14 Rainbow Ridge, Irvine, California 92603, Irvine, 92603 - 2 bed, 2 bath

14 Rainbow Ridge, Irvine, California 92603 home-pic-0
ACTIVE$1,275,000
14 Rainbow Ridge, Irvine, California 92603
2Beds
2Baths
1,523Sqft
Lot
Year Built
1979
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$837
HOA
$450
Days on market
-
Sold On
-
MLS number
NP25264218
Home ConditionFair
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

We found 3 Cons,6 Pros. Rank: price - $1.27M(41th), sqft - 1523(48th), beds - 2(45th), baths - 2(38th).

Newly updated single-level home with no interior steps in the heart of Turtle Rock. This large two-bedroom, two-bath residence offers a spacious, open living plan with a combined living and dining room, plus an adjacent den or office that could be converted to a third bedroom. The living area opens to a generous stone patio enclosed by a wooden fence, complete with an additional storage closet. Both the primary and secondary bedrooms are oversized with their own baths, and the home also includes an inside laundry area. The kitchen features a garden window with excellent sun exposure from two sides and space for a breakfast table. Recent updates include new flooring, ceiling lights and fans, window treatments, an updated fireplace, and central air conditioning. The interior and the oversized two-car garage have just been painted, and the garage features new epoxy flooring and ample built-in storage. Set in a private, park-like location on the greenbelt, the home enjoys views of lush trees and is a short distance from the community spa, pool, and nearby amenities such as tennis and basketball courts, Turtle Rock Community Park, and Bomber Canyon trails. It also offers convenient proximity to UCI, shopping centers, John Wayne Airport, and Irvine’s award-winning schools—including zoning for University High School, ranked in the top 5% of all California public high schools and widely regarded as one of the best in Irvine and Orange County.

Nearby schools

8/10
Bonita Canyon Elementary School
Public,K-60.7mi
9/10
Turtle Rock Elementary School
Public,K-61.3mi
9/10
Rancho San Joaquin Middle School
Public,7-81.8mi
9/10
University High School
Public,9-121.6mi

Price History

Date
Event
Price
11/21/25
Listing
$1,275,000
06/13/22
Sold
$920,000
Condition Rating
Fair

While the property boasts extensive recent updates including new flooring, paint, lighting, central AC, and modern bathrooms, the kitchen remains significantly dated. It features older cabinets, tiled countertops, and appliances that are clearly not part of the recent renovation, requiring a substantial update to align with the rest of the home's refreshed aesthetic. This contrast, despite the other improvements, prevents an overall 'Good' rating, as the kitchen would likely require immediate renovation for most buyers.
Pros & Cons

Pros

Great Schools: Elementary School: Turtle Rock Elementary School (9/10). Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Exceptional Location & Schools: Situated in the highly sought-after Turtle Rock area of Irvine, offering convenient access to UCI, shopping, John Wayne Airport, and zoned for top-tier Irvine Unified schools, including the acclaimed University High School.
Extensive Modern Updates: Recently updated throughout with new flooring, lighting, window treatments, an updated fireplace, central air conditioning, fresh paint, and an oversized two-car garage with new epoxy flooring and ample storage.
Single-Level & Flexible Floor Plan: Features a desirable single-level layout with no interior steps, an open living/dining area, and a versatile den/office space with potential for conversion to a third bedroom.
Private Outdoor Space & Greenbelt Views: Includes a generous, fenced stone patio for outdoor living and enjoys a private, park-like setting with lush tree views overlooking the greenbelt.
Robust Community Amenities: Residents benefit from close proximity to community amenities such as a spa, pool, tennis/basketball courts, and nearby access to Turtle Rock Community Park and Bomber Canyon trails.

Cons

Substantial Association Fee: The monthly association fee of $450.00 is relatively high, adding a significant recurring cost to homeownership.
Property Age: Built in 1979, the property is over four decades old. While recently updated cosmetically and with AC, potential buyers may inquire about the condition and age of major systems and structural components not explicitly mentioned in the updates.
Condominium Ownership Limitations: As a condominium, it entails shared walls and common area regulations, which might limit personal modifications and privacy compared to a detached single-family home.

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