
Irvine, California 92603
This Turtle Ridge Condominium represents a Strong Value Opportunity, listed at $1,490,000—positioned above the $1,442,025 Fair Market Value. While currently tenant-occupied, the property features a Fair Condition Rating with original finishes, offering significant potential for cosmetic modernization. Residents benefit from Top-Rated Schools like University High and a prime location with City Lights and Canyon Views. This residence is an ideal acquisition for Buy-and-Hold Investors seeking a stable asset or Owner-Occupants looking to personalize a premium Irvine home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31 Gingerwood Subject 3 bd · 2 ba · 1,859 sqft · $776 | $1,490,000* List Price | 3 | 2 | 1,859 | $776 | - |
A 34 Gingerwood Sold 2 bd · 2 ba · 1,586 sqft · $858 · 0.0 mi | $1,360,000 | 2 | 2 | 1,586 | $858 | 0.0 mi |
B 234 Lonetree Sold 2 bd · 2 ba · 1,533 sqft · $835 · 0.1 mi | $1,280,000 | 2 | 2 | 1,533 | $835 | 0.1 mi |
C 231 Lonetree Active 3 bd · 2 ba · 1,859 sqft · $753 · 0.1 mi | $1,399,000 List Price | 3 | 2 | 1,859 | $753 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'Fair' category. While the home is well-maintained and functional, the kitchen and bathrooms feature original finishes (honey-toned cabinetry and granite) that are now over 20 years old and considered dated, fitting the criteria for needing minor cosmetic updates.
Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Situated in the prestigious Turtle Ridge community on the Irvine–Newport Beach border, this home offers access to top-tier Irvine Unified schools, including Vista Verde K-8 and University High.
As the largest floor plan in the tract (Plan 5), this corner-unit residence provides enhanced privacy, a spacious 1,859 sqft interior, and a private ground-level entrance with an attached two-car garage.
The property is currently tenant-occupied, which may complicate scheduling for showings and delay immediate possession for owner-occupant buyers.
While the primary living spaces are arranged on one level, the home requires navigating stairs from the ground-level entrance, which may be a drawback for buyers seeking true single-story living.
Discover a unique opportunity in sought-after Turtle Ridge, ideally located along the Irvine–Newport Beach border, offering the best of coastal living and Irvine convenience. This corner Plan 5 residence features city, hillside, and mountain views, added privacy, and the largest floor plan in the tract. Offering approximately 1,859 square feet with 3 bedrooms and 2 full bathrooms, the home has a private ground-level entrance and attached two-car garage. Upstairs, all primary living spaces are arranged on one level, including the living and dining areas, kitchen, all three bedrooms, laundry room, and a built-in office nook. The open living area features a fireplace and opens to a spacious private balcony overlooking greenery, hillsides, and city lights. The kitchen includes granite countertops, a custom tile backsplash, cabinetry, stainless steel appliances, and a large walk-in pantry. The primary suite includes dual vanities, a walk-in shower, soaking tub, and oversized walk-in closet. Mature landscaping and fruit trees surround the private entrance. Residents enjoy Turtle Ridge amenities including a Jr. Olympic swimming pool, spa, BBQ areas, clubhouse, neighborhood parks, and nearby access to the Turtle Ridge Trailhead and scenic trails. Located within the highly regarded Irvine Unified School District, the home is within walking distance of Vista Verde K-8 School and the local farmers market, and just minutes from University High School and UC Irvine. Fashion Island, Corona del Mar, Newport Beach, Newport Coast, South Coast Plaza, John Wayne Airport, shopping, dining, and major freeways are all within easy reach. Currently tenant-occupied, this property offers an excellent opportunity for both investors and future owner-occupants looking to secure a desirable Turtle Ridge home for the years ahead. With its corner location, Plan 5 layout, views, Irvine schools, and proximity to the coast, the property offers strong long-term appeal. The seller is highly motivated and open to reasonable offers.
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 7-8 • 2.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,859 | 1,685.105 |
| Lot Size | 21,494 | 42,358.594 |
| Price | $1.49M | $1.21M |
| Price per sq ft | $802 | $740 |
| Built year | 2004 | 2010 |
| HOA | $344.0 | $280 |
| Days on market | 74 | 61 |
Aug 12, 2026
$1,490,000
Initial Listing
Jul 31, 2008
$760,000
Public Record
Dec 3, 2004
$698,000
Public Record