Now offered at a newly improved price, welcome to 5 Carob—an exceptional end-unit home on a cul-de-sac in the desirable Terrace community of University Park. Offered for only the second time, this residence features the largest Cambridge floor plan with 3 bedrooms and 2 baths, combining privacy, thoughtful upgrades, and energy-efficient living.
Set along the community perimeter, the home enjoys open space, mature trees, and no direct neighbor on one side. This location offers enhanced privacy with some nearby freeway presence; a landscaped sound wall provides added separation, and many appreciate the trade-off for increased openness and light.
Recent improvements include a newer tile roof with owned solar, delivering electric bills averaging approximately $17/month so far this year. Additional upgrades include fresh interior paint, new designer carpet, waterproof laminate flooring, updated landscaping with exterior lighting, and an energy-efficient 4-ton HVAC system.
The updated kitchen features newer cabinetry, countertops, and appliances, opening to a bright dining area. The spacious living room offers a fireplace, wet bar, and direct access to an expansive patio—ideal for indoor-outdoor living and entertaining.
The primary suite includes dual closets and an updated bath with a remodeled walk-in shower and solar tube. Secondary bedrooms feature new carpet, with one offering French doors—ideal for an office or flex space.
Enjoy two private outdoor areas, including a courtyard patio and a larger professionally landscaped patio off the main living area.
Additional highlights include an insulated, air-conditioned garage and generous attic storage.
The Terrace offers 33 acres of greenbelts, pools, spas, clubhouse, BBQ areas, and tot lots, with low HOA dues. Located within Irvine Unified and close to shopping, dining, and commuter routes.
With its recent price adjustment, owned solar, and low utility costs, 5 Carob presents a compelling opportunity in one of Irvine’s most established neighborhoods. With a recent comparable sale at $1,520,000 and a similar model currently priced exactly $300,000 higher, this offering stands out as one of the best values for this floor plan—creating a unique opportunity to allocate those savings toward upgrades, investments, or lifestyle.
Set along the community perimeter, the home enjoys open space, mature trees, and no direct neighbor on one side. This location offers enhanced privacy with some nearby freeway presence; a landscaped sound wall provides added separation, and many appreciate the trade-off for increased openness and light.
Recent improvements include a newer tile roof with owned solar, delivering electric bills averaging approximately $17/month so far this year. Additional upgrades include fresh interior paint, new designer carpet, waterproof laminate flooring, updated landscaping with exterior lighting, and an energy-efficient 4-ton HVAC system.
The updated kitchen features newer cabinetry, countertops, and appliances, opening to a bright dining area. The spacious living room offers a fireplace, wet bar, and direct access to an expansive patio—ideal for indoor-outdoor living and entertaining.
The primary suite includes dual closets and an updated bath with a remodeled walk-in shower and solar tube. Secondary bedrooms feature new carpet, with one offering French doors—ideal for an office or flex space.
Enjoy two private outdoor areas, including a courtyard patio and a larger professionally landscaped patio off the main living area.
Additional highlights include an insulated, air-conditioned garage and generous attic storage.
The Terrace offers 33 acres of greenbelts, pools, spas, clubhouse, BBQ areas, and tot lots, with low HOA dues. Located within Irvine Unified and close to shopping, dining, and commuter routes.
With its recent price adjustment, owned solar, and low utility costs, 5 Carob presents a compelling opportunity in one of Irvine’s most established neighborhoods. With a recent comparable sale at $1,520,000 and a similar model currently priced exactly $300,000 higher, this offering stands out as one of the best values for this floor plan—creating a unique opportunity to allocate those savings toward upgrades, investments, or lifestyle.
Property Details
Price:
$1,430,000
MLS #:
PW26063095
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Terrace TR
Neighborhood:
upuniversitypark
Listed Date:
Mar 27, 2026
Finished Sq Ft:
1,532
Lot Size:
5,700 sqft / 0.13 acres (approx)
Year Built:
1973
See this Listing
Schools
School District:
Irvine Unified
Elementary School:
University Park
Middle School:
San Joaquin
High School:
University
Interior
Appliances
DW, MW, ES, EO, ER, VEF, WHU
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom
Cooling
CA
Flooring
TILE, VINY, CARP
Heating
SO, CF, FIR
Interior Features
WB, BAR, RECL
Laundry Features
ELC, IR, IN, STK, WH
Levels
A
Main Level Bathrooms
2
Main Level Bedrooms
3
Exterior
Accessibility Features
DSI, LPC, NIS
Architectural Style
TRD
Attached Garage YN
1
Common Walls
NOA, NOB, _1CW, EU
Community Features
SDW, SL, SUB
Construction Materials
STC
Exterior Features
LIT
Fencing
BW
Garage Spaces
2
Parking Spots
7
Parking Total
7
Patio And Porch Features
CON, EN, PTO
Roof
TLE
Security Features
SS, SD, COD
Spa Features
AS
View
NE
Window Features
SK, INSW
Financial
HOA Fee
$353
HOA Fee Frequency
MO
Map
Community
- Address5 Carob Irvine CA
- SubdivisionTerrace (TR)
- CityIrvine
- CountyOrange
- Zip Code92612
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- Arbors ARBR
- Ashford Place ASHP
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- Avalon EVAVL
- Aventura AVEN
- Avenue One AVE1
- Avila EVAVI
- Barcelona BR
- BEECHWOOD PPBEW
- Belvedere CPWBL
- BIRCH TRAIL PPBIR
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- Briarglen BG
- Brio BRIO
- Broadmoor BM
- Calistoga EVCAL
- Cambridge CAMB
- Cambridge Court CC
- Campanile CAMP
- Canyon’s Edge CYNE
- Capella OHCAP
- Casalon CASA
- CASERTA CVCAS
- Chantilly CHAN
- Chantory CHNT
- Chelsea CPWCL
- College Park CP
- Colony 1 C1
- Colony CC
- Columbia Square CS
- Concordia CW
- Coronado CNADO
- Corte Bella CB
- Courtside CS
- Creekside CK
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- Crest – Standard Pacific CS
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- Oxford Court OC
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- Park I In Village Park P1
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- The Plaza 5000 and 8000 PLZA
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Market Summary
Current real estate data for Single Family in Irvine as of May 02, 2026
1,117
Single Family Listed
48
Avg DOM
400
Avg $ / SqFt
$1,188,760
Avg List Price
Property Summary
- Located in the Terrace (TR) subdivision, 5 Carob Irvine CA is a Single Family for sale in Irvine, CA, 92612. It is listed for $1,430,000 and features 3 beds, 2 baths, and has approximately 1,532 square feet of living space, and was originally constructed in 1973. The current price per square foot is $933. The average price per square foot for Single Family listings in Irvine is $400. The average listing price for Single Family in Irvine is $1,188,760.
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5 Carob
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