518 N Platina Drive, Diamond Bar, California 91765, Diamond Bar, 91765 - 4 bed, 2 bath
ACTIVE$998,000$1,923/sqft
Est. Value: $539,676
-45%
AboveEstimate
518 N Platina Drive, Diamond Bar, California 91765
4Beds
2Baths
1,923Sqft
12,503Lot
Price Vs. Estimate
The estimated value ($539,676.085) is $458,323.915 (45%) lower than the list price ($998,000). 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 = 12503, living area = 1923.
Top Cons:
Significant Overpricing Relative to Valuation: The listing price of $998,000 is substantially higher than the estimated property value of approximately $539,676, indicating a potential overvaluation in the current market.
Compared to the nearby listings
Price:$998.0K vs avg $1.15M ($-152,450)30%
Size:1,923 sqft vs avg 2,026 sqft45%
Price/sqft:$519 vs avg $54636%
More Insights
Built in 1965 (61 years old).
Condition: Despite being built in 1965, the property features a beautifully and extensively renovated kitchen with modern white shaker cabinets, light-colored quartz/granite countertops, subway tile backsplash, and stainless steel appliances. Both bathrooms have also been updated with modern vanities, fixtures, and tile work, appearing virtually new. The interior boasts fresh paint and new-looking laminate/engineered wood flooring throughout most areas, with clean carpet in bedrooms. These significant, high-quality updates in key areas (kitchen, bathrooms, flooring, paint) suggest a recent renovation (likely within the last 5 years), bringing the property's condition to current quality standards and making it truly move-in ready with no deferred maintenance in these visible areas.
Year Built
1965
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$519
HOA
$40
Days on market
-
Sold On
-
MLS number
TR25116256
Home ConditionExcellent
Features
Deck
View-
About this home
Don’t miss this rare single-story gem on a quiet cul-de-sac! Situated on a massive 12,503 sq ft lot, this home offers unlimited potential—whether you’re dreaming of a pool, ADU, or your own custom oasis. Featuring 4 spacious bedrooms and 2 full bathrooms, it also boasts a beautifully renovated kitchen and fresh interior paint throughout, making it truly move-in ready. Enjoy all the benefits of community living with a low HOA fee of just $40 per month, which includes access to a large pool, tennis and pickleball courts, a clubhouse, and year-round community events. Plus, enjoy convenient access to the 57 and 60 freeways for an easy commute and connectivity to nearby shopping, dining, and more. With its desirable layout, expansive lot, and prime location, this property is a unique opportunity you won’t want to miss. Schedule your private tour today!
A
Andy Chen
Listing Agent
Nearby schools
5/10
Diamond Point Elementary School
Public,•PK-6•0.5mi
5/10
Lorbeer Middle School
Public,•7-8•0.4mi
7/10
Diamond Ranch High School
Public,•9-12•1.8mi
Condition Rating
Excellent
Despite being built in 1965, the property features a beautifully and extensively renovated kitchen with modern white shaker cabinets, light-colored quartz/granite countertops, subway tile backsplash, and stainless steel appliances. Both bathrooms have also been updated with modern vanities, fixtures, and tile work, appearing virtually new. The interior boasts fresh paint and new-looking laminate/engineered wood flooring throughout most areas, with clean carpet in bedrooms. These significant, high-quality updates in key areas (kitchen, bathrooms, flooring, paint) suggest a recent renovation (likely within the last 5 years), bringing the property's condition to current quality standards and making it truly move-in ready with no deferred maintenance in these visible areas.
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 = 12503, living area = 1923.
Large Lot & Development Potential: The massive 12,503 sq ft lot offers significant potential for future expansion, adding a pool, or constructing an Accessory Dwelling Unit (ADU).
Community Amenities & Low HOA: A low monthly HOA fee of $40 provides access to desirable community amenities including a large pool, tennis and pickleball courts, a clubhouse, and community events.
Move-in Ready Condition: The home features a beautifully renovated kitchen and fresh interior paint throughout, making it immediately move-in ready for new occupants.
Desirable Single-Story Layout & Quiet Location: This rare single-story home is situated on a quiet cul-de-sac, offering a desirable layout and peaceful living environment.
Excellent Freeway Access: Convenient access to the 57 and 60 freeways ensures an easy commute and connectivity to nearby shopping, dining, and other services.
Cons
Significant Overpricing Relative to Valuation: The listing price of $998,000 is substantially higher than the estimated property value of approximately $539,676, indicating a potential overvaluation in the current market.
Older Property Age: Built in 1965, the property is nearly 60 years old, which may raise concerns about the condition of original structural components or systems not explicitly mentioned as updated.
Absence of Views: The property does not offer any notable views, which could be a disadvantage in a competitive market where scenic vistas often add significant value.