University Park Condo – Trim Package in a Top Location

6 Lancewood Way $499,000

Winding back from the main streets of University Park, the condo at 6 Lancewood Way is a nice surprise in an inviting tree filled area. As a first home in Irvine or an investment property, this 2 bedroom condo offers some interesting options.

Significant Numbers: This single level, two bedroom, 2 bath condo is 1,279 sq. ft. on a 3,049 sq. ft. lot. It just went on the market. It was built in 1966. HOA dues are $223. There is no Mello Roos.

CloseUp: The home is neatly tucked into a quiet part of University Park. Walking through the courtyard area and stepping inside the tiled entry takes you to a great room that includes the living room with fireplace opening onto the patio, dining area, and kitchen with a view through window.

The two bedrooms and two baths are off to the right from the entry hall, sharing a common hallway. The master suite also opens onto the back patio.

The kitchen, recently updated and remodeled has granite counters, an extra breakfast bar, and an open window to the dining room. The cabinetry and attention to detail make it a natural extension of the great room.

Overall, the home packs a lot into the space, with a light filled open floor plan that works very well. The back patio is a natural entertainment area with room enough for a fountain, or barbecue.

Specifics:

Bedrooms, 2

Baths, 2

Condominium

Double attached garage

Irvine Unified School System

Association pool and spa

What will be considered? The quiet, secluded location in the established University Park community will weigh in here, along with the price and the size of the home. The open floor plan is a good choice and the remodeling adds to the overall appeal of the home.

Who will select this condo? A young family looking for a first home in Irvine might choose this home. It will also appeal to investors looking for a good location in a key community. It might also work for a professional couple who travel a lot, but still need a comfortable home base in Irvine. University Park’s regional park, top schools and many recreational opportunities will add to the attraction.

Recent listings: 16 Sequoia Tree Lane, $569,000; 33 Fairside #22, $487,000.

Recent sales: 43 Morena, $520,000; 28 Valley View, $580,000