
Irvine, California 92620
This property presents a High-Potential Investment Opportunity with a List Price of $1,800,000—positioned slightly above the $1,798,865 Fair Market Value. While the equity gap is neutral, the home’s Condition Rating of 4 and the need for a full remodel provide a clear path for forced appreciation. Located in the prestigious Northwood neighborhood, the property is served by top-tier schools like Northwood High (9/10). This is a strategic acquisition for Value-Add Investors or Owner-Occupants looking to customize a spacious 2,951 sqft residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 Castillo Subject | $1,800,000* List Price | 4 | 3 | 2,951 | $610 | - |
A 26 Alegria Sold | $1,885,000 | 4 | 3 | 2,400 | $785 | 0.2 mi |
B 18 Harrisburg Sold | $1,820,000 | 4 | 3 | 2,515 | $724 | 0.9 mi |
C 13 Recodo Sold | $2,000,000 | 4 | 3 | 3,264 | $613 | 0.8 mi |
D 4 Carson Sold | $1,650,000 | 4 | 3 | 2,586 | $638 | 1.0 mi |
E 7 Nantucket Sold | $1,900,000 | 4 | 3 | 2,515 | $755 | 0.9 mi |
F 54 Turnbury Lane Sold | $1,750,000 | 4 | 4 | 2,402 | $729 | 1.0 mi |
G 4051 Salacia Sold | $1,800,000 | 4 | 3 | 2,508 | $718 | 0.6 mi |
H 46 Middlebury Sold | $1,580,000 | 3 | 3 | 2,275 | $695 | 0.9 mi |
I 16 Alegria Active | $1,998,800 List Price | 5 | 3 | 2,864 | $698 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the home is over 45 years old and the listing description explicitly invites a 'full remodel.' While some interior elements like flooring and paint appear maintained, the cabinetry and overall aesthetic are dated (>20 years), fitting the criteria for a property needing updates.
Elementary School: Santiago Hills Elementary School (9/10). Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
Situated in one of Irvine's most established and sought-after neighborhoods, the property offers a settled community feel with immediate proximity to parks, shopping, and major Orange County freeways.
The home is served by top-tier institutions including Northwood High and Sierra Vista Middle, both boasting a rating of 9, making it a premier choice for families prioritizing education.
The property is marketed as needing a 'light refresh or full remodel,' indicating that the 1978 construction likely requires significant capital investment to meet modern aesthetic standards.
The listing explicitly notes a lack of views, which may limit the property's competitive appeal compared to other high-end residences in the Irvine market that offer hillside or city light vistas.
There's a lot to love about this one. Tucked into Irvine's established Northwood neighborhood, this property gives you ample space to spread out in four bedrooms, three baths, and a floor plan that just makes sense for everyday life. Walk the streets here and you'll feel it: settled, welcoming, the kind of place people stay for years. Northwood has long been one of Irvine's most sought-after pockets, and it's easy to see why top-rated schools, parks just minutes away, and easy access to shopping, dining, and the freeways that get you anywhere in Orange County in no time. This home is ready for its next chapter. Bring your vision, whether that's a light refresh or a full remodel, the bones are here, the location is unbeatable, and opportunities like this in Northwood don't come around often. A rare chance to plant roots in one of Irvine's most established neighborhoods.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,951 | 2,517 |
| Lot Size | 5,212 | 4,991 |
| Price | $1.80M | $2.12M |
| Price per sq ft | $610 | $868 |
| Built year | 1978 | 1999 |
| HOA | $150.0 | $193 |
| Days on market | 15 | 53 |
Aug 25, 2026
$1,800,000
Initial Listing