
Irvine, California 92620
This property presents a High-Potential Investment Opportunity with a List Price of $498,800—positioned above the $486,511 Fair Market Value. While the price reflects a premium, the property offers a Fair Condition Rating with significant potential for modernization. Located in the prestigious Irvine Unified School District, this condo features serene Creek/Stream views, a private patio, and resort-style amenities. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance entry point into a top-tier school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 53 Streamwood Subject | $498,800* List Price | 1 | 1 | 633 | $769 | - |
A 185 Streamwood Sold | $520,000 | 1 | 1 | 633 | $821 | 0.1 mi |
B 213 Springview Sold | $535,000 | 1 | 1 | 633 | $845 | 0.1 mi |
C 99 Streamwood Sold | $470,000 | 1 | 1 | 633 | $742 | 0.0 mi |
D 208 Springview Active | $530,000 List Price | 1 | 1 | 633 | $837 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property shows a mix of recent cosmetic updates and dated core elements. While the flooring and paint appear fresh, the kitchen features older wood-grain cabinetry, laminate countertops, and dated white appliances that likely exceed 20 years in age. The presence of popcorn ceilings and original-style fixtures places this in the fair category, as it is functional but needs modernization.
Elementary School: Santiago Hills Elementary School (9/10). Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
Situated in the prestigious Irvine Unified School District, this property offers access to award-winning schools like Santiago Hills Elementary and Northwood High, ensuring strong long-term property value.
The unit features a rare ground-level position with serene creek views and access to extensive community amenities including pools, tennis courts, and lush walking paths within 'The Springs' community.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =77639, other record lot size in square feet = 119744.
With only 633 square feet of living space, the interior layout is quite small and may feel restrictive for buyers requiring a home office or additional storage.
Built in 1977, the property and community may require more frequent maintenance or modern updates compared to the newer residential developments common throughout Irvine.
Tucked away among meandering streams, mature trees and lush landscaping, 53 Streamwood offers a peaceful retreat in the heart of Irvine. This charming ground level 1 bedroom, 1 bathroom condo, with freshly new paint and luxury vinyl plank flooring, is ideally positioned within The Springs, where tranquil water views and beautifully maintained grounds create a setting that feels worlds away from the city around it. Step inside to a light filled living space where large windows bring the outdoors in and the open layout flows naturally from the living room to the dining area and kitchen. Just beyond, the private patio offers the perfect place for morning coffee, evening wine or simply relaxing to the soothing sounds of the stream and surrounding greenery. The spacious bedroom features an ensuite bath and generous storage, creating a comfortable and private retreat. An assigned covered carport with additional storage adds everyday convenience, while ample guest parking makes entertaining easy. The Springs offers a true resort-style lifestyle with sparkling pools and spas, tennis courts, EV charging stations, picturesque greenbelts and beautifully landscaped walking paths, with water and trash included in the HOA dues. Ideally located in Northwood within the award-winning Irvine Unified School District and just minutes from shopping, dining, parks, Hicks Canyon Trail and convenient freeway access. Whether you are searching for your first home, an Irvine pied-à-terre, a low-maintenance retreat or an investment opportunity, 53 Streamwood offers an incredible opportunity to own in one of Irvine’s most charming and uniquely beautiful communities.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.9 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.7 |
| Baths | 1.0 | 3.0 |
| Square foot | 633 | 1,652.392 |
| Lot Size | 77,639 | 42,663.332 |
| Price | $498.8K | $1.21M |
| Price per sq ft | $788 | $746 |
| Built year | 1977 | 2010 |
| HOA | $365.0 | $278 |
| Days on market | 14 | 57 |
Aug 26, 2026
$498,800
Initial Listing
Jul 5, 2001
$123,000
Public Record