54 Peony, Irvine, California 92618, Irvine, 92618 - 2 bed, 2 bath
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54 Peony
Irvine, California 92618
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,665Sq Ft
9,462Lot Size
Property Price
LIST PRICE$1,188,000
EST. MARKET VALUE
$1,089,008
9% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium in Woodbury East is a Strong Value Opportunity, listed at $1,188,000. While currently priced above the $1,089,009 Fair Market Value, the property offers long-term stability through its Condition Rating of 3 and prime location within the Irvine Unified School District. Featuring a Spacious Dual-Primary Layout, Granite Kitchen, and resort-style amenities, this home provides a premium lifestyle for first-time buyers and owner-occupants. Its proximity to top-rated schools like Jeffrey Trail Middle and Irvine High School ensures lasting appeal in a highly competitive market.
Estimated Market Value
$1,089,008
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 54 Peony Subject | $1,188,000* List Price | 2 | 2 | 1,665 | $654 | - |
A 54 Hedge Bloom Sold | $955,000 | 2 | 3 | 1,206 | $792 | 0.1 mi |
B 125 Mongoose Sold | $1,045,000 | 2 | 3 | 1,694 | $617 | 0.8 mi |
C 51 Calypso Sold | $1,540,000 | 4 | 3 | 1,956 | $787 | 0.6 mi |
D 23 Crosspointe Sold | $1,195,000 | 3 | 4 | 1,837 | $651 | 0.5 mi |
E 292 Novel Sold | $960,000 | 2 | 3 | 1,499 | $640 | 0.7 mi |
F 199 Follyhatch Sold | $1,170,000 | 3 | 2 | 1,820 | $643 | 0.7 mi |
G 37 Peony Active | $1,350,000 List Price | 3 | 3 | 1,900 | $711 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2010 (16 years old), the property fits the 10-20 year age bracket. It is well-maintained and move-in ready, featuring a functional kitchen with upgraded cabinetry and granite counters, plus updated Mediterranean tile in the bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Jeffrey Trail Middle (9/10). High School: Irvine High School (9/10).
- Prime Location & Top-Tier Schools
Situated in the highly sought-after Woodbury East community and zoned for the award-winning Irvine Unified School District, this property offers exceptional long-term value and access to top-rated education.
- Spacious Dual-Primary Layout
The 1,665 sq. ft. floorplan features two generous primary suites and soaring high ceilings, providing a sense of space and privacy rarely found in two-bedroom condominiums.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9462, other record lot size in square feet = 9515.
- Significant Monthly HOA Dues
The monthly association fee of $432 adds a substantial recurring expense to the cost of ownership, which may impact the overall affordability for budget-conscious buyers.
- Lack of Scenic Views
The property lacks significant views, overlooking only the immediate neighborhood, which may be a drawback for buyers seeking a more open or scenic outlook.
About 54 Peony
Ideal opportunity for first-time buyers looking to plant roots in one of Irvine's most desirable communities. This bright 2-bed, 2.5-bath two-story condo in Woodbury East lives large thanks to a smart floorplan with dual primary suites, a convenient half bath, and soaring high ceilings and attached 2-car garage. The kitchen opens to the dining and living areas perfect for everyday ease and entertaining. Beautifully upgraded with engineered wood flooring, granite counters, Mediterranean tile in the baths, upgraded kitchen cabinetry, and custom wood blinds. Positioned at the back of the community, giving more of a single family home feel. Enjoy resort-style amenities: junior Olympic pool, wading pool, BBQ areas, fitness center, and tennis courts. Minutes from Woodbury Shopping Center (Ralph's, Trader Joe's, dining), with quick access to the 5, 405, and toll roads. Zoned for the award-winning Irvine Unified School District the best in Orange County. A rare chance to secure your place. Come see it before it's gone!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2010
- Lot Size
- 9,462 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $432.0 / Month
Neighborhood Insights
Irvine Unified Schools
Woodbury Elementary School
Grades K-6 • 0.6 mi
8/10
Jeffrey Trail Middle
Grades 7-8 • 0.9 mi
9/10
Irvine High School
Grades 9-12 • 2.2 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,665 | 1,652.392 |
| Lot Size | 9,462 | 42,663.332 |
| Price | $1.19M | $1.21M |
| Price per sq ft | $714 | $746 |
| Built year | 2010 | 2010 |
| HOA | $432.0 | $278 |
| Days on market | 9 | 57 |
Pricing History
Listed for Sale
Aug 31, 2026
$1,188,000
Initial Listing
Sold
Aug 14, 2012
$438,500
Public Record