5 Cannes, Irvine, California 92614, Irvine, 92614 - 5 bed, 3 bath
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Irvine, California 92614
This Upgraded Westpark Residence is a Prime Investment Opportunity, listed at $2,349,000—positioned well below the $2,437,964 Fair Market Value by 3%. This valuation gap offers $88,964 in Instant Equity for a home in Excellent Condition. Featuring a rare 3-car garage, a modernized kitchen with waterfall quartz, and superior privacy with no rear neighbors, the property is served by top-rated schools including University High School and Woodbridge High. This turnkey asset is perfectly suited for growing families or Owner-Occupants seeking luxury and immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5 Cannes Subject | $2,349,000* List Price | 5 | 3 | 2,817 | $865 | - |
A 5 Bergamo Sold | $2,332,400 | 4 | 3 | 2,601 | $897 | 0.1 mi |
B 7 Whispering Wind Sold | $2,000,000 | 4 | 3 | 2,410 | $830 | 0.5 mi |
C 27 New Meadow Sold | $1,950,000 | 4 | 3 | 1,852 | $1,053 | 0.4 mi |
D 19 Las Cruces Sold | $1,700,000 | 3 | 3 | 1,900 | $895 | 0.4 mi |
E 32 Comiso Sold | $1,750,000 | 3 | 3 | 1,800 | $972 | 0.4 mi |
F 18 Decente Active | $2,249,000 List Price | 4 | 3 | 2,662 | $845 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1988, the property has undergone an extensive and high-quality renovation within the last 5 years, meeting the criteria for excellent condition. The kitchen is fully modernized with premium stainless steel appliances, a waterfall-edge quartz island, and contemporary cabinetry. The interior features updated wood-look flooring, new carpets, recessed lighting, and modern fixtures throughout, presenting a completely turnkey and virtually new living environment.
Middle School: Lakeside Middle School (9/10). High School: University High School (9/10).
The property features a rare three-car garage, a highly sought-after and difficult-to-find amenity in the Irvine market that provides significant added value for storage and multi-vehicle households.
With professionally updated kitchen and bathrooms and soaring ceilings, this home offers a contemporary, move-in-ready aesthetic that appeals to buyers looking for luxury without the need for immediate repairs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
While the high schools are top-rated, the assigned elementary school currently holds a lower rating (5/10), which may be a deterrent for education-focused families specifically targeting Irvine's highest-performing districts.
A 5,000-square-foot lot for a nearly 3,000-square-foot five-bedroom home results in a higher density feel, potentially limiting the outdoor space available for buyers seeking a more expansive yard.
Welcome to 5 Cannes, a beautifully upgraded residence located in the heart of Irvine, offering the perfect blend of comfort, style, and convenience. This home features a grand living space with soaring ceilings, creating an open and airy ambiance. Boasting a highly desirable layout of 5 bedrooms and 3 full bathrooms, it provides flexibility for multi-generational living, guests, or a home office. Also it has 3 Car Garage, very Rare to find in Irvine. The kitchen and bathrooms have been thoughtfully renovated with modern finishes, delivering both functionality and contemporary elegance. Every detail has been curated to offer a true turnkey, move-in ready experience. Enjoy exceptional privacy with no rear neighbors, creating a large backyard retreat ideal for relaxing or entertaining. The community is surrounded by numerous parks and offers access to resort-style amenities including a swimming pool, tennis courts, and basketball courts. The neighborhood is quiet, serene, and perfect for enjoying a balanced, tranquil lifestyle. Ideally situated in central Irvine, the home is just minutes from major shopping centers, dining, and everyday conveniences, with easy access to all directions of the city. Don’t miss this rare opportunity to own a spacious, upgraded home in one of Irvine’s most desirable locations.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 81% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,817 | 1,826 | 88% |
| Lot Size | 5,000 | 4,924 | 50% |
| Price | $2.35M | $1.59M | 94% |
| Price per sq ft | $834 | $891 | 31% |
| Built year | 1988 | 1985 | 75% |
| HOA | $54.0 | $114 | 31% |
| Days on market | 27 | 133 | 6% |
Mar 26, 2026
$2,349,000
Initial Listing
Feb 29, 2016
$1,100,000
Public Record
Aug 24, 1993
$415,000
Public Record