2 Mayapple Way, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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2 Mayapple Way
Irvine, California 92612
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,270Sq Ft
3,515Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$1,056,050
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000, positioned slightly above the $1,090,264 Fair Market Value. While requiring a full interior rehab due to its Condition Rating of 5, the home offers a rare, single-story corner lot footprint in a prime Irvine greenbelt. Zoned for the prestigious Irvine Unified School District, including University High School (9/10), the asset provides significant long-term value for Buy-and-Hold Investors or Owner-Occupants capable of executing a comprehensive modernization strategy.
Estimated Market Value
$1,056,050
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Mayapple Way Subject | $1,050,000* List Price | 2 | 2 | 1,270 | $832 | - |
A 20 Mandrake Sold | $1,310,000 | 3 | 3 | 1,498 | $874 | 0.1 mi |
B 94 Sequoia Tree Lane Sold | $1,200,000 | 3 | 3 | 1,708 | $703 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1967 and described as having 'original personality,' the property features dated tile flooring, popcorn ceilings, and an original bathroom vanity. The lack of updates over 50+ years and the visible wall AC unit indicate the home needs a full interior rehab and systems modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
- Prime Location & Amenities
Situated in a highly walkable greenbelt area of Irvine, the property offers exceptional access to extensive walking paths, dog parks, and multiple community pools in a quiet, safe neighborhood.
- Top-Tier School District
The home is zoned for the prestigious Irvine Unified School District, including top-rated institutions such as University High School and Rancho San Joaquin Middle School.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
Built in 1967 and described as having 'original personality' and 'potential,' the property likely requires a substantial capital investment to modernize its systems and finishes.
- High Price Point for Condition
At a list price of $1.15M for a 2-bedroom home in original condition, the cost-to-value ratio may be a concern for buyers when factoring in the necessary remodeling expenses.
About 2 Mayapple Way
Rarely available end-position residence in Irvine's University Park. Offering spacious single level floor plan, exceptional privacy and a generous 3,515 SQFT lot. Set along the greenbelt, with acres of shaded paved walking paths, mature trees and landscaping. 2 Mayapple offers one of a kind location, and outdoor setting that can't be recreated through remodeling.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 3,515 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450.0 / Month
Neighborhood Insights
Irvine Unified Schools
University Park Elementary School
Grades K-6 • 0.3 mi
6/10
Rancho San Joaquin Middle School
Grades 7-8 • 1.0 mi
9/10
University High School
Grades 9-12 • 0.7 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,270 | 2,517 |
| Lot Size | 3,515 | 4,991 |
| Price | $1.05M | $2.12M |
| Price per sq ft | $827 | $868 |
| Built year | 1967 | 1999 |
| HOA | $450.0 | $193 |
| Days on market | 53 | 53 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,050,000
$1,150,000
-9% Price Drop
Initial Listing
Price Change
Jul 18, 2026
$1,150,000
Initial Listing
Sold
Feb 27, 2018
$156,000
Public Record