1362 Skyline Drive, North Tustin, California 92705, North Tustin, 92705 - 3 bed, 3 bath

1362 Skyline Drive, North Tustin, California 92705 home-pic-0
ACTIVE$1,598,000
1362 Skyline Drive, North Tustin, California 92705
3Beds
3Baths
2,426Sqft
16,299Lot

Price Vs. Estimate

The estimated value ($1,076,062) is $521,938 (32%) lower than the list price ($1,598,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 16299, living area = 2426.
Top Cons:
Age of Main House & Renovation Needs: Built in 1956, the adobe-style main house, while offering potential, likely requires significant renovation and updates to meet modern aesthetic and functional standards, representing a substantial investment for the buyer.

Compared to the nearby listings

Price:$1.60M vs avg $1.72M ($-122,000)36%
Size:2,426 sqft vs avg 2,465 sqft50%
Price/sqft:$659 vs avg $70631%

More Insights

Built in 1956 (69 years old).
Condition: Built in 1956, the property's description explicitly highlights its 'potential and possibilities' and 'flexibility for renovation, expansion,' particularly for the 'adobe style main house.' The complete absence of interior images, especially of the kitchen and bathrooms, strongly suggests these areas are significantly outdated and require substantial rehabilitation to meet modern standards. While the structure is not indicated to be beyond repair (thus not a tear-down), the emphasis on renovation implies a major project rather than minor updates or a move-in ready condition.
Year Built
1956
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$659
HOA
-
Days on market
-
Sold On
-
MLS number
OC25117305
Home ConditionPoor
Features
Spa
Patio
View-

About this home

Welcome to this unique North Tustin one level single family house, full of potential and possibilities. Sitting on a flat lot of approximately 16,300 sq ft, this property offers tremendous space and flexibility for renovation, expansion, or ADU conversion. The spacious backyard features a detached 6-car garage with an approx. 800 sq ft permitted upstairs hobby room, already equipped with plumbing, sewer, electrical, and fire sprinklers. The current owner has completed architectural plans to convert this structure into a 1,200 sq ft Accessory Dwelling Unit (ADU), offering an ideal opportunity for multi-generational living or rental income. The adobe style main house is single floor and offers flexible space for renovation or potential expansion into 4–5 bedrooms. The front circular driveway can fit 4–6 cars, and the gated side yard provides additional parking or RV space. Beautiful Ficus tree in the backyard planted in a concrete vault to protect the underground utilities. The southwest-facing backyard is open and sunny, with mature trees, koi pond, spa, and patios. Conveniently located near shopping centers and major roads, and zoned for top-rated schools: Foothill High (9/10) and Red Hill Elementary (10/10). No HOA and no Mello-Roos. Don't miss the opportunity to make this your dream home!

Condition Rating
Poor

Built in 1956, the property's description explicitly highlights its 'potential and possibilities' and 'flexibility for renovation, expansion,' particularly for the 'adobe style main house.' The complete absence of interior images, especially of the kitchen and bathrooms, strongly suggests these areas are significantly outdated and require substantial rehabilitation to meet modern standards. While the structure is not indicated to be beyond repair (thus not a tear-down), the emphasis on renovation implies a major project rather than minor updates or a move-in ready condition.
Pros & Cons

Pros

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 = 16299, living area = 2426.
ADU Potential & Income Generation: The property features a detached 6-car garage with a permitted 800 sq ft upstairs hobby room, and architectural plans are available to convert it into a 1,200 sq ft Accessory Dwelling Unit (ADU), offering significant potential for multi-generational living or rental income.
Large Flat Lot & Expansion Potential: Sitting on an expansive 16,300 sq ft flat lot, the property provides tremendous space and flexibility for renovation, expansion of the main house, or further landscaping.
Top-Rated School District: The home is zoned for highly-rated schools, including Foothill High (9/10) and Red Hill Elementary (10/10), making it very attractive to families.
No HOA or Mello-Roos: The absence of Homeowners Association fees and Mello-Roos taxes significantly reduces the ongoing costs of homeownership, enhancing affordability and appeal.
Ample Parking & RV Access: A circular driveway accommodates 4-6 cars, and a gated side yard offers additional parking or convenient RV storage.

Cons

Age of Main House & Renovation Needs: Built in 1956, the adobe-style main house, while offering potential, likely requires significant renovation and updates to meet modern aesthetic and functional standards, representing a substantial investment for the buyer.
Significant Overpricing: The current listing price of $1.598M is substantially higher than the estimated property value of $1.076M (estimation ratio -32), suggesting it may be overpriced relative to market comparables.
Lack of Views: The property does not offer panoramic or desirable views, which can be a comparative disadvantage in a market where properties with scenic outlooks often command higher values.

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