12312 Newport Avenue, North Tustin, California 92705, North Tustin, 92705 - 4 bed, 3 bath
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North Tustin, California 92705
This Rare Single-Story North Tustin Residence is a Strong Value Opportunity, listed at $1,699,900—positioned well below the $1,788,809 Fair Market Value by 4%. This valuation gap offers $88,909 in Instant Equity for buyers. Boasting a Well-Maintained Condition Rating, the property features a premier outdoor retreat with a brick pizza oven, solar panels, and expansive 10-vehicle parking on a 13,600 sqft lot. Located in the prestigious Tustin Unified School District, it is an ideal acquisition for Owner-Occupants or Business Owners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12312 Newport Avenue Subject | $1,699,900* List Price | 4 | 3 | 2,241 | $798 | - |
A 11572 Suburnas Way Sold | $1,830,000 | 4 | 2 | 2,150 | $851 | 0.7 mi |
B 2011 Redberry Sold | $2,200,000 | 4 | 3 | 2,547 | $864 | 1.0 mi |
C 1722 Sierra Alta Drive Sold | $1,650,000 | 3 | 3 | 2,185 | $755 | 0.8 mi |
D 1172 St John Place Sold | $2,095,000 | 4 | 3 | 2,450 | $855 | 0.9 mi |
E 14261 Clarissa Sold | $1,939,900 | 4 | 3 | 2,233 | $869 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1961, the property has undergone significant renovations likely 15-20 years ago. The kitchen and bathrooms feature granite countertops, tumbled stone backsplashes, and travertine tile flooring. The home is well-maintained, functional, and move-in ready, with added value from modern systems like solar panels and a comprehensive outdoor entertainment area.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13600, living area = 2241.
The property offers rare and expansive on-site parking for up to 10 vehicles, including dedicated space for an RV or work trucks, providing significant value for business owners or hobbyists.
The backyard serves as a private retreat featuring a built-in BBQ island, a brick pizza oven, a gazebo, and an outdoor fireplace, ideal for high-end hosting on a generous 13,600 sqft lot.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1961, the interior may require cosmetic or structural updates to meet the contemporary luxury expectations of buyers at this price point.
The property is noted as having no views, which may be a competitive disadvantage compared to other premium hillside or elevated listings in the North Tustin area.
Located in the highly desirable North Tustin area, this rare single-story residence offers a unique blend of privacy, space, and functionality. Featuring 4 bedrooms and 2.5 bathrooms, the home is designed for comfortable living and effortless entertaining. The property includes a spacious two-car garage along with expansive on-site parking, accommodating up to 10 vehicles, RV parking, or work trucks with ease; ideal for both homeowners and business owners alike. The backyard is an entertainer’s retreat, complete with a built-in BBQ island, a charming brick pizza oven, a gazebo, and an outdoor fireplace that creates the perfect setting for gatherings year-round. Inside, the home offers a warm and inviting living space with its own fireplace, adding to the cozy ambiance. Surrounded by mature landscaping, fruit trees, and lush greenery, the grounds provide a serene and private environment. Equipped with solar panels for added efficiency, this property combines lifestyle and practicality. An exceptional opportunity to own a spacious, single-story home in one of North Tustin’s most sought-after neighborhoods; and one of the most attractive entry points into the area.
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 | 2,241 | 2,422 | 38% |
| Lot Size | 13,600 | 12,395 | 58% |
| Price | $1.70M | $1.70M | 50% |
| Price per sq ft | $759 | $702 | 69% |
| Built year | 1961 | 1962 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 140 | 1% |
Apr 10, 2026
$1,699,900
Initial Listing
Oct 29, 2004
$680,000
Public Record