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$1,430,000
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Property Description
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.
Full Property Details
Full Property Details for 5 Carob
General
- Price: $1,430,000
- HOA FEE: $353/month
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: PW26063095
- Updated: 5/10/2026
- Days on Market: 51 days
- Added to Site: 51 day(s) ago
Interior
- Rooms/Areas: Primary Bedroom, Attic, Laundry, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Suite, Primary Bathroom
- Interior Features: Wet Bar, Bar, Recessed Lighting
- Fireplace: Yes
- Fireplace(s): Gas
- Eating Areas: Dining Room
- Appliances: Electric Oven, Electric Cooktop, Electric Range, Dishwasher, Vented Exhaust Fan, Microwave, Water Heater
- Flooring: Tile, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Individual Room, Electric Dryer Hookup, Washer Hookup, Stackable
Additional Information
- Shared Amenities: Spa/Hot Tub, Picnic Area, Pool, Barbecue, Clubhouse, Maintenance Grounds, Pets Permitted, Playground
- Pool Description: Association, Fenced, Heated
- Spa Description: Association
Exterior
- Deck/Patio: Concrete, Enclosed, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Concrete, Garage (Direct Access), Garage Faces Front, Driveway, Garage Door Opener
Location
- County: Orange
- Subdivision: Terrace (TR)
- Driving Directions: 405S, exit University Rt, Rt at Michaelson, Rt at Jordan, Rt on Carob - welcome home!
School Information
- School District: Irvine Unified
- Elementary School: UNIPAR
- Middle School: SANJOA2
- High School: UNIVER
Community
- Community Features: Street Lights, Sidewalks, Suburban
- Assoc. Name: Powerstone Property Management
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Fireplace(s), Solar, Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Single Family Residence
- Construction: Stucco
- Foundation: Slab
- Roof: Tile
- Common Walls: End Unit, 1 Common Wall, No One Below, No One Above
- Windows: Insulated Windows, Skylight(s)
- Disability Access: Doors - Swing In, No Interior Steps, Low-Pile Carpeting
- Entry Location: ground
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,532
- Sq. Ft. Source: Assessor
- Year Built: 1973
- Year Built Source: Assessor
- Property Condition: Turnkey
Unit Information
- Units in Complex: 507
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1309
- Lot Size (Sq. Ft.): 5,700
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Lot Description: Sprinklers in Front, 11-15 Units/Acre, Patio Home, Cul-de-Sac, Level with Street, Level, Sprinklers Timer, Park Nearby, Sprinkler System, Greenbelt, Sprinklers in Rear
- Fencing (Description): Block
Financial Considerations
- Price Per Sq. Ft.: $933.42
- Association Fee: $353
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
Listed by Seven Gables Real Estate, Kristina Quinn
Get Pre-Approved Today
Schools
Schools serving 5 Carob
School District:Irvine Unified School District
| Name | Grades | Distance |
|---|---|---|
University Park Elementary School 4572 Sandburg Way, Irvine, CA 92612 | K-6 | 1.3 mi |
Rancho San Joaquin Middle School 4861 Michelson Drive, Irvine, CA 92612 | 7-8 | 0.6 mi |
University High School 4771 Campus Drive, Irvine, CA 92612 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Carob
Date
Details
Price
Change
Source
4/23/2026
Price Reduced
$1,430,000
-2.05%
MLS
3/27/2026
Listed
$1,460,000
117.91%
MLS
1/31/2017
Sold
$670,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5 Carob
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,176
2%
$777,589
2%
2024
$8,006
3%
$762,343
2%
2023
$7,801
2%
$747,396
2%
2022
$7,661
2%
$732,742
2%
2021
$7,490
1%
$718,375
1%
2020
$7,448
2%
$711,009
2%
2019
$7,284
2%
$697,068
2%
2018
$7,155
249%
$683,400
262%
2017
$2,050
5%
$188,931
2%
2016
$1,961
2%
$185,227
2%
2015
$1,931
2%
$182,445
2%
2014
$1,894
—
$178,872
—
2013
$1,885
—
$178,064
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5 Carob
5 Carob, Irvine, CA 92612 (MLS# PW26063095) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 5 Carob is currently listed for $1,430,000 and was received on March 27, 2026. Want to learn more about 5 Carob? Do you have questions about finding other Single Family real estate for sale in University Park? You can browse all University Park real estate or contact a Coldwell Banker agent to request more information.

