3004 N Rippling Creek, Orange, California 92865, Orange, 92865 - 4 bed, 3 bath
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Orange, California 92865
This Multigenerational Income Property is a Prime Investment Opportunity, listed at $1,149,999—positioned well below the $1,180,471 Fair Market Value by 2%. This valuation gap offers $30,472 in Instant Equity. Featuring a remodeled kitchen, two primary suites, and a 7,000-square-foot lot, the home maintains a Condition Rating of 2. Its flexible floor plan and rental potential make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking supplemental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3004 N Rippling Creek Subject | $1,149,999* List Price | 4 | 3 | 1,618 | $730 | - |
A 709 E Meadowbrook Avenue Sold | $1,220,000 | 4 | 2 | 1,689 | $722 | 0.5 mi |
B 3158 N Beechwood Street Sold | $1,250,000 | 4 | 2 | 1,662 | $752 | 0.4 mi |
C 3180 N Hartman Sold | $1,365,000 | 4 | 3 | 2,041 | $669 | 0.3 mi |
D 1131 E St. James Sold | $1,180,000 | 4 | 2 | 1,734 | $681 | 0.7 mi |
E 1547 E San Alto Sold | $1,310,000 | 4 | 2 | 1,606 | $816 | 0.8 mi |
F 130 W Crystal View Avenue Sold | $1,150,000 | 4 | 2 | 1,897 | $606 | 0.4 mi |
G 608 W Brentwood Sold | $1,075,000 | 4 | 2 | 1,566 | $686 | 0.7 mi |
H 531 W Brentwood Sold | $1,205,000 | 3 | 2 | 1,411 | $854 | 0.6 mi |
I 3133 N Driftwood Street Active Under Contract | $1,149,000 List Price | 3 | 2 | 1,549 | $742 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel (likely within the last 1-3 years) as evidenced by the modern kitchen with quartz countertops and stainless appliances, fully updated bathrooms with contemporary tile and glass enclosures, and new hardwood/LVP flooring throughout. Despite the 1975 build date, the interior is in mint condition with updated systems like central HVAC, meeting the criteria for a high-end renovation.
The unique floor plan includes two primary suites and separate exterior entrances for two bedrooms, providing exceptional flexibility for rental income or extended family living.
The home features a high-end remodeled kitchen with quartz countertops and a massive island, complemented by vaulted ceilings, hardwood flooring, and fully updated bathrooms.
Situated on a 7,000-square-foot flat lot, the property offers a large backyard with a covered patio and ample space to add an ADU, pool, or home expansion.
At 1,618 square feet for a four-bedroom, three-bathroom home, individual room sizes or common living areas may feel somewhat compact.
While the home is beautifully remodeled, the 1975 construction year may mean some underlying systems or insulation standards are dated compared to newer builds.
Welcome to 3004 N Rippling Creek Drive, a beautifully remodeled single-level ranch home offering exceptional flexibility, impressive indoor-outdoor living, and a prime location in Orange. The thoughtfully designed four-bedroom floor plan includes two spacious primary suites, making the home ideal for multigenerational living, extended family, guests, private offices, or potential supplemental rental income. Two bedrooms feature separate exterior entrances, providing added privacy and versatility. Based on current room-rental demand, each may have the potential to generate approximately $2,000 per month, offering buyers an opportunity to offset a meaningful portion of their housing expense. The remodeled kitchen is the heart of the home, featuring quartz countertops, stainless steel appliances, recessed lighting, and a massive island with ample room for dining, meal preparation, and entertaining. Vaulted ceilings, hardwood flooring, ceiling fans in every bedroom, and abundant natural light create a warm and inviting atmosphere throughout. A wall of windows offers a sweeping, nearly 180-degree view of the expansive backyard and creates a seamless connection between the main living areas and outdoor spaces. The completely remodeled bathrooms feature stylish finishes, tiled glass-enclosed showers, and built-in seating benches. Situated on an approximately 7,000-square-foot lot, the large, flat backyard includes a rear covered patio, generous lawn and garden areas, and a soothing water fountain. There is ample space to create a private outdoor retreat and explore the addition of a pool, home expansion, or an ADU. Additional highlights include central heating and air conditioning, ample closet space, an expansive driveway, a covered front porch, and the ease of true single-level living. Conveniently located near shopping, dining, schools, parks, major freeways, Old Towne Orange, and the Historic Plaza, this home offers a rare combination of location, lifestyle, flexibility, and long-term value. Whether you are searching for a comfortable primary residence, a multigenerational home, or a property with meaningful income and expansion potential, 3004 N Rippling Creek Drive is an opportunity you will not want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,618 | 1,811.5 |
| Lot Size | 7,000 | 7,259 |
| Price | $1.15M | $1.32M |
| Price per sq ft | $711 | $683 |
| Built year | 1975 | 1963 |
| HOA | $0 | $150 |
| Days on market | 6 | 44 |
Jul 16, 2026
$1,149,999
Initial Listing
May 2, 2023
$920,000
Public Record
Apr 22, 1997
$207,000
Public Record