21 Queens Wreath, Irvine, California 92612, Irvine, 92612 - 4 bed, 3 bath

21 Queens Wreath, Irvine, California 92612 home-pic-0

21 Queens Wreath

Irvine, California 92612

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,346Sq Ft
3,680Lot Size

Property Price

LIST PRICE$1,499,000
EST. MARKET VALUE
$1,678,115
10% BelowMARKET VALUE

SUMMARY

Analysis of 21 Queens Wreath, Irvine, California 92612 reveals a Prime Investment Opportunity with a current list price of $1,499,000—significantly undercutting the $1,678,115 Fair Market Value by 10%. This valuation gap indicates a +$179,115 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$1,678,115 +$179,115 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Irvine.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
21 Queens Wreath
Subject
$1,499,000*
List Price
432,346$715-
A
18 Meadowsweet Way
Sold
$1,927,800432,920$6600.6 mi
B
20 Mayapple Way
Sold
$1,560,000431,896$8230.6 mi
C
2 Shasta
Active
$1,799,500
List Price
332,252$7990.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1965, the property has undergone an extensive recent renovation that meets current modern standards. Key features include a completely remodeled kitchen with quartz countertops and stainless steel appliances, renovated bathrooms, luxury vinyl plank flooring, and significant system upgrades such as fully paid solar, a newer urethane roof, and updated A/C.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).

  • Extensive Modern Upgrades

    The home features a comprehensive remodel including a contemporary kitchen with quartz countertops, renovated bathrooms, luxury vinyl plank flooring, and dual-pane windows, ensuring a move-in-ready experience.

  • High Energy Efficiency

    Equipped with fully paid solar panels, an upgraded urethane roof, and a newer A/C system, the property offers significant long-term utility cost savings and enhanced sustainability.

CONSRISKS & DEFICIENCIES

  • Limited Lot Size

    With a lot size of approximately 3,680 square feet, the outdoor space is relatively compact for a 2,346 square foot home, which may restrict buyers seeking a large private backyard.

  • Mid-Century Era Constraints

    Despite the high-quality renovations, the 1965 construction may still reflect some original structural or layout characteristics that differ from modern open-concept new builds.

About 21 Queens Wreath

Welcome to this beautiful, remodeled 4-bedroom, 2.5-bath home in University Park, Irvine, offering 2,346 square feet of well-designed living space. The open floor plan provides a comfortable layout for everyday living and entertaining, with a living room fireplace, spacious family room, formal dining area, and a modern kitchen featuring white cabinetry, quartz countertops, a full backsplash, stainless steel appliances, and ample storage. Upstairs, the primary suite includes a sitting area, fireplace, and walk-in closet. Two additional oversized bedrooms and each offer additional flexible retreat spaces! The bathrooms have been renovated, and recent improvements include updated A/C, dual-pane windows, luxury vinyl plank flooring, fully paid solar, and an upgraded urethane roof. The backyard features low-maintenance artificial turf and space for outdoor gatherings. A convenient walkway, just behind the home, provides access to nearby parks and walking trails. Community amenities include pools, parks, and tennis courts. The local schools—University Park Elementary School, Rancho San Joaquin Middle School, University High School, and the University of California, Irvine—are excellent! This great home has easy access to the 405 and is located just minutes from Laguna Beach and Newport Beach, as well as world-renowned shopping and dining.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1965
Lot Size
3,680 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$190.0 / Month

Neighborhood Insights

Irvine Unified Schools

University Park Elementary School

Grades K-6 • 0.4 mi

6/10

Rancho San Joaquin Middle School

Grades 7-8 • 0.8 mi

9/10

University High School

Grades 9-12 • 1.2 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
68%
Baths3.03.0
50%
Square foot2,3461,853
73%
Lot Size3,6804,394
36%
Price$1.50M$1.47M
50%
Price per sq ft$639$911
5%
Built year19651974
14%
HOA$190.0$294
36%
Days on market10191
5%

Pricing History

Listed for Sale

Feb 25, 2026

$1,499,000

Initial Listing

Sold

Jul 27, 2018

$885,000

Public Record

Sold

May 1, 2017

$670,000

Public Record

Sold

Mar 23, 2017

$638,000

Public Record

Sold

Dec 24, 2001

$341,000

Public Record

Sold

Nov 27, 1995

$215,000

Public Record

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