7 Carriage, Irvine, California 92602, Irvine, 92602 - 4 bed, 3 bath
7 Carriage
Irvine, California 92602
Property Price
SUMMARY
Analysis of 7 Carriage, Irvine, California 92602 reveals a Prime Investment Opportunity with a current list price of $1,988,000—significantly undercutting the $2,098,813 Fair Market Value by 5%. This valuation gap indicates a +$110,813 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 |
|---|---|---|---|---|---|---|
★ 7 Carriage Subject | $1,988,000* List Price | 4 | 3 | 2,480 | $846 | - |
A 8 Upland Sold | $2,498,888 | 4 | 3 | 2,700 | $926 | 0.9 mi |
B 21 National Place Sold | $1,850,000 | 4 | 3 | 2,294 | $806 | 0.3 mi |
C 28 Boulder Creek Sold | $1,935,000 | 5 | 3 | 2,287 | $846 | 0.3 mi |
D 61 English Saddle Sold | $2,550,000 | 4 | 3 | 2,695 | $946 | 1.0 mi |
E 65 English Saddle Sold | $2,400,000 | 4 | 3 | 2,503 | $959 | 0.9 mi |
F 59 Boulder Creek Way Active | $1,949,999 List Price | 4 | 4 | 2,349 | $830 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1999, the property has undergone approximately $200,000 in recent high-end renovations, including a complete chef's kitchen with premium finishes, fully remodeled modern bathrooms, and upgraded flooring throughout. The addition of a $40,000 paid-off solar system with battery storage, EV charging capabilities, and a custom sunroom places this home in the highest quality category for its age and condition.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive High-End Upgrades
The residence features approximately $200,000 in premium improvements, including a chef’s kitchen, fully renovated spa-inspired bathrooms, and a custom-added sunroom, offering a turnkey luxury experience.
- Advanced Energy Infrastructure
Equipped with a fully paid-off $40,000 solar system, two battery storage units, and a 240V EV-ready garage, the home provides exceptional energy efficiency and long-term utility savings.
- Elite School District
Located in the desirable West Irvine area, the property is served by top-rated Tustin Unified schools, including Arnold O. Beckman High and Pioneer Middle School, both boasting high academic ratings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Lot Size
At just 3,915 square feet, the lot is relatively compact for a home at this price point, which may limit outdoor recreational space and privacy compared to larger estate lots.
- Lack of Scenic Views
The property listing indicates no significant views, which could be a drawback for buyers seeking the panoramic vistas often associated with premium Irvine real estate.
About 7 Carriage
Experience elevated living in this extensively upgraded 4-bedroom residence showcasing approximately $200,000 in high-quality improvements throughout … .. … The heart of the home is a stunning chef’s kitchen featuring a large center island, custom full-height backsplash, and premium finishes. The spacious separate family room with fireplace offers a warm and inviting atmosphere, while the formal dining room provides an elegant setting for gatherings and special occasions. Retreat to the luxurious primary suite complete with a fully customized spa-inspired bathroom, offering a separate shower, Jacuzzi tub, and direct access to a private balcony enhanced with waterproof tiled flooring. fourth bedroom is being used as an office. Every bathroom in the home has been renovated with modern, high-end finishes. Premium upgraded flooring flows seamlessly throughout the entire home, adding both style and durability .. .. .. Energy efficiency meets modern convenience with a NEW FULLY PAID OFF $40,000 SOLAR SYSTEM including 2 BATTERY STORAGE UNITS The garage is equipped with a 240V electrical line, ready for EV charger installation. .. .. .. Additional highlights include a beautifully added SUN ROOM with upgraded rear exterior wall and designer tile finishes, newer exterior paint, perimeter fencing for added privacy, and professionally landscaped front and backyard grounds. Enjoy the tranquil natural river-stone wellness walking path, thoughtfully designed to create a peaceful outdoor retreat… .. .. ..Award Wining Orchard Hills Elementary/Middle school and Beckman High School .. .. .. This exceptional home blends luxury, functionality, and sustainability—truly move-in ready and designed for modern living
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 3,915 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
Myford Elementary School
Grades PK-5 • 0.6 mi
Pioneer Middle School
Grades 6-8 • 0.7 mi
Tustin Connect Academy
Grades K-8 • 3.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 41% |
| Square foot | 2,480 | 3,056 | 18% |
| Lot Size | 3,915 | 4,787 | 20% |
| Price | $1.99M | $2.72M | 13% |
| Price per sq ft | $802 | $946 | 15% |
| Built year | 1999 | 2016 | 11% |
| HOA | $0 | $345 | 8% |
| Days on market | 8 | 171 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,988,000
Initial Listing
Sold
Jul 11, 2002
$529,500
Public Record
Sold
Jun 3, 1999
$340,500
Public Record