692 N Rancho Santiago Boulevard, Orange, California 92869, Orange, 92869 - 5 bed, 4 bath

692 N Rancho Santiago Boulevard, Orange, California 92869 home-pic-0
ACTIVE$1,249,000
692 N Rancho Santiago Boulevard, Orange, California 92869
5Beds
4Baths
2,452Sqft
7,532Lot

Price Vs. Estimate

The estimated value ($1,249,000) is $0 (0%) lower than the list price ($1,249,000). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Multi-Generational Floorplan: Features an 'ideal multi-generational floorplan' with 5 bedrooms, including a downstairs master suite and an additional upstairs master, offering exceptional flexibility for various living arrangements.
Top Cons:
Property Age & Unspecified System Updates: Built in 1971, while cosmetically updated, the description does not specify recent upgrades to major systems (e.g., HVAC, plumbing, electrical, roof), which could be a consideration for long-term maintenance.

Compared to the nearby listings

Price:$1.25M vs avg $1.31M ($-66,000)34%
Size:2,452 sqft vs avg 2,187 sqft64%
Price/sqft:$509 vs avg $6439%

More Insights

Built in 1971 (54 years old).
Condition: Despite being built in 1971, this property has undergone extensive renovations, making it move-in ready. The kitchen features modern stainless steel appliances, updated white cabinetry, and contemporary plank tile flooring. Bathrooms have also been remodeled with modern fixtures and updated tiling, with at least one appearing very recently updated. Newer interior paint, laminate flooring, and carpeting throughout contribute to a fresh and well-maintained interior. While not every component is brand new, the significant updates ensure the home is in excellent functional and aesthetic condition, requiring no immediate renovations.
Year Built
1971
Close
-
List price
$1.25M
Original List price
$12.95M
Price/Sqft
$509
HOA
-
Days on market
-
Sold On
-
MLS number
PW25144138
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Price Improvement!!! on this Two Story 5BR/3.5Ba Move-In Ready Home Located on a Corner Lot in a Highly Sought East Orange neighborhood. This Desirable Floorplan Features: Open and Bright Remodeled Kitchen, Countertops, Stainless Steel Appliances, Plank Tile Flooring. Formal Living Room Overlooking The Pool, Vaulted Ceiling, & a Fireplace, FIVE Bedrooms with ONE DOWNSTAIRS Master Bedroom with it Own Remodeled Bathroom, Walk-In Shower, Vanity, Modern Fixtures, and Tile Flooring. An Additional Three Downstairs Bedrooms with Newer Interior Paint, Raised Panel Doors, Laminate Flooring adjacent to the Spacious Common Bathroom off the Hallway. UPSTAIRS: Main Floor Master Suite features, Walk-In-Closet, Newer Interior Paint, Flooring, and an En-Suite Walk-in-Shower. This Level also included a Separate Family Room, Newer paint and Carpeting plus a bonus half bathroom. It is truly an ideal multi-generational floorplan. The Corner Lot Featuring a Sparkling Pool & Spa, a Large Front Yard with Enclosed Wrought/Block Wall Fence an Added Privacy and a Wide Driveway. The Spacious Yard also Offers RV Parking Potential and there is a Direct Access Two-Car Garage with Built-In Cabinets, Full Size Washer & Dryer Hook-Up, Large Storage Shed. Centrally Located to Shopping Centers, Orange Hill Restaurant, Orange Mining Company, The Toll Roads, 3.8 MI to Chapman University and Old Town Orange (Plaza), Walking Distance to Schools, Easy Access to the 5/22/55/57 Freeways and short distance to Villa Park. No HOA or Mello-Ross. This ONE Will Not Last!.

Condition Rating
Good

Despite being built in 1971, this property has undergone extensive renovations, making it move-in ready. The kitchen features modern stainless steel appliances, updated white cabinetry, and contemporary plank tile flooring. Bathrooms have also been remodeled with modern fixtures and updated tiling, with at least one appearing very recently updated. Newer interior paint, laminate flooring, and carpeting throughout contribute to a fresh and well-maintained interior. While not every component is brand new, the significant updates ensure the home is in excellent functional and aesthetic condition, requiring no immediate renovations.
Pros & Cons

Pros

Versatile Multi-Generational Floorplan: Features an 'ideal multi-generational floorplan' with 5 bedrooms, including a downstairs master suite and an additional upstairs master, offering exceptional flexibility for various living arrangements.
Extensively Remodeled & Move-In Ready: Boasts a 'remodeled kitchen' with stainless steel appliances, updated bathrooms, and 'newer interior paint and flooring' throughout, ensuring a modern, turn-key living experience.
Exceptional Location & Accessibility: Situated in a 'highly sought East Orange neighborhood' with central proximity to shopping, dining, Chapman University, Old Town Orange, schools, and major freeways (5/22/55/57), offering unparalleled convenience.
Desirable Outdoor Living & Utility: A 'corner lot' featuring a 'sparkling pool & spa,' large private yard with block wall fencing, wide driveway, and 'RV Parking Potential,' providing ample space for recreation and storage.
No HOA or Mello-Roos: Absence of Homeowners Association fees and Mello-Roos taxes significantly reduces ongoing ownership costs, enhancing affordability and long-term value.

Cons

Property Age & Unspecified System Updates: Built in 1971, while cosmetically updated, the description does not specify recent upgrades to major systems (e.g., HVAC, plumbing, electrical, roof), which could be a consideration for long-term maintenance.
Multiple Price Reductions: The property has undergone recent 'price improvement' (multiple price drops), which, while beneficial for buyers, may suggest initial overpricing or a slower market absorption rate.
Undefined Subdivision Name: Listed under 'subdivision_name: 'Other',' the lack of a specific, named subdivision might make it less identifiable within the market or potentially complicate comparable sales analysis for some buyers/appraisers.

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