36569 Olea Court, Beaumont, California 92223, Beaumont, 92223 - 5 bed, 3 bath

36569 Olea Court, Beaumont, California 92223 home-pic-0
ACTIVE$750,000
36569 Olea Court, Beaumont, California 92223
5Beds
3Baths
3,266Sqft
12,632Lot

Price Vs. Estimate

The estimated value ($690,262.625) is $59,737.375 (7%) lower than the list price ($750,000). This property may be overpriced.

Key pros and cons

Top Pros:
Generous Lot Size & RV Parking: The property boasts a massive 11,761 sq. ft. cul-de-sac lot, offering ample space for a pool and other backyard amenities, along with dedicated room for RV parking.
Top Cons:
Undeveloped Backyard: While large, the backyard is currently a blank canvas, implying significant additional investment will be required for landscaping, a pool, or other desired outdoor amenities.

Compared to the nearby listings

Price:$750.0K vs avg $537.0K (+$213,000)96%
Size:3,266 sqft vs avg 2,044.5 sqft95%
Price/sqft:$230 vs avg $26224%

More Insights

Built in 2019 (6 years old).
Condition: This property was built in 2019, making it only 5 years old, which falls well within the 'newly built' criteria for an excellent rating. The images confirm a modern aesthetic throughout, featuring a contemporary kitchen with granite countertops, dark cabinetry, and stainless steel appliances. Bathrooms are updated with dual vanities, a walk-in shower, and a separate soaking tub. The home boasts modern wood-look laminate flooring, recessed lighting, energy-efficient appliances, and a tankless water heater. The overall condition is virtually new with no visible deferred maintenance, aligning perfectly with current quality standards.
Year Built
2019
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$230
HOA
$137
Days on market
-
Sold On
-
MLS number
IG25114993
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

This cul-de-sac home won't last long! Perfect location in the Olivewood Community of Beaumont that features a massive lot of 11,761 sq. ft. that includes a 3 car garage and a huge backyard that can fit a pool and other backyard amenities. One side of the house was made as a dog rub and the other side has enough room for RV parking. The home includes solar with no lease or payments. A full bedroom & bathroom downstairs and an office. The kitchen has an open floorplan with granite countertops, a dual bowl sink and a walk in pantry. Laundry room is located upstairs where you will find a spacious master bedroom with a double vanity in bathroom, walk in shower, walk in closet, separate linen closet, and a large bonus room off the landing near the stairs. This home also has energy efficient appliances, tankless water heater and so much more. You wont want to miss out on.

Nearby schools

7/10
Tournament Hills Elementary School
Public,K-51.3mi
6/10
Three Rings Ranch Elementary School
Public,K-52.6mi
5/10
Mountain View Middle School
Public,6-83.2mi
5/10
Beaumont Senior High School
Public,9-123.7mi
Condition Rating
Excellent

This property was built in 2019, making it only 5 years old, which falls well within the 'newly built' criteria for an excellent rating. The images confirm a modern aesthetic throughout, featuring a contemporary kitchen with granite countertops, dark cabinetry, and stainless steel appliances. Bathrooms are updated with dual vanities, a walk-in shower, and a separate soaking tub. The home boasts modern wood-look laminate flooring, recessed lighting, energy-efficient appliances, and a tankless water heater. The overall condition is virtually new with no visible deferred maintenance, aligning perfectly with current quality standards.
Pros & Cons

Pros

Generous Lot Size & RV Parking: The property boasts a massive 11,761 sq. ft. cul-de-sac lot, offering ample space for a pool and other backyard amenities, along with dedicated room for RV parking.
Owned Solar System: Includes a fully owned solar system with no lease or payments, providing significant long-term energy cost savings and environmental benefits.
Modern Construction & Energy Efficiency: Built in 2019, the home features modern construction with energy-efficient appliances and a tankless water heater, contributing to lower utility costs.
Functional Layout with Downstairs Suite: The interior offers a highly desirable layout with a full bedroom and bathroom downstairs, plus a dedicated office, ideal for multi-generational living or a convenient workspace.
Spacious Master Suite & Bonus Room: The upstairs includes a spacious master bedroom with a double vanity, walk-in shower, and walk-in closet, complemented by a large, versatile bonus room.

Cons

Undeveloped Backyard: While large, the backyard is currently a blank canvas, implying significant additional investment will be required for landscaping, a pool, or other desired outdoor amenities.
Potential Overpricing: The listing price of $750,000 is notably higher than the estimated property value of $690,262.625 and exceeds the sold prices of several comparable properties in the same community, suggesting it may be priced above current market expectations.
Ongoing Association Fees: The property is subject to a monthly association fee of $137, which represents an ongoing cost for the homeowner, despite the community amenities offered.

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