4900 E Chapman, Orange, California 92869, Orange, 92869 - 1 bed, 1 bath
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4900 E Chapman
Orange, California 92869
ACTIVE
CONDITION: GOOD
1Beds
1Baths
768Sq Ft
804Lot Size
Property Price
LIST PRICE$430,000
EST. MARKET VALUE
$469,085
8% BelowMARKET VALUE
SUMMARY
This Condominium represents a Strong Value Opportunity, listed at $430,000—positioned well below the $469,086 Fair Market Value by 8%. This valuation gap offers $39,086 in Instant Equity for the buyer. Featuring a remodeled kitchen with granite countertops and a peaceful lake view, the unit maintains a Condition Rating of 3. While the HOA fee is notable, the community’s resort-style amenities and proximity to Chapman University provide significant lifestyle appeal. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a serene, move-in ready residence.
Estimated Market Value
$469,085+$39,085 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Orange.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4900 E Chapman Subject 1 bd · 1 ba · 768 sqft · $611 | $430,000* List Price | 1 | 1 | 768 | $611 | - |
A 4900 E Chapman Avenue Sold 1 bd · 1 ba · 768 sqft · $599 · 0.1 mi | $460,000 | 1 | 1 | 768 | $599 | 0.1 mi |
B 4900 #77 E Chapman Sold 1 bd · 1 ba · 768 sqft · $605 · 0.1 mi | $464,999 | 1 | 1 | 768 | $605 | 0.1 mi |
C 5744 E Creekside 67 Sold 1 bd · 1 ba · 768 sqft · $645 · 0.6 mi | $495,000 | 1 | 1 | 768 | $645 | 0.6 mi |
D 5744 E Creekside 37 Sold 1 bd · 1 ba · 768 sqft · $664 · 0.7 mi | $510,000 | 1 | 1 | 768 | $664 | 0.7 mi |
E 5744 E Creekside 9 Sold 1 bd · 1 ba · 768 sqft · $650 · 0.6 mi | $499,000 | 1 | 1 | 768 | $650 | 0.6 mi |
F 4900 E Chapman Avenue 50 Active 1 bd · 1 ba · 768 sqft · $592 · 0.1 mi | $455,000 List Price | 1 | 1 | 768 | $592 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1976 but features a remodeled kitchen with granite countertops and updated cabinetry (estimated 5-15 years old). The bathroom vanity has been similarly updated. The unit is well-maintained, move-in ready, and features functional systems and modern flooring.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Waterfront Setting
The property offers tranquil views of streams and lakes within a certified wildlife habitat, providing a unique and serene 'mountain retreat' atmosphere in an urban setting.
- Modernized Interior Features
The home features a remodeled kitchen with granite countertops and soaring cathedral ceilings that enhance the sense of space and light throughout the living area.
- Prime Location and Amenities
Conveniently located near Chapman University and major parks, the community provides robust amenities including a pool, spa, sauna, tennis courts, and two assigned parking spaces.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =804, other record lot size in square feet = 1920. Living area discrepancy between mls listing and other public or private record. mls listing living area = 768, other record living area = 1092. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
- Recently Sold Property
The property was recently sold within the past year on 2025-10-27. The sold price is $575,000.00.
- High Association Fees
The monthly HOA fee of $547 is significant for a one-bedroom unit and may impact the overall affordability and debt-to-income ratio for potential buyers.
About 4900 E Chapman
Welcome to Orange Lakes, a beautiful and serene community! This charming home is light and bright with soaring cathedral ceilings. The remodeled kitchen has granite countertops and a spacious breakfast bar, opening to the living room with peaceful views of the streams and lakes. The cozy fireplace creates a warm, inviting atmosphere reminiscent of a mountain retreat. A stackable washer and dryer add everyday convenience. Step outside from the living room to your private patio, where you can relax and enjoy the soothing sounds of the flowing streams. An additional outdoor storage unit provides extra space and convenience. Upstairs, the inviting one-bedroom loft features a generous walk-in closet and a full bathroom. Orange Lakes is a certified wildlife habitat, offering the unique pleasure of watching ducks and turtles in their natural surroundings. Community amenities include a pool, spa, sauna, and tennis courts. The property also includes two assigned parking spaces, along with ample guest parking. Conveniently located near Chapman University, Peters Canyon, Irvine Regional Park, freeways, toll roads, shopping, restaurants, and the charming shops and dining of Old Towne Orange. Discover the peaceful lifestyle and natural beauty that make Orange Lakes such a wonderful place to call home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1976
- Lot Size
- 804 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $547.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 768 | 1,272.366 |
| Lot Size | 804 | 124,408.61 |
| Price | $430.0K | $720.3K |
| Price per sq ft | $560 | $581 |
| Built year | 1976 | 1990 |
| HOA | $547.0 | $429 |
| Days on market | 11 | 46 |
Pricing History
Listed for Sale
Oct 14, 2026
$430,000
Initial Listing
Sold
Oct 27, 2025
$575,000
Public Record
Sold
May 16, 2013
$222,500
Public Record
Sold
Nov 14, 2008
$286,500
Public Record