416 Milpas, Irvine, California 92602, Irvine, 92602 - 5 bed, 6 bath
ACTIVE$3,166,223$3,259/sqft
Est. Value: $3,269,053
3%
BelowEstimate
416 Milpas, Irvine, California 92602
5Beds
6Baths
3,259Sqft
3,979Lot
Price Vs. Estimate
The estimated value ($3,269,053.01) is $102,830.01 (3%) higher than the list price ($3,166,223). This property may be underpriced.
Key pros and cons
Top Pros:
New Construction & Modern Design: As a 2025 build, the property offers brand-new construction with contemporary open-concept living, chef's kitchens, and luxurious primary suites, ensuring modern amenities and minimal immediate maintenance.
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 = 3979, living area = 3259.
Compared to the nearby listings
Price:$3.17M vs avg $2.79M (+$372,223)63%
Size:3,259 sqft vs avg 3,096 sqft58%
Price/sqft:$972 vs avg $95861%
More Insights
Built in 2025 (1 years old).
Condition: This property is a brand-new construction, built in 2025, and is explicitly described as 'new single-family homes.' The images showcase a modern, open-concept design with a chef's kitchen featuring gray shaker cabinets, white countertops, and professional-grade stainless steel appliances. Bathrooms are stunning with freestanding tubs, large walk-in showers, and contemporary finishes. Flooring, lighting, and all components are new, meeting the highest current quality standards with no deferred maintenance.
Year Built
2025
Close
-
List price
$3.17M
Original List price
$3.17M
Price/Sqft
$972
HOA
$975
Days on market
-
Sold On
-
MLS number
OC26003756
Home ConditionExcellent
Features
Good View: Neighborhood
Pool
Spa
Patio
ViewNeighborhood
About this home
Choose from four beautiful floor plans that range from ~2,826 to ~3,259 square feet with 4-5 bedrooms, 4.5-5.5 baths, 2-car garages, and driveways. These new single-family homes embrace open-concept living, with chef’s kitchens that flow into spacious great rooms, bedrooms with ample privacy, primary bedrooms with stunning en-suite bathrooms, and much more. Optional upgrades include conservatory rooms, lofts/bonus rooms, and offices and primary bedroom retreats in some floor plans. Summit at Orchard Hills Village is ideally located near I-5 and the 241 Toll Road in Orange County, just ~45 miles from Los Angeles and ~85 miles from San Diego. Homebuyers get to enjoy Irvine’s great offerings, such as ~57,000 acres of preserved open space, shopping and dining, ~250 community parks, a network of trails, and a year-round calendar of community events
C
Cesi Pagano
Listing Agent
Condition Rating
Excellent
This property is a brand-new construction, built in 2025, and is explicitly described as 'new single-family homes.' The images showcase a modern, open-concept design with a chef's kitchen featuring gray shaker cabinets, white countertops, and professional-grade stainless steel appliances. Bathrooms are stunning with freestanding tubs, large walk-in showers, and contemporary finishes. Flooring, lighting, and all components are new, meeting the highest current quality standards with no deferred maintenance.
Pros & Cons
Pros
New Construction & Modern Design: As a 2025 build, the property offers brand-new construction with contemporary open-concept living, chef's kitchens, and luxurious primary suites, ensuring modern amenities and minimal immediate maintenance.
Premier Irvine Location: Situated in the highly desirable city of Irvine, the home benefits from a prime location known for its quality of life, excellent amenities, and convenient access to major freeways (I-5, 241 Toll Road).
Spacious & Customizable Floor Plans: The property features generous living space ranging from 2,826 to 3,259 sqft with 4-5 bedrooms and 4.5-5.5 baths, offering flexibility and optional upgrades for personalization.
Abundant Community Amenities: Residents will enjoy Irvine’s extensive offerings, including 57,000 acres of preserved open space, 250 community parks, a network of trails, and a vibrant calendar of community events.
Top-Tier School District: Located within the highly-regarded Irvine Unified School District, this is a significant advantage for families seeking excellent educational opportunities.
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 = 3979, living area = 3259.
High Price Point & HOA Dues: The list price exceeding $3.1 million, coupled with a substantial monthly HOA fee of $975, may limit the potential buyer pool and add to the overall cost of ownership.
Limited Lot Size: With a lot size of 3,979 sqft for a home over 3,200 sqft, the outdoor living space may be relatively constrained compared to other single-family residences in this price range.
Future Availability (Pre-Sale): The 'on market date' in 2026 indicates this is a pre-sale or under-construction property, meaning it is not available for immediate occupancy and requires a longer waiting period for buyers.