REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS

For Sale|Single Family ResidenceActive

7642 Black Star Lane, La Palma, CA 90623

  • 3 beds
  • 2 baths
  • 1,480 sq ft
  • 5,500 sq ft lot
  • Built 1969

MLS# PW26236743 · Listed Nov 5, 2026 · New Today

Subdivision Ponderosa

The home

About 7642 Black Star Lane

Opportunity Knocks! This classic home in a wonderful neighborhood provides a blank canvas ready for your designer’s eye. Bring your tools and achieve instant equity in this great home situated on a prominent corner lot in this premium La Palma neighborhood. It is already set up with many ADA modifications as home was previously used as a licensed facility to house the Developmentally Disabled and might also work as an Assisted Living facility. Lots of options in this quite area known for great schools!

Property details for 7642 Black Star Lane

This 3-bedroom, 2-bath single-family home sits in the Ponderosa neighborhood of La Palma in Orange County. It has 1,480 square feet of living space on a 5,500-square-foot lot and is listed at $950,000, about $642 per square foot. The home was built in 1969. The MLS record lists the assessor parcel number as 263-155-29. Highlights include a fireplace, single-story living, an attached one-car garage, and central air.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
PW26236743
Year Built
1969
Living Area (sq ft)
1,480
Living Area Source
Assessor
Lot Size (sq ft)
5,500
Lot Size (acres)
0.1263
Levels
One
Bedrooms
3
Full Baths
2
Garage Spaces
1
Parking Spaces
1
View
Neighborhood
Parcel Number
26315529
On Market Date
2026-11-05
Listing Terms
Standard

Interior Features

Interior Features
Separate Formal Dining Room
Appliances
Freezer
Cooling
Central Air
Fireplace
Living Room
Laundry
Electric Dryer Hookup, Gas Dryer Hookup
Main Level Bedrooms
3
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls
Rooms
Primary Bedroom, Dining Room, Kitchen, Living Room, Primary Bathroom

Exterior Features

Lot Features
Zero To One Unit Acre, Near Public Transit
Parking
Garage
Pool Features
None
Sewer
Public Sewer
Water
Public
Units
1

Community Features

Subdivision
Ponderosa
Community Features
Sidewalks

The record

Property History for 7642 Black Star Lane

DateEventPriceNote
Nov 5, 2026 Listed for sale $950,000

No prior MLS sales on record for this home since 2012.

Cost of ownership

Estimated monthly payment

7.18% · 30-yr fixed
$
$7,327/mo
10% down · 30-year fixed · $95,000 down
Principal & interest$5,792
Mortgage insurance (est., over 80% LTV)$356
Property tax (est. county typical)$902
Home insurance (rough est., varies widely)$277
HOANot reported, not included
$6,328/mo
20% down · 30-year fixed · $190,000 down
Principal & interest$5,149
Property tax (est. county typical)$902
Home insurance (rough est., varies widely)$277
HOANot reported, not included
$5,684/mo
30% down · 30-year fixed · $285,000 down
Principal & interest$4,505
Property tax (est. county typical)$902
Home insurance (rough est., varies widely)$277
HOANot reported, not included
Estimated carrying cost
$1,179/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. county typical)$902
Home insurance (rough est., varies widely)$277
HOANot reported, not included

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.18% (week of Nov 5, 2026); your rate will differ. Tax and insurance are modelled, not billed amounts; tax uses a typical Orange County rate. Verify all figures. Full assumptions and disclosures.

Next steps

Buying 7642 Black Star Lane

Want to see 7642 Black Star Lane in person? We have guided buyers through Ponderosa and the wider La Palma market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 7642 Black Star Lane

Thinking of selling nearby? We bring current Ponderosa sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

Free home valuation

The neighborhood

La Palma home sales, past 12 months

Homes sold
68
Median price
$1,220,000
Median days on market
12
Median per sq ft
$595

Recorded MLS closings of single-family homes, Oct 29, 2025 to Oct 29, 2026. Days on market run from listing to going under contract.

Price per square foot against recent La Palma sales

This home, asking 12-month median Recent sales, listed below

At $642 per square foot, this home's asking price is 8% above the La Palma median of $595 for single-family homes that closed in the past 12 months.

Recent La Palma sales

AddressClosedPriceSq ftPer sq ftDays on market
5232 La Luna Oct 19, 2026 $1,445,000 2,274 $635 7
8032 Lancashire Circle Oct 15, 2026 $1,398,888 2,166 $646 14
5781 Park West Sep 28, 2026 $1,355,000 2,127 $637 14
5452 Festival Circle Sep 28, 2026 $963,000 1,934 $498 4
5212 Decatur Sep 22, 2026 $1,231,000 1,421 $866 3

Schools

School District for 7642 Black Star Lane

As listed in the MLS record. Confirm attendance boundaries with the school district.

The MLS record lists the school district as Anaheim Union High.

Nearby listings

Similar Homes for Sale in La Palma

Nearby sales

Recently Sold Near 7642 Black Star Lane

Just listed

Newest La Palma Homes for Sale

  • 5022 Shirley$1,499,000 · 5 bd · 5 ba · 2,878 sq ft · Tract 6399 · Listed Nov 3
  • 8582 Santa Margarita$649,990 · 2 bd · 2 ba · 925 sq ft · Casa La Palma · Listed Oct 2
  • 7942 Louise Lane$1,323,000 · 5 bd · 4 ba · 2,282 sq ft · Listed Sep 26
  • 7525 Kevin$1,239,999 · 4 bd · 3 ba · 2,118 sq ft · Listed Aug 15
  • 8101 Redford Lane$1,270,000 · 5 bd · 2 ba · 2,197 sq ft · Listed Jul 17
  • 4991 Partridge$1,550,000 · 5 bd · 3 ba · 2,792 sq ft · Casa La Palma · Listed Jun 28
Listing alerts

Be first to see new Orange County listings

What criteria are you looking for?

New Orange County homes by email, often before they reach the big portals.

saved

Looking to
Cities (Orange County (all) is locked in)
Orange County (all) ✓

saved

You are all set.

Listed by Mike Dunfee of Dunfee Real Estate Services

Listing information updated Nov 5, 2026 at 3:29 PM PT. Source: CRMLS.

Ask Realatrends AI
Call (949) 494-8830