2309 Spinnaker, Santa Ana, California 92706, Santa Ana, 92706 - 4 bed, 2 bath

2309 Spinnaker, Santa Ana, California 92706 home-pic-0
ACTIVE$924,950$1,309/sqft
Est. Value: $758,042
-18%
AboveEstimate
2309 Spinnaker, Santa Ana, California 92706
4Beds
2Baths
1,309Sqft
7,590Lot

Price Vs. Estimate

The estimated value ($758,042.255) is $166,907.745 (18%) lower than the list price ($924,950). 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 = 7590, living area = 1309.
Top Cons:
Older Construction & Potential for System Updates: Built in 1955, the property may require further updates to original systems (e.g., plumbing, electrical) or interior finishes beyond the noted improvements.

Compared to the nearby listings

Price:$925.0K vs avg $1.20M ($-275,050)15%
Size:1,309 sqft vs avg 1,729 sqft11%
Price/sqft:$707 vs avg $69258%

More Insights

Built in 1955 (71 years old).
Condition: Built in 1955, this property has received some exterior updates like a new roof (2018) and dual-pane windows. However, there are no interior images or descriptions of renovations to the kitchen, bathrooms, flooring, or major systems like electrical and plumbing. For a home of this age, the absence of such details strongly suggests that the interior, particularly the kitchen and bathrooms, are significantly outdated and would require substantial rehabilitation to meet modern standards and functionality. While the exterior shows some maintenance, the interior is likely in a condition that necessitates major updates and repairs.
Year Built
1955
Close
-
List price
$925K
Original List price
$925K
Price/Sqft
$707
HOA
-
Days on market
-
Sold On
-
MLS number
PW26011513
Home ConditionPoor
Features
Patio
View-

About this home

Rarely available north Santa Ana single story four bedroom two bath single family home (~1300 square feet per tax assessor). Large cul-de-sac lot (7590 square feet per tax assessor) ideal for future Accessory Dwelling Unit (ADU). Buyer, or buyer's agent, to verify/confirm ADU possibilities with the City of Santa Ana. Upgrades/amenities include permitted composition shingle roof (2018), dual pane windows, two car attached garage with sectional garage door, block wall fencing and covered patio. Conveniently and central located near schools, shopping and major freeways.

J
James Meagher
Listing Agent
Condition Rating
Poor

Built in 1955, this property has received some exterior updates like a new roof (2018) and dual-pane windows. However, there are no interior images or descriptions of renovations to the kitchen, bathrooms, flooring, or major systems like electrical and plumbing. For a home of this age, the absence of such details strongly suggests that the interior, particularly the kitchen and bathrooms, are significantly outdated and would require substantial rehabilitation to meet modern standards and functionality. While the exterior shows some maintenance, the interior is likely in a condition that necessitates major updates and repairs.
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 = 7590, living area = 1309.
ADU Potential & Large Lot: The generous 7,590 sqft cul-de-sac lot offers significant potential for an Accessory Dwelling Unit (ADU), providing future income or expanded living space.
Recent Major System Upgrades: Key components like the permitted composition shingle roof (2018) and dual-pane windows have been recently updated, reducing immediate capital expenditures for a new owner.
Desirable Single-Story Layout: A 4-bedroom, 2-bathroom single-story floor plan is highly sought after for its accessibility and functional living, appealing to a broad range of buyers.
Central & Convenient Location: Strategically located near schools, shopping, and major freeways, offering excellent accessibility and convenience for daily commutes and amenities.
Cul-de-Sac Privacy & Safety: Positioned on a cul-de-sac, the property benefits from reduced traffic, enhanced safety, and a quieter residential environment.

Cons

Older Construction & Potential for System Updates: Built in 1955, the property may require further updates to original systems (e.g., plumbing, electrical) or interior finishes beyond the noted improvements.
Lack of Specific Views: The property does not offer any notable views, which could be a disadvantage compared to homes with scenic outlooks.
Compact Living Space for Bedroom Count: With 1,309 sqft for four bedrooms, the interior living areas or individual bedrooms may feel compact for some buyers seeking more expansive space.
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