
Irvine, California 92618
This Spacious Former Model Home represents a Strong Value Opportunity, listed at $1,750,000—positioned well below the $1,888,275 Fair Market Value by 7%. This valuation gap offers $138,275 in Instant Equity for the buyer. Featuring a Fair Condition Rating with original finishes, the property offers significant potential for cosmetic modernization. Located in the Irvine Unified School District near top-rated schools, this residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-potential family home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42 Kelsey Subject | $1,750,000* List Price | 4 | 3 | 2,571 | $734 | - |
A 37 Pheasant Creek Sold | $2,200,000 | 4 | 3 | 2,715 | $810 | 0.3 mi |
B 75 Ashford Active | $2,099,000 List Price | 4 | 3 | 2,715 | $773 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1999 (25 years old) and appears to retain most of its original 'former model' finishes. While the home is exceptionally well-maintained and clean, the kitchen features dated white tile countertops and honey-oak cabinetry, and the systems/interior finishes are over 20 years old without evidence of a recent major renovation, placing it in the Fair category.
Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
As the largest floorplan in the subdivision and a former model home, this property features a unique third-floor finished attic and a loft, providing rare flexibility to accommodate up to five bedrooms or specialized home offices.
The home is perfectly positioned within the sought-after Village of Oak Creek, offering walking distance to Oak Creek Elementary and immediate access to Valley Oak Park’s amenities, including a pool, clubhouse, and sports courts.
With a lot size of 4,077 square feet, the outdoor space is relatively limited compared to the home's interior scale, which may be a drawback for buyers seeking a large private yard.
Built in 1999, the home features finishes such as tumbled travertine and older cabinetry that, while well-maintained, may require capital investment to align with modern contemporary design trends.
First time on the market, this former model home offers the largest floorplan in Kelsey Lane, showcasing approx. 2,500 square feet of warm, inviting living space — including a third-floor finished attic that expands the home’s versatility and charm. Tucked within Irvine’s highly sought-after Village of Oak Creek, this single-family, detached residence blends comfort, character, and community in a special way! Step inside to a welcoming formal living room, where natural warmth and cozy ambiance set the tone for the entire home. The kitchen features abundant cabinetry, tumbled travertine flooring, and neutral paint, creating a timeless, move-in-ready backdrop. It flows seamlessly into the open-concept great room, an ideal gathering space centered around a large kitchen island — perfect for hosting, connecting, and everyday living. The flexible layout includes 3 full bedrooms, a loft that works beautifully as an office or children’s play/study area or 4th bedroom. The third-floor finished attic adds even more usable space — ideal for a creative studio, quiet retreat, additional play area or a 5th bedroom! Front porch allows for viewing of Oak Creek community-wide activities and there's a great backyard for entertaining, or just having some quiet time outdoors! Located steps from Valley Oak Park, residents enjoy a view of rich green belts, easy access to a playground/tot lot, basketball court, clubhouse, pool, and BBQ area — all just moments from home. And with Oak Creek Elementary School within walking distance, the convenience and community feel are unmatched. Warm, cozy, and designed for gathering, this exceptional former model home offers a rare opportunity to own one of Oak Creek’s most beloved floorplans in an unbeatable location!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 43% |
| Square foot | 2,571 | 2,795 | 42% |
| Lot Size | 4,077 | 5,074.5 | 37% |
| Price | $1.75M | $2.26M | 22% |
| Price per sq ft | $681 | $805 | 13% |
| Built year | 1999 | 2019 | 6% |
| HOA | $110.0 | $240 | 1% |
| Days on market | 0 | 184 | 3% |
May 9, 2026
$1,750,000
Initial Listing
Jun 27, 2001
$557,000
Public Record