About This Home

This 2-bedroom, 2-bathroom single family at 173 N Waverly in Orange, CA is listed for $1,225,000 ($977 per sqft). Built in 1946, the home offers 1,254 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1946
  • 0.15 acre lot
  • 2 parking spaces
  • Fireplace

Property Details

1 story
1 full
1-car garage
1946

Amenities

FireplaceA/C
Listing Description

Fully Approved and Permit Ready House Remodel Plans! A thoughtfully reimagined residence nestled in the highly desirable north east quadrant of the Old Town Orange Historic District where historic character, modern comfort, and future value converge. This home presents a rare, meaningful value-add opportunity to own a home in the Old Town Orange Hi

storic District with more than $250,000 invested across property improvements, planning, engineering, historic resource assessment completion, and approvals representing over 13 months of completed groundwork. Fully approved, permit ready house remodel plans envision an approximately 180-square-foot addition to the home to create a future 3 bedroom, 3 bath layout with a luxurious primary suite, walk-in closet, and spa-style primary bath.

Separately, the approximately 300 sqft garage that is proposed for conversion to an ADU is in final review phase for city approval and permits. This would present the potential for a total of 4 bedrooms, 4 bathrooms and approximately 1,729 square feet of living space on the premises.

This is a significant value for a new owner with ready to build, approved plan sets for the home and final building department review for the ADU underway anticipating full approval in coming weeks. Currently, the updated the home features extensive improvements throughout and is being sold with a completed termite clearance.

The new kitchen features quartz countertops and new GE appliances, while updated baths include custom tile, new shower valves, cabinetry and fixtures with a newly reglazed tub. Major system upgrades include new PEX plumbing, a new HVAC system and ducting throughout the home, and a Noritz tankless water heater.

Professionally leveled floors, new laminate flooring, fresh interior texture and paint, and exterior paint provide a polished foundation for everyday living. The private grounds have been transformed into a lush English garden inspired retreat, with more than 80 new plants, commercial-grade Netafim drip irrigation, fresh mulch, and decomposed-granite pathways throughout the lot.

Three mature, highly productive fruit trees (apple, orange, and lemon) complete the setting. Phenomenal location being a little over a 1/2 mile stroll to everything Old Town Orange whether local eats or shopping, approximately 3/4 mile to Chapman University, and 1 mile to the 55 freeway.

Monthly Cost Estimate

$6,552/mo

20% down · 6.5% · 30 years

Principal$886
Interest$5,308
Insurance$357

Estimates only. Actual payments may vary.

Location

173 N Waverly

Orange, CA 92866

Features & Amenities

Interior Features

Quartz CountersRecessed LightingOpen Floorplan

Exterior Features

Rain Gutters

Property Details

Flooring

Laminate

Construction

Wood Siding Vertical Siding Board & Batten Siding Concrete Ducts Professionally Air-Sealed Stucco Glass Drywall Walls HardiPlank Type

Outdoor Features

PorchPatio

Parking

DrivewayGarage

Heating

Heat Pump (Heating)Central

Cooling

Central Air

Appliances

RefrigeratorTankless Water HeaterGas RangeGas OvenDishwasher

Questions & Answers

This 2-bedroom, 2-bathroom single family at 173 N Waverly is listed at $1,225,000 ($977/sqft). The estimated monthly payment is $6,551 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 0.15 acre lot, 2 parking spaces, Fireplace. Interior Features: Quartz Counters, Recessed Lighting, Open Floorplan. Exterior Features: Rain Gutters.

This property is listed by Jenni Abney.

JA

Jenni Abney

License 01265467

Agent at Berkshire Hathaway HomeServices California

Listed by Berkshire Hathaway HomeServices California · Broker phone: (714) 998-8810 · Broker website

MLS# PW26173236· Source: California Regional Multiple Listing Service, Inc· 80 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

173 N Waverly, Orange, CA 92866

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