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186 Milky Way, Irvine, CA 92618

$1.56M3bd · 4ba · 1,630 sqft
HOA $190/mo•Condominium•
Active
•58d on market•MLS# TR-26179497

Property Description

Welcome to this beautifully upgraded detached home in the highly sought-after community, built by California Pacific Homes. Featuring 3 bedrooms, 3.5 bathrooms + a spacious loft, including a convenient main-floor bedroom; all bedrooms are suites. This popular floor plan offers an impressive 20-foot soaring ceiling over the main living and dining areas, creating a bright, open, and dramatic first impression. The home has been thoughtfully upgraded throughout with beautiful wood flooring, upgraded carpeting, designer backsplashes in the kitchen and bathrooms, elegant chandeliers, and abundant windows that fill the space with natural light. The open-concept living and dining areas flow seamlessly to the private backyard—perfect for entertaining or simply relaxing at home. An attached 2-car garage with built-in cabinetry provides plenty of additional storage. The sale includes all furniture, appliances, and decorations. Make this a truly turnkey, move-in-ready home. Just bring your suitcase and move right in! Located in one of Irvine’s most desirable master-planned communities, residents of Portola Springs enjoy 15+ neighborhood parks, resort-style pools, sports courts, scenic trails, and convenient access to shopping, dining, and more. A rare opportunity to own one of Celeste’s most desirable floor plans!

Features & Amenities

FeeBuilt 2019

Property Details

Land Type
Fee
Year Built
2019
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
None
Flooring
Wood
City
Irvine
Zip Code
92618
County
Orange
Listed byReal Broker, Xiaochong Wang

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,888.21
Principal & Interest
Loan Amount
$1,248,000
Total Interest
$1,591,755
Total Payment Over 30 Years
$2,839,755
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

186 Milky Way, Irvine, CA 92618

Irvine · Condominium

$1.56M
Luxury Tier
Beds
3
Baths
4
Sqft
1,630
Lot
0 sqft
Year
2019
$/Sqft
$957
Pool: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed 23.0% above the median closed sale of $1,268,000. Price per sqft ($957) is a 34% premium to closed comps ($712). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.56M· $957/sqft
Total list price
Closed comps
vs closed median $1.27M
+$292K (+23.0%)
Active comps
vs active median $870K
+$690K (+79.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $767
+$190 (+24.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
152 GreenmoorIrvine1984231,176111,221$808$949,9005376
8 FuchsiaIrvine1974231,068211,812$795$849,0008873
2358 ScholarshipIrvine2006221,052177,155$712$749,0005772
110 Coastal GardenIrvine2022221,1848,352$781$925,0001662
138 Nature WalkIrvine2017221,1780$738$869,8808062
Total: 5 · Average2.02.41,131.6127,135$766.8$868,55658.8
Median1,176$869,880

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
107 MessengerIrvine202010/06/2026331,6170$1.29M$1.27M$7840.982381
71 Emerald CloverIrvine201410/01/2026341,8730$1.40M$1.38M$7370.993678
250 CultivateIrvine201709/29/2026231,694121,659$1.05M$1.03M$6100.987376
250 NovelIrvine201909/28/2026231,5270$950,000$938,000$6140.999475
8 DahliaIrvine199910/02/2026331,75092,988$1.43M$1.43M$8171.003275
Total: 5 · Average2.63.21,692.2107,323.5$1.21M$1.21M$712.4—51.6
Median1,694$1.27M$1.27M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.