42 Almond Tree Ln, Irvine, California 92612, Irvine, 92612 - 3 bed, 2 bath
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42 Almond Tree Ln
Irvine, California 92612
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,714Sq Ft
5,000Lot Size
Property Price
LIST PRICE$1,390,000
EST. MARKET VALUE
$1,390,000
SUMMARY
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.
Estimated Market Value
$1,390,000
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42 Almond Tree Ln Subject 3 bd · 2 ba · 1,714 sqft · $811 | $1,390,000* List Price | 3 | 2 | 1,714 | $811 | - |
A 5 Carob Sold 3 bd · 2 ba · 1,532 sqft · $881 · 0.6 mi | $1,350,000 | 3 | 2 | 1,532 | $881 | 0.6 mi |
B 26 Seton Sold 3 bd · 2 ba · 1,494 sqft · $947 · 0.6 mi | $1,415,000 | 3 | 2 | 1,494 | $947 | 0.6 mi |
C 1 Dogwood N Sold 3 bd · 2 ba · 1,532 sqft · $881 · 0.5 mi | $1,350,000 | 3 | 2 | 1,532 | $881 | 0.5 mi |
D 11 Redwood Tree Sold 3 bd · 3 ba · 1,960 sqft · $783 · 0.3 mi | $1,535,000 | 3 | 3 | 1,960 | $783 | 0.3 mi |
E 48 Willow Tree Lane Sold 3 bd · 3 ba · 1,708 sqft · $871 · 0.2 mi | $1,488,000 | 3 | 3 | 1,708 | $871 | 0.2 mi |
F 4612 Green Tree Sold 4 bd · 3 ba · 2,316 sqft · $745 · 0.5 mi | $1,725,000 | 4 | 3 | 2,316 | $745 | 0.5 mi |
G 17284 Citron Sold 2 bd · 2 ba · 1,224 sqft · $899 · 0.4 mi | $1,099,888 | 2 | 2 | 1,224 | $899 | 0.4 mi |
H 5 Iron Bark Sold 4 bd · 3 ba · 1,896 sqft · $686 · 0.8 mi | $1,300,000 | 4 | 3 | 1,896 | $686 | 0.8 mi |
I 11 Almond Tree Active 3 bd · 3 ba · 2,089 sqft · $809 · 0.1 mi | $1,690,000 List Price | 3 | 3 | 2,089 | $809 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
- Turn-Key Upgrades
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.
- Exceptional Value
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.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 69 days on the market and multiple price reductions, the property is experiencing extended market time, which may lead to buyer hesitation.
- Aging Infrastructure
Built in 1973, the home lacks modern exterior aesthetics and scenic views, which may be a disadvantage compared to newer luxury developments in Irvine.
About 42 Almond Tree Ln
Single story home with 3 Bed 2 Bath 1 Den & 1 Office space at the End of a Cul-de-Sac in University Park neighborhood. With no neighbor on one side and an open greenbelt on the other, this home offers rare privacy and open space in Irvine. This popular Dartmouth floor plan has 3 bedrooms, 2 full baths, a den, a private atrium off the primary suite, and a dedicated air-conditioned home office. Soaring vaulted ceilings and oversized windows fill the living spaces with natural light. THE UPGRADES (over $70,000 invested) -LVT flooring throughout -Custom built-in organizers in every closet -Recessed LED lighting and Shutters & Roller Shades -Upgraded fireplace with a motorized MantelMount TV mount(TV included) -Brand-new water heater(2026) -Freshly painted inside THE GARAGE Epoxy floors with storage, a clean & organized attic and a fully functional air-conditioned office. It's perfect for working from home, a studio or a gym. THE BACKYARD A private L-shaped orchard with mature avocado, Asian pear, guava and lemon trees, plus a Kamado Joe grill (included). THE LOCATION Walk to Rancho San Joaquin Middle School (0.2 miles), University Park Elementary (0.5 miles), and quick access to University High School and UC Irvine, all within award-winning Irvine Unified. The community has clubhouse with pools,tennis & pickleball courts, playgrounds and miles of tree-lined greenbelts. No Mello-Roos. A NOTE ON THE FREEWAY The home sits near the 405, with a wide stretch of open common ground between the house and the freeway. Inside, the home is quiet. The sellers lived here for 4 years before relocating for work. In the backyard you'll notice some sound, and in exchange you get onto the 405 freeway in under 5 minutes and Orange County airport in less than 10 minutes, making commuting across Orange County easy. Come see & hear the difference for yourself. NEW PRICE: BELOW APPRAISAL Now offered at $1,390,000, well below its May 2026 independent appraisal of $1,555,000. A detached single-story home on a 5,000 sq ft cul-de-sac lot in University Park, at this price, is a rare opportunity. A copy of the appraisal is available upon request. Take the 3D virtual tour( https://my.matterport.com/show/?m=NNcpupaaafd ), then schedule your private showing.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $395.0 / Month
Neighborhood Insights
Irvine Unified Schools
University Park Elementary School
Grades K-6 • 0.7 mi
6/10
Rancho San Joaquin Middle School
Grades 7-8 • 0.2 mi
9/10
University High School
Grades 9-12 • 1.2 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,714 | 2,494.069 |
| Lot Size | 5,000 | 4,993.672 |
| Price | $1.39M | $2.07M |
| Price per sq ft | $811 | $867 |
| Built year | 1973 | 1999 |
| HOA | $395.0 | $195 |
| Days on market | 209 | 56 |
Pricing History
Listed for Sale
Sep 26, 2026
$1,390,000
$1,380,000
+1% Price Increase
Initial Listing
Price Change
Aug 12, 2026
$1,380,000
$1,399,990
-1% Price Drop
Initial Listing
Price Change
Jul 16, 2026
$1,399,990
$1,460,000
-4% Price Drop
Initial Listing
Price Change
Jun 7, 2026
$1,460,000
$1,499,900
-3% Price Drop
Initial Listing
Price Change
May 6, 2026
$1,499,900
$1,555,000
-4% Price Drop
Initial Listing
Price Change
Mar 30, 2026
$1,555,000
Initial Listing
Sold
Aug 5, 2021
$965,000
Public Record