111 Cruiser
About This Property
Experience the epitome of Irvine luxury in this grand 5-bedroom, 6-bathroom residence (4,676 sqft) situated on an impressive 8,572 sqft lot-significantly larger than average for the area. This home offers the perfect balance of massive interior living space and a vast, upgraded outdoor oasis.
Prime Location & World-Class Education:
• Walk to School: Enjoy the ultimate convenience with just a 5-minute walk to Beacon Park (K-8) school.
• Top-Tier High School: Zoned for Portola High, ranked #1 in Irvine, offering an elite educational foundation.
Grand Living & Outdoor Excellence:
• Architectural Grandeur: Features a soaring high-ceiling foyer, a magnificent spiral staircase, dual dining areas, and a gourmet kitchen with double islands.
• Premium Yard Upgrades: Both front and back yards are adorned with high-quality white marble flooring. The oversized backyard is entertainment-ready with a professional-grade gas line and built-in fire pit.
Vibrant Community & Resort Amenities:
• Steps from Shopping: Walk to the upcoming Canopy shopping center, featuring the highly anticipated T&T Supermarket.
• Sports & Recreation: Live in the heart of a sports lover's paradise, home to an Olympic-sized ice rink, 25 tennis courts, and numerous soccer, basketball, and baseball fields.
• Future Growth: Be part of the excitement as the Great Park continues to evolve with the massive Great Park framework expansion set for 2029.
This is a rare chance to own a signature home on one of the most expansive lots in the Great Park. Don't miss out!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Listed by Harvest Realty Development | $3,590,000 | |
| Listed by Harvest Realty Development | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017