2 Mayapple Way, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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Irvine, California 92612
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000—positioned well below the $1,089,710 Fair Market Value by -5%. While the home carries a Condition Rating of 5, its rare single-story layout and corner lot location in a top-tier Irvine Unified school district provide a solid foundation for value-add renovations. With proximity to University High School (9/10) and extensive community amenities, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Mayapple Way Subject | $1,150,000* List Price | 2 | 2 | 1,270 | $858 | - |
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.
Property is extensive renovation needed.
Built in 1967 and described as having 'original personality' and 'tons of potential,' this property appears largely unrenovated. Interior images show dated fixtures, likely popcorn ceilings, and unfinished wall patches, indicating the home requires a significant rehab to address its 50+ year age.
Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Situated in a desirable Irvine greenbelt, the property offers access to top-tier schools like University High and extensive community amenities including multiple pools, dog parks, and walking paths.
As a corner lot sharing only one wall, this home provides enhanced privacy, increased natural light, and a more spacious feel compared to standard units in the neighborhood.
Described as having 'original personality' and 'tons of potential,' the property likely requires significant cosmetic and structural modernization to meet current market standards.
Built in 1967, the home may have aging infrastructure or systems that necessitate additional investment for repairs or upgrades typical of older residential structures.
Conveniently located in the greenbelt of Irvine. This home offers a rare glimpse into Irvine's early beginning. Single story, 2 Bedrooms 2 full Baths, and TONS OF POTENTIAL & original personality! Corner lot, only shares one wall! This Neighborhood is truly the best, quiet and safe! Acres of walking paths, Dog parks, Multiple pools, the amenities go on and on!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,270 | 2,486 |
| Lot Size | 3,515 | 4,950 |
| Price | $1.15M | $2.08M |
| Price per sq ft | $906 | $872 |
| Built year | 1967 | 1999 |
| HOA | $450.0 | $190 |
| Days on market | 4 | 50 |
Jul 18, 2026
$1,150,000
Initial Listing
Feb 27, 2018
$156,000
Public Record