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12265 Circula Panorama, Santa Ana, CA, 92705

6beds
3baths
3,141sqft
$2,290,000
$729price/sqft
$14,943/moest. monthly cost
$597,720/yrincome needed

About This Home

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.

Getting Around

7
WalkingCar-Dependent
29
TransitSome Transit
2
BikeSomewhat Bikeable

Schools

9/10
6/10
Santiago Middle SchoolGrades 7-81.0 mi
8/10
El Modena High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1975

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: See Remarks

Bedroom

  • Features: All Bedrooms Down

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 4

Features

  • Beamed Ceilings,Wet Bar,Breakfast Bar,Open Floorplan,Recessed Lighting,Storage,All Bedrooms Down,Bedroom on Main Level,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Window features: Double Pane Windows
  • Fireplace features: See Remarks
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,141 sqft

Kitchen

  • Features: Kitchen Island,Kitchen/Family Room Combo,Remodeled,Updated Kitchen

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 09420324
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 6,615 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 2
  • Parking features: Direct Access,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Landslide

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,579$138,948
Home Insurance *$313$3,756
Property Taxes $2,378$28,536
Electricity $673$8,082
Total$14,943$179,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$512,331/yr
40% on housing$448,290/yr
45% on housing$398,480/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$729This listing

vs Other Active Listings

Avg $/sqft

ZIP 92705$628
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92705$623
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Listed for sale$2,290,000
2026-06-30Listing removed$2,290,000
2026-06-23Listed for sale$2,290,000
2025-08-26Listing removed$9,500
2025-05-14Listed for rent$9,500
2025-03-16Listing removed$8,500
2024-12-20Price change$8,500
2024-11-10Price change$10,000
2024-09-09Price change$12,000
2024-08-15Listed for rent$15,000
2014-07-09Listing removed$939,000
2014-05-09Listed for sale$939,000
2013-08-27Sold$750,000
2013-05-02Listed for sale$849,900
2013-03-04Sold$660,000
2012-09-08Pending sale$599,000
2012-07-10Listed for sale$599,000
2009-10-24Listing removed$825,000
2009-01-22Listed for sale$825,000
1995-09-29Sold$330,000
1995-05-24Sold$251,250

Pre-Foreclosure - For Sale by Agent

AgentSteven "Bud" Mastropaolo
BrokerageeXp Realty of Southern Ca, Inc

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