45 Orchard, Irvine, California 92618, Irvine, 92618 - 2 bed, 2 bath

45 Orchard, Irvine, California 92618 home-pic-0
ACTIVE$949,000
45 Orchard, Irvine, California 92618
2Beds
2Baths
964Sqft
2,739Lot

Price Vs. Estimate

The estimated value ($723,860.395) is $225,139.605 (23%) lower than the list price ($949,000). 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:
Compact Square Footage: With 964 sqft, the home offers limited interior living space, which may not suit buyers seeking larger residences or those with growing families.

Compared to the nearby listings

Price:$949.0K vs avg $2.28M ($-1,335,500)4%
Size:964 sqft vs avg 2,749 sqft4%
Price/sqft:$984 vs avg $84089%

More Insights

Built in 1977 (48 years old).
Condition: Despite being built in 1977, the property has undergone an extensive and recent renovation. The description explicitly states a 'newly remodeled kitchen boasting new soft-close cabinets, quartz counters and all-new stainless steel appliances,' 'updated bathroom' in the primary, 'new luxury wood laminate floor throughout,' 'fresh paint and updated lighting fixtures,' and 'newer tile roof and updated air-conditioner.' These updates indicate that all major components are new or virtually new, meeting current quality standards, aligning with the 'Excellent' criteria for a property extensively renovated within 5 years.
Year Built
1977
Close
-
List price
$949K
Original List price
$1,000K
Price/Sqft
$984
HOA
$25
Days on market
-
Sold On
-
MLS number
NP25086712
Home ConditionExcellent
Features
Patio
ViewCourtyard

About this home

GREAT PRICE REDUCTION! Welcome to 45 Orchard, Irvine! A remodeled single story 2 Bedroom 2 Bath Single-family home in the highly sought-after Orange Tree neighborhood of Irvine. This remodeled Patio-home is nestled in a lovely garden setting and offers 2 Bedrooms with 2 FULL Baths, updated with a newly remodeled kitchen boasting new soft-close cabinets, quartz counters and all-new stainless steel appliances (new stove, microwave, dishwasher, quartz countertops and a counter-depth refrigerator). While the large primary bedroom features an updated bathroom, the spacious second bedroom is on the opposite side of the home and has an adjacent full bathroom. Additional enhancements include all new luxury wood laminate floor throughout, fresh paint and updated lighting fixtures. Newer tile roof and updated air-conditioner. The dining room's sliding glass door leads to a sun-drenched private patio and yard. The yard leads out to an oversized two car garage. The Association of Orangetree Patio Homes offers low HOA dues and no Mello-Roos! For your enjoyment, there are two pools with Jacuzzis, basketball and tennis & pickleball courts, fitness center and a Clubhouse! This exceptional property presents the rare opportunity to own a single-family detached home in a great Irvine location, close to Irvine Valley College, stores, restaurants, wonderful schools and close access to the 5 and 405 freeways. Come enjoy everything Irvine has to offer!

Nearby schools

7/10
Eastshore Elementary School
Public,K-61.2mi
9/10
Lakeside Middle School
Public,7-81.7mi
9/10
Woodbridge High School
Public,9-122.0mi
Condition Rating
Excellent

Despite being built in 1977, the property has undergone an extensive and recent renovation. The description explicitly states a 'newly remodeled kitchen boasting new soft-close cabinets, quartz counters and all-new stainless steel appliances,' 'updated bathroom' in the primary, 'new luxury wood laminate floor throughout,' 'fresh paint and updated lighting fixtures,' and 'newer tile roof and updated air-conditioner.' These updates indicate that all major components are new or virtually new, meeting current quality standards, aligning with the 'Excellent' criteria for a property extensively renovated within 5 years.
Pros & Cons

Pros

Great Schools: Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
Extensive Modern Remodel: The property boasts a newly remodeled kitchen with high-end finishes (quartz, stainless steel, soft-close cabinets), updated bathrooms, new luxury wood laminate flooring, fresh paint, and updated lighting, offering a move-in ready experience.
Detached Single-Story Home: A rare and desirable offering in Irvine, this single-story, detached home provides enhanced privacy and independence compared to attached units, appealing to a broad range of buyers.
Exceptional Financial Benefits: Features remarkably low HOA dues ($25/month) and no Mello-Roos, significantly reducing ongoing ownership costs and increasing affordability.
Resort-Style Community Amenities: Residents enjoy access to a comprehensive suite of amenities including two pools with Jacuzzis, basketball, tennis & pickleball courts, a fitness center, and a clubhouse, fostering an active and engaging lifestyle.
Prime Irvine Location & Top Schools: Strategically located in a highly sought-after Irvine neighborhood with excellent access to Irvine Valley College, shopping, dining, major freeways (5 & 405), and within the highly-rated Irvine Unified School District.

Cons

Compact Square Footage: With 964 sqft, the home offers limited interior living space, which may not suit buyers seeking larger residences or those with growing families.
Age of Construction: Built in 1977, the property is nearly five decades old. While recently remodeled, potential buyers may have concerns about the age of non-updated systems or the long-term maintenance of an older structure.
Significant Valuation Discrepancy: The current list price of $949,000 is considerably higher than the estimated property value of approximately $723,860, suggesting a potential overpricing issue that could impact marketability and buyer interest.

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