
Tustin, California 92780
This Value-Add Residential Asset is listed at $1,559,000, positioned relative to its $1,405,009 Fair Market Value with a motivated seller seeking serious offers. Boasting a Condition Rating of 4, the 2,243 sq. ft. home features a signature 1970s conversation pit, a wet bar, and an expansive covered patio for al-fresco dining. The versatile layout includes a formal dining room that easily converts into a fifth bedroom. Located in the Tustin Unified School District near Nelson Elementary, this property requires cosmetic updates but offers significant upside for Fix-and-Flip Investors or Owner-Occupants ready to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14662 Danberry Circle Subject | $1,559,000* List Price | 4 | 3 | 2,243 | $626 | - |
A 2342 Caper Tree Drive Sold | $1,570,000 | 4 | 3 | 2,344 | $670 | 0.7 mi |
B 14801 Braeburn Road Sold | $1,410,000 | 4 | 3 | 2,243 | $629 | 0.2 mi |
C 14682 Emerywood Road Sold | $1,400,000 | 4 | 2 | 2,213 | $633 | 0.1 mi |
D 14211 Cherrywood Sold | $1,150,000 | 4 | 3 | 1,801 | $639 | 0.6 mi |
E 2081 Nantucket Place Sold | $1,190,000 | 4 | 2 | 1,950 | $610 | 0.4 mi |
F 1951 Roanoke Avenue Sold | $1,230,000 | 3 | 2 | 1,634 | $753 | 0.3 mi |
G 1832 Brookshire Avenue Active Under Contract | $1,199,900 List Price | 4 | 2 | 1,950 | $615 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1970 (54 years old) and features a kitchen and bathroom renovation that appears to be 15-20 years old based on the cabinetry and granite styles. While functional and move-in ready, the interior shows significant dating with a 1970s conversation pit, wood paneling, and stained carpeting that requires replacement. The listing agent explicitly notes the home needs 'paint and polish,' aligning with the 'Fair' criteria for dated homes needing minor updates.
The 2,243 sq. ft. layout features a formal dining room that can easily be converted into a fifth downstairs bedroom, offering excellent flexibility for large families or multi-generational living.
Designed for social gatherings, the home includes a unique conversation pit with a fireplace, a dedicated wet bar, and an expansive covered patio ideal for al-fresco dining.
Situated in the 'City of Trees,' the property offers a quiet neighborhood feel while maintaining rapid access to the I-5 and CA-261, placing world-class beaches and dining within a 25-minute drive.
The home is noted to need 'paint and polish,' suggesting that buyers will need to invest additional capital into modernizing the 1970s interior and addressing deferred maintenance.
The assigned elementary and middle schools currently hold lower ratings (4 and 3 respectively), which may be a concern for families prioritizing top-tier public education.
This wonderful Two-story home located in the highly sought after Tustin Meadows community, one of the original towns in Orange County, Tustin is known as the "City of Trees". This home has 4 Bedrooms and 3 bathrooms, a Fireplace in the Conversation Pit, with a Wet Bar area; the Covered Patio is just off of the Living Room and is outstanding for entertaining and enjoying meals al-fresco. This house actually has a Formal Dining Room, which could serve as a Downstairs Bedroom (a 5th Bed Room). As well, there is a 2 car attached Garage and 2 Car Tandem Parking. This inviting home in this quiet neighborhood is 15-25 minutes from sandy beaches, fine dining, shopping and much more, and conveniently located near the CA 261 Toll Road and I-5 Freeway, which allows direct access to Balboa Pier, Corona Del Mar and Huntington Beaches. With all of this charm, the home has entertained a family for years and does need a little bit of paint and polish; so the Seller is motivated to sell, but only will entertain offers from the serious and qualified potential buyer.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.3 mi
Grades K-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,243 | 1,829.5 | 83% |
| Lot Size | 5,135 | 7,414.5 | 18% |
| Price | $1.56M | $1.30M | 85% |
| Price per sq ft | $695 | $706 | 46% |
| Built year | 1970 | 1965 | 75% |
| HOA | $55.0 | $0 | 63% |
| Days on market | 45 | 144 | 11% |
May 1, 2026
$1,559,000
$1,599,900
-3% Price Drop
Initial Listing
Apr 22, 2026
$1,599,900
Initial Listing
Nov 15, 2024
$943,000
Public Record
Nov 20, 2002
$430,000
Public Record