$2,978,000 - $3,921,000
RENTED JUN 18, 2025
4 Beds
3 Baths
2,980 Sq Ft
$1,214 Price per Sq Ft

Highlights

  • New Construction
  • Multi-Level Bedroom
  • Private Yard
  • Loma Ridge Elementary School Rated A
  • Park or Greenbelt View
  • 1-minute walk to Hillcrest Park at Portola Springs

About This Home

As of June 2025

Welcome to this stunning single-family residence with a breathtaking view in one of the most desirable communities in Irvine - Olivewood. Step inside to discover an expansive floor plan seamlessly connecting the open kitchen, great room, and dining area. The kitchen features a spacious island, a walk-in pantry, plenty of cabinet storage and a “Chinese Kitchen”; it offers ample space for entertaining and gatherings. A versatile downstairs bedroom is perfect as a guest suite, home office, den, or hobby room. Upstairs, you’ll find additional bedrooms and a generous loft that can be customized as a home theater, gym, or game room. Olivewood combines modern living with an exceptional location, offering access to top-rated schools like Loma Ridge Elementary, Portola High School, scenic trails, Mini-Olympic Swimming Pool, Table Tennis Tables, Children Playground, and over 15 family-friendly parks with resort-style amenities. The best part about this home is its low Carrying Cost: Comparing to average $400/month HOA fee and 1.8% Property Tax for new construction homes in Irvine; this home will only cost you $190/month HOA + 1.2% Property Tax – Unbeatable Steal! This lovely view home is designed for contemporary comfort and convenience; and it’s MOVE-IN-READY! Grab it before it’s gone!

Last Agent to Rent the Property

Cindy Chin

Cindy Chin Realty Brokerage Phone: 877-622-7789 License #01921826 Listed on: 03/05/2025

Last Renter's Agent

Debera Friend

Berkshire Hathaway HomeService License #01256897

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,742

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,009 Sq Ft Lot
  • Level Lot
  • Private Yard

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,980 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Park or Greenbelt Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Security Deposit $9,500
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 3/6/25
  • Tax Lot 86
  • Tax Tract Number 19176
  • Assessor Parcel Number 59178155

Community Details

Overview

  • Portola Springs Association, Phone Number (949) 833-2600

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,742

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$180 per month

Parking

2

Rental Info

  • Available Date: 2025-03-06
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 9500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: EMAIL
  • Property Attached: No
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 59178155
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2980.00 Square Feet
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.85
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Multi-Level Bedroom, Walk-In Closet

Exterior Features

  • View: Park/Greenbelt
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Association Name: Portola Springs
  • Phone: 9498332600
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights
  • Association Management: Portola Springs

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Level with Street, Walkstreet, Yard
  • Lot Size Sq Ft: 4009.00
  • Lot Size Acres: 0.0920

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, 6 Months
  • Lot Size Area: 4009.0000 Square Feet
  • Number Of Units Total: 125
  • Rent Includes: Association Dues, Trash Collection, Water

Tax Info

  • Tax Census Tract: 524.39
  • Tax Lot: 86
  • Tax Tract Number: 19176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
New Home Co Southern Ca Llc
Bought by
Lang Xiaobo and Zhu Minghui
Current Estimated Value
$3,617,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lang Xiaobo $3,756,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lang Xiaobo $1,982,000
Closed Lang Xiaobo $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Rented $8,500 0.0% --
06/06/2025 06/06/25 Price Changed $8,500 -4.5% $3 / Sq Ft
04/20/2025 04/20/25 Price Changed $8,900 -6.3% $3 / Sq Ft
03/05/2025 03/05/25 For Rent $9,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,742 $3,831,599 $2,944,413 $887,186
2024 $3,742 $3,473 $3,473 --
2023 $2,041 $3,405 $3,405 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25047927

California Regional Multiple Listing Service (CRMLS)

APN: 591-781-55