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172 Palisades, Irvine, CA 92618

$1.68M4bd · 4ba · 2,137 sqft
HOA $560/mo•Condominium•
Active
•26d on market•MLS# OC-26204861

Property Description

Welcome to the Elm Collection, a new community located in Great Park, which is close to Great Park Ice and the Great Park Sports. Homesite 48 is a new construction home that is situated in a corner location within the community. The Vinca floorplan features 4 bedrooms, with 3.5 bathrooms, and is 2,137 sq. ft, with a 2-car garage. Upon entering the home, you are welcomed by an expansive foyer and secondary bedroom with a full bath on the first level. On the second level, you will see a chef inspired kitchen complete with generous counterspace, ample cabinetry, and a pantry with an open floor plan. Sliding doors on the second level open to a large, covered balcony. The third level offers a spacious primary suite with a luxurious ensuite bath and walk in closet and dual vanities. There are two additional well sized bedrooms, a full secondary bath, and a dedicated laundry room. Located in a desirable community close to shopping, dining, and the 5 freeway. Homesite 48 is under construction and has an estimated completion Spring 2027. Photos provided are of the Vinca Model at the Elm Collection.

Features & Amenities

FeeBuilt 2026

Property Details

Land Type
Fee
Year Built
2026
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central, ENERGY STAR Qualified Equipment, Heat Pump
Cooling
Central Air, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Zoned
View
None
Flooring
Vinyl, Tile
Roof
Concrete, Flat Tile
City
Irvine
Zip Code
92618
County
Orange
Listed byToll Brothers Real Estate, Inc, Jennifer Robertson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,505.11
Principal & Interest
Loan Amount
$1,345,600
Total Interest
$1,716,239
Total Payment Over 30 Years
$3,061,839
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

172 Palisades, Irvine, CA 92618

Irvine · Condominium

$1.68M
Luxury Tier
Beds
4
Baths
4
Sqft
2,137
Lot
0 sqft
Year
2026
$/Sqft
$787
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 18.9% above the median closed sale of $1,415,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.68M· $787/sqft
Total list price
Closed comps
vs closed median $1.42M
+$267K (+18.9%)
Active comps
vs active median $1.29M
+$394K (+30.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $829
−$42 (−5.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
85 ThornhurstIrvine2013331,6140$898$1.45M3680
139 PantheonIrvine2005331,6140$742$1.20M8678
80 StrawberryIrvine2014341,65818,072$771$1.28M470
102 Painted TrellisIrvine2015341,65818,073$777$1.29M2870
186 Milky WayIrvine2019341,6300$957$1.56M5570
Total: 5 · Average3.03.61,634.818,072.5$829$1.35M41.8
Median1,630$1.29M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
37 PeonyIrvine201010/07/2026331,9008,142$1.35M$1.31M$6890.978386
38 CipressoIrvine201209/28/2026331,8780$1.88M$1.82M$9690.974785
171 JuncoIrvine202410/05/2026432,0730$1.48M$1.42M$6830.963980
153 FixieIrvine201709/28/2026342,1340$1.29M$1.24M$5810.9610080
73 BrixtonIrvine201809/18/2026432,2460$1.95M$1.93M$8590.993778
Total: 5 · Average3.43.22,046.28,142$1.54M$1.54M$756.2—61.2
Median2,073$1.42M$1.42M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.