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
Bedrooms
2
Bathrooms
2
Square Feet
1,224
Lot Size
3,042 sqft
Year Built
1974
Property Type
Single Family Residence
Days on Market
16
HOA Fee
$352.8/mo
Garage Total
2
MLS #
OC26132839
Interior Features
Breakfast Bar, Cathedral Ceilings, Separate Formal Dining Room, Bedroom On Main Level, Main Level Primary, Walk In Closets
Fireplace
Gas, Living Room
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
Laundry
In Garage
Main Level Bedrooms
2
Main Level Bathrooms
2
Cooling
Central Air
Heating
Central, Forced Air, Fireplaces
Total Parking Spaces
2
Garage Spaces
2
Attached Garage
Yes
Parking Features
Door Single, Driveway, Electric Vehicle Charging Stations, Garage Faces Front, Garage
Patio & Porch
Concrete, Open, Patio, Tile
Fencing
Block
Roof
Concrete, Tile
Lot Features
Gentle Sloping, Lawn, Near Park, Ranch, Walkstreet
Pool Features
Community, In Ground, Association
Spa Features
Association, Community, Heated, In Ground
Sewer
Public Sewer
Water Source
Public
Maintenance Grounds, Pool, Spa Hot Tub
Curbs, Street Lights, Park, Pool
$0
| Rating | School Name | ||
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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