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5041 Corkwood, Irvine, CA 92612

$2.00M2bd · 2ba · 1,894 sqft
Lot 6,650 sqft•HOA $205/mo•Single Family Residence•
Active
•12d on market•MLS# OC-26224109

Property Description

RARE SINGLE-STORY HOME ON AN EXPANSIVE CORNER LOT IN UNIVERSITY PARK! Discover the charm and individuality of 5041 Corkwood Lane, a distinctive single-story, single-family residence nestled in the desirable University Park community of Irvine. Showcasing unique architectural character, expansive windows, and a spacious corner lot, this home offers a special blend of natural light, versatility, and opportunity. Large, expansive windows invite abundant natural light into the home, creating a bright, airy atmosphere and enhancing the home's distinctive architectural appeal. The single-story floor plan offers comfortable, easy-living convenience and is currently configured as a 2-bedroom residence with an additional flexible den/office space that offers potential for use as a third bedroom, subject to applicable requirements. Whether envisioned as a home office, creative space, or additional sleeping area, this versatile room provides flexibility to accommodate a variety of lifestyles. The generously sized corner lot offers added outdoor space and a sense of openness, providing an inviting setting for outdoor enjoyment, gardening, or creating your own private retreat. An indoor laundry area adds everyday practicality, while the home's unique architecture and thoughtful layout distinguish it from more conventional residences. Enjoy the convenience of University Park living, with nearby shopping, dining, parks, recreational amenities, and everyday services within the surrounding Irvine community. Its desirable location offers convenient access to local amenities while maintaining the appeal of an established residential neighborhood. The corner lot offers maximum privacy with only one next-door neighbor. Only 100 yards away from the neighborhood amenities; secured access to a community only pool, private tennis courts, children's playground, volleyball court, picnic area and more! With its sought-after single-story design, light-filled interiors, expansive corner lot, flexible floor plan, and distinctive architectural character, this home presents a wonderful opportunity to personalize a truly unique property in Irvine.

Features & Amenities

FeeBuilt 1974

Property Details

Land Type
Fee
Year Built
1974
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Forced Air
Cooling
None
Flooring
Carpet, Wood
City
Irvine
Zip Code
92612
County
Orange
Listed byReal Broker, Jamie Wilkinson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$10,087.81
Principal & Interest
Loan Amount
$1,596,000
Total Interest
$2,035,610
Total Payment Over 30 Years
$3,631,610
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

5041 Corkwood, Irvine, CA 92612

Irvine · Single Family Residence

$2.00M
Luxury Tier
Beds
2
Baths
2
Sqft
1,894
Lot
6,650 sqft
Year
1974
$/Sqft
$1053
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 9.3% above the median closed sale of $1,825,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.00M· $1,053/sqft
Total list price
Closed comps
vs closed median $1.82M
+$170K (+9.3%)
Active comps
vs active median $1.80M
+$195K (+10.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $842
+$211 (+25.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
17802 ArborIrvine1974432,4804,656$806$2.00M1582
24 WhitecloudIrvine1980431,8874,794$954$1.80M7579
4 Mandrake WayIrvine1967432,3043,200$790$1.82M1671
7 PosadaIrvine1987332,0564,050$839$1.73M4770
5 SALINAIrvine1987432,1384,504$823$1.76M1470
Total: 5 · Average3.83.02,1734,240.8$842.4$1.82M33.4
Median2,138$1.80M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1 HollyIrvine197404/09/2026321,6635,225$1.93M$1.82M$1,0970.954090
5031 CorkwoodIrvine197409/30/2026432,1824,600$2.15M$2.00M$9170.938286
2 FeatherwoodIrvine197406/26/2026321,5328,297$1.73M$1.78M$1,1621.036483
17682 Cassia TreeIrvine197403/31/2026432,2755,600$2.19M$2.06M$9030.945483
4612 Green TreeIrvine196807/13/2026432,3166,000$1.80M$1.73M$7450.965483
Total: 5 · Average3.62.61,993.65,944.4$1.88M$1.88M$964.8—58.8
Median2,182$1.82M$1.82M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.