11721 Palmwood Drive, Garden Grove, California 92840, Garden Grove, 92840 - 2 bed, 1 bath

11721 Palmwood Drive, Garden Grove, California 92840 home-pic-0

11721 Palmwood Drive

Garden Grove, California 92840

ACTIVE
CONDITION: GOOD
2Beds
1Baths
814Sq Ft
7,384Lot Size

Property Price

LIST PRICE$950,000
EST. MARKET VALUE
$841,631
12% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$841,631
Based on Realkey algorithm analyzing recent comparable sales in Garden Grove.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
11721 Palmwood Drive
Subject
$950,000*
List Price
21814$1,034-
A
10872 Poindexter Ave
Sold
$1,065,000321,125$9470.4 mi
B
10902 Poindexter
Active
$1,100,000
List Price
311,062$1,0360.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant modern updates, including a remodeled kitchen with Shaker cabinets, granite countertops, and stainless steel appliances. The interior is well-maintained with laminate flooring throughout, double-pane windows, and central HVAC. While the original structure dates to 1954, the permitted 500-square-foot addition and updated systems provide a contemporary living experience that meets the 'good' condition standards.

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 = 7384, living area = 814.

  • Significant Permitted Addition

    The property features a permitted 500+ square foot enclosed patio with a 3/4 bathroom, effectively transforming the 2-bedroom layout into a functional 3-bedroom, 2-bath residence.

  • ADU and Expansion Potential

    With a generous 7,384 square foot lot, the property offers excellent potential for an Accessory Dwelling Unit (ADU) or further structural expansion to increase value.

CONSRISKS & DEFICIENCIES

  • Small Primary Footprint

    The original core living area is only 814 square feet, which may feel restrictive for buyers looking for larger traditional common areas.

  • Mid-Century Infrastructure

    Built in 1954, the property may require ongoing maintenance or updates to aging systems typical of homes from this era.

  • Recent Price Appreciation

    The listing price was recently increased by over 5%, which may challenge appraisal values or buyer interest in a competitive market.

About 11721 Palmwood Drive

This wonderful single-family home offers room to grow on an expansive lot, with a flexible layout that lives like a 3-bedroom, 2-bath residence. The original 2-bedroom, 1-bath footprint has been enhanced by a permitted enclosed patio adding over 500 square feet, complete with a newer 3/4 bathroom—ideal as an additional bedroom, game room, or multipurpose space. Inside, you’ll find a stylish Shaker cabinet kitchen with stainless steel appliances and granite countertops, laminate flooring throughout, and two generously sized bedrooms. The backyard features mature fruit trees, a large storage shed, and a covered patio perfect for entertaining, all framed by a lush sugar cane perimeter that provides exceptional privacy. Additional highlights include central HVAC, double-pane windows throughout, and a spacious front yard with ample room for RV or boat storage or multiple vehicles, offering both comfort and convenience. Also a great home for a potential ADU given the great lot size!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1954
Lot Size
7,384 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
4%
Baths1.02.0
7%
Square foot8141,531
1%
Lot Size7,3847,384
50%
Price$950.0K$1.04M
36%
Price per sq ft$1.2K$643
99%
Built year19541955
42%
HOA$0$0
50%
Days on market58166
10%

Pricing History

Listed for Sale

Jan 19, 2026

$950,000

$899,000

+6% Price Increase

Initial Listing

Price Change

Jan 8, 2026

$899,000

Initial Listing

Sold

May 23, 2013

$352,000

Public Record

Sold

Aug 13, 2003

$285,000

Public Record

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