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5231 Highland Ave, Yorba Linda, CA, 92886

3beds
2baths
1,906sqft
$2,900,000
$1,522price/sqft
$18,300/moest. monthly cost
$732,000/yrincome needed

About This Home

Incredible Development Opportunity on 3.17 Acres in a Prime Yorba Linda Location. This property offers unmatched views rarely found in West Yorba Linda. A unique chance to own two contiguous parcels totaling over 3 acres in the heart of the city. Tucked away on a quiet stretch of Highland Avenue, this unique offering includes a 2.5-acre parcel and an adjacent 0.67-acre lot. both offering endless potential for redevelopment, equestrian use, or a custom family compound.The property currently includes an older ranch-style home and detached structures, ideal for renovation or replacement. With gentle terrain, mature trees, and access to the Yorba Linda horse trail system, this is one of the few remaining multi-acre properties in the area zoned for horses and rural residential use. Whether you envision building a dream estate, creating an equestrian retreat, or exploring future development opportunities (buyer to verify with the city), this property offers a truly exceptional canvas. Utilities on site. No HOA. Minutes from top-rated schools, shopping, and freeway access. Don’t miss this once-in-a-generation land opportunity in one of Orange County’s most sought-after communities. Minimum lot size requirement is 24,200 square feet per dwelling unit.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

9/10
9/10
9/10
Esperanza High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1932

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Common Area

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Cooling

  • Cooling features: Central Air

Features

  • All Bedrooms Down
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 1,906 sqft

Property

Details

  • Parcel number: 34359116
  • Special condition: Standard,Trust
  • Horse amenities: Riding Trail

Features

  • Levels: One,Three Or More
  • Stories: 1
  • Entry location: First level
  • Private pool: Yes
  • Pool features: In Ground,Private
  • Patio & porch: Concrete
  • Has view: Yes
  • View description: City Lights,Hills,Trees/Woods

Lot

  • Lot size: 3.17 Acres
  • Features: 2-5 Units/Acre

Parking

  • Total spaces: 2
  • Parking features: Boat,Circular Driveway,Door-Multi,Direct Access,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,663$175,956
Home Insurance *$471$5,652
Property Taxes $2,758$33,096
Electricity $408$4,904
Total$18,300$219,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$627,428/yr
40% on housing$549,000/yr
45% on housing$488,000/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,522This listing

vs Other Active Listings

Avg $/sqft

ZIP 92886$563
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92886$644
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-05Price change$3,500,000
2025-05-08Listed for sale$4,000,000

For Sale by Agent

AgentMichael Lavallee
BrokerageFathom Realty Group Inc.

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