1540 Wavertree, Fullerton, California 92831, Fullerton, 92831 - 3 bed, 3 bath
Loading property details...
Fullerton, California 92831
This Upgraded Tri-Level Townhome is a Strong Value Opportunity, listed at $739,999—positioned well below the $784,563 Fair Market Value by 5%. This valuation gap provides $44,564 in Instant Equity. Boasting a Move-In Ready Condition Rating, the home features a remodeled spa-like primary suite, engineered hardwood, and a newer HVAC system. Located in the resort-style Water Garden Community within the Placentia-Yorba Linda Unified District, it offers pool views and proximity to CSUF. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1540 Wavertree Subject | $739,999* List Price | 3 | 3 | 1,652 | $475 | - |
A 2950 Pembroke Court Sold | $760,000 | 3 | 3 | 1,652 | $460 | 0.0 mi |
B 2938 Barrington Court Sold | $740,000 | 3 | 3 | 1,404 | $527 | 0.1 mi |
C 2246 Vista Del Sol Sold | $720,000 | 2 | 3 | 1,584 | $455 | 0.9 mi |
D 1260 N Placentia Avenue Sold | $710,000 | 3 | 2 | 1,445 | $491 | 0.2 mi |
E 2155 Associated Road Active | $749,000 List Price | 2 | 3 | 1,511 | $496 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant modern updates. While originally built in 1973, it features a fully remodeled, high-end primary bathroom with custom tile and glass, engineered hardwood flooring, and updated lighting. Major systems have been recently addressed, including a newer HVAC system with upgraded ductwork and a whole-home water softener. The kitchen is well-maintained with granite countertops and updated cabinetry, although the presence of some white appliances and standard carpeting in bedrooms keeps it from the 'excellent' tier.
The home features a fully remodeled spa-like primary bathroom and significant mechanical updates, including a newer HVAC system with upgraded ductwork and a whole-home water softener.
Situated in the desirable Water Garden Community, the property offers excellent proximity to Cal State Fullerton (CSUF), downtown dining, and major shopping hubs.
With nearly 1,700 sq. ft. of living space, the functional floor plan includes vaulted ceilings, multiple outdoor living spaces, and an abundance of natural light.
The monthly HOA fee of $505 represents a significant recurring cost that may impact the budget and financing qualifications for some buyers.
The tri-level configuration involves multiple sets of stairs, which may be less desirable for buyers with mobility concerns or those seeking a more accessible layout.
Welcome to the highly desirable Water Garden Community, where resort-style living meets everyday comfort. This pride-of-ownership tri-level home offers nearly 1,700 sq. ft. of well-designed living space with an open, functional layout. The bright interior is filled with natural light, featuring wide sliding doors and plantation shutters that connect multiple outdoor spaces and bring in both morning and afternoon sun—ideal for entertaining and everyday living. The main level showcases engineered hardwood flooring, custom baseboards, updated lighting, and a cast iron staircase railing. The kitchen and dining area include granite countertops, recessed lighting, a ceiling fan, and a newer stainless steel dishwasher. Upstairs, the primary suite features vaulted ceilings, a walk-in closet, private balcony, plantation shutters, and a modern ceiling fan. The fully remodeled bathroom offers a spa-like feel with a raised ceiling, custom tile and glass shower with dual showerheads, modern fixtures, Toto toilet, new flooring, and a custom barn door entry. Additional highlights include a private patio with pavers and garden area, newer HVAC with upgraded ductwork, updated water heater, and whole-home water softener with reverse osmosis. Located near the community pool, spa, and greenbelt, and just minutes from shopping, dining, CSUF, and downtown Fullerton—this is a great opportunity to own a well-maintained, upgraded home
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 79% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 1,652 | 943 | 89% |
| Lot Size | 172,233 | 145,872 | 63% |
| Price | $740.0K | $515.0K | 84% |
| Price per sq ft | $448 | $523 | 21% |
| Built year | 1973 | 1965 | 68% |
| HOA | $505.0 | $450 | 79% |
| Days on market | 0 | 190 | 5% |
Apr 20, 2026
$739,999
Initial Listing
Apr 19, 2026
$7,399,999
Initial Listing
Sep 25, 2015
$412,000
Public Record