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31 Gingerwood, Irvine, CA 92603

$1.49M3bd · 2ba · 1,859 sqft
Lot 21,494 sqft•HOA $435.65/mo•Condominium•
Active
•68d on market•MLS# PW-26172646

Property Description

Discover a unique opportunity in sought-after Turtle Ridge, ideally located along the Irvine–Newport Beach border, offering the best of coastal living and Irvine convenience. This corner Plan 5 residence features city, hillside, and mountain views, added privacy, and the largest floor plan in the tract. Offering approximately 1,859 square feet with 3 bedrooms and 2 full bathrooms, the home has a private ground-level entrance and attached two-car garage. Upstairs, all primary living spaces are arranged on one level, including the living and dining areas, kitchen, all three bedrooms, laundry room, and a built-in office nook. The open living area features a fireplace and opens to a spacious private balcony overlooking greenery, hillsides, and city lights. The kitchen includes granite countertops, a custom tile backsplash, cabinetry, stainless steel appliances, and a large walk-in pantry. The primary suite includes dual vanities, a walk-in shower, soaking tub, and oversized walk-in closet. Mature landscaping and fruit trees surround the private entrance. Residents enjoy Turtle Ridge amenities including a Jr. Olympic swimming pool, spa, BBQ areas, clubhouse, neighborhood parks, and nearby access to the Turtle Ridge Trailhead and scenic trails. Located within the highly regarded Irvine Unified School District, the home is within walking distance of Vista Verde K-8 School and the local farmers market, and just minutes from University High School and UC Irvine. Fashion Island, Corona del Mar, Newport Beach, Newport Coast, South Coast Plaza, John Wayne Airport, shopping, dining, and major freeways are all within easy reach. Currently tenant-occupied, this property offers an excellent opportunity for both investors and future owner-occupants looking to secure a desirable Turtle Ridge home for the years ahead. With its corner location, Plan 5 layout, views, Irvine schools, and proximity to the coast, the property offers strong long-term appeal. The seller is highly motivated and open to reasonable offers.

Features & Amenities

FeeBuilt 2004

Property Details

Land Type
Fee
Year Built
2004
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Canyon, City Lights, Trees/Woods
Flooring
Carpet, Tile
City
Irvine
Zip Code
92603
County
Orange
Listed byUnknown Office, Jiseon Kim

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,534.25
Principal & Interest
Loan Amount
$1,192,000
Total Interest
$1,520,330
Total Payment Over 30 Years
$2,712,330
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

Residential Tier · 5 active · 5 closed

31 Gingerwood, Irvine, CA 92603

Irvine · Condominium

$1.49M
Residential Tier
Beds
3
Baths
2
Sqft
1,859
Lot
21,494 sqft
Year
2004
$/Sqft
$802
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 2-car✓

Listed 27.6% above the median closed sale of $1,168,000. Price per sqft ($802) is a 18% premium to closed comps ($681).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.49M· $802/sqft
Total list price
Closed comps
vs closed median $1.17M
+$322K (+27.6%)
Active comps
vs active median $1.60M
−$109K (−6.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $832
−$30 (−3.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3044 ScholarshipIrvine2008221,4770$718$1.06M24879
3700 RivingtonIrvine2023231,8040$886$1.60M24978
181 OceanoIrvine2018331,92018,879$936$1.80M10476
124 GulfstreamIrvine2016331,75317,411$927$1.63M14275
15 Ericson AisleIrvine1989321,67912,000$691$1.16M14173
Total: 5 · Average2.62.61,726.616,096.667$831.6$1.45M176.8
Median1,753$1.60M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3131 Michelson DriveIrvine200610/01/2026221,4920$935,000$880,000$5900.949583
7 CabazonIrvine200210/01/2026331,90726,929$1.19M$1.17M$6120.983779
71 Emerald CloverIrvine201410/01/2026341,8730$1.40M$1.38M$7370.993675
110 Mighty OakIrvine201510/05/2026321,4580$1.20M$1.14M$7780.955274
37 PeonyIrvine201010/07/2026331,9008,142$1.35M$1.31M$6890.978373
Total: 5 · Average2.82.81,72617,535.5$1.17M$1.17M$681.2—60.6
Median1,873$1.17M$1.17M

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.