Listed by Melanie Earl, The New Home Company, (949) 382-7800 . Bought with MCN Realty Inc.
118 Oakstone
Irvine, CA 92618
Portola Springs- 4 Beds
- 4.5 Baths
- 3,220 sqft
$2,700,000
Last Sold: Oct 30, 2025
2% below list $2.75M
$839/sqft
Est. Refi. Payment $15,943/mo*
$2,700,000
Last Sold: Oct 30, 2025
2% below list $2.75M
$839/sqft
Est. Refi. Payment $15,943/mo*
4 Beds
4.5 Baths
3,220 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2025
Living Area
3,220 sqft
Price/Sqft
$839/sqft
Parking
2 Car Garage
HOA
$190/Monthly
Description
RECENT PRICE REDUCTION! Move-In Ready Corner Home at Olivewood in Portola Springs! This brand-new residence sits on a desirable corner lot in one of Irvine’s most coveted and elevated neighborhoods, offering abundant natural light and modern luxury throughout.
Plan 3 showcases a spacious, open-concept design featuring a gourmet kitchen with prep kitchen, a versatile downstairs bedroom/office, and an expansive bonus room for flexible living. Panoramic sliding doors create seamless indoor-outdoor flow to the backyard—perfect for entertaining and al fresco dining. Every detail reflects designer-selected finishes and exceptional craftsmanship.
With walking-distance access to Loma Ridge Elementary, scenic trails, and over 15 resort-style parks with pools, playgrounds, and more, Olivewood offers the perfect balance of convenience and lifestyle.
Don’t miss your chance to own this brand-new, move-in ready home in one of Irvine’s most desirable communities.
Plan 3 showcases a spacious, open-concept design featuring a gourmet kitchen with prep kitchen, a versatile downstairs bedroom/office, and an expansive bonus room for flexible living. Panoramic sliding doors create seamless indoor-outdoor flow to the backyard—perfect for entertaining and al fresco dining. Every detail reflects designer-selected finishes and exceptional craftsmanship.
With walking-distance access to Loma Ridge Elementary, scenic trails, and over 15 resort-style parks with pools, playgrounds, and more, Olivewood offers the perfect balance of convenience and lifestyle.
Don’t miss your chance to own this brand-new, move-in ready home in one of Irvine’s most desirable communities.
118 Oakstone, Irvine, CA 92618 is a 4 bedroom, 5 bathroom, 3,220 sqft single-family home in Portola Springs, built in 2025. It last sold for $2,700,000 on Oct 30, 2025 (2% below the $2,749,990 asking price). More recently, it was listed as a rental in November 2025 with an asking price of $7,500 per month. That rental listing was removed on January 6, 2026. It is currently off market. The Trulia Estimate is $2,702,700, with a rent estimate of $7,984/month.
Home Details for 118 Oakstone
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Interior Details Number of Rooms: 11Types of Rooms: Bedroom, Bathroom, Dining Room, Entry Foyer, Great Room, Kitchen, Laundry, Loft, Other, Pantry |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 3220 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water ConnectedAppliances: Dishwasher, Free-Standing Range, Disposal, Microwave, RefrigeratorDishwasherDisposalLaundry: Upper LevelMicrowaveRefrigerator |
Heating & Cooling Has CoolingAir Conditioning: Central Air |
Fireplace & Spa Fireplace: NoneSpa: Association, CommunityNo FireplaceHas a Spa |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1st floor |
View No ViewView: None |
Security Security: Smoke Detector(s) |
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Exterior Home Features Foundation: SlabNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Direct Access,Driveway,Garage Faces Front,Garage |
Pool Pool: Community, Association |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 46 |
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Year Built Year Built: 2025 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Mediterranean |
Building Is a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: Turnkey |
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Price List Price: $2,749,990Price Per Sqft: $839/sqft |
Status Change & Dates Off Market Date: Tue Sep 16 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: IrvineCommunity: Olivewood |
School Information High School District: Irvine Unified |
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Building Details Builder Model: Plan 3ABuilder Name: New Home Co |
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Community Features: Curbs, Park, Storm Drain(s), Street Lights, Sidewalks, PoolNot Senior CommunityUnits in Building: 100 |
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HOA Name: Keystone PacificHOA Phone: 949-833-2600Association for this Listing: California Regional MLSHas an HOAHOA Fee: $190/Monthly |
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Lot Area: 4285 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mobile Home Park Make of Mobile Home: Plan 3A |
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Mls Number: OC25173889Living Area Range Units: Square FeetAttribution Contact: 949-516-1166Common Interest: None |
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HOA Amenities: Clubhouse,Sport Court,Maintenance Grounds,Management,Outdoor Cooking Area,Barbecue,Picnic Area,Playground,Pickleball,Pool,Spa/Hot Tub |
Last check for updates: about 2 hours ago
Listed by Melanie Earl DRE #02047063, (949) 516-1166
The New Home Company
Co-Listing Agent: Justyna Korczynski DRE #01452389
TNHC Realty and Construction
Bought with: Wei Li DRE #02003306, MCN Realty Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC25173889

Price History for 118 Oakstone
| Date | Price | Event | Source |
|---|---|---|---|
| 01/06/2026 | $7,500 | ListingRemoved | Zillow Rentals |
| 11/01/2025 | $7,500 | Listed For Rent | Zillow Rentals |
| 10/30/2025 | $2,700,000 | Sold | CRMLS #OC25173889 |
| 09/21/2025 | $2,749,990 | Pending | CRMLS #OC25173889 |
| 09/07/2025 | $2,749,990 | PriceChange | CRMLS #OC25173889 |
| 09/01/2025 | $2,850,990 | PriceChange | Risewell Homes |
| 08/14/2025 | $2,949,990 | PriceChange | Risewell Homes |
| 08/02/2025 | $2,850,990 | Listed For Sale | CRMLS #OC25173889 |
Market trends in Irvine
Last updated June 2026
Avg. sale price
$1.42M
$14.17KMoM
Sale-to-List Price
98.4%
0.1%MoM
Price per sq ft
$804
$1MoM
Available listings
935
77MoM
Comparable Sales for 118 Oakstone
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Single-Family Home | $3,125,000 | 06/26/26 | 4 | 4.5 | 3,220 | |
0.00 | Single-Family Home | $2,775,000 | 08/08/25 | 4 | 3 | 2,870 | |
0.00 | Single-Family Home | $2,300,000 | 09/22/25 | 4 | 3 | 2,870 | |
0.11 | Single-Family Home | $2,400,000 | 05/01/26 | 4 | 3 | 2,980 | |
0.09 | Single-Family Home | $2,240,000 | 12/12/25 | 4 | 4 | 2,704 | |
0.09 | Single-Family Home | $2,708,888 | 03/16/26 | 4 | 4 | 2,704 | |
0.14 | Single-Family Home | $3,030,000 | 02/20/26 | 4 | 3 | 2,980 | |
0.10 | Single-Family Home | $2,350,000 | 02/24/26 | 4 | 3 | 2,937 | |
0.09 | Single-Family Home | $2,220,000 | 12/15/25 | 4 | 4 | 2,524 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 118 Oakstone.
What Locals Say about Portola Springs
At least 80 Trulia users voted on each feature.
95 % Say it's dog friendly
93 % Say there are sidewalks
90 % Say car is needed
75 % Say streets are well-lit
70 % Say there's wildlife
69 % Say parking is easy
64 % Say it's quiet
64 % Say people would walk alone at night
62 % Say kids play outside
53 % Say there's holiday spirit
50 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
35 % Say yards are well-kept
27 % Say there are community events
25 % Say it's walkable to grocery stores
19 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 118 Oakstone
Off Market Homes Near 118 Oakstone

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-23 06:41:58 PDT 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. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-23 06:41:58 PDT 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. Properties may or may not be listed by the office/agent presenting the information