
North Tustin, California 92705
This Value-Add North Tustin Asset represents a High-Potential Investment Opportunity with a List Price of $1,749,000, aligning closely with its $1,747,539 Fair Market Value. Currently holding a Condition Score of 5, the property requires a full-scale renovation but offers massive upside via its 17,826 Sq Ft Cul-de-Sac Lot and 2,679 Sq Ft Floor Plan. Situated in the elite Tustin Unified School District near Tustin Memorial Academy, the location supports high resale demand. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-reward project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2032 Shelterwood Road Subject | $1,749,000* List Price | 4 | 3 | 2,679 | $652 | - |
A 1262 Brittany Cross Rd Sold | $1,655,000 | 4 | 4 | 2,752 | $601 | 1.0 mi |
B 12132 Orvillina Drive Sold | $1,875,000 | 4 | 2 | 2,292 | $818 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in largely original 1960s condition and, as stated in the listing, requires a full-scale renovation. While recent paint and carpet provide a clean appearance, the kitchen and bathrooms feature original cabinetry, tiled countertops, and dated fixtures that do not meet modern standards. The presence of popcorn ceilings, wood-paneled walls, and aged systems indicates a need for substantial rehabilitation and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17826, living area = 2679.
Situated on a generous 0.41-acre lot at the end of a quiet cul-de-sac, the property offers exceptional privacy and ample space for a pool, ADU, or significant footprint expansion.
Located in a highly desirable neighborhood within the Tustin Unified School District, the home is walking distance to Tustin Memorial Academy and minutes from major shopping hubs like the Irvine Marketplace.
The property is in largely original 1960 condition and requires a full-scale renovation, necessitating a significant additional investment of time and capital to bring it to modern standards.
Despite recent paint and carpet, the home lacks contemporary amenities and energy-efficient systems, which may be a drawback for buyers not looking for a major construction project.
Located at the end of a quiet, charming cul-de-sac, 2032 Shelterwood is a rare opportunity for investors or end-users ready to take on a full-scale renovation. Set on an approximately 17,800 sq ft lot (0.41 acres), this 4-bedroom, 3-bath home offers 2,679 square feet of living space with a versatile layout, including two ensuite bedrooms—one of which features the sought-after convenience of being located on the main floor. Built in 1960 and being sold by the same family, the property is largely in original condition. Recently painted with new carpet, it provides a clean slate, but is best suited for someone looking to fully reimagine, redesign, or rebuild to maximize the potential of its exceptional lot and location. The private setting, tucked away from the street with mature landscaping, offers a unique canvas for creating a custom home—whether expanding the existing footprint or designing a resort-style backyard with room for a pool, ADU, or additional outdoor living spaces. Additional features include an attached garage, ample driveway parking, and a premium cul-de-sac position in one of North Tustin’s most desirable spots. Situated within the highly regarded Tustin Unified School District and a short walk to magnate school Tustin Memorial Academy (TMA), the home also benefits from an incredible location bordering Tustin Ranch, with convenient access to nearby shopping, dining, and everyday essentials including Costco, Target, and the Irvine Marketplace. Bring your contractor, your vision, and your plans—this is a true opportunity to transform an incredible piece of property into something exceptional.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,679 | 2,431.5 | 61% |
| Lot Size | 17,826 | 12,395 | 73% |
| Price | $1.75M | $1.70M | 53% |
| Price per sq ft | $653 | $691 | 40% |
| Built year | 1960 | 1962 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 140 | 1% |
Apr 8, 2026
$1,749,000
Initial Listing