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59 Dorado, Irvine, California 92618, Irvine, 92618 - 5 bed, 6 bath

59 Dorado, Irvine, California 92618 home-pic-0
ACTIVE$5,180,000
59 Dorado, Irvine, California 92618
5Beds
6Baths
5,041Sqft
5,855Lot

Price Vs. Estimate

The estimated value ($4,887,788.98) is $292,211.02 (5%) lower than the list price ($5,180,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
Top Cons:
Significant Price Reductions: The property has undergone multiple price adjustments from its original listing price of $5.88M, potentially indicating an initial overvaluation or extended market time.

Compared to the nearby listings

Price:$5.18M vs avg $2.30M (+$2,880,500)98%
Size:5,041 sqft vs avg 2,781 sqft93%
Price/sqft:$1.0K vs avg $84096%

More Insights

Built in 2019 (6 years old).
Condition: This property, built in 2019 and described as a 'stunning new renovated estate,' perfectly aligns with the 'Excellent' condition criteria. The kitchen features top-of-the-line Wolf and Subzero appliances, modern flat-panel cabinetry, large format marble-look tile flooring, and contemporary lighting. The master bathroom boasts a free-standing tub, dual vanities with matching modern cabinetry, and high-end finishes. Throughout the home, there are high ceilings, hardwood flooring, and modern light fixtures, indicating virtually new components meeting current quality standards with no deferred maintenance.
Year Built
2019
Close
-
List price
$5.18M
Original List price
$5.88M
Price/Sqft
$1,028
HOA
$389
Days on market
-
Sold On
-
MLS number
TR25108713
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Deck
Patio
ViewMountain(s), Neighborhood

About this home

Must See!!! The stunning new renovated estate located in the prestigious Altair gated community. Boasting 21' high ceilings and ample natural light throughout. The gorgeous Floor plan feathers gourmet kitchen is a chef's dream, equipped with top-of-the-line Wolf and Subzero appliances, including a Subzero 60" integrated refrigerator and freezer. The unique model also features a separate prep kitchen with complete appliances. The formal dining area opens up to the outdoor living space, creating an ideal setting for entertaining guests. A secluded study provides the perfect space for a home office, while the master bath features a dual-sink vanity, free-standing tub, and large shower. The second-story loft leading to the expansive rear deck with 348Sqft was permitted by city. This community offers world-class five-star amenities, including multiple pools and spas, covered cabanas, a high-end clubhouse, tennis courts, community park, and much more. Located just minutes away walking distance from the top-rated Cadence K-8 and Portola High School, as well as close by the Irvine Spectrum and local shopping mall. With easy access to I-405, 5, and 133, this estate is perfect for those seeking luxury living in a convenient location.

Nearby schools

9/10
Jeffrey Trail Middle
Public,•7-8•3.3mi
9/10
Northwood High School
Public,•9-12•4.5mi
Condition Rating
Excellent
This property, built in 2019 and described as a 'stunning new renovated estate,' perfectly aligns with the 'Excellent' condition criteria. The kitchen features top-of-the-line Wolf and Subzero appliances, modern flat-panel cabinetry, large format marble-look tile flooring, and contemporary lighting. The master bathroom boasts a free-standing tub, dual vanities with matching modern cabinetry, and high-end finishes. Throughout the home, there are high ceilings, hardwood flooring, and modern light fixtures, indicating virtually new components meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
Modern Luxury & High-End Finishes: A stunning, recently renovated estate (built 2019) boasting 21' high ceilings, a gourmet kitchen with top-of-the-line Wolf and Subzero appliances, a separate prep kitchen, and a luxurious master bath.
Exclusive Gated Community & Amenities: Located within the prestigious Altair gated community, offering world-class five-star amenities including multiple pools, spas, covered cabanas, a high-end clubhouse, and tennis courts.
Exceptional School Access: Walking distance to top-rated Cadence K-8 and Portola High School, situated within the highly regarded Irvine Unified School District.
Expansive Outdoor Entertainment Space: Features an outdoor living space accessible from the formal dining area and a permitted 348 sqft second-story rear deck, ideal for entertaining guests.
Convenient & Accessible Location: Close proximity to the Irvine Spectrum and local shopping malls, with easy access to major freeways (I-405, 5, and 133) for convenient commuting.

Cons

Significant Price Reductions: The property has undergone multiple price adjustments from its original listing price of $5.88M, potentially indicating an initial overvaluation or extended market time.
High Monthly Association Fees: A monthly association fee of $389.0 adds a substantial recurring cost to homeownership, which buyers must factor into their budget.
Limited Specifics on Private Yard: While outdoor living is mentioned, the description does not detail a substantial private backyard or green space, which some luxury buyers might prioritize for a single-family home on a 5855 sqft lot.

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