ActiveResidential · sale

58 Shade Tree

Irvine, CA 92603

$3,288,000

  • 4 beds
  • 3 baths
  • 2,743 sq ft
  • 0.11 acres
  • Built 2003

Listed by Pacific Sotheby's Int'l Realty · MLS #OC26134900

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2003.

Garage parking

2 garage spaces listed.

Property size

0.11 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Back on the market Buyer could not perform Discover one of the most soughtafter floor plans in Canyons Edge the largest in the community and a true community favorite that rarely comes available Offering approximately 2750 square feet of living space with 4 bedrooms and 3 full bathrooms this spacious twostory residence features a private master suite conveniently located on the main level complete with a spacious walkin closet A second bedroom downstairs enjoys its own full bath conveniently accessible from the hallway as well perfect for guests or multigenerational living while upstairs two additional bedrooms share a beautifully updated full bathroom The heart of the home is a dramatic wideopen kitchen and family room area the signature feature that sets this plan apart from every other model in the community beautifully updated with new stone countertops a huge center island and stainless steel appliances This home has been freshly refreshed throughout including newer wood flooring new carpet and new paint along with a brandnew water heater for true moveinready peace of mind New landscaping enhances curb appeal and the spacious wraparound yard offers true privacy with no neighbors behind backing to a peaceful grassy hillside beautifully staged with a dining table and seating area this private outdoor retreat is perfect for entertaining and offers plenty of room for kids and pets to play The home also features paidfor solar keeping electricity bills remarkably low Located within an exclusive gated community of just 70 residences featuring a resortstyle pool and spa this home is walking distance to awardwinning Vista Verde K8 moments from University High School and UCI with convenient access to Bommer Canyon hiking trails lush parks worldclass shopping at South Coast Plaza and Fashion Island Californias beaches and easy access to the 73 and 405 freeways Dont miss this rare chance to own the most desirable floor plan in Canyons Edge

THE NEIGHBORHOOD

Explore the location.

58 Shade Tree, Irvine, CA 92603

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2003
Full baths
3
Garage spaces
2
Cooling
CentralAir,Gas
Heating
Central,ForcedAir,Solar
Appliances
SixBurnerStove,Dishwasher,IceMaker,Microwave,WaterHeater
Flooring
Carpet,Wood
Utilities
CableConnected,NaturalGasAvailable,PhoneAvailable,SewerAvailable,WaterAvailable
Fencing
WroughtIron
Pool
No
Pool features
Association
Spa
Yes
Subdivision
Canyon's Edge (CYNE)
Parcel
93073813
HOA
Canyon's Edge
HOA amenities
ControlledAccess,Barbecue,Pool,SpaHotTub,Trails,Utilities
HOA fee frequency
Monthly
Elementary school
Vista Verde
Middle school
Vista Verde
High school
University
HOA fee
$366.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$13,700.00
Cap rate

Annual operating income:

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

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58 Shade Tree, Irvine, CA 92603 · MLS #OC26134900

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Listing information

MLS #OC26134900 · California Regional MLS

Listing brokerage: Pacific Sotheby's Int'l Realty
Listing agent: Joele Romeo

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.