1507 Rivington, Irvine, California 92612, Irvine, - bed, bath

home-pic
ACTIVE$1,750,000
1507 Rivington, Irvine, California 92612
3Beds
3Baths
2,080Sqft
Lot
Year Built
2024
Close
-
List price
$1.75M
Original List price
$1.88M
Price/Sqft
-
HOA
$613
Days on market
-
Sold On
-
MLS number
OC25101619
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
ViewCity Lights,Neighborhood

About this home

Experience upscale contemporary living in this newly constructed luxury condo located in the highly desirable Lexington community at Central Park West. Designed with modern elegance in mind, this open-concept floor plan features expansive living and dining areas, enhanced by floor-to-ceiling windows that flood the space with natural light and showcase stunning views of the community and beyond. The primary suite offers a private retreat, complete with an en-suite bathroom featuring dual vanities, a spacious walk-in shower, and premium finishes. A second en-suite bedroom is positioned on the opposite side of the home, ideal for privacy. The third room near the entry functions perfectly as a home office, guest room, or optional third bedroom, with a full guest bathroom. High-end upgrades are found throughout: additional wall insolation, wide plank luxury vinyl flooring, a chef-inspired kitchen with a generous quartz island, designer backsplash, and top-tier appliances, customized crown moldings, ceiling fan and beautiful chandelier. The unit is built with ADA compliant. Residents of Lexington enjoy exclusive access to upscale amenities, including a shaded outdoor lounge, BBQ area, bar and TV space, table tennis on the second-floor terrace, a private fitness center, and a dog park. Additionally, Central Park West offers a resort-style clubhouse, state-of-the-art gym, yoga studio, pools, spa, playgrounds, and pickleball courts. Situated on the border of Irvine and Newport Beach, this location offers unmatched convenience. Walk across the street to Mother’s Market, North Italia, Ruth’s Chris Steak House, Houston’s, Lady M,  Starbucks, LA Fitness and more. A planed pedestrian bridge will provide direct access to this vibrant retail hub. With easy access to South Coast Plaza, Fashion Island, UCI, and major business centers, this residence combines luxury, functionality, and prime location in one of Irvine’s most coveted communities. Call to schedule private tour today!

Price History

Date
Event
Price
09/16/25
Price Change
$1,750,000-4.4%
08/03/25
$1,830,000
05/07/25
$1,880,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (74 Listings)
Beds32
77%
Baths32
67%
Square foot2,0801,441
85%
Lot Size0473,967
Price$1.75M$980K
88%
Price per square foot$841$784
67%
Built year20242006
93%
HOA$613$585
61%
Days on market182170
55%
Condition Rating
Excellent

This property is a newly constructed luxury condo, built in 2024. The description highlights 'modern elegance,' 'high-end upgrades,' 'chef-inspired kitchen with a generous quartz island, designer backsplash, and top-tier appliances,' and 'wide plank luxury vinyl flooring.' The images confirm a pristine, contemporary aesthetic throughout, with brand new stainless steel appliances, modern white cabinetry, sleek quartz countertops, and updated bathrooms featuring glass-enclosed showers and modern vanities. All components are new, meeting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2024, this luxury condo offers upscale contemporary living with an open-concept floor plan, floor-to-ceiling windows, and abundant natural light, appealing to modern buyers.
High-End Upgrades & ADA Compliance: The property boasts extensive high-end upgrades including a chef-inspired kitchen with quartz island, luxury vinyl flooring, custom crown moldings, and is built to be ADA compliant, enhancing its value and accessibility.
Exceptional Dual Amenities: Residents benefit from exclusive Lexington amenities (private fitness, dog park, lounge) and access to Central Park West's resort-style clubhouse, pools, gym, and various recreational facilities.
Prime Location & Walkability: Strategically located on the Irvine/Newport Beach border, offering walking access to upscale dining and retail, with a planned pedestrian bridge further enhancing convenience to a vibrant hub.
Flexible & Private Layout: The unit features two en-suite bedrooms, providing excellent privacy, and a versatile third room that can function as an office, guest room, or additional bedroom.

Cons

High Association Fees: A monthly association fee of $613 is substantial and adds a significant recurring cost to homeownership, which could deter some potential buyers.
Condominium Living Constraints: As a condominium, the property inherently involves shared walls and potentially limited private outdoor space, which may not suit buyers seeking more privacy or a traditional yard.
Recent Price Reductions: Multiple price reductions from the original list price of $1.88M to $1.75M could suggest initial overpricing or a slower market absorption rate for this specific unit.

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