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61 Iluna
About This Property
A dramatic high-ceiling entry makes an unforgettable first impression, creating a grand sense of scale and introducing the home's light-filled, elegant interior. The main living area is anchored by a striking 72-inch fireplace-an impressive architectural focal point that brings warmth and refined ambiance to the space.
Designed for both elevated entertaining and effortless everyday living, the versatile floor plan includes generous gathering areas, a dedicated office, and two bonus rooms ideal for a private media lounge, fitness studio, game room, children's retreat, or stylish secondary living space. Five well-appointed bedrooms and 5.5 bathrooms provide exceptional comfort and privacy for residents and guests.
Set behind the gates of an amenity-rich community, residents enjoy access to two clubhouses and two community pools, offering a resort-inspired extension of the home. Ideally located near Irvine's premier shopping, dining, parks, and commuter routes, this residence presents a rare opportunity to experience refined living in one of Orange County's most sought-after cities.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Listed by Christie's Southern California | $4,490,000 | |
| Listed by Christie's Southern California | |||
| Sep 10, 2026 | Price Decreased |
$4,980,000
↓ $320K
(6%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$5,299,999
↓ $200K
(3.6%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Julio Aguilar | $5,500,000 | |
| Listed by Julio Aguilar | |||
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Welcome to this meticulously upgraded luxury estate in the prestigious 24/7 guard-gated community of Altair, within the masterplanned Great Park Neighborhoods of Irvine. This stunning 2018 home offers 5,029 square feet of exquisitely designed living space, featuring 5 spacious bedrooms and 5.5 elegant bathrooms- a masterpiece of modern comfort and style. The entrance opens into a striking great room defined by a two story glass wall and a sleek linear fireplace. A dramatic floating staircase with transparent glass railings adds a contemporary sculptural element. Home is wired with a premium automation system to easily manage entertainment, temperature, lighting and security. Chef's kitchen boast high end cabinetry, counter seating, a luxurious waterfall-edge center island, and tunable ambient lighting. Upstairs, the expansive primary suite features a spa-inspired bathroom with a rainfall shower and a deep soaking tub. A private third-floor guest suite offer seclusion for visitors. Two additional bedrooms have been reimagined as a fitness room and a dedicated boxing studio. Step outside to your backyard oasis, complete with a premium grilling area featuring wolf appliances, designed for the ultimate grilling experience. Located inside the Altair community residents enjoy world-class amenities: resort-style recreation centers, expansive pools and spas, dual tennis courts, private parks, bocce ball courts, and miles of trails for biking or peaceful strolls.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017