1001 Terra Bella, Irvine, California 92602, Irvine, 92602 - 2 bed, 2 bath
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Irvine, California 92602
This High-Potential Investment Opportunity is listed at $829,000, positioned above the $749,872 Fair Market Value by 10%. While the property requires modernization, its Fair Condition Rating and rare single-level accessibility in the guard-gated Northpark community provide a solid foundation for value-add improvements. Featuring a direct-access 2-car garage and proximity to top-rated schools like Arnold O. Beckman High, this residence offers significant lifestyle appeal. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a long-term asset in a premier Irvine location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1001 Terra Bella Subject | $829,000* List Price | 2 | 2 | 1,078 | $698 | - |
A 6 Idyllwild 10 Sold | $1,040,000 | 2 | 2 | 1,486 | $700 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this 26-year-old property falls into the 'Fair' category as it is over 20 years old with mostly original features. While the home is well-maintained and features updated laminate flooring and recessed lighting, the kitchen and bathrooms remain dated with original honey oak cabinetry and older white appliances, indicating a need for modernization.
This rare ground-floor, single-level residence eliminates stairs, making it highly desirable for buyers seeking long-term accessibility and ease of movement.
Unlike many condos that offer tandem or detached parking, this unit features a side-by-side, direct-access 2-car garage, providing exceptional convenience and security.
Located in the prestigious Northpark master-planned community, residents benefit from 24-hour guard-gated security and resort-style amenities including multiple pools and tennis courts.
With 68 days on the market, the property is exceeding the typical turnover time for the Irvine area, which may suggest pricing resistance or a need for cosmetic updates.
As a ground-floor unit in a multi-story condominium complex, the living experience may be impacted by noise transfer from neighbors residing on the floor above.
*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.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades K-8 • 1.2 mi
Grades K-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 2.0 | 3.0 | 31% |
| Square foot | 1,078 | 1,681 | 4% |
| Lot Size | 41,137 | 3,216.5 | 92% |
| Price | $829.0K | $1.36M | 4% |
| Price per sq ft | $769 | $838 | 38% |
| Built year | 2000 | 2010 | 8% |
| HOA | $345.0 | $278 | 81% |
| Days on market | 97 | 105 | 50% |
Jun 4, 2026
$829,000
$828,000
+0% Price Increase
Initial Listing
May 12, 2026
$828,000
$829,000
+0% Price Increase
Initial Listing
Mar 2, 2026
$829,000
Initial Listing
Aug 30, 2016
$485,000
Public Record
Sep 29, 2000
$241,500
Public Record