REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS

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.

CondominiumSold

1 Rainbow Falls, Irvine, CA 92603

  • 3 beds
  • 3 baths
  • 2,359 sq ft
  • Built 1976
$1,525,000

MLS# PW25247759

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

DateEventPriceNote
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.

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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.

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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

AddressClosedPriceSq ftPer sq ftDays 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.

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