See Home Value
$1,600,000
● House - Off Market

10511 Terrace

Santa Ana, CA 92705
bedrooms
6 Beds
bathrooms
4 Baths
square feet
3,992 Ft²
$4,420
Est. Monthly

About This Property

Live Auction! Bidding to start from $900,000! A Rare Opportunity to Build Something Extraordinary in North Tustin!

Welcome to 10511 Terrace View, set within one of North Tustin's most desirable CUSTOM-home neighborhoods, this build-ready lot offers something virtually unheard of in today's market: a flat construction pad with utilities already available and stubbed out, ready for immediate development. There is no demolition, no entitlement uncertainty, & no prolonged waiting period.

What typically takes years has already been done.

The property's elevated position captures beautiful views of Catalina & a sense of privacy that defines luxury living in North Tustin. Set within the highly rated Tustin Unified School District, a factor that consistently enhances long-term value & buyer demand. This creative, highly functional single-story home was designed to elevate everyday living while supporting elegant entertaining. Four generously sized bedrooms comfortably accommodate king-size beds, with the flexibility to expand to 6 bedrooms, 4 full bathrooms, a gourmet kitchen with a walk-in pantry, oversized kitchen & laundry spaces for high-end appliances, & a seamless great-room layout create an open, inviting flow between the living, dining, family, & kitchen areas.

Plans include the integration of a pool, spa, & waterfall into the retaining wall system, creating a resort-style outdoor environment that meaningfully expands usable space & elevates the overall living experience.

While additional plan approvals will be required for the garage remodel and pool, spa, and waterfall construction, all other County approvals have already been obtained. Permits are authorized to be issued, allowing construction to proceed immediately into the permit issuance process without discretionary delays.

The property also includes a substantial inventory of brand-new, unused fixtures & finishes. Approximately 75 percent of the custom bathroom, kitchen, & laundry plumbing fixtures are included, along with custom lighting, ceiling fans, & mirrors, all still in their original containers. These inclusions represent both cost savings & a meaningful acceleration of the build process.

Opportunities like this do not come along often. A remarkable chapter is ready to be written on one of North Tustin's most coveted streets. This is more than a property. It is a fully realized vision, thoughtfully designed, meticulously engineered, & now poised for immediate execution.
Unit Size
3,992 Ft²
Days on Market
65 days
Land Size
0.54 acres
Price per sqft
$225
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961

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Last updated: 8 months ago (CRMLS #OC26014997)

Price History

Date / Event Date Event Price
Mar 27, 2026 Sold
Sold
Feb 1, 2026 In contract -
In contract
Jan 12, 2026 Listed by Harcourts Signature Properties $900,000
Listed by Harcourts Signature Properties

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Full Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,979
  • Total Building Area: 2,659
  • Gross Building Area: 2,659
  • Building Area: 2,659
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,659
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: TRACT NO. 1917
  • Land Acres: 0000000551
  • Standard Land Use Code: 8001
  • County Land Use Code: 1
  • Legal Description 1: N TR 1917 BLK LOT 39

Neighborhood

  • School District Name: Tustin Unified School District
  • Census Tract: 075604

Geography

  • Assessors Map Reference: 18-D4
  • Subdivision Tract Number: 1917
  • Parcel: 503-703-05
  • Lot: 39
  • Latitude: 33.7765
  • Longitude: -117.783

    Address

  • Full Address: 10511 Terrace Vw
  • Address - House Number: 10511
  • Address - Street Name: Terrace
  • Address - Suffix Type: Vw
  • State: CA
  • City Name: Santa Ana
  • Carrier Code: C032
  • 4-Digit Zip Code: 1452
  • Zip Code: 92705

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,500,056
  • Tax Rate Code Area: 89-058

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,365,371
  • Assessed Land Value: $1,365,371

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 267026
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Tustin


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Frequently Asked Questions

When was property at 10511 Terrace View built and last sold?
The property at 10511 Terrace View was built in 1961 and last sold on Jul 21, 2022 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 10511 Terrace View is $909,000.
What are some comparable homes to 10511 Terrace View?
There are currently no comparable homes to 10511 Terrace View.