420 Milpas, Irvine, California 92602, Irvine, 92602 - 4 bed, 5 bath

420 Milpas, Irvine, California 92602 home-pic-0

420 Milpas

Irvine, California 92602

ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
2,968Sq Ft
3,979Lot Size

Property Price

LIST PRICE$2,998,000
EST. MARKET VALUE
$3,026,688

SUMMARY

Estimated Market Value

$3,026,688
Based on Realkey algorithm analyzing recent comparable sales in Irvine.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
420 Milpas
Subject
$2,998,000*
List Price
452,968$1,020-
A
100 Viano
Sold
$2,700,000442,800$9640.9 mi
B
236 Oceano
Sold
$3,050,000432,800$1,0890.4 mi
C
103 Sky Hts
Sold
$2,698,000432,552$1,0570.6 mi
D
453 Treeline
Active
$3,538,781
List Price
452,968$1,1920.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2025 construction featuring a modern open-concept layout, chef's kitchen, and high-end contemporary finishes. As a new build, all systems, appliances, and structural components are new, meeting the highest current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Brand New Construction

    Built in 2025, this home offers the latest in modern architectural design, energy efficiency, and contemporary finishes, ensuring a move-in-ready experience with no immediate maintenance needs.

  • Elite School District

    The property is situated within the highly acclaimed Irvine Unified School District, a major draw for families seeking top-tier public education and long-term property value stability.

  • Prime Orchard Hills Location

    Located in the prestigious Crestview at The Summit, the home benefits from a luxury master-planned environment with proximity to 57,000 acres of preserved open space and extensive trail networks.

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 = 3979, living area = 2968.

  • High Monthly Carrying Costs

    The association fee of $975 per month is significantly higher than many other Irvine communities, which may impact the overall affordability and debt-to-income ratio for buyers.

  • Compact Lot Size

    A lot size of 3,979 square feet for a nearly 3,000 square foot home indicates limited outdoor yard space, which may be a drawback for buyers seeking large private gardens or play areas.

About 420 Milpas

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

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2025
Lot Size
3,979 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$975.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths5.04.0
54%
Square foot2,9683,056
48%
Lot Size3,9794,787
23%
Price$3.00M$2.75M
56%
Price per sq ft$1.0K$956
67%
Built year20252016
90%
HOA$975.0$345
92%
Days on market59171
13%

Pricing History

Listed for Sale

Feb 17, 2026

$2,998,000

$3,026,745

-1% Price Drop

Initial Listing

Price Change

Jan 7, 2026

$3,026,745

Initial Listing

Browse Properties by State Browse housing market trends by state