for Entertaining: The expansive kitchen is well-appointed with double ovens, a built-in refrigerator, and an oversized center island, seamlessly opening to the living room, ideal for modern living and entertaining.
Access to Top-Rated Schools: Zoned for the highly acclaimed Portola High School (rated 10/10 on GreatSchools) and other well-regarded Irvine Unified schools, a significant draw for families.

Cons

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.
Lack of Scenic Views: The property explicitly states 'view: None,' which may be a consideration for buyers prioritizing panoramic or specific scenic outlooks.
Ongoing Association Fees: The property is subject to a monthly association fee of $210, representing an additional recurring cost for homeowners.
Existing Chair Lift: While providing accessibility, the presence of a chair lift to upper levels might be an aesthetic concern for some buyers, and its removal would incur an additional cost or effort.
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