1731 Mccormack Lane, Placentia, California 92870, Placentia, 92870 - 3 bed, 2 bath

1731 Mccormack Lane, Placentia, California 92870 home-pic-0
ACTIVE$1,199,000
1731 Mccormack Lane, Placentia, California 92870
3Beds
2Baths
2,040Sqft
7,313Lot
Year Built
1963
Close
-
List price
$1.2M
Original List price
$1.3M
Price/Sqft
$588
HOA
-
Days on market
-
Sold On
-
MLS number
PW24237294
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 38% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.20M(50th), sqft - 2040(50th), beds - 3(30th), baths - 2(43th).

Charming Placentia Home in a Highly Desirable Location just steps away from award-winning schools, this beautiful 4-bedroom, 2-bathroom home is ideal for a growing family. The spacious interior features a bright and airy kitchen with elegant cabinetry, stunning granite countertops, and a large skylight that fills the space with natural light all day long. The kitchen seamlessly opens to a large dining room, with double French doors leading to a private front courtyard—a perfect spot to unwind. Relax in the cozy den, complete with a wood-burning free-standing fireplace, or enjoy the outdoors in the low-maintenance front and backyards. The synthetic grass in the front yard offers curb appeal with minimal upkeep, while the expansive backyard is great for entertaining. The master suite boasts a charming bay window and an en-suite bathroom for added comfort and privacy. Additional highlights include a newer AC unit (just 5 years old), an extra-large driveway with space for 2 cars plus RV parking, and a 2-car garage with direct access to the home. Since purchasing this home about two years ago, the owner has made several thoughtful upgrades, including the addition of solar panels, a new roof, an upgraded electrical panel, and gorgeous wood flooring to go with the tile flooring in the home. This home truly offers a perfect blend of comfort, style, and functionality, and it’s ready for a new family to make it their own.

Nearby schools

8/10
Charles Wagner Elementary School
Public,K-60.4mi
8/10
Col. J. K. Tuffree Middle School
Public,7-81.0mi
8/10
El Dorado High School
Public,9-120.5mi
Condition Rating
Excellent

Despite being built in 1963, this property has undergone extensive and thoughtful renovations within the last two years, including a new roof, upgraded electrical panel, newer AC unit (5 years old), and gorgeous wood flooring. The kitchen features elegant cabinetry and stunning granite countertops, indicating a modern and high-quality update. These significant, recent upgrades bring the property's condition to a virtually new standard, aligning with the 'Excellent' criteria for properties extensively renovated within 5 years.
Pros & Cons

Pros

Prime Location & Top-Rated Schools: Situated in a highly desirable Placentia neighborhood, just steps away from award-winning schools (Charles Wagner Elementary, Col. J. K. Tuffree Middle, El Dorado High, all rated 8), making it exceptionally attractive for families.
Extensive Recent Upgrades: The owner has invested in significant improvements over the last two years, including solar panels, a new roof, an upgraded electrical panel, a newer AC unit (5 years old), and new wood flooring, reducing immediate maintenance costs for a new buyer.
Updated & Bright Kitchen: Features a bright and airy kitchen with elegant cabinetry, stunning granite countertops, and a large skylight, appealing to modern tastes and enhancing daily living.
Versatile Outdoor Spaces & RV Parking: Offers a private front courtyard, low-maintenance front and expansive backyards ideal for entertaining, and an extra-large driveway with dedicated RV parking, providing practical and recreational benefits.
Spacious and Functional Layout: A 4-bedroom, 2-bathroom home (2040 sqft) with a cozy den and master suite with a charming bay window, designed to accommodate a growing family comfortably.

Cons

Significant Overpricing Relative to Valuation: The current listing price of $1,199,000 is substantially higher (38% above) the estimated property value of $739,970, indicating a potential overvaluation that could hinder saleability.
Extended Market Time: The property has been on the market for over four months (since December 2024), suggesting that the current pricing or other factors may be deterring potential buyers despite a recent price reduction from $1,299,000.
Age of Property (Potential for Hidden Costs): While many visible upgrades have been made, the home was built in 1963, and some original components or systems not explicitly mentioned as upgraded might require future maintenance or replacement.

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