5475 Twin Lakes Drive, Cypress, California 90630, Cypress, 90630 - 2 bed, 2 bath

5475 Twin Lakes Drive, Cypress, California 90630 home-pic-0
ACTIVE$599,900$1,156/sqft
5475 Twin Lakes Drive, Cypress, California 90630
2Beds
2Baths
1,156Sqft
154,996Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Renovation: The property boasts a beautifully renovated interior, including an updated kitchen with quartz countertops and recessed lighting, new laminate flooring, and updated lighting throughout, offering a modern and move-in ready living space.
Top Cons:
High Monthly Association Fee: The $550 monthly association fee, while including water and trash, is relatively high and adds a significant recurring cost to homeownership that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$599.9K vs avg $625.0K ($-25,100)42%
Size:1,156 sqft vs avg 1,110 sqft53%
Price/sqft:$519 vs avg $55732%

More Insights

Built in 1979 (47 years old).
Condition: This property has undergone a beautiful and extensive renovation, bringing its interior to an excellent, move-in ready condition. Despite being built in 1979, the description highlights 'beautifully renovated,' 'updated kitchen with quartz countertops, recessed lighting,' 'laminate flooring,' and 'updated lighting.' The images confirm a modern aesthetic throughout, with clean white kitchen cabinets, contemporary white appliances, and updated bathroom vanities and fixtures. All interior components appear virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1979
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$519
HOA
$550
Days on market
-
Sold On
-
MLS number
PW26003759
Home ConditionExcellent
Features
Deck
View-

About this home

Beautifully renovated top-floor end-unit townhome in highly desirable Cypress with top-rated schools. This bright 2-bedroom, 1 bath (with additional vanity in the primary suite) home features vaulted ceilings, floor-to-ceiling windows, laminate flooring, updated lighting, and a cozy living room fireplace. The updated kitchen offers quartz countertops, recessed lighting, and bright windows in the dining area. Sliding glass doors open to a private deck, and the home includes in-unit laundry and 2 car private garage. The primary bedroom features a walk-in closet. Resort-style community with serene ponds and streams, garden paths, pool, spa, BBQ area, and guest parking. HOA includes water and trash. Conveniently located near Arnold Cypress Park with easy access to the 91, 5, and 605 freeways.

R
Renata Fallon
Listing Agent

Price History

Date
Event
Price
04/29/22
Sold
$550,000
11/18/19
Sold
$425,000
09/24/19
Sold
$400,000
07/03/17
Sold
$390,000
Condition Rating
Excellent

This property has undergone a beautiful and extensive renovation, bringing its interior to an excellent, move-in ready condition. Despite being built in 1979, the description highlights 'beautifully renovated,' 'updated kitchen with quartz countertops, recessed lighting,' 'laminate flooring,' and 'updated lighting.' The images confirm a modern aesthetic throughout, with clean white kitchen cabinets, contemporary white appliances, and updated bathroom vanities and fixtures. All interior components appear virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Renovation: The property boasts a beautifully renovated interior, including an updated kitchen with quartz countertops and recessed lighting, new laminate flooring, and updated lighting throughout, offering a modern and move-in ready living space.
Resort-Style Community Amenities: Residents benefit from a resort-style community featuring serene ponds, streams, garden paths, a pool, spa, BBQ area, and ample guest parking, significantly enhancing lifestyle and leisure options.
Prime Location & Top Schools: Located in highly desirable Cypress with access to top-rated schools, the property offers convenient freeway access (91, 5, 605) and proximity to Arnold Cypress Park, appealing to families and commuters alike.
Top-Floor End Unit Advantages: As a top-floor end unit, the home benefits from vaulted ceilings, floor-to-ceiling windows, increased natural light, and enhanced privacy with fewer shared walls compared to interior units.
Valuable In-Unit Features: The unit includes practical and desirable features such as in-unit laundry, a private 2-car garage, a cozy living room fireplace, and a primary bedroom with a walk-in closet, adding convenience and comfort.

Cons

High Monthly Association Fee: The $550 monthly association fee, while including water and trash, is relatively high and adds a significant recurring cost to homeownership that potential buyers must factor into their budget.
Limited Bathroom Configuration: The property features only one full bathroom (with an additional vanity in the primary suite), which may be a functional limitation or a deterrent for some buyers, particularly those with families or frequent guests.
Building Age: Built in 1979, the underlying structure of the building is over 40 years old. Despite interior renovations, this age could lead to concerns about long-term maintenance, potential for future special assessments, or outdated common area infrastructure.
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