831 W Las Palmas Drive, Fullerton, California 92835, Fullerton, 92835 - 6 bed, 5 bath

831 W Las Palmas Drive, Fullerton, California 92835 home-pic-0
ACTIVE$3,999,000
831 W Las Palmas Drive, Fullerton, California 92835
6Beds
5Baths
5,582Sqft
21,214Lot

Price Vs. Estimate

The estimated value ($2,645,940.375) is $1,353,059.625 (33%) lower than the list price ($3,999,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unparalleled Privacy & Security: The property offers exceptional privacy and security with three gated entrances, including a private gated rear entrance to the 4-car garage, and ample parking for up to 10 vehicles on a lush corner lot.
Top Cons:
Significant Price Discrepancy: The current listing price of $3.999M is substantially higher than the estimated property value of $2.646M, indicating a potential overpricing that could challenge market interest and absorption.

Compared to the nearby listings

Price:$4.00M vs avg $1.35M (+$2,648,912)99%
Size:5,582 sqft vs avg 2,167 sqft99%
Price/sqft:$716 vs avg $63674%

More Insights

Built in 2002 (23 years old).
Condition: The property, built in 2002, has undergone extensive recent renovations, including a 'remodeled chef’s kitchen' with stainless steel appliances, custom cabinetry, and modern lighting, and a 'spa-inspired primary bathroom' with contemporary fixtures and large format tiling. Key system upgrades like a 'new AC system' and 'PEX piping' further indicate a high level of recent investment and maintenance. The overall aesthetic, as seen in the images, is luxurious and virtually new, with no visible deferred maintenance, aligning with the criteria for an excellent score.
Year Built
2002
Close
-
List price
$4M
Original List price
$4.2M
Price/Sqft
$716
HOA
-
Days on market
-
Sold On
-
MLS number
IG24237533
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Mountain(s), Panoramic
Pool
Spa
Patio
ViewCity Lights,Hills,Mountain(s),Panoramic

About this home

ELEGANT ESTATE HOME | PRIVATE GATED ENTRIES | 6-BED/5-BATH | POOL + SPA | Welcome to the epitome of luxury California living! This exquisite 6-bedroom, 5-bath estate home is a true sanctuary for the discerning buyer seeking privacy, elegance, & unmatched indoor-outdoor living. Nestled on a lush corner lot, this property boasts 3 gated entrances, a sophisticated entry complete with panoramic city views, & a private gated rear entrance to its 4-car garage. As you step through the double-door grand entrance, you're greeted by breathtaking architectural details including a sweeping grand staircase, multiple chandeliers, intricate coffered ceilings, & soaring windows that flood the space with natural light. The formal living room & dining room grace the front of the home & provide exquisite entertaining space. The remodeled chef’s kitchen is a culinary dream, featuring an open concept, stainless steel appliances, an oversized island, breakfast bar, walk-in pantry, custom cabinetry and lighting, and self-closing doors and drawers. Whether you're a seasoned chef or a home cook, this kitchen is designed to inspire & impress. The adjacent family room offers the perfect space for gatherings, complete with front balcony & access to your backyard oasis. Upstairs, the elegant primary suite serves as a private retreat featuring a dual-sided fireplace, a spacious sitting area, & a private balcony with stunning mountain & city views. The spa-inspired primary bathroom offers a deep soaking tub, oversized walk-in shower, dual vanities, & custom storage. 3 additional upstairs bedrooms, each with walk-in closets, & upgraded bathrooms provide comfort & style. The expansive loft is ideal for entertainment. The first floor has 2 additional bedrooms & baths, perfect for multi-generational living. Additional highlights include custom window treatments, recessed lighting, 3 fireplaces, a new AC system, & PEX piping. The outdoor space is an entertainer's paradise. Relax by the saltwater pool, enjoy the gazebo-covered spa with a cascading waterfall, or refresh under the outdoor shower. Host al fresco dinners at the built-in BBQ island or unwind by the fire pit surrounded by the expansive grassy area. The 4-car garage with epoxy flooring & built-in storage rounds out ample parking for up to 10 vehicles. Situated near major freeways, premier shopping & dining destinations, this home combines convenience with luxury. Seize the rare opportunity to make this private estate your home.

Condition Rating
Excellent

The property, built in 2002, has undergone extensive recent renovations, including a 'remodeled chef’s kitchen' with stainless steel appliances, custom cabinetry, and modern lighting, and a 'spa-inspired primary bathroom' with contemporary fixtures and large format tiling. Key system upgrades like a 'new AC system' and 'PEX piping' further indicate a high level of recent investment and maintenance. The overall aesthetic, as seen in the images, is luxurious and virtually new, with no visible deferred maintenance, aligning with the criteria for an excellent score.
Pros & Cons

Pros

Unparalleled Privacy & Security: The property offers exceptional privacy and security with three gated entrances, including a private gated rear entrance to the 4-car garage, and ample parking for up to 10 vehicles on a lush corner lot.
Luxurious & Updated Interior: The home boasts breathtaking architectural details such as a sweeping grand staircase, multiple chandeliers, intricate coffered ceilings, and soaring windows. It features a remodeled chef’s kitchen with high-end appliances and a spa-inspired primary bathroom, complemented by recent upgrades like a new AC system and PEX piping.
Resort-Style Outdoor Living: The outdoor space is an entertainer's paradise, featuring a saltwater pool, a gazebo-covered spa with a cascading waterfall, an outdoor shower, a built-in BBQ island, a fire pit, and an expansive grassy area.
Expansive & Versatile Floor Plan: With 6 bedrooms and 5 baths, including two bedrooms and baths on the first floor ideal for multi-generational living, and an expansive loft, the property offers significant space and flexibility for various lifestyle needs.
Panoramic City & Mountain Views: The estate provides sophisticated entry views of the city and stunning panoramic mountain and city views from the primary suite's private balcony, enhancing its aesthetic appeal and value.

Cons

Significant Price Discrepancy: The current listing price of $3.999M is substantially higher than the estimated property value of $2.646M, indicating a potential overpricing that could challenge market interest and absorption.
High Price Relative to Recent Sales: A comparable property (417 W Las Palmas Drive) with similar specifications and a larger lot recently sold for $2.9M, suggesting the subject property's current list price may be less competitive in the immediate market.
Potential for High Ongoing Costs: As a large luxury estate with extensive amenities (pool, spa, multiple gates, large lot), the property will likely incur significant ongoing expenses for property taxes, utilities, landscaping, and general maintenance, which could be a consideration for potential buyers.

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