
Sold
1 Rainbow Falls sold on November 10, 2025 for $1,525,000, 3.4% above the $1,475,000 asking price on its first day on the market. The buyer paid cash. The details are below for reference.

1 Rainbow Falls, Irvine, CA 92603
- 3 beds
- 3 baths
- 2,359 sq ft
- Built 1976
This home has a newer listing: MLS OC26037996 (Sold).
The home
About 1 Rainbow Falls
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!
Property details for 1 Rainbow Falls
This 3-bedroom, 3-bath condo sits in the Glen Garden Homes neighborhood of Irvine in Orange County. It offers 2,359 square feet of living space. The home was built in 1976. The MLS record lists the assessor parcel number as 934-750-54. Highlights include hill and mountain views, a private pool and spa, a fireplace, an attached two-car garage, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $1,525,000
- Days On Site
- N/A
- Bedrooms
- 3
- Inside Area (SqFt)
- 2,359 sqft
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Lot Size
- N/A
- Year Built
- 1976
- MLS® Number
- PW25247759
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $757 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Condominium
- MLS Number
- PW25247759
- Year Built
- 1976
- Living Area (sq ft)
- 2,359
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 36,693
- Lot Size (acres)
- 0.8424
- Levels
- Multi Split
- Bedrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Hills, Mountains, Neighborhood
- Private Pool
- Yes
- HOA Dues
- $637
- HOA Frequency
- Monthly
- HOA Name
- Garden Homes
- Parcel Number
- 93475054
- On Market Date
- 2025-10-30
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony, Breakfast Area, Cathedral Ceilings, Separate Formal Dining Room, High Ceilings, Multiple Staircases, Open Floorplan, All Bedrooms Up, Primary Suite, Walk In Closets
- Appliances
- Dishwasher, Gas Oven, Gas Range, Microwave, Water Heater
- Flooring
- Carpet, Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Family Room
- Laundry
- Inside, Laundry Room
- Entry Level
- 1
- Common Walls
- One Common Wall, End Unit
- Windows
- Plantation Shutters
Exterior Features
- Roof
- Composition
- Foundation
- Slab
- Lot Features
- Zero To One Unit Acre
- Parking
- Direct Access, Garage Faces Front, Garage
- Pool Features
- Private, Association
- Spa
- Association, Private
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Fixer
- Units
- 1
Community Features
- Subdivision
- Glen Garden Homes (GH)
- Community Features
- Curbs, Street Lights, Sidewalks
- Association Amenities
- Call For Rules, Maintenance Grounds, Management, Outdoor Cooking Area, Picnic Area, Playground, Pool, Spa Hot Tub
- Security
- Carbon Monoxide Detectors, Smoke Detectors
- Second HOA Dues
- $120
- Second HOA Name
- TR Glen Homes
The record
Property History for 1 Rainbow Falls
| Date | Event | Price | Note |
|---|---|---|---|
| Mar 20, 2026 | Sold | $2,123,123 | Coldwell Banker Realty |
| Nov 10, 2025 | Sold | $1,525,000 | |
| Oct 30, 2025 | Listed for sale | $1,475,000 |
Next steps
Looking for something similar
1 Rainbow Falls is no longer on the market, but comparable homes come up in Irvine regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 1 Rainbow Falls
Thinking of selling nearby? We bring current Glen Garden Homes sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
The neighborhood
About Irvine
Master-planned on the former Irvine Ranch and incorporated in 1971, Irvine arranges villages such as Turtle Rock and University Park around the University of California, Irvine. The city is anchored by the Orange County Great Park, on the former Marine Corps Air Station El Toro, and most of it is served by the Irvine Unified School District.
Irvine home sales, past 12 months
- Homes sold
- 1,027
- Median price
- $1,260,000
- Median days on market
- 30
- Median per sq ft
- $745
Recorded MLS closings of condos, Sep 26, 2025 to Sep 26, 2026. Days on market run from listing to going under contract.
Recent Irvine sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 143 Coastal Gdn | Sep 25, 2026 | $965,000 | 1,067 | $904 | 27 |
| 31 Roycroft | Sep 24, 2026 | $1,480,000 | 1,656 | $894 | 1 |
| 166 Follyhatch | Sep 24, 2026 | $1,400,000 | 2,228 | $628 | 6 |
| 768 Sonia | Sep 24, 2026 | $1,189,990 | 2,013 | $591 | 0 |
| 64 Eagle 34 | Sep 23, 2026 | $575,000 | 928 | $620 | 34 |
Schools
School District for 1 Rainbow Falls
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the Irvine Unified.
Living in Irvine covers its schools, parks and beaches.
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Listed by Chris Kwon of Real Broker
Listing information updated Nov 11, 2025 at 3:00 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.