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481 N Wheatgrass Drive, Orange, California 92869, Orange, 92869 - 3 bed, 3 bath

481 N Wheatgrass Drive, Orange, California 92869 home-pic-0
ACTIVE$850,000
481 N Wheatgrass Drive, Orange, California 92869
3Beds
3Baths
1,516Sqft
28,909Lot
Year Built
1996
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$561
HOA
$186.28
Days on market
-
Sold On
-
MLS number
OC25172470
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $850.0K(7th), sqft - 1516(15th), beds - 3(33th), baths - 3(50th).

Opportunity Knocks in Orange! 3-Bedroom Home close to Santiago and Chapman Colleges. Welcome to 481 N Wheatgrass Drive, a two-story, 3-bedroom, 2.5-bath home located in a highly desirable neighborhood of Orange. Offering 1,516 sq. ft. of living space, attached 2-car garage with direct access, this property is full of potential for buyers looking to personalize and add value with a little TLC. Abundant natural light, a functional kitchen ready for your upgrades, and a low maintenance backyard. Upstairs, you'll find a primary suite with its own bath, along with two additional bedrooms and a full bathroom. This is a fantastic opportunity for investors, DIY enthusiasts, or homeowners looking to customize a home to their taste. With some cosmetic updates and care, this property could truly shine. Don’t miss the chance to build equity and create your dream home in one of Orange County’s most sought-after locations!

Price History

Date
Event
Price
08/08/25
Listing
$850,000
Condition Rating
Fair
Built in 1996, this property is 28 years old. The kitchen features dated light wood cabinets, black granite countertops, and older tile flooring, despite having some newer stainless steel appliances. The bathrooms also show significant age with dated vanities, fixtures, and lighting. While the home appears well-maintained and functional, the interior finishes, particularly in the kitchen and bathrooms, are outdated and require substantial cosmetic updates to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28909, living area = 1516.
Prime Location: Situated in a highly desirable Orange neighborhood, offering proximity to Santiago and Chapman Colleges, appealing to families and potential renters.
Value-Add Opportunity: Explicitly marketed as having significant potential for personalization, upgrades, and equity building, ideal for investors or DIY-oriented buyers.
Functional Two-Story Layout: Features a practical 3-bedroom, 2.5-bath, two-story floor plan with a primary suite, suitable for various living arrangements.
Attached Two-Car Garage: Provides convenient direct access and secure parking, a desirable feature for homeowners.
Abundant Natural Light: The property benefits from ample natural light, enhancing the living environment and perceived spaciousness.

Cons

Requires Significant Updates: The description indicates the kitchen is 'ready for your upgrades' and the home needs 'cosmetic updates and care,' suggesting immediate renovation costs.
Monthly Association Fees: A recurring monthly association fee of $186.28 adds to the ongoing cost of ownership.
Lack of Notable Views: The property detail explicitly states 'view: None,' which might be a drawback for buyers seeking scenic vistas in Orange County.

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