55 Harrison, Irvine, California 92618, Irvine, 92618 - 5 bed, 6 bath
ACTIVE$3,850,000
55 Harrison, Irvine, California 92618
5Beds
6Baths
4,741Sqft
6,368Lot
Price Vs. Estimate
The estimated value ($3,739,982.86) is $110,017.14 (2%) lower than the list price ($3,850,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
Top Cons:
Listing Price vs. Estimation: The current listing price is notably higher than the property's estimated market value, which could impact buyer perception of value.
Compared to the nearby listings
Price:$3.85M vs avg $2.30M (+$1,550,500)91%
Size:4,741 sqft vs avg 2,781 sqft93%
Price/sqft:$812 vs avg $83541%
More Insights
Built in 2013 (12 years old).
Condition: Built in 2013, this property is relatively new. The description explicitly highlights 'upgraded floors, carpets, kitchen cabinets, bathroom shower tile,' and a 'modern high-ceiling design,' indicating high-quality, contemporary finishes throughout. The inclusion of a 'prep kitchen' and 'all suites' further emphasizes luxury and modern functionality. These features suggest the property is in virtually new condition, meeting current quality standards with no deferred maintenance.
Year Built
2013
Close
-
List price
$3.85M
Original List price
$4.05M
Price/Sqft
$812
HOA
$483
Days on market
-
Sold On
-
MLS number
OC24226275
Home ConditionExcellent
Features
Good View: Courtyard, Mountain(s), Neighborhood
Patio
ViewCourtyard, Mountain(s), Neighborhood
About this home
No Neighbor Behind! NO MELLO ROOS TAX! Only 812/SQFT!!! No obstructive mountain view in the master bedroom! Located in 24hr Guard Gated Lambert Ranch in Portola Spring. You can see mountain views around you in the backyard, sitting in the dining room, living room and master room. 5 bedrooms, 5.5 bath + loft, All suites and prep kitchen. Two story modern high-ceiling design in staircase, bright and wide, The home includes upgraded floors, carpets, kitchen cabinets, bathroom shower tile and sliding glass doors all the way to the backyard with fire pit, fountain and BBQ. A must see home in Portola Spring.
Nearby schools
9/10
Portola Springs Elementary
Public,•K-6•0.3mi
8/10
Stonegate Elementary School
Public,•K-6•1.6mi
9/10
Jeffrey Trail Middle
Public,•7-8•3.0mi
9/10
Northwood High School
Public,•9-12•2.9mi
Condition Rating
Excellent
Built in 2013, this property is relatively new. The description explicitly highlights 'upgraded floors, carpets, kitchen cabinets, bathroom shower tile,' and a 'modern high-ceiling design,' indicating high-quality, contemporary finishes throughout. The inclusion of a 'prep kitchen' and 'all suites' further emphasizes luxury and modern functionality. These features suggest the property is in virtually new condition, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Great Schools: Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
No Mello Roos Tax: The property is exempt from Mello Roos taxes, offering a significant and attractive financial saving for potential buyers.
Exclusive Community & Top Schools: Located within the 24-hour guard-gated Lambert Ranch community in Irvine, known for its security, prestige, and access to top-rated Irvine Unified School District schools.
Panoramic Views & Privacy: Enjoy unobstructed mountain views from multiple rooms and the backyard, complemented by the privacy of having no rear neighbors.
Luxurious Upgrades & Modern Amenities: The home features extensive upgrades including floors, carpets, kitchen cabinets, bathroom tiles, a prep kitchen, and outdoor amenities like a fire pit, fountain, and BBQ.
Spacious All-Suite Layout: With 5 bedrooms, 5.5 baths, a loft, and all bedrooms being en-suite, the property offers a highly functional and luxurious layout ideal for large families or guests.
Cons
Listing Price vs. Estimation: The current listing price is notably higher than the property's estimated market value, which could impact buyer perception of value.
High Monthly Association Fees: A monthly association fee of $483 represents a significant recurring cost that buyers will need to factor into their budget.
Recent Price Reduction: The property has undergone a significant price reduction from its original list price, which might suggest initial overpricing or a longer time on the market.