114 Source, Irvine, California 92618, Irvine, - bed, bath

home-pic
ACTIVE$1,799,999
114 Source, Irvine, California 92618
4Beds
3Baths
2,798Sqft
89,961Lot
Year Built
2020
Close
-
List price
$1.8M
Original List price
$2.15M
Price/Sqft
-
HOA
$240
Days on market
-
Sold On
-
MLS number
CV25048970
Home ConditionExcellent
Features
Good View: None
Deck
View-

About this home

Welcome to your dream home in the vibrant Great Park Neighborhoods—where resort-style living, top-rated schools, and contemporary design come together beautifully. Step inside this spacious three-story residence and be immediately greeted by light, style, and functionality. The open-concept main level is ideal for entertaining, with a sleek, modern kitchen featuring a large walk-in pantry, designer backsplash, and seamless flow into the bright and inviting living area. A private downstairs bedroom with a full bathroom offers the perfect space for guests or multi-generational living. Upstairs, your private retreat awaits. The luxurious primary suite boasts a spa-inspired bathroom with a soaking tub, dual vanities, and an oversized walk-in closet that feels more like a boutique dressing room. Two additional bedrooms, a full bathroom, and a convenient laundry room complete the second floor for a total of 4 bedrooms. The real showstopper? A full third-floor bonus room—an expansive, sunlit space ready to become your home theater, game room, creative studio, or the ultimate remote work haven. Step out onto the covered deck to take in glowing sunset views, and enjoy the outdoor lifestyle Irvine is known for. With paid-off solar panels, security system, a low HOA, and access to world-class amenities—pools, playgrounds, sports courts, trails, and more—this home checks every box. Top rated Irvine school district and much more!

Nearby schools

9/10
Portola Springs Elementary
Public,K-61.3mi
7/10
Rancho Canada Elementary School
Public,K-63.3mi
7/10
Cypress Village Elementary
Public,K-63.8mi
9/10
Jeffrey Trail Middle
Public,7-82.1mi
6/10
Serrano Intermediate School
Public,7-83.9mi
9/10
Irvine High School
Public,9-123.4mi
9/10
Northwood High School
Public,9-123.4mi
7/10
El Toro High School
Public,9-124.0mi

Price History

Date
Event
Price
09/03/25
Price Change
$1,799,999-1.1%
08/11/25
Price Change
$1,819,999-0.8%
08/01/25
$1,835,000
03/26/25
$2,150,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (115 Listings)
Beds44
50%
Baths34
41%
Square foot2,7982,779
51%
Lot Size89,9614,415
96%
Price$1.8M$2.28M
20%
Price per square foot$643$852.5
6%
Built year202010101010
54%
HOA$240$240
50%
Days on market223166
76%
Condition Rating
Excellent

This property was built in 2020, making it only 4 years old and virtually new. The kitchen is sleek and modern with high-end stainless steel appliances, quartz countertops, designer subway tile backsplash, and contemporary dark wood cabinetry. Bathrooms feature matching modern vanities, new fixtures, and clean tile work. All flooring (light wood-look and new carpet), recessed lighting, and finishes throughout the home are current, high-quality, and show no signs of wear or deferred maintenance. The property meets all criteria for an 'excellent' condition score.
Pros & Cons

Pros

Modern & New Construction: Built in 2020, this residence features contemporary design, an open-concept main level, and a sleek, modern kitchen, appealing to buyers seeking move-in ready, updated homes.
Prime Location & Community Amenities: Located in the vibrant Great Park Neighborhoods, residents enjoy resort-style living with access to world-class amenities including pools, playgrounds, sports courts, and trails.
Top-Rated School District: The property is situated within the highly acclaimed Irvine Unified School District, known for its top-rated schools, a significant draw for families.
Energy Efficiency & Smart Features: Equipped with paid-off solar panels and a security system, offering significant savings on utility costs and enhanced peace of mind for homeowners.
Versatile Living Spaces: The home boasts a private downstairs bedroom with a full bathroom ideal for multi-generational living or guests, and a full third-floor bonus room offering flexible use as a home theater, office, or game room.

Cons

Multi-Story Layout: The three-story design may not appeal to all buyers, particularly those seeking single-level living or with mobility concerns due to the number of stairs.
Limited Private Outdoor Space: While offering a covered deck and access to community amenities, the description does not detail a substantial private yard, which could be a drawback for buyers desiring more personal outdoor space.
Recent Price Reductions: Multiple price drops from the original listing price suggest the property may have been initially overvalued or is experiencing challenges in attracting buyers at its current price point.

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