
Irvine, California 92618
This Stabilized Income-Producing Asset is listed at $2,098,000, offering a secure entry into Irvine’s premier Oak Creek neighborhood near its $1,996,517 Fair Market Value. The property maintains a Move-in Ready Condition Rating and features a highly desirable Detached Private Casita alongside Forested Greenbelt Views. Currently tenant-occupied through February 2027, the home ensures immediate cash flow while benefiting from Top-Rated Schools like Woodbridge High. This turnkey opportunity is an ideal strategic fit for 1031 Exchange Investors or Future Owner-Occupants seeking long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11 Highfield Subject | $2,098,000* List Price | 4 | 4 | 2,085 | $958 | - |
A 37 Pheasant Creek Sold | $2,200,000 | 4 | 3 | 2,715 | $810 | 0.4 mi |
B 80 Millbrook Sold | $1,580,000 | 3 | 3 | 1,656 | $954 | 0.3 mi |
C 75 Ashford Active | $2,199,900 List Price | 4 | 3 | 2,715 | $810 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring updated durable vinyl flooring and granite countertops. While the oak cabinetry and bathroom fixtures reflect the original 2000 construction style, the home shows minimal wear and tear, has modern recessed lighting, and requires no immediate renovations.
Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
The unique floorplan features a detached ground-level 1-bedroom, 1-bath casita, providing exceptional versatility for multi-generational living, a private home office, or increased rental desirability.
As an income-producing property with a reliable tenant in place through February 2027, it offers a turnkey opportunity for 1031 exchange investors seeking immediate cash flow and equity growth.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The long-term lease commitment through early 2027 makes this property unsuitable for buyers looking for an immediate primary residence, restricting the buyer pool to investors or patient future occupants.
With the 2,085 square footage divided between two separate structures, the main residence may feel more compact than traditional single-family homes in this price bracket.
Prime investment opportunity in the heart of Irvine’s premier Oak Creek neighborhood. This exceptional INCOME-PRODUCING property is currently tenant-occupied with a reliable lease in place through February 2027 (however can move out sooner), offering immediate income and an ideal opportunity for investors or a 1031 exchange. Assume the lease at close of escrow and enjoy a stabilized asset from Day One. It is also an excellent option for future owner-occupants looking to “buy now, move later” allowing current rental income to pay down your mortgage and build significant equity before you even unpack your boxes. Unique to this neighborhood, this in-demand floorplan offers a 3-bedroom main residence and a detached ground level 1-bedroom, 1-bath PRIVATE CASITA—an attractive layout that appeals to a wide range of tenants and enhances long-term value. Ideally positioned with no homes directly behind and mature trees providing added privacy, the home offers granite kitchen countertops with a center island, recessed lighting, durable vinyl flooring, shutters, abundant natural light, and a modern architectural design. The main home features open-concept living downstairs and 3 bedrooms, 2 baths upstairs, along with a laundry room and built-in desk area. Outdoor spaces include a gated private courtyard with separate access to the casita, slate-tiled entry, and a backyard with grass, hardscape, and planter beds. A unique two-car garage configuration with separate bays adds flexibility. Residents enjoy resort-style Cricket Club HOA amenities including pools, parks, tennis and basketball courts, playgrounds, and scenic trails, all conveniently located near major freeways, premier shopping, highly rated schools, and nearby universities—making this a rare opportunity combining location, privacy, strong income potential, and long-term value. Secure a foothold in Irvine’s most stable community while your EQUITY GROWS.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 1.8 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,085 | 2,912 | 16% |
| Lot Size | 4,160 | 4,800 | 39% |
| Price | $2.10M | $2.30M | 39% |
| Price per sq ft | $1.0K | $810 | 91% |
| Built year | 2000 | 2019 | 4% |
| HOA | $92.0 | $260 | 1% |
| Days on market | 35 | 212 | 1% |
Mar 18, 2026
$2,098,000
Initial Listing
May 9, 2011
$788,000
Public Record
Jul 26, 2005
$910,000
Public Record
Oct 17, 2001
$454,000
Public Record