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5231 Highland Avenue, Yorba Linda, California 92886, Yorba Linda, 92886 - 3 bed, 2 bath

5231 Highland Avenue, Yorba Linda, California 92886 home-pic-0
ACTIVE$3,500,000
5231 Highland Avenue, Yorba Linda, California 92886
3Beds
2Baths
1,906Sqft
28,973Lot

Price Vs. Estimate

Estimation data not available

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 = 28973, living area = 1906.
Top Cons:
Outdated Existing Structures: The current 'older ranch-style home and detached structures' are explicitly noted as needing renovation or replacement, implying significant additional investment beyond the purchase price.

Compared to the nearby listings

Price:$3.50M vs avg $1.49M (+$2,006,006)93%
Size:1,906 sqft vs avg 2,276 sqft34%
Price/sqft:$1.8K vs avg $66199%

More Insights

Built in 1932 (93 years old).
Condition: Built in 1932, this property features an 'older ranch-style home' explicitly described as 'ideal for renovation or replacement.' The property analysis also notes 'Outdated Existing Structures' needing significant investment. Exterior images show an aged home and a detached structure with peeling paint, indicating severe wear. The complete absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very poor, outdated, or unpresentable condition, requiring substantial repairs or a complete overhaul. The property's value is clearly in its land and development potential, not the existing structure.
Year Built
1932
Close
-
List price
$3.5M
Original List price
$4M
Price/Sqft
$1,836
HOA
-
Days on market
-
Sold On
-
MLS number
PW25102072
Home ConditionPoor
Features
Excellent View: City Lights, Hills, Trees/Woods
Pool
ViewCity Lights,Hills,Trees/Woods

About this home

Incredible Development Opportunity on 3.17 Acres in a Prime Yorba Linda Location. This property offers unmatched views rarely found in West Yorba Linda. A unique chance to own two contiguous parcels totaling over 3 acres in the heart of the city. Tucked away on a quiet stretch of Highland Avenue, this unique offering includes a 2.5-acre parcel and an adjacent 0.67-acre lot. both offering endless potential for redevelopment, equestrian use, or a custom family compound.The property currently includes an older ranch-style home and detached structures, ideal for renovation or replacement. With gentle terrain, mature trees, and access to the Yorba Linda horse trail system, this is one of the few remaining multi-acre properties in the area zoned for horses and rural residential use. Whether you envision building a dream estate, creating an equestrian retreat, or exploring future development opportunities (buyer to verify with the city), this property offers a truly exceptional canvas. Utilities on site. No HOA. Minutes from top-rated schools, shopping, and freeway access. Don’t miss this once-in-a-generation land opportunity in one of Orange County’s most sought-after communities. Minimum lot size requirement is 24,200 square feet per dwelling unit.

Condition Rating
Poor
Built in 1932, this property features an 'older ranch-style home' explicitly described as 'ideal for renovation or replacement.' The property analysis also notes 'Outdated Existing Structures' needing significant investment. Exterior images show an aged home and a detached structure with peeling paint, indicating severe wear. The complete absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very poor, outdated, or unpresentable condition, requiring substantial repairs or a complete overhaul. The property's value is clearly in its land and development potential, not the existing structure.
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 = 28973, living area = 1906.
Exceptional Development Potential: This property offers an incredible development opportunity with 3.17 acres across two contiguous parcels, ideal for subdivision, a custom luxury estate, or an equestrian compound.
Prime Location & Unmatched Views: Situated in a highly sought-after Yorba Linda location, it boasts rare, expansive views of City Lights, Hills, and Trees/Woods, combined with a secluded setting on Highland Avenue.
Equestrian-Friendly Zoning & Access: As one of the few remaining multi-acre properties zoned for horses, it provides direct access to the Yorba Linda horse trail system, appealing to a niche market.
Convenient Community Access: Despite its private feel, the property is minutes away from top-rated schools, shopping centers, and major freeway access, offering both tranquility and convenience.
No Homeowners Association (HOA): The absence of an HOA provides greater flexibility and freedom for future development, design choices, and property use without restrictive covenants or additional fees.

Cons

Outdated Existing Structures: The current 'older ranch-style home and detached structures' are explicitly noted as needing renovation or replacement, implying significant additional investment beyond the purchase price.
High Initial Capital Outlay: With a list price of $3.5 million, the property represents a substantial upfront investment, primarily for land value and potential, before any development or modernization can begin.
Buyer Due Diligence Required: The description advises buyers to 'verify with the city' regarding future development opportunities, indicating potential complexities, time, and costs associated with obtaining necessary permits and approvals.

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