Irvine Real Estate

The condos in the Tiempo tract in the popular Westpark area of Irvine, CA. are located near the intersection of Culver Dr. and Irvine Blvd.  Irvine has grown into what many describe as a “total destination,” a community boasting of state-of-the-art transportation programs and systems, an enterprising business environment, stellar educational institutions, loads of entertainment options, close to great beaches and perfect year round weather. The contemporary condos of Tiempo in Westpark have been very popular with first time home buyers.  Renowned builder William Lyon developed this neighborhood in the late 1980’s and the condominiums have been kept in immaculate condition ever since. The highly sought-after Tiempo tract in Westpark, Irvine consists of 397 units, 937 parking spaces, and a wide variety of floor plans to fit most everyone’s needs. The different models are as follows:

• A- Aurora- 1 bedroom, 1 bath, 692 sqft, 1 carport
• B- Anada- 1 bedroom 1 bath, 830 sqft, 1 carport
• C- Brisas- 2 bedrooms 2 baths, 840 sqft, 1 carport
• D- Cresta- 2 bedrooms 2 baths, 897 sqft, 1 fireplace, 1 car garage
• E- Dorado- 2 bedrooms 2 baths, 1,002 sqft, 1 fireplace, 1 car garage
• F- Estrella- 2 bedrooms 2 baths, 903 sqft, 1 fireplace, 1 car garage
• G- Fiesta- 2 bedrooms 2.5 baths,  1,031 sqft, 1 fireplace, 2 car garage
• H- Granada- 2 bedrooms 2 baths, 1,075 sqft, 1 fireplace, 1 car garage
• I- Hermosa- 3 bedrooms 2 baths, 1,206 sqft, 1 fireplace, 1 car garage

Neighborhood amenities at Tiempo include; a recreation center, association pool, spa, basketball and tennis courts, as well as a bike path at the back of the complex. Home owners’ association dues are about $185 per month at the time of this article (and are subject to change).  There is Mello-Roos tax in this community but the rate is very low compared to other newer communities in the area.  The complex is close to shopping, UCI, employment centers, freeways, parks, bike trails and more.

The condominiums at Tiempo are serviced by the well admired Irvine Unified School District. The grade school classes are conducted by Westpark Elementary. The junior high students are taught at Southlake Middle School and the upper grades are held at Woodbridge High School. Just within minutes you will also find the popular and highly respected colleges of Concordia University, Irvine Valley College, and University of California Irvine (UCI).

The streets that comprise of the Tiempo tract are as follows:  Abrazo Aisle, Alberti Aisle, Alicante Aisle, Costero Aisle, Lombardy Aisle and Marbella.  Prices for the 1 bedroom floor plans currently range in the price from the low $300K’s on up to the mid $300K’s.    Prices for the 2 bedroom models will usually range in price from  the high $300K’s on up to the high $400K’s.  The 3 bedroom plans will range from the low $500K’s up to the mid  $500K’s.  (Prices are subject to change).  If you would like to find out more about the Tiempo condo community, or if you want to see the inside of  Irvine condos for sale, please feel free to call us at:  949-388-3396 or email us at:  Info@SearchOCHomes.com 

The homes of Summerfield in Woodbridge Village, Irvine are located by the intersection of Culver Dr. and Alton Pkwy. Irvine is one of the nation’s largest planned urban communities and encompasses more than 55 square miles. Woodbridge is a very desirable location within Irvine for is is near John Wayne airport and business corridor,  the beautiful South Lake, outstanding schools, pools and has easy access to freeways. The neighborhood of Summerfield includes 258 highly sought after homes located in one of the safest cities in America ! These homes were built in the 1980’s by the builders Standard Pacific. Summerfield comprises of four distinct floor plans as follows:

• Sunrise- 3 bedrooms, 2 baths, 1,435 sqft, 2 car garage
• Meadowlark- 3 bedrooms, 2 baths, 1,619 sqft, 2 car garage
• Wildflower- 4 bedrooms 2.5 baths, 1,801 sqft, 2 car garage
• Wildflower- 4 bedrooms 2.5 baths, 1,801 sqft, 2 car garage

Each home includes a fireplace and 2 car garage. Neighborhood amenities include association pool, spa, tennis courts, barbeque, and club house/recreation facility center.  The association dues are around $67 per month and there is no mello roos!

Homes in Summerfield are price in the range of $759,900 on up to $1 Million.  The streets that comprise of the Summerfield community in Woodbridge Village are as follows: Fairdawn, Halfmoon, Newmeadow, Soaring Hawk, Summerstone, Tidewater, Timbergate, Whistling Isle, and Whitecloud.

The homes of Summerfield of Woodbridge are serviced by the award winning Irvine Unified Public School District.  The grade school classes are conducted at Meadowpark Elementary School and the middle school is serviced by South Lake Middle School.  The upper grade classes are held at Woodbridge High School. Just within minutes you will also find the popular and highly respected colleges of Concordia University, Irvine Valley College, and University of California Irvine (UCI). A perfect community for college students and professors!  

Today, there are 51 – 1 Bedroom Condos currently listed for sale in Irvine, Ca.  These condos range in price from $255,000 for a 475 square foot condo on Streamwood in the Irvine Springs community of Northwood, on up to $729,000 for a 1 bedroom, 1.5 bath, 1,335 square foot high rise condo on Scholarship at The 5000 and 800 Plaza new development.   The median asking price for all 1 bedroom condos in Irvine is $384,990 and the average price is $403,910.   The average price per square foot is $512/SqFt.

For 2 bedroom condos, there are currently 286 condominiums for sale in Irvince.  These range in price from $357,500 for a 2 bedroom, 1 bath, 808 square foot condo on Streamwood in the Irvine Springs subdivision located in Northwood, on up to $2,593,552 for a 2 bedroom, 2.5 bath, 2,680 square foot condominium located in The Plaza 5000 and 8000 community, and boasts of City Lights views.  The median price for these 286 condos is $579,900, and the typical medain priced 2 bedroom condominium in Irvine comprises of 2 baths, a 2 car garage and about 1,350 square feet of living area.

For 3 bedroom units in Irvine, today there are 173 such condos availbe for sale.  The 3 bedroom condominiums range in price from $417,900 for a 3 bedroom, 1.5 bath, 1,220 square foot plan with no garage, on Albany in the ??? tract located in the Walnut area.  On the other end of the price spectrum, the highest price unit is $3,604,914 for a 3 bedoom, 3.5 bath, 4,290 square foot top floor Penthouse condo again located in The 5000 and 8000 Plaza high rise towers, offering dramatic city lights views. The median priced 3 bedroom condo is $665,000 and this typical condo is comprised of 1,678 square feet of living area and 2.5 baths, and a 2 car garage.

In the past 90 days, there have been 32 – 1 bedroom condos that has sold and closed escrow in Irvine.  The lowest priced unit was $249,900 in the Irvine Springs community and the highest priced was a 842 square foot unit at Watermarke.  The median price sold was $350,000 and the average price was $364,192. The average price per square foot was $449/SqFt.

For the past 3 months, there have been 125 – 2 bedroom condominiums that have sold and closed in Irvine.  The prices ranged from a low of $322,000 for a 2 bedroom, 1 bath, 715 square foot condo on Orange Blossom in the Lake Condo tract of Orangetree.  Up to $2,265,000 for a 2 bedroom, 2 bath, 2,062 square foot condo on Michelson Dr. at Marquee Park Place.  This property is on the 17th floor of this high rise building and boasts of stunnning City Lights view.   The median priced 2 bedroom condo sold was $525,000 and the average price was $553,839.  The average price per square foot was $434/SqFt and the typical average condo 2 bedroom sold was about 1,250 square feet in size.

For 3 bedroom condos in Irvine, there were 97 that sold in the past 90 days.  The condominiums ranged in price from a low of $453,000 for a 3 bedroom, 1.5 bath, 1,225 square foot unit onMeadowgrass in hte Villager community in Woodbridge. The highest priced sold was $1,900,000 for a 3 bedroom, 2 bath, 1,984 square foot penthouse on the 18th floor at Marquee Park Place, and this property also offered a panoraminc city lights view.  The median priced condo was $625,000 and the average priced 3 bedroom condo was $658,406.  The average price per square foot was $399 and the average sized condominium was 1,640 square feet with 2.5 baths.

If you would like more information about any Condominium or towhome listed for sale in Irvine, or if you are in need of the professional services of a local and expereinced realtor, please feel free to contact us at:  949-388-3396, or email us at:  Info@SearchOCHomes.com   Click here to view all Condos listed for Sale in Irvine.

Even though Irvine, CA. has some of the lowest crime rates in the USA, gated communities offer an addition layer of security as well as prestige.  There are two types of gated communities:  One is the simply automatic gated community and the other is the human guarded gated subdivision.  All Irvine CA. gated communities will incorporate an association and commensurate association dues, and human guarded gated communities will have higher dues.  Below is the list of all Condominium developments with automatic gates and human gate guarded communities, including the Area, and the year the Condo community was built: 

Below is a list of all detached home subdivisions that are gate guarded, including the area and the year the community was built:

Typically, homes in gate guarded command a higher price compared to homes that aren’t.  Currently there are 120 detached homes listed for sale in Irvine that are in gate guarded communities and the median asking price of these homes is $1,495,000.  Compared to 225 detached homes listed for sale that are not located in a gate guarded community, and the median price of these 225 homes is $834,900. 

For Condos, the price differential is not as drastic.  Currently, there are 109 condos listed for sale that are located in gate guarded communities and the median asking price is $714,900.  As compared to 304 Condos listed for sale that are not located in a gate guarded community and the median price of these 304 condos is $615,000.

If you would like to view any home or condo for sale in Irvine, visit our website at:  Irvine Real Estate.  If you would like to see any home for sale in a gate gaurded community, feel free to call us at 949-388-3396.