405 Mila, Irvine, California 92618, Irvine, 92618 - 5 bed, 5 bath

405 Mila, Irvine, California 92618 home-pic-0

405 Mila

Irvine, California 92618

ACTIVE
CONDITION: EXCELLENT
5Beds
5Baths
3,772Sq Ft
Lot Size

Property Price

LIST PRICE$2,838,000

SUMMARY

Analysis of 405 Mila, Irvine, California 92618 is currently available with a list price of $2,838,000. 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.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new construction home (2026) featuring modern architectural elements like two-story vaulted ceilings, stackable glass doors, and high-end finishes. As a new build, all systems, appliances, and structural components are new and meet the highest current quality standards with no physical depreciation.

PROSSTRENGTHS & OPPORTUNITIES

  • Premier Community Amenities

    Situated in the highly desirable Great Park Neighborhoods, the property offers walking distance to seven parks, six resort-style pools, and the upcoming Canopy retail and dining destination.

  • Modern Architectural Design

    The Quince floorplan features a spacious 3,772 sq. ft. layout with dramatic two-story vaulted ceilings, a multi-slide stackable glass door, and a unique third-story bonus loft with a covered balcony.

  • Customization Potential

    As a new construction home, buyers have the exclusive opportunity to visit the Toll Brothers Design Center to personalize high-end finishes, including flooring, countertops, and backsplashes.

CONSRISKS & DEFICIENCIES

  • Extended Delivery Timeline

    With a projected completion date in Summer 2026, this property requires a significant waiting period, making it unsuitable for buyers with immediate housing needs.

  • Limited Private Outdoor Space

    The approximately 12-foot backyard is relatively compact for a luxury residence of this scale, which may be a drawback for those seeking expansive private grounds.

About 405 Mila

Welcome to Laurel at Great Park Neighborhoods, a brand-new community located in Irvine, and just across the street from the highly anticipated Canopy retail and dining. Homesite 31 is a new construction home that is situated on a southeast-facing lot with approximately 12’ backyard and full length driveway. Easy access to freeways and shopping and walking distance to all that Great Park neighborhood has to offer including 7 thoughtfully designed parks, 6 resort-style pools, walking and bike trails, and community gardens. The Quince floorplan features 5 bedrooms, 5 bathrooms, and is 3,772sq. ft, with a 2-car garage. Upon entering the home, a bright and welcoming foyer leads to an open-concept great room and kitchen, showcasing the top selling Oregon Pine cabinets with chrome hardware, giving the home a timeless look. The great room features 2-story vaulted ceilings, elegant gas fireplace, and entry to your private backyard through a multi-slide stackable glass door, great for entertaining. The second level primary bedroom features in-suite bathroom with freestanding tub and large glass shower. Highlights of the home are the third story bonus space with loft, 5th bedroom, and southeast facing covered balcony. Great for optimal sun! Don’t miss this opportunity! Homesite 31, is under construction and ready to move-in Summer 2026. Buyers have the exciting opportunity to visit the acclaimed Toll Brothers Design Center and personalize optional flooring, countertops, and vertical wall tiles in bathrooms and kitchen backsplash. Interior Photos provided are of the model home.

Property Details

Public Facts

Property Type
Condominium
Year Built
2026
Lot Size
-

Interior

Total Bedrooms
5
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$260.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
97%
Baths5.03.0
93%
Square foot3,7722,035
99%
Lot Size-1,395
48%
Price$2.84M$1.38M
99%
Price per sq ft$752$700
66%
Built year20262021
98%
HOA$260.0$240
56%
Days on market10187
1%

Pricing History

Listed for Sale

Feb 25, 2026

$2,838,000

Initial Listing

Browse Properties by State Browse housing market trends by state