2 Garden Gate Lane, Irvine, California 92620, Irvine, 92620 - 2 bed, 2 bath
2 Garden Gate Lane
Irvine, California 92620
Property Price
SUMMARY
Analysis of 2 Garden Gate Lane, Irvine, California 92620 reveals a property with a current list price of $1,395,000, which is 5% above the estimated $1,319,419 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Garden Gate Lane Subject | $1,395,000* List Price | 2 | 2 | 1,498 | $881 | - |
A 22 Garden Gate Lane Sold | $1,310,000 | 2 | 2 | 1,498 | $874 | 0.1 mi |
B 55 Essex Active Under Contract | $1,449,900 List Price | 3 | 3 | 1,990 | $729 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1998, this property is well-maintained and move-in ready but shows clear signs of being outdated as it lacks major renovations. The kitchen features original white appliances, tile countertops, and 90s-style cabinetry, while the bathrooms retain builder-grade fixtures from the time of construction. It fits the 'fair' criteria perfectly as a home over 20 years old with no significant updates since it was built.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
- Desirable Single-Story Layout
The rare single-story floor plan provides excellent accessibility and a seamless flow between living spaces, making it highly attractive to a wide demographic of buyers.
- Top-Tier School District
Located within the prestigious Irvine Unified School District, the property offers access to award-winning schools like Northwood High, significantly bolstering long-term value.
CONSRISKS & DEFICIENCIES
- Tandem Garage Layout
The 2-car tandem garage configuration is less convenient than a side-by-side setup, as it requires moving one vehicle to access the other.
- Limited Formal Bedrooms
With only two formal bedrooms, the property may face competition from larger homes in the same price bracket that offer more traditional sleeping quarters for growing families.
About 2 Garden Gate Lane
SINGLE-STORY CHARMING HOME LOCATED IN THE DESIRABLE GLENNEYRE LANES COMMUNITY OF NORTHWOOD! Step inside this quaint property and immediately notice the open, spacious living spaces, highlighted by a multitude of large windows that let in exceptional natural light. The living area features a cozy fireplace with a mantel and is connected to the dining area and kitchen, perfect for entertaining guests. The classic chef-inspired kitchen features clean appliances and ample cabinetry for storage. The primary suite boasts an arched entrance leading to the ensuite bathroom with a soak-in tub and a separate standalone shower, and includes a spacious walk-in closet and double doors leading out to the serene backyard. The outdoor backyard space is private and spacious, a perfect place to entertain guests. Total 2 bedrooms plus a den space perfect for a home office or study space. Side-by-side washer and dryer conveniently located inside the unit. Direct access 2-car tandem garage. The community offers a pool, spa, BBQ, playground, and much more. Conveniently located near award-winning Irvine schools, shopping centers, markets, and restaurants. Easy access to the 5 freeway and toll roads.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 3,826 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $129.0 / Month
Neighborhood Insights
Irvine Unified Schools
Canyon View Elementary School
Grades K-6 • 0.3 mi
Sierra Vista Middle School
Grades 7-8 • 1.1 mi
Northwood High School
Grades 9-12 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 2.0 | 3.0 | 9% |
| Square foot | 1,498 | 2,535 | 6% |
| Lot Size | 3,826 | 5,000 | 23% |
| Price | $1.40M | $1.95M | 6% |
| Price per sq ft | $931 | $837 | 81% |
| Built year | 1998 | 1996 | 54% |
| HOA | $129.0 | $135 | 46% |
| Days on market | 4 | 186 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,395,000
Initial Listing
Sold
Jul 5, 2000
$320,000
Public Record
Sold
May 26, 1999
$219,000
Public Record
Sold
May 27, 1998
$219,000
Public Record