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LUXURY PROPERTY AUCTION. Bidding open now through May 29, 2025. Seller reserves the right to accept or reject bids. Additional terms apply, please inquire or visit Paramount Realty USA’s website for details. Opportunity Awaits! This .7 acre parcel is located in one of North Tustin's most popular estate neighborhoods in the Lemon Heights area. Situated adjacent to Peter's Canyon and a few homes from Bent Tree Community Park, a 2 acre haven of grass park, volleyball and play areas with meandering walking paths. It would be nearly impossible for find a more desirable location in North Tustin! Formerly a home that sold for $1,925,000 in 2007, the home was torn down and property was to be redeveloped as part of the 5 acre estate currently for sale abutting this property. Both properties are slated for Luxury Auction. Utilities should not be an issue since there was a former home on this parcel, but Buyer advised to investigate sewer access and suitability to build. The lot and area could easily support a $4 million dollar home and surrounded by large estates and beautiful homes. The setting and location are truly unique. Please note that price is reserve price for the property. Winning Bidder to pay 6% auction fee.
Listing agent: Dean O'Dell DRE #01060767 dean@theodellgroup.com, Listing office: Seven Gables Real Estate
MLS data updated 11/3/2026, 10:52:48 AM PT
Source: CRMLS, MLS #: PW25087030
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 16, 2025
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This home · nearest recorded event
$1,195,000Closed sale · Jun 16, 2025ZIP 92705 · Jun 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.