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272 Merit, Irvine, CA, 92618

3beds
3baths
2,505sqft
$1,799,900
$719price/sqft
$10,740/moest. monthly cost
$429,600/yrincome needed

About This Home

Welcome to Almeria Residence 3, a beautifully upgraded three-story home in the highly desirable Great Park Neighborhoods. One of its most distinctive features is the rare soaring ceilings, creating an open, airy atmosphere filled with abundant natural light throughout the home. Offering 3 bedrooms, 3 full bathrooms, a versatile bonus room, and a loft, this thoughtfully designed floor plan includes a private bedroom and full bathroom on every level—ideal for multigenerational living, guests, or a home office. The first floor features a welcoming foyer, a spacious bonus room, and a private bedroom with a full bath. The second floor showcases an open-concept living area with a gourmet kitchen, oversized center island, upgraded cabinetry, dining area, great room, and a large private deck. A secondary bedroom, full bath, and laundry room complete this level. The third floor is a private retreat with a loft and luxurious primary suite featuring a walk-in closet, spa-inspired bathroom with dual vanities, soaking tub, separate shower, and a private balcony. Residents enjoy resort-style Great Park amenities, including pools, parks, playgrounds, clubhouses, BBQ areas, sports courts, and scenic walking and biking trails. With extensive upgrades, exceptional natural light, rare high ceilings, and the convenience of a bedroom and full bath on every floor, this is one of the most desirable floor plans in Great Park. Don't miss this rare opportunity!

Getting Around

6
WalkingCar-Dependent
10
TransitMinimal Transit
41
BikeSomewhat Bikeable

Schools

9/10
Solis ParkGrades K-80.4 mi
10/10
Portola HighGrades 9-120.3 mi

Construction

Condition

  • Year built: 2020

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Inside

Bedroom

  • Features: Multi-Level Bedroom

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Bedroom on Main Level,Walk-In Closet(s)
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 2,505 sqft

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 93015170
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Entry location: 1
  • Pool features: Community,Association
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 1.77 Acres
  • Features: Close to Clubhouse

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Wildfire
Heat Wave

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,101$109,212
Home Insurance *$143$1,716
Property Taxes $959$11,508
Electricity $537$6,445
Total$10,740$128,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$368,228/yr
40% on housing$322,200/yr
45% on housing$286,400/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$719This listing

vs Other Active Listings

Avg $/sqft

ZIP 92618$733
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92618$835
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-15Listed for sale$1,799,900
2025-04-04Listed for rent$2,100
2021-01-15Listing removed--
2020-12-11Listed for sale$1,084,990

For Sale by Agent

AgentLucy Liu
BrokerageKeller Williams Realty Irvine

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