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23675 Bower Cascade Place, Diamond Bar, California 91765, Diamond Bar, 91765 - 4 bed, 3 bath

23675 Bower Cascade Place, Diamond Bar, California 91765 home-pic-0
ACTIVE$1,299,000
23675 Bower Cascade Place, Diamond Bar, California 91765
4Beds
3Baths
3,044Sqft
11,479Lot

Price Vs. Estimate

The estimated value ($720,314.505) is $578,685.495 (44%) lower than the list price ($1,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Recent Upgrades: All major systems including plumbing, electrical panel, water heater, roof, Solar panels, and AC units are new, significantly reducing immediate maintenance concerns for a buyer.
Top Cons:
Significant Price Discrepancy: The current list price of $1,299,000 is substantially higher than the estimated property value of $720,314, indicating a potential overvaluation that may deter prospective buyers.

Compared to the nearby listings

Price:$1.30M vs avg $1.15M (+$147,775)65%
Size:3,044 sqft vs avg 2,026 sqft85%
Price/sqft:$427 vs avg $55611%

More Insights

Built in 1965 (60 years old).
Condition: Despite being built in 1965, this property has undergone extensive and recent renovations. The listing explicitly states that major systems including plumbing, electrical panel, water heater, roof, solar panels, and AC units are 'ALL NEW'. The images confirm a beautifully updated custom kitchen with modern white shaker-style cabinets, granite countertops, stainless steel appliances, and recessed lighting. The bathrooms also appear recently renovated with modern vanities, fixtures, and tiling. The overall interior features modern flooring, recessed lighting, and fresh paint, indicating a move-in ready condition with virtually new components and no deferred maintenance, aligning with the 'excellent' criteria for extensive recent renovation.
Year Built
1965
Close
-
List price
$1.3M
Original List price
$1.45M
Price/Sqft
$427
HOA
$40
Days on market
-
Sold On
-
MLS number
IG24206066
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods
Deck
Patio
ViewCity Lights,Hills,Mountain(s),Neighborhood,Panoramic,Trees/Woods

About this home

Just Reduced Price! Seller very Motivated! Welcome to this beautiful home with breathtaking views and privacy. It comes with over 3,000 square feet, 4 Bedrooms & 3 baths. Living Room High ceilings adorned by hanging crystal chandeliers, recess lighting, and a surround sound system, and enlarged windows providing plenty of natural light. Lovely Family Room with a wet bar and French doors that gives a bright and airy feeling while facing the luscious backyard. Beautiful custom kitchen with granite counters, plenty of cabinetry, and plenty of ceiling lights. The home has a bonus room downstairs and a great area for a quiet office space. Staircase to the upper floor is made of wrought Iron Railings. Upper floor has 4 Bedrooms with a fresh paint. Balcony area lets you enjoy the bright sunsets! The home also comes with enhanced plumbing, electrical panel, water heater, , roof, Solar panels, and AC units, ALL NEW. A spacious 3 Car attached garage with additional RV Parking for the toys. Conveniently located near the 57 & 60 freeways, and a short distance to schools. Enjoy the convenience of a relaxing Clubhouse Diamond Point Club, offering an array of amenities such as tennis courts, barbecue area, 2 swimming pools, all year long. ADU CITY PLANS APPROVED FOR MORE LIVING SPACE.

Nearby schools

5/10
Diamond Point Elementary School
Public,•PK-6•0.5mi
5/10
Lorbeer Middle School
Public,•7-8•0.3mi
7/10
Diamond Ranch High School
Public,•9-12•1.9mi
Condition Rating
Excellent
Despite being built in 1965, this property has undergone extensive and recent renovations. The listing explicitly states that major systems including plumbing, electrical panel, water heater, roof, solar panels, and AC units are 'ALL NEW'. The images confirm a beautifully updated custom kitchen with modern white shaker-style cabinets, granite countertops, stainless steel appliances, and recessed lighting. The bathrooms also appear recently renovated with modern vanities, fixtures, and tiling. The overall interior features modern flooring, recessed lighting, and fresh paint, indicating a move-in ready condition with virtually new components and no deferred maintenance, aligning with the 'excellent' criteria for extensive recent renovation.
Pros & Cons

Pros

Extensive Recent Upgrades: All major systems including plumbing, electrical panel, water heater, roof, Solar panels, and AC units are new, significantly reducing immediate maintenance concerns for a buyer.
Panoramic Views & Privacy: The property offers breathtaking panoramic views of city lights, hills, and mountains, complemented by a balcony for enjoying sunsets and a sense of privacy.
Spacious & Versatile Living Areas: With over 3,000 square feet, the home features high ceilings, a family room with a wet bar, and a bonus room suitable for an office, providing ample and flexible living space.
ADU Potential & Ample Parking: Approved ADU city plans offer significant potential for additional living space or rental income, alongside a spacious 3-car attached garage and RV parking.
Desirable Community Amenities & Location: Access to the Diamond Point Club with tennis courts, barbecue area, and two swimming pools, combined with convenient proximity to the 57 & 60 freeways and schools, enhances lifestyle and accessibility.

Cons

Significant Price Discrepancy: The current list price of $1,299,000 is substantially higher than the estimated property value of $720,314, indicating a potential overvaluation that may deter prospective buyers.
Extended Market Time & Price Reductions: The property has undergone a significant price reduction from its original $1,450,000, coupled with the seller's stated motivation, suggesting challenges in attracting offers at previous price points.
Older Construction Aesthetics: Despite recent system upgrades, the 1965 build year means the property's overall design or certain aesthetic elements may not align with modern buyer preferences, potentially requiring further cosmetic updates.

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