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206 Mistwater, Irvine, CA 92618

$2.32M4bd · 3ba · 2,890 sqft
Lot 4,000 sqft•HOA $190/mo•Single Family Residence•
Active
•72d on market•MLS# WS-26164168

Property Description

Nestled in the highly desirable Olivewood community of Portola Springs, brand-new and just completed and never lived in, this beautifully upgraded two-story residence offers approximately 2,890 square feet of thoughtfully designed living space with 4 bedrooms, 3 bathrooms, and a 2-car attached garage. Ideally positioned with a highly sought-after north-south orientation, this home blends modern elegance with everyday comfort. Step inside to discover soaring 10-foot ceilings on the main level, wide-plank hardwood flooring throughout, and a bright open-concept layout. The spacious living and dining areas flow seamlessly to the backyard through expansive glass doors, creating an inviting indoor-outdoor living experience. At the heart of the home is the chef’s kitchen, featuring floor-to-ceiling light-toned cabinetry, an oversized center island, and a premium appliance package including a Sub-Zero refrigerator, Wolf range and oven, built-in microwave, and a fully equipped secondary wok kitchen. A desirable first-floor bedroom and beautifully upgraded full bathroom provide the perfect space for guests, extended family, or a private home office. All bathrooms feature upgraded contemporary finishes with full-height tile extending to the ceiling. Upstairs offers three additional bedrooms and a spacious loft ideal as a family room, media room, office, or play area. The primary suite features a spa-inspired bathroom with dual vanities, a large walk-in shower with built-in seating, a soaking tub, and an oversized walk-in closet. A spacious upstairs laundry room adds everyday convenience. Additional highlights include a fully paid-off solar system, hardwood flooring throughout, quality craftsmanship, and a spacious two-car attached garage. Located within the award-winning Portola Springs master-planned community, residents enjoy resort-style pools, parks, clubhouses, playgrounds, sports courts, scenic walking trails, and highly acclaimed Irvine Unified schools, with convenient access to shopping, dining, and major transportation routes. This exceptional home offers luxury, functionality, and the best of Irvine living.

Features & Amenities

FeeBuilt 2026

Property Details

Land Type
Fee
Year Built
2026
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
Hills
City
Irvine
Zip Code
92618
County
Orange
Listed byUnknown Office, RHEA BAI

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,731.18
Principal & Interest
Loan Amount
$1,856,000
Total Interest
$2,367,226
Total Payment Over 30 Years
$4,223,226
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

206 Mistwater, Irvine, CA 92618

Irvine · Single Family Residence

$2.32M
Luxury Tier
Beds
4
Baths
3
Sqft
2,890
Lot
4,000 sqft
Year
2026
$/Sqft
$803
Pool: Yes✓
Spa: Yes✓
View: Hills✓
Garage: 2-car✓

Listed 8.9% above the median closed sale of $2,130,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.32M· $803/sqft
Total list price
Closed comps
vs closed median $2.13M
+$190K (+8.9%)
Active comps
vs active median $1.90M
+$421K (+22.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $802
+$1 (+0.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
12 SatinwoodIrvine1966432,4293,648$658$1.60M6689
115 AnthemIrvine2026442,4263,369$915$2.22M16587
29 PembrokeIrvine1999332,4213,474$764$1.85M986
33 Grape ArborIrvine2005432,4193,877$905$2.19M681
125 PoppyseedIrvine2022442,4754,400$767$1.90M2579
Total: 5 · Average3.83.42,4343,753.6$801.8$1.95M54.2
Median2,426$1.90M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
126 AbaloneIrvine202110/07/2026432,7364,264$2.50M$2.50M$9141.004485
61 BloomingtonIrvine201410/07/2026442,8023,746$2.15M$2.13M$7600.997782
78 MelvilleIrvine201410/01/2026442,5233,975$2.35M$2.33M$9230.992781
113 ChestnutIrvine201410/08/2026432,6913,220$2.20M$2.10M$7800.956280
40 WaterspoutIrvine200509/28/2026442,7183,666$1.99M$1.88M$6920.9414880
Total: 5 · Average4.03.62,6943,774.2$2.19M$2.19M$813.8—71.6
Median2,718$2.13M$2.13M

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.