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23603 Palomino Drive, Diamond Bar, California 91765, Diamond Bar, 91765 - 3 bed, 2 bath

23603 Palomino Drive, Diamond Bar, California 91765 home-pic-0
ACTIVE$980,000$1,925/sqft
Est. Value: $528,829
-46%
AboveEstimate
23603 Palomino Drive, Diamond Bar, California 91765
3Beds
2Baths
1,925Sqft
10,792Lot

Price Vs. Estimate

The estimated value ($528,829.425) is $451,170.575 (46%) lower than the list price ($980,000). 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 = 10792, living area = 1925.
Top Cons:
Significant Price Discrepancy: The listing price of $980,000 is considerably higher than the estimated property value of $528,829, suggesting a potential overvaluation that could deter buyers or prolong market time.

Compared to the nearby listings

Price:$980.0K vs avg $1.15M ($-170,450)28%
Size:1,925 sqft vs avg 2,026 sqft45%
Price/sqft:$509 vs avg $54630%

More Insights

Built in 1961 (65 years old).
Condition: Despite being built in 1961, this property has undergone extensive and recent renovations, aligning with 'Excellent' criteria for a fully renovated home. The description highlights a 'beautifully upgraded' master bathroom with modern tile walls and flooring (confirmed by images), an 'open-concept kitchen with a stylish quartz island' and 'upgraded kitchen backsplash', new vinyl flooring throughout, fresh interior and exterior paint, dual-pane windows, and recessed lighting. These updates indicate that all visible and key functional components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1961
Close
-
List price
$980K
Original List price
$980K
Price/Sqft
$509
HOA
-
Days on market
-
Sold On
-
MLS number
WS25008577
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Welcome to this charming single-story home located in the desirable City of Diamond Bar. Set on an expansive 10,792-square-foot lot, this residence perfectly combines comfort, style, and convenience. Boasting 3 bedrooms and 2 bathrooms, the home greets you with an impressive double-door entrance. Inside, you’ll find a seamless flow from the living room to an adjacent dining area, leading to an open-concept kitchen with a stylish quartz island, ideal for cooking and entertaining. The family room features a cozy fireplace, creating a warm and inviting ambiance. The upgraded kitchen backsplash adds a touch of sophistication, while dual-pane windows and recessed lighting enhance energy efficiency and brightness throughout. New vinyl flooring offers durability and elegance, complemented by fresh interior and exterior paint. The master bathroom has been beautifully upgraded with tile walls and tile flooring, adding a touch of luxury to your daily routine. The garage includes epoxy flooring for added functionality and style, and a bonus room provides versatility, perfect for an entertainment area or home office. Situated close to supermarkets, shopping centers, restaurants, and major freeways including the 57 and 60, this home offers a prime location. Meticulously maintained, this property is a rare find and an exceptional opportunity to enjoy the Diamond Bar lifestyle. Make this dream home yours today!

Y
YUE YAO
Listing Agent
Condition Rating
Excellent
Despite being built in 1961, this property has undergone extensive and recent renovations, aligning with 'Excellent' criteria for a fully renovated home. The description highlights a 'beautifully upgraded' master bathroom with modern tile walls and flooring (confirmed by images), an 'open-concept kitchen with a stylish quartz island' and 'upgraded kitchen backsplash', new vinyl flooring throughout, fresh interior and exterior paint, dual-pane windows, and recessed lighting. These updates indicate that all visible and key functional components are new or virtually new, meeting current quality standards with no deferred maintenance.
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 = 10792, living area = 1925.
Extensive Modern Upgrades: The property boasts significant recent renovations including new vinyl flooring, fresh interior/exterior paint, an open-concept kitchen with quartz island, upgraded master bathroom, dual-pane windows, and recessed lighting, making it move-in ready.
Versatile Bonus Room: A dedicated bonus room offers excellent flexibility for a home office, entertainment area, or other custom uses, enhancing the home's functionality and appeal.
Desirable Diamond Bar Location: Situated in a sought-after city with convenient access to major freeways (57 & 60), shopping centers, supermarkets, and restaurants, enhancing daily convenience.
Expansive Lot Size: The generous 10,792 sq ft lot provides ample outdoor space, offering potential for landscaping, gardening, or future expansion possibilities.
Single-Story Accessibility: The single-story layout offers broad appeal, providing ease of access and convenience for all ages and lifestyles.

Cons

Significant Price Discrepancy: The listing price of $980,000 is considerably higher than the estimated property value of $528,829, suggesting a potential overvaluation that could deter buyers or prolong market time.
Age of Core Systems (Implied): While cosmetically updated, the 1961 build year suggests that core systems like plumbing, electrical, and potentially the roof might be original or older, potentially leading to future maintenance costs.
Absence of Central Air Conditioning (Implied): The description highlights dual-pane windows for energy efficiency but does not mention a central cooling system, which could be a significant drawback in California's climate and a potential added expense for buyers.
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