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128 Catalyst, Irvine, CA 92618

$1.88M3bd · 4ba · 3,085 sqft
Lot 0 sqft•HOA $240/mo•Condominium•
Active
•75d on market•MLS# OC-26166019

Property Description

SELLER OFFERING BUYER INCENTIVE $30,000 INTEREST RATE BUY DOWN / LOWER MONTHLY PAYMENT. Welcome to 128 Catalyst, a striking three-story residence in the sought-after Parasol Park neighborhood of Irvine's Great Park. This modern Obsidian plan by Lennar offers more than 3,000 square feet of elevated, light-filled living across three thoughtfully designed levels. The first floor welcomes you with a fully equipped home theater, a 120-inch projector, surround sound, and a wet bar, plus a versatile fourth bedroom that flexes easily into a home office or gym. Take your private elevator to the second-floor, where you'll find the primary suite, appointed with a spacious walk-in shower, two walk-in closets, custom wall treatments, dual vanities, and a covered balcony. This floor also offers two additional bedrooms, full bath and laundry room. The third floor is where this home rises above the rest: a penthouse-level great room and a fully renovated kitchen wrapped around an oversized quartz island, with professional-grade Wolf appliances, a Sub-Zero refrigerator, and a wine cooler. Step out to an expansive rooftop deck that captures the very best of California indoor-outdoor living. Beyond the front door, one of Irvine's most amenity-rich communities keeps getting better. The Great Park is in the midst of a roughly $1 billion expansion running through the end of the decade, and The Canopy: a new food, retail, and lifestyle center at Bosque and Great Park Boulevard, is set to open this year- with a grocery anchor, restaurants, and shops, just up the street from the Bosque Trailhead. Add the expanding Great Park Live entertainment venue, future cultural museums, two lakes, and a 10,000-seat amphitheater, and you have a location with remarkable momentum. Moments from parks, trails, and top-rated Irvine schools, 128 Catalyst is a rare opportunity to own in a community on the rise.

Features & Amenities

FeeBuilt 2018

Property Details

Land Type
Fee
Year Built
2018
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
3
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
Flooring
Vinyl, Carpet
Roof
Rolled/Hot Mop, Flat
City
Irvine
Zip Code
92618
County
Orange
Listed byUnknown Office, Cindi Karamzadeh

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,501.25
Principal & Interest
Loan Amount
$1,503,200
Total Interest
$1,917,249
Total Payment Over 30 Years
$3,420,449
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

128 Catalyst, Irvine, CA 92618

Irvine · Condominium

$1.88M
Luxury Tier
Beds
3
Baths
4
Sqft
3,085
Lot
0 sqft
Year
2018
$/Sqft
$609
Pool: Yes✓
Spa: Yes✓
Garage: 2-car✓

Listed 4.6% below the median closed sale of $1,970,000. Price per sqft ($609) is a 26% discount to closed comps ($820). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.88M· $609/sqft
Total list price
Closed comps
vs closed median $1.97M
−$91K (−4.6%)
Active comps
vs active median $2.10M
−$219K (−10.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $826
−$217 (−26.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
162 BoweryIrvine2019342,6965,242$1,029$2.77M4593
141 TribecaIrvine2017242,5320$1,026$2.60M5288
291 LynxIrvine2023432,65644,428$659$1.75M5686
333 BalusterIrvine2022442,76112,259$652$1.80M2276
120 IslaIrvine2026442,7380$766$2.10M3075
Total: 5 · Average3.43.82,676.620,643$826.4$2.20M41
Median2,696$2.10M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
109 PitchIrvine201806/01/2026442,87955,067$1.70M$1.70M$5891.007693
8155 ScholarshipIrvine200507/29/2026343,56595,173$5.00M$4.83M$1,3540.9712090
218 TankIrvine202306/29/2026432,65646,724$1.83M$1.82M$6851.006685
138 Linda VisIrvine201807/30/2026432,5315,591$2.25M$2.11M$8340.944785
195 StellarIrvine201707/09/2026343,085100,126$2.10M$1.97M$6390.947684
Total: 5 · Average3.63.62,943.260,536.2$2.48M$2.48M$820.2—77
Median2,879$1.97M$1.97M

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.