Use this as the working fair-value anchor.
The subject is slightly below the core comp median at its current $958,000 ask. That is competitive positioning, while $970,000 is the cleaner estimate for a market-ready home with comparable presentation.
Current listing Comparative market analysis / Irvine, California
A focused value read for a 1,300-square-foot Las Palmas townhome, grounded in the same floor plan and the market's current response.
Working fair-value anchor before an interior inspection and HOA-document review.
The decision
The most defensible evidence is not a broad Irvine average. It is the cluster of nearly identical Las Palmas townhomes that closed between $969,000 and $975,000.
The subject is slightly below the core comp median at its current $958,000 ask. That is competitive positioning, while $970,000 is the cleaner estimate for a market-ready home with comparable presentation.
A full-remodel result near the top of the range is possible, but the $1.05M 28 Almador sale was described as fully refurbished with new AC and should not be treated as an average comp.
The current list is credible if the home is average or lightly updated. If it shows like the upgraded comps, $969,000–$979,000 is the more ambitious launch band.
Visual evidence
Closed sales are weighted more heavily than automated estimates. The active listing is a market check, not a sale, and the ZIP metrics are broad context rather than direct valuation evidence.
Five selected sales
The set stays inside the Las Palmas / Westpark buyer pool and prioritizes the same two-bedroom, two-and-a-half-bath townhome format. The four core comps are the primary indication; the fifth is a condition-adjusted ceiling.
| Property | Closed sale | Format | Size | Sale / sq ft | Broker read |
|---|---|---|---|---|---|
| 120 AgostinoMay 20, 2026 1 | $972,000 | 2 bed / 2.5 bath | 1,300 sq ft | $748 | Same floor plan; granite kitchen, recessed lighting, skylight, and private patio. |
| 144 AgostinoMar. 17, 2026 1 | $969,000 | 2 bed / 2.5 bath | 1,300 sq ft | $745 | Same size and bath count; upgraded, freshly painted, with new skylight and landscaping. |
| 116 AlmadorNov. 5, 2025 1 | $975,000 | 2 bed / 2.5 bath | 1,300 sq ft | $750 | Same floor plan; updated kitchen, baths, windows, skylight, appliances, and flooring. |
| 3 AlmadorNov. 10, 2025 1 | $971,000 | 2 bed / 2.5 bath | 1,307 sq ft | $743 | Same format with 7 additional square feet; marketed as move-in ready with upgrades. |
| 28 Almador*Dec. 17, 2025 1 | $1,050,000 | 2 bed / 2.5 bath | 1,300 sq ft | $808 | Same floor plan, but a superior-condition anchor after a full interior refurbishment and new AC. |
Core comp math. The four direct-fit sales average $971,750 and have a $970,000 median. Their average price per square foot is approximately $747 versus the subject's current $737 ask.
Condition matters. Public listing descriptions consistently use words such as upgraded, updated, move-in ready, or refurbished. The subject's condition should be verified before using the upper half of the range.
Live competition. 10 Agostino is an active 1,300-square-foot, 2.5-bath format at $969,000 and about 71 days on Redfin. It is useful evidence against an overly aggressive launch price.
Why there is no lot adjustment. This is an attached HOA townhome. Public pages report a common association parcel rather than a separately marketable unit lot, so a land-price-per-square-foot model would introduce false precision.
Method and judgment
This analysis uses public listing and sale records as a broker-style estimate. It is designed to support pricing and negotiation decisions, not to replace an appraisal, inspection, title review, or HOA-document review.
Same community, same two-bedroom dual-suite format, and approximately 1,300 square feet.
Use closed-sale price, size, timing, condition language, and current competition as separate signals.
Anchor at $970K, then move toward $945K or $995K based on the unit's actual condition and presentation.
The assessor-allocation method used for land-heavy detached properties is not appropriate here. An attached townhome's reported acreage represents common association land, and assessed splits can reflect tax history rather than the price a buyer will pay for this unit.
Target property
The listing emphasizes cathedral ceilings, fireplace, private backyard, direct-access two-car garage, EV charger, pools, sports courts, parks, and Irvine Unified schools. Those benefits explain why this format can command high-$900s even without a private lot. The value conclusion assumes the advertised features are present and that there are no material HOA, permit, repair, or insurance issues.
Source trail
Prepared from public listing records, public sale histories, and a ZIP-level market snapshot captured around September 17, 2026. Facts should be rechecked against the MLS, county records, and HOA documents before a listing or offer decision.