123 Oakstone, Irvine, CA 92618
123 Oakstone, Irvine, CA 92618
Property Description
Experience the allure and functionality of the Plan 1 home at Olivewood, offering breathtaking hillside and expansive west ward city light and ocean views and approximately 2,870 square feet of thoughtfully designed living space. Completed in 2024 with more than $176,000 in upgrades, the spacious two-story design hosts four bedrooms and three baths, including a versatile first-floor bedroom. Finished with on-trend white-oak wide-plank wood flooring, designer carpet, elegant lighting fixtures, high ceilings, upgraded baths, and an owned solar system, the impressive design is open and bright. Only the best high-end appointments are featured, including a wall of sliding glass doors that open the great room to the backyard, where captivating views are showcased both day and night. The open-concept arrangement flows seamlessly to a chef-caliber kitchen with a large island, quartz countertops with a full backsplash, Shaker cabinetry to the ceiling, a walk-in pantry, and a large island with seating. Top-tier stainless steel appliances include a Wolf six-burner range, Wolf microwave, and a built-in SubZero refrigerator. A handsome staircase leads to the second floor, where you will discover spacious secondary bedrooms, an open loft, and a large laundry room with a sink and a walk-in linen closet. Positioned at the back of the home to maximize views, the opulent primary suite hosts an oversized walk-in closet, separate vanities, a soaking tub, and a separate shower. An attached two-car garage enhances the convenience factor. Olivewood is perched at the highest point in Portola Springs. Built by New Home Co., the neighborhood places you within minutes of top-ranked Irvine schools, including Portola High School, Loma Ridge Elementary School, and Sierra Vista Middle School. Miles of scenic trails, pickle ball courts, pools, kids area and more than 15 family-friendly, amenity-rich parks are moments from home, and Newport Beach, Tustin, and South Orange County are within easy reach of Olivewood.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Irvine · Single Family Residence
Listed 5.6% above the median closed sale of $3,550,000. Price per sqft ($1,307) is a 40% premium to closed comps ($932). Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 158 days on market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 65 Bright Star | Irvine | 2026 | 4 | 5 | 3,225 | 4,596 | $1,002 | $3.23M | 6 | 87 |
| 111 Sunnyslope | Irvine | 2024 | 4 | 5 | 3,425 | 5,325 | $1,133 | $3.88M | 23 | 73 |
| 109 Apron | Irvine | 2024 | 5 | 5 | 3,411 | 3,570 | $1,140 | $3.89M | 5 | 71 |
| 58 Sagan Way | Irvine | 2018 | 4 | 5 | 3,564 | 4,834 | $948 | $3.38M | 117 | 71 |
| 66 Chasma | Irvine | 2018 | 4 | 8 | 3,715 | 4,690 | $1,009 | $3.75M | 268 | 64 |
| Total: 5 · Average | 4.2 | 5.6 | 3,468 | 4,603 | $1,046.4 | $3.63M | 83.8 | |||
| Median | 3,425 | $3.75M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 135 Sunnyslope | Irvine | 2022 | 08/28/2026 | 4 | 5 | 3,467 | 6,323 | $3.88M | $3.65M | $1,053 | 0.94 | 69 | 70 |
| 71 Einstein Way | Irvine | 2019 | 12/09/2025 | 4 | 5 | 3,910 | 5,128 | $3.40M | $3.33M | $850 | 0.98 | 186 | 63 |
| 104 Sunnybank | Irvine | 2025 | 06/30/2026 | 4 | 6 | 3,552 | 6,088 | $3.97M | $3.20M | $901 | 0.81 | 339 | 62 |
| 52 Harlow | Irvine | 2018 | 11/24/2025 | 4 | 5 | 3,910 | 6,000 | $3.75M | $3.55M | $908 | 0.95 | 149 | 59 |
| 53 Eider Run | Irvine | 2018 | 10/19/2026 | 5 | 6 | 4,413 | 6,407 | $4.38M | $4.18M | $947 | 0.95 | 48 | 57 |
| Total: 5 · Average | 4.2 | 5.4 | 3,850.4 | 5,989.2 | $3.58M | $3.58M | $931.8 | — | 158.2 | ||||
| Median | 3,910 | $3.55M | $3.55M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.