5485 Twin Lakes Drive, Cypress, California 90630, Cypress, - bed, bath
ACTIVE$575,000
5485 Twin Lakes Drive, Cypress, California 90630
2Beds
2Baths
993Sqft
154,996Lot
Year Built
1979
Close
-
List price
$575K
Original List price
$605K
Price/Sqft
-
HOA
$548
Days on market
-
Sold On
-
MLS number
25536139
Home ConditionFair
Features
Good View: Lake, Pond, Water
Patio
ViewLake, Pond, Water
About this home
Welcome Home! Nestled alongside a serene lake and tranquil pond filled with koi fish, ducks, and turtles, this beautiful 2-bedroom, 1.5-bathroom, two-level home offers peaceful nature views right outside your patio window. Whether you're enjoying your morning coffee or winding down at the end of the day, the sights and sounds of nature create a truly calming atmosphere. This charming unit features a spacious 2-car garage, thoughtful layout, and a motivated seller ready to make a move. Perfect for a buyer who values comfort, beauty, and a connection to the outdoors don't miss the opportunity to make this special home your own!
Price History
Date
Event
Price
09/30/25
Price Change
$575,000-1.5%
09/17/25
Price Change
$584,000-0.8%
08/14/25
Price Change
$589,000
05/08/25
Listing
$605,000
01/25/01
Sold
$163,000
02/18/94
Sold
$116,500
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (20 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 993 | 1,142 | 29% |
| Lot Size | 154,996 | 135,220 | 52% |
| Price | $575K | $640K | 24% |
| Price per square foot | $579 | $588 | 48% |
| Built year | 1979 | 1979 | 50% |
| HOA | $548 | $415 | 90% |
| Days on market | 181 | 181 | 50% |
Condition Rating
Fair
The property was built in 1979, making it 45 years old. While the kitchen features updated stainless steel appliances (range, microwave), the cabinets and countertops appear original or significantly dated, requiring modernization. The living areas have laminate flooring, which is an update, but the overall aesthetic suggests a home that has been maintained but not extensively renovated in recent decades. Without images of the bathrooms, it's assumed they are in a similar condition to the kitchen, needing updates to meet current standards. The property is functional but shows signs of being outdated.
Pros & Cons
Pros
Exceptional Water Views: The property boasts unique and serene views of a lake and tranquil pond, complete with koi fish, ducks, and turtles, creating a peaceful and calming atmosphere directly from the patio.
Spacious 2-Car Garage: A significant advantage for a condominium, providing ample parking and additional storage space.
Motivated Seller: The listing explicitly states a 'motivated seller ready to make a move,' further supported by multiple price reductions, indicating potential for a favorable negotiation.
Thoughtful Layout: The unit features a 'thoughtful layout,' suggesting an efficient and well-designed use of the interior space for comfort and functionality.
Connection to Nature: Offers a strong connection to the outdoors and natural surroundings, appealing to buyers who prioritize peace, beauty, and a calming environment.
Cons
High Monthly Association Fee: The $548 monthly association fee is substantial and adds a significant recurring cost to homeownership, which may impact affordability for some buyers.
Limited Bathroom Count: With 1.5 bathrooms for a 2-bedroom unit, it may not meet the preferences or needs of all potential buyers, particularly those seeking two full baths.
Smaller Interior Square Footage: At 993 sqft, the living space is relatively compact for a 2-bedroom unit, which could be a limiting factor for buyers desiring more expansive rooms or overall space.