If you’ve been wondering whether it’s still possible to buy a home in Irvine for under $1.2 million, the short answer is yes — and not just in older buildings or far-out corners of the city.
There are still beautiful, move-in-ready condos and townhomes available in some of Irvine’s most desirable neighborhoods. I recently toured several real examples from the market — including one of my own listings at the Great Park — and the options may surprise you.
I’m Regina Chen, your Irvine neighbor and local real estate advisor. I live here, raise my kids here, and help families make smart, confident moves in this market every week. Below is a snapshot of where buyers are still finding value.
Irvine Neighborhoods with Homes Under $1.2M
Great Park – Cadence / Beacon Park
Great Park continues to be one of the most in-demand areas in all of Orange County. Surprisingly, select condos are still available under $1.2M.
One example is 217 Magnet, located in Cadence:
- 2 bedrooms | 2.5 bathrooms
- Approx. 1,383 sq ft
- Built in 2018
- Listed at $950,000
Buyers love the private enclosed patio, flexible bonus space, and bright open living area. With top-rated schools like Beacon Park K-8 and Portola High, this is a fantastic option for those who want newer construction and walkable parks.
Woodbury
A favorite for families, Woodbury offers resort-style amenities, walkable shopping, and excellent schools.
Homes here can still fall near the $1.2M range, offering:
- Flexible multi-level layouts
- Entry-level bedroom suites (great for guests or in-laws)Open living spaces with high ceilings
If you’re relocating from the Bay Area or Seattle, Woodbury often feels like a natural fit.
Stonegate
Known for clean streets, beautiful landscaping, and a calm family vibe, Stonegate offers strong value with:
- Single-level or low-maintenance living
- High ceilings and abundant natural light
- Access to parks, trails, and sports courts
It’s a great choice for buyers prioritizing lifestyle and schools.
Cypress Village
Cypress Village remains one of the best value plays in Irvine:
- Modern townhome layouts
- First-floor bedroom suites (ideal for guests or multigenerational living)
- Bright, open living spaces
Even when homes sell quickly, this neighborhood is worth watching closely.
Northwood
Northwood delivers a classic Irvine feel with mature trees, quiet streets, and some of the city’s top schools.
Buyers love:
- Gated townhome communities
- Spacious primary suites
- Walking distance to award-winning schools
This area continues to attract families for good reason.
Woodbridge
One of Irvine’s most iconic neighborhoods, Woodbridge is all about lifestyle:
- Lakes, walking paths, and beach-style lagoons
- Tennis, pickleball, and community pools
- Strong long-term value
Renovated townhomes under $1.2M still exist here, offering incredible lifestyle perks.
Westpark
Centrally located near the 405, shopping centers, and major employers, Westpark is a solid option for buyers who want convenience:
- Gated Mediterranean-style communities
- Direct-access garages
- Strong starter-home potential
Quail Hill
If you love nature, trails, and a peaceful hillside feel, Quail Hill stands out:
- Light-filled upper-level homes
- Resort-style amenities
- Close proximity to UC Irvine, Irvine Spectrum, and Laguna Beach
It’s one of the most serene communities in the city.
So… Can You Still Buy in Irvine Under $1.2M?
Yes — and not just anywhere, but in some of the most desirable neighborhoods Irvine has to offer. The key is understanding floor plans, HOA structures, Mello-Roos, and which communities truly fit your lifestyle.
🎥 Want to See These Homes in Real Life?
I walk through these neighborhoods and properties in detail in my full YouTube video, sharing real examples from the current market.
👉 Watch the full video here:
Ready to Make a Smart Move?
If you want help:
- Comparing neighborhoods
- Understanding HOA & Mello-Roos
- Or figuring out what truly fits your family’s needs
Call or text me at 714-866-9166. I’m Regina Chen, your Irvine neighbor and local real estate advisor and I’m here to help you move with clarity and confidence.
