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1881 Rainbow Dr, North Tustin, CA 92705
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1881 Rainbow Dr North Tustin, CA 92705

$2,288,000 Sold Price as of 10/28/2020
  • 4 Beds
  • 3.5 Baths
  • 4,134 Sq.Ft.
Sold
$2,288,000 Sold Price as of 10/28/2020 Refinance Your Mortgage
Map preview of 1881 Rainbow Dr, North Tustin, CA 92705

Property Overview: 1881 Rainbow Dr North Tustin, CA has 4 bedrooms, 3.5 bathrooms, 4,134 living square feet and 54,333 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Big Price Improvement - $300,000! Rare opportunity to own 2 parcels of flat land totalling 54,334 sqft in North Tustin.  Situated at the end of a quiet cul-de-sac, this beautiful and unique, 4 bedroom + office, 3.5 bath home is located on a double lot with over an acre of land.  The plantation-style home is the perfect blend of old and new combining elegant living with modern amenities.  The home features an updated kitchen with designer fixtures including a Dacor refrigerator and Viking stove, formal dining room, billiards room/lounge with custom, built-in bar and wine storage, family room and a private home movie theater.  One bedroom and the office is located downstairs. The remaining bedrooms are located upstairs with the master bedroom boasting a beautiful ensuite with large, oval soaking tub with jets and upgraded, oversize steam shower.  The spacious grounds are perfect for entertaining and include a swimming pool, a tennis court, two detached garages with enough room for 5 cars and motor court with room for 10 vehicles.  Private, gated grounds with two entrances.

Listed by Ava Huang | BRE #01959336 | Keller Williams Realty Irvine
Last checked: 13 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
54,333
HOA Dues
$0/mo
Year built
1918
Garage
5 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC20141376
City
North Tustin
County
Orange
Time on Site
1389 days

Virtual Tour

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Property Details for 1881 Rainbow Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Area, Dining Ell, Family Kitchen, Separated
  • Flooring: Carpet, Laminate, Wood
  • Basement, Dressing Area, Family Room, Home Theatre, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Separate Family Room, Sound Studio, Utility Room, Wine Cellar
Kitchen Information
  • Self-closing drawers
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Attic Fan, Balcony, Bar, Built-in Features, Granite Counters, Home Automation System, Recessed Lighting, Storage, Trash Chute, Wet Bar
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Pool
  • Pool Features: Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway - Brick, Garage, Gated, Private
  • No Attached Garage
Lot Information
  • Lot Features: Back Yard, Cul-De-Sac, Garden, Greenbelt, Lot Over 40000 Sqft, Flag Lot, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood, Pool, Trees/Woods
  • Common Walls: End Unit, No Common Walls
  • Total # of Units: 1
  • Parcel Number: 10375107
  • Year Built Source: Assessor
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits
  • Has Additional Parcels
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Red Hill
  • Elementary School: REDHIL
  • High School: Tustin
  • High School: TUSTIN
  • High School District: Tustin Unified
Location / Neighborhood
Location Information
  • Directions: From Tustin Ranch Rd, left onto Irvine Blvd, Right onto Rainbow Dr. House at the end of cul-de-sac .
  • Road Frontage Type: Private Road
Neighborhood Information
  • Community Features: Biking
View more facts & features

Local North Tustin Agent

Sale History for 1881 Rainbow Dr

Last sold for $2,288,000 on October 28th, 2020

  • October, 2020

  • Oct 29, 2020

    Date

    Sold

    CRMLS: OC20141376

    $2,288,000

    Price

  • Oct 2, 2020

    Date

    Pending

    CRMLS: OC20141376

    $2,390,000

    Price

  • Sep 23, 2020

    Date

    Active Under Contract

    CRMLS: OC20141376

    $2,390,000

    Price

  • Sep 4, 2020

    Date

    Price Change

    CRMLS: OC20141376

    $2,390,000

    Price

  • Aug 19, 2020

    Date

    Price Change

    CRMLS: OC20141376

    $2,490,000

    Price

  • Jul 18, 2020

    Date

    Active

    CRMLS: OC20141376

    $2,690,000

    Price

  • April, 2019

  • Apr 2, 2019

    Date

    Sold

    CRMLS: NP18289712

    $1,810,000

    Price

  • Feb 19, 2019

    Date

    Pending

    CRMLS: NP18289712

    $1,995,000

    Price

  • Jan 17, 2019

    Date

    Active Under Contract

    CRMLS: NP18289712

    $1,995,000

    Price

  • Jan 1, 2019

    Date

    Active

    CRMLS: NP18289712

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

    Situated at the end of a quiet cul-de-sac, this extremely unique residence is located on a double lot on over an acre of land (1.25 acres). This plantation-style home has sophisticated interiors that beautifully blend old and new and include a formal dining room overlooking the grounds, an adjacent billiards/lounge area fit with a custom built-in bar and a private home theater. An elegantly remodeled kitchen with gleaming white custom-built cabinets and designer fixtures include a Dacor refrigerator and Viking stove. Thoughtfully upgraded, highlights include a steam shower in the Master Bathroom, a wine cellar, beautifully restored original hardwood floors, and Crestron & Lutron home automation systems. The spacious grounds offer optimal space for recreational vehicles and outdoor equipment and is ideal for relaxing or entertaining alike, with a gated black bottom pebble pool with a separate deck, a putting green, storage shed and two detached garages (accommodating 5 vehicles), plus space for an additional 10 vehicles in the motor court. This is truly a rare opportunity not to be missed.

  • August, 2018

  • Aug 6, 2018

    Date

    Canceled

    CRMLS: PW17271554

    $2,206,710

    Price

  • Aug 1, 2018

    Date

    Hold

    CRMLS: PW17271554

    $2,206,710

    Price

  • May 15, 2018

    Date

    Price Change

    CRMLS: PW17271554

    $2,206,710

    Price

  • Dec 8, 2017

    Date

    Active

    CRMLS: PW17271554

    $2,229,000

    Price

  • Listing provided courtesy of CRMLS

    Motivated seller! Rarely does a piece of history come on the market. And yet, here it is. Built in 1908, this historical home was, according to the family who have lived there for three generations, the original "Browning Bunkhouse," where the cowboys who worked the Browning Ranch lived. Updated and added-onto multiple times over the years, the current home was taken down to the studs in 2007 and lovingly rebuilt, while designer John Garcia, ASID, helped retain the historical nature. The gated manor sits on 1.197 acres, & features 4 beds, 4 baths, game room with custom built bar, home theater, office, breakfast room overlooking the pool, spectacular Chef's kitchen with built-in Dacor fridge, Viking stove & custom cabinets. The remodel included plumbing, electrical, cat5e wiring, Crestron and Lutron home automation system (that can be run from your smartphone) & new HVAC (2 units zoned for 6 areas). Baths feature marble, travertine and custom cabinetry with jetted tubs and wainscotting. The entertainer's yard features recently remodeled black-bottom pebble pool, separate deck and play area, putting green & two detached garages (one 3-car & one two-car) and storage shed. Lot is 2 separate parcels & has split potential. Don't miss your chance to own a piece of history!

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Tax History for 1881 Rainbow Dr

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1881 Rainbow Dr sold on October 28, 2020 for 25.79% higher than the current median sold price for the city of North Tustin which is $1,900,000. The median sold price per/sqft for North Tustin is $660 and this home is sold at $578.13 per/sqft which puts the price per square foot 12.4% lower than the current median sale per square foot for the city of North Tustin.

About 1881 Rainbow Dr

Detailed summary of property

1881 Rainbow Dr is a single family home that recently sold in North Tustin, CA 92705. This house offered 4 bedrooms, 3.5 bathrooms, roughly 4,134 living square feet, and sits on an approximately 54,333 square foot lot. 1881 Rainbow Dr was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $2,288,000. Home in North Tustin are selling for a median price of $1,900,000 and a median price per square foot of $660. Based on Ardent Real Estate Group's North Tustin Market Data, this home is sold 25.79% higher than the current median priced home. Local homes that are currently for sale include 17 Davis, 9911 Highcliff Drive and 27 Recodo. While the average home in North Tustin, CA is selling in 35 days, 1881 Rainbow Dr has a days on market of 65 days. There are currently 26 homes for sale in the North Tustin real estate market and 26 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 1881 Rainbow Dr North Tustin, CA 92705 contact Ardent Real Estate Group and we will put you in touch with one of our North Tustin agents.

Public Facts for 1881 Rainbow Dr

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
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Spa
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County
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Lot#
--
APN
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The source for these homes facts are from public records.

92705 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,650,000
Median List Price/Sq.Ft.
$619
Median Sold Price
$1,555,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
68
Median Sale to List Price %
103.67%
Avg Days on Market
23
Loan Type
Conventional (52%), FHA (8%), VA (0%), Cash (24%), Other (16%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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