6 Mandrake Way, Irvine, California 92612, Irvine, 92612 - 5 bed, 3 bath
6 Mandrake Way
Irvine, California 92612
Property Price
SUMMARY
Analysis of 6 Mandrake Way, Irvine, California 92612 reveals a Prime Investment Opportunity with a current list price of $1,938,000—significantly undercutting the $2,075,537 Fair Market Value by 6%. This valuation gap indicates a +$137,537 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6 Mandrake Way Subject | $1,938,000* List Price | 5 | 3 | 2,682 | $774 | - |
A 18 Meadowsweet Way Sold | $1,927,800 | 4 | 3 | 2,920 | $660 | 0.1 mi |
B 10 Lassen Sold | $1,690,000 | 3 | 3 | 1,810 | $934 | 0.3 mi |
C 20 Mayapple Way Sold | $1,560,000 | 4 | 3 | 1,896 | $823 | 0.1 mi |
D 24 Spicewood Way Active | $2,168,000 List Price | 4 | 3 | 2,682 | $808 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 1968 property has undergone an extensive recent renovation that brings it to current modern standards. The interior features a high-end chef's kitchen with quartz countertops, a large island, and premium stainless steel appliances. The bathrooms are fully updated with contemporary tile work, glass-enclosed showers, and modern vanities. Additional upgrades include new wide-plank flooring, recessed LED lighting, a new A/C system, and updated windows, leaving no evidence of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3200, living area = 2682.
About 6 Mandrake Way
Welcome to this beautifully renovated 5BD/3BA home in prestigious University Park, showcasing a bright open floor plan, refined modern finishes, and 2,682 sq ft of elevated living. Residents enjoy exceptional resort-style amenities, including multiple pools, spas, a clubhouse, tennis and pickleball courts, soccer fields, and over 47 acres of lush greenbelts and walking paths. The home features a gated courtyard entry, double-door foyer, new A/C system, sleek flooring, recessed lighting, and abundant storage throughout. Ideally located within a short walk to the Library, University Park Elementary School, and University High School, and just minutes from UC Irvine, Rancho San Joaquin Golf Course, and convenient nearby shopping. A wonderful value for the fortunate new owner.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 3,200 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $181.0 / Month
Neighborhood Insights
Irvine Unified Schools
University Park Elementary School
Grades K-6 • 0.4 mi
Rancho San Joaquin Middle School
Grades 7-8 • 1.0 mi
University High School
Grades 9-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,682 | 1,853 | 91% |
| Lot Size | 3,200 | 4,394 | 27% |
| Price | $1.94M | $1.50M | 73% |
| Price per sq ft | $723 | $911 | 14% |
| Built year | 1968 | 1974 | 27% |
| HOA | $181.0 | $294 | 27% |
| Days on market | 21 | 191 | 5% |
Pricing History
Listed for Sale
Feb 14, 2026
$1,938,000
Initial Listing
Sold
May 16, 2022
$1,350,000
Public Record
Sold
Jul 17, 2007
$700,000
Public Record