14 days on rocket

111 Merit, Irvine, CA, 92618

$2,154,990

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
3,326 SqFt
$648/SqFt
Condo

Location

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111 Merit, Irvine$2,154,990

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage, Garage Door Opener, Garage Faces Rear
Attached Garage2 spaces
Year BuiltNew Const., 2025
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #OC24243475
Lot Size0.09 Acres
StatusActive

About 111 Merit

Welcome to Lyra Residence 2, the most popular home in this luxury collection of homes offered by Lennar! This 2 Story home with a gorgeous, open and spacious living area. This area opens up to the outside with beautiful multi-sliders on 2 sides to expand your living area and perfect for entertaining. The gourmet kitchen includes high end appliances including a built in refrigerator and a very large pantry fitted with very clever shelving for storage of all your kitchen gadgets. There is a large ensuite bedroom on the first level in addition to the powder bath. The owner's suite has an over-sized walk-in closet and comes equipped with a dressing table. Two more bedrooms upstairs with walk-in closets and linen cabinets provides for plenty of storage. The laundry room is huge and has a sink too! The details are what makes a Lennar home great as well as the simplicity of our purchasing process saving you time and money. Our buyers choose from a 25 year Solar Lease or a Purchase. Financing is offered by Lennar Mortgage and an $8000 closing cost credit is available. The location of this home is awesome ~ right across from the 13 acre Luna Park which will be complete soon! Start living the Great Park Life!

Property Details

Property Features

Property Information:

  • Year Built: 2025
  • Stories: 2
  • Living Area: 3,326 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (949) 370-0819
  • Listing Agent: Cesi Pagano

Interior Features

Interior Information:

  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Disposal, Microwave, Refrigerator, Tankless Water Heater
  • Interior: Built-in Features, Separate/Formal Dining Room, Recessed Lighting, Storage, Unfurnished, Bedroom on Main Level, Loft, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage, Garage Door Opener, Garage Faces Rear

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Irvine Blvd Go South on Merit passed treble to Loon. See the Lyra models since Selene are not open yet

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,154,990
  • Price Per SqFt: $648/SqFt

HOA Fees:

  • Amount: $260
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Irvine, CA.

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Irvine, CA

City

Med. Sold Price

$1.5M

Med. Price/SqFt

$833

Avg. Days On Market

36

# of Sold Homes

155

111 Merit vs Irvine

14 DAYS ON ROCKET

-22 Days

$2,154,990

+$559.5K More

$648/SqFt

-$185 Less

KEY TAKEAWAY

This property is $559.5K more than the Median Sold Price and $185/SqFt less than other homes in Irvine, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24243475

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (949) 370-0819
  • Listing Agent: Cesi Pagano

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,527

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4486267
9
/10

  • Portola Springs Elementary

  • 12100 Portola Springs Pkwy

  • 1.85 miles

  • Public District Grades KG-6

school-card-donut-4486268
8
/10

  • Loma Ridge Elementary

  • 500 Tomato Spgs

  • 2.18 miles

  • Public District Grades KG-6

school-card-donut-4486269
6
/10

  • Rancho Canada Elementary School

  • 21801 Winding Way

  • 2.25 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,208. The majority of Irvine, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 111 Merit

What is the listing price of this property?

The listing price of 111 Merit property is $2,154,990.

What type of property is this?

The property 111 Merit is a condo located in Irvine, California, 92618.

Is this property for sale now?

Active Listing: 111 Merit is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 111 Merit has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 111 Merit is 3,326 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 111 Merit is 2025.

Rocket Homes›California›Orange County›Irvine›92618›111 Merit

This home is located at 111 Merit in Irvine, CA and zip code 92618 in the Orange County Great Park neighborhood. This 3,326 square foot home, which was built in 2025, sits on a 0.09 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $2,154,990.

In November 2024 more than 53 listings in Irvine, CA were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 77 were sold below. In November 2024 in Irvine, CA there were 8.3% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,595,478, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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