24 Queens Wreath Way, Irvine, California 92612, Irvine, 92612 - 3 bed, 2 bath
ACTIVE$1,190,000
24 Queens Wreath Way, Irvine, California 92612
3Beds
2Baths
1,494Sqft
4,896Lot
Price Vs. Estimate
The estimated value ($972,098.71) is $217,901.29 (18%) lower than the list price ($1,190,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Top Cons:
As-Is Condition & Potential for Repairs: The property is explicitly sold 'as is, no repairs,' indicating that the buyer will be responsible for all necessary maintenance, repairs, or upgrades, which could require significant immediate investment.
Compared to the nearby listings
Price:$1.19M vs avg $1.40M ($-210,000)17%
Size:1,494 sqft vs avg 1,592 sqft37%
Price/sqft:$797 vs avg $90714%
More Insights
Built in 1965 (60 years old).
Condition: The property, built in 1965, features a contemporary kitchen with quartz countertops and stainless steel appliances, and updated laminate flooring in main living areas. At least one bathroom also shows updated quartz counters. However, the listing explicitly states 'sold as is no repairs,' which, for a home of this age, strongly suggests that major systems (HVAC, plumbing, electrical, roof) may be original or outdated and will require significant investment from the buyer. Other elements, such as the dining room light fixture and some bathroom fixtures, appear dated. While some areas have been updated, the 'as is' clause and the property's age indicate that it requires more than minor updates or repairs to bring all components to modern standards and ensure long-term functionality, fitting the 'Fair' category.
Year Built
1965
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$797
HOA
$219
Days on market
-
Sold On
-
MLS number
OC25140495
Home ConditionFair
Features
Good View: Park/Greenbelt, Neighborhood
ViewPark/Greenbelt, Neighborhood
About this home
Great deal sold as is no repairs! Great cul-de-sac location overlooking Greenbelt in the Village I, University Park (UP) community. spacious and airy single-level family home with 3 bedrooms+2 bathrooms, open living room w/high ceilings. One of the largest lots in community. Master bathroom. quartz counter-top, separate toilet and tub area. Contemporary kitchen with quartz counter-top, built in stainless steel appliances(microwave, gas stove/oven, dishwasher). Low maintenance laminate floor easy to maintain. 2-car attached garage with spacious storage area. Outdoor private atrium opens to kitchen/living room. Great investment opportunity in University High school district. Community amenities include pool, spa/hot tub, picnic areas, outdoor cooking, tennis courts, playground. Convenient access to UCI,405 freeway, John Wayne Airport, Wholesome Choice market, and award winning schools.
Nearby schools
6/10
University Park Elementary School
Public,•K-6•0.4mi
9/10
Rancho San Joaquin Middle School
Public,•7-8•0.7mi
9/10
University High School
Public,•9-12•1.2mi
Condition Rating
Fair
The property, built in 1965, features a contemporary kitchen with quartz countertops and stainless steel appliances, and updated laminate flooring in main living areas. At least one bathroom also shows updated quartz counters. However, the listing explicitly states 'sold as is no repairs,' which, for a home of this age, strongly suggests that major systems (HVAC, plumbing, electrical, roof) may be original or outdated and will require significant investment from the buyer. Other elements, such as the dining room light fixture and some bathroom fixtures, appear dated. While some areas have been updated, the 'as is' clause and the property's age indicate that it requires more than minor updates or repairs to bring all components to modern standards and ensure long-term functionality, fitting the 'Fair' category.
Pros & Cons
Pros
Great Schools: Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Prime Location & School District: Located in a desirable cul-de-sac overlooking a greenbelt, the property benefits from being in the highly-rated University High School district and offers convenient access to UCI, the 405 freeway, John Wayne Airport, and local amenities.
Spacious Single-Level Layout: This spacious and airy single-level family home features an open living room with high ceilings, providing a comfortable and accessible living environment.
Updated Kitchen: The contemporary kitchen has been updated with quartz countertops and built-in stainless steel appliances, including a microwave, gas stove/oven, and dishwasher.
Generous Lot Size & Outdoor Space: Boasting one of the largest lots in the community (4,896 sqft) and an outdoor private atrium that opens to the kitchen/living room, the property offers ample outdoor living potential.
Extensive Community Amenities: Residents have access to a wide array of community amenities, including a pool, spa/hot tub, picnic areas, outdoor cooking facilities, tennis courts, and a playground.
Cons
As-Is Condition & Potential for Repairs: The property is explicitly sold 'as is, no repairs,' indicating that the buyer will be responsible for all necessary maintenance, repairs, or upgrades, which could require significant immediate investment.
High List Price Relative to Estimated Value: The current list price of $1.19 million is substantially higher than the property's estimated value of approximately $972,098, suggesting a potential overvaluation in the current market.
Older Construction & Unspecified System Updates: Built in 1965, the property is an older home. While the kitchen is updated, the description does not specify updates to major systems like HVAC (e.g., central AC is not mentioned and common for homes of this era), plumbing, or electrical, which could lead to future expenses.