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53 Poncho
About This Property
A dramatic two-story foyer creates an impressive entrance, while polished porcelain tile flows throughout the first floor. The open-concept great room brings together generous living and dining areas with a beautifully appointed kitchen, creating a comfortable setting for everyday living and entertaining. Decorative ceiling beams add architectural character, and an inviting fireplace anchors the living area. The kitchen features an oversized center island, complemented by a separate second kitchen with a full suite of appliances for added cooking and preparation space.
Indoor living extends to an approximately 250-square-foot covered California room, excluded from the interior square footage. Beyond, the spacious, thoughtfully landscaped backyard offers a broad, usable layout rarely found in Irvine, with mature specialty fruit trees and ample room for outdoor dining, relaxation, and gatherings.
Upstairs, the expansive primary suite offers a private retreat with a generously sized bedroom and an extensively upgraded, spa-inspired bathroom. Additional bedrooms are spacious and thoughtfully positioned in separate areas of the home for enhanced privacy. A large loft provides flexible space for a media room, home office, or family lounge.
Conveniently situated near two community clubhouses, residents enjoy access to pools, basketball and tennis courts, barbecue areas, and a dog park. Orchard Hills School is accessible on foot or by bicycle. Nearby conveniences include Pavilions, Club Studio Fitness, Montessori preschool options, and The Market Place shopping and dining district. The approximately 495-acre Irvine Regional Park offers trails, picnic areas, and seasonal family activities, completing a setting that balances privacy, recreation, and everyday convenience
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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 |
|---|---|---|---|
| Oct 21, 2026 | Listed by Pinnacle Real Estate Group | $3,500,000 | |
| Listed by Pinnacle Real Estate Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017