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2 Beds
2 Baths
1,254 sqft

$1,265,000

173 N Waverly, ORANGE CA, 92866

Price per sqft$1,008.77
Built in1946
Property size1,254 sqft
Property typeResidential

Overview

Active

Listed Aug 7, 2026

Updated 2 days ago

Priced to Sell. Over $250,000 invested across property improvements, planning, engineering, historic resource assessment completion, and approvals representing over 14 months of completed groundwork. 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 Historic District with . 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 to everything in Old Town Orange whether local eats or shopping, approximately 3/4 mile to Chapman University, and 1 mile to the 55 freeway.

$8,416/mo

Est. mortgage payment based on a $1,265,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26173236MR

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Garage
Yes

Listed by Jenni Abney with BHHS CA Properties
Listing Contact: 714-602-2626 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Wolf Luxury Estates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/5/2026

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