
Garden Grove, California 92841
This 2-bedroom condominium presents a High-Potential Investment Opportunity, listed at $525,000—positioned well below the $652,131 Fair Market Value by 19%. This significant valuation gap offers $127,131 in Instant Equity. Featuring a Condition Rating of 3, the unit offers a functional layout with private balconies and a 2-car garage. While the HOA is notable, the scenic pond views and prime location provide long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12562 Dale 57 Subject | $525,000* List Price | 2 | 2 | 1,165 | $560 | - |
A 12562 Dale Street 59 Active | $525,000 List Price | 2 | 2 | 1,165 | $451 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1983, the property is well-maintained and move-in ready. It features recent cosmetic updates including modern vinyl plank flooring and stainless steel appliances. While the kitchen cabinetry and fluorescent lighting are dated, the overall condition is functional and clean, fitting the 5-15 year renovation profile.
A rare feature for condominiums, this unit offers private balcony access from both bedrooms and the living room, maximizing natural light and usable living space.
The inclusion of a private 2-car garage provides secure parking and significant additional storage, a premium asset compared to standard carports or assigned spaces.
The property overlooks tranquil ponds, rocks, and streams within the Cobblestone Creek community, offering a peaceful and aesthetically pleasing environment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =145112, other record lot size in square feet = 205422.
The association fee of $515 per month is relatively high, which may impact the monthly affordability and overall budget for price-sensitive buyers.
Being an upper-level unit, the property may be less attractive to buyers with mobility concerns or those specifically seeking ground-floor accessibility.
Welcome to Cobblestone Creek, where comfort, convenience, and effortless living come together in this beautifully appointed 2-bedroom, 2-bathroom condo. Located in a desirable gated community, this light-filled upper-level home offers an inviting open-concept layout with vaulted ceilings, a cozy fireplace, and abundant natural light. The spacious living room features two sliding glass doors that open to a private balcony, creating the perfect setting for morning coffee, outdoor dining, or unwinding at the end of the day. The well-designed kitchen flows seamlessly into the living space, making everyday living and entertaining a breeze. An in-unit washer and dryer add exceptional convenience. Both generously sized bedrooms provide ample closet space and feature access to their own private balconies, offering a rare and desirable indoor-outdoor living experience. The primary bedroom is complemented by a private bath with dual sinks and dual closets, offering ample storage and functionality. A private 2-car garage offers secure parking plus additional storage, while extra community parking is available on a first-come, first-served basis. Enjoy a prime location close to shopping, dining, entertainment, and major freeways, including the 22, 5, and 57, making commuting and exploring Orange County a breeze. Don't miss this opportunity to own a spacious, bright, and conveniently located home in the heart of Cobblestone Creek. Schedule your showing today and discover all this exceptional condo has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,165 | 1,051.182 |
| Lot Size | 145,112 | 75,367.432 |
| Price | $525.0K | $565.8K |
| Price per sq ft | $451 | $568 |
| Built year | 1983 | 1985 |
| HOA | $515.0 | $402 |
| Days on market | 20 | 56 |
Aug 20, 2026
$525,000
Initial Listing
Oct 11, 2016
$332,000
Public Record
Mar 6, 2006
$389,000
Public Record