
Tustin, California 92782
This Tustin Ranch Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $839,000—positioned well below the $869,541 Fair Market Value by 3%. This valuation gap offers $30,541 in Instant Equity. Featuring a Fair Condition Rating with updated 2021 HVAC systems and a private tree-lined view, the property offers immediate stability with room for cosmetic upgrades. Located in the Tustin Unified school district, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-driven entry into a premium community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2640 Dunstan Subject | $839,000* List Price | 2 | 3 | 1,324 | $648 | - |
A 11045 Alderman Avenue Active | $889,000 List Price | 2 | 3 | 1,324 | $671 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1993 (31 years old) and features dated kitchen and bathroom finishes, including original white tile countertops and surrounds. While the systems are a highlight with a 2021 HVAC and newer water heater, the age and aesthetic of the primary living areas meet the criteria for 'Fair' as they are functional but dated.
Unlike typical townhomes, this unit is positioned on the outer edge of the community, offering peaceful views of a tree-lined walking path rather than facing another building.
Priced at $839,000, the property is strategically listed below current market comparables in Tustin Ranch, providing an attractive entry point for the area.
The home features a 2021 HVAC system and a newer water heater, significantly reducing the immediate risk of high-ticket maintenance costs for the buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1324, other record living area = 1274.
At $591 per month, the association dues are relatively high, which may impact the overall monthly affordability and debt-to-income ratios for some buyers.
The kitchen utilizes white tile countertops, which many modern buyers may consider dated compared to contemporary quartz or granite finishes, potentially requiring an aesthetic upgrade.
Character, charm, and a rare setting in Tustin Ranch — competitively priced below current market at $839,000 2 bed · 2.5 bath · 1,324 sq ft · 2-story · Private garage + carport · Move-in ready Tucked on the outer edge of Cantada, this home offers something most Tustin Ranch townhomes can't — your view out the back is a private tree-lined walking path, not another unit. Quiet, peaceful, and priced below comparable active listings in the community. The entry sets the tone immediately: arched doorway, decorative iron gate, and a soaring open space with real architectural character. Inside, hardwood floors span the entire first floor, 16-foot ceilings soar through the family and dining room, and a wall of windows brings in natural light. A fireplace anchors the family room; the dining area opens to a private patio shaded by a canopy of mature trees. The privacy and tranquility it creates is something you have to see for yourself. The kitchen offers white tile counters, a gas range, abundant cabinet storage, a dinette, newer dishwasher and built-in microwave. Eclectic, curated, and full of personality — this home has a point of view. First floor also includes a guest half-bath, inside laundry, and direct garage access. Both bedrooms have private ensuites with tub/shower combos. The primary suite features dual closets, double vanity, private water closet, and a soaking tub. The layout works equally well for couples, families, or co-buyers. Systems: 2021 HVAC, newer water heater, garage door opener, and garbage disposal. Move in without a list. Cantada's resort-style pool, spa, and BBQ area create an impressive arrival every time you come home. Trash included, landscaping handled. Peters Canyon Regional Park and trails are minutes away — the lock-and-leave lifestyle without sacrificing quality of living. Award-winning Peters Canyon Elementary, Pioneer Middle, and Beckman High nearby. Minutes to The Marketplace, Honda Center, Angel Stadium, Disneyland, and Segerstrom Center. Laguna Beach and Newport Beach are an easy drive. Shows better than it reads — come see it.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,324 | 1,161 |
| Lot Size | 62,709 | 129,743 |
| Price | $839.0K | $755.3K |
| Price per sq ft | $634 | $634 |
| Built year | 1993 | 1979 |
| HOA | $591.0 | $378 |
| Days on market | 41 | 43 |
Jun 11, 2026
$839,000
Initial Listing
May 15, 2015
$471,000
Public Record