66 Poncho, Irvine, California 92602, Irvine, 92602 - 4 bed, 5 bath
66 Poncho
Irvine, California 92602
Property Price
SUMMARY
Analysis of 66 Poncho, Irvine, California 92602 reveals a Prime Investment Opportunity with a current list price of $3,399,000—significantly undercutting the $3,578,584 Fair Market Value by 5%. This valuation gap indicates a +$179,584 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 66 Poncho Subject | $3,399,000* List Price | 4 | 5 | 4,075 | $878 | - |
A 218 Coal Mine Sold | $3,380,000 | 4 | 5 | 3,320 | $1,018 | 0.8 mi |
B 138 Jayhawk Sold | $2,950,000 | 5 | 4 | 3,192 | $924 | 0.8 mi |
C 9 Spanish Moss Sold | $4,050,000 | 6 | 5 | 4,209 | $962 | 0.8 mi |
D 135 Bridle Path Sold | $2,800,000 | 4 | 5 | 3,266 | $857 | 0.7 mi |
E 54 Granite Knoll Sold | $2,760,000 | 4 | 5 | 2,766 | $998 | 0.2 mi |
F 100 Jayhawk Sold | $2,750,000 | 4 | 5 | 3,375 | $815 | 0.7 mi |
G 59 Longchamp Active | $3,295,000 List Price | 4 | 4 | 3,300 | $998 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2021, this property is virtually new and fits the criteria for excellent condition. The home features high-end finishes including luxury engineered hardwood flooring throughout, a chef's kitchen equipped with premium Wolf and Sub-Zero appliances, and a secondary prep kitchen. Modern upgrades such as paid-off solar, a Tesla EV charger, and a smart water monitoring system further enhance its quality. With all bedrooms featuring en-suite bathrooms and the use of Italian porcelain tile in the outdoor living spaces, the property shows no signs of deferred maintenance and meets current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4913, living area = 4075.
About 66 Poncho
Located in the prestigious 24-hour guard-gated Orchard Hills the Groves, this prime corner-lot home offers 4,075 sqft with 4 bedrooms and 4.5 bathrooms. The second-floor loft offers flexibility and can be upgraded to a home office or fifth bedroom with closet. The home features luxury engineered hardwood flooring throughout, a spacious living room with fireplace, and large sliding doors for seamless indoor-outdoor living. The chef’s kitchen is equipped with WOLF and SUB-ZERO appliances, plus a separate prep kitchen with extra appliances and oversized pantry. The luxurious primary suite is nearly double the size of secondary bedrooms and offers peaceful trail views. All the bedrooms have en-suite bathrooms, including one bedroom on the first floor. Enjoy a decent-sized backyard finished with Italian porcelain tile and a California Room large enough for a 10-seat dining table, perfect for Southern California outdoor living. Additional highlights include paid-off solar, EcoWater softener, Tesla EV charger, and PHYN smart water monitoring system. Community amenities include a clubhouse, two pools, spa, tennis and basketball courts, playgrounds, and scenic hiking trails.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 4,913 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $385.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 54% |
| Square foot | 4,075 | 3,107 | 82% |
| Lot Size | 4,913 | 4,817 | 52% |
| Price | $3.40M | $2.75M | 69% |
| Price per sq ft | $834 | $946 | 20% |
| Built year | 2021 | 2016 | 79% |
| HOA | $385.0 | $345 | 66% |
| Days on market | 30 | 171 | 3% |
Pricing History
Listed for Sale
Feb 5, 2026
$3,399,000
Initial Listing
Sold
Nov 30, 2021
$1,923,500
Public Record
Sold
Aug 17, 2021
$6,930,000
Public Record