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54 Valley Terrace, Irvine, California 92603, Irvine, 92603 - 5 bed, 5 bath

54 Valley Terrace, Irvine, California 92603 home-pic-0
ACTIVE UNDER CONTRACT$4,288,000$2,971/sqft
Est. Value: $4,007,415
-6%
AboveEstimate
54 Valley Terrace, Irvine, California 92603
5Beds
5Baths
2,971Sqft
6,030Lot

Price Vs. Estimate

The estimated value ($4,007,414.67) is $280,585.33 (6%) lower than the list price ($4,288,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Top Cons:
High Association Fees: The property is subject to a significant monthly association fee of $688, which adds a considerable ongoing cost to homeownership.

Compared to the nearby listings

Price:$4.29M vs avg $3.65M (+$638,000)61%
Size:2,971 sqft vs avg 2,971 sqft50%
Price/sqft:$1.4K vs avg $1.2K73%

More Insights

Built in 2004 (22 years old).
Condition: Built in 2004, this property has undergone extensive recent renovations, including a gourmet kitchen with brand-new counters, stylish backsplash, and professional-grade appliances. Wide-plank wood flooring runs throughout, and major systems like the water heater, plumbing (whole-house repipe), and electrical (EV charger, paid-off solar) have been updated. While the primary bathroom's aesthetic is slightly more traditional, it is impeccably maintained and high-quality. The fresh interior and exterior paint, along with other modern conveniences, ensure the home meets current quality standards with virtually no deferred maintenance.
Year Built
2004
Close
-
List price
$4.29M
Original List price
$4.29M
Price/Sqft
$1,443
HOA
$688
Days on market
-
Sold On
-
MLS number
OC25279130
Home ConditionExcellent
Features
Patio
View-

About this home

Tucked behind the exclusive gates of The Summit at Turtle Ridge, 54 Valley Terrace offers nearly 3,000 square feet of beautifully finished living space with five bedrooms, including a main-level ensuite, and four and a half bathrooms. Wide-plank wood flooring runs throughout, and the formal living room features a wood-beamed ceiling and a grand fireplace. The formal dining room opens through French doors to a private outdoor atrium with its own fireplace, while a sun-filled breakfast nook complements the gourmet kitchen, updated with brand-new counters, a stylish backsplash, and professional-grade appliances including a new refrigerator, dishwasher, and range hood. The generously sized primary suite offers dual walk-in closets, dual vanities, and a spacious shower. Fresh interior and exterior paint throughout, a tankless water heater, whole-house repipe, new irrigation system, and an electric car charger provide peace of mind and modern convenience, while paid-off solar panels add efficiency and value. Additional highlights include a separate laundry room and a three-car garage. The backyard is designed for easy entertaining with hardscape, artificial turf, and a built-in BBQ, and residents of Turtle Ridge enjoy resort-style amenities including two pools with spas and cabanas, playgrounds, a clubhouse, private theater, and scenic walking trails, all while being conveniently located near award-winning Vista Verde Elementary and University High.

J
Jim Watson
Listing Agent

Nearby schools

9/10
Vista Verde
Public,•K-8•0.9mi
9/10
Rancho San Joaquin Middle School
Public,•7-8•2.4mi
9/10
University High School
Public,•9-12•1.7mi

Price History

Date
Event
Price
06/25/07
Sold
$1,700,000
02/05/04
Sold
$1,003,500
Condition Rating
Excellent
Built in 2004, this property has undergone extensive recent renovations, including a gourmet kitchen with brand-new counters, stylish backsplash, and professional-grade appliances. Wide-plank wood flooring runs throughout, and major systems like the water heater, plumbing (whole-house repipe), and electrical (EV charger, paid-off solar) have been updated. While the primary bathroom's aesthetic is slightly more traditional, it is impeccably maintained and high-quality. The fresh interior and exterior paint, along with other modern conveniences, ensure the home meets current quality standards with virtually no deferred maintenance.
Pros & Cons

Pros

Great Schools: Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Exclusive Gated Community & Resort-Style Amenities: Located within the exclusive, guard-gated Summit at Turtle Ridge, residents benefit from resort-style amenities including two pools, spas, cabanas, playgrounds, a clubhouse, private theater, and scenic walking trails, offering a luxurious and secure lifestyle.
Extensive Recent Upgrades & Modern Conveniences: The property boasts significant recent investments including fresh interior and exterior paint, a tankless water heater, whole-house repipe, new irrigation system, and an electric car charger, ensuring peace of mind and modern functionality. Paid-off solar panels further enhance efficiency and value.
Updated Gourmet Kitchen & Luxurious Primary Suite: The gourmet kitchen features brand-new counters, a stylish backsplash, and professional-grade appliances. The generously sized primary suite offers dual walk-in closets, dual vanities, and a spacious shower, catering to high-end living.
Spacious & Versatile Floor Plan: With nearly 3,000 square feet of beautifully finished living space, including five bedrooms and four and a half bathrooms, the home offers ample room. The inclusion of a main-level ensuite provides excellent versatility for guests or multi-generational living.
Top-Rated School District & Desirable Irvine Location: Situated in the highly sought-after city of Irvine, the home is conveniently located near award-winning schools such as Vista Verde Elementary and University High, making it ideal for families prioritizing education.

Cons

High Association Fees: The property is subject to a significant monthly association fee of $688, which adds a considerable ongoing cost to homeownership.
Lack of Views: Despite being in a desirable area, the property description explicitly states 'None' for views, which may be a drawback for buyers expecting scenic vistas at this price point.
Limited Natural Green Space in Backyard: The backyard is designed for easy entertaining with hardscape and artificial turf, which, while low-maintenance, may not appeal to buyers desiring a larger, more traditional natural grass yard or extensive landscaping options for a luxury home.
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