88 Renewal, Irvine, California 92618, Irvine, 92618 - 2 bed, 3 bath
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Irvine, California 92618
This Turnkey Condominium represents a Strong Value Opportunity, listed at $989,000—positioned well below the $1,036,474 Fair Market Value by 4%. This valuation gap offers $47,474 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a modern gourmet kitchen and direct pool views. Located within the Irvine Unified School District with access to top-rated schools, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a premium, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 88 Renewal Subject | $888,000* List Price | 2 | 3 | 1,798 | $529 | - |
A 119 Plateau Sold | $1,050,000 | 3 | 3 | 2,038 | $515 | 0.1 mi |
B 125 Mongoose Sold | $1,045,000 | 2 | 3 | 1,694 | $617 | 0.9 mi |
C 284 Novel Sold | $1,115,000 | 3 | 4 | 1,805 | $618 | 0.6 mi |
D 170 Fable Sold | $758,000 | 1 | 2 | 1,321 | $574 | 0.4 mi |
E 156 Capricorn Active Under Contract | $1,100,000 List Price | 4 | 4 | 1,873 | $587 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014, the property is approximately 10-12 years old. It is in turnkey, move-in ready condition with a modern gourmet kitchen featuring white shaker cabinetry, stainless steel appliances, and wide-plank flooring throughout the main level.
Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
This rare homesite offers direct, unobstructed views of the resort-style community pool and is situated just steps from parks, providing a premium 'vacation-at-home' atmosphere.
The home features a contemporary open-concept layout with wide-plank flooring, a gourmet kitchen with shaker cabinetry, and a dedicated built-in desk nook, making it move-in ready.
At nearly 1,800 square feet, the two-bedroom configuration may limit appeal for larger families or buyers requiring more dedicated sleeping quarters.
As a condominium in a developed village, the property involves shared walls and close proximity to neighbors, which may offer less privacy than a detached single-family home.
Price Improvement, Motivated seller! Welcome to 88 Renewal, a turnkey 2-bedroom, 2.5-bath townhome offering approximately 1,798 sq ft in the coveted village of Portola Springs, ideally situated just steps from the community pool and park. One of the rare homesites with direct views of the resort-style community pool, this home delivers an unbeatable location. The open-concept main level features wide-plank flooring, abundant natural light, and recessed lighting throughout. The gourmet kitchen impresses with crisp white shaker cabinetry, rich charcoal countertops, stainless steel appliances, and a generous breakfast peninsula with pendant lighting, plus a built-in desk nook perfect for working from home. A powder room completes the main level. Step outside to a private balcony overlooking the pool, ideal for grilling and unwinding. Upstairs, the primary suite delivers an en-suite bath with dual vanities, a walk-in shower, and an oversized walk-in closet. A comfortable secondary bedroom and full bath complete the upper level. Residents enjoy 12 community pools, parks, tennis and basketball courts, a recreation center, BBQ areas, tot lots, and direct trail access to Loma Ridge, all within the award-winning Irvine Unified School District, with easy reach to the 241 and 133 toll roads, shopping, and dining.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.1 mi
Grades 7-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,798 | 2,083 | 29% |
| Lot Size | 12,849 | 3,200 | 62% |
| Price | $888.0K | $1.40M | 6% |
| Price per sq ft | $494 | $701 | 3% |
| Built year | 2014 | 2019 | 23% |
| HOA | $190.0 | $240 | 17% |
| Days on market | 9 | 155 | 4% |
Jun 17, 2026
$888,000
$989,000
-10% Price Drop
Initial Listing
Jun 9, 2026
$989,000
Initial Listing
Oct 31, 2017
$604,500
Public Record