Listing cover photo
1 / 1

347 Novel, Irvine, CA 92618

$1.28M3bd · 4ba · 1,791 sqft
Lot 18,744 sqft•HOA $240/mo•Condominium•
Active
•19d on market•MLS# OC-26223173

Property Description

BEAUTIFULLY UPGRADED, MODEL-HOME-INSPIRED RESIDENCE IN GREAT PARK! Welcome to 347 Novel, an exceptional residence offering 3 bedrooms, 3.5 bathrooms, and approximately 1,791 sqft of thoughtfully designed living space. Showcasing extensive upgrades and a polished, model-home-like aesthetic, this home features THREE PRIVATE ENSUITE BEDROOMS, including a convenient first-floor bedroom with its own ensuite bathroom, ideal for guests, extended family, or a private home office. The second level serves as the heart of the home, featuring an inviting open-concept kitchen, dining, and living area with access to a balcony. Rich warm-brown cabinetry extends to the ceiling, complemented by wood flooring throughout and a spacious kitchen island with bar seating. The living room is highlighted by elegant wood-paneled accent walls with integrated LED lighting, adding warmth, depth, and a sophisticated designer touch. Large windows fill the space with natural light, fresh interior paint.The upper level features two additional ensuite bedrooms positioned at the front and rear of the home, offering a greater sense of openness, natural light, and privacy. Additional highlights include direct access to a two-car garage and a unique layout with shared walls only at the garage level, providing enhanced privacy throughout the second and third floors. Residents are within walking distance of the Novel Park clubhouse, two dog parks, and coffee shop. The community offers a vibrant social lifestyle with clubs and groups for a variety of interests, along with year-round events. Enjoy an impressive collection of RESORT-STYLE AMENITIES, including multiple pools, spa, parks, pickleball, basketball and tennis courts, outdoor kitchens, playgrounds, and clubhouses for private gatherings. The location is equally appealing, with THE CANOPY, Great Park's upcoming retail and dining destination, just minutes away. Families will appreciate access to TOP-RATED IRVINE UNIFIED SCHOOLS, including Beacon Park K-8 and Portola High School.Woodbury Town Center, Irvine Spectrum Center, and Laguna Beach are also within a short drive, offering convenient access to shopping, dining, and coastal recreation.THIS IS THE HOME YOU DESERVE!

Features & Amenities

FeeBuilt 2019

Property Details

Land Type
Fee
Year Built
2019
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
City Lights, Mountain(s)
Flooring
Vinyl
City
Irvine
Zip Code
92618
County
Orange
Listed byRealty One Group West, Jingjing Qiu

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,472.38
Principal & Interest
Loan Amount
$1,024,000
Total Interest
$1,306,056
Total Payment Over 30 Years
$2,330,056
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

347 Novel, Irvine, CA 92618

Irvine · Condominium

$1.28M
Residential Tier
Beds
3
Baths
4
Sqft
1,791
Lot
18,744 sqft
Year
2019
$/Sqft
$715
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 6.7% above the median closed sale of $1,200,000. Price per sqft ($715) is a 10% premium to closed comps ($649).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.28M· $715/sqft
Total list price
Closed comps
vs closed median $1.20M
+$80K (+6.7%)
Active comps
vs active median $1.25M
+$30K (+2.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $656
+$59 (+9.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
100 TenorIrvine2021341,71826,577$681$1.17M1787
129 TerrapinIrvine2017341,9440$668$1.30M1685
251 FollyhatchIrvine2016331,963153,285$637$1.25M7384
180 FollyhatchIrvine2017321,82093,985$673$1.23M3184
142 AllusionIrvine2021442,0430$621$1.27M3683
Total: 5 · Average3.23.41,897.691,282.333$656$1.24M34.6
Median1,944$1.25M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
375 NovelIrvine202005/22/2026341,7910$1.25M$1.20M$6700.965388
270 NovelIrvine201909/03/2026331,84011,983$1.29M$1.27M$6920.992386
199 FollyhatchIrvine201706/15/2026321,8200$1.20M$1.17M$6430.988284
274 NovelIrvine202011/11/2025341,78211,893$1.20M$1.18M$6590.985384
153 FixieIrvine201709/28/2026342,1340$1.29M$1.24M$5810.9610184
Total: 5 · Average3.03.41,873.411,938$1.21M$1.21M$649—62.4
Median1,820$1.20M$1.20M

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.