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6 Banyan Tree, Irvine, California 92612, Irvine, 92612 - 4 bed, 2 bath

6 Banyan Tree, Irvine, California 92612 home-pic-0
ACTIVE$1,600,000$1,916/sqft
Est. Value: $1,651,802
3%
BelowEstimate
6 Banyan Tree, Irvine, California 92612
4Beds
2Baths
1,916Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($1,651,801.85) is $51,801.85 (3%) higher than the list price ($1,600,000). This property may be underpriced.

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:
Age of Original Construction: While updated, the home was built in 1973, meaning the original foundation, framing, and potentially some core systems (e.g., plumbing, electrical, roof if not recently replaced) are over 50 years old, which may require future attention or maintenance.

Compared to the nearby listings

Price:$1.60M vs avg $1.46M (+$140,000)61%
Size:1,916 sqft vs avg 1,749 sqft61%
Price/sqft:$835 vs avg $90727%

More Insights

Built in 1973 (53 years old).
Condition: Despite being built in 1973, this property has undergone extensive and recent renovations, bringing its key living spaces to an excellent, virtually new condition. The kitchen features modern white shaker cabinetry, stone countertops, stainless steel appliances, and a large center island. Both bathrooms are fully remodeled with contemporary vanities, stone countertops, modern fixtures, and updated tile showers. The entire home boasts new wood-look tile flooring and recessed lighting, creating a fresh, move-in ready aesthetic that meets current quality standards.
Year Built
1973
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$835
HOA
$400
Days on market
-
Sold On
-
MLS number
CV25279805
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Welcome to 6 Banyan Tree Lane, a beautifully updated single-level home located in Irvine’s highly desirable University Park community. This residence features 4 bedrooms and 2 bathrooms with a functional, open layout designed for comfortable everyday living. The spacious living area offers vaulted ceilings, abundant natural light, and a cozy fireplace. The remodeled kitchen opens to the living and dining spaces and includes white cabinetry, stone countertops, stainless steel appliances, and a large center island—ideal for both daily use and entertaining. Tile flooring runs throughout the home for durability and ease of maintenance. The primary suite provides generous space, a remodeled en-suite bathroom, and a walk-in closet. Additional highlights include an interior laundry room, an attached two-car garage with direct access, and a private backyard with patio space and low-maintenance landscaping. The home is situated on a quiet single-loaded street, offering added privacy and convenience. Residents enjoy access to community pools, spas, parks, playgrounds, and greenbelts, along with proximity to top-rated Irvine schools, shopping, dining, and major commuter routes. Move-in ready and ideally located—this home offers the best of Irvine living.

A
Alfonso Gomez
Listing Agent

Nearby schools

6/10
University Park Elementary School
Public,•K-6•0.5mi
9/10
Rancho San Joaquin Middle School
Public,•7-8•0.3mi
9/10
University High School
Public,•9-12•1.1mi

Price History

Date
Event
Price
08/13/19
Sold
$860,000
Condition Rating
Excellent
Despite being built in 1973, this property has undergone extensive and recent renovations, bringing its key living spaces to an excellent, virtually new condition. The kitchen features modern white shaker cabinetry, stone countertops, stainless steel appliances, and a large center island. Both bathrooms are fully remodeled with contemporary vanities, stone countertops, modern fixtures, and updated tile showers. The entire home boasts new wood-look tile flooring and recessed lighting, creating a fresh, move-in ready aesthetic that meets current quality standards.
Pros & Cons

Pros

Great Schools: Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Prime Location & Community: Located in Irvine’s highly desirable University Park community, offering excellent proximity to top-rated schools, shopping, dining, major commuter routes, and access to community pools, spas, parks, and greenbelts.
Extensively Updated Interior: The home is beautifully updated, featuring a remodeled kitchen with modern appliances and a large center island, a remodeled en-suite primary bathroom, and durable tile flooring throughout, making it move-in ready.
Functional & Open Layout: The single-level home boasts a functional, open layout with vaulted ceilings, abundant natural light, and a spacious living area that seamlessly connects to the dining and kitchen spaces, ideal for modern living and entertaining.
Single-Level Living & Privacy: Offering the convenience of single-level living, the property is situated on a quiet, single-loaded street and includes a private backyard with patio space and low-maintenance landscaping, enhancing privacy and appeal.
Top-Rated School Access: The property benefits from being within the highly acclaimed Irvine Unified School District, with top-rated elementary, middle, and high schools all within close proximity.

Cons

Age of Original Construction: While updated, the home was built in 1973, meaning the original foundation, framing, and potentially some core systems (e.g., plumbing, electrical, roof if not recently replaced) are over 50 years old, which may require future attention or maintenance.
High Monthly Association Fee: The $400.0 monthly association fee is a significant recurring expense that adds to the overall cost of ownership and could be a deterrent for some buyers.
Unspecified Cooling System: The property description does not explicitly mention a cooling system (e.g., central air conditioning). Given the 1973 build year, this could imply an older, less efficient system, or potentially no central air conditioning, which would be a notable drawback in Irvine's climate.
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