We are pleased to offer a new construction opportunity in this ideal University Park / Chancellor Homes neighborhood. HOA approved plans for a new construction home with the following specs: 3,919 square foot living area, two story, 231 square foot California Room and 3 car garage with 3 car driveway. The Chancellor Homes neighborhood has experienced many new build homes of this size and elegance in the last few years. The seller is a contractor with many years experience in luxury new construction. He has built one other home in this actual neighborhood. Existing home is currently being used as a rental property with lease until March 2024. Rental income on the property is at market rents. Ideal property to hold with income before demolition starts. Full plans, budget & time frame for the new home available from listing agent. Outstanding Irvine schools: University Park Elementary, Rancho San Joaquin Middle School and University High School. Near UC Irvine.