129 S Kathleen Lane, Orange, California 92869, Orange, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$1,199,000
129 S Kathleen Lane, Orange, California 92869
3Beds
2Baths
1,459Sqft
11,761Lot
Year Built
1962
Close
-
List price
$1.2M
Original List price
$1.27M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25224852
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

*Two homes on a large lot* Set on a spacious quarter-acre lot in an established neighborhood, this charming 3 bedroom, 2 bath home offers many opportunities. With approximately 1,450 SF of living space, the single-story layout provides a warm and inviting flow - perfect for both everyday living and entertaining. What sets this property apart is the detached ADU, complete with its own private entrance, dedicated parking and attached garages. Ideal for multi-generation living, guests, or generating rental income, the ADU provides independence and privacy while enhancing the property's versatility. This home is ideally located near top-rated schools, local parks, shopping, dining, and minutes away from the Orange Circle and Chapman University. With easy freeway access, commutes to surrounding business centers are convenient, while weekends can be spent relaxing at nearby beaches, hiking in Santiago Oaks Regional Park or exploring Disneyland. FHA and VA buyers welcomed.

Price History

Date
Event
Price
10/23/25
Price Change
$1,199,000-5.4%
09/30/25
Listing
$1,268,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (88 Listings)
Beds34
30%
Baths23
42%
Square foot1,4592,177
15%
Lot Size11,7618,000
82%
Price$1.2M$1.31M
25%
Price per square foot$822$650
91%
Built year19621973
26%
HOA
Days on market36159
2%
Condition Rating
Fair

The property, built in 1962, presents a mixed condition. The main house features a very dated kitchen with oak cabinets, tile countertops, older appliances (except for a newer dishwasher), and fluorescent lighting, along with dated patterned carpet in the living area. These elements indicate a need for substantial renovation in the primary residence. However, the detached ADU appears significantly more updated with modern flooring, white walls, and vaulted ceilings, offering a more contemporary and move-in ready living space. While the main house's condition leans towards 'Poor' due to the extent of necessary updates, the presence of a functional and appealing updated ADU elevates the overall property condition to 'Fair', as it provides a valuable, modern secondary unit.
Pros & Cons

Pros

Detached ADU with Income Potential: The property features a detached ADU with its own private entrance, dedicated parking, and attached garages, offering significant versatility for multi-generational living, guest accommodation, or generating rental income.
Spacious Lot Size: Situated on a generous quarter-acre (11,761 sqft) lot, providing ample outdoor space and potential for further landscaping or expansion in a desirable urban setting.
Prime Location & Accessibility: Ideally located near top-rated schools, local parks, shopping, dining, Orange Circle, Chapman University, and offers easy freeway access, enhancing convenience and lifestyle.
Single-Story Layout: The main home's single-story design offers broad appeal, providing ease of access and a comfortable, flowing layout suitable for various demographics.
Broad Buyer Eligibility: The property welcomes FHA and VA buyers, significantly expanding the potential buyer pool and marketability.

Cons

Age of Construction: Built in 1962, the property may require updates to systems, finishes, or overall aesthetic to meet modern buyer expectations and could incur higher maintenance costs.
Pricing Strategy & Market Perception: A recent price reduction from $1.268M to $1.199M, coupled with the current listing price being above the estimated market value, suggests potential market resistance or initial overpricing.
Lack of Main House Modernization Details: While the ADU is well-described, the main house is only noted as 'charming,' with no mention of recent renovations or modern updates, implying it may be dated compared to contemporary standards.

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