6
Map
$2,940,000
●
House -
For Sale
404 Milpas
Irvine, CA 92602
4 Beds
4 Baths,
1
Half Bath
3,084 Ft²
$15,411
Est. Monthly
$975
HOA / Fees
About This Property
Choose from four beautiful floor plans that range from ~2,826 to
~3,259 square feet with 4-5 bedrooms, 4.5-5.5 baths, 2-car garages,
and driveways. These new single-family homes embrace open-concept
living, with chef's kitchens that flow into spacious great rooms,
bedrooms with ample privacy, primary bedrooms with stunning
en-suite bathrooms, and much more. Optional upgrades include
conservatory rooms, lofts/bonus rooms, and offices and primary
bedroom retreats in some floor plans. Summit at Orchard Hills
Village is ideally located near I-5 and the 241 Toll Road in Orange
County, just ~45 miles from Los Angeles and ~85 miles from San
Diego. Homebuyers get to enjoy Irvine's great offerings, such as
~57,000 acres of preserved open space, shopping and dining, ~250
community parks, a network of trails, and a year-round calendar of
community events
Unit Size
3,084 Ft²
Days on Market
38 days
Land Size
0.09 acres
Price per sqft
$953
Property Type
House
Property Taxes
-
HOA Dues
$975
Year Built
-
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 #OC26202212)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | Listed by Keller Williams Realty | $2,940,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Direct Access, Garage, Garage Door Opener, Paved
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: High Ceilings, Storage, Walk-In Closet(s), BreakfastArea, TwoStoryCeilings, Unfurnished, BedroomOnMainLevel
Appliances: Dishwasher, Exhaust Fan, Disposal, Range Hood
Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room, Upper Level
Fireplace Features: None
Exterior Details
Square Footage: 3084
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Year Built Source: Assessor
Year Built: 2026
Builder Name: Shea Homes
Builder Model: Plan 3A
Levels: Two
Window Features: Screens
Construction Materials: Stucco
Patio and Porch Features: Covered, Front Porch, Patio
Pool Features: Community, Association
Lot Features: Back Yard, Cul-De-Sac
Lot Size Area: 3979
Lot Size Units: Square Feet
Lot Size Acres: 0.0913
Lot Size Square Feet: 3979
Tax Lot: 17
Water Source: Public
Utilities Details
Cooling Type: Central Air, Heat Pump, Whole House Fan, Zoned
Heating Type: Central, Heat Pump, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Playground, Pool, Spa/Hot Tub
HOA Fee: $975
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Orchard Hills
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Listed by: Cesi Pagano, Keller Williams Realty
Last Updated: 2 months ago
Data Source: CRMLS, MLS# OC26202212
Last Updated: 2 months ago
Data Source: CRMLS, MLS# OC26202212
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