40/16 Rainbow Ridge

Off Market

40/16 Rainbow Ridge

Irvine CA 92603

1600 sq. ft.

Condo

Last sold for $700,000

Pegi Dirienzo, last sold this property on 27 February 2020 after 34 days on market.

Overview

If privacy and an open floor plan are important to you, then this condo is for you! Available for the first time in 39 years, this coveted upper level Laurel floor plan is situated in the heart of a quaint community of just 44 homes. The moment you walk in, you?ll be greeted by loads of natural light and views of the majestic nearby trees. Offering unusual 9 foot high ceilings in the main living area, this layout offers 2 bedrooms plus a den/office area that can be easily converted into a 3rd bedroom. The kitchen features granite counters, stainless appliances and easy care tile flooring. The main living area is centered by an updated wood burning fireplace and opens into the dining room and den. Enjoy a cup of coffee on the private balcony, tend to your prized potted plants and store all that you need in the adjacent storage closet. The oversized bedrooms include large closets and are ideally separated providing additional privacy. A newer heater and air conditioning system is included along with the washer, dryer, refrigerator and 4 televisions. In addition, you'll be amazing by the oversized 2 car garage with tons of storage. Community amenities offer an on-site jacuzzi as well as nearby pool, additional jacuzzi, tennis courts, half basketball court and tot-lot. Live the Turtle Rock lifestyle and be 10 minutes close to everything. No Mello Roos.

Features

2 bedrooms

2 bathrooms

2 carspaces

1600 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Irvine over the last 12 months, the estimated median property value of 40/16 Rainbow Ridge is $1.17m.

Median value

$1.17m

Estimated value range

$3.6k - $1.57m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Irvine. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40/16 Rainbow Ridge

2026

Rented

Undisclosed

01 Sep 2026 by First Team Real Estate

2025

Rented

Undisclosed

14 Feb 2025 by First Team Real Estate

2020

Sold

$700,000

27 Feb 2020 by Pegi Dirienzo, of Douglas Elliman Of California

Happy sellers in Irvine

We have insufficient information to provide an overview of customer satisfaction for Irvine. Viewing the agent profiles, reviews and sales for Irvine can provide insights for this location.

Local market activity for 2 bedroom condos in Irvine

In the last 12 months, 13 two-bedroom condos similar to 40/16 Rainbow Ridge, have been sold.

This represents a 32% increase in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Irvine for a market analysis.

LiLy Ly

at Realty ONE Group West | Irvine

(29 reviews)

Get a market analysis

JOHN SIMCOE

at Keller Williams Realty Corona

(66 reviews)

Get a market analysis

Lucy Li

at Bestvilla Group Inc.

(1 review)

Get a market analysis

Bruce Kang

(2 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Irvine

LiLy Ly

LiLy Ly is a recommended agent for Irvine. They have 1 local sale and collected 1 local review across the last 12 months.

5 (29 reviews)
1 Review in Irvine
1 Sale in Irvine

View profile

JOHN SIMCOE

Sellers who recommend JOHN SIMCOE have praised them for being local expert, reliable, clear communication, supportive, responsive, honest, and dedicated