2142 Fallen Leaf, Tustin, California 92780, Tustin, 92780 - 4 bed, 2 bath
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2142 Fallen Leaf
Tustin, California 92780
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
2Baths
1,950Sq Ft
6,300Lot Size
Property Price
LIST PRICE$1,290,000
EST. MARKET VALUE
$1,356,176
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Story Residence represents a Strong Value Opportunity, listed at $1,290,000—positioned well below the $1,356,176 Fair Market Value by 4%. This valuation gap provides $66,176 in Instant Equity. Featuring a Mint Condition Rating with a 2025 roof, copper wiring, and a massive 21'x41' garage, the home offers significant long-term utility. While school ratings are modest, the property’s modern upgrades and quiet cul-de-sac location ensure lasting appeal. This is an ideal acquisition for Owner-Occupants seeking a move-in ready home or Buy-and-Hold Investors.
Estimated Market Value
$1,356,176+$66,176 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Tustin.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2142 Fallen Leaf Subject | $1,290,000* List Price | 4 | 2 | 1,950 | $695 | - |
A 14632 Hyannis Port Sold | $1,450,000 | 3 | 3 | 2,164 | $670 | 0.3 mi |
B 14751 Foxcroft Sold | $1,380,000 | 4 | 2 | 1,684 | $819 | 0.2 mi |
C 2081 Nantucket Place Sold | $1,190,000 | 4 | 2 | 1,950 | $610 | 0.5 mi |
D 14641 Alder Sold | $1,630,000 | 4 | 3 | 2,232 | $730 | 0.3 mi |
E 1782 Green Meadow Sold | $1,400,000 | 4 | 2 | 1,648 | $850 | 0.3 mi |
F 1951 Roanoke Avenue Sold | $1,230,000 | 3 | 2 | 1,634 | $753 | 0.5 mi |
G 1192 Sycamore Avenue Sold | $1,420,000 | 4 | 3 | 2,432 | $584 | 1.0 mi |
H 14822 Foxcroft Active Under Contract | $1,349,000 List Price | 3 | 3 | 1,972 | $684 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a comprehensive recent renovation (under 5 years) including a brand new roof (2025), remodeled kitchen and bathrooms, and critical system upgrades such as copper electrical wiring and a tankless water heater, meeting the criteria for mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Major Infrastructure Upgrades
The property features significant high-value improvements including a brand-new roof (2025), updated copper electrical wiring, and a tankless water heater, offering peace of mind and reduced maintenance costs.
- Exceptional Garage Utility
The oversized 21' x 41' garage is a rare find, providing massive space for a workshop, extensive storage, or multiple vehicles that exceeds standard neighborhood offerings.
- Modernized Single-Story Layout
A remodeled kitchen and updated bathrooms paired with an open floor plan and skylights create a bright, contemporary, and accessible living environment that is move-in ready.
CONSRISKS & DEFICIENCIES
- Modest School Ratings
The assigned elementary and middle schools have lower ratings (4 and 3 respectively), which may be a drawback for families prioritizing high-performing academic districts.
- Standard Lot Dimensions
At 6,300 square feet, the lot size is standard for the area and may feel restrictive for buyers seeking expansive grounds or significant outdoor expansion at this price point.
About 2142 Fallen Leaf
Welcome to 2142 Fallen Leaf Place, a beautifully updated single story home tucked away on a quiet cul-de-sac in one of Tustin’s desirable established neighborhoods. Situated on a large, private lot with a lush backyard, this inviting 4 bedroom, 2 bath residence offers a wonderful combination of comfort, thoughtful upgrades, and indoor outdoor living. Step inside to an open and flowing floor plan filled with natural light and enhanced by beautiful skylights. The remodeled kitchen offers an updated and functional space for everyday living and entertaining, while the updated bathrooms bring a fresh, modern feel to the home. Significant improvements include a brand new roof installed in October 2025 with a long term warranty, updated copper electrical wiring replacing the original aluminum wiring, and a tankless water heater. Gas lines have also been added to both the kitchen and laundry area, providing the flexibility of a gas range and gas dryer. The impressive oversized garage measures approximately 21 feet wide by 41 feet deep, offering exceptional space for vehicles, storage, hobbies, or a workshop. Outside, enjoy the privacy and tranquility of the lush backyard and generously sized lot, providing plenty of room for entertaining, relaxing, gardening, or creating your own outdoor retreat. The property is also connected to Cityside Fiber, offering fiber optic internet speeds of up to 5 Gbps upload and download. With its spacious single story layout, extensive upgrades, large private lot, and peaceful cul-de-sac location, 2142 Fallen Leaf Place offers an exceptional opportunity to enjoy comfortable Southern California living in the heart of Tustin.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 6,300 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $55.0 / Month
Neighborhood Insights
Tustin Unified Schools
W. R. Nelson Elementary School
Grades PK-5 • 0.6 mi
4/10
Tustin Connect Academy
Grades K-8 • 0.7 mi
7/10
A. G. Currie Middle School
Grades 6-8 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,950 | 2,123.589 |
| Lot Size | 6,300 | 6,894.875 |
| Price | $1.29M | $1.45M |
| Price per sq ft | $662 | $714 |
| Built year | 1968 | 1974 |
| HOA | $55.0 | $179 |
| Days on market | 21 | 47 |
Pricing History
Listed for Sale
Aug 19, 2026
$1,290,000
Initial Listing
Sold
Jul 2, 2010
$550,000
Public Record
Sold
Nov 20, 1997
$231,500
Public Record