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5200 Irvine Blvd 502, Irvine, CA 92620

List Price: $620,000On Market FlagOn market
May 2, 20251,862 sqft2 beds2 baths
Listed by: Julia Gotico
License #: 02148150
Phone #: 949-291-3570
DAVID VANCE, BROKER
Source:
CRMLS Logo
MLS #: CV25097569

Property Description

Price Improvement! Welcome to The Groves, Irvine’s premier active senior community! This beautifully updated 2-bedroom, 2-bath home is perfectly situated on a premium lot at the rear of the neighborhood, offering peace, privacy, and minimal traffic. Step inside to discover a fully renovated interior, featuring new luxury vinyl plank flooring throughout and a stunning, designer kitchen complete with white cabinetry, quartz countertops, a large center island with seating, stainless steel appliances, and contemporary lighting fixtures with open floor concept. The upgrades continue in the spacious primary suite where you’ll find dual porcelain sinks, motion-sensor lit mirrors, and modern finishes. Outside, enjoy a welcoming front patio — perfect for relaxing and greeting neighbors — along with a backyard shed providing extra storage space. The Groves is a resident-owned community — no space rent — and your purchase includes a Membership Certificate in the Corporation that owns the land. Amenities are truly exceptional, featuring a year-round heated pool and spa, fitness center, tennis and basketball courts, lawn bowling, banquet facilities, hair salon, RV storage, community gardens, a 7-acre park with covered pavilions and BBQ areas, a 9-hole putting green, woodshop, ceramics studio, and more. On-site management and a full-time activities coordinator ensure a vibrant and engaging community life. Located in Irvine — consistently ranked as one of America’s safest cities — The Groves offers low HOA fees and discounted Cox internet and TV service to all residents. Move right in and start enjoying a beautiful lifestyle today! The sellers are highly motivated.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$6,285

TurboHome Estimated Value

$519,500

$279 sqft

High Valuation
$545,475
$293/sqft
Normal Valuation
$519,500
$279/sqft
Low Valuation
$493,525
$265/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$279/sqft$519,500

Neighborhood: Northwood

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Comparative Value

$470K

$545K

$584K

$620K

$700K

$710K

5200 Irvine Blvd 32, Irvine, CA 92620

Sale Price: $470,000

Selected Comparable

5200 Irvine Blvd 317, Irvine, CA 92620

Sale Price: $545,000

Selected Comparable

5200 Irvine Blvd 126, Irvine, CA 92620

Sale Price: $584,250

Selected Comparable

5200 Irvine Blvd 502, Irvine, CA 92620

List Price: $620,000

Subject Property

5200 Irvine Blvd 313, Irvine, CA 92620

Sale Price: $700,000

Selected Comparable

5200 Irvine Blvd 219, Irvine, CA 92620

Sale Price: $710,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5200 Irvine Blvd 502, Irvine, CA 92620

5200 Irvine Blvd 502, Irvine, CA 92620

List: $620,000

Listed: 5/2/2025

Area:1,862 sqft
Price/sqft:$333
Beds:2
Baths:2
Year Built:
Lot Size:93,220

Comparable Properties

COMPARABLE
Choose comps
5200 Irvine Blvd 32, Irvine, CA 92620

5200 Irvine Blvd 32, Irvine, CA 92620

Sale: $470,000

6/5/20250.00 mi

Area:1,936 sqft
Price/sqft:$243
Beds:2
Baths:2
Year Built:
Weight:21.0%
5200 Irvine Blvd 219, Irvine, CA 92620

5200 Irvine Blvd 219, Irvine, CA 92620

Sale: $710,000

3/10/20250.00 mi

Area:1,770 sqft
Price/sqft:$401
Beds:2
Baths:2
Year Built:
Weight:20.2%
5200 Irvine Blvd 317, Irvine, CA 92620

5200 Irvine Blvd 317, Irvine, CA 92620

Sale: $545,000

12/9/20240.00 mi

Area:1,856 sqft
Price/sqft:$294
Beds:2
Baths:2
Year Built:
Weight:20.1%
5200 Irvine Blvd 126, Irvine, CA 92620

5200 Irvine Blvd 126, Irvine, CA 92620

Sale: $584,250

11/27/20240.00 mi

Area:1,790 sqft
Price/sqft:$326
Beds:2
Baths:2
Year Built:
Weight:19.6%
5200 Irvine Blvd 313, Irvine, CA 92620

5200 Irvine Blvd 313, Irvine, CA 92620

Sale: $700,000

12/27/20240.00 mi

Area:1,996 sqft
Price/sqft:$351
Beds:2
Baths:2
Year Built:
Weight:19.2%

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