Open House – 18711 Paseo Picasso in Turtle Rock

It’s difficult to critique a pre-owned house, because for so many years it wasn’t just a house, it was a home to a family. It’s almost like shell-shock reviewing an older house since up until now I’ve been focused on new developments. I often think well-loved properties have more charm and individuality and I’d say that I’m personally inclined to purchase an older residence, rather than a cookie cutter home. 18711 Paseo Picasso was an eye opener for me.

Here’s the 411 on 18711 Paseo Picasso:

Purchase price: $675,000

Bedrooms: 3

Bathrooms: 1.75

Square footage: 1710 Sq. Ft.

$/Sq. Ft.: $395

Property Type: SFR

Year built: 1973

Community: Turtle Rock

The HOA dues are $150 per month and there are no Mello Roos.

Brochure

I’m going to come right out and say it. The price is too high for the property. The first thing the real estate agent informed me was that the price was negotiable, which tells me that I’m right. Her selling angle was the location. If I had children I’d consider this neighborhood. It’s perfect for kids. The house is literally just down the street from University High School and Turtle Rock Elementary. There is also a park and community pool around the corner. My initial impression about the neighborhood was that it was old. The houses have the 1970s and 1980s over painted exterior wooden features. I feel like I’d get splinters if I touched the wooden posts. Don’t get me wrong—they’re nice houses, but you can tell they’re forty years old. Here are some of my initial observations:

Pros:

Wood floors

Upgraded countertops in the kitchen and bathroom

Upgraded cabinetry in the kitchen

Travertine floors in the bathrooms

Fireplace

Cons:

Interior wooden posts

Under-developed backyard

Popcorn ceilings

Outdated bathrooms

Low ceilings

Small kitchen

The first thing I noticed walking in the door is how open the living room area is. The high ceiling makes the space feel comforting.

However, I felt like the ugly wooden posts on the interior upset the balance. The wood posts support an overhang that shelters the hallway from the living room, creating a rafter feel.

I didn’t like this at all. I’d expect to find wooden posts on the exterior of the house, but never the interior. I also thought the rafter was wasted space. I left myself wondering how I’d go about fixing that—and I realized that it would translate into dollar signs. There’s a wet bar in the hallway, which is an extra bonus. The countertops have been upgraded, but the cabinetry looks dated.

The homeowners have extended the dining area for extra space. Essentially they created a very tiny nook, and I’m not sure what I’d do with it. I could fit a couple of chairs in the space, but I really didn’t see the benefit. Maybe I’m not thinking outside the box, but the space wasn’t usable in my opinion. Maybe you could put an Ikea desk and chair in there for a small office feature, but I’d feel mighty cramped.

The kitchen was a lot smaller than I expected.

The homeowners spent money upgrading the backsplash, cabinetry, tile and countertops but it wasn’t my decorating style. I still felt like it had a 1980s look to it. I couldn’t get past the fact that the refrigerator had to be placed around the corner because the kitchen was too small to accommodate it. The refrigerator blocks the panty—albeit you can still access the pantry, but it destroyed the flow for me. It’s a functional kitchen, but I couldn’t see myself preparing Thanksgiving dinner in it. I did like that the kitchen featured access to the backyard, which from my understanding is an addition the owners chose to add.

The master bedroom isn’t overly large, but there’s enough space. The closet doors are double sliding mirrors. I’d probably replace the track and invest in a closet organizer. There’s access to the backyard from the master bedroom. The glass door is the only window in the space, and I once again felt caged in.

The remaining two bedrooms are great for kids or even an office. I wasn’t disappointed in the space. It’s the same size room I grew up in. The closets are definitely larger than any of the newly developed houses I’ve previously toured! Off one of the bedrooms was the atrium, which has fallen by the wayside. It’s literally a small concrete square that the homeowners have never done anything with. The real estate agent suggested that I could close off the space, put a roof over it and make it into a den. Indeed this is what the other homeowners in the area have chosen to do with this space. All I could think of was dollar signs. Plus, my little tiny voice inside me said to leave it open and put a fountain or small herb garden out there. If you want to make the investment, you could do a lot with the space and sometimes it’s nice to put the money into something you could make your own.

I wasn’t impressed with the bathrooms. They need a lot of work, and it’s the first space I’d demolish. The master bathroom has the upgraded countertop and travertine floors, but the vanity cabinets need some updating. It looks like it’s the original 1970s stain. The toilet is in a separate room, but you’ll have to rip it out and I’d say the shower and tub need replacing. I noticed that the ceilings seemed rather low, which made me feel like I was in a cave. There’s a small square skylight, but that feature reminded me of its age.

The second bathroom is very small, and the shower doors have this weird frosted pattern. It definitely has to go.

The garage only accommodates one car, but the driveway features a carport. I’m not quite sure how I feel about it. I’d rather have a two car garage. I think the exterior of the house looks more attractive when both cars are in the garage. The full size washer and dryer are located in the garage. There’s plenty of storage in the above rafters.

The backyard is a wrap around and you’ll need to put some time and money planting bushes or flowers in the planters. If you make the effort, the backyard could be a great place to have some friends over for a barbeque, but you’re a long way from getting to that point.

I don’t think this house is bad. I think it needs work, and once you invest the time and money it could turn into something very comfortable. I personally don’t care for houses that have wooden exteriors and this was a big turn off for me. I don’t like wooden terrace carport. The exterior seemed very bland, and I don’t know if there’s much I could do about making improvements. So, I’m going to take a pass on this house. If you get this house at a fair price, meaning lower than $675K, and you have a remodeling budget, you might like it. Turtle Rock is a great place to be in Irvine. From what I observed, the neighborhood seemed friendly and I could be very happy here. With this house, your budget and imagination are the determining factors.

9 thoughts on “Open House – 18711 Paseo Picasso in Turtle Rock

  1. Perspective

    $675K for this and you get phenomenal public schools, or spend $200K less for the same house in the northern Santa Ana area (Floral Park) for the same house and use that $200K to pay for private school (K-12).

    1. irvine_home_owner

      It’s not just the money/school difference.

      There are some location/environment differences between Santa Ana and Irvine.

      1. Duran

        I agree IHO, let’s use North Tustin as an example, there are some gorgeous Houses there but it’s still Santa Ana.

        As for 18711 Paseo Picasso (thank you Wendy), it needs a complete make-over which means time, disruption and $$$. Well worthwhile if it had an Ocean view. It doesn’t, so why even bother?

  2. octal77

    One major issue that simply cannot be worked around is the incredibly poor location, backing to Culver nearly on the corner with Campus.

    I don’t think its possible to find a noisier more polluted location in all of Turtle Rock. (except for the house next door!)

    Add in the noise factor from the UCI dorms across Culver and I can’t imagine being able to get to sleep at night. Let alone enjoying your backyard.

    But, that’s just me. Obviously, other folks have a much higher noise tolerance factor.

    I am sure 40 years ago when Culver was just a lazy 2 lane country road, when Turtle rock was much smaller and the UCI dorms didn’t exist, noise was *much* less of an issue.

    Further, I have looked at quite a few homes of 1970’s vintage in that part of Turtle Rock. IMO the overall construction quality (even when they were newly built) is quite poor. I believe that the $$ cost to bring such a property up to today’s standards would be *very* expensive.

    1. ak

      Exactly. living that close to Culver kids may develop asthma or other respiratory issues.
      Top notch schools are worth a premium, but health is priceless

  3. Wendy Larson

    I agree that the location isn’t prime choice in Turtle Rock. I still think kids would fit in well in the neighborhood–but I’m not a parent so I can’t say I’m the most qualified to make that decision! The IUSD is top notch, so you’d have to make the decision on whether or not to spend $200K+ for the school system or put your kid into a private school outside of Irvine…

    I couldn’t see paying anymore than $450K for this property, and I’d probably offer a lower price. However, I haven’t researched the comps in the area. Even if the comps were coming in at $675K, I’d be hard pressed to believe it and wouldn’t throw my money down on this property anyway.

    I am remembering what $450K would get me at Stonegate. In this circumstance I think I’d put my money into a Stonegate property because it’s new, in a nice neighborhood and doesn’t need any major improvements. There’s something to be said about move-in ready.

  4. Carl

    The homes in this tract are attached as well, so you get a lot of the same problems as owning a condo. I thought they were amazingly overvalued for that reason.

  5. Mortgages By Mark

    I used to have a guy cut my hair that lived in the same area as this property who sold his home, which was built in 1970s, to a doctor for around $900K at the top of the market. I remember thinking that doctor was completely out of his mind paying that much for an older house like this, even though it’s Irvine. I still think this is waaay overpriced. Irvine is great city with great schools and amenities, but this is simply an ordinary house. Seems to me that if you’re going to drop nearly $700K, you should be on a hill overlooking the city or ocean or something.

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