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4248 W 5th Street, Santa Ana, California 92703, Santa Ana, 92703 - 4 bed, 3 bath

4248 W 5th Street, Santa Ana, California 92703 home-pic-0
ACTIVE$865,000
4248 W 5th Street, Santa Ana, California 92703
4Beds
3Baths
1,892Sqft
115,686Lot
Year Built
2016
Close
-
List price
$865K
Original List price
$900K
Price/Sqft
$457
HOA
$240
Days on market
-
Sold On
-
MLS number
IV25097395
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $865.0K(94th), sqft - 1892(94th), beds - 4(94th), baths - 3(75th).

Welcome to Santa Ana. This charming home is a hidden gem nestled in a private gated community here in the OC. Our Magnolia Lane community is in the heart of Orange County and our location is minutes away to many businesses, shopping, and attractions such as Disneyland, the Block at Orange, South Coast Plaza, and Little Saigon. Situated on a spacious lot, this beautifully maintained property offers a perfect blend of comfort and convenience. Step inside to discover an inviting living space featuring modern finishes and abundant natural light. With an affordable HOA. this is a must-see. The open-concept layout seamlessly connects the living room, dining area, and gourmet kitchen, making it ideal for entertaining and family gatherings. This home has the largest patio area in the complex, perfect for BBQ and entertaining or for those who just like some extra outdoor living space!

Nearby schools

8/10
R. F. Hazard Elementary School
Public,•K-6•0.3mi
6/10
Rosita Elementary School
Public,•K-6•0.5mi
4/10
Heritage Elementary School
Public,•PK-6•0.6mi
5/10
Newhope Elementary School
Public,•K-6•1.1mi
5/10
Woodbury Elementary School
Public,•K-6•1.1mi
8/10
Morningside Elementary School
Public,•K-6•1.3mi
5/10
Mamie L. Northcutt Elementary School
Public,•K-6•2.1mi
5/10
Linton T. Simmons Elementary School
Public,•K-6•3.4mi
4/10
Stephen R. Fitz Intermediate School
Public,•7-8•0.8mi
7/10
James Irvine Intermediate School
Public,•7-8•1.1mi
7/10
Santiago High School
Public,•9-12•1.4mi
5/10
Los Amigos High School
Public,•9-12•1.8mi
8/10
Bolsa Grande High School
Public,•9-12•2.3mi

Price History

Date
Event
Price
10/14/25
Price Change
$865,000-1.7%
08/07/25
Price Change
$880,000
05/02/25
Listing
$900,000
Condition Rating
Excellent
Built in 2016, this property is relatively new (8 years old) and features modern finishes throughout. The kitchen boasts dark shaker cabinets, light granite/quartz countertops, subway tile backsplash, and stainless steel appliances. Bathrooms are updated with matching vanities and modern fixtures. Flooring consists of clean tile downstairs and well-maintained carpet upstairs. Recessed lighting is present in main areas. The overall condition reflects a well-maintained, nearly new home with contemporary style and no visible deferred maintenance.
Pros & Cons

Pros

Modern Construction (2016): Built in 2016, this property offers contemporary design and infrastructure, minimizing immediate maintenance concerns and appealing to buyers seeking newer homes.
Prime Orange County Location: Strategically located in the heart of Orange County, providing convenient access to major attractions like Disneyland, premium shopping (South Coast Plaza), and diverse businesses.
Secure Gated Community: Nestled within a private gated community, offering enhanced security, privacy, and a sense of exclusivity for residents.
Spacious & Modern Interior Design: Features an inviting open-concept layout with modern finishes, abundant natural light, and a gourmet kitchen, ideal for entertaining and comfortable family living.
Expansive Private Patio: Boasts the largest patio area within the complex, providing significant outdoor living space perfect for entertaining, BBQ, and relaxation, a rare amenity for a condominium.

Cons

Condominium Ownership Constraints: As a condominium, the property inherently comes with shared walls and potential HOA restrictions, which may limit individual customization and autonomy compared to a single-family home.
Recent Price Adjustments: Multiple price reductions from the original listing price could indicate initial overpricing or market resistance, potentially raising questions about its current market value or future appreciation.
Standard Neighborhood View: While the property has a view, it is described as a 'Neighborhood' view, lacking the premium appeal of ocean, city lights, or mountain vistas that some buyers might seek in a high-demand area.

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