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Sold for $1,400,000
  • Listed by: First Team Real Estate • Alexander Yu • Contact: 949-541-5698
    Bought with: CLB Realty & Investment
    $1,400,000

    55 Waterman, Irvine, CA 92602

    4beds
    2,363sqft
    Condominium
    Built in 2002
    -- sqft lot
    $1,400,300 Zestimate®
    $592/sqft
    $5,334 Estimated rent

    Home value

    $1,400,300

    $1.30M - $1.51M

    $5,334/mo

    Zestimate® history
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    What's special

    If you’ve been looking for an end-unit home in Irvine that has a nearly 2,400 square foot plan with less than $480 in Mello Roos annually, this is for you. 55 Waterman is an exceptional four bedroom residence nestled in West Irvine. Thoughtfully designed with a spacious and versatile floor plan, this inviting home seamlessly blends comfort, style, and functionality. The end-unit residence has been tastefully updated throughout with low maintenance flooring in main living areas and plantation shutters. The home is filled with warm, ambient light all year round. Four spacious bedrooms provide exceptional flexibility for family, guests, or a private home office. Recently replaced HVAC system on a smart thermostat just in time for a warm and beautiful Summer. The home offers convenient access to premier shopping, dining, beautiful parks, and top rated schools. The flor plan offers a rare opportunity for a downstairs master suite.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexander Yu DRE #01492674 949-541-5698,

    First Team Real Estate,

    Connor Hunsucker DRE #02224843,

    First Team Real Estate

    Bought with:

    Changho Chon, DRE #01933435

    CLB Realty & Investment

    Source: CRMLS,MLS#: OC26147121MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Kitchen, Laundry, Living Room, Dining Room
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Separate Shower, Tub Shower
    Kitchen
    • Features: Quartz Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood
    • Laundry: Laundry Room
    Features
    • Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, Recessed Lighting, Solid Surface Counters, All Bedrooms Up, All Bedrooms Down
    • Flooring: Carpet, Tile, Vinyl
    • Windows: Double Pane Windows, Plantation Shutters
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 2,363 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener, Garage Faces Rear
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: Community, Association
    • Has spa: Yes
    • Spa features: Association, Community
    • Has view: Yes
    • View description: City Lights, Neighborhood
    Lot
    • Size: 0.53 Acres
    Details
    • Parcel number: 93701237
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Dog Park, Park, Street Lights, Sidewalks, Pool
    • Security: Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
    • Subdivision: Summerplace (Sump)
    HOA
    • Has HOA: Yes
    • Amenities included: Playground, Pool, Spa/Hot Tub, Tennis Court(s)
    • HOA fee: $360 monthly
    • HOA name: Summerplace Community Association
    • HOA phone: 949-367-9430
    • Second HOA fee: $89 monthly
    • Second HOA name: West Irvine Maintenance Association
    • Second HOA phone: 949-367-9430
    Location
    • Region: Irvine

    Financial & listing details

    • Price per square foot: $592/sqft
    • Tax assessed value: $598,334
    • Date on market: 7/8/2026
    • Cumulative days on market: 4 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    8/17/2026Sold$1,400,000+1.8%$592/sqft
    Source: CRMLS #OC26147121 Report a problem
    7/17/2026Pending sale$1,375,000$582/sqft
    Source: CRMLS #OC26147121 Report a problem
    7/8/2026Listed for sale$1,375,000+253%$582/sqft
    Source: CRMLS #OC26147121 Report a problem
    6/15/2001Sold$389,500$165/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $598,334 +2%
    2025$6,796 +4.6%$586,602 +2%
    2024$6,498 +1.9%$575,100 +2%
    2023$6,376 +2%$563,824 +2%
    2022$6,251 -1%$552,769 +2%
    2021$6,313 -4%$541,931 +1%
    2020$6,576 $536,375 +2%
    2019$6,576 +2.2%$525,858 +2%
    2018$6,436 +4.4%$515,548 +2%
    2017$6,166 $505,440 +2%
    2016$6,166 +1.6%$495,530 +1.5%
    2015$6,067 +4.2%$488,087 +2%
    2014$5,821 $478,527 +0.5%
    2013-- $476,365 +2%
    2012-- $467,025 +2%
    2011-- $457,868 +0.8%
    2010-- $454,447 -0.2%
    2009-- $455,527 +2%
    2008-- $446,596 +2%
    2007-- $437,840 +2%
    2006-- $429,255 +2%
    2005-- $420,839 +2%
    2004-- $412,588 +1.9%
    2003-- $405,027 +2%
    2002-- $397,086
    Find assessor info on the county website

    Neighborhood: West Irvine

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Myford
    • Middle: Pioneer
    • High: Beckman

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,400,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,400,300