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

home-pic
ACTIVE$1,299,000
144 Milky Way, Irvine, California 92618
3Beds
3Baths
1,490Sqft
1,200Lot
Year Built
2020
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
-
HOA
$312
Days on market
-
Sold On
-
MLS number
WS25214768
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 $1.299M 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
09/11/25
Listing
$1,299,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (115 Listings)
Beds34
16%
Baths34
41%
Square foot1,4902,749
7%
Lot Size1,2004,375
1%
Price$1.3M$2.28M
7%
Price per square foot$872$856.5
57%
Built year202010101010
54%
HOA$312$240
86%
Days on market55166
4%
Condition Rating
Excellent

This property, built in 2020, is virtually new, falling well within the 'built within 10 years' criteria for an excellent rating. The images and description confirm a modern aesthetic throughout, featuring elegant wood floors, recessed lighting, and a contemporary kitchen equipped with white shaker cabinets, dark countertops, and premium stainless steel appliances. Bathrooms are equally modern with clean lines and updated fixtures. All systems, including central air and forced-air heating, are new and in excellent condition, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

New Construction & Contemporary Features: Built in 2020, this home boasts a modern open-concept design, abundant natural light, elegant wood floors, and a kitchen equipped with premium appliances, offering a move-in ready contemporary living experience.
Premier Location & Resort-Style Amenities: Situated in Irvine's prestigious Portola Springs, the property benefits from a prime location with easy access to shopping, dining, and major freeways, complemented by extensive community amenities including pools, clubhouses, and sports courts.
Access to Top-Tier Schools: Zoned for highly-rated Irvine Unified School District schools, including Loma Ridge Elementary, Jeffrey Trail Middle, and the acclaimed Portola High School, making it highly attractive for families.
Strong Value Proposition: Listed at $1.299M, the property is positioned competitively, with the listing suggesting potential for instant equity compared to recent comparable sales in the $1.4M-$1.5M range.
Comprehensive Modern Conveniences: The home is equipped with essential modern comforts such as central air conditioning, forced-air heating, in-unit laundry, and a detached 2-car garage, enhancing daily living convenience.

Cons

Limited Private Outdoor Space: With a lot size of only 1200 sq ft for a 1490 sq ft single-family residence, the property offers minimal private outdoor space, which may not suit buyers seeking a larger yard.
Lack of Scenic Views: The property explicitly states 'view: None,' indicating an absence of scenic or desirable views, which could be a disadvantage in a market where views often add significant value.
Ongoing Association Fees: A monthly association fee of $312.0 is an additional recurring cost that buyers must factor into their budget, despite the benefits of community amenities.

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