Entrance from Cambridge st.
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700 East Lake Drive, 52, Orange, CA 92866

$565K1bd · 1ba · 849 sqft
Lot 450,628 sqft•HOA $425/mo•Condominium•
Active
•151d on market•MLS# OC-26077980

Property Description

WELCOME HOME to the wonderful community of "Morningside on the Lake". UPDATE : ALL kitchen cabinets have been painted ( sprayed, NOT brushed ) and ALL BRAND NEW KITCHEN APPLIANCES Installed:microwave, dish washer, refrigerator and Stove. Everything has been updated and the only thing missing is YOU !! This is a wonderful, upper level end unit ( no one above or below you ); one bedroom, one bath condo spanning 849 sq ft, with your own personal patio to enjoy morning coffee or afternoon drinks. Great living room area, dining area, large oversized Primary bedroom. Large walk-in closet, with plenty of storage space. Off the kitchen area is an open area that could be a great space for a home office. BRAND NEW Ceiling fans in " office " area, dining and bedroom. BRAND NEW hanging lights in both the kitchen and dining area. BRAND NEW wall light fixture in kitchen. Freshly painted interior walls. One car covered parking along with your own storage unit just below your condo. Inside laundry with full washer / dryer. BRAND NEW AC unit. Lush landscaping, bubbling streams and mature trees abound in this quiet, park-like setting. This complex is in its own hidden oasis just minutes from Old Towne Orange ( Orange circle ), with great dining and shopping, Hilbert Museum, Chapman college. Santiago creek trail and Hart park nearby. Close access to 55, 22 and 5 freeways.

Features & Amenities

FeeBuilt 1979

Property Details

Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Heating
Central, Fireplace(s)
Cooling
Central Air
View
Pond, Trees/Woods
Flooring
Carpet, Laminate
City
Orange
Zip Code
92866
County
Orange
Listed byUnknown Office, Brett Coats

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,856.95
Principal & Interest
Loan Amount
$452,000
Total Interest
$576,501
Total Payment Over 30 Years
$1,028,501
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

700 East Lake Drive, 52, Orange, CA 92866

Orange · Condominium

$565K
Affordable Tier
Beds
1
Baths
1
Sqft
849
Lot
10.34 ac
Year
1979
$/Sqft
$665
Pool: Yes✓
Spa: Yes✓
View: Pond, Trees/Woods✓

Listed 15.3% above the median closed sale of $490,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $565K· $665/sqft
Total list price
Closed comps
vs closed median $490K
+$75K (+15.3%)
Active comps
vs active median $500K
+$65K (+13.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $606
+$59 (+9.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
700 LakeOrange197911768450,628$716$549,9006496
4900 ChapmanOrange197611863878$523$451,0005289
4900 Chapman AvenueOrange197611768740$592$455,0003888
660 GlassellOrange196821823228,220$607$499,900386
1800 HeimOrange196321848266,359$590$499,9991085
Total: 5 · Average1.41.0814189,365$605.6$491,159.833.4
Median823$499,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4900 ChapmanOrange197609/25/202611768804$464,999$464,999$6051.006489
4900 Chapman AvenueOrange197608/31/202611768804$450,000$460,000$5991.026188
5744 CreeksideOrange198609/17/202611768178,010$498,900$495,000$6450.994288
129 Cross Creek RoadOrange199010/08/202611738216,386$499,000$490,000$6640.987686
1800 HeimOrange196309/24/202621848266,359$499,999$500,000$5901.0012485
Total: 5 · Average1.21.0778132,472.6$481,999.8$481,999.8$620.6—73.4
Median768$490,000$490,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.