547 Mulligan, Irvine, California 92618, Irvine, - bed, bath

home-pic
ACTIVE$1,299,990
547 Mulligan, Irvine, California 92618
3Beds
4Baths
2,567Sqft
Lot
Year Built
2025
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
-
HOA
$540
Days on market
-
Sold On
-
MLS number
OC25247998
Home ConditionExcellent
Features
Deck
View-

About this home

Upstairs, the third floor includes two bedrooms that flank a spacious loft with an attached deck. The highlight is the luxurious owner’s suite, complete with a spa-inspired bathroom and a walk-in closet. This home is part of an eight-unit building, yet it occupies one full side and offers its own private entrance—providing the feel of a standalone home. Amaris is a new community of stacked flats in Luna Park at Great Park Neighborhoods in Irvine, CA. Residents enjoy active lifestyles with fantastic onsite amenities, including a sparkling swimming pool, clubhouse, multiuse trails and much more. The 5 and 405 freeways offer simple commutes and travel, and eligible students will attend award-winning schools in the Saddleback Valley Unified School District. The Irvine Spectrum Center provides convenient access to the best of local shopping, dining and entertainment.

Price History

Date
Event
Price
10/27/25
Listing
$1,299,990
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (228 Listings)
Beds33
50%
Baths43
71%
Square foot2,5671,987
88%
Lot Size00
Price$1.3M$1.38M
43%
Price per square foot$506$711
1%
Built year20252020
68%
HOA$540$260
94%
Days on market8175
0%
Condition Rating
Excellent

This property is a brand new construction, built in 2025, as explicitly stated in the listing. The images confirm pristine condition throughout, featuring a modern kitchen with white shaker cabinets, light quartz countertops, stainless steel appliances, and a stylish subway tile backsplash. Bathrooms are spa-inspired with contemporary vanities, dual sinks, and walk-in showers. All fixtures, flooring (wood-look and new carpet), and lighting (recessed and modern pendants) are new and meet current quality standards, indicating no deferred maintenance or physical depreciation.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this property offers modern design, new appliances, and the peace of mind that comes with a brand-new home, minimizing immediate maintenance and repair costs.
Prime Irvine Location: Situated in the highly desirable Luna Park at Great Park Neighborhoods, residents benefit from a master-planned community known for its safety, quality of life, and excellent infrastructure.
Exceptional Community Amenities: The community provides a sparkling swimming pool, clubhouse, multiuse trails, and more, fostering an active lifestyle and offering recreational opportunities right at home.
Award-Winning School District: Eligible students attend schools within the Saddleback Valley Unified School District, a significant draw for families seeking top-tier education.
Unique Condo Design with Privacy: Occupying one full side of an eight-unit building with its own private entrance, this stacked flat offers the feel and privacy of a standalone home, a rare feature for a condominium.

Cons

High Monthly Association Fee: The $540.0 monthly association fee is substantial and adds a significant recurring cost to homeownership, which could impact affordability for some buyers.
Condominium Ownership Limitations: Despite its private entrance, the property is a condominium, meaning shared walls and adherence to HOA rules and regulations, which may limit individual control over exterior modifications and potentially lead to noise concerns.
Lack of Scenic Views: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic outlooks or natural vistas, potentially affecting its perceived value compared to properties with desirable views.

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