231 Platte Way, Placentia, California 92870, Placentia, 92870 - 5 bed, 3 bath
Loading property details...
Placentia, California 92870
This 5-bedroom Single Family Residence represents a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,174,572 Fair Market Value by 2%. This valuation gap offers $24,572 in Instant Equity. Featuring a Condition Rating of 3, the home includes a renovated Granite Kitchen and a spacious Corner Lot. Located in the prestigious Placentia-Yorba Linda Unified School District, this property balances long-term appreciation with family-oriented lifestyle perks. It is an ideal acquisition for Owner-Occupants seeking school district stability or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 231 Platte Way Subject | $1,150,000* List Price | 5 | 3 | 1,768 | $664 | - |
A 1513 Glenn Sold | $1,224,000 | 4 | 3 | 1,951 | $627 | 0.5 mi |
B 1500 Collins Sold | $1,200,000 | 4 | 3 | 1,951 | $615 | 0.4 mi |
C 109 Laurelwood Ave Sold | $1,175,000 | 4 | 3 | 1,872 | $628 | 0.4 mi |
D 1714 Kingston Sold | $1,320,000 | 4 | 2 | 1,789 | $738 | 0.2 mi |
E 1708 Canard Sold | $1,161,000 | 4 | 2 | 1,570 | $739 | 0.4 mi |
F 324 Rio Grande Ave Sold | $1,060,000 | 3 | 2 | 1,500 | $707 | 0.2 mi |
G 518 Sheree Sold | $1,080,000 | 4 | 2 | 1,687 | $640 | 0.8 mi |
H 1125 Dover Way Sold | $1,360,000 | 4 | 3 | 1,789 | $760 | 0.5 mi |
I 1545 La Salle Circle Active | $999,900 List Price | 5 | 3 | 2,050 | $488 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1966, the home has been well-maintained and features a renovated kitchen with granite countertops and stainless steel appliances, likely updated within the last 10-15 years. The bathrooms show similar updates, and the overall condition is move-in ready, though some dated elements like popcorn ceilings remain.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8050, living area = 1768.
Situated in the highly-rated Placentia-Yorba Linda Unified School District, this home offers significant long-term value and appeal for families seeking top-tier education.
The property features a desirable corner lot and a rare three-car garage, providing ample outdoor space and superior storage or workshop potential compared to standard neighborhood offerings.
At 1,768 square feet for five bedrooms, the interior layout may feel congested, with smaller individual room sizes and limited common living space for a home of this capacity.
Built in 1966 and described as 'maintained' rather than 'remodeled,' the property likely requires additional investment to update cosmetic finishes and systems to meet contemporary buyer expectations.
Welcome to the Trophy of the Neighborhood: this amazing 5-bedroom, 2.5-bathroom home, ideally situated on a desirable corner lot in one of Placentia's most sought-after neighborhoods. Combining timeless curb appeal with spacious living, this beautifully maintained residence offers comfort, functionality, and an exceptional location. The landscaped front yard creates a warm first impression, while the thoughtfully designed floor plan provides generous living spaces perfect for both everyday living and entertaining. With five well appointed bedrooms and 2.5 bathrooms, there's plenty of room for family, friends, guests, or a home office. Step outside to enjoy the private backyard, featuring a covered patio that's ideal for outdoor dining, relaxing, or hosting gatherings year-round. The expansive three-car garage provides ample space for vehicles, storage, or a workshop. Located within the highly regarded Placentia-Yorba Linda Unified School District, this home offers access to award-winning schools and is conveniently close to parks, shopping, dining, and major commuter routes. Don't miss this exceptional opportunity to own a magnificent home that perfectly blends space, style, and location in the heart of Placentia!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,768 | 2,065 |
| Lot Size | 8,050 | 7,000 |
| Price | $1.15M | $1.24M |
| Price per sq ft | $650 | $613 |
| Built year | 1966 | 1971 |
| HOA | $0 | $214 |
| Days on market | 14 | 41 |
Jul 8, 2026
$1,150,000
Initial Listing