1001 Terra Bella, Irvine, California 92602, Irvine, 92602 - 2 bed, 2 bath

1001 Terra Bella
Irvine, California 92602
Property Price
SUMMARY
Analysis of 1001 Terra Bella, Irvine, California 92602 is currently available with a list price of $829,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2000, this 24-year-old property is well-maintained and move-in ready but shows its age in key areas. While it features updated laminate flooring and recessed lighting, the kitchen and bathrooms appear to retain original builder-grade finishes, including white tile countertops and dated white appliances. It fits the 'fair' criteria as a property over 20 years old with functional but outdated major components and no recent comprehensive renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Level Accessibility
The rare ground-floor, single-level layout provides exceptional accessibility and convenience, making it a highly sought-after floor plan for a wide range of buyers.
- Superior Parking & Storage
Unlike many condos, this unit features a side-by-side, direct-access 2-car garage, offering enhanced security, privacy, and significant additional storage space.
- Exclusive Guard-Gated Community
Situated in the prestigious Northpark community, the property offers 24-hour guard-gated security and access to resort-style amenities including multiple pools and tennis courts.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At approximately 1,078 square feet, the living space is relatively compact, which may be a constraint for buyers requiring larger rooms or more versatile layouts.
- Potential for Modernization
While featuring some upgrades, the 2000-built home may still require updates to kitchens and bathrooms to meet the expectations of modern luxury buyers in Irvine.
About 1001 Terra Bella
*One level*Built in 2000 *2 Bed / 2 Bath * Attached 2-Car Garage * Guard-Gated Community * Rarely available single-level, ground-floor residence located in one of Irvine’s most desirable 24-hour guard-gated master-planned North Park communities. This thoughtfully designed home offers 2 bedrooms, 2 bathrooms, and approximately 1,100 square feet of open-concept living space. The bright and airy interior features an inviting living room, a charming kitchen with abundant cabinetry, and a spacious dining area ideal for both everyday living and entertaining. An adjacent indoor laundry room provides added convenience and functionality. The well-proportioned primary suite includes a walk-in closet and a private en-suite bathroom. The secondary bedroom and full hallway bath offer flexibility for guests, a home office, or additional living needs. Upgrades include laminate wood flooring and recessed lighting throughout. A rare highlight for a home of this size is the full-size, side-by-side 2-car garage with direct access—offering privacy, security, and everyday convenience. Enjoy a private front patio overlooking a lush greenbelt, creating a peaceful outdoor retreat with beautiful curb appeal. Residents of Northpark enjoy resort-style amenities including multiple pools, lighted tennis courts, sports courts, playgrounds, clubhouse, parks, and scenic walking trails. Ideally located near award-winning Irvine schools including Arnold O. Beckman High School, as well as The Marketplace, major freeways and toll roads, shopping, dining, golf courses, and hiking/biking trails. A rare opportunity to own a single-level home with a direct-access 2-car garage in one of Irvine’s premier communities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2000
- Lot Size
- 41,137 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $345.0 / Month
Neighborhood Insights
Irvine Unified Schools
Hicks Canyon Elementary School
Grades PK-5 • 0.2 mi
Orchard Hills School
Grades K-8 • 1.2 mi
Tustin Connect Academy
Grades K-8 • 3.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 2.0 | 3.0 | 18% |
| Square foot | 1,078 | 1,704.5 | 5% |
| Lot Size | 41,137 | 3,022 | 86% |
| Price | $829.0K | $1.41M | 9% |
| Price per sq ft | $769 | $839 | 41% |
| Built year | 2000 | 2005 | 18% |
| HOA | $345.0 | $294 | 86% |
| Days on market | 5 | 176 | 5% |
Pricing History
Listed for Sale
Mar 2, 2026
$829,000
Initial Listing
Sold
Aug 30, 2016
$485,000
Public Record
Sold
Sep 29, 2000
$241,500
Public Record








