
North Tustin, California 92705
This Mediterranean Single Family Residence is a High-Potential Investment Opportunity, listed at $1,800,000—positioned well below the $2,089,523 Fair Market Value by 13%. This valuation gap offers $289,523 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, Saltwater Pool, and City Light Views. Located in the Orange Unified School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, high-utility lot in North Tustin.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18958 Fowler Avenue Subject 4 bd · 4 ba · 3,650 sqft · $572 | $1,800,000* List Price | 4 | 4 | 3,650 | $572 | - |
A 19242 Barrett Lane Pending 4 bd · 4 ba · 2,601 sqft · $596 · 0.4 mi | $1,550,000 List Price | 4 | 4 | 2,601 | $596 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1973, the property has undergone significant renovations likely within the 10-15 year range. The kitchen features granite countertops and stainless steel appliances, and the exterior includes a well-maintained saltwater pebble-finish pool. The home is move-in ready, functional, and shows pride of ownership despite some dated cabinetry styles.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18731, living area = 3530.
The nearly 19,000-square-foot flat lot is a rare find in the hilly Panorama Heights area, providing a versatile outdoor space with a saltwater pool, spa, and dedicated RV parking.
The thoughtful floor plan places all four bedrooms on the main level, offering a highly desirable layout for buyers seeking long-term accessibility and multi-generational convenience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18731, other record lot size in square feet = 18579. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3530, other record living area = 3650.
Built in 1973, the property may require further aesthetic or system updates beyond the kitchen to fully align with modern luxury buyer expectations.
Located within the Orange Unified School District, the property may face competition from nearby North Tustin homes situated within the highly sought-after Tustin Unified boundaries.
Discover this custom Mediterranean home in the desirable Panorama Heights area of North Tustin, situated on an approximately 18,731-square-foot lot with an expansive, flat, usable yard and beautiful city-light views. Offering approximately 3,650 square feet of living space, the home features an open and spacious floor plan with four bedrooms, all conveniently located on the main level, and 3.5 bathrooms. The impressive great room showcases soaring beamed ceilings and a grand fireplace, creating a dramatic yet inviting centerpiece for the home. The kitchen features granite countertops, an oversized center island, stainless steel appliances including double ovens, and travertine flooring. The kitchen opens directly to the family room, making the space ideal for everyday living and entertaining. The primary suite offers its own wood-burning fireplace, private veranda, generous walk-in cedar closet, and a spacious double shower. A separate game and entertainment room with a wet bar extends the living space and opens directly to the backyard. Designed for indoor-outdoor living, the property features a heated saltwater pebble-finish pool and spa, along with generous deck and patio areas. The large, level yard provides exceptional usable outdoor space with plenty of room to enjoy, entertain, or create something special. Parking is plentiful with a three-car attached garage, dedicated RV parking, and additional driveway space. Best of all, there is no HOA. Conveniently located near a neighborhood park and within the Orange Unified School District, including Panorama Elementary, Santiago Middle School, and El Modena High School.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.4 |
| Baths | 4.0 | 3.2 |
| Square foot | 3,650 | 2,850.771 |
| Lot Size | 18,731 | 17,262.375 |
| Price | $1.80M | $2.17M |
| Price per sq ft | $493 | $754 |
| Built year | 1973 | 1965 |
| HOA | $0 | $387 |
| Days on market | 26 | 52 |
Sep 29, 2026
$1,800,000
Initial Listing
Sep 30, 2013
$1,100,000
Public Record