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324 Magnet, Irvine, CA 92618

$1.50M4bd · 4ba · 2,473 sqft
Lot 168,415 sqft•HOA $240/mo•Single Family Residence•
Active
•18d on market•MLS# PW-26219271

Property Description

Welcome to 324 Magnet, a fully detached home in Irvine’s desirable Parasol Park community within Great Park Neighborhoods, zoned for Irvine Unified School District. Combining modern comfort, thoughtful upgrades, flexible living spaces, and exceptional privacy, this home offers an inviting lifestyle in a sought-after neighborhood. The bright, open interior features recessed lighting, neutral walls, glossy tile flooring, and a well-appointed kitchen with rich dark wood cabinetry, generous counter space, a central island, and under-cabinet lighting. Every bedroom includes a walk-in closet, while the welcoming front courtyard and attached two-car garage add convenience. A standout feature is the third-floor bonus room with an attached half bath and access to an exceptionally private terrace with no direct line of sight from nearby homes. Enjoy a peaceful morning, relax outdoors, or entertain in your own secluded retreat. The versatile bonus room can serve as a home office, media lounge, creative studio, guest space, or potential fourth-bedroom setup, subject to applicable requirements. A terrace water connection offers the opportunity to add a wet bar or enhance your entertaining space. The upgraded California room features premium flooring and a natural-gas connection, ideal for creating an outdoor lounge or grilling area. The enhanced patio and garden feature an underground water-feed system, accent lighting, and two functional fountains, creating an inviting setting for relaxing or entertaining. Situated on a quiet cul-de-sac, this home offers a peaceful setting close to Great Park amenities, parks, recreation, and stadiums. Cadence and Beacon K–8 schools and Portola High School are approximately two miles away. Nearby conveniences include the upcoming Canopy retail and dining destination and a new commercial complex featuring In-N-Out within walking distance. Ridge Valley and Great Park Boulevard provide convenient access to I-5, the 133, and the 241. Discover the best of detached living with a remarkably private terrace, flexible bonus space, upgraded outdoor areas, and access to Irvine’s vibrant Great Park lifestyle—all at 324 Magnet. Designed for comfort and entertaining, this home balances practical features with private spaces to relax, work, and enjoy the Great Park lifestyle every day.

Features & Amenities

FeeBuilt 2018

Property Details

Land Type
Fee
Year Built
2018
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills, Mountain(s)
Flooring
Vinyl, Tile
City
Irvine
Zip Code
92618
County
Orange
Listed byKeller Williams Realty Irvine, Jordan Wang

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,559.53
Principal & Interest
Loan Amount
$1,196,000
Total Interest
$1,525,432
Total Payment Over 30 Years
$2,721,432
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

324 Magnet, Irvine, CA 92618

Irvine · Single Family Residence

$1.50M
Residential Tier
Beds
4
Baths
4
Sqft
2,473
Lot
3.87 ac
Year
2018
$/Sqft
$605
Pool: No✓
View: mountain✓
Garage: 2-car✓

Listed in line with the median closed sale of $1,495,000. Price per sqft ($605) is a 13% discount to closed comps ($699).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.50M· $605/sqft
Total list price
Closed comps
vs closed median $1.50M
$0 (0.0%)
Active comps
vs active median $1.40M
+$95K (+6.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $663
−$58 (−8.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
150 NewallIrvine2015332,013224,769$745$1.50M2276
764 GadwallIrvine2026342,3790$593$1.41M875
756 GadwallIrvine2026442,3570$573$1.35M16675
672 GadwallIrvine2026442,1040$632$1.33M3975
119 NewallIrvine2016331,81061,561$773$1.40M3072
Total: 5 · Average3.43.62,132.6143,165$663.2$1.40M53
Median2,104$1.40M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
217 MantleIrvine201007/28/2026332,3130$1.50M$1.48M$6380.988279
105 CatalystIrvine201701/05/2026332,13192,649$1.48M$1.42M$6660.9611775
153 Great Park BoulevardIrvine202512/08/2025432,3232,800$1.70M$1.72M$7391.016775
157 Great Park BoulevardIrvine202512/30/2025432,3232,800$1.70M$1.65M$7100.976274
111 NewallIrvine201602/09/2026332,01361,561$1.51M$1.50M$7430.993470
Total: 5 · Average3.43.02,220.639,952.5$1.55M$1.55M$699.2—72.4
Median2,313$1.50M$1.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.