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

40 Tangerine, Irvine, California 92618 home-pic-0
ACTIVE$920,000
40 Tangerine, Irvine, California 92618
2Beds
1Bath
867Sqft
2,739Lot

Price Vs. Estimate

The estimated value ($662,776.645) is $257,223.355 (27%) lower than the list price ($920,000). 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:
High List Price Relative to Comparables: The current listing price of $920,000 appears significantly higher than a recently sold comparable (2 beds, 1 bath, 867 sqft, 1977) in the same subdivision which closed at $830,000, suggesting potential overvaluation in the current market.

Compared to the nearby listings

Price:$920.0K vs avg $2.28M ($-1,364,500)3%
Size:867 sqft vs avg 2,749 sqft2%
Price/sqft:$1.1K vs avg $84096%

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 properties extensively renovated within 5 years. The description highlights a 'beautifully updated' home with a 'remodeled kitchen and bath' featuring 'clean, contemporary finishes,' which is clearly visible in the images. The kitchen boasts modern white shaker cabinets, quartz countertops, and stainless steel appliances. The bathroom is similarly updated with modern fixtures and subway tile. Key systems like the HVAC (2021), garage door (2020), and vinyl fencing (2020) are also very recent. The flooring (tile and newer laminate) and dual-pane windows further contribute to its virtually new condition, meeting current quality standards with no visible deferred maintenance.
Year Built
1977
Close
-
List price
$920K
Original List price
$920K
Price/Sqft
$1,061
HOA
$203
Days on market
-
Sold On
-
MLS number
OC25135469
Home ConditionExcellent
Features
Good View: Park/Greenbelt
Spa
Patio
ViewPark/Greenbelt

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-6•1.3mi
9/10
Lakeside Middle School
Public,•7-8•1.7mi
9/10
Woodbridge High School
Public,•9-12•2.1mi
Condition Rating
Excellent
Despite being built in 1977, this property has undergone extensive and recent renovations, aligning with the 'Excellent' criteria for properties extensively renovated within 5 years. The description highlights a 'beautifully updated' home with a 'remodeled kitchen and bath' featuring 'clean, contemporary finishes,' which is clearly visible in the images. The kitchen boasts modern white shaker cabinets, quartz countertops, and stainless steel appliances. The bathroom is similarly updated with modern fixtures and subway tile. Key systems like the HVAC (2021), garage door (2020), and vinyl fencing (2020) are also very recent. The flooring (tile and newer laminate) and dual-pane windows further contribute to its virtually new condition, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
Prime Irvine Location & Accessibility: The property boasts an unbeatable location in a desirable Irvine neighborhood, within walking distance to Oak Creek Golf Course, Irvine Valley College, and minutes from Irvine Spectrum, offering exceptional convenience.
Extensive Modern Upgrades: The home has been beautifully updated throughout, featuring tile and newer laminate flooring, a remodeled kitchen and bath with contemporary finishes, and dual-pane windows, enhancing its modern appeal and energy efficiency.
Recent Major System Improvements: Significant recent upgrades include a newer HVAC system (2021), garage door (2020), and vinyl fencing (2020), providing peace of mind and reducing immediate maintenance concerns for a buyer.
Private Backyard Oasis with Spa: The private backyard is a true oasis, complete with custom landscaping, artificial turf, pavers, and a spa, creating an ideal space for relaxation and entertaining.
Resort-Style HOA Amenities: Residents enjoy access to a wealth of resort-style HOA amenities, including two pools, tennis and pickleball courts, a basketball court, clubhouse, and a gym, significantly enhancing the lifestyle offering.

Cons

High List Price Relative to Comparables: The current listing price of $920,000 appears significantly higher than a recently sold comparable (2 beds, 1 bath, 867 sqft, 1977) in the same subdivision which closed at $830,000, suggesting potential overvaluation in the current market.
Limited Bedrooms and Bathrooms: With only 2 bedrooms and 1 bathroom, the property offers fewer facilities compared to some other detached homes, which could limit its appeal to a broader buyer pool or larger households.
Smaller Square Footage: At 867 sqft, the property is on the smaller side for a detached single-family residence, which might be a constraint for buyers seeking more expansive living areas.

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