7 Boone, Irvine, California 92620, Irvine, 92620 - 4 bed, 3 bath
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Irvine, California 92620
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,899,000—positioned well below the $1,977,884 Fair Market Value by 3%. This valuation gap offers $78,884 in Instant Equity. Featuring a remodeled quartz kitchen, paid solar, and ADU potential, the home maintains an Excellent Condition Rating. Located in the top-tier Irvine Unified School District, this property is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or savvy investors prioritizing long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7 Boone Subject | $1,848,000* List Price | 4 | 3 | 2,109 | $900 | - |
A 11 De Forest Sold | $1,775,000 | 4 | 2 | 1,900 | $934 | 0.2 mi |
B 9 Sheridan Sold | $1,790,000 | 4 | 2 | 1,900 | $942 | 0.3 mi |
C 25 Bennington Sold | $2,000,000 | 4 | 3 | 2,470 | $810 | 0.4 mi |
D 39 Cape Cod Sold | $1,978,000 | 4 | 3 | 2,236 | $885 | 0.6 mi |
E 12 Mayflower Sold | $1,955,000 | 4 | 3 | 2,300 | $850 | 0.7 mi |
F 4061 Salacia Sold | $1,782,000 | 4 | 3 | 2,550 | $699 | 0.9 mi |
G 31 Columbus Active | $1,849,000 List Price | 4 | 3 | 2,109 | $877 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1977, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a remodeled kitchen with quartz countertops and shaker cabinets, updated bathrooms, brand-new hardwood flooring, and modern system upgrades including paid solar and an EV charger.
Elementary School: Santiago Hills Elementary School (9/10). Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
A rare find in Irvine with no HOA fees, no Mello-Roos assessments, and fully paid solar panels, significantly lowering the total cost of ownership compared to neighboring communities.
The oversized 7,490 sq. ft. lot features RV parking and significant ADU potential, complemented by a 250 sq. ft. bonus room that provides flexible space for a home office or gym.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally built in 1977, the property may possess older underlying systems or architectural elements that lack the contemporary open-flow design of newer Irvine developments.
With 35 days on market at a nearly $1.9M price point, the property may be testing the upper limit of valuation for the Northwood area relative to its age and square footage.
Northwood (IUSD) | Price Improvement | Large Lot | Paid Solar | No HOA | ADU Potential Limited-inventory Northwood opportunity on a generously sized lot with paid solar and no HOA in one of Irvine’s most established residential neighborhoods. This well-maintained residence offers a functional floor plan with strong natural light and seamless indoor-outdoor living. In addition to the main living areas, the property includes a separate approximately 220 sq ft detached flex structure (not included in recorded square footage), ideal for home office, creative studio, gym, or storage use (buyer to verify permits, use, and suitability). The property sits on a substantial lot with strong ADU potential (buyer to verify), providing flexible options for multi-generational living, extended household use, or future expansion. Key features include: No HOA Paid solar system Large lot with expansion potential Detached approx. 220 sq ft flex space (not included in home square footage) Strong ADU potential for multi-generational living (buyer to verify) Established residential setting in a cul-de-sac Opportunities combining usable lot size, functional auxiliary space, and expansion flexibility are increasingly limited in today’s market. Conveniently located near parks, shopping, dining, schools, and major commuter routes. A compelling opportunity for buyers seeking space, flexibility, and long-term value in a highly established Irvine community.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.3 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,109 | 2,511 | 29% |
| Lot Size | 7,490 | 4,536 | 95% |
| Price | $1.85M | $1.96M | 38% |
| Price per sq ft | $876 | $841 | 65% |
| Built year | 1977 | 1996 | 12% |
| HOA | $0 | $135 | 25% |
| Days on market | 57 | 124 | 11% |
May 30, 2026
$1,848,000
$1,899,000
-3% Price Drop
Initial Listing
Apr 10, 2026
$1,899,000
Initial Listing
Mar 4, 2008
$720,000
Public Record