1559 N Mustang Avenue, Orange, California 92869, Orange, 92869 - 7 bed, 5 bath
1559 N Mustang Avenue
Orange, California 92869
Property Price
SUMMARY
Analysis of 1559 N Mustang Avenue, Orange, California 92869 is currently available with a list price of $2,350,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1979, this home is well-maintained with newer carpet and paint, and upgraded kitchen appliances. However, the kitchen cabinets are traditional, and the primary bathroom's tile and fixtures are significantly dated. While some secondary bathrooms show more recent updates, the overall aesthetic and key areas like the primary bath and main kitchen style suggest the last major renovation was 15-30 years ago, aligning with the 'fair' category. Major systems may also require future updates due to the property's age.
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 = 19520, living area = 3942.
- Exceptional Location & Community
Situated in the highly sought-after Orange Park Acres, offering convenient access to major freeways (5/55/22, 241/261), renowned parks (Irvine Park, Santiago Oaks, Peters Canyon), and desirable schools.
- Expansive Lot & Resort-Style Backyard
An oversized nearly 1/2 acre lot features a resort-style backyard complete with a pool, spa, fireplace, built-in BBQ, firepit, pergola, large grass area, and multiple seating areas, ideal for entertainment and outdoor living.
CONSRISKS & DEFICIENCIES
- Property Age & Potential System Updates
Built in 1979, while featuring newer carpet and paint, the property's age suggests that major systems (e.g., HVAC, plumbing, electrical) may be original or require significant updates in the near future.
- High Maintenance Outdoor Space
The nearly 1/2 acre lot with extensive landscaping, a pool, spa, and even a goat pen implies substantial ongoing maintenance time and cost, which may not appeal to all buyers.
- Lack of Scenic Views
The property description explicitly states 'view:None', which could be a drawback for buyers prioritizing scenic vistas, especially in a desirable Orange County location.
About 1559 N Mustang Avenue
Welcome to 1559 N. Mustang Avenue, a Dream Lot/Location Within the Sought-After Orange Park Acres Community. This Sprawling Single Level Home Sits on an Oversized Lot (Nearly ½ Acre) Featuring Seven Bedrooms, Four and a Half Bathrooms, Bonus Room, RV/Boat Parking, Newer Carpet, Newer Interior/Exterior Paint, and a Resort-Style Backyard. Upon Entry, the Open-Concept Living and Dining Room Feature a Soaring Ceiling, Cozy Fireplace, Wet Bar, and Backyard Access. The Kitchen Provides Ample Cabinet Space, Upgraded Appliances, Built-In Fridge, Peninsula with Seating, Backyard Views, Breakfast Nook, and Built-In Desk. The Family Room Boasts a Coffered Ceiling, Built-Ins, Fireplace, and Backyard Access. The Spacious Primary Suite Features a Coffered Ceiling, Backyard Access, and Ensuite Bath with Dual Vanities, Makeup Vanity, Walk-In Shower, Separate Tub, and Walk-In Closet. The Expansive Backyard Includes a Pool, Spa, Fireplace, Built-In BBQ, Firepit, Pergola, Large Grass Area, Goat Pen, and Multiple Seating Areas. Direct Access Three Car Garage. Easy Access to Irvine Park/Santiago Oaks Park/Peters Canyon Regional Park. Minutes from the 5/55/22 Freeways, 241/261 Toll Roads, and Multiple Nearby Sought After Schools: Chapman Hills Elementary, Linda Vista Elementary, Salem, Oakridge, and Orange Lutheran High. No HOA and No Mello-Roos! 1559 N. Mustang Avenue is a Must See Home in Orange Park Acres!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 19,520 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 5 (5 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 | 7.0 | 4.0 | 99% |
| Baths | 5.0 | 3.0 | 91% |
| Square foot | 3,942 | 2,174.5 | 94% |
| Lot Size | 19,520 | 8,000 | 90% |
| Price | $2.35M | $1.31M | 90% |
| Price per sq ft | $596 | $637 | 40% |
| Built year | 1979 | 1971 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 164 | 6% |
Pricing History
Listed for Sale
Jan 12, 2026
$2,350,000
Initial Listing
Sold
Nov 4, 2004
$1,300,000
Public Record
Sold
Sep 17, 2002
$845,000
Public Record
Sold
Nov 28, 1995
$530,000
Public Record