
North Tustin, California 92705
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $1,999,000—positioned well below the $2,138,599 Fair Market Value by 6%. This valuation gap offers $139,599 in Instant Equity. Featuring a Condition Rating of 3, the home includes a new roof, paid-off solar, and a resort-style pool. With its expansive 16,200-square-foot lot, RV parking, and city light views, it balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants seeking long-term value or discerning buyers prioritizing infrastructure upgrades.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10381 Brightwood Subject 5 bd · 3 ba · 2,723 sqft · $785 | $1,999,000* List Price | 5 | 3 | 2,723 | $785 | - |
A 10392 Shadyridge Sold 5 bd · 5 ba · 2,970 sqft · $791 · 0.1 mi | $2,350,000 | 5 | 5 | 2,970 | $791 | 0.1 mi |
B 10505 Grove Oak Sold 4 bd · 3 ba · 2,802 sqft · $753 · 0.2 mi | $2,110,000 | 4 | 3 | 2,802 | $753 | 0.2 mi |
C 1452 Cloyden Road Sold 4 bd · 3 ba · 2,467 sqft · $912 · 0.8 mi | $2,249,000 | 4 | 3 | 2,467 | $912 | 0.8 mi |
D 1281 Country Hills Sold 4 bd · 4 ba · 3,135 sqft · $646 · 0.4 mi | $2,025,000 | 4 | 4 | 3,135 | $646 | 0.4 mi |
E 10885 Coronel Road Sold 4 bd · 3 ba · 2,926 sqft · $711 · 0.5 mi | $2,080,000 | 4 | 3 | 2,926 | $711 | 0.5 mi |
F 19631 Country Haven Sold 4 bd · 2 ba · 2,321 sqft · $754 · 1.0 mi | $1,750,000 | 4 | 2 | 2,321 | $754 | 1.0 mi |
G 1201 Hyde Park Sold 4 bd · 3 ba · 2,472 sqft · $843 · 0.8 mi | $2,085,000 | 4 | 3 | 2,472 | $843 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property is well-maintained and move-in ready with significant recent system and exterior upgrades, including a new roof (March), paid-off solar, and a recently redone pool. The interior living spaces and bathrooms appear functional but dated, suggesting a renovation age in the 10-20 year range for the living areas, while the major systems are in excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16200, living area = 2723.
The property features significant recent capital improvements including a brand-new roof, a recently redone resort-style pool, and fully paid-off solar panels, offering immediate value and long-term utility savings.
Situated on over a third of an acre in Cowan Heights, the 16,200-square-foot lot provides rare amenities such as RV parking and a two-car drive-through garage, ideal for recreational vehicle storage and outdoor entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2723, other record living area = 2893.
Built in 1964, the interior may require further cosmetic updates beyond the recent structural improvements to fully meet the contemporary luxury standards expected at this price point.
The expansive lot size and mature tropical landscaping, while beautiful, demand significant ongoing maintenance and water costs to preserve the property's resort-style curb appeal.
Discover 10381 Brightwood, a 5-bedroom, 3-bath home in the highly desirable Cowan Heights neighborhood of North Tustin. Offering approximately 2,723 square feet on an expansive 16,200-square-foot lot, this Southern California pool home features a recently redone swimming pool, paid-off solar, a roof completed in March, RV parking, and a two-car drive-through garage. Set on more than a third of an acre, the property embraces North Tustin's indoor-outdoor lifestyle. Mature trees, palms, and tropical landscaping create an inviting setting with generous spaces for entertaining, dining, recreation, and everyday enjoyment. Inside, the flexible five-bedroom floor plan offers spacious living areas highlighted by a dramatic vaulted ceiling with exposed beams. Fireplaces create welcoming focal points, while large windows and French doors bring in natural light and connect the interior with the surrounding grounds. The backyard is a standout feature, with a recently redone resort-style pool, expansive lawn, and multiple areas for dining, lounging, and entertaining. An elevated wood deck provides another distinctive outdoor space overlooking the pool and grounds. Recent improvements and practical amenities add even more appeal. Paid-off solar, a roof completed in March, and the refreshed pool offer valuable updates. The two-car drive-through garage, RV parking, and generous driveway provide excellent flexibility for vehicles, recreational toys, and storage. Located in Cowan Heights, North Tustin, 10381 Brightwood combines a large lot, five-bedroom floor plan, resort-style backyard, RV parking, paid solar, recent improvements, and flexible indoor-outdoor living. This is a wonderful opportunity to enjoy spacious Southern California living in one of North Tustin's most desirable residential neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.4 |
| Baths | 3.0 | 3.2 |
| Square foot | 2,723 | 2,850.771 |
| Lot Size | 16,200 | 17,262.375 |
| Price | $2.00M | $2.17M |
| Price per sq ft | $734 | $754 |
| Built year | 1964 | 1965 |
| HOA | $0 | $387 |
| Days on market | 24 | 52 |
Oct 1, 2026
$1,999,000
Initial Listing
Aug 14, 2002
$727,000
Public Record