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493 Fairlane Way, Covina, CA 91723

$789K3bd · 3ba · 2,070 sqft
Lot 27,439 sqft•HOA $245/mo•Condominium•
Active
•11d on market•MLS# CV-26229104

Property Description

Modern three-story townhome at Atwood by City Ventures, in the heart of downtown Covina. Built in 2020, this 3 bedroom, 3 bath home features approximately 2,070 sq ft with an open floor plan, a living room fireplace, and a kitchen made for gathering with a quartz-topped island, pantry, and recessed lighting. A top-floor primary suite plus a second en-suite bedroom give you flexibility for multigenerational living, long-term guests, or a dedicated home office. Laundry on the main living level, walk-in closets, and dual vanities add everyday convenience, and a private deck brings in neighborhood and city-light views. Atwood is an all-electric solar community with ENERGY STAR features, energy-efficient windows, smart thermostats, and fire sprinklers. The attached 2-car garage has direct access to the home. Walk to Civic Center Park, the Covina Center for the Performing Arts, downtown cafes and shops, and the Covina Metrolink station (about 5 minutes) for an easy commute toward Downtown LA. HOA is $245/month.

Features & Amenities

FeeBuilt 2020

Property Details

Land Type
Fee
Year Built
2020
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
City Lights, Mountain(s)
Flooring
Laminate
Roof
Shingle
City
Covina
Zip Code
91723
County
Los Angeles
Listed byThe R.R. Network, Lailah Reyes

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,989.61
Principal & Interest
Loan Amount
$631,200
Total Interest
$805,061
Total Payment Over 30 Years
$1,436,261
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

493 Fairlane Way, Covina, CA 91723

Covina · Condominium

$789K
Residential Tier
Beds
3
Baths
3
Sqft
2,070
Lot
27,439 sqft
Year
2020
$/Sqft
$381
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 12.7% above the median closed sale of $700,000. Price per sqft ($381) is a 11% discount to closed comps ($427).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $789K· $381/sqft
Total list price
Closed comps
vs closed median $700K
+$89K (+12.7%)
Active comps
vs active median $730K
+$59K (+8.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $425
−$44 (−10.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1169 TAROCO DriveCovina2019442,0556,643$365$749,88811772
118 StonebridgeWest Covina2016331,64081,606$427$699,9501767
326 Calvados AvenueAzusa2017341,68511,692$433$729,9994061
318 CalvadosAzusa2017331,43111,692$488$699,0006658
422 Route 66Glendora2017441,86013,588$411$765,0001057
Total: 5 · Average3.43.61,734.225,044.2$424.8$728,767.450
Median1,685$729,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
402 ShelbyCovina202012/15/2025342,07018,115$799,000$801,000$3871.004683
657 Sunrise StreetCovina202307/07/2026341,58014,840$709,000$692,500$4380.986175
1663 RosewellWest Covina202309/09/2026331,63710,667$879,888$865,000$5280.987873
652 Calamansi DriveCovina202511/07/2025221,5440$704,990$683,841$4430.9724673
946 Glendora AvenueGlendora198912/24/2025332,0520$725,000$700,000$3410.9711857
Total: 5 · Average2.83.21,776.614,540.667$748,468.2$748,468.2$427.4—109.8
Median1,637$700,000$700,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.