8 Delano, Irvine, California 92602, Irvine, 92602 - 5 bed, 4 bath

8 Delano, Irvine, California 92602 home-pic-0
ACTIVE$3,295,000
8 Delano, Irvine, California 92602
5Beds
4Baths
3,560Sqft
5,319Lot

Price Vs. Estimate

The estimated value ($2,619,769.245) is $675,230.755 (20%) lower than the list price ($3,295,000). This property may be overpriced.

Key pros and cons

Top Pros:
Premium Location & Privacy: Situated on a premium lot at the end of a cul-de-sac in a central Irvine location, offering enhanced privacy and a serene environment with easy access to parks, award-winning schools, shopping, and dining.
Top Cons:
Significant Overpricing: The current listing price is 20% above the estimated property value, which may present a challenge in attracting offers and could lead to extended market time.

Compared to the nearby listings

Price:$3.29M vs avg $2.70M (+$595,000)70%
Size:3,560 sqft vs avg 3,107 sqft74%
Price/sqft:$926 vs avg $95640%

More Insights

Built in 2003 (22 years old).
Condition: Despite being built in 2003, the property has undergone extensive recent renovations and upgrades. The description highlights a 'masterpiece of modern elegance,' 'hardwood floors, wine cellar and custom lighting,' and a kitchen with 'top-of-the-line appliances.' Crucially, it features 'new HVAC system and A/C units, water softening system and solar panels with Tesla battery packs,' indicating significant and recent investments in major systems. The images confirm a contemporary and well-maintained aesthetic in the kitchen and bathrooms, aligning with current quality standards and suggesting minimal physical depreciation.
Year Built
2003
Close
-
List price
$3.29M
Original List price
$3.5M
Price/Sqft
$926
HOA
$152
Days on market
-
Sold On
-
MLS number
OC24239010
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

First time on the market. This stunning pool home is located on a premium lot at the end of a cul-de-sac. Centrally located on Irvine, the property features an open floor plan with 5 bedrooms, including a master and jr. suite with 3.5 baths, in addition to a very spacious loft. The property is highlighted by beautiful folding doors leading to backyard featuring a sparkling private pool and spa, BBQ and fire pit, perfect for relaxing or entertaining guests. Inside, the home is a masterpiece of modern elegance, with spacious living areas, hardwood floors, wine cellar and custom lighting. The kitchen features a nice island and equipped with top-of-the-line appliances, while the expansive living and dining rooms provide ample space for both casual family gatherings and formal occasions. The generously sized bedrooms offer comfort and tranquility. Additional features include new HVAC system and A/C units, water softening system and solar panels with Tesla battery packs. Enjoy the serene environment with easy access to nearby parks, award-winning schools, and world-class shopping and dining in Irvine. This home combines both luxury and convenience, offering a perfect blend of privacy, style and functionality.

Nearby schools

8/10
Hicks Canyon Elementary School
Public,PK-50.4mi
8/10
Orchard Hills School
Public,K-81.5mi
7/10
Tustin Connect Academy
Public,K-83.3mi
8/10
Arnold O. Beckman High School
Public,9-120.5mi
Condition Rating
Excellent

Despite being built in 2003, the property has undergone extensive recent renovations and upgrades. The description highlights a 'masterpiece of modern elegance,' 'hardwood floors, wine cellar and custom lighting,' and a kitchen with 'top-of-the-line appliances.' Crucially, it features 'new HVAC system and A/C units, water softening system and solar panels with Tesla battery packs,' indicating significant and recent investments in major systems. The images confirm a contemporary and well-maintained aesthetic in the kitchen and bathrooms, aligning with current quality standards and suggesting minimal physical depreciation.
Pros & Cons

Pros

Premium Location & Privacy: Situated on a premium lot at the end of a cul-de-sac in a central Irvine location, offering enhanced privacy and a serene environment with easy access to parks, award-winning schools, shopping, and dining.
Luxury Outdoor Living: The backyard features a sparkling private pool, spa, BBQ, and fire pit, complemented by beautiful folding doors for seamless indoor-outdoor entertaining.
Extensive Modern Upgrades: Equipped with a new HVAC system, A/C units, water softening system, and solar panels with Tesla battery packs, ensuring energy efficiency and modern comfort.
Spacious & Elegant Interior: Boasts an open floor plan with spacious living areas, hardwood floors, a wine cellar, custom lighting, 5 generously sized bedrooms (including master and junior suites), and a very spacious loft.
High-End Kitchen: The kitchen is well-appointed with a nice island and top-of-the-line appliances, catering to modern culinary needs.

Cons

Significant Overpricing: The current listing price is 20% above the estimated property value, which may present a challenge in attracting offers and could lead to extended market time.
Recent Price Reduction: The property has already experienced a price reduction from its original listing, potentially signaling market resistance or an initial overestimation of its value.
Lack of Scenic Views: The property does not offer any specific scenic views, which could be a drawback for buyers seeking premium vistas, especially at this price point.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state