NOT LISTED FOR SALE

Estimated Value: $4,888,000 - $5,758,000

4 Beds
4.5 Baths
3,227 Sq Ft
$1,637/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $4,800,000 $1,487 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $29,389/month

108 Days on Market

Highlights

  • Under Construction
  • Heated In Ground Pool
  • City Lights View
  • Canyon View Elementary School Rated A
  • Gated Community
  • 1-minute walk to Loma Ridge

About This Home

As of March 2024

BEAUTIFULLY FURNISHED AND LANDSCAPED PLAN 1 MODEL! Welcome to Ravello, an exceptional neighborhood located in the gated community of Reserve at Orchard Hills. Surrounded by pristine natural scenery, this stunning new construction home features stunning city lights, sunset and Catalina Island views and beautifully landscaped backyard with spa. The expansive floorplan of our Residence 1 features dramatic volume ceilings that soar upwards of 21 ft., beautiful panoramic doors, with outdoor access and so much more. FULLY UPGRADED!

Last Agent to Sell the Property

Patrick Bailey

Irvine Management Company Brokerage Phone: 949-735-9753 License #01809528 Listed on: 11/10/2023

Irvine Management Company

Last Buyer's Agent

Wangying Zhang

JC Pacific Corp License #02015465

JC Pacific Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,094

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 5,623 Sq Ft Lot
  • Block Wall Fence
  • Level Lot
  • Sprinkler System
  • Back and Front Yard

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • City Lights
  • Canyon
  • Hills

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 3,227 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Great Room
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Loft

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors swing in
  • Property is near a park

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 18016

Community Details

Overview

  • Keystone Association, Phone Number (949) 838-3236
  • Built by Irvine Pacific

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,094

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Sales Office
  • Other Phone Number: 9497903050
  • Property Attached: No
  • Security: Fire and Smoke Detection System, Fire Sprinkler System, Gated Community
  • Subdivision Name Other: Ravello
  • View: Yes
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2018
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 3227.00 Square Feet
  • Interior Amenities: Coffered Ceiling(s), High Ceilings, Recessed Lighting
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Ell
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1487.45
  • Room Type: Great Room, Loft, Main Floor Bedroom, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, In Ground
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Canyon, City Lights, Hills
  • Fence: Yes
  • Fencing: Block
  • Builder Name: Irvine Pacific
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage Faces Front, Garage - Single Door, Garage Door Opener, Guest, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Range Hood, Tankless Water Heater
  • Heating Type: Central, Forced Air, High Efficiency, Zoned
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground
  • Association Fee: 299.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone
  • Phone: 9498383236
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Association Management: Keystone

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 5623.00
  • Lot Size Acres: 0.1291
  • Latitude Manual: 33.73963600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5623.0000 Square Feet
  • Number Of Units In Community: 152
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 18016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Apr 10, 2024
Sold by
Shen Richang and Wei Xiaojing
Bought by
Bai Haixiao
Seller's Agent
Patrick Bailey
Irvine Management Company
Buyer's Agent
Wangying Zhang
JC Pacific Corp
List Price
$4,946,277
Sold Price
$4,800,000
Premium/Discount to List
-$146,277
-2.96%
Views
112
Current Estimated Value
$5,281,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,148
Avg. Annual Appreciation
6.44%

Purchase Details

Listed on
Nov 10, 2023
Closed on
Mar 4, 2024
Sold by
Irvine Pacific Lp
Bought by
Shen Richang and Wei Xiaojing
Seller's Agent
Patrick Bailey
Irvine Management Company
Buyer's Agent
Wangying Zhang
JC Pacific Corp
List Price
$4,946,277
Sold Price
$4,800,000
Premium/Discount to List
-$146,277
-2.96%
Views
112
Source: Public Records

Range of Values:

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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
Bai Haixiao $5,185,000 Fidelity National Title
Shen Richang $4,800,000 First American Title
Irvine Pacific Lp -- First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $4,800,000 -3.0% $1,487 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
11/10/2023 11/10/23 For Sale $4,946,277 -- $1,533 / 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 $13,094 $5,288,700 $4,281,735 $1,006,965
2024 $13,094 $862,791 $35,274 $827,517
2023 $12,891 $845,874 $34,582 $811,292
2022 $12,727 $829,289 $33,904 $795,385
2021 $12,560 $813,029 $33,239 $779,790
2020 $11,106 $804,693 $32,898 $771,795
2019 $9,709 $788,915 $32,253 $756,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23209162

California Regional Multiple Listing Service (CRMLS)

APN: 527-481-52