Rare opportunity to own in Irvine’s highly sought-after University Park community. Lovingly held and maintained since 1973, this spacious 4-bedroom, 2.5-bath residence offers approximately 2,300 square feet of living space in a prime interior location. A rare and valuable asset for the area, this property features two garages and two separate driveways, providing exceptional parking and storage.
Set behind a private gated courtyard entry, the home features generous living areas by a cozy fireplace, rich wood and stone flooring, and timeless architectural details. This versatile floorplan is ideal for expansion and reimagining, offering a flexible layout ready for its next chapter. The master suite serves as a peaceful retreat, showcasing dramatic vaulted ceilings and a private balcony overlooking the scenic greenbelt and community pool.
Ideally positioned along a peaceful greenbelt, the property enjoys tranquil views and direct access to miles of community pathways. Walk directly to the pool right from your private rear gate. Residents of University Park enjoy access to premier community amenities including pools, spas, clubhouse facilities, tennis courts, a pickleball court, parks, picnic areas, playgrounds, and expansive greenbelts.
The location places you just minutes from the University of California, Irvine, Rancho San Joaquin Golf Course, shopping, dining, parks, and major transportation corridors. Due to its exceptional proximity to the UCI campus and surrounding employment centers, this property offers incredible potential as a long-term addition to any investment portfolio. This is a highly time-sensitive opportunity to acquire a home offering an increasingly rare combination of size, unique features, location, and potential in University Park.
Under contract
Listed by: First Team Real Estate
Price cut: $100K (6/23)
$1,399,998
4 Mandrake Way, Irvine, CA 92612
4beds
2,304sqft
Single Family Residence
Built in 1967
3,200 Square Feet Lot
$1,380,900 Zestimate®
$608/sqft
$254/mo HOA
What's special
- 26 days |
- 3,022 |
- 93 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Eric Duncan DRE #01895492 ericduncan@firstteam.com,
First Team Real Estate
Source: CRMLS,MLS#: OC26106494
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Living Room, Other
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Enclosed Toilet, Linen Closet, Multiple Shower Heads, Separate Shower, Tub Shower, Vanity
Kitchen
- Features: Built-in Trash/Recycling, Pots & Pan Drawers, Self-closing Drawers
Kitchen
- Features: Galley Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Forced Air, Fireplace(s), Natural Gas
Cooling
- Central Air
Appliances
- Included: Built-In Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Dryer, Washer
- Laundry: In Garage
Features
- Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, High Ceilings, Storage, Solid Surface Counters, Bedroom on Main Level, Galley Kitchen, Walk-In Closet(s)
- Flooring: Carpet, Stone, Wood
- Doors: Sliding Doors
- Windows: Double Pane Windows, Screens, Skylight(s), Shutters
- Has fireplace: Yes
- Fireplace features: Family Room, Gas, Primary Bedroom, Wood Burning
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total interior livable area: 2,304 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Door-Multi, Driveway, Garage Faces Front, Garage, Public, On Street
- Attached garage spaces: 2
Accessibility
- Accessibility features: Parking
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level
- Patio & porch: Concrete, Open, Patio, Stone
- Exterior features: Lighting
- Pool features: Association
- Has spa: Yes
- Spa features: Association
- Fencing: Block,Good Condition,Wrought Iron
- Has view: Yes
- View description: Park/Greenbelt, Neighborhood, Pool
Lot
- Size: 3,200 Square Feet
- Dimensions: 3200
- Features: Back Yard, Drip Irrigation/Bubblers, Greenbelt, Sprinklers In Front, Near Park, Sprinklers Timer
Details
- Parcel number: 45306340
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Spanish
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Drywall, Stucco, Synthetic Stucco
- Foundation: Slab
- Roof: Common Roof,Flat,Spanish Tile,Tile
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Electric: Electricity - On Property, 220 Volts in Garage
- Sewer: Sewer Tap Paid
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Dog Park, Golf, Hiking, Preserve/Public Land, Street Lights, Suburban, Sidewalks, Park
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Village I (V1)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Controlled Access, Sport Court, Maintenance Grounds, Management, Other Courts, Playground, Pickleball, Pool, Pet Restrictions, Recreation Room, Spa/Hot Tub, Tennis Court(s)
- HOA fee: $181 monthly
- HOA name: University Community Association
- HOA phone: 949-786-8212
- Second HOA fee: $219 quarterly
- Second HOA name: University Community Insurance Association
- Second HOA phone: 714-508-9070
Location
- Region: Irvine
Financial & listing details
- Price per square foot: $608/sqft
- Tax assessed value: $99,914
- Annual tax amount: $1,102
- Date on market: 6/4/2026
- Cumulative days on market: 26 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Fannie Mae,Subject To Other
- Road surface type: Paved
Estimated market value
$1,380,900
$1.31M - $1.45M
$5,868/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Contingent | $1,399,998$608/sqft |
Source:  CRMLS #OC26106494 Report a problem | ||
| 6/23/2026 | Price change | $1,399,998-6.7%$608/sqft |
Source: CRMLS #OC26106494 Report a problem | ||
| 6/8/2026 | Price change | $1,500,000-9.1%$651/sqft |
Source: CRMLS #OC26106494 Report a problem | ||
| 6/5/2026 | Listed for sale | $1,650,000$716/sqft |
Source: CRMLS #OC26106494 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,102 +2.8% | $99,914 +2% |
| 2024 | $1,072 +2.8% | $97,955 +2% |
| 2023 | $1,043 +2% | $96,035 +2% |
| 2022 | $1,022 +2.5% | $94,152 +2% |
| 2021 | $997 +0.8% | $92,306 +1% |
| 2020 | $990 | $91,360 +2% |
| 2019 | $990 +2.3% | $89,569 +2% |
| 2018 | $967 +4.8% | $87,813 +2% |
| 2017 | $923 | $86,092 +2% |
| 2016 | $923 +4.4% | $84,404 +1.5% |
| 2015 | $884 -2.4% | $83,137 +2% |
| 2014 | $905 | $81,509 +0.5% |
| 2013 | -- | $81,141 +2% |
| 2012 | -- | $79,550 +2% |
| 2011 | -- | $77,991 +0.8% |
| 2010 | -- | $77,409 -0.2% |
| 2009 | -- | $77,594 +2% |
| 2008 | -- | $76,073 +2% |
| 2007 | -- | $74,582 +2% |
| 2006 | -- | $73,120 +2% |
| 2005 | -- | $71,687 +2% |
| 2004 | -- | $70,282 +1.9% |
| 2003 | -- | $68,994 +2% |
| 2002 | -- | $67,642 +2% |
| 2001 | $653 +1.5% | $66,316 +2% |
| 2000 | $643 | $65,016 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: University Park
Nearby schools
GreatSchools rating
- 9/10University Park Elementary SchoolGrades: K-6Distance: 0.4 mi
- 10/10Rancho San Joaquin Middle SchoolGrades: 7-8Distance: 1.1 mi
- 9/10University High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: University Park
- Middle: Rancho San Joaquin
- High: University
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- California
- Orange County
- Irvine
- 92612
- University Park
- 4 Mandrake Way
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