Landlord's Agent in 2025
Martin Mania
Keller Williams OC Luxury Realty
(714) 747-3884
8 in this area
149 Total Sales
224 Merit Irvine, CA 92618
Great Park NeighborhoodEstimated Value: $1,559,000 - $1,811,000
3
Beds
2.5
Baths
2,594
Sq Ft
$250/mo
HOA Fee
Highlights
- Spa
- 0.68 Acre Lot
- Wood Flooring
- Portola High School Rated A+
- Clubhouse
- Modern Architecture
About This Home
As of October 2025Stunning Modern Home with Sunset Views in Rise Park just a 1 minute to the Clubhouse Pools! Welcome to this exceptionally modern detached home in the highly desirable Rise Park community of Irvine’s Great Park Neighborhoods. Built by Lennar in 2022, this beautifully upgraded residence features 3 spacious bedrooms, 2.5 bathrooms, a versatile third-floor bonus loft, and a 2-car direct access garage, with 2,594 sq ft of thoughtfully designed living space. The 3rd level bonus room has a built-in murphy bed which can be used as another room. Perfectly situated just a 1-minute walk to Rise Park’s resort-style pools and parks, and a short stroll to the award-winning Portola High School, this home delivers luxury, lifestyle, and unmatched convenience for modern families. Enjoy a bright and open first-floor layout with upgraded flooring and a seamless flow between the great room, dining area, and the luxury-upgraded kitchen featuring a large quartz island, high-end stainless-steel appliances, sleek cabinetry, and a walk-in pantry. Upstairs, all bedrooms are conveniently located on the second floor. The expansive primary suite offers a peaceful retreat, complete with ample room for a sitting area, large windows for natural light, a spacious walk-in closet, and a beautifully appointed en suite bathroom. The laundry room with built-in storage is also thoughtfully positioned on this level. On the third floor, discover a huge bonus loft which is ideal as a media room, home office, or entertainment lounge with sliding glass doors leading to a private balcony that captures stunning sunset views and gentle breezes. The yard is professionally done, creating a clean and stylish space perfect for outdoor relaxation or gatherings. Additional highlights include: Southwest-facing living areas for beautiful natural light, Zoned to top-ranked Irvine Unified schools including Portola High, and Steps from parks, pools, trails, and community events. This turn-key home blends modern upgrades with timeless design in one of Irvine’s most vibrant neighborhoods. Home can be provided furnished at an additional monthly cost.
Last Agent to Rent the Property
Keller Williams OC Luxury Realty Brokerage Phone: 714-747-3884 License #01799007 Listed on: 09/10/2025
Condo Details
Home Type
- Condominium
Year Built
- Built in 2022
Lot Details
- No Common Walls
- Block Wall Fence
HOA Fees
- $250 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
Home Design
- Modern Architecture
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 2,594 Sq Ft Home
- 3-Story Property
- Furniture Can Be Negotiated
- Wired For Data
- Built-In Features
- Plantation Shutters
- Custom Window Coverings
- Roller Shields
- Family Room Off Kitchen
- Bonus Room
- Park or Greenbelt Views
Kitchen
- Open to Family Room
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on upper level
Home Security
Outdoor Features
- Spa
- Balcony
- Concrete Porch or Patio
- Exterior Lighting
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- 220 Volts in Garage
- Natural Gas Connected
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Security Deposit $5,500
- Rent includes association dues
- 12-Month Minimum Lease Term
- Available 10/18/25
- Tax Lot 156
- Tax Tract Number 18183
- Assessor Parcel Number 93015830
- Seller Considering Concessions
Community Details
Overview
- Front Yard Maintenance
- 80 Units
- Great Park Neighborhoods Community Association, Phone Number (949) 733-3232
- First Service HOA
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Sport Court
- Community Pool
- Community Spa
Pet Policy
- Call for details about the types of pets allowed
- Pet Deposit $800
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 15, 2022
Sold by
Lennar Homes Of California Inc
Bought by
Gundeti Neeraja and Jatling Krishna Prasad
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,038,743
Outstanding Balance
$967,033
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$717,017
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gundeti Neeraja | $1,385,000 | Linear Title & Closing |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gundeti Neeraja | $1,038,743 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2025 10/12/25 | Rented | $5,300 | 0.0% | -- |
| 10/08/2025 10/08/25 | Price Changed | $5,300 | -3.6% | $2 / Sq Ft |
| 09/10/2025 09/10/25 | For Rent | $5,500 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $22,764 | $1,469,760 | $935,727 | $534,033 |
| 2024 | $22,764 | $1,440,942 | $917,380 | $523,562 |
| 2023 | $22,268 | $1,412,689 | $899,392 | $513,297 |
| 2022 | $16,195 | $843,935 | $445,672 | $398,263 |
Source: Public Records
Agents Affiliated with this Home
-
Martin Mania
-
Beverly Cota
Tenant's Agent in 2025
Beverly Cota
First Team Real Estate
(714) 350-1344
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25214544
APN: 930-158-30
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