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Welcome to 1201 Sheppard Drive, a single level ranch-style home tucked into the heart of Raymond Hills and offered for the first time in 33 years. Sitting on a uniquely shaped 11,616 SQFT lot, this is a home with great bones, an incredible setting, and the kind of potential that gives its next owner an opportunity to make something truly special. Inside, the three bedroom, two bathroom floor plan spans 1,711 square feet and is filled with natural light throughout. The living room is anchored by a brick fireplace, while the kitchen and adjoining living spaces open toward the backyard. Nearly the entire rear wall of the kitchen is lined with windows, filling the space with natural light and creating a connection to the outdoors that is hard to replicate. The home is almost entirely single level, with just one step before the front door, while a sunroom at the front of the property provides another place to relax and take in south facing peek-a-boo views. Out back is where the possibilities really begin. A large covered patio extends the living space outdoors, while the size and unique configuration of the lot leave plenty of room to reimagine what comes next. Whether that means creating an entertainer's backyard with a pool, expanding the existing footprint, or designing a detached ADU, there is space here to make the property your own. What has kept this home in the same hands for more than three decades goes beyond the property itself. Raymond Hills is one of Fullerton's most established neighborhoods, known for its quiet streets, sense of community, and hillside setting. Neighbors come together for Skyline Socials, while Hillcrest Park, Fullerton High School, Fullerton College, and Downtown Fullerton are all within walking distance. 1201 Sheppard Drive isn't a finished product, and that's exactly what makes it exciting. It's an opportunity to take a well loved home in a neighborhood people rarely want to leave and create something special for the next generation.
Listing agent: Maxwell Thurman DRE #02038853 max@thurmangroupre.com, Listing office: T.N.G. Real Estate Consultants
MLS data updated 10/23/2026, 4:53:48 PM PT
Source: CRMLS, MLS #: PW26176200
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 15, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,181,000Closed sale · Sep 15, 2026ZIP 92831 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.