5981 Lakeview Avenue, Yorba Linda, California 92886, Yorba Linda, 92886 - 4 bed, 3 bath
5981 Lakeview Avenue
Yorba Linda, California 92886
Property Price
SUMMARY
Analysis of 5981 Lakeview Avenue, Yorba Linda, California 92886 reveals a Prime Investment Opportunity with a current list price of $2,399,000—significantly undercutting the $2,497,618 Fair Market Value by 3%. This valuation gap indicates a +$98,618 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Yorba Linda Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5981 Lakeview Avenue Subject | $2,399,000* List Price | 4 | 3 | 3,629 | $688 | - |
A 17842 Caballo Sold | $2,250,000 | 4 | 3 | 2,777 | $810 | 0.5 mi |
B 17967 Sun Hill Sold | $1,765,000 | 5 | 4 | 2,875 | $614 | 0.2 mi |
C 18571 Buena Vista Active | $1,998,000 List Price | 4 | 3 | 3,096 | $645 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1965, the property has been extensively renovated and is in move-in ready condition. The kitchen is a major highlight, featuring a modern gourmet layout with dual islands, stone countertops, and high-end stainless steel appliances. The bathrooms have been updated with contemporary tiling and fixtures, and the home features consistent modern flooring and recessed lighting throughout. Recent infrastructure updates like new ABS piping and solar systems further support a 'good' rating, as the home balances its original character with modern functionality.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 43647, living area = 3629.
- Expansive Estate Lot
The property sits on a rare 43,647-square-foot lot, providing exceptional privacy, a resort-style pool, a large barn/shop, and dedicated space for RV and boat parking.
- Gourmet Chef's Kitchen
Designed for high-end entertaining, the massive kitchen features dual islands, two sinks, and abundant cabinetry, offering a level of utility and scale rarely found in the area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3629, other record living area = 2808.
- Solar Lease Assumption
The requirement for the buyer to assume a monthly solar lease may be a deterrent for those seeking a property free of ongoing service contracts or encumbrances.
- Vintage Infrastructure
Despite recent plumbing upgrades, the 1965 construction may necessitate further modernization of systems or finishes to meet the expectations of today's luxury buyers at this price point.
About 5981 Lakeview Avenue
Price Improvement! Incredible opportunity to own this rare 1-acre Yorba Linda property with expansive entertaining spaces and a beautifully updated kitchen. Situated on an expansive lot, this unique property offers exceptional space, privacy, and versatility rarely found in the area. The expansive kitchen features two islands, two sinks, abundant counter space, and generous storage, ideal for entertaining and everyday living. The beautifully landscaped grounds showcase mature fruit trees, a personal garden, quaint seating areas, a resort-style pool, and a large barn/shop, creating a private, estate-like environment with ample space for gatherings, your RV and/or your boat. Two downstairs rooms are currently configured as a bar and a therapy room, offering flexible options for entertaining, wellness, or work-from-home use. Recent improvements include new ABS piping. Solar includes two systems — one owned and one leased. Buyer to assume leased solar at approximately $100/month. A truly special property combining upscale living with rare lot size and exceptional outdoor amenities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 43,647 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,629 | 2,244.5 | 87% |
| Lot Size | 43,647 | 9,130.5 | 98% |
| Price | $2.40M | $1.40M | 87% |
| Price per sq ft | $661 | $648 | 55% |
| Built year | 1965 | 1975 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 173 | 2% |
Pricing History
Listed for Sale
Mar 6, 2026
$2,399,000
$2,499,000
-4% Price Drop
Initial Listing
Price Change
Jan 28, 2026
$2,499,000
Initial Listing
Sold
Mar 23, 2021
$1,675,000
Public Record
Sold
Nov 13, 2013
$1,160,000
Public Record
Sold
Jun 16, 1999
$185,000
Public Record