153 Spectacle, Irvine, California 92618, Irvine, - bed, bath

home-pic
ACTIVE$1,388,000
153 Spectacle, Irvine, California 92618
3Beds
3Baths
2,317Sqft
131,942Lot
Year Built
2020
Close
-
List price
$1.39M
Original List price
$1.65M
Price/Sqft
-
HOA
$230
Days on market
-
Sold On
-
MLS number
WS25062398
Home ConditionExcellent
Features
Deck
View-

About this home

Huge price reduction!! Single family detached condo located in the Cadence park neighborhood of Great Park neighborhood. This house features open living spaces, large rooms and a very large third floor bonus/loft space for home office or entertaining guests. The third level also features a spacious outdoor covered patio space. All three bedrooms are on second floor and there are living room, dinning room, kitchen and powder room on the first floor. Home is located in nationally recognized Irvine School District with Cadence Park K-8 and Portola High School within walking distance. Great Park Neighborhoods features 9 pools, playgrounds, sports parks, hiking and biking trails along with a world-class vegas-style clubhouse also within walking distance. It's currently tenant occupied. Lease ends on 6/1/26. The house will be delivered with tenant. virtual tour: https://my.matterport.com/show/?m=2ZtwNuSaSfW

Nearby schools

9/10
Portola Springs Elementary
Public,K-61.3mi
7/10
Rancho Canada Elementary School
Public,K-62.8mi
7/10
Cypress Village Elementary
Public,K-64.3mi
9/10
Jeffrey Trail Middle
Public,7-82.6mi
6/10
Serrano Intermediate School
Public,7-83.4mi
7/10
El Toro High School
Public,9-123.5mi
9/10
Northwood High School
Public,9-123.9mi
9/10
Irvine High School
Public,9-123.9mi

Price History

Date
Event
Price
08/09/25
Price Change
$1,388,000
03/21/25
Listing
$1,650,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (115 Listings)
Beds34
16%
Baths34
41%
Square foot2,3172,749
19%
Lot Size131,9424,415
97%
Price$1.39M$2.28M
10%
Price per square foot$599$852.5
3%
Built year202010101010
54%
HOA$230$240
34%
Days on market228166
77%
Condition Rating
Excellent

This property was built in 2020, making it only 4 years old, which falls well within the 'built within 10 years' criterion for an 'Excellent' rating. The images confirm a virtually new condition with modern finishes throughout. The kitchen features contemporary white shaker cabinets, stainless steel appliances, light-colored countertops, and subway tile backsplash, all in pristine condition. Bathrooms, as seen in the powder room, are also modern and clean. Flooring is a mix of light wood-look material and clean carpeting, showing no signs of wear. Recessed lighting is prevalent, indicating modern electrical and lighting systems. Overall, the property exhibits no deferred maintenance and meets current quality standards, making it truly move-in ready with top-tier condition.
Pros & Cons

Pros

Exceptional Location & School District: Located in the highly desirable Cadence Park within the Great Park Neighborhoods, offering access to top-rated Irvine School District schools (Cadence Park K-8 and Portola High School) within walking distance, a major draw for families.
Modern Construction & Versatile Layout: Built in 2020, this home features contemporary open living spaces, generously sized rooms, and a very large, versatile third-floor bonus/loft space, ideal for a home office or entertaining.
Abundant Community Amenities: Residents benefit from world-class Great Park Neighborhoods amenities, including 9 pools, playgrounds, sports parks, hiking/biking trails, and a Vegas-style clubhouse, all conveniently within walking distance.
Dedicated Outdoor Living Space: The property includes a spacious outdoor covered patio on the third level, providing a private and desirable area for relaxation and entertaining.
Significant Price Reduction: A substantial price reduction from the original list price indicates a strong value proposition and potential for a more attractive investment.

Cons

Long-Term Tenant Occupancy: The property is currently tenant-occupied with a lease extending until June 1, 2026, which means the buyer cannot take immediate possession and limits the buyer pool to investors or those willing to wait.
Detached Condo Status: While detached, its classification as a 'condo' implies a smaller private lot and shared common areas managed by an HOA, which may not appeal to buyers seeking a traditional single-family home with a large, private yard.
Recurring Association Fees: The monthly association fee of $230 adds to the ongoing cost of homeownership, which potential buyers must factor into their budget.

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