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16951 Lake Terrace Way, Yorba Linda, CA, 92886

2beds
2baths
1,080sqft
$309,999
$287price/sqft
$2,392/moest. monthly cost
$95,680/yrincome needed

About This Home

Welcome to this beautifully updated 2-bedroom, 2-bath manufactured home offering approximately 1,080 square feet of comfortable living in the desirable Lake Park Yorba Linda, an established 55+ community. Blending modern updates with everyday functionality, this move-in-ready home offers a fresh, inviting feel from the moment you arrive. Inside, you'll find a bright and airy floor plan featuring tasteful improvements throughout, creating a comfortable space that's ideal for both quiet evenings at home and spending time with family and friends. The updated kitchen, generous living areas, and well-appointed bedrooms provide the perfect balance of style and practicality. Residents of Lake Park Yorba Linda enjoy a vibrant lifestyle with outstanding community amenities, including a clubhouse, swimming pool, library, billiards room, scenic lake, and a variety of organized social activities. Ideally situated near shopping, restaurants, parks, medical services, and convenient freeway access, this location offers the best of comfort and convenience. Whether you're looking to simplify your lifestyle or enjoy an active 55+ community, this beautifully maintained home is a wonderful opportunity you won't want to miss. Come experience all that Lake Park Yorba Linda has to offer and make this charming home your own.

Getting Around

50
WalkingCar-Dependent
0
TransitVery Limited Transit
52
BikeBikeable

Schools

9/10
9/10
9/10
El Dorado High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Turnkey
  • Year built: 1972

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: 6 Burner Stove,Dishwasher,Microwave,Refrigerator,Dryer,Washer
  • Laundry features: Inside,Laundry Closet

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Central Air

Features

  • Bedroom on Main Level

Interior Area

  • Total interior livable area: 1,080 sqft

Property

Details

  • Parcel number: 89179263
  • On leased land: Yes
  • Lease amount: 1709.75
  • Special condition: Standard

Features

  • Entry location: FRONT
  • Pool features: Community
  • Patio & porch: Rear Porch,Covered,Enclosed,Front Porch,Open,Patio
  • Has spa: Yes
  • Spa features: Community

Lot

  • Features: 0-1 Unit/Acre

Parking

  • Parking features: Covered,Carport
  • Carport: Yes

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
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Wildfire
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 $1,567$18,804
Home Insurance *$50$600
Property Taxes $377$4,524
Electricity $398$4,786
Total$2,392$28,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,011/yr
40% on housing$71,760/yr
45% on housing$63,786/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

$287This listing

vs Other Active Listings

Avg $/sqft

ZIP 92886$578
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)

Price History

DateEventPrice
2026-08-18Price change$299,000
2026-08-07Price change$309,999
2021-09-02Pending sale$129,900

For Sale by Agent

AgentSusana Angel
BrokerageThe Premier Agency

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