40 Tangerine, Irvine, California 92618, Irvine, 92618 - 2 bed, 1 bath

40 Tangerine, Irvine, California 92618 home-pic-0
ACTIVE$950,000
40 Tangerine, Irvine, California 92618
2Beds
1Bath
867Sqft
2,739Lot

Price Vs. Estimate

The estimated value ($700,260.375) is $249,739.625 (26%) lower than the list price ($950,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
Top Cons:
Significant Overpricing: The current list price of $950,000 is considerably above the estimated property value of approximately $700,260, potentially impacting marketability and buyer interest.

Compared to the nearby listings

Price:$950.0K vs avg $2.28M ($-1,334,500)4%
Size:867 sqft vs avg 2,749 sqft2%
Price/sqft:$1.1K vs avg $84097%

More Insights

Built in 1977 (48 years old).
Condition: Despite being built in 1977, this property has undergone extensive and recent renovations, aligning with the 'Excellent' criteria for a fully renovated home. The description highlights a 'beautifully updated' home with a 'remodeled kitchen and bath' featuring 'clean, contemporary finishes.' Key systems like the HVAC (2021), garage door (2020), and vinyl fencing (2020) are all less than 5 years old. Images confirm a modern kitchen with white shaker cabinets, quartz countertops, stainless steel appliances, and recessed lighting. The bathroom features a modern vanity and a walk-in shower with contemporary tiling. Flooring includes well-maintained tile in main areas and newer laminate in bedrooms. All these updates indicate minimal physical depreciation and meet current quality standards, making it virtually new in its renovated state.
Year Built
1977
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$1,096
HOA
$203
Days on market
-
Sold On
-
MLS number
OC25061643
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Neighborhood
Spa
Patio
ViewPark/Greenbelt, Neighborhood

About this home

Amazing rare find in Irvine—this beautifully updated single-story home blends comfort and modern style with thoughtful upgrades throughout. Fully detached, single-family living at an affordable price point! Inside, tile flooring runs through the main living areas, while both bedrooms feature newer laminate flooring. The remodeled kitchen and bath offer clean, contemporary finishes, complemented by dual-pane windows and sliding doors that fill the space with natural light. Step outside to a private backyard oasis, complete with custom landscaping, artificial turf, pavers, and a spa—perfect for relaxing or entertaining. The house includes a two-car attached Garage, plus additional parking in the driveway. Recent improvements include a newer HVAC system (2021), garage door (2020), & vinyl fencing (2020). Residents enjoy access to resort-style HOA amenities including two pools, tennis and pickleball courts, basketball court, clubhouse, and a gym. Walking distance from the Oak Creek Golf Course, Irvine Valley College, and just minutes from Irvine Spectrum, this home offers unbeatable accessibility and convenience. Best of all, the beautiful designer furniture is negotiable—don’t miss this unique opportunity to own a detached home in one of Irvine’s most desirable neighborhoods!

Nearby schools

7/10
Eastshore Elementary School
Public,K-61.3mi
9/10
Lakeside Middle School
Public,7-81.7mi
9/10
Woodbridge High School
Public,9-122.1mi
Condition Rating
Excellent

Despite being built in 1977, this property has undergone extensive and recent renovations, aligning with the 'Excellent' criteria for a fully renovated home. The description highlights a 'beautifully updated' home with a 'remodeled kitchen and bath' featuring 'clean, contemporary finishes.' Key systems like the HVAC (2021), garage door (2020), and vinyl fencing (2020) are all less than 5 years old. Images confirm a modern kitchen with white shaker cabinets, quartz countertops, stainless steel appliances, and recessed lighting. The bathroom features a modern vanity and a walk-in shower with contemporary tiling. Flooring includes well-maintained tile in main areas and newer laminate in bedrooms. All these updates indicate minimal physical depreciation and meet current quality standards, making it virtually new in its renovated state.
Pros & Cons

Pros

Great Schools: Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
Prime Irvine Location: Desirable Irvine neighborhood with excellent accessibility to amenities (Oak Creek Golf Course, Irvine Valley College, Irvine Spectrum) and top-rated Irvine Unified School District.
Extensive Modern Updates: Features a beautifully remodeled kitchen and bath, newer flooring, dual-pane windows, and recent major system upgrades including HVAC (2021), garage door (2020), and vinyl fencing (2020).
Detached Single-Family Living: Offers the privacy and independence of a detached home, a rare find at this price point in Irvine.
Resort-Style Community Amenities: Residents benefit from access to comprehensive HOA amenities including two pools, tennis/pickleball courts, basketball court, clubhouse, and gym.
Private Outdoor Oasis: A custom-landscaped backyard with artificial turf, pavers, and a spa provides a low-maintenance and attractive space for relaxation and entertaining.

Cons

Significant Overpricing: The current list price of $950,000 is considerably above the estimated property value of approximately $700,260, potentially impacting marketability and buyer interest.
Compact Living Space: With 867 square feet, the home offers limited interior living space, which may not suit buyers requiring more room.
Ongoing HOA Dues: The monthly HOA fee of $203 adds to the recurring cost of homeownership, a factor for budget consideration.

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