557 S Gardner Drive, Orange, California 92866, Orange, 92866 - 3 bed, 2 bath
ACTIVE$1,195,000
557 S Gardner Drive, Orange, California 92866
3Beds
2Baths
1,846Sqft
6,615Lot
Year Built
1963
Close
-
List price
$1.2M
Original List price
$1.25M
Price/Sqft
$647
HOA
-
Days on market
-
Sold On
-
MLS number
PW25115024
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 29% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.20M(50th), sqft - 1846(73th), beds - 3(50th), baths - 2(50th).
Three-bedroom two two-bath single-level ranch home is on a quiet street. Two-car attached garage with a large driveway. If location is important, you are close enough to Old Towne but far enough away to avoid the traffic and activity.
Nearby schools
6/10
Palmyra Elementary School
Public,•K-6•0.4mi
6/10
Yorba Middle School
Public,•6-8•1.7mi
4/10
Orange High School
Public,•9-12•1.2mi
Condition Rating
Fair
Built in 1963, this property's exterior appears well-maintained. However, the listing provides no interior images or details regarding renovations, especially for the kitchen and bathrooms. The property analysis indicates a 'lack of modern updates & amenities' and 'potential for outdated systems,' including the absence of central air conditioning. This suggests the interior likely requires significant modern upgrades and that major components are functional but outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Desirable Location: Situated on a quiet street, the property offers excellent proximity to Old Towne Orange, providing a balance of accessibility to amenities and a tranquil living environment.
Single-Level Ranch Layout: The single-level ranch home design is highly sought after, appealing to a broad range of buyers seeking ease of access and a classic architectural style.
Practical Parking & Garage: The property includes an attached two-car garage and a large driveway, offering ample parking and valuable storage space.
Generous Lot Size: With a lot size of 6,615 sqft, there is significant outdoor space potential for landscaping, recreation, or future expansion opportunities.
Established School District: Located within the Orange Unified School District, with well-rated elementary and middle schools (Palmyra Elementary 6/10, Yorba Middle 6/10) in close proximity.
Cons
Significant Overpricing: The current listing price of $1,195,000 is substantially higher than the estimated property value of $842,844.72, indicating a considerable valuation gap compared to market data.
Lack of Modern Updates & Amenities: The 1963 build year and basic description suggest the home likely requires significant modern upgrades (e.g., kitchen, bathrooms, flooring) and lacks key amenities like central air conditioning and a pool, which are present in many comparable sales.
Potential for Outdated Systems: As a 1963 construction, the property may feature original or older electrical, plumbing, and insulation systems, potentially requiring substantial investment for modernization and improved energy efficiency.