54 Valley Terrace, Irvine, California 92603, Irvine, 92603 - 5 bed, 5 bath

54 Valley Terrace, Irvine, California 92603 home-pic-0
ACTIVE$4,288,000
54 Valley Terrace, Irvine, California 92603
5Beds
5Baths
2,971Sqft
6,030Lot
Year Built
2004
Close
-
List price
$4.29M
Original List price
$4.59M
Price/Sqft
$1,443
HOA
$688
Days on market
-
Sold On
-
MLS number
OC25181275
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,6 Pros. Rank: price - $4.29M(62th), sqft - 2971(54th), beds - 5(73th), baths - 5(65th).

Tucked behind the exclusive gates of The Summit at Turtle Ridge, 54 Valley Terrace offers nearly 3,000 square feet of beautifully finished living space with five bedrooms, including a main-level ensuite, and four and a half bathrooms. Wide-plank wood flooring runs throughout, and the formal living room features a wood-beamed ceiling and a grand fireplace. The formal dining room opens through French doors to a private outdoor atrium with its own fireplace, while a sun-filled breakfast nook complements the gourmet kitchen, updated with brand-new counters, a stylish backsplash, and professional-grade appliances including a new refrigerator, dishwasher, and range hood. The generously sized primary suite offers dual walk-in closets, dual vanities, and a spacious shower. Fresh interior and exterior paint throughout, a tankless water heater, whole-house repipe, new irrigation system, and an electric car charger provide peace of mind and modern convenience, while paid-off solar panels add efficiency and value. Additional highlights include a separate laundry room and a three-car garage. The backyard is designed for easy entertaining with hardscape, artificial turf, and a built-in BBQ, and residents of Turtle Ridge enjoy resort-style amenities including two pools with spas and cabanas, playgrounds, a clubhouse, private theater, and scenic walking trails, all while being conveniently located near award-winning Vista Verde Elementary and University High.

Nearby schools

9/10
Vista Verde
Public,K-80.9mi
9/10
Rancho San Joaquin Middle School
Public,7-82.4mi
9/10
University High School
Public,9-121.7mi

Price History

Date
Event
Price
09/27/25
Price Change
$4,288,000-3.6%
08/28/25
Price Change
$4,450,000-3.0%
08/11/25
Listing
$4,588,000
Condition Rating
Excellent

Built in 2004, this property has undergone extensive recent renovations, bringing its condition to an excellent standard. The kitchen features brand-new counters, a stylish backsplash, and professional-grade appliances including a new refrigerator, dishwasher, and range hood. The bathrooms are also updated with modern finishes and fixtures, as seen in the images. Significant system upgrades include a tankless water heater, whole-house repipe, new irrigation system, electric car charger, and paid-off solar panels. Fresh interior and exterior paint, along with wide-plank wood flooring throughout, contribute to a virtually new feel, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Gated Community & Prime Location: Located within the exclusive, guard-gated Summit at Turtle Ridge in Irvine, offering prestige, security, and access to a highly desirable city.
Extensive Recent Upgrades & Modern Conveniences: Features numerous recent updates including fresh interior/exterior paint, tankless water heater, whole-house repipe, new irrigation system, electric car charger, and paid-off solar panels, ensuring peace of mind and efficiency.
Updated Gourmet Kitchen: The kitchen boasts brand-new counters, a stylish backsplash, and professional-grade appliances, including a new refrigerator, dishwasher, and range hood, appealing to culinary enthusiasts.
Spacious & Well-Appointed Interior: Nearly 3,000 sqft of living space with 5 bedrooms (including a convenient main-level ensuite), 4.5 bathrooms, wide-plank wood flooring, and a generously sized primary suite with dual walk-in closets.
Resort-Style Community Amenities & Top Schools: Residents enjoy access to resort-style amenities such as two pools, spas, cabanas, playgrounds, a clubhouse, private theater, and scenic trails, all within proximity to award-winning Vista Verde Elementary and University High.

Cons

Significant Price Reductions: The property has undergone multiple price reductions totaling $300,000 from its original list price, potentially indicating initial overpricing or market resistance.
High Monthly Association Fees: A substantial monthly association fee of $688 adds a significant ongoing cost to homeownership.
Absence of Desirable Views: The property explicitly states 'None' for views, which may be a drawback for buyers seeking scenic vistas in a high-value area.

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