1011 E Chestnut, Orange, California 92867, Orange, 92867 - 5 bed, 3 bath
1011 E Chestnut
Orange, California 92867
Property Price
SUMMARY
Analysis of 1011 E Chestnut, Orange, California 92867 reveals a Fairly Priced Property with a current list price of $1,350,000 aligned with the estimated $1,340,164 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Orange Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1011 E Chestnut Subject | $1,350,000* List Price | 5 | 3 | 2,240 | $598 | - |
A 1674 N Morningside Sold | $1,235,000 | 4 | 2 | 2,078 | $594 | 0.8 mi |
B 704 E Barkley Avenue Sold | $1,305,000 | 4 | 2 | 2,200 | $593 | 0.9 mi |
C 445 E Hoover Avenue Sold | $1,000,000 | 5 | 3 | 1,805 | $554 | 0.5 mi |
D 822 E Lomita Avenue Sold | $1,375,000 | 4 | 2 | 2,160 | $637 | 0.9 mi |
E 1127 E Adams Avenue Active | $1,295,000 List Price | 4 | 3 | 2,061 | $628 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in-ready condition with several key updates that elevate it above a 'fair' rating. While originally built in 1962, the home features updated hardwood and laminate flooring, recessed lighting, and a newly added third bathroom. The kitchen and existing bathrooms have been modernized with stone countertops and updated fixtures, although the oak cabinetry reflects an older renovation style. Overall, the home is well-maintained with functional systems and no immediate signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10106, living area = 2240.
- Expansive Lot & ADU Potential
The oversized 10,106 sq ft lot provides rare flexibility in this area, offering ample space for a pool, guest house, or a detached ADU for rental income.
- Modernized Move-In Condition
Extensive updates to the kitchen, bathrooms, and flooring, along with a newly added third bathroom, ensure a contemporary feel and immediate occupancy.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property does not offer any significant views, which may be a drawback for buyers prioritizing a scenic or elevated outlook.
- 1960s Infrastructure
Built in 1962, the home may have aging underlying systems such as plumbing or electrical that might require attention despite the cosmetic renovations.
- High Yard Maintenance
The expansive 10,000+ sq ft lot requires significant ongoing maintenance and landscaping costs to keep the outdoor space functional and attractive.
About 1011 E Chestnut
Beautifully updated single-story 5-bedroom, 3-bath ranch-style home located in a desirable Orange neighborhood, set on an expansive 10,000+ sq ft lot bursting with opportunity. The home now features a newly added third bathroom that conveniently includes an indoor washer and dryer, adding functionality and everyday ease. Inside, you’ll find a spacious family room anchored by a charming wood-burning fireplace, perfect for gatherings or cozy nights in. Just off the kitchen is a versatile bonus room that can easily function as an additional bedroom, home office, den, or even a butler’s pantry, offering flexibility to suit your lifestyle needs. The updated kitchen and bathrooms blend modern comfort with classic appeal, while the thoughtful single-level layout makes the home both practical and inviting. Updated flooring throughout the home enhances the fresh, move-in-ready feel. Step outside to an oversized backyard with incredible ADU potential—whether you’re dreaming of a guest house, rental income, pool, play area, or all of the above, this lot offers big-time flexibility and room to grow. Conveniently located within walking distance to Taft Library and Taft Elementary School, and just minutes from restaurants, shopping, and major freeways. This is a rare opportunity to own a move-in-ready home with space, upgrades, versatility, and exceptional future potential in one of Orange’s most sought-after areas. More Photos Coming Soon......
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 10,106 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,240 | 1,860 | 68% |
| Lot Size | 10,106 | 8,000 | 74% |
| Price | $1.35M | $1.24M | 63% |
| Price per sq ft | $603 | $634 | 37% |
| Built year | 1962 | 1964 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 177 | 1% |
Pricing History
Listed for Sale
Feb 1, 2026
$1,350,000
Initial Listing
Sold
Jun 15, 2023
$1,050,000
Public Record