5152 Lakeview, Yorba Linda, California 92886, Yorba Linda, 92886 - 3 bed, 2 bath
ACTIVE$1,899,000
5152 Lakeview, Yorba Linda, California 92886
3Beds
2Baths
1,403Sqft
21,100Lot
Year Built
1948
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$1,354
HOA
-
Days on market
-
Sold On
-
MLS number
PW25255084
Home ConditionTear down
Features
ViewNeighborhood
About this home
We found 3 Cons,6 Pros. Rank: price - $1.90M(73th), sqft - 1403(10th), beds - 3(34th), baths - 2(39th).
Bring your Engineer and contractor to build several homes in heart of Yorba Linda. 21,100 Square Feet of Flat land with 206 feet frontage. Drive by only to see the potential of this property.
Price History
Date
Event
Price
11/06/25
Listing
$1,899,000
01/12/17
Sold
$659,000
10/22/02
Sold
$350,000
Condition Rating
Tear down
The property was built in 1948, making it 76 years old. The listing description explicitly states, 'Bring your Engineer and contractor to build several homes' and 'Drive by only to see the potential of this property,' indicating the existing structure is not the primary value. The property analysis further confirms this, noting the '1948-built house is likely a tear-down' and that the 'Drive by only' instruction suggests it's 'not in showable condition.' No interior photos are provided, which is consistent with a property intended for demolition. The value is clearly in the large, flat land for redevelopment, not the existing, unmaintained structure.
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 = 21100, living area = 1403.
Significant Development Potential: The property offers substantial potential for building 'several homes' on its large lot, making it highly attractive to developers and investors.
Large, Flat Lot: Boasting 21,100 square feet of flat land, the property provides an ideal and cost-effective foundation for new construction or subdivision.
Prime Location: Situated in the 'heart of Yorba Linda,' a desirable and affluent community, enhancing the value and marketability of future developments.
Generous Frontage: With 206 feet of frontage, the lot offers excellent access and flexibility for designing multiple homes or a comprehensive development plan.
Reputable School District: Located within the Placentia-Yorba Linda Unified School District, a strong selling point for future homeowners with families.
Cons
Existing Structure Condition: The 1948-built house is likely a tear-down, implying additional demolition costs and no immediate value contribution from the existing dwelling.
Limited Access/Viewing: The 'Drive by only' instruction suggests the existing property is not in showable condition, potentially raising concerns about its state and requiring significant upfront work.
High Initial Investment: The list price of $1.899 million for a property primarily valued for its land represents a substantial upfront cost, potentially narrowing the pool of interested developers.