53 Gramercy, Irvine, California 92612, Irvine, 92612 - 3 bed, 3 bath

53 Gramercy, Irvine, California 92612 home-pic-0
ACTIVE$1,888,888
53 Gramercy, Irvine, California 92612
3Beds
3Baths
2,245Sqft
25,987Lot
Year Built
2014
Close
-
List price
$1.89M
Original List price
$2M
Price/Sqft
$841
HOA
$370
Days on market
-
Sold On
-
MLS number
OC25183304
Home ConditionExcellent
Features
Good View: Park/Greenbelt
Deck
ViewPark/Greenbelt

About this home

We found 3 Cons,5 Pros. Rank: price - $1.89M(90th), sqft - 2245(70th), beds - 3(50th), baths - 3(50th).

Welcome to one of the only park-facing 3-bedroom townhome with a 3-car garage in all of Central Park West, Irvine! This modern 3-level home offers unobstructed views of the park, and over $180,000 in high-end upgrades, blending comfort, sophistication, and location. Spanning 2,245 square feet (plus a massive finished garage), this 3-bed, 3-bath townhome is designed for both elegant living and smart investment. The gourmet kitchen features an oversized quartz island, custom soft-close cabinetry, and top-tier GE Profile and Samsung appliances. Enjoy a custom surround-sound system, modern fireplace, EV charging, ADT alarm, and automated shades throughout. The primary suite includes a minibar, an oversized custom walk-in closet, and private access to a sunset-facing balcony with stunning park views. Natural light floods the open-concept living area, ideal for entertaining or simply relaxing in style. The high-ceiling, large 3-car garage offers abundant storage and flexibility—perfect as a gym, game room, or workspace. Residents enjoy resort-style amenities: pools, parks, pickleball and basketball courts, playgrounds, fitness center, and stylish community spaces—all in the heart of the Irvine Financial District, walking distance to restaurants and grocery, and minutes from John Wayne Airport, UCI, South Coast Plaza, Fashion Island, and Newport Beach. INVESTOR HIGHLIGHTS: Never-claimed accelerated depreciation: qualifies for an estimated $364,000+ in bonus depreciation if bought in 2025 please consult your CPA for TAX strategy and advice, giving savvy investors a massive head start on tax savings. Strong rent demand & appreciation potential in a high-growth area. One of the only 3-bed, 3-car homes in Central Park West—highly desirable for families, professionals, and roommates (essential for maximizing rents). Premium rental income opportunity due to layout, location, and luxury finishes, compared to other units in the area. Whether you're seeking your dream home or a smart income-generating asset, this rare park-view residence offers unmatched value in one of Orange County’s premier urban communities. Schedule your private tour and make an offer today—this one won’t last. Information contained herein does not constitute Tax advice in any shape or form, buyers should consult their own professionals and do their own due diligence and satisfy.

Nearby schools

4/10
Monroe Elementary School
Public,K-52.8mi
3/10
Mcfadden Intermediate School
Public,6-83.7mi
3/10
Century High School
Public,9-123.7mi

Price History

Date
Event
Price
10/10/25
Price Change
$1,888,888-2.9%
09/21/25
Price Change
$1,945,000-2.5%
08/13/25
Listing
$1,995,000
Condition Rating
Excellent

Built in 2014, this property is exactly 10 years old and has benefited from 'over $180,000 in high-end upgrades,' making it feel virtually new. The gourmet kitchen features an oversized quartz island, custom soft-close cabinetry, and top-tier GE Profile and Samsung appliances, all in pristine, modern condition. Bathrooms showcase modern vanities, vessel sinks, and contemporary fixtures, with the primary suite even including a minibar. Throughout the home, features like light wood-look flooring, recessed lighting, a modern fireplace, automated shades, and EV charging meet current quality standards with no visible deferred maintenance or physical depreciation.
Pros & Cons

Pros

Prime Park-Facing Location & Views: Offers unobstructed park views from multiple areas, including a sunset-facing balcony, enhancing desirability and lifestyle in a highly sought-after Irvine location.
Extensive High-End Upgrades: Features over $180,000 in modern, luxury upgrades including a gourmet kitchen, smart home technology (surround sound, EV charging, automated shades, ADT), and a primary suite minibar.
Unique 3-Car Garage & Flexible Space: Rare for a townhome, the high-ceiling, massive finished 3-car garage provides significant storage, parking, and versatile space for a gym, game room, or workspace.
Resort-Style Community Amenities: Residents benefit from access to a comprehensive suite of resort-style amenities including pools, parks, pickleball/basketball courts, playgrounds, and a fitness center.
Strong Investment & Tax Advantages: Qualifies for substantial accelerated depreciation (estimated $364,000+), coupled with strong rental demand and appreciation potential in a high-growth area.

Cons

Recent Price Reductions: Multiple price drops from the original list price indicate potential initial overpricing or market resistance, which could influence buyer perception of value.
Ongoing Association Fees: A monthly association fee of $370 adds a recurring cost to homeownership, which may be a consideration for budget-conscious buyers.
Townhome Property Type: Despite its luxury and unique features, it is a townhome, which may not appeal to buyers specifically seeking a detached single-family home with a private yard.

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