17586 Lebanon, Irvine, California 92614, Irvine, 92614 - 5 bed, 3 bath
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Irvine, California 92614
This Extensively Remodeled Single Family Residence is a High-Potential Investment Opportunity, listed at $2,200,000—positioned well below the $2,548,885 Fair Market Value by 13%. This valuation gap offers $348,885 in Instant Equity. Featuring a Condition Rating of 2, the home includes a modern kitchen, expansive loft, and a premium entertainer's backyard. Located in the Irvine Unified School District near University High School, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-value asset in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17586 Lebanon Subject | $2,200,000* List Price | 5 | 3 | 3,300 | $764 | - |
A 5 Cannes Sold | $2,330,000 | 5 | 3 | 2,817 | $827 | 0.5 mi |
B 18 Decente Sold | $2,249,000 | 4 | 3 | 2,662 | $845 | 0.7 mi |
C 3631 Claremont Active | $1,785,000 List Price | 5 | 3 | 2,400 | $744 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been extensively remodeled with a modern kitchen featuring stainless steel appliances, white shaker cabinets, and stone countertops. Interior finishes including recessed lighting, updated flooring, and a primary suite with a large walk-in shower indicate a recent high-end renovation (likely <5 years), making it move-in ready with no immediate maintenance required.
Middle School: Lakeside Middle School (9/10). High School: University High School (9/10).
As the largest 5-bedroom floor plan in the tract, this 3,300 sqft home offers a rare and highly functional configuration with four bedrooms, including the primary suite, conveniently located on the ground floor.
The property features a premium entertainer's backyard with a wraparound yard, a large covered patio with a built-in fireplace and BBQ, a tree house, and a private deck off the kitchen area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3300, other record living area = 2917. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Despite extensive remodeling, the original 1970 construction may mean that some underlying structural or mechanical systems are older compared to newer developments in Irvine.
At a $2.2 million list price, the property is positioned at the higher end for the Culverdale subdivision, which may limit the pool of buyers looking for the typical value associated with this specific neighborhood.
A hidden gem has been revealed! This extensively remodeled home on a quiet cul-de-sac has the most unique features in the community of Culverdale! This is one the LARGEST 5 Bedroom floor plan in this tract. 4 Bedrooms and 2 baths located downstairs, including the Large Primary Bedroom with sitting area, walk in shower and extra large walk in closet! 1 Bedroom and 1 Bath located upstairs with expansive loft areas and office space. Secret door leads you to storage space/play room. 2 car attached garage with direct access. Living Room with cozy fireplace! Walk outside and enjoy this entertainer's backyard with a wraparound yard, large covered patio, with fireplace and BBQ and tree house, perfect for family and entertaining! Deck off kitchen area; perfect for sunning, reading or entertaining! Community Clubhouse is within walking distance includes two pools (adult & kids), spa, basketball/volleyball/tennis courts and play areas for along with a park that has walkways. Award-winning schools, including University High School and close to UCI. Quick access to 405 freeway shopping, restaurants, hiking ,parks and airport. TRULY ONE OF A KIND! No Mello Roos!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 83% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,300 | 1,852 | 96% |
| Lot Size | 7,490 | 4,848 | 87% |
| Price | $2.20M | $1.60M | 78% |
| Price per sq ft | $667 | $885 | 4% |
| Built year | 1970 | 1985 | 4% |
| HOA | $340.0 | $139 | 96% |
| Days on market | 41 | 137 | 9% |
May 4, 2026
$2,200,000
Initial Listing