
Irvine, California 92604
This Single Family Residence represents a Strong Value Opportunity, listed at $1,399,999—positioned well below the $1,471,201 Fair Market Value by 4%. This valuation gap provides $71,202 in Instant Equity. With a Condition Rating of 4, the home features a newer roof and renovated bath, while offering an open slate for kitchen modernization. Located in the Irvine Unified School District near top-rated schools, this property is an ideal acquisition for Owner-Occupants or Value-Add Investors seeking long-term appreciation in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14781 Deer Park Subject | $1,399,999* List Price | 4 | 3 | 1,762 | $835 | - |
A 14701 Doncaster Road Sold | $1,570,000 | 4 | 3 | 1,800 | $872 | 0.9 mi |
B 4161 Old Mill St Sold | $1,475,000 | 3 | 2 | 1,448 | $1,019 | 0.2 mi |
C 7 Timberline Sold | $1,651,500 | 3 | 2 | 1,906 | $866 | 0.9 mi |
D 4862 Gainsport Active Under Contract | $1,200,000 List Price | 4 | 3 | 1,699 | $706 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this 50+ year old home has received recent cosmetic 'refresh' updates including paint, bedroom flooring, and one renovated bathroom. However, the kitchen remains dated with older white appliances, and the backyard is currently unfinished dirt/dry grass. The listing's emphasis on an 'open slate' and 'opportunity to customize' confirms it needs further modernization to meet current standards.
The property is ideally situated within a short walking distance to top-rated Irvine Unified schools and the Heritage Plaza Shopping Center, offering rare convenience in a premier neighborhood.
The generous 7,200 sqft lot features a park-like backyard that provides ample space for outdoor entertaining, gardening, or the potential construction of an Accessory Dwelling Unit (ADU).
With a newer roof, fresh interior and exterior paint, and a fully renovated hall bathroom, the home offers a solid foundation for buyers looking to customize their space without immediate major repairs.
Marketed as an 'open slate,' the home likely requires additional capital investment to update the kitchen and remaining living areas to meet modern luxury standards.
The property does not offer any significant views, which may be a drawback for buyers comparing it to other premium listings in the Irvine area that feature park or city light vistas.
Welcome to the highly desirable Greentree community of Irvine, offering incredible value and a rare opportunity to make this home truly your own in one of Irvine’s most sought-after neighborhoods. This home presents the perfect open slate for buyers looking to customize their ideal living space while building long-term value in a premier location. Step inside to an inviting entryway with vaulted ceilings and a light and bright interior, enhanced by large windows throughout the formal living room, family room, and kitchen. The formal living room features a marble-accent fireplace, creating a warm focal point for the home. The functional kitchen offers tile flooring, plenty of cabinet space, and a layout that opens comfortably to the dining and living area. Fresh new updates include interior and exterior paint, updated flooring in the bedrooms, updated light fixtures, and a newer roof. Upstairs features three well-sized bedrooms along with a fully renovated hall bathroom complete with tile flooring, contemporary sink and light fixtures, and a brand-new shower/tub combo. The primary bedroom suite offers double closets along with its own private balcony, creating a comfortable retreat with added outdoor space and natural light. The park-like backyard creates an entertainer’s dream with room for outdoor gatherings, gardening or even future expansion of a possible ADU. Whether you are looking to renovate gradually or fully transform the property, the possibilities here are tremendous. Greentree Community amenities include a large community park, playground area, basketball courts, and a community swimming pool. This property offers amazing walkability with close proximity to Heritage Plaza Shopping Center, highly rated Irvine High School, Venado Middle School, and Greentree Elementary — all just within a short few-minute walk from the home. Ideally located near Irvine Valley College with convenient access to both the 5 Freeway and 261 Toll Road, providing excellent connectivity throughout Orange County. Competitively priced, this property offers outstanding value in an amazing location and represents one of the best opportunities currently available in Irvine!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades 7-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,762 | 1,825.5 | 44% |
| Lot Size | 7,200 | 5,000 | 94% |
| Price | $1.40M | $1.57M | 28% |
| Price per sq ft | $795 | $851 | 36% |
| Built year | 1973 | 1974 | 47% |
| HOA | $108.0 | $147 | 44% |
| Days on market | 0 | 122 | 8% |
May 25, 2026
$1,399,999
Initial Listing