10845 N Meads, Orange, California 92869, Orange, 92869 - 6 bed, 6 bath
10845 N Meads
Orange, California 92869
Property Price
SUMMARY
Analysis of 10845 N Meads, Orange, California 92869 reveals a Prime Investment Opportunity with a current list price of $3,895,000—significantly undercutting the $4,078,475 Fair Market Value by 4%. This valuation gap indicates a +$183,475 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 10845 N Meads Subject | $3,895,000* List Price | 6 | 6 | 6,294 | $648 | - |
A 10991 Meads Sold | $4,653,000 | 6 | 7 | 6,200 | $750 | 0.2 mi |
B 10612 Morada Sold | $3,800,000 | 6 | 7 | 6,545 | $581 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite its 1958 original build date, the property has undergone an extensive high-end renovation within the last 5 years. It features a professional chef's kitchen with top-tier Viking, Sub-Zero, and Miele appliances, a spa-inspired primary bathroom, and modern infrastructure including a Tesla charger, dual central A/C with additional split systems, and updated flooring throughout.
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 = 46174, living area = 6294.
- Premier Equestrian Facilities
The estate features a large lighted riding arena, two covered stalls, a tack room, and direct access to local riding trails, offering a complete lifestyle for horse enthusiasts.
- Gourmet Chef's Kitchen
Equipped with professional-grade Viking, Sub-Zero, and Miele appliances, dual dishwashers, and a walk-in pantry, the kitchen is designed for high-capacity entertaining.
CONSRISKS & DEFICIENCIES
- High Maintenance Requirements
The extensive equestrian infrastructure and large lot size demand significant ongoing labor and financial investment to maintain in peak condition.
- Legacy Construction
Originally built in 1958, the property may have underlying structural or utility characteristics typical of its era that persist despite modern renovations.
- Niche Market Appeal
The specialized equestrian focus and premium price point limit the potential buyer pool to a specific lifestyle segment, which may result in a longer time on market.
About 10845 N Meads
Discover an extraordinary 6-bed, 6-bath equestrian estate where refined living meets exceptional entertaining, offering unmatched flexibility, privacy, and sweeping views. Designed for gathering and gracious day-to-day living, the home features a chef-caliber kitchen outfitted with Viking dual ovens, gas range with griddle, warming drawer, overhead heat lamps and pot filler, along with a Miele steamer oven, Sub-Zero refrigerator, wine and beverage fridges, two kitchen sinks, two dishwashers, and a walk-in pantry, plus a reverse osmosis system for premium water quality. The expansive primary suite boasts a walk-in closet with dedicated laundry, a spa-inspired bathroom with large walk-in shower and soaking tub, and overlooks tranquil outdoor spaces. A separate entrance studio/ADU offers incredible flexibility for guests, multigenerational living or rental income, complete with kitchenette, ¾ bath and private parking. Infrastructure highlights include dual central A/C units supported by three additional split systems for zoned climate control, two laundry areas, indoor/outdoor speakers, gas fireplace and thoughtful storage throughout. The oversized three-car garage is built to accommodate a full-size truck, finished with epoxy flooring, high-end storage systems and a Tesla charger. Outside, equestrian amenities take center stage with a large lighted riding arena, two covered stalls, a tack room and direct access to nearby riding trails. Expansive outdoor patios and gathering spaces make entertaining effortless with room to grill, dine, play or take in the views, all supported by ample guest parking. This rare property blends polished living, top-tier systems, and functional equestrian infrastructure into a private retreat that feels miles from everything while conveniently close to city amenities, offering the ultimate urban horse property lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 46,174 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 6 (6 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 | 6.0 | 4.0 | 94% |
| Baths | 6.0 | 3.0 | 93% |
| Square foot | 6,294 | 2,174.5 | 98% |
| Lot Size | 46,174 | 8,000 | 94% |
| Price | $3.90M | $1.31M | 95% |
| Price per sq ft | $619 | $637 | 45% |
| Built year | 1958 | 1971 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 164 | 5% |
Pricing History
Listed for Sale
Mar 5, 2026
$3,895,000
$4,250,000
-8% Price Drop
Initial Listing
Price Change
Jan 14, 2026
$4,250,000
Initial Listing