700 E Lake 111, Orange, California 92866, Orange, 92866 - 1 bed, 1 bath
700 E Lake 111
Orange, California 92866
Property Price
SUMMARY
Analysis of 700 E Lake 111, Orange, California 92866 is currently available with a list price of $555,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Orange 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1979, the property has undergone an extensive and high-end renovation within the last 5 years, meeting the criteria for excellent condition. The kitchen features custom soft-close cabinetry, quartz countertops, and sophisticated LED lighting, while the bathroom has been fully remodeled with travertine flooring, marble accents, and custom plumbing. With newer flooring throughout, a rebuilt staircase, and modern upgrades like remote-controlled blinds and a reverse osmosis system, the home is in like-new condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Interior Upgrades
The property features high-end renovations, including a custom kitchen with quartz countertops and a fully remodeled bathroom with travertine flooring and marble accents.
- Strategic Location
Situated in a private corner of the complex, the home offers immediate proximity to Hart Park and convenient access to the 5, 55, and 22 freeways.
- Modern Functional Features
The unit is equipped with sophisticated additions such as remote-controlled Levolor blinds, a reverse osmosis system, and upgraded dimmable LED lighting throughout.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only one bedroom and 810 square feet of living area, the property may not suit buyers looking for a home office or space for a growing family.
- Lack of Private Garage
The unit provides two carport spaces rather than a private enclosed garage, which may be a drawback for those seeking extra security or enclosed storage.
About 700 E Lake 111
This beautifully upgraded 2-level townhome is located in the sought-after "Morningside on the Lake" community. It features a fully upgraded 1-bedroom, 1-bath unit situated in a very private corner of the complex, just steps away from Hart Park. The kitchen boasts custom soft-close cabinetry enhanced with dimmable pendant lighting and under-cabinet LED lighting, along with a quartz countertop, large brushed stainless steel sink, and a pull-down kitchen faucet. A custom glass-tile backsplash and a garden window with glass tiles complete the elegant look. The bathroom has been fully remodeled with custom plumbing that includes a separate valve for temperature adjustment. You'll find a modern tub, travertine tile surround, travertine flooring with marble accent tiles, linen closet, quartz countertop, double-mirrored medicine cabinet, decorative vanity mirror, and upgraded dimmable lighting. Additional features include newer flooring in the downstairs living room and upstairs loft, upgraded Levolor blinds with remote control, a reverse osmosis system, and a rebuilt staircase with a banister. The townhome also offers 2 carport spaces and easy access to the 5, 55, and 22 freeways.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 450,628 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $425.0 / Month
Neighborhood Insights
Orange Unified Schools
Palmyra Elementary School
Grades K-6 • 0.7 mi
Yorba Middle School
Grades 6-8 • 1.8 mi
Orange High School
Grades 9-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 810 | 593 | 60% |
| Lot Size | 450,628 | 228,220 | 80% |
| Price | $555.0K | $420.0K | 80% |
| Price per sq ft | $685 | $685 | 50% |
| Built year | 1979 | 1968 | 80% |
| HOA | $425.0 | $283 | 80% |
| Days on market | 2 | 141 | 20% |
Pricing History
Listed for Sale
Mar 5, 2026
$555,000
Initial Listing
Sold
Jul 2, 2020
$369,000
Public Record
Sold
Jun 28, 2017
$340,000
Public Record
Sold
Jun 24, 2014
$222,500
Public Record
Sold
Dec 23, 2008
$163,000
Public Record
Sold
Dec 3, 2004
$292,000
Public Record
Sold
May 17, 2002
$162,000
Public Record
Sold
Jul 26, 2001
$137,500
Public Record