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Great Park Irvine — Neighborhood Guide & Market Trends homes in Irvine, California
Neighborhood Guide · Irvine

Great Park Irvine — Neighborhood Guide & Market Trends.

Great Park is Irvine's newest master-planned community, featuring seven distinct neighborhoods, thousands of acres of parks and open space, and a wide selection of newer homes. Whether you're searching for Great Park homes for sale, planning a move to Irvine, exploring leasing options, or preparing to sell, this guide covers everything you need to know.

Great Park Irvine — Neighborhood Guide & Market Trends

Welcome to Great Park

Great Park is not a single neighborhood — it's a collection of master-planned sub-communities built across the 4,600-acre former MCAS El Toro military base in eastern Irvine. The transformation of that base into one of California's most ambitious residential and civic developments has been underway for over a decade, and today the community is home to more than 13,000 residents across seven named sub-neighborhoods, each with its own builder, school, park, and price profile.

The anchor of the entire development is Orange County Great Park itself — a 1,300-acre public park campus with sports fields, an air museum, an arts complex, the iconic orange hot air balloon, and event venues. Residents of the surrounding neighborhoods have immediate access to the park, which functions more like a civic amenity than a standard HOA feature.

Housing across Great Park spans from attached condominiums and townhomes in the $1.1M–$1.5M range to fully detached single-family homes in the $1.8M–$3.5M range, with new construction from builders including Tri Pointe Homes, Lennar, Toll Brothers, and Irvine Pacific continuing to deliver product as of 2026. Many buyers are drawn here for the combination of modern architecture, top-rated IUSD schools, and community programming that includes organized youth sports, community gardens, and seasonal events.

Great Park Irvine — Neighborhood Guide & Market Trends At A Glance

Quick facts for buyers comparing Irvine & Tustin communities. Verify school assignments and taxes per address.

2013 – present
Homes Built
Condos to luxury detached
Home Styles
HOA + highest Mello-Roos tier
HOA / Mello-Roos
IUSD · new campuses*
Schools
133 / 5 via Sand Cyn
Commute
The Great Park itself
Parks & Trails
Mid-to-luxury
Price Range
Newest homes + amenities
Best For
Great Park Irvine — Neighborhood Guide & Market Trends

Great Park Sub-Neighborhoods at a Glance

Pavilion Park (2013–2016)

First Great Park sub-neighborhood to deliver. Mix of detached SFRs and attached townhomes from multiple builders. Most established resale community in Great Park with largest pool of comparable sales data. $1.6M–$2.4M.

Novel Park (2015–2018)

Mix of attached townhomes and smaller detached homes. Entry-level to mid-range pricing for Great Park. Novel Park has a dog park and tot lot; good value for buyers newer to the area. $1.3M–$1.8M.

Beacon Park (2015–2018)

Built around Beacon Park K-8 School — many homes are literally across the street. The on-site school is one of the primary reasons this sub-neighborhood commands a persistent premium. Strong mix of attached and detached product. $1.7M–$2.6M.

Parasol Park (2016–2019)

Detached SFRs with California Room designs, community greenhouses, and gardens. More suburban feel than Cadence or Solis. Walkable to Parasol Park amenities. Good freeway access. $1.8M–$2.6M.

Cadence Park (2017–2020)

Adjacent to Cadence Park K-8 School with an art walk and outdoor amphitheater. Mix of attached and detached product across multiple price points. Active community events. $1.4M–$2.2M.

Luna Park (2019–2022)

A quieter pocket within Great Park with a mix of attached and detached homes. Newer builds with modern floor plans and upgraded standard inclusions. Less discussed than Beacon or Solis but solid value. $1.5M–$2.2M.

Rise Park (2020–2023)

Newest detached SFR sub-neighborhood at time of delivery. Contemporary architecture, large floor plans, proximity to future Canopy at Great Park Plaza retail (T&T Supermarket, dining — opening late 2026). $2.0M–$3.5M+.

Solis Park (2020–2024)

Most recently completed sub-neighborhood. Built around Solis Park K-8 School — one of IUSD's newest and most sought-after campuses. Modern STEM-forward school and premium homes by Tri Pointe, Lennar, and other top builders. Highest average price per sq ft in Great Park. $1.8M–$3.2M.

Master-planned living with newer homes, major amenities, and a growing community feel.
Newer HomesAmenitiesMello-Roos
Great Park Irvine — Neighborhood Guide & Market Trends

Get to know more about Great Park

Quick Overview Of What Makes It Notable:

~ 13,000

Total Population

32 years

Median Age

$145,731

Average Household Income

3

Average Household Size

~ 4,279

Total Households

Great Park Irvine — Neighborhood Guide & Market Trends

Great Park Market Snapshot — Q2 2026

Great Park is one of Orange County's most active new construction markets. Here's where things stand right now.

$1.79M

Median Sale Price

~$748

Price Per Sq Ft

~60 days (as of late 2025)

Avg Days on Market

26

Homes Sold (Last 30 Days)

Flat to slight decline — balanced market

Year-Over-Year Price Change

Buyer-friendly window in new construction

Market Condition

Great Park's market is nuanced by sub-neighborhood. Solis Park and Beacon Park tend to lead on price-per-square-foot given proximity to top-rated elementary schools and walkable park access. New construction from builders like Tri Pointe, Lennar, and Toll Brothers continues to add inventory, which has moderated resale competition — creating a rare window for buyers who prefer existing homes with upgrades already in place. For sellers, proper positioning and timing remain critical in a market with more choices than it had two years ago.

Great Park Irvine — Neighborhood Guide & Market Trends

Thinking About Selling Your Great Park Home?

Great Park is a market where timing and sub-neighborhood matter enormously. With new construction continuously adding inventory, resale sellers need to position their homes on the right side of the value equation — not competing against a builder model, but offering what a builder can't: immediate move-in, existing landscaping, installed solar, and upgraded finishes already in place.

What we focus on when selling in Great Park:

Sub-neighborhood positioning. Cadence Park, Solis Park, Beacon Park, and Rise each appeal to different buyer profiles. Your pricing strategy should reflect the specific demand in your tract — not the neighborhood average.

Builder competition analysis. We track active new construction releases and price-per-square-foot for every active builder in Great Park so your listing isn't undercut by a new model home down the street.

School assignment clarity. Many buyers relocating to Great Park lead with school assignments. Knowing your home's assigned elementary — and being able to speak to it confidently — closes more deals.

We've sold homes across every major sub-neighborhood in Great Park. If you're considering a sale, we'll show you exactly where your home stands and what buyers are actually paying today.

Great Park Irvine — Neighborhood Guide & Market Trends

Leasing a Home in Portola Springs

Portola Springs is one of Irvine's most sought-after communities for tenants as well as buyers — and for good reason. Access to award-winning IUSD schools (including Portola High), 19 parks, and a quieter foothills setting make it a consistent draw for relocating families, professionals, and those testing the market before purchasing.

Rental Market at a Glance

Typical SFR Rental Range

$4,500 – $9,000/month (varies by size, sub-neighborhood, and builder)

Typical Condo/Townhome Range

$3,200 – $5,200/month

Most Common Lease Term

12 months

Common Tenant Profile

Corporate relocation, IUSD families, professionals commuting to Irvine business corridor

For Tenants

Great Park offers a wide range of rental options across its sub-neighborhoods — from attached townhomes in Novel Park and Cadence Park to detached single-family homes in Beacon Park and Solis Park. We help tenants navigate the rental landscape, identify the right sub-neighborhood for their school and lifestyle needs, and move efficiently through the leasing process.

For Landlords

If you own a Great Park property and are considering leasing it, we provide full-service landlord representation — from setting the right rental price based on current market data, to tenant screening, lease execution, and move-in coordination. We do not use a TC for lease transactions; Chris and Ann handle these directly.

Great Park Irvine — Neighborhood Guide & Market Trends

Schools in Great Park

Great Park Irvine — Neighborhood Guide & Market Trends

Parks in Great Park

Great Park Irvine — Neighborhood Guide & Market Trends

Getting Around Great Park

Like most master-planned Irvine communities, Great Park is designed for convenient regional travel by car, but within the neighborhood, residents enjoy a highly walkable and bike-friendly lifestyle. Many families walk or bike to schools, parks, pools, and nearby amenities for everyday activities, while using their cars primarily for commuting and destinations outside the community.

Top-Rated Schools

Cadence Park School, Beacon Park School, and Solis Park School are within about a 5-minute walk for many residents, making daily drop-offs and after-school activities convenient for families.

Parks & Pools

Each of Great Park's seven villages features its own neighborhood park with resort-style pools, playgrounds, sports courts, and gathering spaces, with most homes just a 3–5 minute walk away.

Orange County Great Park

Residents enjoy easy access to the Orange County Great Park, featuring championship sports fields, playgrounds, walking trails, the iconic Great Park Balloon, arts and cultural venues, and year-round community events, all within a short bike ride or drive.

John Wayne Airport

John Wayne Airport is approximately 15 minutes away, offering convenient access for business travel and weekend getaways.

Freeway Access

Interstate 5 (I-5), Interstate 405 (I-405), and the 241 Toll Road are all within about 10 minutes, making commuting throughout Orange County simple.

Great Park Plaza

Opening in late 2026, Canopy at Great Park Plaza will bring T&T Supermarket, new restaurants, cafés, and retail within walking distance for many homes in Rise Park and Solis Park, adding even more everyday convenience to the community.

Finish

We know selling a home can be more emotional than buying one, and we’ll leverage our experience and market know-how to ease you through the process. But first we’ll uncover your motivations for selling, establish a timeline and a marketing plan, and see how your home compares with others on the market. We have a track record of proven success, and you can rely on us to be your champion and best source for solutions.

Great Park Irvine — Neighborhood Guide & Market Trends

FUN FACTS ABOUT GREAT PARK, IRVINE

Marine Corps Air Station El Toro used to operate here from 1943 to 1999 before the land was transformed into a massive public park.

Orange County Great Park is planned to span about 1,300 acres — nearly twice the size of Central Park.

The famous Great Park Balloon rises around 400 feet into the sky and offers panoramic views across Orange County.

Location

Where is Great Park Irvine — Neighborhood Guide & Market Trends?

Great Park Irvine — Neighborhood Guide & Market Trends sits in the Great Park Area area. Compare it with neighboring communities, or open the map to explore streets, parks, and commute routes.

Buying or selling in Great Park Irvine — Neighborhood Guide & Market Trends?

No one knows our cities as well as we do.

Street-level comps, school boundaries, HOA and Mello-Roos context — we live these markets daily. Let's talk about your move.