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Sold for $1,600,000
  • Listing Provided by: Harcourts Signature Properties
    Bought with: H & M Realty Group
    $1,600,000

    10511 Terrace Vw, Santa Ana, CA 92705

    6beds
    3,992sqft
    Single Family Residence
    Built in 1961
    0.54 Acres Lot
    $923,700 Zestimate®
    $401/sqft
    $7,816 Estimated rent

    Home value

    $923,700

    $878,000 - $970,000

    $7,816/mo

    Zestimate® history
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    What's special

    Four generously sized bedrooms
    Live Auction! Bidding to start from $900,000! A Rare Opportunity to Build Something Extraordinary in North Tustin! Welcome to 10511 Terrace View, set within one of North Tustin’s most desirable CUSTOM-home neighborhoods, this build-ready lot offers something virtually unheard of in today’s market: a flat construction pad with utilities already available and stubbed out, ready for immediate development. There is no demolition, no entitlement uncertainty, & no prolonged waiting period. What typically takes years has already been done. The property’s elevated position captures beautiful views of Catalina & a sense of privacy that defines luxury living in North Tustin. Set within the highly rated Tustin Unified School District, a factor that consistently enhances long-term value & buyer demand. This creative, highly functional single-story home was designed to elevate everyday living while supporting elegant entertaining. Four generously sized bedrooms comfortably accommodate king-size beds, with the flexibility to expand to 6 bedrooms, 4 full bathrooms, a gourmet kitchen with a walk-in pantry, oversized kitchen & laundry spaces for high-end appliances, & a seamless great-room layout create an open, inviting flow between the living, dining, family, & kitchen areas. Plans include the integration of a pool, spa, & waterfall into the retaining wall system, creating a resort-style outdoor environment that meaningfully expands usable space & elevates the overall living experience. While additional plan approvals will be required for the garage remodel and pool, spa, and waterfall construction, all other County approvals have already been obtained. Permits are authorized to be issued, allowing construction to proceed immediately into the permit issuance process without discretionary delays. The property also includes a substantial inventory of brand-new, unused fixtures & finishes. Approximately 75 percent of the custom bathroom, kitchen, & laundry plumbing fixtures are included, along with custom lighting, ceiling fans, & mirrors, all still in their original containers. These inclusions represent both cost savings & a meaningful acceleration of the build process. Opportunities like this do not come along often. A remarkable chapter is ready to be written on one of North Tustin’s most coveted streets. This is more than a property. It is a fully realized vision, thoughtfully designed, meticulously engineered, & now poised for immediate execution.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Mary Bell DRE #02240090 949-307-6322,

    Harcourts Signature Properties,

    Joshua Gollish DRE #02246174,

    Harcourts Signature Properties

    Bought with:

    Ryan Mitchell, DRE #01953299

    H & M Realty Group

    Source: CRMLS,MLS#: OC26014997MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 4
    • Main level bedrooms: 6
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,992 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground
    • Pool features: None
    • Has view: Yes
    • View description: Catalina, Coastline, Ocean
    • Has water view: Yes
    • Water view: Coastline,Ocean
    Lot
    • Size: 0.54 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 50370305
    • Special conditions: Standard
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: Yes
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Underground Utilities, Water Available

    Community & neighborhood

    Community
    • Community features: Biking, Horse Trails, Park
    Location
    • Region: Santa Ana

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    3/27/2026Sold$1,600,000+77.8%$401/sqft
    Source: CRMLS #OC26014997 Report a problem
    1/31/2026Contingent$900,000$225/sqft
    Source: CRMLS #OC26014997 Report a problem
    1/21/2026Listed for sale$900,000-43.8%$225/sqft
    Source: CRMLS #OC26014997 Report a problem
    8/2/2022Sold$1,600,000-1.5%$401/sqft
    Source: Public Record Report a problem
    7/29/2022Pending sale$1,625,000$407/sqft
    Source: CRMLS #OC22125327 Report a problem
    7/3/2022Contingent$1,625,000$407/sqft
    Source: CRMLS #OC22125327 Report a problem
    6/25/2022Price change$1,625,000-7.1%$407/sqft
    Source: CRMLS #OC22125327 Report a problem
    6/10/2022Listed for sale$1,750,000$438/sqft
    Source: CRMLS #OC22125327 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,832 +4.6%$1,308,042 +2%
    2024$14,178 -49.3%$1,282,395 -6.1%
    2023$27,946 +1145.6%$1,365,371 +726.2%
    2022$2,244 +5.5%$165,269 +2%
    2021$2,128 +0.6%$162,029 +1%
    2020$2,115 $160,368 +2%
    2019$2,115 +2.2%$157,224 +2%
    2018$2,070 +3.3%$154,142 +2%
    2017$2,003 $151,120 +2%
    2016$2,003 +1.7%$148,157 +1.5%
    2015$1,969 -2%$145,932 +2%
    2014$2,009 $143,074 +0.5%
    2013-- $142,428 +2%
    2012-- $139,636 +2%
    2011-- $136,899 +0.8%
    2010-- $135,876 -0.2%
    2009-- $136,200 +2%
    2008-- $133,530 +2%
    2007-- $130,912 +2%
    2006-- $128,346 +2%
    2005-- $125,830 +2%
    2004-- $123,363 +1.9%
    2003-- $121,103 +11.7%
    2002-- $108,415 +2%
    2001$1,093 +2.5%$106,290 +2%
    2000$1,066 $104,206

    Find assessor info on the county website

    Neighborhood: 92705

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $923,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $923,700