37 BLUE SUMMIT
About This Property
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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%.
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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 |
|---|---|---|---|
| Jan 21, 2026 | Sold | ||
| Sold | |||
| Jan 13, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Listed by Realty One Group West | $7,280,000 | |
| Listed by Realty One Group West | |||
| | |||
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Perched at the pinnacle of the prestigious, guard-gated Summit at Turtle Ridge, this fully reimagined estate commands a breathtaking vantage point in Irvine. Encompassing approximately 4,620 sq. ft. on a premium 10,417 sq. ft. lot, the home captures wide-open panoramic views spanning the Newport Coastline and the Pacific beyond—framed by dramatic city lights and unforgettable Catalina sunsets.
A grand two-story foyer with dual staircases and soaring ceilings makes an immediate statement. No expense was spared in the renovation, featuring new flooring, upgraded modern lighting. The thoughtfully designed floor plan offers 5 spacious en-suite bedrooms and 5.5 baths, each bath completely remodeled with designer tile and refined contemporary finishes.
At the heart of the home, the chef’s kitchen blends beauty and performance with custom cabinetry, a walk-in pantry, and top-tier appliances including a Sub-Zero refrigerator, a 6-burner range with griddle, and a dedicated wine refrigerator.
The upstairs primary suite is a true retreat with mesmerizing ocean views and sunset skies, oversized dual walk-in closets, a private sitting area, and a viewing deck. The spa-inspired primary bath completes the experience.
Outside, the entertainer’s backyard features a covered outdoor living room, built-in BBQ center, and a manicured lawn that meets the horizon. A 3-car garage with epoxy flooring and built-in storage completes the estate, along with a Tesla wall-mounted charger and a whole-home Google smart system. Residents enjoy resort-style amenities, pools, fitness center, theater, and nearby hiking trails—convenient to shopping, dining, and coastal destinations. A rare, move-in ready Turtle Ridge opportunity.
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| May 21, 2023 | No longer available | - | |
| No longer available | |||
| May 14, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017