53 Sweet Bay, Irvine, California 92603, Irvine, 92603 - 3 bed, 3 bath
ACTIVE$3,580,000
53 Sweet Bay, Irvine, California 92603
3Beds
3Baths
2,595Sqft
4,916Lot
Price Vs. Estimate
The estimated value ($3,190,233.17) is $389,766.83 (10%) lower than the list price ($3,580,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Top Cons:
Substantial Association Fees: The monthly association fee of $688 is relatively high, which could be a significant recurring cost and impact affordability for potential buyers.
Compared to the nearby listings
Price:$3.58M vs avg $3.50M (+$80,000)51%
Size:2,595 sqft vs avg 2,595 sqft50%
Price/sqft:$1.4K vs avg $1.2K65%
More Insights
Built in 2004 (21 years old).
Condition: Built in 2004, this property falls within the 10-20 year age range for a 'Good' rating. The gourmet kitchen features stainless steel appliances, granite countertops, and dark shaker-style cabinets, which are well-maintained and functional, though the style of the granite and tile flooring (travertine-like) reflects its original build era rather than a recent full renovation. Bathrooms also appear well-maintained with similar finishes. The overall condition is move-in ready with minimal wear and tear, and major systems are functional, aligning with the 'Good' criteria.
Year Built
2004
Close
-
List price
$3.58M
Original List price
$3.68M
Price/Sqft
$1,380
HOA
$688
Days on market
-
Sold On
-
MLS number
OC25124277
Home ConditionGood
Features
Good View: Hills
Patio
ViewHills
About this home
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.
Nearby schools
9/10
Vista Verde
Public,•K-8•1.0mi
9/10
Rancho San Joaquin Middle School
Public,•7-8•2.4mi
9/10
University High School
Public,•9-12•1.7mi
Condition Rating
Good
Built in 2004, this property falls within the 10-20 year age range for a 'Good' rating. The gourmet kitchen features stainless steel appliances, granite countertops, and dark shaker-style cabinets, which are well-maintained and functional, though the style of the granite and tile flooring (travertine-like) reflects its original build era rather than a recent full renovation. Bathrooms also appear well-maintained with similar finishes. The overall condition is move-in ready with minimal wear and tear, and major systems are functional, aligning with the 'Good' criteria.
Pros & Cons
Pros
Great Schools: Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Exclusive Guard-Gated Community: Located within 'The Summit at Turtle Ridge,' a coveted guard-gated community on a private cul-de-sac, offering enhanced security, privacy, and prestige.
Panoramic Hillside Views: Features expansive panoramic hillside views, visible from the property and its spacious backyard, which includes a built-in BBQ, enhancing outdoor living and entertainment.
Resort-Style Amenities: Residents benefit from extensive association amenities including two resort-style pools with spas and cabanas, playgrounds, a clubhouse, theater, and hiking trails, providing a luxurious lifestyle.
Top-Tier School District Access: Situated within walking distance to nationally ranked Vista Verde K-8 school and in proximity to University High, making it highly attractive for families seeking excellent education.
Gourmet Kitchen & Flexible Layout: Boasts a gourmet kitchen with a large center island, granite countertops, custom pantry, and stainless steel appliances, complemented by a flexible floor plan including a den convertible to a 4th bedroom and a generous bonus room.
Cons
Substantial Association Fees: The monthly association fee of $688 is relatively high, which could be a significant recurring cost and impact affordability for potential buyers.
Recent Price Reduction: A recent price reduction from $3.68M to $3.58M suggests the property may have been initially overpriced or is facing market resistance at its current luxury price point.
Limited Bathroom-to-Bedroom Ratio: With 2.5 bathrooms for a home that can function as a 4-bedroom residence, some prospective buyers in this luxury segment might desire a higher full bathroom count.