11755 Collar Avenue, Tustin, California 92782, Tustin, 92782 - 5 bed, 6 bath
11755 Collar Avenue
Tustin, California 92782
Property Price
SUMMARY
Analysis of 11755 Collar Avenue, Tustin, California 92782 reveals a Fairly Priced Property with a current list price of $5,500,000 aligned with the estimated $5,500,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Tustin 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11755 Collar Avenue Subject | $5,500,000* List Price | 5 | 6 | 5,902 | $932 | - |
A 10905 Silverado Terrace Sold | $4,851,825 | 5 | 6 | 5,449 | $890 | 0.7 mi |
B 10885 Silverado Ter Pending | $4,999,999 List Price | 4 | 4 | 5,503 | $909 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1999, this property is a former builder's model home with premium upgrades and high-end finishes that have been meticulously maintained. The kitchen features custom cabinetry, granite countertops, and professional-grade stainless steel appliances (double oven, built-in refrigerator, 6-burner cooktop) that are in excellent condition. Bathrooms are luxurious, with some appearing recently updated (e.g., backlit onyx vanity in the powder room, modern tile and glass showers in secondary baths) and all are in pristine condition. Hardwood and high-quality tile flooring are present throughout. While the home is 25 years old, its exceptional maintenance, high-quality original construction, and evident updates ensure it is move-in ready with no immediate renovations required, aligning perfectly with the 'Good' category criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prestigious Location & Security
Nestled in a highly coveted 24-hour guard-gated community of Tustin Ranch Estates, on a peaceful, single-loaded cul-de-sac street, offering exclusivity and security.
- Breathtaking Panoramic Views
Offers stunning panoramic views of Catalina Island, the Pacific Ocean, city lights, and mesmerizing sunsets from multiple vantage points, including a master suite balcony.
- Luxurious Builder's Model with Premium Upgrades
A former builder’s model home, meticulously designed with premium upgrades, high-end finishes, and custom features throughout, ensuring a sophisticated living experience.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The property carries a significant monthly association fee of $900, which adds a substantial ongoing cost to homeownership.
- Potential for High Maintenance Costs
The expansive 5,900+ sq. ft. residence on a 16,000 sq. ft. lot with extensive landscaping and outdoor amenities (pool, spa) implies considerable ongoing maintenance expenses.
- Property Age
Built in 1999, while featuring premium upgrades, some systems or design elements may eventually require updates to align with the latest modern standards or preferences.
About 11755 Collar Avenue
Welcome to 11755 Collar Ave. This luxurious oasis is nestled in one of the most coveted locations within the prestigious 24-hour guard-gated community of Tustin Ranch Estates. This stunning 5,900+ sq. ft. residence offers breathtaking views, mesmerizing sunsets, and picturesque vistas of Catalina Island, all from a peaceful, single-loaded cul-de-sac street. Situated on a sprawling 16,000 sq. ft. lot, the home boasts a seamless blend of elegance and privacy. With its spacious layout, upscale finishes, dual staircase, and panoramic surroundings, this estate invites you to experience an unparalleled lifestyle of comfort and sophistication. This former builder’s model home was thoughtfully designed with premium upgrades, offering a luxurious yet comfortable living space. Every detail has been meticulously crafted to elevate the home's elegance, from high-end finishes to custom features, providing an exceptional blend of style and functionality. Whether enjoying the expansive indoor areas or the breathtaking outdoor views, this home delivers an unparalleled living experience. The kitchen is a chef's dream, featuring custom-made cabinetry and ample storage. Equipped with a double oven, built-in refrigerator, and a 6-burner cooktop, this space is designed for both cooking and entertaining with ease. On the first floor, you'll find a primary en-suite, a formal study with a fireplace, a bright family room, a breakfast nook, and a formal living room with an astonishing wood-carved fireplace and cathedral ceilings. A formal dining room and a bar enhance the home's entertainment capabilities. The master suite on the second floor boasts its own viewing balcony, offering stunning ocean and city views. 3 additional en-suite bedrooms & a large playroom cater to the needs of the whole family. The mature front & rear gardens offer a year-round spring-like atmosphere. Additional amenities include a covered patio with stone fireplace, overhead heaters, a ceramic-tiled swimming pool, hot spa, and a fully equipped BBQ area offering a massive grill. The long driveway provides parking for multiple cars. The gold-ribbon award-winning schools, world-class dining and shopping, John Wayne Airport, and freeways are all in close proximity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 15,874 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $900.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 72% |
| Baths | 6.0 | 3.0 | 90% |
| Square foot | 5,902 | 2,666 | 97% |
| Lot Size | 15,874 | 5,400 | 93% |
| Price | $5.50M | $1.90M | 97% |
| Price per sq ft | $932 | $744 | 93% |
| Built year | 1999 | 1998 | 55% |
| HOA | $900.0 | $200 | 97% |
| Days on market | 540 | 178 | 97% |
Pricing History
Listed for Sale
Sep 13, 2024
$5,500,000
Initial Listing