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$1,525,000

  • Sold
  • Closed
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,359 Sq. Ft.
  • 2 Car Garage
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Calling all investors, flippers, and visionaries-this is the opportunity you've been waiting for! Priced well below market value, 1 Rainbow Falls in Irvine offers incredible potential for anyone ready to bring their imagination and a little TLC. This end-unit, multi-level home features 3 bedrooms plus a den/office, a direct-access 2-car garage, and a large front yard overlooking the park. Inside, you'll find Corian countertops, European-style cabinetry, white appliances, and plantation shutters throughout. The bright, airy layout includes an eat-in kitchen and a downstairs home office with peaceful park views. Located in a quiet and private area with easy access to shopping, dining, and trails, this property is also zoned for University High School-one of California's and the nation's top-rated schools. Whether you're looking to renovate and flip or create your dream home, this is your chance to own in one of Irvine's most desirable neighborhoods at an unbeatable price. Hurry-opportunities like this don't last long!

Full Property Details for 1 Rainbow Falls

General

  • Sold For: $1,525,000
  • HOA FEE: $637/month
  • Status: Closed
  • Type: Condo
  • Source: MRMLS
  • MLS ID: PW25247759
  • Added to Site: 81 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Up, Entry, Family Room, Formal Entry, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet
  • Interior Features: 2 Staircases, Balcony, Cathedral Ceiling(s), High Ceilings, Living Room Balcony, Open Floorplan
  • Fireplace: Yes
  • Fireplace(s): Family Room
  • Eating Areas: Breakfast Nook, Dining Room
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Water Heater
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Individual Room, Inside

Additional Information

  • Shared Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Playground, Maintenance Grounds, Call for Rules, Management
  • Pool: Yes
  • Pool Description: Private, Association
  • Spa Description: Private, Association

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage (Direct Access), Garage, Garage Faces Front

Location

  • County: Orange
  • Subdivision: Glen Garden Homes (GH)
  • Driving Directions: Corner of Sycamore Creek and Rainbow Falls

School Information

  • School District: Irvine Unified

Community

  • Community Features: Curbs, Sidewalks, Street Lights
  • Assoc. Name: Optimum

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Condominium
  • Foundation: Slab
  • Roof: Composition
  • Common Walls: 1 Common Wall, End Unit
  • Windows: Plantation Shutters
  • Entry Location: 1
  • Stories/Levels: Multi/Split
  • Stories Description: Multi/Split
  • Square Feet: 2,359
  • Sq. Ft. Source: Assessor
  • Year Built: 1976
  • Year Built Source: Public Records
  • Property Condition: Fixer

Lot Features

  • Property View: Hills, Mountain(s), Neighborhood
  • Lot Size (Acres): 0.8424
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $646.46
  • Association Fee: $637
  • Assoc Fee Freq.: Monthly
  • Other Fee: $120
  • Other Fee Type: Association Fee 2
  • Other Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Standard

Listed and Sold by Real Broker, Chris Kwon and Real Brokerage Technologies, Yoonsik Lim

Listing agents

— 1 Rainbow Falls —

  • Chris Kwon

    Real Broker

  • Yoonsik Lim

    Real Brokerage Technologies

949-427-1101

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1 Rainbow Falls

School District:Irvine Unified School District
NameGradesDistance
Turtle Rock Elementary School
5151 Amalfi Drive, Irvine, CA 92603
K-60.2 mi
Rancho San Joaquin Middle School
4861 Michelson Drive, Irvine, CA 92612
7-81.1 mi
University High School
4771 Campus Drive, Irvine, CA 92612
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1 Rainbow Falls

Date
Details
Price
Change
Source
11/10/2025
Sold
$1,525,000
3.39%
MLS
10/30/2025
Listed
$1,475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Real Broker, Chris Kwon and Real Brokerage Technologies, Yoonsik Lim

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1 Rainbow Falls, Irvine, CA 92603 (MLS# PW25247759) is a Condo property that was sold at $1,525,000 on November 10, 2025. Want to learn more about 1 Rainbow Falls? Do you have questions about finding other Condo real estate for sale in Irvine? You can browse all Irvine real estate or contact a Coldwell Banker agent to request more information.