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For sale
  • Listing Provided by: 

    Richard Wamsat DRE #01345167 949-864-6933,

    Coldwell Banker Realty

    $688,800

    26 Lakepines, Irvine, CA 92620

    1beds
    1,115sqft
    : 
    Townhouse
    Built in 1978
    764 Square Feet Lot
    $682,900 Zestimate®
    $618/sqft
    $487/mo HOA

    What's special

    Mature treesFlowing streamsScenic walkwaysCrown moldingQuartz countertopsStainless steel appliancesRecessed lighting
    Secure Rental Income from Day One in Irvine! This upgraded 1-bedroom townhome with a separate office or den is located in The Lakes—a peaceful community surrounded by mature trees, flowing streams, and scenic walkways. The property is currently leased through June 30, 2026, with reliable tenants paying $2,725/month, providing immediate cash flow with an estimated cap rate of approximately 3.82%, based on actual income and expenses. Market proforma rent is approximately $2,900/month, offering solid rental upside over time. The unit offers the advantage of no neighbors above or below and the bonus of a rare fenced patio with upgrades like a retractable awning, stone pavers, and raised planter boxes. Inside, the home features a remodeled kitchen with quartz countertops and stainless steel appliances, both bathrooms remodeled with plenty of storage, and elegant touches like recessed lighting, ceiling fans, crown molding, paneled wainscoting, paneled doors, two-tone paint, completely remodeled interiors, hardwood flooring, and wrought iron stair railings. Additional highlights include energy-efficient central heating and air conditioning, dual-pane windows, and a full suite of appliances—refrigerator, washer, and dryer—all of which are included in the sale. The Lakes community offers exceptional amenities: two pools, two spas, two tennis courts, and lush landscaped paths along tranquil water features. Located within the highly rated Irvine Unified School District, this property is also just minutes from shopping, dining, freeway access, and several scenic trails including Hicks Canyon Trail and the Jeffrey Open Space Trail. There are no Mello-Roos taxes, making this an even more appealing long-term investment. One assigned covered carport parking space is included, with additional guest and street parking available. HOA dues cover water, sewer, trash, and exterior maintenance—making this an easy-to-manage investment. Whether you're adding to a portfolio or seeking a turnkey rental in one of Orange County's most desirable markets, this property checks all the boxes.
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    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 06:54am

    Listing Provided by:

    Richard Wamsat DRE #01345167 949-864-6933,

    Coldwell Banker Realty

    Source: CRMLS,MLS#: OC25170169MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 26 Lakepines.

    Next available tour time:Today at 11am

    Open house

    • Sun, Aug 3

      1:00 PM - 4:00 PM

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Den, Entry/Foyer, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Office, Other, Recreation, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Enclosed Toilet, Granite Counters, Linen Closet, Remodeled, Separate Shower, Upgraded, Walk-In Shower
    Kitchen
    • Features: Granite Counters, Remodeled, Updated Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer
    • Laundry: Inside, Laundry Closet, Stacked, Upper Level
    Features
    • Breakfast Bar, Chair Rail, Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, Paneling/Wainscoting, Recessed Lighting, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Wood
    • Doors: Panel Doors, Sliding Doors
    • Windows: Double Pane Windows, Garden Window(s), Plantation Shutters, Skylight(s)
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
    Interior area
    • Total interior livable area: 1,115 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, Carport, Guest
    • Carport spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Patio
    • Exterior features: Awning(s)
    • Pool features: Community, Fenced, Gunite, Heated, In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Community, Gunite, Heated, In Ground
    • Fencing: Excellent Condition,Wood
    • Has view: Yes
    • View description: None
    • Waterfront features: Creek, Lake, Pond, Stream
    Lot
    • Size: 764 Square Feet
    • Features: Back Yard, Landscaped, Rectangular Lot, Yard
    Details
    • Parcel number: 53014372
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type, Stucco, Wood Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1978
    Details
    • Builder model: B-Custom
    • Builder name: Sterling

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Lake, Street Lights, Sidewalks, Pool
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: The Lakes (Lk)
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds, Insurance, Maintenance Front Yard, Pool, Spa/Hot Tub, Tennis Court(s), Trash, Water
    • Services included: Sewer
    • HOA fee: $344 monthly
    • HOA name: The Lakes Master
    • HOA phone: 949-372-4029
    • Second HOA fee: $143 monthly
    • Second HOA name: The Lakes Pud
    • Second HOA phone: 949-372-4029
    Location
    • Region: Irvine

    Financial & listing details

    • Price per square foot: $618/sqft
    • Tax assessed value: $379,285
    • Annual tax amount: $4,066
    • Date on market: 7/30/2025
    • Listing terms: Cash,Conventional,1031 Exchange
    • Inclusions: Washer / Dryer and Refrigerator
    • Road surface type: Paved
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