689 Beacon, Irvine, California 92618, Irvine, 92618 - 4 bed, 3 bath

689 Beacon, Irvine, California 92618 home-pic-0
ACTIVE$1,799,990$2,323/sqft
Est. Value: $1,738,339
-3%
AboveEstimate
689 Beacon, Irvine, California 92618
4Beds
3Baths
2,323Sqft
2,500Lot

Price Vs. Estimate

The estimated value ($1,738,338.645) is $61,651.355 (3%) lower than the list price ($1,799,990). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Reputable Builder: Built in 2026 by 'America's Most Trusted Homebuilder,' this new construction home offers modern design, high ceilings, and the peace of mind associated with a brand-new property.
Top Cons:
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 = 2500, living area = 2323.

Compared to the nearby listings

Price:$1.80M vs avg $2.26M ($-457,510)27%
Size:2,323 sqft vs avg 2,696.5 sqft25%
Price/sqft:$775 vs avg $83033%

More Insights

Built in 2026 (0 years old).
Condition: This is a brand new construction home, built in 2026, as explicitly stated in the listing. All components, including the gourmet kitchen with modern grey cabinetry, quartz countertops, and stainless steel appliances, and the bathrooms with contemporary vanities, fixtures, and tiled showers, are new and meet current quality standards. The property shows no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2026
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$775
HOA
$260
Days on market
-
Sold On
-
MLS number
IG26004967
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

What's Special: High Ceilings | Large Kitchen Island | Covered Patio. New Construction – Ready Now! Built by America's Most Trusted Homebuilder. Welcome to the Plan 1 at 689 Beacon in Ovata at Great Park! Step inside this thoughtfully designed home and feel the openness from the start. The front porch leads into an airy layout where the gourmet kitchen flows seamlessly into the dining area and great room, perfect for everyday living and entertaining. Just off the main living space, the California room invites you to enjoy indoor-outdoor moments. A secondary bedroom and full bath are tucked near the garage entry for added convenience. Upstairs, a spacious loft connects two secondary bedrooms with walk-in closets, a full bath, laundry room, and the primary suite. Your suite offers a private bath and a generous walk-in closet for ultimate comfort. Live in the heart of it all. Ovata is part of a vibrant, amenity-rich community served by the highly acclaimed Irvine Unified School District. Explore Irvine’s favorite local spots for shopping and dining, then relax with access to 17 pools, 9 parks, a cozy coffee shop, and miles of scenic trails for walking and biking. Enjoy live music, art events, and seasonal fun at the nearby Great Park Amphitheater. Orange County’s beautiful beaches are just a short drive away, making sunny escapes easy. Coming in early 2027, The Canopy will bring 11 acres of dining, shopping, and gathering spaces right to the heart of the Great Park master plan. MLS#IG26004967

L
LESLIE OLIVO
Listing Agent
Condition Rating
Excellent

This is a brand new construction home, built in 2026, as explicitly stated in the listing. All components, including the gourmet kitchen with modern grey cabinetry, quartz countertops, and stainless steel appliances, and the bathrooms with contemporary vanities, fixtures, and tiled showers, are new and meet current quality standards. The property shows no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

New Construction & Reputable Builder: Built in 2026 by 'America's Most Trusted Homebuilder,' this new construction home offers modern design, high ceilings, and the peace of mind associated with a brand-new property.
Prime Location & Top-Rated Schools: Located in the highly desirable city of Irvine, within the amenity-rich Ovata at Great Park community, and served by the acclaimed Irvine Unified School District.
Extensive Community Amenities: Residents enjoy access to 17 pools, 9 parks, a coffee shop, miles of scenic trails, and proximity to the Great Park Amphitheater for entertainment and events.
Thoughtful & Open Concept Design: The home features an airy layout with a gourmet kitchen flowing seamlessly into the dining and great room, a large kitchen island, a California room for indoor-outdoor living, and a convenient ground-floor secondary bedroom and full bath.
Future Development & Lifestyle Convenience: Proximity to Orange County beaches and the upcoming 'The Canopy' (11 acres of dining, shopping, and gathering spaces) in early 2027 enhances future value and lifestyle options.

Cons

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 = 2500, living area = 2323.
Small Lot Size: The 2500 sqft lot is relatively small for a single-family residence, which may limit outdoor space or appeal to buyers seeking larger yards.
Association Fees: A monthly association fee of $260.0 adds to the ongoing cost of homeownership, which may be a consideration for budget-conscious buyers.
Lack of Views: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic vistas, especially in a high-value area like Irvine.
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