2349 Watermarke Place, Irvine, California 92612, Irvine, - bed, bath
ACTIVE$658,000
2349 Watermarke Place, Irvine, California 92612
1Bed
1Bath
835Sqft
1,500Lot
Year Built
2003
Close
-
List price
$658K
Original List price
$679K
Price/Sqft
-
HOA
$551
Days on market
-
Sold On
-
MLS number
OC25151099
Home ConditionFair
Features
Good View: Pool, Trees/Woods
Deck
ViewPool, Trees/Woods
About this home
Great private location in the resort style Watermarke community in Irvine. Spacious one bedroom and one bathroom home with a great balcony access from the living room and the primary bedroom. Great for indoor outdoor entertaining. Elevator access to reach this unit and no need for stairs. One parking space is located in the same level of the unit with easy access. This spacious home offers washer and dryer and a refrigerator. The Watermarke community offers, pools, spa, gym, movie room, club house, tennis. Less than 5 minutes to John Wayne airport, shopping and many restaurants.
Nearby schools
4/10
Monroe Elementary School
Public,•K-5•3.4mi
3/10
Mcfadden Intermediate School
Public,•6-8•4.1mi
3/10
Century High School
Public,•9-12•4.5mi
Price History
Date
Event
Price
08/21/25
Price Change
$658,000-1.6%
08/14/25
Price Change
$669,000
07/06/25
Listing
$679,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (74 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 25% |
| Baths | 1 | 2 | 24% |
| Square foot | 835 | 1,441 | 13% |
| Lot Size | 1,500 | 347,709 | 4% |
| Price | $658K | $978K | 12% |
| Price per square foot | $788 | $784 | 53% |
| Built year | 2003 | 2006 | 39% |
| HOA | $551 | $585 | 43% |
| Days on market | 121 | 167 | 25% |
Condition Rating
Fair
The property was built in 2003, making it 22 years old. While it appears to be very well-maintained and move-in ready with no immediate repairs needed, the kitchen features (light wood cabinets, granite countertops) and the carpet flooring throughout are consistent with its original build year and show signs of being outdated in style. There's no evidence of significant renovations within the last 15 years to bring it to a 'Good' or 'Excellent' standard. It fits the 'Fair' criteria of being built over 20 years ago with no major renovations since construction, where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Resort-Style Community Amenities: The Watermarke community offers an extensive array of resort-style amenities including pools, spa, gym, movie room, clubhouse, and tennis courts, providing a luxurious and active lifestyle for residents.
Prime Irvine Location & Accessibility: Situated in a desirable Irvine location, the property boasts excellent proximity to John Wayne Airport, major shopping centers, and diverse dining options, offering unparalleled convenience.
Convenient Unit Access & Inclusions: Features like elevator access, a dedicated parking space on the same level as the unit, and included washer, dryer, and refrigerator enhance daily living convenience and value.
Enhanced Indoor-Outdoor Living: The spacious balcony, accessible from both the living room and primary bedroom, promotes seamless indoor-outdoor entertaining and enjoyment of the pleasant pool and tree/woods views.
Modern Construction: Built in 2003, this condominium is relatively modern, offering contemporary design and infrastructure, appealing to buyers seeking a well-maintained and move-in ready home.
Cons
High Association Fees: The monthly association fee of $551 is substantial for a one-bedroom unit, adding a significant recurring cost that could impact affordability and appeal to some buyers.
Limited Market for One-Bedroom Unit: As a one-bedroom, one-bathroom property, its appeal is limited to a smaller segment of the buyer market, primarily singles or couples, potentially extending time on market.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price, which may suggest it was initially overpriced or could raise buyer concerns about its market value or perceived issues.