16 Rainbow Ridge, Unit 40

Closed 2/27/20
Closed 2/27/20
Gallery Image 1
Sold
Last Sold Price
$700,000
2 beds1,600 sqft$438/sqft
16 Rainbow Ridge, Unit 40, Irvine, CA 92603
CondoProperty Type
1979Year Built
$438/sq ftPrice per sq ft
$425/moHOA Fees
2 carsParking Spaces

Description

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....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.
  • Listed by: Pegi Dirienzo DRE #01219774 Brokerage DRE #01947727 • Douglas Elliman of California
Listing closed: 02/27/2020 12:00 AM • Source: CRMLS, MLS#: OC20015754

Recent comparable sales

Median sold price

$1,165,000

Avg days on market

50

Sale-to-list ratio

96.1%

Irvine, CA

9 comparable properties found

1

$555,000

Sold 11/27/24

2
Bedrooms
2
Bathrooms
1,523
Square Feet
Unavailable
Acres

12 Highland View, Unit 38, Irvine, CA 92603

2

$538,000

Sold 08/11/26

2
Bedrooms
2.5
Bathrooms
1,412
Square Feet
Unavailable
Acres

3 Morning Song, Unit 14, Irvine, CA 92603

a living room with furniture and a fireplace
3

$1,240,000

Sold 03/03/26

2
Bedrooms
1,523
Square Feet
Unavailable
Acres

14 Rainbow Ridge, Irvine, CA 92603

4

$1,240,000

Sold 02/20/26

2
Bedrooms
2
Bathrooms
1,523
Square Feet
Unavailable
Acres

14 Rainbow Ridge, Unit 39, Irvine, CA 92603

5

$1,270,000

Sold 06/06/25

2
Bedrooms
2
Bathrooms
1,523
Square Feet
Unavailable
Acres

6 Highland View, Unit 4, Irvine, CA 92603

6

$1,165,000

Sold 04/16/26

2
Bedrooms
2
Bathrooms
1,523
Square Feet
Unavailable
Acres

14 Highland View, Unit 40, Irvine, CA 92603

7

$1,608,000

Sold 06/25/25

2
Bedrooms
2
Bathrooms
1,523
Square Feet
Unavailable
Acres

55 Highland View, Unit 31, Irvine, CA 92603

8

$945,000

Sold 10/03/25

2
Bedrooms
2
Bathrooms
1,532
Square Feet
Unavailable
Acres

374 Quail Ridge, Irvine, CA 92603

a front view of a house with a garden
9

$950,000

Sold 05/19/26

2
Bedrooms
1,432
Square Feet
Unavailable
Acres

362 Quail Ridge, Irvine, CA 92603

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Location

Listing Courtesy of Douglas Elliman of California, Pegi Dirienzo, DRE #01219774

Sold By First Team Real Estate, Adrienne Oranges, DRE #00668394

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30 year fixed, 6.71% Interest

Principal and Interest

$3,617

Property Taxes

$685

HOA Dues

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Property Information for 16 Rainbow Ridge, Unit 40

Property Details
  • Condo/Co-op Fees: $95 / month
  • MLS Type: Residential / Condominium
  • County: Orange County
  • Architectural Style: Traditional
  • View: Trees/Woods
  • Parking Spaces Total: 2
  • Private Pool: No
  • Cooling Type: Central Air
  • Total Units: 44.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 1600
  • Assessor Parcel Number: 930-164-40
  • Property Attached YN: true
  • Common Walls: 2+ Common Walls, End Unit
  • New Construction: No
  • Stories Total: 1
  • Fireplace: Yes
  • Pool: No
  • Spa: Yes
  • View: Yes
  • View: Yes
  • Association: Yes
  • Association Fee: $425.00
  • Association Fee Frequency: Monthly
  • Association Fee 2: $95.00
  • Association Fee 2 Frequency: Monthly
  • Subdivision Name: Highlands Townhomes (HA)
  • Subdivision Name Other: Highlands Townhomes (HA)
  • Senior Community: No
  • Parcel Number: 93016440
  • Area: Turtle Rock (TR)
  • Elementary School: Bonita Canyon
  • Middle Or Junior School: Rancho San Joaquin
  • High School: University
  • High School District: Irvine Unified
  • Directions: Turtle Rock Dr to Willowleaf to Rainbow Ridge
Building Information
  • Building/Complex: Sunset Ridge
  • Stories: 1
  • Year Built: 1979
Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Tract Number: 10497
  • Tax Census Tract: 626.30
  • Tax Lot: 1
Community / Development
Community / Development
  • Association Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court
  • Assessments YN: No
  • Assessments: None
  • Community Features: Street Lights
  • Number Of Units In Community: 44
  • Complex Name: Sunset Ridge
  • Association Name: Sunset Ridge
  • Association Phone: 714-220-5920
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Dishwasher, Gas Range, Microwave, Refrigerator
  • Equipment: Dishwasher, Dryer, In Closet, Inside, Microwave, Refrigerator, Washer
  • Interior Features: Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry
  • Room Type: Den, Living Room
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Room Bathroom Features: Shower, Shower in Tub, Double Sinks In Master Bath, Linen Closet/Storage, Walk-in shower
  • Room Kitchen Features: Granite Counters
  • Eating Area: Area, Dining Room
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Fireplace Features: Living Room, Gas, Wood Burning
  • Fireplace Rooms: Gas, Living Room, Wood Burning
  • Cooling: Central Air
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Flooring Type: Carpet, Tile
  • Flooring: Carpet, Tile
Exterior Features
  • Door Features: Mirror Closet Door(s)
  • Exterior Features: Rain Gutters
  • Structure Type: House
  • View Description: Trees/Woods
  • Patio: Yes
  • Patio And Porch Features: Deck, Front Porch
  • Pool Features: Association
  • Pool Description: Association Pool
  • Spa Features: Association
  • Tennis: Yes
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Cul-De-Sac
  • Lease Considered: No
  • Number Of Units: 44
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Sewer Paid
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Built-In Storage, Driveway
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Built-In Storage, Driveway
Property / Structure Info
  • Builder Name: Akins
  • Builder Model: Upper Laurel
  • Builders Model Name: Upper Laurel
  • Builders Tract Name: Highlands Townhomes (HA)
  • Builders Tract Code: Highlands Townhomes (HA)

Property History for 16 Rainbow Ridge, Unit 40

DateEvent & SourcePriceAppreciation
Feb 27, 2020

Sold

CRMLS #OC20015754

$700,000—
Feb 27, 2020

Sold

CLAW #OC20015754MR

$700,000—
Jan 30, 2020

Pending

CRMLS #OC20015754

—
DateEvent & SourcePrice
02/27/2020

Sold

CRMLS #OC20015754

$700,000
02/27/2020

Sold

CLAW #OC20015754MR

$700,000
01/30/2020

Pending

CRMLS #OC20015754

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Rainbow Ridge, Unit 40

Taxable ValueLand$626,857Additions$147,310Total$774,167
Tax Record2025$8,225 ($685 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,523 SqFtAbove Grade Finished SqFt1,523 SqFtStories1StyleCondominiumYear Built1979Year Renovated1979CountyORANGEAPN930-164-40

Schools near 16 Rainbow Ridge, Unit 40

This home is within Irvine Unified School District.
Rating
School
Type
Grades
Distance
Bonita Canyon Elementary School
Public - K to 6
Rancho San Joaquin Middle School
Public - 7 to 8
University High School
Public - 9 to 12
Creekside High School
Public - 9 to 12
Rating
School
Distance
Bonita Canyon Elementary School
PublicK to 6

Rancho San Joaquin Middle School
Public7 to 8

University High School
Public9 to 12

Creekside High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16 Rainbow Ridge, Unit 40, Irvine, CA 92603
$700,000
2
1,600
–
14 Rainbow Ridge, Irvine, CA 92603
$1,240,000
2
1,523
–
14 Rainbow Ridge, Unit 39, Irvine, CA 92603
$1,240,000
2
2
1,523
–
10 Rainbow Ridge, Unit 37, Irvine, CA 92603
$395,000
2
2
1,365
–
1 Rainbow Ridge, Unit 1, Irvine, CA 92603
–
2
2
1,365
–
45 Rainbow Ridge, Unit 45, Irvine, CA 92603
$640,000
2
1,365
–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman of California, Pegi Dirienzo, DRE #01219774

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.