$1,050,000
OPEN SAT 12PM - 4PM $100K PRICE DROP

Estimated payment $6,615/month

Total Views 2,057
2 Beds
2 Baths
1,224 Sq Ft
$858 Price per Sq Ft

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Cathedral Ceiling
  • University Park Elementary Rated A
  • Property is near park
  • Main Floor Bedroom

About This Home

Last Chance this WEEKEND...Price Reduced over $200,000+ Below Active Comps for a Quick Sale! Sellers Have Found Their Retirement Home and Don't Want to Lose it!! Don't Buy Someone Else's Remodel, Make This One Yours!! Nestled within the highly sought-after Terrace community of University Park, this exceptional Irvine location offers a lifestyle defined by convenience, recreation, and top-rated education. Residents enjoy beautifully maintained greenbelts, mature landscaping, expansive open spaces, resort-style pools and spas, playgrounds, picnic and barbecue areas, clubhouses, and scenic walking paths that create a peaceful neighborhood atmosphere.
This desirable single-story residence features 2 bedrooms and 2 bathrooms, offering a comfortable and functional floor plan designed for everyday living. The spacious living and dining areas are highlighted by soaring vaulted ceilings that create an open, airy feel, while a cozy gas fireplace serves as a welcoming focal point in the living room. Parquet wood flooring adds warmth and character throughout the main living spaces, complemented by carpeted bedrooms for comfort and a tile kitchen floor for easy maintenance.
The Terrace is one of Irvine's hidden gems, known for its quiet surroundings, established tree-lined streets, and strong sense of community. Ideally situated in the heart of Irvine, residents benefit from close proximity to award-winning Irvine Unified schools, including University Park Elementary, Rancho San Joaquin Middle School, and University High School. The community is also just minutes from University of California, Irvine, making it an attractive location for families, professionals, and university affiliates alike.
Outdoor enthusiasts will appreciate nearby parks, walking and biking trails, golf courses, and the popular Tanaka Farms. Premier shopping, dining, and entertainment destinations are all within easy reach, while convenient access to major freeways and the nearby John Wayne Airport simplifies commuting and travel.
Just a short drive from Orange County's renowned beaches and coastal destinations, The Terrace offers the perfect balance of suburban tranquility and Southern California convenience. With outstanding community amenities, beautifully maintained grounds, and an unbeatable central location, this is a wonderful opportunity to enjoy the highly desirable University Park lifestyle. Solar System Leased Year 8 of 20yrs

Listing Agent

Jerry Del Mauro

1% Listing Broker Brokerage Phone: 714-342-2552 License #01239069 Listed on: 06/17/2026

Open House Schedule

  • Saturday, July 11, 2026
    12:00 to 4:00 pm
    7/11/2026 12:00:00 PM +00:00
    7/11/2026 4:00:00 PM +00:00

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 3,042 Sq Ft Lot
  • Block Wall Fence
  • Gentle Sloping Lot
  • Lawn

HOA Fees

  • $353 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Planned Development
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Tile Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 170
  • Tax Tract Number 8002
  • Assessor Parcel Number 45317346
  • $133 per year additional tax assessments

Community Details

Overview

  • Terrace Association, Phone Number (949) 508-1583
  • Powerstone HOA
  • Terrace Subdivision
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

3,042 Sq Ft Lot

HOA Fees

$353 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Terrace (TR)
  • View: Yes
  • Architectural Style: Contemporary, Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45317346
  • Year Built: 1974
  • Special Features: OpenHouse

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Gas, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 857.84
  • Room Type: Walk-In Closet, Primary Bedroom, Entry, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
  • Spa Features: Association, In Ground, Community, Heated
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Walk-In Shower, Main Floor Full Bath, Bathtub, Double Sinks In Primary Bath, Shower
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Tile, Patio Open, Patio
  • Pool Features: Association, In Ground, Community
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Electric Vehicle Charging Station(s), Garage - Single Door, Garage Faces Front, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Cable Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Microwave, Electric Oven, Dishwasher, Electric Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Fireplace(s), Forced Air, Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Maintenance Grounds
  • Association Fee: 352.80
  • Association Fee Frequency: Monthly
  • Association Name: Terrace
  • Phone: 949-508-1583
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Street Lights
  • Association Management: Powerstone

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Ranch, Park Nearby, Walkstreet, Gentle Sloping, Lawn
  • Lot Size Sq Ft: 3042.00
  • Lot Size Acres: 0.0698

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3042.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 170
  • Tax Tract Number: 8002
  • TaxOtherAnnualAssessmentAmount: 133.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,084 $678,939 $580,231 $98,708
2024 $6,934 $665,627 $568,854 $96,773
2023 $6,754 $652,576 $557,700 $94,876
2022 $6,632 $639,781 $546,765 $93,016
2021 $6,483 $627,237 $536,044 $91,193
2020 $6,445 $620,806 $530,548 $90,258
2019 $6,302 $608,634 $520,145 $88,489
2018 $6,189 $596,700 $509,946 $86,754
2017 $6,060 $585,000 $499,947 $85,053
2016 $1,047 $94,233 $34,146 $60,087
2015 $1,032 $92,818 $33,633 $59,185
2014 $1,012 $91,000 $32,974 $58,026
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2026 07/10/26 Price Changed $1,050,000 -3.2% $858 / Sq Ft
07/03/2026 07/03/26 Price Changed $1,085,000 -5.7% $886 / Sq Ft
06/17/2026 06/17/26 For Sale $1,150,000 +96.6% $940 / Sq Ft
11/30/2016 11/30/16 Sold $585,000 -3.9% $478 / Sq Ft View Prior Sale
10/03/2016 10/03/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $609,000 -- $498 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $585,000 Chicago Title
Grant Deed $179,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $263,000 New Conventional
Closed $320,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26132839

California Regional Multiple Listing Service (CRMLS)

APN: 453-173-46

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