12348 Circula Panorama, North Tustin, California 92705, North Tustin, 92705 - 5 bed, 3 bath
12348 Circula Panorama
North Tustin, California 92705
Property Price
SUMMARY
Analysis of 12348 Circula Panorama, North Tustin, California 92705 reveals a Fairly Priced Property with a current list price of $2,199,000 aligned with the estimated $2,239,639 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the North 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 |
|---|---|---|---|---|---|---|
★ 12348 Circula Panorama Subject | $2,199,000* List Price | 5 | 3 | 3,193 | $701 | - |
A 12782 Periwinkle Sold | $1,870,000 | 5 | 4 | 3,393 | $551 | 0.7 mi |
B 12276 Circula Panorama Sold | $1,706,000 | 3 | 3 | 2,320 | $735 | 0.3 mi |
C 19201 Barrett Lane Active | $2,350,000 List Price | 5 | 4 | 3,550 | $662 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This home has been extensively and recently renovated, as evidenced by the 'beautifully reimagined' description and the high-end, modern finishes throughout. The kitchen features premium Thermador appliances, sleek custom cabinetry, and quartz waterfall countertops, all appearing virtually new. One of the remodeled bathrooms boasts contemporary marble-look tile, black fixtures, and a modern trough sink. White-oak engineered wood flooring is present throughout the main living areas. While the primary bathroom appears to be a slightly older remodel compared to the other updated areas, and the listing notes a potential lack of central air conditioning, the overall quality, style, and condition of the recent renovations are outstanding, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18830, living area = 3193.
- Panoramic Views
The property offers sweeping views of city lights and surrounding mountains from nearly every angle, enhanced by expansive glass and generous balconies, creating a private retreat ambiance.
- Modern, High-End Renovation
This beautifully reimagined home boasts a modern, high-end aesthetic with contemporary finishes, including a fully redesigned chef’s kitchen featuring premium Thermador appliances, custom cabinetry, and extensive quartz waterfall countertops.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Lack of Central Air Conditioning
The property description emphasizes natural light and indoor-outdoor flow but makes no mention of a cooling system, which could be a significant consideration during warmer months in Southern California.
- Limited Traditional Flat Yard Space
While the nearly half-acre lot offers 'potential for a custom deck, garden terrace, or additional outdoor entertainment areas,' its gently sloping nature suggests a lack of a conventional flat backyard, which some buyers, especially those with children or pets, might prefer.
About 12348 Circula Panorama
Perched in the hills of North Tustin, this beautifully reimagined home pairs a modern, high-end aesthetic with the charm of a quiet, established neighborhood known for its peaceful hillside setting. 12348 Circula Panorama showcases sweeping views of city lights and surrounding mountains, framed by dramatic architecture, soaring ceilings, and expansive glass that fills every room with natural light. A striking pivoting front door sets the tone, opening to an airy interior defined by clean lines, contemporary finishes, and floor-to-ceiling windows that seamlessly blend indoor and outdoor living. Thoughtfully placed Marvin sliders and generous balconies invite you to enjoy panoramic vistas from nearly every angle, creating an ambiance reminiscent of a private retreat. The main level centers around a fully redesigned chef’s kitchen featuring premium stainless-steel Thermador appliances—including a wine refrigerator and microwave drawer—sleek custom cabinetry, a built-in espresso station ideal for morning rituals or entertaining, and extensive quartz waterfall countertops. The kitchen opens to an informal dining area and a warm, inviting great room anchored by a fireplace, with a formal dining room, currently used as a creative space, located just off the kitchen. White-oak engineered wood flooring enhances the home throughout. Spanning approximately 3,200 square feet on nearly half an acre, the property embraces indoor-outdoor living with multiple terraces and a gently sloping lot offering potential for a custom deck, garden terrace, or additional outdoor entertainment areas. Designed with comfort and flexibility in mind, the floor plan includes a convenient main-floor bedroom and a remodeled main-floor bathroom. The lower level features three additional bedrooms and a remodeled bathroom—ideal for guests, multigenerational living, office use, or creative workspaces—while the privately situated primary suite occupies the top floor, maximizing both privacy and elevated views. With each level opening directly to its own balcony, the home offers effortless opportunities for al fresco dining, relaxation, and entertaining against a stunning natural backdrop, blending modern luxury with timeless tranquility in the heart of North Tustin.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 18,830 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $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 | 76% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,193 | 2,555 | 74% |
| Lot Size | 18,830 | 12,390 | 80% |
| Price | $2.20M | $1.73M | 77% |
| Price per sq ft | $689 | $683 | 52% |
| Built year | 1988 | 1963 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 173 | 19% |
Pricing History
Listed for Sale
Dec 15, 2025
$2,199,000
Initial Listing
Sold
Apr 29, 2022
$2,275,000
Public Record
Sold
May 23, 2013
$802,000
Public Record
Sold
Apr 6, 1995
$340,000
Public Record