1548 Olympic Avenue, Placentia, California 92870, Placentia, 92870 - 4 bed, 2 bath

1548 Olympic Avenue, Placentia, California 92870 home-pic-0
ACTIVE$1,449,000
1548 Olympic Avenue, Placentia, California 92870
4Beds
2Baths
2,084Sqft
12,154Lot

Price Vs. Estimate

The estimated value ($986,788.13) is $462,211.87 (31%) lower than the list price ($1,449,000). 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 = 12154, living area = 2084.
Top Cons:
Lack of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a significant drawback for comfort during warmer months in California.

Compared to the nearby listings

Price:$1.45M vs avg $1.20M (+$249,000)79%
Size:2,084 sqft vs avg 2,065 sqft50%
Price/sqft:$695 vs avg $60173%

More Insights

Built in 1968 (57 years old).
Condition: Despite being built in 1968, the property has undergone extensive and high-quality recent renovations, including brand-new interior paint, new flooring, and fully renovated bathrooms. The gourmet kitchen features custom high-end cabinetry, quartz countertops, modern built-in appliances (gas stove with microwave/oven), and recessed lighting, all meeting current quality standards. The primary suite boasts a designer vanity and walk-in shower. A fully paid-off solar system further enhances its modern appeal and efficiency. While the property analysis notes a lack of central air conditioning, the overall condition of the renovated living spaces, particularly the kitchen and bathrooms, is virtually new and of excellent quality, aligning with the criteria for an extensively renovated property within the last 5 years.
Year Built
1968
Close
-
List price
$1.45M
Original List price
$1.5M
Price/Sqft
$695
HOA
$60
Days on market
-
Sold On
-
MLS number
OC25063681
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

This stunning single-story home is located in a highly desirable cul-de-sac in Placentia. It features 4 bedrooms, 2 bathrooms, and 2,084 sq. ft. of living space, sitting on an oversized 0.28-acre lot. The solar system has been fully paid off. Recent upgrades include brand-new interior paint, new flooring, and renovated bathrooms. The welcoming entryway leads to a spacious living room with large floor-to-ceiling windows, allowing an abundance of natural light . The gourmet kitchen boasts custom high-end cabinetry, quartz countertops, a gas stove with a built-in microwave/oven, recessed lighting, and a large garden window. It seamlessly opens to the family room, creating a perfect flow for entertaining. The family room and dining area offer breathtaking views of the backyard. The primary suite features two custom closets, a designer vanity, and a walk-in shower. A sparkling swimming pool & spa for year-round enjoyment.A covered patio area, ideal for outdoor gatherings.A vast garden space with planter beds and mature landscaping. A large beach-style fire pit area and a bar with a hidden children’s playroom provide endless fun for all. Access to a private community swimming pool & clubhouse.Located in the highly acclaimed Placentia-Yorba Linda Unified School District. It is within walking distance to Nixon Library, El Cajon Trail, Yorba Linda Middle School, and local restaurants. Close to shopping centers and entertainment. This is a dream home you don’t want to miss! Schedule a tour today!

Condition Rating
Excellent

Despite being built in 1968, the property has undergone extensive and high-quality recent renovations, including brand-new interior paint, new flooring, and fully renovated bathrooms. The gourmet kitchen features custom high-end cabinetry, quartz countertops, modern built-in appliances (gas stove with microwave/oven), and recessed lighting, all meeting current quality standards. The primary suite boasts a designer vanity and walk-in shower. A fully paid-off solar system further enhances its modern appeal and efficiency. While the property analysis notes a lack of central air conditioning, the overall condition of the renovated living spaces, particularly the kitchen and bathrooms, is virtually new and of excellent quality, aligning with the criteria for an extensively renovated property within the last 5 years.
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 = 12154, living area = 2084.
Extensive Outdoor Entertainment: The property boasts a sparkling swimming pool & spa, covered patio, vast garden space, a beach-style fire pit, and a bar with a hidden children’s playroom, offering exceptional outdoor living and entertainment options.
Significant Recent Upgrades: Recent renovations include brand-new interior paint, new flooring, renovated bathrooms, and a gourmet kitchen with custom high-end cabinetry and quartz countertops, making the home move-in ready.
Desirable Location & School District: Situated in a highly desirable cul-de-sac within the acclaimed Placentia-Yorba Linda Unified School District, with walkability to local landmarks, schools, restaurants, and proximity to shopping and entertainment.
Energy Efficiency: The inclusion of a fully paid-off solar system provides significant long-term energy cost savings for the homeowner.
Spacious Lot & Single-Story Layout: An oversized 0.28-acre lot offers ample outdoor space, complemented by a convenient single-story floor plan ideal for accessibility and comfortable living.

Cons

Lack of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a significant drawback for comfort during warmer months in California.
Age of Core Systems: Built in 1968, while cosmetically updated, some underlying major systems (e.g., plumbing, electrical, roof) may still be original or older, potentially requiring future maintenance or upgrades.
Aggressive Pricing: The listing price of $1.449M is substantially higher than the estimated value of $986,788.13, which may impact market competitiveness and buyer interest.

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