The Park Lane community is one of the smaller gated communities in Irvine for homes that were mainly built between 2001 to 2002. The value of these homes is very much high in demand as many of these homes are typically only on the market for several weeks. One of the most popular floor plan is the 3 bedroom model that features 1,516 square feet of living space that features an office that has the potential of being converted into a 4th bedroom. There are a lot of benefits of living here too which includes a community pool, spa, tennis and basketball courts. The location is also near a large greenbelt area as well as being within some of the award winning Irvine schools. What I really like to find here for my clients are detached single family homes that are often priced below $900,000.
Real Estate prices over the past 3 years has been very consistent with many homes selling in the $700,000 to $800,000 range. We have provided a chart from our multiple listing service which shows many of the last sales that have occurred in this community. Homeowners association are typically very low with some active listings showing the dues at $180,00 a month. It's important to note that there often is a Mello Roos fee associated with these homes so please contact your local real estate agent on the exact fee on this. One of the biggest selling points is being close to both the 5 and 405 freeway off Jamboree. If you are familiar with Irvine then you know that Jamboree is one of the biggest through streets that goes between the 5 to the 405 freeway. In between these two freeways are many local shopping and restaurants. Just beyond the 405 freeway is the Orange County airport which means it very convenient for travel. To see any of these homes please call any of our local Irvine real estate agents at 949-988-0605.
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