324 Merit, Irvine, CA 92618
324 Merit, Irvine, CA 92618
Property Description
Elegant Corner Home in Portola High School District – Walk Distance to Top Schools, Enjoy Rooftop Views! Welcome to this exceptional 4-bedroom, 3-bathroom corner unit home located in the heart of Irvine’s Great Park community, built in 2024 by renowned builder Lennar. Boasting approximately 3,000 square feet of thoughtfully designed living space, this turnkey residence is move-in ready with premium hardwood flooring throughout, all appliances included, and designer-selected furniture — simply bring your suitcase and settle in. Education excellence is just steps away — this home is ideally situated within a 2-minute walk to Portola High School and Solis Park Elementary, both top-rated with 10/10 school scores. This rare walk-to-school convenience sets the home apart for families seeking unmatched accessibility to premier education. Enjoy the privacy and charm of a front yard corner lot, and take full advantage of the third-floor rooftop terrace, a perfect space to relax or entertain while soaking in spectacular views of the Irvine Spectrum city lights. Residents enjoy access to a wealth of resort-style amenities, including 7 swimming pools, parks, playgrounds, clubhouses, and trails. Located in one of Irvine’s most sought-after neighborhoods with one of the lowest price-per-square-foot values in the Great Park, this home is a true opportunity not to be missed.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 3 active · 5 closed
Irvine · Townhouse
Listed 5.9% above the median closed sale of $1,650,000. Price per sqft ($583) is a 20% discount to closed comps ($726). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 519 Mulligan | Irvine | 2025 | 4 | 4 | 2,579 | 0 | $578 | $1.49M | 19 | 70 |
| 39 Arrowhead | Irvine | 2009 | 3 | 3 | 2,410 | 0 | $593 | $1.43M | 42 | 65 |
| 327 Novel | Irvine | 2019 | 4 | 4 | 2,446 | 56,363 | $654 | $1.60M | 37 | 51 |
| Total: 3 · Average | 3.7 | 3.7 | 2,478.333 | 56,363 | $608.333 | $1.51M | 32.666666666666664 | |||
| Median | 2,446 | $1.49M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 108 Rockefeller | Irvine | 2013 | 06/29/2026 | 3 | 4 | 2,318 | 0 | $1.70M | $1.67M | $718 | 0.98 | 58 | 83 |
| 137 Terrapin | Irvine | 2017 | 09/28/2026 | 3 | 3 | 2,103 | 0 | $1.30M | $1.27M | $605 | 0.98 | 52 | 63 |
| 27 La Quinta | Irvine | 1985 | 06/23/2026 | 3 | 3 | 2,131 | 0 | $1.91M | $1.91M | $896 | 1.00 | 13 | 57 |
| 120 Zawn | Irvine | 2022 | 07/13/2026 | 3 | 3 | 2,311 | 19,543 | $1.65M | $1.65M | $714 | 1.00 | 37 | 49 |
| 56 Lakefront | Irvine | 1985 | 07/13/2026 | 4 | 3 | 2,233 | 66,344 | $1.59M | $1.56M | $699 | 0.98 | 73 | 48 |
| Total: 5 · Average | 3.2 | 3.2 | 2,219.2 | 42,943.5 | $1.61M | $1.61M | $726.4 | — | 46.6 | ||||
| Median | 2,233 | $1.65M | $1.65M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.