$10,000 Closing Credit¹
#PW25110759, Karen Lu-Ferguson, Listing Office: Berkshire Hathaway HomeServices California Properties
#PW25107129·
Listing office: Nexteam Real Estate·
Listing agent: Tim Ho·
Listing office phone: 714-383-5342
$1,475,000 List price
12842 Elizabeth Way Tustin, CA 92780
$10,000
Closing credit¹
5 beds
3 full, 1 partial
2,284 sqft
0.2 acres
$646 / sqft
House
Property details
About 12842 Elizabeth Way
Nestled on a spacious 10,025 sq. ft. lot, this stunning 2,284 sq. ft. home offers the perfect blend of comfort and luxury. Featuring 5 bedrooms and 3.5 bathrooms, the property has been beautifully updated with a new renovated kitchen and bathrooms. The home also features fresh exterior white paint, all-new copper plumbing, owned solar panels and a new roof for peace of mind. Step outside to enjoy a private backyard oasis complete with a sparkling saltwater pool, jacuzzi, putting green and a spacious patio, perfect for relaxation and entertainment. There is two large area for RV parking (17'x40' & 25'x27') on the property that does not interfere with the yard. Currently operating as a successful Airbnb, this home is an incredible opportunity for investors or those seeking a dream residence.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,284 sqft
Lot size0.2301 Acres
Year built1953
ParkingGarage, RV Access/Parking
MLS #PW25107129
Attached garage2 spaces
FireplaceLiving Room
ViewNeighborhood
Private poolYes
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Interior: All Bedrooms Down
- Fireplace: Living Room
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Garage, RV Access/Parking
- View: Neighborhood
- Heating: Central
- Cooling: Central Air
- List Price: $1,475,000
- Price/SqFt: $645
- HOA Amount: $0
- Annual Tax Amount: $12,037
- Tax Year: 2024
- Directions: Newport and Irvine Blvd
- Year Built: 1953
- Stories: 1
- Living Area: 2,284 SqFt
- Lot Size: 0.2301 Acres
- MLS Number: PW25107129
- MLS Name: CRMLS
- Office Name: Nexteam Real Estate
- Office Phone: (714) 383-5342
- Listing Agent: Tim Ho
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 9:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,475,000
12842 Elizabeth Way
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 09, 2022 | Home Sold | $1,060,000 |
| Jan 29, 2004 | Home Sold | $446,500 |
| Jan 24, 1997 | Home Sold | $235,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,081,200 | $12,037 |
| 2023 | $1,060,000 | $11,757 |
| 2022 | $598,208 | $6,875 |
| 2021 | $586,479 | $6,738 |
| 2020 | $580,466 | $6,703 |
| 2019 | $569,085 | $6,359 |
| 2018 | $557,927 | $6,359 |
| 2017 | $546,988 | $6,247 |
History based on county public records data.
Nearby schools
7
Barbara Benson Elementary School
Public District KG-5
0.2 mi
•12712 Elizabeth Way
5
Guin Foss Elementary School
Public District KG-5
0.5 mi
•18492 Vanderlip Ave
8
Tustin Memorial Elementary School
Public District KG-5
0.9 mi
•12712 Browning Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $105,929. The majority of Tustin, CA residents have income between $100k-200k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
10%
<35k
37%
35k-100k
38%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
6%
Single, with Kids
35%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
16%
18-34 yrs old
46%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Men's Tennis
Soccer
Where do the neighbors shop?
Nordstrom
Bloomingdales
The Container Store
Where do the neighbors go to eat?
California Pizza Kitchen
Bonefish Grill
Starbucks
What do the neighbors drive?
BMW
Lexus
Cadillac
What do the neighbors listen to?
Talk/Personality
News
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 12842 Elizabeth Way
The listing price of 12842 Elizabeth Way property is $1,475,000.
The property 12842 Elizabeth Way is a house located in Tustin, California, 92780.
Active Listing: 12842 Elizabeth Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12842 Elizabeth Way are: Barbara Benson Elementary School (GreatSchools Rating 7/10), Guin Foss Elementary School (GreatSchools Rating 5/10), Tustin Memorial Elementary School (GreatSchools Rating 8/10), Columbus Tustin Middle School (GreatSchools Rating 7/10), C. E. Utt Middle School (GreatSchools Rating 5/10), Hewes Middle School (GreatSchools Rating 6/10), Tustin Connect (GreatSchools Rating 7/10), Hillview High (Continuation) (GreatSchools Rating 3/10), Tustin High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $12,037 (source: MLS/based on county public records data).
The last sale was on August 9, 2022 for $1,060,000 (source: MLS/tax record).
The property at 12842 Elizabeth Way has 5 bedrooms and 3 full and 1 half bathrooms.
The property 12842 Elizabeth Way is 2,284 SqFt (source: MLS/tax record).
The year of construction for 12842 Elizabeth Way is 1953.
This home is located at 12842 Elizabeth Way in Tustin, CA and zip code 92780 in the North Tustin neighborhood. This 2,284 square foot home, which was built in 1953, sits on a 0.23 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $1,475,000.
While more than 19 listings in Tustin, CA in April 2025 were sold above asking price, there were more than 10 listings sold at asking price, and more than 11 were sold below. The number of listings in Tustin, CA increased by 11.8% between March and April 2025. In April 2025 median list price was $1,201,000 and the average listing age was 19 days.
From Rocket Homes Real Estate and based on county public records data.