3030 E Elgin Place, Orange, California 92869, Orange, 92869 - 3 bed, 3 bath
3030 E Elgin Place
Orange, California 92869
Property Price
SUMMARY
Analysis of 3030 E Elgin Place, Orange, California 92869 reveals a Prime Investment Opportunity with a current list price of $1,710,000—significantly undercutting the $1,811,430 Fair Market Value by 5%. This valuation gap indicates a +$101,430 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Orange Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3030 E Elgin Place Subject | $1,710,000* List Price | 3 | 3 | 3,254 | $557 | - |
A 398 S Wrightwood Sold | $1,511,250 | 4 | 5 | 2,933 | $515 | 0.7 mi |
B 308 S Craig Sold | $1,565,000 | 4 | 3 | 2,624 | $596 | 0.3 mi |
C 700 S Yorba Sold | $1,315,000 | 4 | 3 | 2,638 | $498 | 0.4 mi |
D 3123 E La Veta Avenue Sold | $1,399,000 | 4 | 3 | 2,433 | $575 | 0.1 mi |
E 760 S Loretta Drive Sold | $1,426,000 | 4 | 3 | 2,214 | $644 | 0.4 mi |
F 821 S Fairmont Way Pending | $1,374,999 List Price | 4 | 3 | 2,632 | $522 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1962, the property has undergone an extensive and meticulous high-end renovation. It features a gourmet kitchen with premium Sub-Zero, Thermador, and Dacor appliances, designer cabinetry, and a mix of marble, porcelain, and oak flooring. The bathrooms are spa-inspired and fully redesigned, and the exterior includes a newly renovated pool and solar power, meeting the criteria for a fully updated, like-new condition.
PROSSTRENGTHS & OPPORTUNITIES
- Gourmet Chef's Kitchen
The kitchen is a premier highlight featuring high-end Sub-Zero, Thermador, and Dacor appliances, custom cabinetry, and designer finishes, catering to the most discerning culinary enthusiasts.
- Resort-Style Outdoor Living
The private backyard oasis includes a newly renovated pool and spa, custom accent lighting, and a fully equipped outdoor entertaining area with a granite bar and stainless-steel BBQ.
- Modern Efficiency and Luxury
This solar-powered residence offers a sophisticated blend of sustainability and elegance, featuring premium marble and oak flooring, a library, and meticulous upgrades throughout its 3,254 square feet.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Limited Bedroom Count
Despite the substantial square footage, the home only provides three dedicated bedrooms, which may be a drawback for larger families seeking more traditional sleeping quarters.
- Pricing History and Market Positioning
The property has undergone multiple price reductions since its initial listing, suggesting that the original valuation was not aligned with buyer expectations or current market conditions.
About 3030 E Elgin Place
Nestled in the coveted North Gainsborough neighborhood, this stunning solar-powered residence offers an exceptional blend of luxury, comfort, and timeless design. Spanning 3,254 square feet, the home features 3 bedrooms plus a bonus room, a library, and 2.5 bathrooms, all meticulously upgraded with uncompromising attention to detail. From the moment you arrive, the home’s spectacular curb appeal sets the tone. Impressive double front doors open to a bright, open-concept layout that feels airy, sophisticated, and effortlessly inviting. Abundant natural light highlights the elegant combination of marble, porcelain, and oak wood flooring throughout. The living room is anchored by a custom statement fireplace and offers serene views of the resort-style pool and spa, creating a seamless indoor-outdoor connection. The gourmet kitchen is a true showstopper, featuring Sub-Zero refrigeration, a Thermador range, Dacor oven and warming drawer, custom cabinetry, designer countertops, and a striking backsplash—perfect for both entertaining and everyday living. The formal dining room makes a bold impression with exquisite stained-glass windows, adding character and timeless elegance. The primary suite is a private sanctuary, filled with natural light and overlooking the pool. Its spa-inspired ensuite boasts a beautifully designed walk-in shower with refined, modern finishes. Additional bedrooms are generously sized with ample closet space, and each bathroom has been thoughtfully redesigned to reflect the same elevated aesthetic found throughout the home. Step outside to a private backyard oasis featuring a newly renovated pool and spa, custom accent lighting, and an expansive patio ideal for entertaining or relaxing. The home also includes a stainless-steel BBQ, teak dining table, and granite bar, making outdoor living effortless. Conveniently located near top schools, shopping, dining, and major freeways, and just a short drive to Irvine, Newport Beach, and Orange County’s stunning coastline, this extraordinary home presents a rare opportunity to own a truly special property in one of the area’s most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 9,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 32% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,254 | 2,174.5 | 89% |
| Lot Size | 9,000 | 8,000 | 66% |
| Price | $1.71M | $1.31M | 83% |
| Price per sq ft | $526 | $637 | 17% |
| Built year | 1962 | 1971 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 164 | 6% |
Pricing History
Listed for Sale
Feb 13, 2026
$1,710,000
$1,857,000
-8% Price Drop
Initial Listing
Price Change
Jan 27, 2026
$1,857,000
$1,899,000
-2% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$1,899,000
Initial Listing
Sold
Jun 14, 1996
$343,500
Public Record