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240 S Orange Acres, Anaheim, California 92807, Anaheim, 92807 - 4 bed, 5 bath

240 S Orange Acres, Anaheim, California 92807 home-pic-0
ACTIVE UNDER CONTRACT$3,150,000
240 S Orange Acres, Anaheim, California 92807
4Beds
5Baths
4,159Sqft
47,916Lot
Year Built
1965
Close
-
List price
$3.15M
Original List price
$3.15M
Price/Sqft
$757
HOA
-
Days on market
-
Sold On
-
MLS number
PW25275002
Home ConditionPoor
Features
Good View: City Lights, Hills
ViewCity Lights,Hills

About this home

We found 4 Cons,6 Pros. Rank: price - $3.15M(97th), sqft - 4159(97th), beds - 4(50th), baths - 5(97th).

Discover a rare opportunity to own a home in the coveted heart of Peralta Hills, where properties seldom reach the market. Situated on approximately one acre, this estate offers exceptional potential and ample space—ideal for adding a tennis court, lush gardens, or additional outdoor amenities. The main residence spans over 4,100 sq. ft. and features four spacious bedrooms and four-and-a-half baths. In addition, a separate ADU provides flexibility for guests, extended family, or rental income. With thoughtful renovation, this property has the potential to become a truly remarkable estate and a strong long-term investment. Don’t miss the chance to create your dream home in one of Peralta Hills’ most sought-after neighborhoods.

Price History

Date
Event
Price
12/11/25
Listing
$3,150,000
10/27/15
Sold
$1,515,000
02/07/14
Sold
$1,425,000
Condition Rating
Poor
Built in 1965, this property is 59 years old. The listing description explicitly states it requires 'thoughtful renovation' and 'substantial updates and investment' to reach its full potential, indicating that it is far from move-in ready. The property likely features outdated systems, finishes, and layouts, particularly in key areas like the kitchen and bathrooms, which would necessitate extensive modernization. While the structure appears sound from the single exterior image, the lack of interior photos and the agent's own assessment of its renovation needs strongly suggest a condition that requires significant rehabilitation beyond minor updates.
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 = 47916, living area = 4159.
Prime & Exclusive Location: Situated in the coveted Peralta Hills, a highly sought-after neighborhood where properties rarely become available, indicating strong demand and exclusivity.
Expansive Lot Size: Approximately one acre (47,916 sqft) provides significant space for customization, potential additions like a tennis court, lush gardens, or other outdoor amenities.
Spacious Main Residence: The main home spans over 4,100 sq. ft. with 4 bedrooms and 5 bathrooms, offering substantial living space for a large family or entertaining.
Income-Generating/Flexible ADU: A separate Accessory Dwelling Unit (ADU) provides valuable flexibility for guests, extended family, or potential rental income, enhancing the property's utility and value.
Desirable Views & Investment Potential: The property boasts attractive city lights and hill views, combined with its location and size, it presents a strong long-term investment opportunity.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =47916, other record lot size in square feet = 43864.
Requires Significant Renovation: The description implies the property needs 'thoughtful renovation' to reach its full potential, suggesting substantial updates and investment may be required.
Older Construction: Built in 1965, the property may feature outdated systems, finishes, or layouts that will likely require modernization to meet contemporary buyer expectations.
Active Under Contract Status: The property is currently 'Active Under Contract,' which means it is likely unavailable for new offers and limits immediate purchasing opportunities for interested buyers.

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