
Irvine, California 92612
This Single-Family Residence is a Strong Value Opportunity, listed at $1,299,800—positioned well below the $1,367,834 Fair Market Value by 4%. This valuation gap offers $68,034 in Instant Equity. Featuring a Good Condition Rating with a newer roof and HVAC, the home offers Direct Park Access and is zoned for Top-Rated Schools like University High. This property balances lifestyle comfort with financial upside, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, well-maintained home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24 Rockrose Way Subject | $1,299,800* List Price | 3 | 2 | 1,494 | $916 | - |
A 17361 Sandalwood Sold | $1,290,000 | 3 | 2 | 1,532 | $842 | 0.9 mi |
B 16 Palmento Sold | $1,410,000 | 3 | 3 | 1,749 | $806 | 0.2 mi |
C 48 Willow Tree Lane Sold | $1,488,000 | 3 | 3 | 1,708 | $871 | 0.5 mi |
D 26 Seton Active | $1,450,000 List Price | 3 | 2 | 1,494 | $971 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1966, the property is well-maintained and move-in ready with key system upgrades including a newer roof, HVAC, and updated windows. The interior features modern laminate flooring and recessed lighting throughout. While the kitchen cabinetry and tile countertops are dated, the overall condition and functional updates align with the 'Good' criteria.
Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Situated in the highly desirable University Park community, this home is zoned for the award-winning Irvine Unified School District, including the top-rated University High School.
The property features a rare and unique backyard layout with direct gated access to a lush greenbelt and park, providing an expansive and private extension of the outdoor living space.
Built in 1966, the property may require additional updates to its original infrastructure or layout to align with the preferences of buyers seeking modern new-build standards.
At 1,494 square feet, the living space is relatively compact for a three-bedroom home, which may be a constraint for families requiring larger common areas or dedicated home offices.
Tucked at the end of a quiet cul-de-sac in the highly sought-after University Park community of Irvine, this beautifully maintained single-story residence offers a rare blend of privacy, functionality, and indoor-outdoor living. Thoughtfully designed with over 1,494 sq ft of living space, the home features 3 bedrooms and 2 bathrooms with an open, airy layout highlighted by vaulted ceilings, abundant natural light, and a welcoming living room anchored by a fireplace and skylight. The seamless flow creates an ideal setting for both everyday living and entertaining. A standout feature is the covered private interior courtyard—an inviting retreat that enhances the home’s natural light and provides a valuable flex space or tranquil space for relaxation. The spacious primary suite offers direct access to the backyard along with dual closets, while the en-suite bath includes dual vanities and tasteful finishes. Outside features a unique backyard setting with direct gated access to a large, private, lush greenbelt and park, offering an extension of your outdoor space and a level of openness rarely found in the neighborhood. The oversized driveway and direct-access two-car garage provide added convenience and flexibility, with potential for future customization. Recent improvements include updated windows, a newer roof and HVAC system, and modern recessed lighting throughout with dimmer controls. Residents enjoy access to University Park’s exceptional HOA amenities, including pools, spas, tennis and pickle ball courts, parks, playgrounds, and clubhouse facilities. Ideally located within the award-winning Irvine Unified School District and University Highschool. Your just minutes from premier shopping, dining, and world-class beaches! This home presents an incredible opportunity to enjoy the best of Irvine living. Hurry this one is a keeper!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,494 | 1,749 | 21% |
| Lot Size | 4,928 | 4,230 | 62% |
| Price | $1.30M | $1.52M | 24% |
| Price per sq ft | $870 | $903 | 41% |
| Built year | 1966 | 1974 | 10% |
| HOA | $190.0 | $245 | 48% |
| Days on market | 31 | 122 | 3% |
May 6, 2026
$1,299,800
Initial Listing
Oct 12, 2021
$846,000
Public Record
Mar 9, 2009
$430,000
Public Record
Aug 29, 2003
$420,000
Public Record
Aug 29, 2002
$378,000
Public Record
Jul 1, 1999
$220,000
Public Record