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18259 Midbury Street, Brea, California 92821, Brea, 92821 - 3 bed, 2 bath

18259 Midbury Street, Brea, California 92821 home-pic-0
ACTIVE$1,189,000
18259 Midbury Street, Brea, California 92821
3Beds
2Baths
1,716Sqft
9,000Lot
Year Built
1968
Close
-
List price
$1.19M
Original List price
$1.18M
Price/Sqft
$693
HOA
-
Days on market
-
Sold On
-
MLS number
TR25078828
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.19M(46th), sqft - 1716(36th), beds - 3(37th), baths - 2(46th).

Outstanding single-story 3-bedroom 2-bathroom home on a large corner lot. This stunning, turnkey modern design was almost completely renovated. Ideally situated north of Brea, this home features so many upgrades: kitchen, luxury vinyl floors, baths, piping, paint, and more. Additionally, the property boasts a beautiful outdoor space that offers breathtaking views of the landscape plants and neighborhood lights. Other highlights include the soaring ceilings, an open kitchen, all dual-panel windows, and a large 3-car garage. This is one of the most unique homes on the market, and it won't last long.

Condition Rating
Excellent
Despite being built in 1968, the property has undergone an 'almost complete renovation' with a 'turnkey modern design.' The description explicitly mentions upgrades to the kitchen, luxury vinyl floors, baths, piping, and paint. This indicates that major components and aesthetic elements are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'Excellent' condition score. The single image provided (assuming it reflects the description) would further support this assessment of a recently and extensively updated home.
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 = 9000, living area = 1716.
Extensive Modern Renovation: The home boasts an 'almost completely renovated' turnkey modern design, including upgrades to the kitchen, luxury vinyl floors, baths, piping, and paint, offering a fresh and updated living experience.
Large Corner Lot: Situated on a 'large corner lot,' the property provides ample outdoor space, enhanced privacy, and potentially greater curb appeal.
Desirable Location: The property is 'ideally situated north of Brea,' indicating a sought-after location within the city.
Scenic Outdoor Space & Views: Features a 'beautiful outdoor space' with 'breathtaking views of the landscape plants and neighborhood lights,' enhancing its aesthetic appeal and lifestyle.
Premium Interior & Utility Features: Highlights include 'soaring ceilings,' an 'open kitchen,' 'all dual-panel windows' for energy efficiency, and a 'large 3-car garage,' providing significant functional and aesthetic benefits.

Cons

Significant Overpricing: The listing price is substantially higher than the property's estimated value (estimation ratio -36), which may lead to market resistance and require a price adjustment.
Older Construction Year: Built in 1968, the property's age, despite renovations, could raise concerns about the condition of unmentioned systems or components not covered by the recent upgrades.
Lack of Explicit Cooling System: While dual-panel windows are mentioned, the description does not explicitly state the presence of a central air conditioning or cooling system, which could be a drawback in warmer climates.

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