The fast-growing community of North Irvine is one of Southern California's favorite family destinations. Located in central Orange County, Irvine is one of the nation's largest planned urban communities and encompasses over 47 square miles with a population of some 224,000 residents. That number is projected to hit 266,000 by 2020. State figures show that the city of Irvine was the seventh fastest growing city in the state in 2012. The city is centrally located and connected by the I-5, I-405, and 55 freeways. John Wayne Airport is also just minutes north of the city. The city features a blend of carefully-planned neighborhoods, open space and parks, retails and commercial areas and excellent schools.
The job market and local economy is strong in North Irvine and Irvine in general as the city is home to some of the largest business centers in the country, including the Irvine Spectrum and Irvine business complex. It is estimated that about 8,000 businesses are located in Irvine, providing 170,000 jobs to residents throughout the county.
The northern portion of Irvine has experienced significant development over the past several years with new housing, retail and business campuses added. There are 11 community parks of 10 acres or more in the city as well as 29 neighborhood parks of various sizes. Irvine also has its own fine arts center, adventure playground, nature center, and a dog park.
The North Irvine real estate market is made up of a mix of townhouses and single-family homes that were built over the past 20 years with more developments popping up. The North section of Irvine has some of the best neighborhoods. Woodbridge, one of Irvine's premier neighborhoods, offers homes near the lakes with sale prices starting in the $500,000s. Villages around the Orange County Great Park in North Irvine include The Villages of Irvine, Cypress Village, Portola Springs, Stonegate, Woodbury and Northwood and many others. Located west of the Spectrum is a lovely neighborhood of El Camino Real. Homes in El Camino Real are more affordable compared with Woodbridge with homes listing just below $500,000. Northwood, another great Irvine neighborhood, offers great views of the Santa Ana Mountains and homes in Northwood often have larger lots than in other areas.
Condos & Townhomes for Sale
Condominiums and townhouses in North Irvine start at around $180,000 and run well over $1 million for large properties with hilltop views of the city lights.
"Mike Shekaramiz : Your Local Expert Realtor in Irvine"
Mike Shekaramiz: Mike is committed to providing exceptional service to all his clients, whether they are looking to purchase their first home or sell their current property for top dollar. He serves as the local market specialist for Orange County, including Irvine, and brings forth over 5 years of real estate experience and over 10 years of civil engineering experience to the table.
Mike specializes in short sales, foreclosures, investment properties, relocations, new construction, and first-time homebuyers. He also has experience remodeling properties. His engineering background serves great purpose in his real estate career as he is highly familiar with the design and layout of homes. As such, he can provide valuable insight as to whether the property you are looking at will be a good fit for you and your needs.
Mike is an expert negotiator whose number one goal is to do everything he can to ensure his clients are happy with the services he provides. Mike has a BS in Civil Engineering and an MS in Construction Management. He is a member of the state, local and National Association of Realtors.
Irvine North Real Estate Stats and Trends for the week of March 2nd, 2015: homes priced around $708,672 compared to $711,448 the previous week, for a slight decrease of less than -1%. For Thursday, March 5th, the current national mortgage rate for a 30 year fixed mortgage is 3.86%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.28%, while the 15 year jumbo rate currently is at 4.08%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Irvine North CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Irvine North to help you find the best home!