8 Magellan Aisle, Irvine, California 92620, Irvine, 92620 - 2 bed, 2 bath
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Irvine, California 92620
This Turnkey Condominium is a Strong Value Opportunity, listed at $899,000—positioned well below the $934,177 Fair Market Value by 3%. This valuation gap offers $35,177 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a Granite Kitchen, Hardwood Floors, and a Private Balcony with Mountain Views. Located in the prestigious Irvine Unified School District, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8 Magellan Aisle Subject | $889,000* List Price | 2 | 2 | 1,197 | $751 | - |
A 83 Huntington 278 Sold | $718,000 | 2 | 2 | 903 | $795 | 0.3 mi |
B 178 Monroe Sold | $950,000 | 2 | 3 | 1,148 | $828 | 0.5 mi |
C 30 Remington Sold | $745,000 | 2 | 2 | 987 | $755 | 0.2 mi |
D 305 Huntington Sold | $920,000 | 3 | 3 | 1,224 | $752 | 0.2 mi |
E 102 Rose Arch Sold | $900,000 | 2 | 2 | 1,123 | $801 | 0.9 mi |
F 257 Huntington Sold | $730,000 | 2 | 2 | 987 | $740 | 0.1 mi |
G 32 Remington Active Under Contract | $699,900 List Price | 2 | 2 | 987 | $709 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1989, the property has undergone a comprehensive recent renovation (likely within <5 years) featuring a fully updated kitchen with granite countertops and stainless steel appliances, modern bathroom vanities, and high-quality hardwood flooring throughout. The interior is in mint, move-in ready condition with updated lighting and fixtures.
Elementary School: Santiago Hills Elementary School (9/10). Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
The rare combination of both an attached one-car garage and a detached one-car garage provides significant utility and storage space seldom found in Southern California condominium living.
The property offers a highly competitive ownership cost structure with no Mello-Roos taxes and an unusually low HOA fee of $200, which includes premium community amenities.
As a second-level unit, the property requires stair access, which may limit appeal for buyers with mobility concerns or those seeking long-term 'age-in-place' functionality.
While the unit includes a private balcony, the lack of a private yard or ground-floor patio may be a drawback for pet owners or buyers desiring more substantial outdoor living areas.
Welcome to 8 Magellan Aisle, a beautifully updated second-level condo nestled in the highly sought-after Northwood Villas community of Irvine. This 2 bedroom, 2 bathroom home offers 1,196 sq ft of thoughtfully designed living space featuring rich hardwood floors throughout, a fully updated kitchen with granite countertops and stainless steel appliances, recessed lighting, ceiling fans, and a cozy fireplace in the living room. Step out from the living room onto your private balcony and enjoy the serene surroundings of one of Irvine's most established neighborhoods. The in-unit laundry area adds everyday convenience, while the rare combination of an attached 1-car garage PLUS a detached 1-car garage provides exceptional storage and parking, a true luxury in condo living. Located within the award-winning Irvine Unified School District with Canyon View Elementary, Jeffrey Trail Middle School (rated 10/10), and Northwood High School all minutes away. NO Mello-Roos and low HOA of just $200/month that includes access to pools, spa, tennis courts, BBQ areas, and lush green parks. Conveniently situated near the Irvine Spectrum, major freeways (5 & 133), Jeffrey Road shopping, and some of Orange County's best dining and entertainment. Conventional, FHA, and private financing all welcome. This is Irvine living at its finest. Top schools, no Mello-Roos, and a move-in ready home waiting for its next owner.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,197 | 1,772 |
| Lot Size | 161,137 | 46,724 |
| Price | $889.0K | $1.27M |
| Price per sq ft | $743 | $753 |
| Built year | 1989 | 2014 |
| HOA | $200.0 | $296 |
| Days on market | 25 | 60 |
Jul 17, 2026
$889,000
$899,000
-1% Price Drop
Initial Listing
Jun 27, 2026
$899,000
Initial Listing
Sep 11, 2015
$470,000
Public Record
Jun 21, 2002
$280,000
Public Record