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$1,380,000
EST. MARKET VALUE
$1,380,000
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
$1,380,000
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 | $1,380,000* List Price | 3 | 2 | 1,714 | $805 | - |
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 4612 Green Tree Sold | $1,725,000 | 4 | 3 | 2,316 | $745 | 0.5 mi |
G 11 Redwood Tree Sold | $1,535,000 | 3 | 3 | 1,960 | $783 | 0.3 mi |
H 48 Willow Tree Lane Sold | $1,488,000 | 3 | 3 | 1,708 | $871 | 0.2 mi |
I 11 Almond Tree Active | $1,750,000 List Price | 3 | 3 | 2,089 | $838 | 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
## High-Equity Ranch-Style Home in Prime University Park **Priced to Sell Quickly | Certified $1,555,000 Appraisal on File** Experience the pinnacle of single-story living in this meticulously reimagined ranch-style home, perfectly set on a quiet cul-de-sac lot. Featuring soaring vaulted ceilings, expansive natural light, and incredible instant equity, this turn-key residence is priced for a fast, competitive sale. Certified appraisal available upon request. ### **Key Features & Upgrades** * **Turn-Key & Freshly Painted:** Professionally repainted inside and out for a pristine, move-in-ready feel. * **$70,000+ Modern Overhaul:** Includes custom built-in closets in every room, recessed LED lighting, an upgraded fireplace, premium shutters, and a brand-new water heater. * **Versatile Garage Studio:** Transformed space featuring sleek epoxy flooring, custom storage, a clean attic space, and a fully functional, air-conditioned home office. * **Private "Edible" Backyard:** Sprawling L-shaped botanical retreat with mature Avocado, Asian Pear, Guava, and Lemon trees, plus a built-in entertainment station with a Kamado Joe grill. * **Top-Tier Education:** Minutes from renowned schools including University Park Elementary, University High, and UC Irvine. * **Resort-Style Community:** Located in prestigious Village Park, offering expansive greenbelts, pools, and tennis courts. ### **Schedule Your Showing** Highly motivated sellers are reviewing competitive offers—schedule your private tour today to experience this exceptional home and value firsthand! * **3D Virtual Tour:** Explore the Property Online - https://my.matterport.com/show/?m=NNcpupaaafd
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 | 2,517 |
| Lot Size | 5,000 | 4,991 |
| Price | $1.38M | $2.12M |
| Price per sq ft | $805 | $868 |
| Built year | 1973 | 1999 |
| HOA | $395.0 | $193 |
| Days on market | 163 | 53 |
Pricing History
Listed for Sale
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