144 Milky Way, Irvine, California 92618, Irvine, - bed, bath

home-pic
ACTIVE$1,349,000
144 Milky Way, Irvine, California 92618
3Beds
3Baths
1,490Sqft
1,490Lot
Year Built
2020
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
-
HOA
$312
Days on market
-
Sold On
-
MLS number
WS25183373
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to 144 Milky Way, a stunning 2020-built home in Irvine’s prestigious Portola Springs. This 1,490 sq ft, 3-bedroom, 2.5-bath residence offers an open-concept design filled with natural light, elegant wood floors, and a modern kitchen with premium appliances. Upstairs, the serene primary suite and two spacious bedrooms provide comfort and privacy, complemented by central air, forced-air heating, and in-unit laundry. The detached 2-car garage adds convenience, while the community offers resort-style amenities—pools, clubhouses, sports courts, playgrounds, and scenic walking trails. Perfectly located near shopping, dining, and with easy access to the 241 and 133 toll roads, this home is assigned to top-rated Irvine schools: Loma Ridge Elementary, Jeffrey Trail Middle, and the highly acclaimed Portola High School, known for its STEM programs, championship athletics, and exceptional college placement. Best of all, this property is priced $1.35M below market value, creating a rare opportunity with instant equity potential. Recent comparable homes list between $1.4M and $1.5M, making this a true standout in one of Southern California’s most desirable neighborhoods. Whether for your forever home or a smart investment, 144 Milky Way delivers style, location, and unmatched value.

Price History

Date
Event
Price
08/22/25
Listing
$1,349,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (116 Listings)
Beds34
16%
Baths34
40%
Square foot1,4902,764
7%
Lot Size1,4904,409
1%
Price$1.35M$2.3M
9%
Price per square foot$905$856
68%
Built year20202020
50%
HOA$312$240
85%
Days on market75166
8%
Condition Rating
Excellent

This property was built in 2020, making it only 4 years old. The description and images confirm a modern, open-concept design with elegant wood floors, recessed lighting, and a contemporary kitchen featuring white shaker cabinets, dark countertops, and premium stainless steel appliances. Bathrooms are also modern and well-maintained. All components appear new or virtually new, with no visible deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a property built within 10 years.
Pros & Cons

Pros

Exceptional Value Proposition: Priced significantly below comparable market values, offering immediate equity potential and a rare investment opportunity in a highly sought-after area.
Prime Location & Top-Rated Schools: Situated in Irvine's prestigious Portola Springs community, zoned for top-rated Irvine Unified schools, including the highly acclaimed Portola High School.
Modern Construction & Interior Features: A recently built (2020) home featuring an open-concept design, abundant natural light, elegant wood floors, a modern kitchen with premium appliances, and central air.
Extensive Community Amenities: Residents benefit from resort-style community amenities including pools, clubhouses, sports courts, playgrounds, and scenic walking trails.
Convenient Accessibility: Perfectly located with easy access to shopping, dining, and major toll roads (241 & 133), enhancing daily convenience and commute.

Cons

Significant Monthly HOA Dues: The property carries a substantial monthly association fee of $312, which adds to the overall cost of homeownership.
Limited Private Outdoor Space: The lot size is equivalent to the living area (1,490 sq ft), indicating minimal to no private yard, which may not appeal to buyers seeking ample outdoor space.
No Scenic Views: The property does not offer any notable scenic views, which could be a consideration for buyers prioritizing vistas in a high-value market.

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