5231 Highland Avenue, Yorba Linda, California 92886, Yorba Linda, - bed, bath

home-pic
ACTIVE$4,000,000
5231 Highland Avenue, Yorba Linda, California 92886
3Beds
2Baths
1,906Sqft
28,973Lot
Year Built
1932
Close
-
List price
$4M
Original List price
$4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25102072
Home ConditionTear down
Features
Excellent View: City Lights, Hills, Trees/Woods
Pool
Patio
ViewCity Lights,Hills,Trees/Woods

About this home

Incredible Development Opportunity on 3.17 Acres in a Prime Yorba Linda Location. This property offers unmatched views rarely found in West Yorba Linda. A unique chance to own two contiguous parcels totaling over 3 acres in the heart of the city. Tucked away on a quiet stretch of Highland Avenue, this unique offering includes a 2.5-acre parcel and an adjacent 0.67-acre lot. both offering endless potential for redevelopment, equestrian use, or a custom family compound.The property currently includes an older ranch-style home and detached structures, ideal for renovation or replacement. With gentle terrain, mature trees, and access to the Yorba Linda horse trail system, this is one of the few remaining multi-acre properties in the area zoned for horses and rural residential use. Whether you envision building a dream estate, creating an equestrian retreat, or exploring future development opportunities (buyer to verify with the city), this property offers a truly exceptional canvas. Utilities on site. No HOA. Minutes from top-rated schools, shopping, and freeway access. Don’t miss this once-in-a-generation land opportunity in one of Orange County’s most sought-after communities. Minimum lot size requirement is 24,200 square feet per dwelling unit.

Price History

Date
Event
Price
05/08/25
Listing
$4,000,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (203 Listings)
Beds34
33%
Baths23
41%
Square foot1,9062,249
34%
Lot Size28,97310,000
96%
Price$4M$1.5M
96%
Price per square foot$2,099$666.5
100%
Built year19329875988
0%
HOA
Days on market181143
73%
Condition Rating
Tear down

Built in 1932, this property is explicitly described as an 'older ranch-style home' ideal for 'renovation or replacement,' with the listing emphasizing its 'development opportunity' and the value of the 3.17-acre land. The exterior images show significant disrepair, including peeling paint, worn structures, and dilapidated outbuildings. The absence of interior photos strongly suggests the interior is in a similar or worse condition, likely unlivable or requiring complete overhaul. The property's age, condition, and marketing as a land opportunity indicate the existing structure is beyond economical repair and its value is solely in the land, aligning with the 'tear-down' criteria.
Pros & Cons

Pros

Significant Development Opportunity: This property offers an incredible development opportunity with 3.17 acres across two contiguous parcels, zoned for rural residential use with a minimum lot size requirement of 24,200 sq ft per dwelling unit, allowing for potential multiple custom homes or a grand estate.
Prime & Secluded Location: Situated in a highly sought-after Yorba Linda community on a quiet stretch of Highland Avenue, providing both exclusivity and convenient access to urban amenities.
Panoramic Views: Boasts 'unmatched views' of City Lights, Hills, and Trees/Woods, enhancing the property's aesthetic appeal and potential value.
Equestrian Zoning & Access: One of the few remaining multi-acre properties zoned for horses and rural residential use, with direct access to the Yorba Linda horse trail system, appealing to a niche market.
Excellent Community Amenities & No HOA: Minutes from top-rated schools, shopping, and freeway access, combined with the absence of an HOA, offers convenience and flexibility for future development.

Cons

Outdated Existing Structures: The property includes an older ranch-style home and detached structures that are 'ideal for renovation or replacement,' indicating significant additional investment will be required for demolition or extensive modernization.
High Capital Requirement: With a list price of $4,000,000 primarily for land value, buyers must anticipate substantial further investment for development, construction, and associated costs.
Extensive Buyer Due Diligence: The description explicitly states 'buyer to verify with the city' regarding future development opportunities, placing the burden of complex zoning and permitting research on the buyer, which can be time-consuming and uncertain.

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