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Opportunity awaits at this value-add property in one of Orange's most desirable neighborhoods! Situated on an expansive 12,640-square-foot lot, this 3-bedroom, 2-bath ranch-style home offers 1,868 square feet of living space and exceptional potential for families or investors looking to create long-term equity. Built in 1952, the home keeps many original features, including hardwood floors, built-in cabinetry, fireplaces, and a functional floor plan. The spacious living room and family room both with fireplaces provide pleasant areas for relaxation and entertainment. The formal dining area is next to both the living room and the large kitchen, which also has a breakfast area. Added features include dual-pane vinyl windows, central heating and air conditioning, a large, gated driveway and abundant on-site parking. A standout feature is the impressive 1,531-square-foot garage with parking for up to eight vehicles in tandem (4&4). With its generous size and flexible layout, the garage offers outstanding potential for a workshop, collector car storage, home business, or future conversion opportunities. Buyers may also explore the possibility of creating an ADU while still keeping tandem parking for up to four vehicles (subject to City of Orange approval and verification). The oversized backyard offers added opportunities for expansion, outdoor living, or future improvements making this property an exceptional candidate for those seeking a home with room to grow. The combination of its prime location near Old Towne Orange dining & shopping, Chapman University athletics and cultural events, versatile garage space, and the expansive lot with redevelopment potential combine to create a rare opportunity. A little imagination and a few restoration projects will return this property to its original 1950’s charm.
Listing agent: Douglas Willits DRE #01787611 dougw@sevengables.com, Listing office: Seven Gables Real Estate
MLS data updated 10/23/2026, 4:24:07 AM PT
Source: CRMLS, MLS #: PW26144887
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 6, 2026
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This home · nearest recorded event
$1,220,000Closed sale · Aug 6, 2026ZIP 92867 · Aug 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.