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6242 E Inverness Place, Orange, California 92869, Orange, 92869 - 4 bed, 3 bath

6242 E Inverness Place, Orange, California 92869 home-pic-0
ACTIVE$1,489,800
6242 E Inverness Place, Orange, California 92869
4Beds
3Baths
2,218Sqft
6,050Lot

Price Vs. Estimate

The estimated value ($1,413,656.33) is $76,143.67 (5%) lower than the list price ($1,489,800). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views: The property boasts breathtaking panoramic city and mountain views, including from the master bedroom and bath, significantly enhancing its appeal and value.
Top Cons:
Monthly Association Fees: A recurring monthly association fee of $218.65 adds to the overall cost of homeownership, which potential buyers must factor into their budget.

Compared to the nearby listings

Price:$1.49M vs avg $1.33M (+$158,800)63%
Size:2,218 sqft vs avg 2,187 sqft52%
Price/sqft:$672 vs avg $64460%

More Insights

Built in 1995 (30 years old).
Condition: Built in 1995, this property is 29 years old, placing it outside the 'excellent' category for age alone. However, the listing explicitly states 'Interior Custom New Paint Throughout & Beautiful Walnut Hard Wood Flooring, Stainless Steel Appliances, Tasteful choice of Granite Counter tops with Designer’s Tile Back Splash', indicating significant recent renovations. The images confirm these updates, showing a modern and well-maintained kitchen with stainless steel appliances, granite countertops, and a contemporary backsplash. Bathrooms also appear clean and functional, though perhaps not as extensively updated as the kitchen. The hardwood flooring throughout is a major upgrade. While the major systems (HVAC, roof, water heater) are not explicitly mentioned as new, the cosmetic updates are substantial enough to classify it as move-in ready with no immediate renovation required, aligning with the 'good' criteria of being extensively renovated within 5 to 15 years (assuming these updates are within that timeframe, which the 'new paint' and 'new flooring' suggest).
Year Built
1995
Close
-
List price
$1.49M
Original List price
$1.55M
Price/Sqft
$672
HOA
$218.65
Days on market
-
Sold On
-
MLS number
PW25140368
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

FOR GATE ACCESS DURING THE OPEN HOUSE, PLEASE TEXT YOUR NAME TO JAE(Jay) AT 714-448-7743. All Guests must come through the EAST GATE from CHAPMAN AVENUE. Your Dream Orange Lifestyle Awaits in This Stunning View Home in the Exclusive Prospect Hills Gated Community! Imagine waking up to breathtaking panoramic city views every single day! This exquisite two-story residence, nestled Area of Orange Hills Across from Orange Hill Restaurant within a secure and a gated community offers a lifestyle of unparalleled comfort and luxury. This Home has The Finest Touches and the Best Views All Making It Worth Your While! This includes the View from the Master Bedroom and Bath…. Magnificent View and Features Extra Long Counter with Dual Vanities, Excellent Bright & Airy Open Floor Plan, High Vaulted Ceiling, Spacious Living Room with Exquisite Fireplace and Classic Family Room connects to Separate Formal Dining Room, Interior Custom New Paint Throughout & Beautiful Walnut Hard Wood Flooring, Stainless Steel Appliances, Tasteful choice of Granite Counter tops with Designer’s Tile Back Splash, Eating Area with Gorgeous Chandeliers, Professionally Maintained Front & Back Landscaping with Built-In BBQ with Custom Patio. The Clear Backyard Border Allows for Optimal Viewing, Direct Garage Access. With fantastic home features, and easy access to almost everything, this definitely is more than just an ordinary home; it's a lifestyle upgrade. Don't miss this rare opportunity to own a piece of paradise in Orange. Schedule a showing and experience the magic for yourself!

Condition Rating
Good
Built in 1995, this property is 29 years old, placing it outside the 'excellent' category for age alone. However, the listing explicitly states 'Interior Custom New Paint Throughout & Beautiful Walnut Hard Wood Flooring, Stainless Steel Appliances, Tasteful choice of Granite Counter tops with Designer’s Tile Back Splash', indicating significant recent renovations. The images confirm these updates, showing a modern and well-maintained kitchen with stainless steel appliances, granite countertops, and a contemporary backsplash. Bathrooms also appear clean and functional, though perhaps not as extensively updated as the kitchen. The hardwood flooring throughout is a major upgrade. While the major systems (HVAC, roof, water heater) are not explicitly mentioned as new, the cosmetic updates are substantial enough to classify it as move-in ready with no immediate renovation required, aligning with the 'good' criteria of being extensively renovated within 5 to 15 years (assuming these updates are within that timeframe, which the 'new paint' and 'new flooring' suggest).
Pros & Cons

Pros

Panoramic Views: The property boasts breathtaking panoramic city and mountain views, including from the master bedroom and bath, significantly enhancing its appeal and value.
Exclusive Gated Community: Located within the secure and exclusive Prospect Hills Gated Community, offering a lifestyle of comfort, luxury, and enhanced security.
Extensive Interior Upgrades: Features recent interior custom paint, beautiful walnut hardwood flooring, stainless steel appliances, and tasteful granite countertops with designer's tile backsplash, indicating a move-in ready condition.
Professionally Maintained Outdoor Living: Includes professionally maintained front and back landscaping with a built-in BBQ and custom patio, providing attractive outdoor entertainment space.
Bright & Open Floor Plan: Offers an excellent bright and airy open floor plan with high vaulted ceilings and a spacious living room, creating an inviting and expansive feel.

Cons

Monthly Association Fees: A recurring monthly association fee of $218.65 adds to the overall cost of homeownership, which potential buyers must factor into their budget.
Potential for Older Major Systems: Built in 1995, the property may have original major systems (e.g., HVAC, roof, water heater) that could be nearing the end of their typical lifespan, potentially requiring future replacement despite cosmetic updates.
Limited Information on System Condition: The description focuses heavily on aesthetic upgrades but provides limited details on the condition or age of critical structural and mechanical systems, which could lead to unforeseen expenses for a buyer.

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