33 Modesto, Irvine, California 92602, Irvine, 92602 - 5 bed, 4 bath

33 Modesto, Irvine, California 92602 home-pic-0

33 Modesto

Irvine, California 92602

ACTIVE
CONDITION: GOOD
5Beds
4Baths
3,211Sq Ft
6,294Lot Size

Property Price

LIST PRICE$2,680,000
EST. MARKET VALUE
$2,819,186
4% BelowMARKET VALUE

SUMMARY

Analysis of 33 Modesto, Irvine, California 92602 reveals a Prime Investment Opportunity with a current list price of $2,680,000—significantly undercutting the $2,819,186 Fair Market Value by 4%. This valuation gap indicates a +$139,186 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,819,186 +$139,186 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Irvine.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
33 Modesto
Subject
$2,680,000*
List Price
543,211$878-
A
10 Calais
Sold
$2,190,000543,107$7050.6 mi
B
32 Montclair
Sold
$3,300,000443,451$9560.3 mi
C
24 Malibu
Sold
$2,508,888432,843$8820.3 mi
D
28 Boulder Creek
Sold
$1,935,000532,287$8460.3 mi
E
49 Sunset Cove
Sold
$3,450,000453,712$9290.5 mi
F
2 Dos Rios
Active
$2,880,000
List Price
433,318$8680.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and well-maintained, fitting the criteria for a home built approximately 24 years ago with significant updates. The kitchen features high-end upgrades including a 6-burner cooktop, double ovens, and a built-in refrigerator. Hardwood flooring throughout and a professionally landscaped backyard with a waterfall further enhance its quality. While the maple cabinetry and granite styles are consistent with its 2001 vintage, the overall condition is superior to 'fair' due to the premium appliances and lack of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Exclusive Guard-Gated Community

    Situated on a premier corner lot within the prestigious 24-hour guard-gated Northpark community, offering enhanced privacy and high-tier security.

  • Versatile & Spacious Layout

    The floor plan features five bedrooms plus a loft and a rare main-floor bedroom with a full bath, providing ideal flexibility for multi-generational living or a home office.

  • Premium Outdoor Living

    The expansive, professionally landscaped backyard includes a serene waterfall, elegant gazebo, and lush fruit trees, creating a private retreat for relaxation and entertaining.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-04-15. The sold price is $2,650,000.00.

  • Aging Mechanical Systems

    With the home built in 2001, original major systems such as the HVAC or roof may be approaching the end of their typical functional lifespan, potentially requiring future capital expenditure.

  • School District Distinction

    While located in the city of Irvine, the property is zoned for Tustin Unified School District, which may be a consideration for buyers specifically seeking the Irvine Unified School District.

About 33 Modesto

Stunning Residence in the exclusive 24-hour guard-gated Northpark community! Situated on a premier corner lot, this remarkable home offers 5 bedrooms plus a loft, a main-floor bedroom with a full bathroom, a 3-car garage, an upgraded kitchen and backyard—all on a lot over 6,200 square feet. Upon entry, you are greeted by a warm, open floor plan with high ceilings, hardwood floors extending throughout, and an abundance of natural light. The spacious chef’s kitchen is filled with light and includes maple cabinets, stone backsplash, granite countertops, a built-in refrigerator, a 6-burner cooktop, double ovens, and a large oversized island. It opens directly to the beautiful family room, complete with built-in media cabinets, a cozy fireplace, and seamless access to your private backyard retreat. Step outside to your expansive backyard, professionally landscaped with a serene waterfall, an elegant gazebo, and lush fruit trees and flowers—perfect for both relaxation and hosting. The main-floor bedroom and full bath provide ideal accommodations for family or guests. Upstairs, you will find four additional bedrooms and a generous loft (easily convertible to a sixth bedroom). The well-appointed primary suite features a spa-like bathroom with dual vanities, a soaking tub, a separate shower, and a large walk-in closet. It also includes a separate retreat area, perfect as a sitting room or home office. At the other end of the floor, two more spacious bedrooms share a Jack-and-Jill bathroom, while another bedroom enjoys an en-suite bathroom. Practical upgrades include an upstairs laundry room and a 3-car garage with plentiful storage. With low HOA and Mello Roos fees, residents enjoy access to community amenities such as five pools, tennis courts, walking trails, and direct access to the acclaimed Hicks Canyon Elementary School. The home is also conveniently within walking distance of Orchard Hills and Northpark Shopping Centers, featuring Pavilions, Wells Fargo, H Mart, CVS, and numerous dining options. The property is zoned for California Distinguished Tustin Unified Schools. Priced attractively, this home presents a rare opportunity in today’s market. Must See.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2001
Lot Size
6,294 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$288.0 / Month

Neighborhood Insights

Irvine Unified Schools

Hicks Canyon Elementary School

Grades PK-5 • 0.5 mi

8/10

Orchard Hills School

Grades K-8 • 0.7 mi

8/10

Tustin Connect Academy

Grades K-8 • 3.7 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
74%
Baths4.04.0
50%
Square foot3,2113,107
54%
Lot Size6,2944,817
72%
Price$2.68M$2.72M
46%
Price per sq ft$835$946
20%
Built year20012016
20%
HOA$288.0$345
34%
Days on market65171
16%

Pricing History

Listed for Sale

Jan 1, 2026

$2,680,000

Initial Listing

Sold

Apr 15, 2025

$2,650,000

Public Record

Sold

Dec 5, 2014

$1,320,000

Public Record

Sold

Jul 31, 2007

$1,435,000

Public Record

Sold

Feb 15, 2002

$609,000

Public Record

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