$2,238,888
$10K PRICE DROP

Estimated payment $13,482/month

Total Views 193,617
4 Beds
4 Baths
2,718 Sq Ft
$824 Price per Sq Ft

Highlights

  • Spa
  • Main Floor Bedroom
  • Tennis Courts
  • Jeffrey Trail Middle Rated A
  • Bonus Room
  • Open to Family Room

About This Home

Welcome to 40 Waterspout, the spacious and versatile Irvine home you’ve been searching for! Located in the highly sought-after Woodbury community, this four-bedroom, four-bathroom home offers an ideal layout with over 2,718 square feet of thoughtfully designed living space.

Freshly painted and move-in ready, the first floor features a full bedroom and bathroom, perfect for guests, multi-generational living, or a home office. The heart of the home is the expansive kitchen, complete with a large island, abundant counter space, and an open-concept design that seamlessly flows into the living and dining areas — ideal for gatherings and everyday living.

Upstairs, you'll find the primary suite with a spacious en-suite bathroom, two additional bedrooms, a full hallway bathroom, and a dedicated laundry room for convenience. But the real showstopper is the third-floor bonus room — a massive, versatile space that can be your private media room, playroom, home gym, or office. The possibilities are endless.

Additional highlights include ample storage throughout, a private, low-maintenance backyard, owned solar and access to Woodbury’s renowned amenities: pools, parks, playgrounds, basketball courts, pickleball, and more. This home is also equipped with a chairlift on the staircase as well as a bathroom with easy wheelchair roll in access to the bathroom and shower. Owner will consider removing the chairlift for those that don't need it, but it's a fabulous benefit for those who may need additional help getting up and down stairs.

Located near Irvine Unified schools, shopping, and dining, this is a rare opportunity to own a home that checks all the boxes in one of Irvine’s most desirable neighborhoods.

Listing Agent

Meredith Drews

Keller Williams Realty Brokerage Phone: 949-378-5690 License #01831150 Listed on: 08/01/2025

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,829

Year Built

  • Built in 2005

Lot Details

  • 3,666 Sq Ft Lot
  • Back and Front Yard

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 2,718 Sq Ft Home
  • 3-Story Property
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Open to Family Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Spa
  • Patio

Schools

  • Woodbury Elementary School
  • Jeffery Trail Middle School
  • Portola High School

Additional Features

  • Customized Wheelchair Accessible
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 131
  • Tax Tract Number 16577
  • Assessor Parcel Number 55121304
  • $3,955 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Woodbury Association, Phone Number (949) 833-2600
  • Keystone HOA
  • Portisol Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,829

Year Built

Built in 2005

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Portisol (WDPT)
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 55121304
  • Year Built: 2005
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2718.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Accessibility Features: Customized Wheelchair Accessible
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 823.73
  • Room Type: Bonus Room, Living Room, Main Floor Bedroom
  • Spa Features: Community
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, 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, Picnic Area, Playground, Tennis Court(s)
  • Association Fee: 210.00
  • Association Fee Frequency: Monthly
  • Association Name: Woodbury
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Curbs, Suburban
  • Association Management: Keystone

Schools

  • Elementary School: Woodbury
  • High School: Portola
  • Middle Or Junior School: Jeffery Trail
  • Elementary School #2: WOODBU
  • High School2: PORTO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 3666.00
  • Lot Size Acres: 0.0842

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3666.0000 Square Feet
  • Number Of Units In Community: 177
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.31
  • Tax Lot: 131
  • Tax Tract Number: 16577
  • TaxOtherAnnualAssessmentAmount: 3955.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $16,829 $1,303,988 $811,075 $492,913
2024 $16,829 $1,278,420 $795,171 $483,249
2023 $16,484 $1,253,353 $779,579 $473,774
2022 $16,194 $1,228,778 $764,293 $464,485
2021 $15,918 $1,204,685 $749,307 $455,378
2020 $15,718 $1,192,333 $741,624 $450,709
2019 $16,082 $1,168,954 $727,082 $441,872
2018 $15,817 $1,146,034 $712,826 $433,208
2017 $15,586 $1,123,563 $698,849 $424,714
2016 $15,519 $1,101,533 $685,146 $416,387
2015 $14,504 $1,004,913 $637,002 $367,911
2014 $14,501 $1,004,913 $637,002 $367,911
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Price Changed $2,238,888 -0.4% $824 / Sq Ft
08/01/2025 08/01/25 For Sale $2,248,888 -- $827 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $954,500 Fidelity National Title Buil
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $763,400 Negative Amortization
Source: Public Records

About the Listing Agent

Meredith Drews

Keller Williams Realty

(949) 889-2693

Section Image

Growing up in Southern California, Meredith has always felt lucky to enjoy the warm weather, great opportunity and all that this area has to offer. After graduating college at the University of California, San Diego, she moved to Orange County and began a career in Advertising. It was a career choice that led to her meeting her husband, Jason. The two have been married twenty years now and have three sons. Meredith is on several local volunteer boards with ANHS PTSA, DJAMS MTSA, Aliso Viejo

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25166185

California Regional Multiple Listing Service (CRMLS)

APN: 551-213-04