56 Monticello, Irvine, California 92620, Irvine, 92620 - 4 bed, 3 bath
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56 Monticello
Irvine, California 92620
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,366Sq Ft
5,500Lot Size
Property Price
LIST PRICE$1,880,000
EST. MARKET VALUE
$1,920,000
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,920,000—positioned well below the $2,029,401 Fair Market Value by 5%. This valuation gap offers $109,401 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home boasts a fully renovated kitchen, luxury vinyl flooring, and a private backyard with a pool and spa. Located in the prestigious Irvine Unified School District, this property is an ideal choice for discerning homeowners or families seeking a move-in-ready sanctuary.
Estimated Market Value
$1,920,000
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 |
|---|---|---|---|---|---|---|
★ 56 Monticello Subject | $1,880,000* List Price | 4 | 3 | 2,366 | $811 | - |
A 20 Farragut Sold | $1,725,000 | 4 | 3 | 2,524 | $683 | 0.2 mi |
B 64 Bennington Sold | $1,940,000 | 4 | 3 | 2,205 | $880 | 0.2 mi |
C 4171 Blackfin Sold | $1,845,000 | 4 | 3 | 2,550 | $724 | 0.8 mi |
D 25 Bennington Sold | $2,000,000 | 4 | 3 | 2,470 | $810 | 0.2 mi |
E 26 Alegria Sold | $1,885,000 | 4 | 3 | 2,400 | $785 | 0.8 mi |
F 7 Nantucket Sold | $1,900,000 | 4 | 3 | 2,515 | $755 | 0.1 mi |
G 28 Alondra Sold | $1,908,000 | 5 | 3 | 2,399 | $795 | 0.7 mi |
H 12 Mayflower Sold | $1,955,000 | 4 | 3 | 2,300 | $850 | 0.5 mi |
I 28 Cambridge Active Under Contract | $2,099,000 List Price | 4 | 3 | 2,559 | $820 | 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.
The property has undergone a complete high-end renovation featuring a modern kitchen with Kitchen-Aid appliances, fully remodeled bathrooms with porcelain tile and quartz, and new luxury vinyl flooring. It is in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Renovations
The property is fully upgraded with high-end finishes, including luxury vinyl flooring, Kitchen-Aid stainless steel appliances, and designer bathrooms with porcelain tile and quartz countertops, offering a move-in-ready experience.
- Premium Outdoor Amenities
The private backyard features a swimming pool, spa, and covered patio, providing a rare resort-style entertainment space that is highly sought after in the Irvine market.
- Superior Financial Value
Located in a desirable Northwood neighborhood with no HOA fees or Mello-Roos assessments, this home offers significant monthly savings compared to newer Irvine developments.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
The 5,500 square foot lot is relatively small given the inclusion of a pool and spa, which significantly limits the remaining usable green space or yard area.
- Vintage Infrastructure
Despite the extensive cosmetic and interior renovations, the 1978 construction year suggests that underlying structural elements or major systems may be aged compared to newer builds in the area.
About 56 Monticello
NO HOA, NO MELLO-ROOS,REMODELED AND TURKEY! THE WHOLE HOUSE REPIPING WITH 25 YEAR WARRANTEE.Fully renovated home is nested in the desirable Northwood of Irvine.Sophisticated upgraded throughout. This home features luxury Vinyl flooring,Recessed and elegant lighting, Dural-Panel windows. All the bathrooms have been remodeled with high-end porcelain tile ,quartz countertops and vanities. Upon entering, you are greeted by a bright and airy living room with high ceiling, add to the sense of openness. The family room with a cozy fireplace opening directly to the backyard through sliding glass door. The fully remodeled kitchen overlooking the backyard and swimming pool features elegant quartz countertops, white cabinetry, Kitchen-Aid brand stainless steel appliances. The main floor offers a room and a renovated bathroom, this space can serve as a dinning room, home office, guest room or a private retreat for family members. The impressive large primary suite overlooking the swimming pool serves as a private retreat. The luxury remodeled primary bathroom features high-end porcelain tile finishes, quartz countertops , walk-in shower and modern style soaking tub. The large and beautiful private backyard with swimming pool, spar and a covered patio is designed for year-round enjoyment, it is perfect for family gathering and entertaining. This home is convenient, close to Award-Winning Sierra Vista Middle School, Northwood High School, community park, Zion Market, I-5 HWY.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 5,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Irvine Unified Schools
Northwood Elementary School
Grades K-6 • 0.5 mi
7/10
Brywood Elementary School
Grades K-6 • 0.5 mi
8/10
Santiago Hills Elementary School
Grades K-6 • 0.6 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,366 | 2,517 |
| Lot Size | 5,500 | 4,991 |
| Price | $1.88M | $2.12M |
| Price per sq ft | $795 | $868 |
| Built year | 1978 | 1999 |
| HOA | $0 | $193 |
| Days on market | 35 | 53 |
Pricing History
Listed for Sale
Sep 2, 2026
$1,880,000
$1,920,000
-2% Price Drop
Initial Listing
Price Change
Aug 5, 2026
$1,920,000
Initial Listing
Sold
Nov 26, 2024
$1,625,000
Public Record
Sold
Feb 10, 2000
$345,000
Public Record