5 Arese Aisle, Irvine, California 92606, Irvine, - bed, bath
ACTIVE$1,280,000
5 Arese Aisle, Irvine, California 92606
4Beds
3Baths
2,339Sqft
56,336Lot
Year Built
1990
Close
-
List price
$1.28M
Original List price
$1.3M
Price/Sqft
-
HOA
$511.21
Days on market
-
Sold On
-
MLS number
SR25174348
Home ConditionFair
Features
View-
About this home
Irvine
Price History
Date
Event
Price
09/02/25
Price Change
$1,280,000-1.5%
08/03/25
$1,299,997
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (1 Listings) | |
|---|---|---|---|
| Beds | 4 | 3.5 | 50% |
| Baths | 3 | 3 | 50% |
| Square foot | 2,339 | 1,891 | 50% |
| Lot Size | 56,336 | 28,918 | 50% |
| Price | $1.28M | $1.09M | 50% |
| Price per square foot | $547 | $588 | 50% |
| Built year | 1990 | 9950995 | 100% |
| HOA | $511.21 | $476.105 | 50% |
| Days on market | 94 | 93 | 50% |
Condition Rating
Fair
The property was built in 1990, making it 34 years old. The MLS listing provides no interior images or descriptions of recent renovations, kitchen appliances, bathroom conditions, flooring, or other critical interior features. The sole image provided is of the community's exterior entrance, which appears well-maintained but offers no insight into the specific unit's condition. Based on the age of the property and the absence of information suggesting recent updates, it is likely that the interior components are original or have undergone renovations more than 15 years ago, aligning with the 'Fair' condition criteria for properties built within the last 25 to 40 years with no major renovations since construction.
Pros & Cons
Pros
Prime Irvine Location: Situated in Irvine, a highly desirable city renowned for its safety, excellent amenities, and high quality of life, making it attractive to a wide range of buyers.
Top-Rated School District: Located within the acclaimed Irvine Unified School District, a significant draw for families prioritizing education and a key value driver for properties in the area.
Spacious Townhouse Layout: Offering 4 bedrooms and 3 bathrooms across 2339 sqft, this townhouse provides ample living space, accommodating families comfortably.
Established Community: Part of the 'Corte Bella' subdivision, suggesting a well-maintained, planned community with potential access to shared amenities and a cohesive neighborhood environment.
Recent Price Adjustment: The recent price reduction from $1,299,997 to $1,280,000 makes the property more competitive and potentially attractive to value-conscious buyers in the current market.
Cons
Significant Association Fees: A monthly association fee of $511.21 represents a substantial recurring cost, which could impact affordability and buyer interest.
Lack of Views: The property explicitly states 'None' for views, which can be a drawback in a desirable area where scenic vistas often command a premium and enhance property value.
Age of Property: Built in 1990, the property is over 30 years old, suggesting that some original systems or finishes may require updating or maintenance in the near future, potentially incurring additional costs for the buyer.