42 Almond Tree Ln, Irvine, California 92612, Irvine, 92612 - 3 bed, 2 bath
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Irvine, California 92612
This Turn-Key Single Family Residence is a Strong Value Opportunity, listed at $1,460,000—positioned well below the $1,555,000 Fair Market Value by 6.1%. This valuation gap offers $95,000 in Instant Equity for the buyer. With an Excellent Condition Rating following a $70,000 overhaul, the home features a Professional Garage Studio and an Edible Backyard. Located near 9/10 rated schools, this property is an ideal acquisition for Owner-Occupants seeking a premium lifestyle or discerning investors prioritizing immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42 Almond Tree Ln Subject | $1,399,990* List Price | 3 | 2 | 1,714 | $817 | - |
A 6 Banyan Tree Sold | $1,540,000 | 4 | 2 | 1,916 | $804 | 0.2 mi |
B 26 Seton Sold | $1,415,000 | 3 | 2 | 1,494 | $947 | 0.6 mi |
C 17322 Rosewood Sold | $1,520,000 | 3 | 2 | 1,532 | $992 | 0.5 mi |
D 1 Dogwood N Sold | $1,350,000 | 3 | 2 | 1,532 | $881 | 0.5 mi |
E 39 S Dogwood S Sold | $1,393,000 | 3 | 2 | 1,392 | $1,001 | 0.5 mi |
F 48 Willow Tree Lane Sold | $1,488,000 | 3 | 3 | 1,708 | $871 | 0.2 mi |
G 4612 Green Tree Sold | $1,725,000 | 4 | 3 | 2,316 | $745 | 0.5 mi |
H 17284 Citron Sold | $1,099,888 | 2 | 2 | 1,224 | $899 | 0.4 mi |
I 24 Rockrose Way Active | $1,299,800 List Price | 3 | 2 | 1,494 | $870 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1973, the property qualifies as Excellent due to a recent $70,000+ modern overhaul and being 'meticulously reimagined.' Key updates include a brand-new water heater, recessed LED lighting, custom built-ins, and fresh professional paint. The interior features modern marble-look tile flooring and updated kitchen/baths, meeting the criteria for a high-quality renovation within the last 5 years.
Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
The property features over $70,000 in recent improvements, including a professional garage studio with AC, custom closets, and a 'no-stairs' layout with vaulted ceilings.
Priced at $1,460,000 with a certified appraisal of $1,555,000 on file, this home offers significant instant equity and a highly motivated seller.
With 69 days on the market and multiple price reductions, the property is experiencing extended market time, which may lead to buyer hesitation.
Built in 1973, the home lacks modern exterior aesthetics and scenic views, which may be a disadvantage compared to newer luxury developments in Irvine.
Certified Appraisal on File ($1,555,000) –(Certified report available upon request). Highly Motivated Seller and reduced the price significantly by to get qualified buyers who can close it fast. If you are looking for a beautiful home with instant equity, this is the one. The sellers are highly motivated and reviewing all competitive offers. Schedule your tour today to experience the quiet interior and incredible value for yourself! Experience the pinnacle of University Park living in this meticulously reimagined ranch-style home. Situated on a prime cul-de-sac lot, this "no-stairs" floor plan features soaring vaulted ceilings and expansive windows that bathe the interior in natural light. Key Property Features: #1. Turn-Key & Move-In Ready: The whole house has been completely refreshed and professionally repainted just last week, offering a pristine, modern canvas for its new owners. #2. $70,000+ Modern Overhaul: Featuring custom built-in closets in every room, recessed LED lighting, an upgraded fireplace, premium shutters, and a brand-new water heater for total peace of mind. #3. Top-Tier Education: Minutes away from some of the best academic institutions in the country, including University Park Elementary, University High, and UCI. #4. Professional Garage Studio: A fully transformed space with sleek epoxy flooring, ample storage, and a dedicated, fully functional air-conditioned office. Access a clean, functional attic for additional storage directly from the garage. #5. The "Edible" Backyard: A sprawling, L-shaped botanical haven featuring mature Avocado, Asian Pear, Guava, and Lemon trees. This vibrant outdoor experience is complemented by a social entertainment station equipped with a Kamado Joe grill. #6. Elite University Park Location: Located in the prestigious Village Park community, residents enjoy world-class greenbelts, resort-style pools, and tennis courts. Virtual Tour Link - https://my.matterport.com/show/?m=NNcpupaaafd
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.2 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,714 | 2,486 |
| Lot Size | 5,000 | 4,950 |
| Price | $1.40M | $2.08M |
| Price per sq ft | $817 | $872 |
| Built year | 1973 | 1999 |
| HOA | $395.0 | $190 |
| Days on market | 114 | 50 |
Jul 16, 2026
$1,399,990
$1,460,000
-4% Price Drop
Initial Listing
Jun 7, 2026
$1,460,000
$1,499,900
-3% Price Drop
Initial Listing
May 6, 2026
$1,499,900
$1,555,000
-4% Price Drop
Initial Listing
Mar 30, 2026
$1,555,000
Initial Listing
Aug 5, 2021
$965,000
Public Record