1166 N Handy Street, Orange, California 92867, Orange, 92867 - 4 bed, 2 bath
1166 N Handy Street
Orange, California 92867
Property Price
SUMMARY
Analysis of 1166 N Handy Street, Orange, California 92867 reveals a property with a current list price of $1,850,000, which is 5% above the estimated $1,747,351 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1906, this historic farmhouse features an 'upgraded kitchen' with modern, high-end appliances (DÉCOR range, stainless steel fridge), but also includes dated tiled countertops and flooring. The bathrooms are significantly outdated with blue tiled counters and small square tiles, requiring a full renovation. The main living areas and bedrooms have dated green shag carpeting and traditional light fixtures. While the property appears well-maintained for its age, it requires substantial cosmetic updates to meet contemporary standards, particularly in the bathrooms and flooring, preventing it from being considered 'Good' or 'Excellent'.
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 = 20350, living area = 1991.
- Historic Charm & Uniqueness
This 1906 Orange Farmhouse offers significant historic charm and is described as a 'one-of-a-kind opportunity' with only three owners, suggesting a well-preserved legacy.
- Expansive & Private Lot
Situated on a private, secluded 20,350 square foot lot, the property boasts mature shade trees, a charming brick courtyard with a fountain, and producing fruit trees, offering exceptional outdoor living and potential.
CONSRISKS & DEFICIENCIES
- Age-Related Maintenance & Systems
As a 1906 build, the property may require significant ongoing maintenance and could have outdated infrastructure (e.g., plumbing, electrical, lack of central HVAC) that might necessitate future investment.
- Limited Bathroom Count
With only two bathrooms for four bedrooms, the property's bathroom-to-bedroom ratio is below modern expectations and may be a functional limitation for larger families or those seeking more convenience.
- Valuation Discrepancy & Layout
The current list price is notably higher than the property's estimated value, and the 'traditional floor plan' with two bedrooms in a finished attic might not align with contemporary buyer preferences for open-concept layouts or conventional bedroom arrangements.
About 1166 N Handy Street
THIS HISTORIC 1906 ORANGE FARMHOUSE is a STEP BACK IN TIME! Located on a PRIVATE, SECLUDED 20,350 SQUARE FOOT LOT, this property is a “ONE-OF-A-KIND OPPORTUNITY!” The traditional floor plan includes a LIVING ROOM highlighted by a FIREPLACE, a LARGE FORMAL DINING ROOM, an UPGRADED KITCHEN featuring a 6 BURNER DÉCOR RANGE and large adjoining BREAKFAST ROOM and a SEPARATE WOOD PANELED DEN/FAMILY ROOM with SECOND FIREPLACE. Two of the 4 bedrooms are downstairs and 2 are in the finished attic. A walk-in basement is accessible from the outside. There are 3 GARAGE SPACES in 2 separate buildings and an additional 2 COVERED SPACES. The manicured grounds include mature shade trees, a charming BRICK COURTYARD with fountain, producing Persimmon, Pomegranate, Macadamia Nut and Avocado trees and loads of potential garden areas. This “treasure” has had only 3 owners. Highly regarded VILLA PARK SCHOOLS are all a short distance away!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1906
- Lot Size
- 20,350 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,991 | 1,860 | 54% |
| Lot Size | 20,350 | 8,000 | 94% |
| Price | $1.85M | $1.24M | 86% |
| Price per sq ft | $929 | $636 | 98% |
| Built year | 1906 | 1964 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 190 | 177 | 55% |
Pricing History
Listed for Sale
Oct 16, 2025
$1,850,000
$1,950,000
-5% Price Drop
Initial Listing
Price Change
Aug 29, 2025
$1,950,000
Initial Listing