RealKey
‪(213) 433-7766‬

12402 Vista Panorama, North Tustin, California 92705, North Tustin, 92705 - 6 bed, 5 bath

12402 Vista Panorama, North Tustin, California 92705 home-pic-0
ACTIVE$2,449,000
12402 Vista Panorama, North Tustin, California 92705
6Beds
5Baths
4,000Sqft
6,970Lot
Year Built
1976
Close
-
List price
$2.45M
Original List price
$2.56M
Price/Sqft
$612
HOA
-
Days on market
-
Sold On
-
MLS number
PW25056355
Home ConditionExcellent
Features
Excellent View: Canyon, Mountain(s), Panoramic
Deck
Patio
ViewCanyon, Mountain(s), Panoramic

About this home

Possibly Over-Priced:The estimated price is 41% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.45M(79th), sqft - 4000(87th), beds - 6(96th), baths - 5(91th).

PANORAMIC VIEW HOME WITH ATTACHED ADU! GREAT LONG-TERM OR SHORT-TERM RENTAL OPPORTUNITY. This 4,000 SF home is positioned on a premium street to street hillside lot with multiple entertaining areas in the coveted and highly sought-after Panorama Heights. This stunning home is “Pinterest Perfect” and completely remodeled by a local well-known interior designer. Ideally located on the hill with plenty of parking which can be difficult to obtain in hillside neighborhoods. In addition to the 3-car garage, there is a private 3-car parking pad adjacent to the home. This gorgeous house was designed with contemporary on-trend features and upgrades. Organic and cohesive blends of natural materials throughout, while stellar unobstructed views, multiple decks, and tranquil landscape create an inviting outdoor vibe. The main living area open concept floorplan showcases the high-end design features including multiple sets of brand-new folding doors to accentuate the views, top of the line Thermador and Dacor appliances, custom tile and built-ins and a main floor bedroom and full bathroom. No stone has been left unturned with careful thought and attention to detail in every aspect of this spectacular property. The chef’s kitchen overlooks that incredible view and flows seamlessly out onto the deck. Upstairs, savor the serenity of the primary suite, which boasts a luxury spa-style bathroom and spacious walk-in closet with yet another deck adjacent to the bedroom. Two additional bedrooms, loads of storage and another full bathroom complete the upper level. The lower ADU level is complete with a kitchen, family room, dining area, two more bedrooms, full bathroom and additional powder room. Great for in-laws, kids returning from college for a stay or your out of town guests! This premium location is just 15 minutes from Orange County airport, 25 minutes to Newport Beach, 40 minutes to downtown LA and 5 minutes to Peters Canyon Regional Park, known for its miles of hiking and bike trails. Choice of the excellent award-winning Orange schools or the Tustin schools Arroyo, Hewes and Foothill.

Condition Rating
Excellent
This property has been completely and extensively remodeled by a professional interior designer, featuring contemporary, on-trend styles and high-end finishes throughout. The main kitchen boasts top-of-the-line Thermador and Dacor appliances, custom cabinetry, and modern fixtures. Bathrooms are luxurious and spa-like, with new vanities, freestanding tubs, and glass-enclosed showers. Even the attached ADU includes a full, modern kitchen. All visible components, including flooring, light fixtures, and appliances, appear new or virtually new, indicating a renovation within the last 5 years, despite the 1976 build year. The property meets current quality standards with no deferred maintenance.
Pros & Cons

Pros

Panoramic Views & Outdoor Living: The property boasts stellar unobstructed panoramic views of canyons and mountains, complemented by multiple decks and tranquil landscaping, creating an inviting outdoor living experience.
Attached & Fully Equipped ADU: Features a complete lower-level ADU with a kitchen, family room, two bedrooms, and bathrooms, offering excellent potential for multi-generational living or significant rental income (long-term or short-term).
Designer Remodel & High-End Finishes: Completely remodeled by a local well-known interior designer with contemporary, on-trend features, top-of-the-line Thermador and Dacor appliances, custom tile, built-ins, and brand-new folding doors.
Prime Location & Accessibility: Situated in the coveted Panorama Heights, offering quick access to Orange County Airport (15 min), Newport Beach (25 min), downtown LA (40 min), Peters Canyon Regional Park (5 min), and a choice of excellent award-winning school districts.
Ample Parking & Spacious Layout: Provides abundant parking with a 3-car garage and an additional private 3-car parking pad, a rare advantage in hillside neighborhoods, alongside a generous 4,000 sqft floorplan with 6 beds and 5 baths.

Cons

Significant Overpricing: The listing price of $2.449M is substantially higher than the estimated market value of $1.44M, indicated by a -41% estimation ratio, which may present a challenge in attracting buyers at the current price point.
Older Original Construction: Despite a comprehensive remodel, the property's original structure dates back to 1976. While upgrades are extensive, some buyers may prefer newer construction for modern building standards, energy efficiency, or to avoid potential issues associated with older foundations or systems not explicitly mentioned as fully replaced.
Potential for Hillside Maintenance: Being a street-to-street hillside lot, while offering desirable views and parking, it may entail higher maintenance costs for landscaping, retaining walls, and potential for erosion, which could be a consideration for buyers seeking a low-maintenance yard.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state