5380 Silver Canyon, Yorba Linda, California 92887, Yorba Linda, 92887 - 2 bed, 2 bath

5380 Silver Canyon, Yorba Linda, California 92887 home-pic-0
ACTIVE$535,000
5380 Silver Canyon, Yorba Linda, California 92887
2Beds
2Baths
1,252Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: High School: Yorba Linda High School (10/10).
Top Cons:
High Monthly HOA Dues: The $600 monthly association fee is substantial and adds a significant recurring cost to homeownership, potentially impacting affordability for some buyers.

Compared to the nearby listings

Price:$535.0K vs avg $568.0K ($-33,000)23%
Size:1,252 sqft vs avg 1,252 sqft50%
Price/sqft:$427 vs avg $45423%

More Insights

Built in 1988 (37 years old).
Condition: This property, built in 1988, has undergone significant and recent updates that make it move-in ready. The description highlights new luxury vinyl plank flooring installed in February 2025 (likely a typo for 2024 or 2023) and a new HVAC system installed in late 2023, both of which are major system replacements within the last 1-2 years. The kitchen features sleek stainless steel appliances, white shaker-style cabinets, and granite countertops, presenting a clean and functional aesthetic. While the granite countertops, small tile backsplash, and track lighting in the kitchen are not the absolute latest trends, they are well-maintained and complement the overall updated feel. The absence of bathroom images prevents a full assessment of those areas, but the extensive updates elsewhere suggest a well-cared-for home. The property meets the 'Good' criteria for being extensively renovated within 5-15 years (with some key elements even newer) and having major systems functional and within their expected lifespan, with minimal wear and tear.
Year Built
1988
Close
-
List price
$535K
Original List price
$540K
Price/Sqft
$427
HOA
$600
Days on market
-
Sold On
-
MLS number
PW25249796
Home ConditionGood
Features
Good View: Hills
Deck
ViewHills

About this home

Eligible for $10,000 forgivable loan (no payments, no interest) to cover closing costs, rate buy-down and/or down payment. 100% financing available with NO MI! This beautifully updated upper-level 2 bedroom, 2 bathroom condo offers spacious living enhanced by soaring vaulted ceilings and a thoughtfully designed floor plan. The primary suite features an en-suite bathroom and a private sliding glass door that opens directly to the balcony, where a dedicated laundry and storage room provides added convenience—eliminating the need for off-site laundry. The second bedroom is generously sized and includes a walk-in closet. In February 2025, luxury vinyl plank flooring was installed throughout the main living areas, adding a modern and cohesive aesthetic. The kitchen is equipped with sleek stainless steel appliances, and the refrigerator is included with the home. It also opens to the balcony through sliding glass doors, ideal for outdoor dining, and is situated next to the formal dining room, which flows seamlessly into the living room complete with a cozy fireplace and additional patio access. A new HVAC system was installed in late 2023, ensuring year-round comfort. Community amenities include two pools, four spas, tennis courts, multiple playgrounds, and a clubhouse with a fitness center. The HOA covers roof maintenance, exterior termite control, water, and trash. Located within the highly acclaimed Placentia Linda Unified School District, this home is zoned for Bryant Ranch Elementary, Travis Ranch Middle School, and Yorba Linda High School. A rare opportunity to own in Yorba Linda for under $600,000—this property is not expected to last.

Nearby schools

8/10
Bryant Ranch Elementary School
Public,K-51.3mi
8/10
Travis Ranch
Public,K-81.5mi
10/10
Yorba Linda High School
Public,9-123.2mi
Condition Rating
Good

This property, built in 1988, has undergone significant and recent updates that make it move-in ready. The description highlights new luxury vinyl plank flooring installed in February 2025 (likely a typo for 2024 or 2023) and a new HVAC system installed in late 2023, both of which are major system replacements within the last 1-2 years. The kitchen features sleek stainless steel appliances, white shaker-style cabinets, and granite countertops, presenting a clean and functional aesthetic. While the granite countertops, small tile backsplash, and track lighting in the kitchen are not the absolute latest trends, they are well-maintained and complement the overall updated feel. The absence of bathroom images prevents a full assessment of those areas, but the extensive updates elsewhere suggest a well-cared-for home. The property meets the 'Good' criteria for being extensively renovated within 5-15 years (with some key elements even newer) and having major systems functional and within their expected lifespan, with minimal wear and tear.
Pros & Cons

Pros

Great Schools: High School: Yorba Linda High School (10/10).
Financial Incentives: Offers a $10,000 forgivable loan (no payments, no interest) and 100% financing with no mortgage insurance, significantly reducing upfront costs and monthly payments for eligible buyers.
Extensive Recent Upgrades: Features new luxury vinyl plank flooring (Feb 2025 - assuming recent past), a new HVAC system (late 2023), and sleek stainless steel kitchen appliances, ensuring modern comfort and aesthetics.
Premium Community Amenities: Residents enjoy access to two pools, four spas, tennis courts, multiple playgrounds, and a clubhouse with a fitness center, enhancing lifestyle and recreational options.
Highly-Rated School District: Located within the acclaimed Placentia Linda Unified School District, zoned for top-rated schools like Bryant Ranch Elementary, Travis Ranch Middle, and Yorba Linda High School.
Desirable Location & Value: A rare opportunity to own an updated property in the sought-after city of Yorba Linda for under $600,000, offering excellent value in a competitive market.

Cons

High Monthly HOA Dues: The $600 monthly association fee is substantial and adds a significant recurring cost to homeownership, potentially impacting affordability for some buyers.
Condominium Restrictions & Shared Living: As a condominium, it entails shared walls, potential noise transfer, and adherence to HOA rules and regulations, which may limit personal freedoms compared to a single-family home.
Upper-Level Unit Access: Being an upper-level unit requires navigating stairs, which could be a disadvantage for individuals with mobility challenges or those preferring ground-level access.

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