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

6242 E Inverness Place, Orange, California 92869 home-pic-0

6242 E Inverness Place

Orange, California 92869

ACTIVE UNDER CONTRACT
CONDITION: GOOD
4Beds
3Baths
2,218Sq Ft
6,050Lot Size

Property Price

LIST PRICE$1,489,800
EST. MARKET VALUE
$1,325,919
12% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,325,919
Based on Realkey algorithm analyzing recent comparable sales in Orange.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
6242 E Inverness Place
Subject
$1,489,800*
List Price
432,218$598-
A
5444 E Partridge
Sold
$1,293,000432,577$5020.5 mi
B
7229 E Dapple
Sold
$1,590,000232,171$7320.7 mi
C
6213 E West View Drive
Sold
$1,500,000433,045$4930.7 mi
D
692 N Rancho Santiago Blvd
Sold
$1,180,000542,452$4810.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition with significant updates that elevate it above its 1995 build date. Key features include high-quality walnut hardwood flooring, a modernized kitchen with granite countertops, designer tile backsplash, and stainless steel appliances. The interior has been recently repainted, and the overall maintenance of the home, including the professional landscaping and vaulted ceilings, indicates a well-preserved property that does not require immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Panoramic Views

    The property offers exceptional city light and mountain views, visible from the master suite and main living areas, significantly increasing its market appeal and luxury feel.

  • Exclusive Gated Community

    Located in the prestigious Prospect Hills community, the home provides enhanced security, privacy, and a high-end neighborhood atmosphere in the desirable Orange Hills area.

  • Premium Interior Finishes

    The interior features high-quality upgrades including walnut hardwood flooring, custom new paint, granite countertops, and high vaulted ceilings that create a bright and airy ambiance.

CONSRISKS & DEFICIENCIES

  • Limited Availability

    The property is currently 'Active Under Contract,' which suggests that a buyer has already been selected, limiting opportunities for new interested parties.

  • Recent Price Adjustment

    A price reduction from the original list price of $1,549,800 to $1,489,800 may indicate that the initial pricing was aggressive for the current market conditions.

  • Recurring Association Costs

    The monthly association fee of $218.65 adds a permanent carrying cost to the property, which may be a consideration for buyers sensitive to fixed monthly expenses.

About 6242 E Inverness Place

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!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1995
Lot Size
6,050 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$218.65 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,2182,174.5
55%
Lot Size6,0508,000
16%
Price$1.49M$1.31M
67%
Price per sq ft$672$639
57%
Built year19951971
95%
HOA$218.65$0
87%
Days on market256167
89%

Pricing History

Listed for Sale

Aug 16, 2025

$1,489,800

$1,549,800

-4% Price Drop

Initial Listing

Price Change

Jun 24, 2025

$1,549,800

Initial Listing

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