1309 W Valley View Drive, Fullerton, California 92833, Fullerton, 92833 - 5 bed, 5 bath

1309 W Valley View Drive, Fullerton, California 92833 home-pic-0
ACTIVE$2,890,000
1309 W Valley View Drive, Fullerton, California 92833
5Beds
5Baths
3,952Sqft
24,780Lot

Price Vs. Estimate

The estimated value ($1,899,779.545) is $990,220.455 (34%) lower than the list price ($2,890,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 24780, living area = 3952.
Top Cons:
Significant Overpricing: The current list price of $2.89M is 34% above the estimated property value of approximately $1.9M and considerably higher than a recently sold comparable property ($2.125M), indicating potential overvaluation.

Compared to the nearby listings

Price:$2.89M vs avg $1.02M (+$1,867,500)99%
Size:3,952 sqft vs avg 1,775 sqft98%
Price/sqft:$731 vs avg $66678%

More Insights

Built in 1951 (74 years old).
Condition: This property, originally built in 1951, was extensively rebuilt in 2006, making its effective age for condition assessment 18 years. The description and images showcase a high-quality, move-in ready home. The gourmet kitchen features custom cabinets, granite countertops, built-in stainless steel appliances, and a large center island, all appearing well-maintained and functional. Bathrooms boast designer-selected marble floors, separate tubs and showers, and modern fixtures. Luxurious hardwood and marble tile flooring are present throughout. While the renovation is 18 years old, the quality of materials and the comprehensive nature of a 'rebuild' ensure that major systems are within their expected lifespan and the aesthetics remain desirable, requiring no immediate updates.
Year Built
1951
Close
-
List price
$2.89M
Original List price
$3.15M
Price/Sqft
$731
HOA
-
Days on market
-
Sold On
-
MLS number
PW24014407
Home ConditionGood
Features
Good View: Trees/Woods
Pool
Patio
ViewTrees/Woods

About this home

This elegant and luxurious custom single-story home was rebuilt in 2006 and features high ceilings, 5 bedrooms (3 ensuite), and 4.5 bathrooms in 3,952 s.f. of living space. Grand double doors open to reveal marble tile floors in the spacious entrance, while luxurious hardwood floors in the bedroom, living room, and family room. The living room, with its fireplace, high ceilings, bright interior and custom curtains, doubles as a dining room. The spacious main suite features high ceilings, luxurious hardwood floors, and elegant curtains to create a romantic atmosphere. The primary bathroom features designer-selected marble floors, a bathtub, and a separate shower. The art museum-like living room has a high ceiling, a fireplace, and a glass door leading directly to the cottage yard, creating a brighter and more cozy atmosphere. Two en-suite rooms can be used as guest rooms, secondary suites or offices. The spacious, gourmet kitchen features custom cabinets, granite counters, backsplash, built-in appliances, large center island, pantry, and dining area where you can enjoy your meals with tree views. There is a separate 3 car garage for additional parking and a long driveway. A private swimming pool, tennis court and lots of trees make for a very private and peaceful life.

Condition Rating
Good

This property, originally built in 1951, was extensively rebuilt in 2006, making its effective age for condition assessment 18 years. The description and images showcase a high-quality, move-in ready home. The gourmet kitchen features custom cabinets, granite countertops, built-in stainless steel appliances, and a large center island, all appearing well-maintained and functional. Bathrooms boast designer-selected marble floors, separate tubs and showers, and modern fixtures. Luxurious hardwood and marble tile flooring are present throughout. While the renovation is 18 years old, the quality of materials and the comprehensive nature of a 'rebuild' ensure that major systems are within their expected lifespan and the aesthetics remain desirable, requiring no immediate updates.
Pros & Cons

Pros

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 = 24780, living area = 3952.
Extensive Renovation & Modernization: The home was rebuilt in 2006, effectively offering modern construction standards and features despite its original 1951 build year, ensuring updated systems and aesthetics.
Luxury Amenities & High-End Finishes: Features include a private swimming pool, tennis court, marble tile and luxurious hardwood floors, custom cabinets, granite counters, built-in appliances, and high ceilings, catering to a high-end lifestyle.
Spacious & Versatile Living Space: With 3,952 sqft, 5 bedrooms (including 3 en-suites), and 4.5 bathrooms, the property offers ample space and flexibility for various living arrangements, guest accommodations, or home offices.
Private & Peaceful Setting: Situated on a large 24,780 sqft lot with abundant trees, a private pool, and a tennis court, the property provides a serene, secluded, and exclusive living environment.
Gourmet Kitchen & Ample Parking: The spacious gourmet kitchen boasts custom cabinets, granite counters, a large center island, built-in appliances, and a pantry. Additionally, a separate 3-car garage and long driveway offer extensive parking.

Cons

Significant Overpricing: The current list price of $2.89M is 34% above the estimated property value of approximately $1.9M and considerably higher than a recently sold comparable property ($2.125M), indicating potential overvaluation.
Extended Market Time & Price Reduction: The property has been on the market since February 2024 and has already seen a price reduction from $3.15M, suggesting challenges in attracting buyers at its current price point and a potentially longer sales cycle.
High Maintenance for Extensive Amenities: While desirable, the private swimming pool and tennis court represent significant ongoing maintenance costs and time commitment, which could be a deterrent for some potential buyers.

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