1571 Lima Way 5, Placentia, California 92870, Placentia, - bed, bath
ACTIVE$605,000
1571 Lima Way 5, Placentia, California 92870
1Bed
2Baths
807Sqft
241,096Lot
Year Built
2023
Close
-
List price
$605K
Original List price
$605K
Price/Sqft
-
HOA
$218
Days on market
-
Sold On
-
MLS number
DW25214346
Home ConditionExcellent
Features
Good View: City Lights
Deck
ViewCity Lights
About this home
Welcome to this stylish tri-level condo. Built just 2 years ago, this home features an open-concept living space, perfect for entertaining. The primary suite takes up the entire top floor, offering privacy and comfort, while the convenient attached 1-car garage adds everyday ease. With 1 bedroom, 1.5 baths, and modern finishes throughout, this move-in ready home combines contemporary design with low-maintenance living. Community features private gate entrance, barbecue, playground and basketball court.
Price History
Date
Event
Price
09/11/25
Listing
$605,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (36 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 5% |
| Baths | 2 | 3 | 46% |
| Square foot | 807 | 1,162 | 3% |
| Lot Size | 241,096 | 40,530 | 65% |
| Price | $605K | $652K | 38% |
| Price per square foot | $750 | $573 | 97% |
| Built year | 2023 | 1997 | 78% |
| HOA | $218 | $370 | 14% |
| Days on market | 54 | 147 | 8% |
Condition Rating
Excellent
This property was built in 2023, making it only 2 years old. The MLS description highlights 'modern finishes throughout' and 'move-in ready' condition. The images confirm a contemporary design with new stainless steel appliances, white shaker cabinets, quartz countertops in the kitchen, and modern fixtures in the bathrooms. All components appear virtually new with no signs of wear or deferred maintenance, perfectly aligning with the 'excellent' condition criteria.
Pros & Cons
Pros
New Construction (2023): Built just two years ago, this condo offers modern building standards, energy efficiency, and minimal immediate maintenance concerns.
Modern Open-Concept Design: Features a stylish, open-concept living space with contemporary finishes throughout, ideal for entertaining and modern living.
Private Top-Floor Primary Suite: The entire top floor is dedicated to the primary suite, providing an exclusive and private retreat with enhanced comfort.
Convenient Attached Garage: Includes a convenient attached 1-car garage, offering direct access, added security, and storage.
Desirable Community Amenities: Residents benefit from a private gated entrance and community features such as a barbecue area, playground, and basketball court.
Cons
Limited Bedroom Count: With only 1 bedroom, the property may not accommodate families or individuals requiring additional space for guests or a home office.
Compact Living Space: At 807 square feet, the unit offers a relatively small footprint, which might be a constraint for some buyers seeking more expansive living areas.
Monthly HOA Fees: The property is subject to a monthly association fee of $218, representing an additional recurring cost for ownership.