7241 7241 E Lewis, Orange, California 92869, Orange, 92869 - 6 bed, 6 bath
ACTIVE$2,800,000
7241 7241 E Lewis, Orange, California 92869
6Beds
6Baths
3,815Sqft
52,272Lot
Price Vs. Estimate
The estimated value ($2,800,000) is $0 (0%) lower than the list price ($2,800,000). This property may be overpriced.
Key pros and cons
Top Pros:
Expansive Lot Size: The property features a substantial 52,272 sqft lot, offering exceptional privacy, ample outdoor space, and potential for extensive landscaping or future amenities.
Top Cons:
Property Age: Built in 1985, the home is nearly 40 years old, which may suggest a need for updates to major systems (e.g., HVAC, plumbing, electrical) or interior finishes to meet modern standards and preferences.
Compared to the nearby listings
Price:$2.80M vs avg $1.33M (+$1,469,000)91%
Size:3,815 sqft vs avg 2,187 sqft92%
Price/sqft:$734 vs avg $64483%
More Insights
Built in 1985 (40 years old).
Condition: Despite being built in 1985, this property has undergone an extensive and high-quality renovation, likely within the last 5 years. The kitchen features modern white shaker cabinets, light countertops, new stainless steel appliances, and contemporary lighting. All visible bathrooms are similarly updated with modern vanities, fixtures, and subway-tiled showers. The entire interior boasts consistent light wood-look flooring, fresh white paint, and updated light fixtures, presenting a virtually new and move-in ready condition with a modern farmhouse aesthetic. There is no visible deferred maintenance, and all components meet current quality standards.
Year Built
1985
Close
-
List price
$2.8M
Original List price
$3.33M
Price/Sqft
$734
HOA
-
Days on market
-
Sold On
-
MLS number
OC25227008
Home ConditionExcellent
Features
Good View: Hills
Deck
Pool
Patio
ViewHills
About this home
Condition Rating
Excellent
Despite being built in 1985, this property has undergone an extensive and high-quality renovation, likely within the last 5 years. The kitchen features modern white shaker cabinets, light countertops, new stainless steel appliances, and contemporary lighting. All visible bathrooms are similarly updated with modern vanities, fixtures, and subway-tiled showers. The entire interior boasts consistent light wood-look flooring, fresh white paint, and updated light fixtures, presenting a virtually new and move-in ready condition with a modern farmhouse aesthetic. There is no visible deferred maintenance, and all components meet current quality standards.
Pros & Cons
Pros
Expansive Lot Size: The property features a substantial 52,272 sqft lot, offering exceptional privacy, ample outdoor space, and potential for extensive landscaping or future amenities.
Generous Living Space: With 6 bedrooms and 6 bathrooms spread across 3815 sqft, the residence provides ample room for large families, multi-generational living, or dedicated spaces for various needs.
Desirable Location: Located in the 'Canyon Hills' subdivision of Orange, California, the property benefits from a sought-after residential area known for its community appeal.
Scenic Views: The property offers desirable hill views, enhancing its aesthetic appeal and providing a pleasant backdrop for daily living and outdoor enjoyment.
Recent Price Adjustment: A significant price reduction from $3.333M to $2.8M makes the property more competitive and potentially attractive to buyers seeking value in the current market.
Cons
Property Age: Built in 1985, the home is nearly 40 years old, which may suggest a need for updates to major systems (e.g., HVAC, plumbing, electrical) or interior finishes to meet modern standards and preferences.
Significant Price Drop Implication: While a benefit for buyers, a substantial price reduction of over $500,000 could raise questions among potential buyers regarding the property's initial valuation or potential underlying issues.
Lack of Renovation Details: Without explicit information on recent major renovations or upgrades, buyers might assume the property largely retains its original 1985 condition, potentially requiring significant investment for modernization.