50
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$4,180,000
↓ $100K (2.3%)
●
House -
For Sale
149 Summerland
Irvine, CA 92602
4 Beds
3 Baths
2,909 Ft²
$20,884
Est. Monthly
$359
HOA / Fees
About This Property
City Lights VIEW + Lake VIEW+ Mountain VIEW! Experience
breathtaking panoramic views from this exceptional Irvine Company
home, ideally located in the prestigious 24-hour guard-gated
Reserve at Orchard Hills. This beautifully upgraded residence
features 4 bedrooms (including 1 main level bedroom), 3 bathrooms
(including 1 main level full bathroom), and a spacious loft,
offering the perfect blend of luxury, comfort, and modern
design.The expansive great room flows into the dining area and
opens through dramatic sliding glass doors to a spectacular
backyard designed for a seamless indoor-outdoor living. Enjoy
stunning sunsets and sparkling city lights from your own private
retreat. Recent upgrades include new porcelain tile throughout the
backyard, professionally designed new landscaping, fresh
interior
paint, and a new top- notch quartz waterfall island. Resort-style amenities including pools, spas, parks, playgrounds, walking and biking trails, BBQ areas, and a clubhouse. Conveniently located near award-winning Irvine Unified schools, premier shopping, dining, and major freeways. Walking distance to the highly acclaimed Northwood High School.
paint, and a new top- notch quartz waterfall island. Resort-style amenities including pools, spas, parks, playgrounds, walking and biking trails, BBQ areas, and a clubhouse. Conveniently located near award-winning Irvine Unified schools, premier shopping, dining, and major freeways. Walking distance to the highly acclaimed Northwood High School.
Unit Size
2,909 Ft²
Days on Market
93 days
Land Size
0.10 acres
Price per sqft
$1,437
Property Type
House
Property Taxes
-
HOA Dues
$359
Year Built
2019
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (CRMLS #OC26162155)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$4,180,000
↓ $100K
(2.3%) | |
| Price Decreased | |||
| Jul 24, 2026 | Listed by eXp Realty of Greater Los Angeles, Inc. | $4,280,000 | |
| Listed by eXp Realty of Greater Los Angeles, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Faces Front
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, QuartzCounters, BedroomOnMainLevel, Loft, PrimarySuite, WalkInPantry
Appliances: Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Softener, Tankless Water Heater, Dryer, Washer, SixBurnerStove
Flooring Type: Tile, Wood
Laundry Features: Laundry Room
Fireplace Features: None
Exterior Details
Square Footage: 2909
Square Footage Source: $0
Security Features: Fire Sprinkler System, Gated with Guard, Gated Community, 24 Hour Security
Year Built Source: Public Records
Year Built: 2019
Levels: Two
Window Features: Shutters, CustomCoverings
Patio and Porch Features: Covered, Front Porch
Pool Features: Community, Association
Lot Features: Back Yard, Front Yard, Landscaped, DripIrrigationBubblers
Lot Size Area: 4147
Lot Size Units: Square Feet
Lot Size Acres: 0.0952
Lot Size Square Feet: 4147
Tax Lot: 47
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Dog Park, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub, Security, Trail(s), Trash, FirePit, OutdoorCookingArea, Guard
HOA Fee: $359
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Orchard Hills
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Listed by: Pamela Bullard, eXp Realty of Greater Los Angeles, Inc.
Last Updated: 2 months ago
Data Source: CRMLS, MLS# OC26162155
Last Updated: 2 months ago
Data Source: CRMLS, MLS# OC26162155
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