Experience the allure and functionality of the Plan 1 home at Olivewood, offering breathtaking hillside and expansive west ward city light and ocean views and approximately 2,870 square feet of thoughtfully designed living space. Completed in 2024 with more than $176,000 in upgrades, the spacious two-story design hosts four bedrooms and three baths, including a versatile first-floor bedroom. Finished with on-trend white-oak wide-plank wood flooring, designer carpet, elegant lighting fixtures, high ceilings, upgraded baths, and an owned solar system, the impressive design is open and bright. Only the best high-end appointments are featured, including a wall of sliding glass doors that open the great room to the backyard, where captivating views are showcased both day and night. The open-concept arrangement flows seamlessly to a chef-caliber kitchen with a large island, quartz countertops with a full backsplash, Shaker cabinetry to the ceiling, a walk-in pantry, and a large island with seating. Top-tier stainless steel appliances include a Wolf six-burner range, Wolf microwave, and a built-in SubZero refrigerator. A handsome staircase leads to the second floor, where you will discover spacious secondary bedrooms, an open loft, and a large laundry room with a sink and a walk-in linen closet. Positioned at the back of the home to maximize views, the opulent primary suite hosts an oversized walk-in closet, separate vanities, a soaking tub, and a separate shower. An attached two-car garage enhances the convenience factor. Olivewood is perched at the highest point in Portola Springs. Built by New Home Co., the neighborhood places you within minutes of top-ranked Irvine schools, including Portola High School, Loma Ridge Elementary School, and Sierra Vista Middle School. Miles of scenic trails, pickle ball courts, pools, kids area and more than 15 family-friendly, amenity-rich parks are moments from home, and Newport Beach, Tustin, and South Orange County are within easy reach of Olivewood.
Sold for $3,626,500 on 05/22/24
Listing Provided by:
$3,626,500
123 Oakstone, Irvine, CA 92618
4beds
2,870sqft
Single Family Residence
Built in 2024
3,800 Square Feet Lot
$3,679,000 Zestimate®
$1,264/sqft
$7,257 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 19, 2025 at 05:13pm
Source: CRMLS,MLS#: NP25036324
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Double Oven, Freezer, Gas Cooktop, Gas Oven, Refrigerator, Range Hood, Water Heater
- Laundry: Inside, Laundry Room, Upper Level
Features
- Breakfast Area, Separate/Formal Dining Room, Eat-in Kitchen, Pantry, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Loft, Walk-In Pantry, Walk-In Closet(s)
- Flooring: Carpet, Wood
- Doors: Sliding Doors
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,870 sqft
Property
Parking
- Total spaces: 2
- Parking features: Direct Access, Driveway, Garage Faces Front, Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Exterior features: Lighting
- Pool features: Association
- Has spa: Yes
- Spa features: Association
- Has view: Yes
- View description: City Lights, Mountain(s), Panoramic
Lot
- Size: 3,800 sqft
- Features: Lawn, Landscaped
Details
- Parcel number: 59178154
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Turnkey
- New construction: No
- Year built: 2024
Details
- Builder model: 1
- Builder name: New Home Co
Utilities & green energy
- Electric: Photovoltaics Seller Owned
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy generation: Solar
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Gutter(s), Hiking, Park, Street Lights, Sidewalks
Location
- Region: Irvine
- Subdivision: Olivewood
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $180 monthly
- Amenities included: Clubhouse, Sport Court, Maintenance Grounds, Management, Outdoor Cooking Area, Barbecue, Pickleball, Pool, Spa/Hot Tub
- Association name: Olivewood
- Association phone: 949-833-2600
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Road surface type: Paved
Services availability
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Estimated market value
$3,679,000