$2,910,000
SOLD APR 17, 2025
4 Beds
3 Baths
2,870 Sq Ft
3,983 Sq Ft Lot

Recently Sold

$1,014 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

  • New Construction
  • Spa
  • View of Hills
  • Loma Ridge Elementary School Rated A
  • Open Floorplan
  • 3-minute walk to Hillcrest Park at Portola Springs

About This Home

As of April 2025

Stunning Mountain View Home! Olivewood in Portola Springs presents a premium collection of designer residences, perched atop the highest point of Portola Springs, offering breathtaking mountain views. Plan 1 features a modern open layout with impressive interior finishes, a gourmet kitchen with a prep kitchen, a downstairs bedroom/office, a bonus room, and panoramic doors that open to optional outdoor living spaces perfect for al fresco dining and family gatherings. Crafted with the finest materials, this home meets the high standards that discerning buyers expect. Located in a highly sought-after Irvine address, homeowners are within walking distance to Loma Ridge Elementary, scenic trails, and 15+ family-friendly, resort-style parks. New and Move in Ready!

Last Agent to Sell the Property

Justyna Korczynski

TNHC Realty and Construction Brokerage Phone: 949-688-6929 License #01452389 Listed on: 03/02/2025

Co-Listed By

Melanie Earl

The New Home Company Brokerage Phone: 949-688-6929 License #02047063

Last Buyer's Agent

Fay Xu

Universal Elite Realty License #01947800

Universal Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,742

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 3,983 Sq Ft Lot
  • Level Lot
  • Private Yard
  • Front Yard

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 2,870 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Entryway
  • Family Room Off Kitchen
  • Dining Room
  • Loft
  • Views of Hills
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Air
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 19176
  • $3,900 per year additional tax assessments

Community Details

Overview

  • Keystone Pacific Association, Phone Number (949) 833-2600
  • Built by New Home Co
  • Plan 1Cr
  • Maintained Community

Amenities

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

Recreation

  • Pickleball Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,742

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Olivewood
  • View: Yes
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2870.00 Square Feet
  • Interior Amenities: Open Floorplan, Pantry, Stone Counters
  • Stories: 2
  • Entry Location: 1st floor
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1013.94
  • Room Type: Entry, Kitchen, Laundry, Loft, Main Floor Bedroom
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Walk-In Pantry

Exterior Features

  • Foundation: Slab
  • View: Hills
  • Builder Name: New Home Co
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Sport Court, Clubhouse, Maintenance Grounds, Management
  • Association Fee: 190.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone Pacific
  • Phone: 949.833.2600
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights
  • Association Management: Keystone Pacific

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Yard
  • Lot Size Sq Ft: 3983.00
  • Lot Size Acres: 0.0914
  • Latitude Manual: 33.69050400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3983.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 19176
  • TaxOtherAnnualAssessmentAmount: 3900.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2025
Closed on
Mar 18, 2025
Sold by
New Home Company Southern California Llc
Bought by
Chen Wei and Feng Bingyan
Seller's Agent
Justyna Korczynski
TNHC Realty and Construction
Buyer's Agent
Fay Xu
Universal Elite Realty
List Price
$2,969,990
Sold Price
$2,910,000
Premium/Discount to List
-$59,990
-2.02%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,182,500
Outstanding Balance
$2,176,697
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2025
Sold by
Irvine Community Development Company Llc
Bought by
New Home Company Southern California Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,182,500
Outstanding Balance
$2,176,697
Interest Rate
6.63%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $2,910,000 First American Title
Grant Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,182,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $2,910,000 -2.0% $1,014 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
03/02/2025 03/02/25 For Sale $2,969,990 -- $1,035 / 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
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: OC25045902

California Regional Multiple Listing Service (CRMLS)

APN: 591-781-10