5023 Evergreen, Cypress, California 90630, Cypress, 90630 - 4 bed, 3 bath
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5023 Evergreen
Cypress, California 90630
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,980Sq Ft
6,000Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,246,534
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,246,534 Fair Market Value by 3%. This valuation gap provides $46,534 in Instant Equity for the buyer. Featuring a recently remodeled kitchen, central HVAC, and a versatile main-level bedroom, the home maintains an Excellent Condition Rating. Located within the prestigious Oxford Academy boundary, this property is an ideal acquisition for Owner-Occupants or discerning families seeking a high-quality, move-in ready lifestyle.
Estimated Market Value
$1,246,534+$46,534 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Cypress.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5023 Evergreen Subject | $1,200,000* List Price | 4 | 3 | 1,980 | $630 | - |
A 4972 Park Sold | $1,378,000 | 4 | 3 | 1,938 | $711 | 0.1 mi |
B 4261 Livermore Place Sold | $1,230,000 | 4 | 2 | 1,830 | $672 | 0.8 mi |
C 8792 Belday St. Sold | $1,100,500 | 4 | 3 | 2,045 | $538 | 0.3 mi |
D 5353 Cumberland Sold | $1,202,000 | 3 | 3 | 2,100 | $572 | 0.8 mi |
E 5258 Hanover Drive Sold | $1,142,000 | 4 | 2 | 1,705 | $670 | 0.6 mi |
F 4811 Newman Avenue Sold | $1,175,000 | 4 | 2 | 1,996 | $589 | 0.3 mi |
G 5278 Hanover Drive Sold | $1,194,500 | 4 | 3 | 1,657 | $721 | 0.6 mi |
H 5068 Cumberland Drive Sold | $1,353,000 | 4 | 3 | 2,177 | $621 | 0.8 mi |
I 9317 Christopher Active | $1,399,999 List Price | 5 | 3 | 1,803 | $776 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The home features a recently remodeled kitchen with modern shaker cabinets and stainless appliances, updated flooring, recessed lighting, and upgraded systems including central HVAC and double-pane windows, qualifying it as a high-quality recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Educational Access
The property is located within the highly coveted Oxford Academy boundary, providing access to one of the top-ranked schools in California, which significantly bolsters long-term property value.
- Versatile Main-Level Layout
Featuring a bedroom and full shower on the first floor, the home offers a flexible floor plan ideal for multi-generational living, guests, or those seeking long-term accessibility.
- Turn-Key Interior Upgrades
Extensive modern updates including a remodeled kitchen, double-pane windows, scraped ceilings, and central HVAC provide immediate comfort and reduce the need for post-purchase capital expenditures.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property lacks any significant views, which may be a disadvantage for buyers prioritizing aesthetic surroundings or natural vistas.
- Limited Softscaping
The backyard is primarily hardscaped, which may not appeal to buyers looking for traditional lawn space, gardening opportunities, or a softer outdoor environment for children and pets.
About 5023 Evergreen
Welcome to this immaculate 4-bedroom, 3-bath home in the desirable Barkley Square community. The layout is practical and flexible, with a bedroom and a shower on the main level—ideal for guests or multi-generational living. Inside, you’ll find thoughtful updates like recently remodeled kitchen, scraped ceiling, recessed lighting, double-pane windows, and central heating and air. The kitchen opens directly to the family room, creating an easy, connected space for both everyday living and gatherings. Upstairs, the additional bedrooms are comfortably sized, and the primary suite offers a quiet place to unwind. The backyard is designed for low maintenance, with mostly hardscaping and mature trees that add privacy. Located in one of the most desirable neighborhood in Cypress, this home falls within the Oxford Academy boundary (testing required) and offers convenient access to the 605 and 91 freeways.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.4 |
| Square foot | 1,980 | 1,759.03 |
| Lot Size | 6,000 | 5,928.358 |
| Price | $1.20M | $1.16M |
| Price per sq ft | $606 | $645 |
| Built year | 1965 | 1967 |
| HOA | $0 | $399 |
| Days on market | 20 | 50 |
Pricing History
Listed for Sale
Aug 20, 2026
$1,200,000
Initial Listing
Sold
Nov 23, 2015
$628,000
Public Record