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121 Oceano, Irvine, CA 92602

$2.58M3bd · 3ba · 2,205 sqft
Lot 5,848 sqft•HOA $356/mo•Condominium•
Active
•200d on market•MLS# PW-26064487

Property Description

HUGE BACKYARD, which is incredibly rare to find! Welcome to 121 Oceano, an exceptional 3-bedroom, 2.5-bathroom end-unit home built in 2020, nestled in the prestigious guard-gated community of Orchard Hills Reserve. Offering a sprawling 2,205 square feet of thoughtfully designed living space, this property is significantly larger than comparable models, but its true centerpiece is the unparalleled indoor-outdoor connection. Set on a premium lot with no immediate neighbor on one side, the ultra-private backyard is an entertainer's dream. Designed with clean architectural lines and multiple levels of usable space, it features a built-in outdoor kitchen island with a prep sink, a modern fire pit lounge, premium low-maintenance artificial turf, and extensive elegant hardscape. There is even a custom-built modern pet house matching the home's aesthetic! Surrounded by a backdrop of mature greenery, this space feels open, private, and remarkably quiet. The transition indoors is completely seamless. Massive floor-to-ceiling multi-panel sliding glass doors fully retract, inviting you into a brilliantly designed open-concept layout. Filled with natural light, the home features sleek high-gloss tile flooring, while the unobstructed sightline from the entry extends directly to the lush outdoor space, reinforcing the home’s incredible sense of openness. Upstairs, the luxury continues in the primary suite. A massive picture window perfectly frames unbeatable, sweeping views of your private backyard and the surrounding mature trees, bringing in both gorgeous light and a sense of calm. Every detail has been thoughtfully addressed, right down to the fully finished garage featuring pristine epoxy flooring, custom-painted walls, bright LED lighting, and a water treatment system. An inviting exterior facade and elegant paver driveway enhance the home’s impressive curb appeal. Located within the highly sought-after, exclusive gated enclave of Orchard Hills Reserve, residents enjoy ultimate security and peace of mind, along with access to resort-style pools, parks, and top-rated Irvine Unified schools. This home offers a rare combination of space, absolute privacy, and turnkey perfection!

Features & Amenities

Orchard HillsFeeBuilt 2020

Property Details

Subdivision
Orchard Hills
Land Type
Fee
Year Built
2020
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Trees/Woods
Flooring
Tile, Wood
Roof
Spanish Tile
City
Irvine
Zip Code
92602
County
Orange
Listed byLatitude 33 Real Estate, Rui Dai

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$13,045.88
Principal & Interest
Loan Amount
$2,064,000
Total Interest
$2,632,518
Total Payment Over 30 Years
$4,696,518
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Orchard Hills

This property is located in Orchard Hills, a community in Irvine. Explore more listings in this neighborhood to compare options and pricing.

View Orchard Hills Listings

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

121 Oceano, Irvine, CA 92602

Orchard Hills · Irvine · Condominium

$2.58M
Luxury Tier
Beds
3
Baths
3
Sqft
2,205
Lot
5,848 sqft
Year
2020
$/Sqft
$1170
Pool: Yes✓
Spa: Yes✓
View: Trees/Woods✓
Garage: 2-car✓

Listed 37.6% above the median closed sale of $1,875,000. Price per sqft ($1,170) is a 23% premium to closed comps ($951). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.58M· $1,170/sqft
Total list price
Closed comps
vs closed median $1.88M
+$705K (+37.6%)
Active comps
vs active median $2.10M
+$480K (+22.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $975
+$195 (+20.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
166 Villa RidgeIrvine2017432,2270$1,010$2.25M3687
149 WinnettIrvine2022331,9210$1,092$2.10M186
259 RodeoIrvine2016331,8370$899$1.65M7084
117 DonatiIrvine2020432,3822,810$882$2.10M3078
147 StallionIrvine2014432,16218,650$994$2.15M1177
Total: 5 · Average3.63.02,105.810,730$975.4$2.05M29.6
Median2,162$2.10M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
133 DolciIrvine201806/16/2026432,2270$2.10M$2.07M$9300.996796
130 DonatiIrvine201808/31/2026332,1800$1.89M$1.88M$8600.997389
162 WinnettIrvine202208/24/2026331,9217,631$2.19M$2.18M$1,1351.008583
192 Crescent MoonIrvine201606/16/2026331,7727,595$1.61M$1.57M$8860.974881
125 DellaIrvine201808/04/2026331,9203,000$1.79M$1.81M$9431.014179
Total: 5 · Average3.23.02,0046,075.333$1.90M$1.90M$950.8—62.8
Median1,921$1.88M$1.88M

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.