1020 Mariposa Drive, Brea, California 92821, Brea, 92821 - 4 bed, 2 bath

1020 Mariposa Drive, Brea, California 92821 home-pic-0
ACTIVE$990,000
1020 Mariposa Drive, Brea, California 92821
4Beds
2Baths
2,112Sqft
6,700Lot
Year Built
1963
Close
-
List price
$990K
Original List price
$1.08M
Price/Sqft
$469
HOA
-
Days on market
-
Sold On
-
MLS number
WS24242111
Home ConditionGood
Features
Good View: Hills, Trees/Woods
Patio
ViewHills, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,5 Pros. Rank: price - $990.0K(27th), sqft - 2112(63th), beds - 4(50th), baths - 2(46th).

Step inside to discover a spacious and versatile home with endless potential, offering a generous layout perfect for both comfortable living and future possibilities. Featuring two inviting family rooms, one with a cozy fireplace, this home is ideal for entertaining, relaxing, or accommodating a growing household. At the heart of the home is a remodeled chef’s kitchen, complete with quartz countertops, a gas range, built-in microwave, refrigerator, and dishwasher. Major upgrades—including a new AC unit, furnace, kitchen, and roof—all completed in 2021—provide lasting comfort and peace of mind. The second family room at the rear of the home offers excellent flexibility to be converted into a fifth (5th) bedroom, attached ADU, or private home office, making it perfect for multi-generational living or rental income opportunities. Sitting on an approximately 6,700 sq. ft. lot, the home also features RV parking and a two-car garage, adding both convenience and functionality. Located in a safe, quiet, and family-friendly neighborhood, this home is just across the street from Mariposa Elementary School and within the highly sought-after Brea Olinda Unified School District, with easy access to Brea Junior High and Brea Olinda High. Enjoy the convenience of nearby shopping, dining, the 57 Freeway, and scenic hiking and biking trails in the surrounding foothills. This is a rare opportunity to own a spacious, upgraded home with incredible potential in one of Brea’s most desirable and secure communities.

Condition Rating
Good

The property, built in 1963, benefits from significant and recent major upgrades in 2021, including a new AC unit, furnace, roof, and a remodeled chef’s kitchen with modern appliances (quartz countertops, gas range, built-in microwave, refrigerator, and dishwasher). These updates make the home move-in ready with major systems and the kitchen in excellent condition. However, the listing does not explicitly mention renovations to the bathrooms or other areas like general flooring or electrical, suggesting that while extensively updated in key areas, it may not have undergone a full, comprehensive renovation of every component to meet the 'Excellent' criteria for a home of its original build year. The images confirm the modern kitchen and generally well-maintained interior, but without specific details on bathroom updates, a 'Good' rating is appropriate.
Pros & Cons

Pros

Recent Major System Upgrades: The property boasts significant upgrades completed in 2021, including a new AC unit, furnace, kitchen, and roof, providing modern comfort and reducing immediate maintenance concerns.
Flexible Floor Plan & ADU Potential: Featuring two family rooms, one offers excellent versatility for conversion into a fifth bedroom, attached ADU, or private home office, catering to multi-generational living or rental income opportunities.
Top-Rated School District & Family-Friendly Location: Located in a safe, quiet, and family-friendly neighborhood, directly across from Mariposa Elementary School and within the highly sought-after Brea Olinda Unified School District.
Modern Remodeled Kitchen: The heart of the home features a remodeled chef’s kitchen with quartz countertops, a gas range, built-in microwave, refrigerator, and dishwasher, appealing to contemporary tastes.
Convenient Parking & Storage: The property includes practical amenities such as RV parking and a two-car garage, offering ample space for vehicles and additional storage.

Cons

Limited Bathroom Count: With 4 bedrooms and potential for a 5th, having only 2 bathrooms may be a limiting factor for larger families or those desiring more private facilities compared to some comparable properties.
Original Construction Age: Despite recent major upgrades, the home's original build year of 1963 suggests that some underlying structural or system components (e.g., plumbing, electrical beyond HVAC) may be older, potentially requiring future attention.
Extended Market Time & Price Adjustment: The property has been on the market since November 2024 and has undergone a significant price reduction from its original listing, which could suggest initial overpricing or challenges in attracting buyer interest.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state