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15849 Ellington Way, Chino Hills, California 91709, Chino Hills, 91709 - 4 bed, 3 bath

15849 Ellington Way, Chino Hills, California 91709 home-pic-0
ACTIVE$998,000
15849 Ellington Way, Chino Hills, California 91709
4Beds
3Baths
2,019Sqft
2,346Lot

Price Vs. Estimate

The estimated value ($886,773) is $111,227 (11%) lower than the list price ($998,000). This property may be overpriced.

Key pros and cons

Top Pros:
Newer Construction & Modern Design: Built in 2018, this residence features a contemporary design with soaring 10-foot ceilings, an expansive open layout, and abundant natural light, offering modern elegance.
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 = 2346, living area = 2019.

Compared to the nearby listings

Price:$998.0K vs avg $1.09M ($-92,000)42%
Size:2,019 sqft vs avg 2,198 sqft42%
Price/sqft:$494 vs avg $51341%

More Insights

Built in 2018 (7 years old).
Condition: Built in 2018, this property is only 6 years old, meeting the 'built within 10 years' criterion for an excellent score. The description highlights a 'gourmet kitchen with a sleek quartz center island' and a 'luxurious bathtub' in the master suite, along with 'upgraded wood flooring,' indicating modern, high-quality finishes and features throughout, consistent with a virtually new home.
Year Built
2018
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$494
HOA
$173
Days on market
-
Sold On
-
MLS number
CV25099401
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to this stunning 4-bedroom, 2.5-bathroom residence ideally situated in the heart of Chino Hills. Designed with a soaring 10-foot ceiling and an expansive open layout, this home is filled with natural light and exudes modern elegance. The gourmet kitchen features a sleek quartz center island, perfect for entertaining, while the upgraded wood flooring adds warmth and style throughout. The spacious master suite boasts a walk-in closet and a luxurious bathtub for ultimate comfort. Laundry is conveniently located on the second floor, and the attached garage provides ample space for 2 vehicles. Located within a secure residential community, this private retreat offers peace of mind while being just steps away from top-rated Chino Hills High School, shopping centers, supermarkets, Starbucks, banks, restaurants, and many other everyday conveniences. With a super low tax rate and unbeatable location, this property presents an incredible opportunity for homeowners and investors alike. Don’t miss out—this could be one of the best investments you ever make!

Condition Rating
Excellent
Built in 2018, this property is only 6 years old, meeting the 'built within 10 years' criterion for an excellent score. The description highlights a 'gourmet kitchen with a sleek quartz center island' and a 'luxurious bathtub' in the master suite, along with 'upgraded wood flooring,' indicating modern, high-quality finishes and features throughout, consistent with a virtually new home.
Pros & Cons

Pros

Newer Construction & Modern Design: Built in 2018, this residence features a contemporary design with soaring 10-foot ceilings, an expansive open layout, and abundant natural light, offering modern elegance.
Premium Interior Finishes: The home boasts a gourmet kitchen with a sleek quartz center island, upgraded wood flooring throughout, and a spacious master suite with a walk-in closet and luxurious bathtub.
Prime Location & Accessibility: Located within a secure residential community, the property offers unbeatable proximity to top-rated Chino Hills High School, extensive shopping centers, dining, and essential services.
Favorable Financial Aspect: The property benefits from a 'super low tax rate,' significantly reducing long-term ownership costs and enhancing its appeal to both homeowners and investors.
Strong Investment Potential: Positioned as an 'incredible opportunity for homeowners and investors alike,' the property's desirable features and location suggest strong appreciation potential.

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 = 2346, living area = 2019.
Significant Overpricing: The current listing price of $998,000 is substantially above the estimated property value of $886,773 and higher than a larger, recently sold comparable property on the same street.
Limited Lot Size: With a lot size of 2,346 sqft, the property offers minimal outdoor space, which may not appeal to buyers seeking a larger yard or potential for outdoor expansion.
Lack of Desirable Views: The property description explicitly states 'view: None,' which could be a drawback for buyers in a competitive market who often prioritize scenic views.

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