Listing cover photo
1 / 1

2147 Watermarke Place, Irvine, CA 92612

$689K1bd · 1ba · 868 sqft
Lot 868 sqft•HOA $641.24/mo•Condominium•
Active
•58d on market•MLS# NP-26180520

Property Description

Enjoy a desirable ground-level location and a peaceful, garden-like setting in this spacious Dorchester Residence at Watermarke. Offering approximately 868 square feet, this larger one-bedroom, one-bath floor plan combines an open, comfortable interior with one of the home's best features—a large private patio surrounded by mature landscaping and greenery. Hard-surface flooring extends throughout the residence, creating a clean and cohesive feel. The open living and dining areas connect easily with the kitchen, which features white cabinetry, granite countertops, stainless steel appliances, a breakfast bar and generous storage. The spacious bedroom includes a walk-in closet, while the bathroom offers a dual-sink vanity and tub/shower combination. What truly distinguishes this residence is its ground-level setting. Step outside to the oversized patio and enjoy convenient access to one of Watermarke's smaller community pools, surrounded by beautifully maintained landscaping. With no need to navigate upper-level corridors or elevators to enjoy the outdoors, the location offers an appealing connection between the home and the community grounds. Watermarke is a resort-style community ideally situated at the edge of Irvine, bordering the City of Newport Beach and adjacent to the San Joaquin Wildlife Sanctuary. Community amenities include multiple swimming pools and a fitness center, all within a beautifully landscaped setting convenient to the restaurants, shopping, employment centers and coastal lifestyle of Irvine and Newport Beach. A wonderful opportunity to enjoy a generously sized one-bedroom residence with the convenience of ground-level living and an unusually inviting outdoor setting. Furnished photos are virtually staged.

Features & Amenities

FeeBuilt 2005

Property Details

Land Type
Fee
Year Built
2005
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air, Electric
View
Courtyard, Pool
Flooring
Laminate, Wood
Roof
Common Roof
City
Irvine
Zip Code
92612
County
Orange
Listed byCondos Etc, Inc, Veronica Hicks

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,483.96
Principal & Interest
Loan Amount
$551,200
Total Interest
$703,025
Total Payment Over 30 Years
$1,254,225
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

Affordable Tier · 5 active · 5 closed

2147 Watermarke Place, Irvine, CA 92612

Irvine · Condominium

$689K
Affordable Tier
Beds
1
Baths
1
Sqft
868
Lot
868 sqft
Year
2005
$/Sqft
$794
Pool: Yes✓
Spa: Yes✓
View: Courtyard, Pool✓
Garage: 2-car✓

Listed 6.8% above the median closed sale of $645,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $689K· $794/sqft
Total list price
Closed comps
vs closed median $645K
+$44K (+6.8%)
Active comps
vs active median $550K
+$139K (+25.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $801
−$7 (−0.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1124 ScholarshipIrvine200511734134,548$744$545,8882186
2108 ScholarshipIrvine200511736177,155$768$565,0005385
3202 WatermarkeIrvine200311746473,967$737$550,00020782
2120 WatermarkeIrvine200311648473,967$849$550,0002682
3338 WatermarkeIrvine200511648473,967$909$589,0009481
Total: 5 · Average1.01.0702.4346,720.8$801.4$559,977.680.2
Median734$550,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2448 ScholarshipIrvine200609/23/202611895177,155$695,000$670,000$7490.967690
2253 MartinIrvine199509/14/20261195241,728$649,000$645,000$6780.996586
3102 Watermarke PlaceIrvine200509/08/202611746473,967$599,000$590,000$7910.985286
1003 Solvay AisleIrvine199509/14/20261180643,166$615,000$605,000$7510.988085
2226 ScholarshipIrvine200509/09/2026221,0380$750,000$750,000$7231.002484
Total: 5 · Average1.21.2887.4184,004$652,000$652,000$738.4—59.4
Median895$645,000$645,000

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.