8687 Festival, Chino, California 91708, Chino, 91708 - 4 bed, 4 bath

8687 Festival, Chino, California 91708 home-pic-0
ACTIVE$698,000
8687 Festival, Chino, California 91708
4Beds
4Baths
2,119Sqft
2,329Lot

Price Vs. Estimate

The estimated value ($762,930.24) is $64,930.24 (9%) higher than the list price ($698,000). This property may be underpriced.

Key pros and cons

Top Pros:
Gated Community & Amenities: Situated within the gated Harvest community at The Preserve, residents enjoy access to resort-style amenities including pools, clubhouses, fitness centers, walking trails, and scenic parks, with HOA covering common area maintenance.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2329, living area = 2119.

Compared to the nearby listings

Price:$698.0K vs avg $839.3K ($-141,349)10%
Size:2,119 sqft vs avg 2,435 sqft43%
Price/sqft:$329 vs avg $36132%

More Insights

Built in 2018 (7 years old).
Condition: This property, built in 2018, is practically new and has been recently updated with brand-new wood flooring and fresh interior paint, making it truly move-in ready. The kitchen features a large granite island, dark modern cabinetry, and stainless steel appliances, all indicative of current quality standards. Recessed lighting is prevalent, and the overall aesthetic is clean and contemporary. The presence of a solar panel system further enhances its modern appeal and efficiency. All components appear virtually new with no deferred maintenance.
Year Built
2018
Close
-
List price
$698K
Original List price
$698K
Price/Sqft
$329
HOA
$234
Days on market
-
Sold On
-
MLS number
CV25276789
Home ConditionExcellent
Features
Patio
View-

About this home

Discover this beatifcul 2 story, detached home situated within the gated Harvest community at The Preserve. Recently updated with brand-new wood flooring and fresh interior paint, this 2,120 sq ft residence is move-in ready and stands as one of the most attractive options in Chino. The floor plan is highly functional, featuring a convenient main-floor bedroom and full bathroom that works perfectly for guests, multi-generational living, or a home office. The interior is open and bright, characterized by high ceilings and an abundance of natural light throughout the living spaces. In the kitchen, you’ll find a large granite island, kitchen island , stainless steel appliances, and a walk-in pantry with substantial shelf space for effortless organization. Upstairs, an open loft provides flexible extra living space, leading to a generous primary suite that offers a comfortable and quiet private retreat. This level also features two additional bedrooms, thoughtfully positioned to provide privacy for family members to unwind. Added convenience is found in the individual laundry room downstairs and a direct-access 2-car garage. The property also features solar panel system, providing energy efficiency and cost savings. As part of the gated Preserve community, residents enjoy access to resort-style amenities including pools, clubhouses, fitness centers, walking trails, and scenic parks. The HOA covers common area maintenance and community amenities, ensuring a well-kept environment. Conveniently situated near top-rated schools, shopping, dining, and recreational destinations, this home combines comfort, convenience, and a vibrant lifestyle. Photos with furnitures are virtually staged .

Nearby schools

7/10
Cal Aero Preserve Academy
Public,K-80.6mi
8/10
Chino Hills High School
Public,9-124.0mi

Price History

Date
Event
Price
10/22/18
Sold
$534,500
Condition Rating
Excellent

This property, built in 2018, is practically new and has been recently updated with brand-new wood flooring and fresh interior paint, making it truly move-in ready. The kitchen features a large granite island, dark modern cabinetry, and stainless steel appliances, all indicative of current quality standards. Recessed lighting is prevalent, and the overall aesthetic is clean and contemporary. The presence of a solar panel system further enhances its modern appeal and efficiency. All components appear virtually new with no deferred maintenance.
Pros & Cons

Pros

Gated Community & Amenities: Situated within the gated Harvest community at The Preserve, residents enjoy access to resort-style amenities including pools, clubhouses, fitness centers, walking trails, and scenic parks, with HOA covering common area maintenance.
Modern & Move-in Ready: Built in 2018 and recently updated with brand-new wood flooring and fresh interior paint, this home is move-in ready, offering a contemporary and well-maintained living space.
Functional Floor Plan: The highly functional floor plan includes a convenient main-floor bedroom and full bathroom, ideal for guests or multi-generational living, complemented by an open loft upstairs for flexible living space.
Energy Efficiency: The property features a solar panel system, providing significant energy efficiency and potential cost savings on utilities.
Access to Top-Rated Schools: Conveniently located near top-rated schools, including Chino Hills High School (rating 8) and Cal Aero Preserve Academy (rating 7), making it attractive for families.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2329, living area = 2119.
Small Lot Size: With a lot size of 2,329 sq ft, the property offers limited outdoor space, which may not appeal to buyers seeking a larger yard or extensive landscaping opportunities.
HOA Fees: The property is subject to a monthly association fee of $234.0, which is a recurring cost in addition to the mortgage and property taxes.
Lack of Views: The property explicitly states 'None' for views, indicating an absence of scenic or panoramic vistas, which could be a drawback for some buyers.

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