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66 Poncho, Irvine, California 92602, Irvine, 92602 - 4 bed, 5 bath

66 Poncho, Irvine, California 92602 home-pic-0
ACTIVE$3,594,600$4,075/sqft
Est. Value: $3,442,989
-4%
AboveEstimate
66 Poncho, Irvine, California 92602
4Beds
5Baths
4,075Sqft
4,913Lot

Price Vs. Estimate

The estimated value ($3,442,989.41) is $151,610.59 (4%) lower than the list price ($3,594,600). This property may be overpriced.

Key pros and cons

Top Pros:
New & Upgraded Construction: Built in 2021, the property boasts extensive high-end upgrades including engineered hardwood floors, RH chandeliers, and a gourmet kitchen with Wolf and Sub-Zero appliances and a prep kitchen.
Top Cons:
Significant Price Reduction: The property has undergone a substantial price reduction from its original listing, which could suggest a previous overvaluation or extended market time.

Compared to the nearby listings

Price:$3.59M vs avg $2.79M (+$800,600)74%
Size:4,075 sqft vs avg 3,096 sqft81%
Price/sqft:$882 vs avg $95524%

More Insights

Built in 2021 (5 years old).
Condition: This property was built in 2021, making it virtually new. It features high-end, modern upgrades throughout, including engineered hardwood flooring, top-tier Wolf and Sub-Zero kitchen appliances, a prep kitchen, and stylish RH chandelier lighting. The home is equipped with smart technology like a paid-off solar system, ECO water softener, Tesla charger, and PHYN Smart water assistant. The images confirm a pristine, contemporary interior with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2021
Close
-
List price
$3.59M
Original List price
$3.98M
Price/Sqft
$882
HOA
$345
Days on market
-
Sold On
-
MLS number
OC24229886
Home ConditionExcellent
Features
Patio
ViewNeighborhood, Orchard

About this home

Welcome to this well known prestigious 24 hour gated community @ Orchard hills Grove.This CORNER LOT house features 4075 sft with 4 bed rooms and 4.5 bathrooms. Solar System PAID OFF!All the floors have been upgraded to Engineer hardwood floor, with the perfect South Facing ORIENTATION, the house is flooded with natural lights all day long **huge living room with big sliding and fire place** RH chandelier lights**The gourmet kitchen offer: WOLF AND SUB ZERO appliance,and also a prep kitchen with extra refrigerator and dishwasher.The upstair master bedroom has double size of other rooms ,with the trail views.All bedrooms are full of sunlights.This house also equipped with :Solar System(paid off),ECO Water softner system,Tesla charger,PHYN Smart water assistant.Orchard hills amenities including a clubhour, 2pools,spa ,tennis court, basketball court,play ground, hiking trails. RMB accept

X
Xiao Yang
Listing Agent
Condition Rating
Excellent
This property was built in 2021, making it virtually new. It features high-end, modern upgrades throughout, including engineered hardwood flooring, top-tier Wolf and Sub-Zero kitchen appliances, a prep kitchen, and stylish RH chandelier lighting. The home is equipped with smart technology like a paid-off solar system, ECO water softener, Tesla charger, and PHYN Smart water assistant. The images confirm a pristine, contemporary interior with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

New & Upgraded Construction: Built in 2021, the property boasts extensive high-end upgrades including engineered hardwood floors, RH chandeliers, and a gourmet kitchen with Wolf and Sub-Zero appliances and a prep kitchen.
Exclusive Community & Amenities: Situated in the prestigious 24-hour gated Orchard Hills Grove, residents benefit from a clubhouse, two pools, spa, tennis/basketball courts, playgrounds, and hiking trails.
Advanced Energy & Smart Home Tech: Features a fully paid-off solar system, ECO Water softener, PHYN Smart water assistant, and a Tesla charger, enhancing efficiency and modern living.
Spacious & Bright Corner Lot: This 4075 sqft corner lot home offers abundant natural light due to its south-facing orientation, including an oversized master bedroom with trail views.
Functional Luxury Layout: The interior design includes a huge living room with a fireplace, a practical prep kitchen, and a generous 4 bedrooms with 4.5 bathrooms, ideal for upscale family living.

Cons

Significant Price Reduction: The property has undergone a substantial price reduction from its original listing, which could suggest a previous overvaluation or extended market time.
High HOA Fees: The monthly association fee of $345 represents a considerable ongoing cost, typical for amenity-rich communities but a factor for buyers' budgets.
Modest Lot Size for Square Footage: Despite being a corner lot, the 4913 sqft lot size is relatively small for a 4075 sqft home, potentially limiting private outdoor living space.
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