
Santa Ana, California 92705
This Turnkey Equestrian Estate is a Strong Value Opportunity, listed at $1,999,000—positioned well below the $2,015,267 Fair Market Value by 0.8%. Featuring a Mint Condition Rating with recent high-end renovations, this property offers $16,267 in Instant Equity. The expansive 19,602 sqft lot provides rare development potential for an ADU or equestrian amenities within the Tustin Unified School District. This is an ideal acquisition for Owner-Occupants seeking a private sanctuary or Long-term Investors prioritizing land-heavy assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12781 Barrett Subject | $1,999,000* List Price | 4 | 4 | 2,373 | $849 | - |
A 18661 Vale Sold | $1,815,000 | 4 | 2 | 2,089 | $869 | 0.9 mi |
B 19631 Country Haven Sold | $1,750,000 | 4 | 2 | 2,321 | $754 | 0.2 mi |
C 1341 Mumford Sold | $2,195,000 | 4 | 3 | 2,240 | $980 | 0.7 mi |
D 1452 Cloyden Road Sold | $2,249,000 | 4 | 3 | 2,467 | $912 | 0.9 mi |
E 10471 Brightwood Drive Sold | $1,985,000 | 4 | 3 | 2,460 | $807 | 0.9 mi |
F 12831 Fairhaven Extention Sold | $2,250,000 | 4 | 4 | 3,165 | $711 | 0.5 mi |
G 19882 Highcrest Circle Sold | $1,950,000 | 4 | 3 | 2,650 | $736 | 0.4 mi |
H 19242 Barrett Lane Active | $1,550,000 List Price | 4 | 4 | 2,601 | $596 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1972 build date, the property has undergone significant recent renovations including fully remodeled bathrooms with modern stone counters and glass showers, brand-new carpet, fresh interior paint, and new laminate flooring. The inclusion of newer windows, recessed lighting, and a well-maintained Spanish-tile roof places it in mint, move-in ready condition consistent with a <5-year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19602, living area = 2373.
The nearly half-acre equestrian-zoned lot provides rare privacy and significant space for future additions such as an ADU, pool, or guest house.
A highly desirable downstairs bedroom with a private ensuite bathroom offers the perfect setup for guests, extended family, or a mother-in-law suite.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19602, other record lot size in square feet = 13400.
A recent $250,000 price reduction shortly after listing suggests the property may have been initially overpriced for the current market conditions.
At 2,373 square feet, the home's interior living space is relatively small compared to the massive 19,602 square foot lot, which may feel disproportionate to some estate buyers.
Welcome to the highly sought-after North Tustin community—a rare opportunity to own a private equestrian estate on nearly half an acre with endless possibilities. This beautifully maintained 4-bedroom, 3.5-bath home offers space, privacy, and timeless charm. A desirable downstairs bedroom with its own private ensuite bathroom provides the perfect setup for guests, extended family, a mother-in-law suite, or multigenerational living. Recent upgrades include remodeled bathrooms, brand-new carpet, fresh interior/exterior paint, newer windows, and new laminate flooring. An elegant iron front door and double-door entry create a grand first impression, while crown molding, recessed lighting, and ceiling fans throughout add style and comfort. Designed for everyday living and entertaining, the spacious floor plan features an inviting family room with a beautiful fireplace, separate living room, formal dining room, and expansive kitchen with an adjacent laundry room and half bath. Situated behind dual gates, the property boasts a picturesque horseshoe driveway, offering convenience and impressive curb appeal. The nearly half-acre lot provides exceptional potential for an ADU, pool, guest house, workshop, or equestrian amenities. Rear easement access offers additional flexibility for future possibilities. Outdoor living is enhanced by mountain views, mature fruit trees, RV parking, a pull-through garage, and privacy rarely found in such a central location. The Spanish-style tile roof adds timeless character, while the expansive grounds create a true estate-like setting. Something increasingly difficult to find in Orange County: the space and freedom to embrace a more rural lifestyle while remaining close to everything. Imagine keeping horses, chickens, roosters, goats, or even pigs on your own property—an extraordinary opportunity for those dreaming of equestrian living, a hobby farm, or simply more room to live life on their own terms. Located within the award-winning Tustin Unified School District, including Arroyo Elementary, Hewes Middle School, and Foothill High School, this exceptional North Tustin property is minutes from shopping, dining, entertainment, and major freeways. Properties offering this combination of privacy, usable land, lifestyle flexibility, and future potential are increasingly rare in Orange County. Don’t miss this unique opportunity to own an exceptional North Tustin estate where comfort, convenience, and possibilities come together.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,373 | 1,531.136 |
| Lot Size | 19,602 | 6,702.356 |
| Price | $2.00M | $1.07M |
| Price per sq ft | $842 | $690 |
| Built year | 1972 | 1958 |
| HOA | $0 | $236 |
| Days on market | 19 | 51 |
Aug 21, 2026
$2,249,000
Initial Listing
Aug 21, 2026
$1,999,000
Initial Listing
Mar 17, 2004
$789,000
Public Record
Jun 22, 2000
$415,000
Public Record