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3338 Watermarke, Irvine, CA 92612

$550K1bd · 1ba · 648 sqft
Lot 473,967 sqft•HOA $615.32/mo•Condominium•
Active
•97d on market•MLS# OC-26149186

Property Description

Rare corner-unit opportunity in the highly sought-after gated community of Watermarke. Welcome to Watermarke Place, a beautifully upgraded 1-bedroom, 1-bath condominium featuring an open-concept floor plan, abundant natural light, hardwood flooring, custom window coverings, and a modern kitchen. As a desirable corner unit with only one common wall, this home offers enhanced privacy and a bright, airy living space. The spacious private balcony extends directly from the living area and includes additional storage, creating the perfect place to relax and enjoy Southern California living. The oversized bathroom features a soaking tub and shower combination, while generous storage throughout the home adds comfort and functionality. Residents enjoy Watermarke's resort-style amenities, including three pools with cabanas, a spa, fitness center, tennis courts, basketball court, private movie theater, clubhouse, and beautifully landscaped grounds. Ideally located in the heart of Irvine and bordering Newport Beach, this community is just minutes from UC Irvine, Fashion Island, South Coast Plaza, John Wayne Airport, Irvine Spectrum, The District, and major freeways. Experience the perfect blend of comfort, convenience, and resort-style living in one of Irvine's most desirable communities.

Features & Amenities

FeeBuilt 2005

Property Details

Land Type
Fee
Year Built
2005
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Forced Air
Cooling
Central Air
Flooring
Tile, Wood
City
Irvine
Zip Code
92612
County
Orange
Listed byUnknown Office, Feixu Chen

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,781.10
Principal & Interest
Loan Amount
$440,000
Total Interest
$561,196
Total Payment Over 30 Years
$1,001,196
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

3338 Watermarke, Irvine, CA 92612

Irvine · Condominium

$589K
Affordable Tier
Beds
1
Baths
1
Sqft
648
Lot
10.88 ac
Year
2005
$/Sqft
$909
Pool: Yes✓
Spa: Yes✓
Garage: 1-car✓

Listed 7.5% above the median closed sale of $548,000. Price per sqft ($909) is a 18% premium to closed comps ($768).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $589K· $909/sqft
Total list price
Closed comps
vs closed median $548K
+$41K (+7.5%)
Active comps
vs active median $550K
+$39K (+7.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $801
+$108 (+13.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2120 WatermarkeIrvine200311648473,967$849$550,0002699
3202 WatermarkeIrvine200311746473,967$737$550,00020791
1124 ScholarshipIrvine200511734134,548$744$545,8882190
2108 ScholarshipIrvine200511736177,155$768$565,0005390
2344 NolitaIrvine201811693115,997$909$629,9998087
Total: 5 · Average1.01.0711.4275,126.8$801.4$568,177.477.4
Median734$550,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3102 Watermarke PlaceIrvine200509/08/202611746473,967$599,000$590,000$7910.985294
2238 Watermarke PlaceIrvine200508/25/202611746473,967$548,000$548,000$7351.003594
2219 ScholarshipIrvine200509/14/202611610134,600$529,999$535,000$8771.016993
1130 ScholarshipIrvine200608/31/202611734134,548$545,000$540,000$7360.996990
3241 WatermarkeIrvine200508/12/202611835473,967$595,900$585,000$7010.988889
Total: 5 · Average1.01.0734.2338,209.8$559,600$559,600$768—62.6
Median746$548,000$548,000

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.