11331 Chapman Avenue, Garden Grove, California 92840, Garden Grove, - bed, bath

home-pic
ACTIVE$2,999,999
11331 Chapman Avenue, Garden Grove, California 92840
6Beds
4Baths
4,775Sqft
13,300Lot
Year Built
2017
Close
-
List price
$3M
Original List price
$3.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25098718
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to a Rebuilt Dream Home (2017) at 11331 Chapman Ave. The main house has six bedrooms and four bathrooms, and the ADU has two bedrooms, two bathrooms, and a garage. There is also more room to add a 2nd ADU. This is a true gem nestled in the heart of Garden Grove. This exceptional home offers not just a place to live, but a lifestyle of luxury, convenience, and financial stability. Strategically positioned just moments away from the most pristine cities in Orange County, where property values remain consistently high, this residence boasts the best of both worlds: the allure of Orange County living and the convenience of city accessibility. This isn't just any home; it's a savvy investment opportunity. The property is gated for enhanced security and peace of mind, adding an extra layer of comfort to your living experience. One of its standout features is an expansive accessory dwelling unit (ADU), built in 2020. This unit includes 2 bedrooms, 2 bathrooms, and a garage with a private entrance—an incredibly valuable asset that can effortlessly generate substantial income. The ADU is currently rented to long-term tenants for $2,700/month, offering you financial independence and exceptional privacy. Elegance meets functionality in this thoughtfully designed home. The interiors are adorned with modern finishes, creating a sophisticated and comfortable environment perfect for both relaxation and entertaining. Enjoy spacious living areas, an oversized kitchen ideal for culinary enthusiasts, and serene bedrooms that serve as private sanctuaries after a long day. Step outside to embrace the essence of Orange County living with a backyard oasis designed for gatherings and relaxation. Whether you're hosting lively get-togethers or enjoying quiet moments with family and friends, this outdoor space is perfect for creating cherished memories. Seize the opportunity to own a piece of the Orange County dream—where luxury meets financial savvy. With its gated security, prime location, income-generating potential, and serene privacy, this property is a rare find that won’t last long on the market. Make this your sanctuary, your investment, your future. Call for your viewing today and start your new beginning.

Price History

Date
Event
Price
08/08/25
Price Change
$2,999,999
05/04/25
Listing
$3,299,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (77 Listings)
Beds63
95%
Baths42
88%
Square foot4,7751,582
99%
Lot Size13,3007,481
95%
Price$3M$1.04M
99%
Price per square foot$628$646
44%
Built year20179775978
96%
HOA
Days on market184150
63%
Condition Rating
Excellent

This property, described as a 'Rebuilt Dream Home' in 2017 with an ADU built in 2020, is virtually new. The images confirm its excellent condition, showcasing a modern kitchen with white shaker cabinets, high-end countertops, and stainless steel appliances. Bathrooms feature contemporary designs with glass-enclosed showers, updated vanities, and clean tiling. Flooring throughout is a mix of large format tile and wood-look, all appearing in pristine condition. All components meet current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' rating criteria.
Pros & Cons

Pros

Significant Income Potential: Features a modern, rented ADU ($2,700/month) built in 2020 and space for a potential second ADU, offering substantial immediate and future income generation.
Newer Construction & Modern Amenities: The main house was rebuilt in 2017 and the ADU in 2020, ensuring contemporary design, modern finishes, and reduced immediate maintenance concerns for a buyer.
Expansive Living Space & Lot: Boasts a large main house (6 beds/4 baths, 4775 sqft total) on a generous 13,300 sqft lot, providing ample room for large families, entertaining, and outdoor activities.
Strategic Orange County Proximity: Positioned near 'pristine cities in Orange County,' offering convenient access to upscale amenities, employment centers, and areas with consistently high property values.
Enhanced Security & Privacy: The property is gated, providing an added layer of security and peace of mind, which is a desirable feature for many buyers.

Cons

Absence of Desirable Views: The property explicitly states 'view: None,' which can be a drawback for buyers in this price range who often seek scenic or panoramic views in Orange County.
Garden Grove Market Perception: While strategically located, Garden Grove may not carry the same prestige or perceived value as the 'pristine cities' it's near, potentially limiting its appeal to a segment of luxury buyers.
Recent Price Adjustment: A notable price reduction from $3.299M to $2.999999M could suggest initial overpricing or extended market time, potentially raising buyer questions about its true market value or desirability.

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