248 Merit, Irvine, California 92618, Irvine, - bed, bath

home-pic
ACTIVE$1,449,000
248 Merit, Irvine, California 92618
3Beds
3Baths
1,812Sqft
2,869Lot
Year Built
2020
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
-
HOA
$469
Days on market
-
Sold On
-
MLS number
OC25228469
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Panoramic, Pool
ViewPark/Greenbelt, Panoramic, Pool

About this home

Builder previous highly upgraded model home situated atop a premium lot location within Great Park. Enjoy sprawling panoramic views of the surrounding landscape and Rise Park Olympic-sized pool from oversized interior windows and dual outdoor spaces. Extensively upgraded with numerous custom finishes, surround sound, dual-zone heating/cooling, designer landscaping, full outdoor irrigation system, large terraces, and much more! Great Park offers resort-style amenities with access to multiple swimming pools, parks and trails, farmer’s market, and outdoor events. Conveniently located just minutes from the Irvine Spectrum shopping center, freeways, and restaurants. Rise Park is the only neighborhood offering a highly ranked Irvine Unified School District K-8 and Highschool located within walking distance inside the community.

Price History

Date
Event
Price
10/04/25
Listing
$1,449,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (228 Listings)
Beds33
50%
Baths33
50%
Square foot1,8121,976
42%
Lot Size2,869108,900,000
6%
Price$1.45M$1.39M
55%
Price per square foot$800$711
75%
Built year20202020
50%
HOA$469$260
90%
Days on market32176
0%
Condition Rating
Excellent

Built in 2020, this property is a highly upgraded model home with extensive custom finishes. The kitchen features modern cabinetry, high-end stainless steel appliances, and contemporary lighting. All visible components, including flooring, fixtures, and dual-zone heating/cooling, are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Premium Location & Panoramic Views: Situated on a premium lot within Great Park, this former model home offers sprawling panoramic views of the surrounding landscape and the Rise Park Olympic-sized pool from oversized windows and dual outdoor spaces.
Extensive Upgrades & Modern Features: As a builder's previous highly upgraded model home, it boasts numerous custom finishes, surround sound, dual-zone heating/cooling, designer landscaping, and large terraces, ensuring a luxurious and comfortable living experience.
Resort-Style Community Amenities: Residents enjoy access to Great Park's resort-style amenities, including multiple swimming pools, parks, trails, a farmer’s market, and various outdoor events, fostering an active and engaging lifestyle.
Top-Rated Schools & Walkability: The property is located within the highly ranked Irvine Unified School District, with K-8 and high schools within walking distance inside the community, making it ideal for families.
New Construction & Desirable City: Built in 2020, this nearly new home offers modern construction standards and is conveniently located in Irvine, a highly sought-after city known for its quality of life and proximity to amenities like Irvine Spectrum.

Cons

High Association Fees: The monthly association fee of $469.0 is substantial and adds a significant recurring cost to homeownership, which potential buyers must factor into their budget.
Condominium Ownership Limitations: As a condominium, ownership comes with HOA rules and regulations, potential for special assessments, and less autonomy over exterior modifications compared to a traditional single-family home.
Smaller Lot Size: The lot size of 2869 sqft is relatively small, which may limit private outdoor space and appeal to buyers seeking larger yards or more expansive property.

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