
116 Catalyst, Irvine, CA 92618
116 Catalyst, Irvine, CA 92618
Property Description
Welcome to 116 Catalyst, an exceptional Residence 3 Obsidian Model located in the highly sought-after Parasol Park community within Irvine's Great Park Neighborhoods. This detached luxury residence offers approximately 3,085 square feet of living space with 3 bedrooms, 2 full bathrooms, 2 half bathrooms, a private backyard, two balconies, a private elevator serving all three levels, a fully paid solar system, a 2-car garage, and an additional dedicated parking space with an EV Charger. Enjoy the highly desirable Irvine lifestyle with award-winning Irvine Unified schools, resort-style amenities, parks, trails, shopping, dining, and convenient access to major employment centers, freeways, and Orange County beaches.The first floor features an expansive lounge and game room with a custom wet bar, GE Nugget Ice refrigerator, wine storage, powder room, walk-in closet, and sliding glass doors leading to a beautifully landscaped backyard complete with a custom slate and tile waterfall, illuminated pavers, mature landscaping, and irrigation system.The second floor includes two secondary bedrooms, a full bathroom, laundry room, and a spacious primary suite with a private balcony, dual walk-in closets, and a luxurious bath featuring dual vanities, bidet, and a custom wet room shower with dual shower heads and built-in seating. The entire third floor is dedicated to the main living and entertaining areas. The chef's kitchen features white shaker cabinetry, quartz countertops, illuminated display cabinets, breakfast bar, slate tile backsplash, pendant lighting, and premium Wolf and Sub-Zero appliances including a 6-burner range with griddle, double convection ovens, pot filler, wine refrigerator, and built-in refrigerator. The kitchen opens to the dining and living areas, which flow seamlessly through an oversized sliding door to a large balcony, creating the ideal indoor-outdoor living experience.Additional upgrades include Alexa smart home integration, smart switches, Ecobee thermostats, Ruckus WiFi system, hardwired Ethernet throughout, whole-house water filtration and softener systems, security system, hardwood flooring, custom tile, Berber carpet, designer paint, upgraded baseboards, ceiling fans, epoxy garage flooring, workbench, and overhead storage.Residents enjoy access to Parasol Park's exceptional amenities including resort-style pools, lap pools, spas, outdoor kitchens, barbecue areas, playgrounds, sports courts, parks, greenbelts, gathering spaces, and miles of walking and biking trails throughout the Great Park Neighborhoods.A rare opportunity to own a highly upgraded home featuring a private elevator, fully paid solar, luxury finishes, advanced smart home technology, outstanding community amenities, and one of Irvine's most sought-after locations.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Irvine · Single Family Residence
Listed 6.3% below the median closed sale of $2,130,000. Price per sqft ($647) is a 27% discount to closed comps ($889). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 106 Yellow Iris | Irvine | 2021 | 4 | 4 | 2,646 | 3,043 | $744 | $1.97M | 4 | 68 |
| 232 Canterbury | Irvine | 2025 | 4 | 4 | 2,704 | 3,142 | $943 | $2.55M | 247 | 65 |
| 109 Glance | Irvine | 2021 | 3 | 3 | 2,505 | 28,700 | $639 | $1.60M | 32 | 64 |
| 234 Canterbury | Irvine | 2025 | 4 | 4 | 2,524 | 3,170 | $989 | $2.50M | 247 | 63 |
| 60 Edenbrook | Irvine | 1996 | 4 | 3 | 2,633 | 5,293 | $911 | $2.40M | 96 | 58 |
| Total: 5 · Average | 3.8 | 3.6 | 2,602.4 | 8,669.6 | $845.2 | $2.20M | 125.2 | |||
| Median | 2,633 | $2.40M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 113 Chestnut | Irvine | 2014 | 10/08/2026 | 4 | 3 | 2,691 | 3,220 | $2.20M | $2.10M | $780 | 0.95 | 62 | 63 |
| 61 Bloomington | Irvine | 2014 | 10/07/2026 | 4 | 4 | 2,802 | 3,746 | $2.15M | $2.13M | $760 | 0.99 | 77 | 59 |
| 40 Waterspout | Irvine | 2005 | 09/28/2026 | 4 | 4 | 2,718 | 3,666 | $1.99M | $1.88M | $692 | 0.94 | 148 | 58 |
| 67 Crater | Irvine | 2019 | 09/28/2026 | 3 | 4 | 3,466 | 6,179 | $3.07M | $2.92M | $842 | 0.95 | 53 | 58 |
| 525 Luminous | Irvine | 2006 | 09/16/2026 | 4 | 4 | 3,117 | 8,407 | $4.19M | $4.27M | $1,369 | 1.02 | 33 | 57 |
| Total: 5 · Average | 3.8 | 3.8 | 2,958.8 | 5,043.6 | $2.66M | $2.66M | $888.6 | — | 74.6 | ||||
| Median | 2,802 | $2.13M | $2.13M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.