77 Pelican, Irvine, California 92618, Irvine, 92618 - 4 bed, 5 bath
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77 Pelican
Irvine, California 92618
ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,396Sq Ft
42,542Lot Size
Property Price
LIST PRICE$2,650,000
EST. MARKET VALUE
$2,389,094
10% AboveMARKET VALUE
SUMMARY
This Multi-Generational Residence is a High-Potential Investment Opportunity, listed at $2,650,000—positioned well above the $2,393,644 Fair Market Value by 10%. While priced at a premium, the property features a Mint Condition Rating and a rare Lennar Next Gen layout with a private entrance, kitchenette, and ensuite baths in every bedroom. Located in the guard-gated Altair community across from Portola High School, it offers a private deck and end-unit privacy. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking luxury, flexibility, and long-term value.
Estimated Market Value
$2,389,094
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 77 Pelican Subject 4 bd · 5 ba · 3,396 sqft · $704 | $2,650,000* List Price | 4 | 5 | 3,396 | $704 | - |
A 125 Source Sold 4 bd · 6 ba · 3,493 sqft · $650 · 0.7 mi | $2,270,000 | 4 | 6 | 3,493 | $650 | 0.7 mi |
B 151 Crossover Sold 4 bd · 4 ba · 3,170 sqft · $697 · 0.8 mi | $2,210,000 | 4 | 4 | 3,170 | $697 | 0.8 mi |
C 131 Spiral Sold 4 bd · 6 ba · 3,134 sqft · $654 · 0.6 mi | $2,050,000 | 4 | 6 | 3,134 | $654 | 0.6 mi |
D 107 Petunia Sold 4 bd · 4 ba · 2,455 sqft · $778 · 0.9 mi | $1,910,000 | 4 | 4 | 2,455 | $778 | 0.9 mi |
E 107 Spiral Active 4 bd · 4 ba · 3,170 sqft · $607 · 0.8 mi | $1,925,000 List Price | 4 | 4 | 3,170 | $607 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and remains in mint condition. The interior features modern finishes including a high-end kitchen with quartz countertops and stainless steel appliances, contemporary flooring, and updated systems that require no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Generational Design
The rare Lennar Next Gen layout features a fully independent secondary suite with its own private entrance, living room, and kitchenette, offering exceptional flexibility for extended family or rental potential.
- Premium End-Unit Privacy
Positioned as an end-unit with its own private driveway and backing onto a community trail, this residence provides superior natural light and a level of privacy seldom found in high-density luxury developments.
- Elite Community Amenities
Located in the prestigious guard-gated Altair community, the property offers access to world-class resort amenities and is situated directly across from the highly acclaimed Portola High School.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =42542, other record lot size in square feet = 50504.
- Condominium Ownership
The property is legally classified as a condominium rather than a detached single-family residence, which may affect buyer perception of value and specific financing requirements.
- Lack of Scenic Views
Despite the multi-million dollar price point and luxury setting, the listing indicates no significant views, which may be a drawback for buyers seeking the panoramic vistas common in other Irvine hillsides.
About 77 Pelican
Discover 77 Pelican Lane — an exceptionally rare Multi-Gen residence by Lennar in Irvine's prestigious guard-gated Altair community, directly across from the acclaimed Portola High School. This thoughtfully designed home features two fully independent living units under one roof, each with its own private entrance. The secondary suite offers a separate living room and kitchenette — ideal for extended family or flexible living. The main residence boasts 4 bedrooms and 4.5 baths with an ensuite bath in every bedroom, plus an expansive loft opening to a large private deck. As an end-unit with its own driveway, the home enjoys abundant natural light. The beautifully maintained backyard backs to a community trail for added privacy; the primary suite features motorized shades. Altair residents enjoy resort-style amenities including a clubhouse, pools, central greenbelts, and sports facilities. With the ongoing Great Park expansion enhancing long-term value, this home is an outstanding choice for both end-users and investors — priced under $3M
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2018
- Lot Size
- 42,542 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $389.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.7 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,396 | 1,685.105 |
| Lot Size | 42,542 | 42,358.594 |
| Price | $2.65M | $1.21M |
| Price per sq ft | $780 | $740 |
| Built year | 2018 | 2010 |
| HOA | $389.0 | $280 |
| Days on market | 43 | 61 |
Pricing History
Listed for Sale
Sep 12, 2026
$2,650,000
Initial Listing
Sold
Mar 31, 2022
$2,000,000
Public Record
Sold
Feb 2, 2022
$1,860,000
Public Record
Sold
Sep 28, 2018
$1,620,000
Public Record