17 Morning Dew, Irvine, California 92603, Irvine, 92603 - 4 bed, 3 bath
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Irvine, California 92603
This Single Family Residence represents a Strong Value Opportunity, listed at $2,499,000—positioned well below the $2,764,026 Fair Market Value by 9%. This valuation gap offers $265,026 in Instant Equity. With a Fair Condition Rating, the home features recent cosmetic updates but invites further modernization of wet rooms. Located in the elite Irvine Unified School District near top-rated schools like Turtle Rock Elementary, this property offers a rare, expansive 8,780 sqft lot with scenic Trees/Woods views. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 Morning Dew Subject | $2,499,000* List Price | 4 | 3 | 2,423 | $1,141 | - |
A 19512 Sierra Mia Road Sold | $2,950,000 | 4 | 3 | 2,286 | $1,290 | 0.9 mi |
B 20 Southern Wood Sold | $2,300,000 | 3 | 2 | 1,898 | $1,212 | 0.8 mi |
C 5066 Berean Lane Sold | $2,500,000 | 4 | 3 | 2,046 | $1,222 | 0.4 mi |
D 12 Flintridge Sold | $2,750,000 | 4 | 3 | 2,441 | $1,127 | 0.9 mi |
E 37 Hillgrass Sold | $2,400,000 | 2 | 2 | 1,898 | $1,264 | 1.0 mi |
F 19012 Antioch Active Under Contract | $2,520,000 List Price | 4 | 3 | 2,120 | $1,189 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the home has received recent cosmetic 'lipstick' updates including new LVP flooring and fresh interior paint. However, the bathrooms remain dated with older cabinetry and tile work. The presence of exposed HVAC ducting in a bedroom closet and the overall age of the structure (>40 years) without a comprehensive systems overhaul places it in the fair category, as it requires further modernization of wet rooms and potentially core systems.
Elementary School: Turtle Rock Elementary School (9/10). Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
The property is served by top-rated institutions including University High School and Turtle Rock Elementary, both boasting 9/10 ratings, which significantly bolsters long-term property value and family appeal.
At 8,780 square feet, the lot is considerably larger than many standard Irvine parcels, offering rare privacy and substantial outdoor space in the highly sought-after Turtle Rock area.
Built in 1976, the home may require capital improvements to modernize its systems and floor plan to meet the expectations of contemporary luxury buyers.
With a list price exceeding $1,000 per square foot, the property sits at a high valuation point that may limit the pool of buyers looking for more interior square footage at this price level.
Exceptional opportunity in Irvine. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,423 | 2,486 |
| Lot Size | 8,780 | 4,950 |
| Price | $2.50M | $2.08M |
| Price per sq ft | $1.0K | $872 |
| Built year | 1976 | 1999 |
| HOA | $158.4 | $190 |
| Days on market | 6 | 50 |
Jul 16, 2026
$2,499,000
Initial Listing
May 31, 2016
$1,608,000
Public Record
May 2, 2014
$1,360,000
Public Record
Aug 9, 2004
$1,010,000
Public Record