
North Tustin, California 92705
This Spacious Multi-Generational Estate represents a High-Potential Investment Opportunity, listed at $2,895,000—positioned well above the $2,802,411 Fair Market Value by -3%. While requiring modernization, the property features a 4/10 Condition Rating, offering significant upside through cosmetic updates. The expansive 22,216 sq. ft. lot includes a 775 sq. ft. Guest House, pool, and spa, providing rare utility in the Tustin Unified district. This asset is ideal for Value-Add Investors or Owner-Occupants seeking a customizable, large-scale residential compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1632 Se Skyline Drive Subject | $2,895,000* List Price | 5 | 6 | 4,809 | $583 | - |
A 12261 Browning Avenue Sold | $2,860,000 | 5 | 5 | 4,993 | $573 | 0.3 mi |
B 1542 La Loma Sold | $3,100,000 | 3 | 5 | 4,600 | $674 | 0.5 mi |
C 1392 Faren Drive Sold | $2,823,500 | 5 | 4 | 3,738 | $755 | 0.9 mi |
D 1321 El Finito Way Active | $2,795,000 List Price | 5 | 5 | 3,623 | $771 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1950 with partial renovations likely completed 20-25 years ago. The kitchen features dated wood cabinetry and granite, while the laundry room and bathrooms show significant age with older fixtures and wallpaper. The home is functional and move-in ready but requires aesthetic updates and likely system overhauls to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22216, living area = 4809.
Situated on over half an acre of rare level land in North Tustin, this property offers a resort-style backyard with a pool, spa, water slide, and vast lawn area perfect for large-scale entertaining.
The detached 775-square-foot guest house features a kitchenette and full bathroom, providing an ideal space for multi-generational living, a private home office, or potential rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22216, other record lot size in square feet = 27980. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4809, other record living area = 4062.
Built in 1950, the residence may require significant capital investment to modernize systems and finishes to align with contemporary luxury standards.
The floor plan features a single isolated bedroom upstairs while the others are on the main level, which may not suit buyers looking for a traditional or centralized bedroom wing.
Every now and again there is a property that comes along that is just special! So maybe you know someone that is specifically looking for a unique home that isn't readily available in the market. 1632 SE Skyline Drive in North Tustin is that home Situated on just over a half acre of level land, this exceptional property offers space, flexibility, and endless possibilities for everyday living and entertaining. The expansive 4,063-square-foot main residence features five bedrooms, with four conveniently located on the main level and a private upstairs bedroom tucked away at the rear of the home. This upper-level retreat overlooks the backyard and pool area and opens onto its own private deck. Designed for comfortable living, the main home includes a spacious living room, separate family room, formal dining room, well-appointed kitchen, and an attached three-car garage with direct access. Separate from the main residence is a 775-square-foot Guest House/pool house complete with a kitchenette and full bathroom, making it ideal for guests, extended family, a home office, or rental opportunities. Connected under the same roof are a dedicated workshop and an additional storage room, providing exceptional functionality for hobbies, projects, or extra storage. The backyard is equally impressive, featuring a sparkling pool and Spa complete with a diving board and water slide, generous patio areas, and an expansive lawn beyond the pool that is perfect for children's play, outdoor recreation, or hosting large gatherings. The property has served as the backdrop for many memorable celebrations over the years. For those with recreational vehicles or additional toys, a gated side entrance provides convenient access to ample parking for an RV, boat, trailer, or multiple vehicles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.4 |
| Baths | 6.0 | 3.1 |
| Square foot | 4,809 | 2,909.952 |
| Lot Size | 22,216 | 17,063.571 |
| Price | $2.90M | $2.15M |
| Price per sq ft | $602 | $756 |
| Built year | 1950 | 1965 |
| HOA | $0 | $350 |
| Days on market | 41 | 46 |
Jul 30, 2026
$2,895,000
Initial Listing