55 Suede, Irvine, California 92602, Irvine, 92602 - 4 bed, 5 bath
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Irvine, California 92602
This Luxury Model Home is a Prime Investment Opportunity, listed at $3,998,000—positioned well below the $4,093,220 Fair Market Value by 2%. This valuation gap offers $95,220 in Instant Equity. Featuring an Excellent Condition Rating, this 4,057 sqft residence includes $500,000 in high-end upgrades, a modern quartz kitchen, and unobstructed mountain views. Located in the prestigious Orchard Hills community, this property is an ideal sanctuary for discerning luxury buyers or owner-occupants seeking a turnkey, high-status lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 55 Suede Subject | $3,998,000* List Price | 4 | 5 | 4,057 | $1,009 | - |
A 66 Poncho Sold | $3,380,000 | 4 | 5 | 4,075 | $829 | 0.3 mi |
B 59 Longchamp Sold | $3,100,000 | 4 | 4 | 3,300 | $939 | 0.1 mi |
C 56 Derby Sold | $3,075,000 | 4 | 5 | 2,949 | $1,043 | 0.2 mi |
D 131 Bozeman Sold | $3,950,000 | 4 | 5 | 3,754 | $1,052 | 0.6 mi |
E 109 Whisper Rock Sold | $3,300,000 | 4 | 4 | 2,900 | $1,138 | 0.4 mi |
F 138 Jayhawk Sold | $2,950,000 | 5 | 4 | 3,192 | $924 | 0.6 mi |
G 57 Lone Mountain Active | $3,650,000 List Price | 4 | 5 | 3,733 | $978 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this former model home is in mint condition and meets the criteria for excellent as it is less than 10 years old. It features over $500,000 in high-end upgrades, including a modern kitchen with quartz countertops, luxury bathrooms, and energy-efficient systems like paid-off solar panels.
As a former award-winning KB Home model, this property features over $500,000 in high-end design center upgrades, including a massive quartz island, designer chandeliers, and premium stainless steel appliances.
The home is uniquely positioned with no rear neighbors, offering unobstructed mountain and orchard views that provide a rare sense of privacy and tranquility within the Orchard Hills community.
The property includes a fully paid-off 3KW solar panel system, offering significant long-term utility savings and enhancing the home's overall value and sustainability.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4400, living area = 4057.
With a 4,057 sqft home situated on a 4,400 sqft lot, the outdoor yard space is relatively compact, which may be a drawback for buyers seeking extensive private outdoor living areas.
The listing price reflects a significant premium for the model home status and upgrades, positioning it at the higher end of the market relative to the lot size and bedroom count.
Welcome to the luxury dream life in Groves of Orchard Hills!!! This is an KB Home Award winning Genoa Plan 3 MODEL HOME in 2021. The new construction home is ready for you to move-in right away. There is no house in the back showing fantastic mountain views. Huge floor plan of 4,057 sf with spacious 4 bedrooms and 5 baths including a den on 2nd floor easily able to converted into an extra bedroom. Immaculate quartz island top, sleek stainless appliances, modern fireplace in living room, beautiful chandelier on a high ceiling and more. 3KW solar panels are paid off for the life span and original design center upgrades are over $500,000. Orchard Hills community boasts full high-end amenities including 24-hour security guard at the gates, junior Olympic size pools, Jacuzzi, outdoor cooking area, sun deck, tennis court, basketball court, playground, dog park, running track and breath taking views almost everywhere from up hills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 64% |
| Square foot | 4,057 | 2,971 | 84% |
| Lot Size | 4,400 | 4,913 | 30% |
| Price | $4.00M | $2.76M | 80% |
| Price per sq ft | $985 | $940 | 61% |
| Built year | 2020 | 2017 | 66% |
| HOA | $398.0 | $345 | 89% |
| Days on market | 9 | 141 | 2% |
May 28, 2026
$3,998,000
Initial Listing
Dec 26, 2024
$4,102,500
Public Record
Dec 23, 2021
$3,100,000
Public Record