See Home Value
$2,038,000
● House - Off Market

118 Chestnut Grove

Irvine, CA 92620
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,262 Ft²
$10,388
Est. Monthly
$135
HOA / Fees

About This Property

Morning light moves intentionally across 118 Chestnut Grove, highlighting the thoughtful design and exceptional livability of this beautifully maintained residence. Situated on a desirable corner lot in Irvine's highly sought-after Cypress Village, the home enjoys abundant natural light throughout the day, creating bright and inviting living spaces. The location offers outstanding convenience, with a park just a short stroll away, and Cypress Village Elementary and Jeffrey Trail Middle School within walking distance. The entry introduces a narrative warmth, anchored by travertine stone floors that flows seamlessly underfoot. Crown molding and recessed lighting define the expansive great room, where large windows and tailored window treatments frame the living spaces. Enhanced by additional insulation for improved temperature control and energy efficiency for year-round comfort.  The open-concept floor plan flows effortlessly into the kitchen, where slab granite countertops extend across an oversized island with breakfast bar seating. White cabinetry provides extensive storage plus walk-in pantry. Professional stainless steel appliances and vented hood complete a kitchen designed for everyday functionality and entertaining. Upstairs, brand-new luxury vinyl plank flooring and fresh interior paint create a crisp, move-in-ready feel. The private primary suite is accessed through double entry doors and features volume ceilings, a customized walk-in closet, and a spa-inspired bath with dual vanities, a deep soaking tub, and a frameless glass walk-in shower. Secondary bedrooms are generously sized, while a main-level guest suite adds flexibility for visitors or multi-generational living. The outdoor spaces extend the home's lifestyle appeal with a covered California Room and beautifully designed backyard. A custom-built outdoor island with stainless steel grill creates the perfect setting for entertaining, while artificial turf and accent lighting provide a low-maintenance, inviting environment. Additional highlights include garage cabinetry for organized storage, LOW MELLO-ROOS, and an HOA that has remained unchanged at just $135 per month for the past 12 years. Combining an exceptional location, thoughtful upgrades, abundant natural light, and versatile indoor-outdoor living, An added benefit is the community's favorable location for many homeowners seeking insurance options. Residents enjoy Cypress Village's resort-style parks, pools, and recreation amenities.
Unit Size
2,262 Ft²
Days on Market
42 days
Land Size
0.08 acres
Price per sqft
$923
Property Type
House
Property Taxes
-
HOA Dues
$135
Year Built
2014

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (CRMLS #OC26113916)

Price History

Date / Event Date Event Price
Jul 23, 2026 Sold
Sold
Jul 7, 2026 In contract -
In contract
Jun 23, 2026 Price Decreased $2,088,000
↓ $60K (2.8%)
Price Decreased
Jun 11, 2026 Listed by Keller Williams Realty $2,148,000
Listed by Keller Williams Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 425
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,480
  • Total Building Area: 2,262
  • Building Area: 2,262
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,262
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT NO 17613
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: N TR 17613 BLK LOT 55

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 052433

Geography

  • Subdivision Tract Number: 17613
  • Parcel: 551-572-10
  • Lot: 55
  • Latitude: 33.6874
  • Longitude: -117.759

    Address

  • Full Address: 118 Chestnut Grv
  • Address - House Number: 118
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Grv
  • State: CA
  • City Name: Irvine
  • Carrier Code: C029
  • 4-Digit Zip Code: 2304
  • Zip Code: 92620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,410,676
  • Tax Rate Code Area: 26-339

    Appraisal Valuation

  • Standard Deviation: 0.227
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 68
  • Final Value: 1,730,625
  • High Value: 2,123,514
  • Low Value: 1,337,735

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,079,017
  • Assessed Land Value: $622,702
  • Assessed Improvements Value: $456,315

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 2014
  • Current Sale Recording Date: Nov 19, 2014
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2014000497832

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Irvine Spectrum


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5 Yankee, IRVINE, CA, 92620

$7,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,427 ft²
5 Yankee, IRVINE, CA, 92620 Listing by Michael Douglas
Unit for rent at 74 City Stroll, IRVINE, CA, 92620

$4,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,842 ft²
74 City Stroll, IRVINE, CA, 92620 Listing by Kathie Wang
Unit for rent at 104 Oval, IRVINE, CA, 92604

$4,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,078 ft²
104 Oval, IRVINE, CA, 92604 Listing by Sean Sadri


Frequently Asked Questions

When was property at 118 Chestnut Grove built and last sold?
The property at 118 Chestnut Grove was built in 2014 and last sold on Aug 22, 2014 for $934,500.
How much is this home worth?
The estimated value of the home located at 118 Chestnut Grove is $2,102,970.
What are some comparable homes to 118 Chestnut Grove?
There are currently no comparable homes to 118 Chestnut Grove.

Nearby Counties