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3821 Potrero, Fullerton, California 92835, Fullerton, 92835 - 3 bed, 2 bath

3821 Potrero, Fullerton, California 92835 home-pic-0
ACTIVE$2,399,000
3821 Potrero, Fullerton, California 92835
3Beds
2Baths
2,628Sqft
46,334Lot

Price Vs. Estimate

The estimated value ($2,302,095.535) is $96,904.465 (4%) lower than the list price ($2,399,000). This property may be overpriced.

Key pros and cons

Top 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 = 46334, living area = 2628.
Top Cons:
Age and Implied Renovation Needs: Built in 1957, the home is described as 'bursting with potential,' indicating that while systems like HVAC are updated, the interior likely requires significant modernization and renovation to meet contemporary tastes.

Compared to the nearby listings

Price:$2.40M vs avg $1.35M (+$1,048,912)92%
Size:2,628 sqft vs avg 2,167 sqft73%
Price/sqft:$913 vs avg $63695%

More Insights

Built in 1957 (68 years old).
Condition: Built in 1957, this property has seen some significant updates to major systems like a new HVAC and a paid-off solar system, and a recently remodeled saltwater pool. However, the interior, particularly the kitchen and bathrooms, are significantly dated. The kitchen features traditional wood cabinets, dark countertops, and an older style island. The bathroom is very outdated with tile countertops, colored drop-in sinks, and traditional fixtures. While functional, these areas would require substantial renovation to meet contemporary tastes, aligning with the 'Fair' condition criteria.
Year Built
1957
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$913
HOA
-
Days on market
-
Sold On
-
MLS number
PW25251892
Home ConditionFair
Features
Pool
Patio
View-

About this home

This Horse Property is truly a Rare Find in Fullerton! With a lot size of 46,334. sq.ft. Lot with a salt water pool on a Cul-de-sac! Every horse lover dreams! This home is in the highly desirable Sunny Hills Neighborhood, tucked away on Potrero Drive with 2,628 sq. ft. of living space, (3) car garage, (3) bedrooms, bursting with potential to become your dream home. Enter the house to the spacious living room through double entry doors: a couple steps down you enter the heart of the home with a beautiful rock fireplace in the family room, with the Kitchen and dining rooms open to the family room.The Primary Bedroom has a ensuite bathroom and wonderful fireplace for warmth & ambience. This home also offers these great amenities: Water Softener system. Solar System with over 50 panels (completely paid off), & HVAC System with Dual Zones (only a few years old). This house has many doors that lead to the outdoors throughout the house. When you walk outside to the expensive backyard with a beautiful recently remodeled saltwater pool, large yard and lots of room for outdoor entertaining with the built in BBQ kitchen! But that’s not all, take a walk down a separate driveway to the Barn and stables. The Barn has water & electricity with potential to remodel to a ADU. There are covered corrals with lighting for your horses and a large Arena for riding and training. Equestrian Center, Laguna Lake & The Fullerton Loop near by horse trails. With this lot size the potential for this property is endless. So come make this house your own secluded getaway and live the lifestyle you have always dreamed of here on Potrero Drive.

Price History

Date
Event
Price
04/28/00
Sold
$417,000
07/29/94
Sold
$429,000
Condition Rating
Fair
Built in 1957, this property has seen some significant updates to major systems like a new HVAC and a paid-off solar system, and a recently remodeled saltwater pool. However, the interior, particularly the kitchen and bathrooms, are significantly dated. The kitchen features traditional wood cabinets, dark countertops, and an older style island. The bathroom is very outdated with tile countertops, colored drop-in sinks, and traditional fixtures. While functional, these areas would require substantial renovation to meet contemporary tastes, aligning with the 'Fair' condition criteria.
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 = 46334, living area = 2628.
Exceptional Equestrian Facilities: This property is a rare find, featuring a dedicated barn with water and electricity, covered corrals with lighting, and a large riding arena, complemented by nearby horse trails and equestrian centers.
Expansive Lot & Outdoor Living: Boasting a substantial 46,334 sq. ft. lot, the property offers a recently remodeled saltwater pool, a built-in BBQ kitchen, and vast space for outdoor entertaining and relaxation.
Significant Energy Efficiency & Modern Systems: Equipped with a fully paid-off solar system (over 50 panels) and a few-year-old dual-zone HVAC system, ensuring energy savings and modern comfort.
Desirable Location & Privacy: Located in the highly sought-after Sunny Hills neighborhood on a cul-de-sac, providing a secluded and prestigious setting in Fullerton.
ADU Potential: The existing barn, already equipped with water and electricity, presents a clear opportunity for conversion into an Accessory Dwelling Unit (ADU), adding significant value and versatility.

Cons

Age and Implied Renovation Needs: Built in 1957, the home is described as 'bursting with potential,' indicating that while systems like HVAC are updated, the interior likely requires significant modernization and renovation to meet contemporary tastes.
Potential Overpricing: The current listing price is 4% higher than the estimated property value, which may suggest it is priced above current market expectations or requires strong justification for its premium.
Limited Bedroom Count: With only 3 bedrooms for a 2,628 sq. ft. home on a sprawling 1.1-acre lot, some prospective buyers might find the bedroom count disproportionately low for the property's overall size and potential.

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