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11391 Arroyo Avenue, North Tustin, California 92705, North Tustin, 92705 - 4 bed, 3 bath

11391 Arroyo Avenue, North Tustin, California 92705 home-pic-0
ACTIVE$1,975,000
11391 Arroyo Avenue, North Tustin, California 92705
4Beds
3Baths
2,784Sqft
7,897Lot
Year Built
1970
Close
-
List price
$1.98M
Original List price
$2.05M
Price/Sqft
$709
HOA
$395
Days on market
-
Sold On
-
MLS number
NP25086387
Home ConditionGood
Features
Deck
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 41% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.98M(68th), sqft - 2784(58th), beds - 4(50th), baths - 3(50th).

Lovely family home and neighborhood located in the private, gated El Sereno Estates, a 13 home enclave in North Tustin. Large Lot. Rarely on the market. Easy walking distance to acclaimed Arroyo Elementary. Foothill High is also walkable. Central HOA Pool with large barbeque, entertainment area poolside. Multiple mature fruit trees, including avocado trees, on property. Storage sheds and garden areas. Exterior decking. Huge, gorgeous kitchen, with nook. Custom cabinets. Kitchen is adjacent to the large, open family room. Bath rooms redone. Walk-in closets. Dual sinks. Large shower in Primary. Dining room. Den or Office downstairs--Possible bedroom. Brand new upgraded roof.

Condition Rating
Good
The property, built in 1970, has undergone significant updates, including a brand new roof and recently redone bathrooms that feature modern fixtures, white vanities, and glass-enclosed showers, appearing virtually new. The kitchen boasts custom, warm-toned cabinetry, granite countertops, and stainless steel appliances, presenting as high-quality and well-maintained, though its style leans more traditional than ultra-modern. Overall, the home is move-in ready with fresh paint, clean carpets, and updated lighting, indicating extensive renovations within the last 5-15 years, aligning well with the 'Good' condition criteria.
Pros & Cons

Pros

Exclusive Gated Community: Located in the private, gated El Sereno Estates, a small 13-home enclave, offering enhanced privacy and security.
Top-Rated School Access: Within easy walking distance to acclaimed Arroyo Elementary and Foothill High, a significant draw for families.
Recently Upgraded Roof: A brand new upgraded roof provides peace of mind and reduces immediate capital expenditure for the buyer.
Modernized Interior Spaces: Features a huge, gorgeous kitchen with custom cabinets and redone bathrooms, including walk-in closets, dual sinks, and a large primary shower.
Community & Outdoor Amenities: Access to a central HOA pool with a large barbecue/entertainment area, complemented by mature fruit trees and exterior decking on the property.

Cons

Significant Overpricing: The current list price of $1,975,000 is substantially higher than the estimated property value of $1,162,413, indicating a potential disconnect with market expectations.
High Monthly HOA Fees: A monthly association fee of $395 adds a considerable recurring cost to homeownership.
Lack of Desirable Views: The property explicitly states 'None' for views, which can be a disadvantage in a competitive market where scenic views often command a premium.

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