23 Red Coat Place, Irvine, California 92602, Irvine, 92602 - 4 bed, 3 bath
23 Red Coat Place
Irvine, California 92602
Property Price
SUMMARY
Analysis of 23 Red Coat Place, Irvine, California 92602 reveals a Fairly Priced Property with a current list price of $1,899,000 aligned with the estimated $1,899,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 23 Red Coat Place Subject | $1,899,000* List Price | 4 | 3 | 2,287 | $830 | - |
A 20 Bodega Bay Sold | $1,980,000 | 4 | 3 | 2,113 | $937 | 0.8 mi |
B 59 Boulder Creek Way Sold | $1,550,000 | 3 | 3 | 2,004 | $773 | 0.1 mi |
C 21 Tradition Place Sold | $1,750,000 | 4 | 3 | 2,545 | $688 | 0.2 mi |
D 19 Vacaville Sold | $2,125,800 | 4 | 3 | 2,405 | $884 | 0.4 mi |
E 34 Sebastian Sold | $2,250,000 | 4 | 3 | 2,560 | $879 | 0.3 mi |
F 6 Napa Active | $2,280,000 List Price | 4 | 4 | 2,662 | $856 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1997, this home is well-maintained with functional systems and a desirable pool/spa. However, the kitchen features dated oak cabinets, tile countertops, and tile backsplash, despite having stainless steel appliances. Bathrooms also show signs of being outdated with older vanity styles, light fixtures, and tile choices. While clean and move-in ready, the property requires minor updates to the kitchen and bathrooms to align with current styles, fitting the 'fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Irvine Location & Accessibility
Strategically located minutes from parks, top-tier shopping, dining, and offering easy access to the 5 Freeway and CA-261 toll road, ensuring convenience for daily commutes and leisure activities.
- Top-Rated School District
Situated within one of Orange County’s most highly-regarded school districts, including Arnold O. Beckman High (rated 8) and Pioneer Middle (rated 8), making it exceptionally attractive for families.
- Private Backyard Oasis with Pool & Spa
Features a desirable private backyard retreat complete with a sparkling pool and soothing spa, perfect for relaxation, entertaining, and enjoying the California climate.
CONSRISKS & DEFICIENCIES
- Significant Price Volatility
The property has undergone multiple substantial price adjustments, starting at $2.1M and fluctuating, which may indicate challenges in market valuation or prolonged time on market.
- Potential for Updates (Built 1997)
Built in 1997, the property's age suggests that while well-maintained, certain interior elements (e.g., kitchen, bathrooms, flooring) may require modernization to align with current luxury market expectations.
- Standard Lot Size & Lack of Premium View
With a lot size of 4259 sqft, it's a standard size for the area, and the absence of a specific 'view' (as indicated by 'None') might be a comparative drawback for buyers seeking premium outdoor space or scenic vistas.
About 23 Red Coat Place
New range pricing $1,699,888 - $1,899,000. Welcome to your dream home in the heart of Irvine! This spacious 4-bedroom, bonus room can be converted to 2 other bed rooms, 3-bathroom single-family residence offers a perfect combination of comfort, style, and prime location. The main floor features a full bedroom and bathroom, perfect for guests, extended family, or a private home office. Upstairs, you'll find a generous bonus room that can be used as a playroom, media space, or additional bedroom. The bright and open layout is designed for both entertaining and everyday living. Step outside to your private backyard retreat, complete with a sparkling pool and soothing spa—perfect for relaxing weekends or hosting summer gatherings. With no HOA, you’ll enjoy the freedom to truly make this home your own. Nestled within one of Orange County’s top-rated school districts. Located just minutes from parks, top-tier shopping, dining, and with easy access to the 5 Freeway and CA-261 toll road, this home offers the best of Irvine living. Don’t miss your chance to own this exceptional property in one of Orange County’s most sought-after communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 4,259 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Irvine Unified Schools
Myford Elementary School
Grades PK-5 • 0.4 mi
Pioneer Middle School
Grades 6-8 • 1.0 mi
Tustin Connect Academy
Grades K-8 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 41% |
| Square foot | 2,287 | 3,056 | 11% |
| Lot Size | 4,259 | 4,787 | 33% |
| Price | $1.90M | $2.72M | 8% |
| Price per sq ft | $830 | $946 | 20% |
| Built year | 1997 | 2016 | 7% |
| HOA | $0 | $345 | 8% |
| Days on market | 228 | 171 | 80% |
Pricing History
Listed for Sale
Oct 17, 2025
$1,899,000
$1,949,000
-3% Price Drop
Initial Listing
Price Change
Sep 20, 2025
$1,949,000
$1,899,731
+3% Price Increase
Initial Listing
Price Change
Aug 21, 2025
$1,899,731
Initial Listing
Price Change
Jul 22, 2025
$2,100,000
Initial Listing