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

405 Mila
Irvine, California 92618
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 97% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 3,772 | 2,035 | 99% |
| Lot Size | - | 1,395 | 48% |
| Price | $2.84M | $1.38M | 99% |
| Price per sq ft | $752 | $700 | 66% |
| Built year | 2026 | 2021 | 98% |
| HOA | $260.0 | $240 | 56% |
| Days on market | 10 | 187 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$2,838,000
Initial Listing




