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7474 Devon Lane, Chino, California 91708, Chino, 91708 - 4 bed, 3 bath

7474 Devon Lane, Chino, California 91708 home-pic-0
ACTIVE$815,000
7474 Devon Lane, Chino, California 91708
4Beds
3Baths
2,098Sqft
3,173Lot

Price Vs. Estimate

The estimated value ($745,787.315) is $69,212.685 (8%) lower than the list price ($815,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern Construction & Upgrades: Built in 2018, the home features modern construction, is beautifully maintained, and includes thoughtful upgrades such as a chef-style kitchen with granite countertops and stainless steel appliances, elegant vinyl wood flooring, a tankless water heater, and electric car hookups.
Top Cons:
Overpriced Relative to Market: The current listing price of $815,000 is significantly above the estimated value of $745,787 and recent comparable sales, including a nearly identical property that recently went pending at a much lower price after a reduction, suggesting it may be overpriced.

Compared to the nearby listings

Price:$815.0K vs avg $839.3K ($-24,349)48%
Size:2,098 sqft vs avg 2,435 sqft28%
Price/sqft:$388 vs avg $36477%

More Insights

Built in 2018 (7 years old).
Condition: Built in 2018, this property is virtually new and impeccably maintained. The kitchen features modern dark wood cabinetry, pristine white granite/quartz countertops, a large center island, and high-end stainless steel appliances, all in excellent condition. While no direct image of the primary bathroom is provided, the description indicates modern amenities like a separate soaking tub, shower, and dual sinks, consistent with a recently built home. Flooring (vinyl wood downstairs, plush carpet upstairs) and light fixtures (recessed lighting, modern pendants) are contemporary and show no wear. The overall condition reflects minimal physical depreciation and meets current quality standards.
Year Built
2018
Close
-
List price
$815K
Original List price
$858K
Price/Sqft
$388
HOA
$115
Days on market
-
Sold On
-
MLS number
CV25026683
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Price Enhanced! Stunning 4-Bedroom Home in The Preserve, Chino! Welcome to luxury living in The Preserve at Chino, one of the area's most sought-after communities! Built in 2018, this beautifully maintained 4-bedroom, 3-bathroom home offers 2,098 sq. ft. of modern living space with thoughtful upgrades throughout. Key Features include: Spacious & Functional Layout, there is one bedroom and a full bathroom downstairs, perfect for guests or multi-generational living. The Loft Space Upstairs, is a versatile area for a home office, playroom, or second living space. You will enjoy the chef style kitchen, featuring a large center island, granite countertops, ample cabinetry, and stainless steel appliances, ideal for entertaining. The flooring is elegant vinyl wood flooring downstairs and plush carpet upstairs for comfort and durability. Other amenities include a tankless water heater, solar panel system (transferable lease), and electric car hookups in the garage. Upstairs the rooms are generously sized, and the Primary bedroom offers large walk in closet, as well as a lovely Primary Bathroom with separate soaking tub and shower, along with dual sinks. This home has a bigger backyard than most neighbors which has been upgraded with stamped concrete and gas hookup for your BBQ grill. You’ll Love This Community, as it offers access to top-tier amenities, including parks, pools, clubhouses, fitness centers, and top-rated schools. With its prime location, modern upgrades, and spacious design, this home is a must-see for buyers looking for the perfect blend of comfort and convenience.

Nearby schools

7/10
Cal Aero Preserve Academy
Public,•K-8•1.1mi
8/10
Chino Hills High School
Public,•9-12•2.5mi
Condition Rating
Excellent
Built in 2018, this property is virtually new and impeccably maintained. The kitchen features modern dark wood cabinetry, pristine white granite/quartz countertops, a large center island, and high-end stainless steel appliances, all in excellent condition. While no direct image of the primary bathroom is provided, the description indicates modern amenities like a separate soaking tub, shower, and dual sinks, consistent with a recently built home. Flooring (vinyl wood downstairs, plush carpet upstairs) and light fixtures (recessed lighting, modern pendants) are contemporary and show no wear. The overall condition reflects minimal physical depreciation and meets current quality standards.
Pros & Cons

Pros

Modern Construction & Upgrades: Built in 2018, the home features modern construction, is beautifully maintained, and includes thoughtful upgrades such as a chef-style kitchen with granite countertops and stainless steel appliances, elegant vinyl wood flooring, a tankless water heater, and electric car hookups.
Desirable Community & Amenities: Located in The Preserve at Chino, a highly sought-after community offering top-tier amenities including parks, multiple pools, clubhouses, and fitness centers, enhancing lifestyle and property value.
Functional & Versatile Layout: The layout includes a highly desirable downstairs bedroom and full bathroom, ideal for guests or multi-generational living, plus a versatile upstairs loft space suitable for a home office or additional living area.
Enhanced Outdoor Space: The property boasts a larger backyard compared to many neighbors, featuring upgraded stamped concrete and a gas hookup for a BBQ grill, perfect for outdoor entertaining.
Access to Top-Rated Schools: The home is situated within a district offering access to top-rated schools, including Chino Hills High School and Cal Aero Preserve Academy, a significant draw for families.

Cons

Overpriced Relative to Market: The current listing price of $815,000 is significantly above the estimated value of $745,787 and recent comparable sales, including a nearly identical property that recently went pending at a much lower price after a reduction, suggesting it may be overpriced.
Solar Panel Lease: The solar panel system is a transferable lease, meaning the buyer will incur ongoing monthly lease payments rather than benefiting from full ownership and immediate energy savings.
Association Fees: The property is subject to a monthly association fee of $115.0, which adds to the recurring cost of homeownership.

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