12284 Circula Panorama, Santa Ana, California 92705, Santa Ana, 92705 - 4 bed, 3 bath
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Santa Ana, California 92705
This Panoramic Hillside Estate is a Prime Investment Opportunity, listed at $1,750,000—positioned well below the $1,979,503 Fair Market Value by 11%. This valuation gap offers $229,503 in Instant Equity for the buyer. Boasting a Mint Condition Rating, the residence features a high-end modern renovation, panoramic city and ocean views, and an expansive 20,900 sqft lot. Located in the Orange Unified School District, this turnkey sanctuary combines lifestyle luxury with immediate financial upside. It is ideal for Owner-Occupants or Luxury Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12284 Circula Panorama Subject | $1,750,000* List Price | 4 | 3 | 2,381 | $831 | - |
A 12831 Fairhaven Extention Sold | $2,250,000 | 4 | 4 | 3,165 | $711 | 0.4 mi |
B 18661 Vale Active | $1,900,000 List Price | 4 | 2 | 2,089 | $910 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1964, the property has undergone a complete, high-end modern renovation within the last 5 years. The kitchen features contemporary flat-panel cabinetry and premium appliances, while the bathrooms are finished with floor-to-ceiling marble-style tile and LED mirrors. With updated flooring, recessed lighting, and a turnkey presentation, the home is in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20900, living area = 2381.
The property's elevated hillside position offers breathtaking, unobstructed views of the city lights and the ocean, significantly increasing its desirability and market value.
Fully renovated with contemporary finishes and an open-concept layout, this home provides a modern, move-in-ready experience that appeals to today’s luxury buyers.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The current list price of $1.75M represents a substantial markup from its recent sale price of $1.55M, which may lead to appraisal challenges or buyer hesitation.
While the elevation provides views, the steep hillside terrain can limit the amount of usable flat outdoor space and may require specialized maintenance for slope stability.
Perched in a desirable Santa Ana hillside neighborhood, 12284 Circula Panorama offers a rare combination of panoramic city views, thoughtful renovation, and turnkey living. Fully remodeled throughout, this beautifully updated home showcases bright, open living spaces, contemporary finishes, and a functional layout designed for both everyday comfort and entertaining. The home’s elevated setting captures sweeping city views that create a striking backdrop from day to night, adding a unique sense of space, light, and lifestyle appeal. Every detail has been carefully refreshed to deliver a clean, modern presentation that feels both inviting and move-in ready. With its exceptional setting, polished upgrades, and rare view-oriented living experience, 12284 Circula Panorama stands out as a compelling opportunity in one of the area’s most desirable residential pockets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,381 | 2,438 | 46% |
| Lot Size | 20,900 | 12,032 | 81% |
| Price | $1.75M | $1.80M | 49% |
| Price per sq ft | $735 | $711 | 54% |
| Built year | 1964 | 1962 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 125 | 8% |
Apr 17, 2026
$1,750,000
Initial Listing
Dec 5, 2024
$1,550,000
Public Record
Dec 5, 2024
$1,500,000
Public Record