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12265 Circula Panorama, Santa Ana, CA 92705

$2.29M6bd · 3ba · 3,141 sqft
Lot 6,615 sqft•Single Family Residence•
Active
•96d on market•MLS# NP-26092590

Property Description

SELLER FINANCING AVAILABLE: Perched in the hills of North Tustin, 12265 Circula Panorama captures sweeping panoramic views across Orange County, with sightlines to Catalina Island, the ocean, city lights, sunsets, and even Disneyland fireworks. Set on a rare view lot with approximately 159 feet of unobstructed frontage and no neighbor directly across, the property offers an exceptional sense of openness, privacy, and connection to the surrounding landscape. This spacious 4-bedroom, 3.5-bath residence offers approximately 3,000 square feet of living space on a 6,534 square foot lot, thoughtfully designed to maximize its hillside setting. The primary suite features a private balcony, while both the living room and family room open to their own view balconies, creating multiple indoor-outdoor spaces to relax, entertain, and take in the scenery. The living room includes a fireplace and wet bar with granite countertops, while the kitchen features granite surfaces, brand-new appliances, and a functional layout. Additional highlights include air conditioning, an observation deck off the driveway, and a rare parking setup with three garages offering six standard covered parking spaces, plus a long driveway for additional tandem parking. Located in the desirable Panorama Heights / North Tustin hills, this is a rare opportunity to own a view-oriented residence with extraordinary frontage, abundant parking, privacy, and some of the most dynamic vistas in Orange County.

Features & Amenities

FeeBuilt 1975

Property Details

Land Type
Fee
Year Built
1975
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
City
Santa Ana
Zip Code
92705
County
Orange
Listed byUnknown Office, Steven "Bud" Mastropaolo

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,579.49
Principal & Interest
Loan Amount
$1,832,000
Total Interest
$2,336,615
Total Payment Over 30 Years
$4,168,615
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 · 3 active · 5 closed

12265 Circula Panorama, Santa Ana, CA 92705

Santa Ana · Single Family Residence

$2.29M
Luxury Tier
Beds
6
Baths
3
Sqft
3,141
Lot
6,615 sqft
Year
1975
$/Sqft
$729
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 69.6% above the median closed sale of $1,350,000. Price per sqft ($729) is a 68% premium to closed comps ($434). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.29M· $729/sqft
Total list price
Closed comps
vs closed median $1.35M
+$940K (+69.6%)
Active comps
vs active median $1.98M
+$315K (+15.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $567
+$162 (+28.6%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1042 Mcfadden AvenueSanta Ana2006543,64910,000$351$1.28M5858
13692 JenetSanta Ana1966533,64011,700$687$2.50M13756
13012 Malena DriveSanta Ana1962532,97813,700$663$1.98M5352
Total: 3 · Average5.03.33,422.33311,800$567$1.92M82.66666666666667
Median3,640$1.98M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3010 PacificSanta Ana196806/01/2026532,6646,500$1.39M$1.35M$5070.977375
2401 AvalonSanta Ana196306/12/2026532,5637,200$1.39M$1.39M$5421.0010172
2117 DeodarSanta Ana196309/29/2026532,84610,500$1.45M$1.40M$4920.976663
1042 McfaddenSanta Ana194506/09/2026543,64910,000$1.10M$1.00M$2740.917358
1532 4thSanta Ana190909/29/2026533,08411,550$1.10M$1.10M$3571.005658
Total: 5 · Average5.03.22,961.29,150$1.25M$1.25M$434.4—73.8
Median2,846$1.35M$1.35M

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.