53 Sweet Bay, Irvine, California 92603, Irvine, 92603 - 3 bed, 3 bath
53 Sweet Bay
Irvine, California 92603
Property Price
SUMMARY
Analysis of 53 Sweet Bay, Irvine, California 92603 reveals a Fairly Priced Property with a current list price of $3,480,000 aligned with the estimated $3,411,578 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 53 Sweet Bay Subject | $3,480,000* List Price | 3 | 3 | 2,595 | $1,315 | - |
A 54 Valley Terrace Sold | $3,965,000 | 5 | 5 | 2,971 | $1,335 | 0.1 mi |
B 19172 Sierra Maria Road Sold | $2,662,200 | 4 | 3 | 2,330 | $1,143 | 0.3 mi |
C 25 Hedgerow Sold | $3,620,000 | 3 | 3 | 2,400 | $1,508 | 0.8 mi |
D 34 Tall Hedge Sold | $4,050,000 | 4 | 5 | 3,453 | $1,173 | 0.8 mi |
E 5711 Sierra Cielo Sold | $2,651,031 | 4 | 3 | 1,935 | $1,370 | 0.7 mi |
F 27 Rose Trellis Active | $4,390,000 List Price | 5 | 6 | 3,170 | $1,385 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2004, this property is in well-maintained, move-in ready condition. The gourmet kitchen features high-quality granite countertops and stainless steel appliances, and the home includes premium architectural details like vaulted ceilings. While the finishes appear to be largely original to the 20-year-old construction, the property shows minimal wear and tear and benefits from its location in a prestigious guard-gated community.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
- Prime Location & Community
Situated on a private cul-de-sac within the prestigious guard-gated Summit at Turtle Ridge, offering exclusive resort-style amenities including pools, hiking trails, and a clubhouse.
- Exceptional Hillside Views
The property features panoramic hillside views from both the interior and the spacious backyard, which is further enhanced by a built-in BBQ for premium outdoor entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- High Price per Square Foot
With a listing price of $3.48M for approximately 2,595 square feet, the property commands a significant premium that may challenge buyers looking for more interior volume at this price point.
- Limited Bedroom and Bath Count
The home offers only three dedicated bedrooms and 2.5 bathrooms, which may be perceived as insufficient utility for a residence in this luxury price bracket.
About 53 Sweet Bay
Cozy Elegance, panoramic hillside views abound, situated on a serene private cul-de-sac in the coveted guard-gated community. The Summit at Turtle ridge. The residence includes 3 bedrooms and a den which can be converted to 4th bedroom, 2.5 bathrooms, a formal living room with vaulted ceiling, formal dining rooms as well as a generous bonus room. The gourmet kitchen exhibits a large center island, granite counter-tops, custom pantry and stainless steel appliances. The spacious backyard boast incredible view enriched with a built-in BBQ. association amenities include 2 resort style pools with spas and cabanas for lounging, playgrounds, clubhouse, theater, hiking trails and much more. Walking distance to nationally ranked Vista Verde K-8 school and nearby University High.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 4,916 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $658.0 / Month
Neighborhood Insights
Irvine Unified Schools
Vista Verde
Grades K-8 • 1.0 mi
Rancho San Joaquin Middle School
Grades 7-8 • 2.4 mi
University High School
Grades 9-12 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 18% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,595 | 2,565 | 50% |
| Lot Size | 4,916 | 7,025 | 8% |
| Price | $3.48M | $3.39M | 50% |
| Price per sq ft | $1.3K | $1.2K | 68% |
| Built year | 2004 | 1984 | 66% |
| HOA | $658.0 | $248 | 68% |
| Days on market | 8 | 148 | 3% |
Pricing History
Listed for Sale
Feb 27, 2026
$3,480,000
Initial Listing
Sold
Mar 29, 2018
$1,680,000
Public Record
Sold
Jun 18, 2014
$1,585,000
Public Record
Sold
Aug 28, 2009
$1,137,500
Public Record
Sold
Aug 27, 2004
$1,025,000
Public Record