$1,195,000
SOLD JUN 16, 2025

2098 Lower Lake Dr Santa Ana, CA 92705

0.61 Acre
$1,959,016 Price per Acre
26,572 Sq Ft Lot

Recently Sold

$360 Per Sq Ft

49% Above List Price

41 Days on Market

Highlights

  • 0.61 Acre Lot
  • Views of a landmark
  • No HOA
  • Arroyo Elementary School Rated A
  • Community Lake
  • Hiking Trails

About This Lot

As of June 2025

LUXURY PROPERTY AUCTION. Bidding open now through May 29, 2025. Seller reserves the right to accept or reject bids. Additional terms apply, please inquire or visit Paramount Realty USA’s website for details. Opportunity Awaits! This .7 acre parcel is located in one of North Tustin's most popular estate neighborhoods in the Lemon Heights area. Situated adjacent to Peter's Canyon and a few homes from Bent Tree Community Park, a 2 acre haven of grass park, volleyball and play areas with meandering walking paths. It would be nearly impossible for find a more desirable location in North Tustin! Formerly a home that sold for $1,925,000 in 2007, the home was torn down and property was to be redeveloped as part of the 5 acre estate currently for sale abutting this property. Both properties are slated for Luxury Auction. Utilities should not be an issue since there was a former home on this parcel, but Buyer advised to investigate sewer access and suitability to build. The lot and area could easily support a $4 million dollar home and surrounded by large estates and beautiful homes. The setting and location are truly unique. Please note that price is reserve price for the property. Winning Bidder to pay 6% auction fee.

Last Agent to Sell the Property

Dean O'Dell

Seven Gables Real Estate Brokerage Email: dean@theodellgroup.com License #01060767 Listed on: 04/22/2025

Seven Gables Real Estate

Last Buyer's Agent

Dean O'Dell

Seven Gables Real Estate Brokerage Email: dean@theodellgroup.com License #01060767 Listed on: 04/22/2025

Seven Gables Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 0.61 Acre Lot
  • Density is up to 1 Unit/Acre
  • 502-391-14

Property Views

  • Views of a landmark
  • Hills
  • Park or Greenbelt
  • Neighborhood

Listing and Financial Details

  • Tax Tract Number 361
  • Assessor Parcel Number 50239110
  • Tax Block 42
  • $900 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Foothills
  • Property is near a preserve or public land

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Other Phone Description: The ODell Group
  • Other Phone Number: 714-925-9712
  • View: Yes
  • Property Type: Land
  • Parcel Number: 50239110
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 44.97

Exterior Features

  • View: Hills, Landmark, Neighborhood, Park/Greenbelt

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Lake, Park, Preserve/Public Land

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 502-391-14
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 26572.00
  • Lot Size Acres: 0.6100

Multi Family

  • Lot Size Area: 26572.0000 Square Feet

Tax Info

  • Tax Block: 42
  • Tax Census Tract: 756.06
  • Tax Tract Number: 361
  • TaxOtherAnnualAssessmentAmount: 900.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2009
Sold by
Krieger Suzanna and Krieger Mark R
Bought by
Shen Eric P and Mugello Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $1,195,000 -4.4% $360 / Sq Ft
06/04/2025 06/04/25 Price Changed $1,250,000 +56.3% $377 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $800,000 -33.1% $241 / Sq Ft
04/23/2025 04/23/25 Off Market $1,195,000 -- --
04/22/2025 04/22/25 For Sale $800,000 -- $241 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- -- -- --
2024 -- -- -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25087030

California Regional Multiple Listing Service (CRMLS)

APN: 502-391-14