$1,425,000
SOLD DEC 10, 2025
3 Beds
2.5 Baths
2,103 Sq Ft
$507/mo HOA Fee

Recently Sold

$678 Per Sq Ft

14% Below List Price

73 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Clubhouse
  • Cadence Park Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of December 2025

Our FULLY LOADED "Lanterns" Collection at Parasol Park Residence THREE is just steps from Parasol Park and The POOLS! This TWO-LEVEL home offers 3BD 2.5BA, Main Level Den, PATIO SLIDERS to Private Outdoor Patio, ATTACHED 2-CAR Garage, and approximately 2,103 Sq. Ft of Decadent Interior Living Space! The home features an Open Floor Plan, LED Recessed Lighting, Tile Flooring, Premium Carpeting, Custom Fitted Window Shades, Premium Paint, & High Ceilings! Chef-Inspired Gourmet Kitchen with Quartz Countertops, FULL Decorative Backsplash, White Shaker Door Cabinetry, and ALL Stainless Steel Appliances! A Lifestyle Opportunity for Indoor/Outdoor Entertaining— Sliding Door Access to Private spacious Outdoor Patio with Custom Deck, Greenbelt, Accent Wall, & String Lighting! Enjoy world-class amenities exclusive to Great Park residents -- Olympic-sized swimming pool, playground, zen gardens plus Masterplan amenities including 5 parks, 3 full court basketball courts, 2 junior Olympic pools, 4 spas, 3 club rooms, BBQ picnic destinations at every park and one greenhouse. Award-winning Irvine unified school district (zoned Portola High School & Cadence Park K-8) and just minutes from dining destinations at the Woodbury Shopping Center, Five Points Amphitheater Irvine Spectrum, John Wayne Airport, Kaiser Permanente, and nearby connecting freeways ( I-5, 241, 133, & 73)!

Last Agent to Sell the Property

Ronnie Hackett

Berkshire Hathaway HomeService Brokerage Phone: 9495549198 License #01891826 Listed on: 08/22/2025

Berkshire Hathaway HomeService

Co-Listed By

Cyrena Bulahan

Berkshire Hathaway HomeService Brokerage Phone: 9495549198 License #01911162

Last Buyer's Agent

Ronnie Hackett

Berkshire Hathaway HomeService Brokerage Phone: 9495549198 License #01891826 Listed on: 08/22/2025

Berkshire Hathaway HomeService

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2017

Lot Details

  • 1 Common Wall
  • Brick Fence
  • Stucco Fence
  • Landscaped

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 2,103 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Custom Window Coverings
  • Roller Shields
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Home Office

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park

Schools

  • Portola High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 17900
  • Assessor Parcel Number 93922506
  • $6,856 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Front Yard Maintenance
  • 60 Units
  • Lanterns Association, Phone Number (949) 494-7700
  • Great Park Neighborhoods Association
  • Keystone HOA
  • Built by Lennar
  • Lanterns
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2017

Lot Details

0

HOA Fees

$507 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lanterns at Parasol Park
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93922506
  • Year Built: 2017
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2103.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Unfurnished, Wired for Data
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 677.60
  • Room Type: All Bedrooms Up, Den, Entry, Great Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet
  • Spa Features: Association
  • Window Features: Custom Covering, Drapes, Roller Shields
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Quartz Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Brick, Stucco Wall
  • Builder Name: Lennar
  • Patio And Porch Features: Enclosed, Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Range Hood, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Great Park Neighborhoods
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park, Sport Court, Biking Trails, Clubhouse, Maintenance Grounds, Maintenance Front Yard
  • Association Fee: 267.00
  • Association #2 Fee: 240.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Lanterns
  • Phone: 949-494-7700
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Dog Park, Gutters, Park, Sidewalks, Storm Drains, Street Lights
  • Association Management: Keystone

Schools

  • Elementary School Other: Cadence K-8
  • Middle Or Junior School Other: Cadence K-8
  • High School: Portola
  • High School2: PORTO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Park Nearby
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689
  • Latitude Manual: 33.68340300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3000.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.39
  • Tax Lot: 4
  • Tax Model: 3
  • Tax Tract Number: 17900
  • TaxOtherAnnualAssessmentAmount: 6856.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2025
Closed on
Nov 6, 2025
Sold by
Alvarado-Rivera Living Trust and Alvarado-Rodriguez Francisco
Bought by
Banerjee Madhuri Pradeep and Sharma Kshitij
Seller's Agent
Ronnie Hackett
Berkshire Hathaway HomeService
Buyer's Agent
Ronnie Hackett
Berkshire Hathaway HomeService
List Price
$1,650,000
Sold Price
$1,425,000
Premium/Discount to List
-$225,000
-13.64%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.12%
Original Mortgage
$1,162,000
Outstanding Balance
$1,160,699
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$321,300

Purchase Details

Closed on
Aug 27, 2020
Sold by
Alvarado Rodriguez Francisco and Rivera Betancourt Rosana
Bought by
Alvarado Rodriguez Francisco and Rivera Betancourt Rosana

Purchase Details

Closed on
Mar 28, 2017
Sold by
Lennar Homes Of California Inc
Bought by
Alvarado Rodriguez Francisco and Rivera Betancourt Rosana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,740
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,400,000 California Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $805,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,162,000 New Conventional
Previous Owner $603,740 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2025 12/10/25 Sold $1,425,000 -4.9% $678 / Sq Ft
11/03/2025 11/03/25 Pending -- -- --
10/21/2025 10/21/25 Price Changed $1,498,888 -3.3% $713 / Sq Ft
09/24/2025 09/24/25 Price Changed $1,549,888 -6.1% $737 / Sq Ft
08/22/2025 08/22/25 For Sale $1,650,000 -- $785 / Sq Ft
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 $16,080 $934,256 $601,403 $332,853
2024 $16,080 $915,938 $589,611 $326,327
2023 $15,733 $897,979 $578,050 $319,929
2022 $15,425 $880,372 $566,716 $313,656
2021 $15,122 $863,110 $555,604 $307,506
2020 $15,001 $854,260 $549,907 $304,353
2019 $14,814 $837,510 $539,124 $298,386
2018 $14,519 $821,089 $528,553 $292,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25190472

California Regional Multiple Listing Service (CRMLS)

APN: 939-225-06