251 Gallery, Tustin, California 92782, Tustin, 92782 - 3 bed, 3 bath
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251 Gallery
Tustin, California 92782
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,307Sq Ft
1,000Lot Size
Property Price
LIST PRICE$899,900
EST. MARKET VALUE
$972,113
7% BelowMARKET VALUE
SUMMARY
This Move-In Ready Townhome is a Strong Value Opportunity, listed at $899,900—positioned well below the $972,114 Fair Market Value by 7%. This valuation gap offers $72,214 in Instant Equity for the buyer. Featuring a nearly new kitchen, LVP flooring, and full PEX repiping, the property maintains an Excellent Condition Rating. Located in the prestigious Tustin Unified district, this corner unit offers a private patio and access to premium community amenities. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey lifestyle.
Estimated Market Value
$972,113+$72,213 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 |
|---|---|---|---|---|---|---|
★ 251 Gallery Subject | $899,900* List Price | 3 | 3 | 1,307 | $744 | - |
A 2960 Champion Way 2301 Sold | $860,000 | 2 | 2 | 1,047 | $821 | 0.3 mi |
B 2493 Tequestra Sold | $1,100,000 | 2 | 3 | 1,772 | $621 | 0.1 mi |
C 12680 Homestead Sold | $1,100,000 | 3 | 3 | 1,472 | $747 | 0.5 mi |
D 234 Gallery Sold | $875,000 | 3 | 3 | 1,286 | $680 | 1.0 mi |
E 2444 Sunningdale Sold | $920,000 | 2 | 3 | 1,035 | $889 | 0.7 mi |
F 259 Gallery Way Active Under Contract | $845,500 List Price | 2 | 3 | 1,154 | $733 | 0.0 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.
Although built in 1990, the property features a nearly new kitchen and LVP flooring (consistent with <5y reno criteria). Crucially, the plumbing system has been fully upgraded with PEX repiping, and the listing confirms a move-in ready status with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Corner Unit Layout
The corner location provides superior privacy and increased natural light through additional windows, featuring a highly desirable three-bedroom floor plan that is rare for the Shadow Canyon community.
- Significant Capital Improvements
The property is move-in ready with a nearly new kitchen, updated LVP flooring, and a full PEX repipe, offering buyers long-term infrastructure reliability and modern aesthetic appeal.
- Prime Tustin Ranch Location
Ideally situated near top-rated schools, Tustin Ranch Golf Course, and Peters Canyon, this location offers high lifestyle value with easy access to premium shopping and outdoor recreation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1000, other record lot size in square feet = 360908.
- High Monthly HOA Dues
The association fee of $509 per month represents a significant recurring expense that may impact the debt-to-income ratio for some prospective buyers.
- Compact Living Dimensions
At 1,307 square feet for a three-bedroom residence, the interior living spaces and bedrooms may feel somewhat constrained compared to detached single-family alternatives in the same price bracket.
About 251 Gallery
Rare 3-Bedroom Corner Unit in Shadow Canyon — Nearly new Kitchen, half bath, and LVP downstairs. Fully Repiped with PEX! Opportunities like this do not come up often. This 3-bedroom, 2.5-bath corner townhome in the highly sought-after Shadow Canyon community offers 1,307 sq ft and one of the most desirable layouts in Tustin Ranch. The corner location provides more windows, natural light, and privacy. The open main level flows from the kitchen to the dining and living areas, with a private patio perfect for morning coffee or evening downtime. Upstairs features a true primary suite with a walk-in closet and en-suite bath, plus two additional bedrooms — a rare find in this area. Additional highlights include a dedicated laundry room, two parking spaces, including one private garage and one dedicated carport right in front of the unit, 2 pools, 3 spas, gym, and beautifully maintained grounds. Tustin Ranch is a can't-miss location near top-rated schools, Tustin Ranch Golf Course, several community parks, Peters Canyon Regional Park, Marketplace shopping, and dining. 3-bedroom corner units in Tustin Ranch are extremely limited — and this one is move-in ready.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 1,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $509.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,307 | 1,182.891 |
| Lot Size | 1,000 | 151,923.37 |
| Price | $899.9K | $767.5K |
| Price per sq ft | $689 | $653 |
| Built year | 1990 | 1986 |
| HOA | $509.0 | $390 |
| Days on market | 22 | 50 |
Pricing History
Listed for Sale
Aug 18, 2026
$899,900
Initial Listing
Sold
Dec 20, 2000
$219,000
Public Record