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

1001 Terra Bella, Irvine, California 92602 home-pic-0

1001 Terra Bella

Irvine, California 92602

ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,078Sq Ft
41,137Lot Size

Property Price

LIST PRICE$829,000

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

Fair
TeardownExcellent

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 It fits the 'fair' criteria as a property over 20 years old with functional but outdated major components and no recent comprehensive renovation.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

8/10

Orchard Hills School

Grades K-8 • 1.2 mi

8/10

Tustin Connect Academy

Grades K-8 • 3.2 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
32%
Baths2.03.0
18%
Square foot1,0781,704.5
5%
Lot Size41,1373,022
86%
Price$829.0K$1.41M
9%
Price per sq ft$769$839
41%
Built year20002005
18%
HOA$345.0$294
86%
Days on market5176
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

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