8 Magellan Aisle, Irvine, California 92620, Irvine, 92620 - 2 bed, 2 bath
Loading property details...
8 Magellan Aisle
Irvine, California 92620
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,197Sq Ft
161,137Lot Size
Property Price
LIST PRICE$869,000
EST. MARKET VALUE
$869,000
SUMMARY
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.
Estimated Market Value
$869,000
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 |
|---|---|---|---|---|---|---|
★ 8 Magellan Aisle Subject | $869,000* List Price | 2 | 2 | 1,197 | $726 | - |
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 42 Vintage Sold | $750,000 | 1 | 2 | 1,099 | $682 | 0.7 mi |
G 111 Remington 332 Active | $749,000 List Price | 2 | 2 | 987 | $759 | 0.3 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.
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.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Santiago Hills Elementary School (9/10). Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
- Exceptional Parking and Storage
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.
- Superior Financial Profile
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.
CONSRISKS & DEFICIENCIES
- Accessibility Constraints
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.
- Limited Private Outdoor Space
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.
About 8 Magellan Aisle
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 161,137 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200.0 / Month
Neighborhood Insights
Irvine Unified Schools
Northwood Elementary School
Grades K-6 • 0.6 mi
7/10
Brywood Elementary School
Grades K-6 • 0.7 mi
8/10
Santiago Hills Elementary School
Grades K-6 • 1.5 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,197 | 1,652.392 |
| Lot Size | 161,137 | 42,663.332 |
| Price | $869.0K | $1.21M |
| Price per sq ft | $726 | $746 |
| Built year | 1989 | 2010 |
| HOA | $200.0 | $278 |
| Days on market | 74 | 57 |
Pricing History
Listed for Sale
Aug 28, 2026
$869,000
$889,000
-2% Price Drop
Initial Listing
Price Change
Jul 17, 2026
$889,000
$899,000
-1% Price Drop
Initial Listing
Price Change
Jun 27, 2026
$899,000
Initial Listing
Sold
Sep 11, 2015
$470,000
Public Record
Sold
Jun 21, 2002
$280,000
Public Record