1241 E Mayfair, Orange, California 92867, Orange, 92867 - 3 bed, 2 bath

1241 E Mayfair, Orange, California 92867 home-pic-0
ACTIVE$1,434,000
1241 E Mayfair, Orange, California 92867
3Beds
2Baths
2,130Sqft
7,137Lot

Price Vs. Estimate

The estimated value ($1,448,255.245) is $14,255.245 (0%) lower than the list price ($1,434,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Strategically located just four blocks from the historic Old Towne Orange District, offering convenient access to shopping, dining, and local charm.
Top Cons:
Back on Market Status: The property is back on the market due to a previous buyer not performing, which may raise questions or concerns for new prospective buyers.

Compared to the nearby listings

Price:$1.43M vs avg $1.22M (+$214,000)65%
Size:2,130 sqft vs avg 1,899.5 sqft58%
Price/sqft:$673 vs avg $63560%

More Insights

Built in 1954 (71 years old).
Condition: Despite being built in 1954, this property has undergone a recent, extensive, and high-quality renovation by IAM Design, as explicitly stated and visually confirmed. The kitchen boasts sleek modern white oak shaker cabinets, top-of-the-line stainless steel appliances, and contemporary finishes. Both bathrooms are fully updated with modern vanities, stylish tiling (including checkered floors in the primary bath), and new fixtures. The home features new flooring (LVP/engineered wood and modern tiles), recessed lighting, and fresh paint throughout, presenting a virtually new interior that meets current quality standards with no visible deferred maintenance.
Year Built
1954
Close
-
List price
$1.43M
Original List price
$1.55M
Price/Sqft
$673
HOA
-
Days on market
-
Sold On
-
MLS number
PW25249413
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Back on market. Buyer did not perform. Welcome to 1241 E Mayfair Ave, just four blocks from the Old Towne Orange District. Renovated by IAM Design, this home showcases the craftsmanship and style of a team known throughout the City of Orange for their thoughtful design and high quality renovations. IAM Design has completed many projects in the area, each marked by elevated finishes and a strong attention to detail. This gem boasts 3 bedrooms and 2 bathrooms across 2,130 square feet of fully permitted living space on a 7,130 square foot corner lot. Step inside to an open living and dining area that flows into a sleek modern kitchen with top of the line appliances and white oak shaker cabinets. The massive family room with its cozy fireplace provides endless possibilities. Host gatherings, create a home theater, or with the right vision, transform this generous space into a private suite or secondary retreat. The primary bedroom is spacious and features a permitted primary bathroom addition, large walk-in closet, with refreshed and elevated the finishes, bringing the space up to modern standards with checkered floors and beautiful tile throughout. Outside, enjoy your own private retreat with a heated pool and spa, perfect for relaxation or year round entertaining. The attached two car garage adds everyday convenience, while the large corner lot offers plenty of room to stretch out and enjoy. All renovation work has been done by a licensed contractor, bringing with it a one year fit and finish warranty. And for buyers looking for something truly tailored, IAM Design offers an opportunity to explore additional personal touches during escrow for the right price. All of this is located moments from the shopping, dining, and charm of The Orange Circle, where historic character meets modern local flavor.

Condition Rating
Excellent

Despite being built in 1954, this property has undergone a recent, extensive, and high-quality renovation by IAM Design, as explicitly stated and visually confirmed. The kitchen boasts sleek modern white oak shaker cabinets, top-of-the-line stainless steel appliances, and contemporary finishes. Both bathrooms are fully updated with modern vanities, stylish tiling (including checkered floors in the primary bath), and new fixtures. The home features new flooring (LVP/engineered wood and modern tiles), recessed lighting, and fresh paint throughout, presenting a virtually new interior that meets current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Location: Strategically located just four blocks from the historic Old Towne Orange District, offering convenient access to shopping, dining, and local charm.
High-Quality Renovation: Professionally renovated by IAM Design, known for their craftsmanship, elevated finishes, attention to detail, and backed by a one-year fit and finish warranty.
Modern Interior & Amenities: Features a sleek modern kitchen with top-of-the-line appliances, white oak shaker cabinets, and a primary suite with a permitted, updated bathroom and large walk-in closet.
Outdoor Entertainment: Includes a private outdoor retreat with a heated pool and spa, perfect for year-round relaxation and entertaining.
Versatile Living Space: A massive family room with a fireplace offers significant flexibility for various uses, such as a home theater, gathering space, or potential conversion into an additional suite.

Cons

Back on Market Status: The property is back on the market due to a previous buyer not performing, which may raise questions or concerns for new prospective buyers.
Older Original Construction: Built in 1954, despite extensive renovations, the underlying structure is older, which could potentially lead to unforeseen issues or require updates to systems not explicitly mentioned as replaced.
Price Reduction History: Multiple price reductions from the original list price suggest potential market resistance or an initial overvaluation, which could impact buyer perception.

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