16550 Redwood, Fountain Valley, California 92708, Fountain Valley, 92708 - 4 bed, 3 bath

16550 Redwood, Fountain Valley, California 92708 home-pic-0
ACTIVE UNDER CONTRACT$1,649,000
16550 Redwood, Fountain Valley, California 92708
4Beds
3Baths
2,149Sqft
7,440Lot
Year Built
1964
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$767
HOA
-
Days on market
-
Sold On
-
MLS number
NP25269202
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.65M(73th), sqft - 2149(63th), beds - 4(50th), baths - 3(50th).

What a gem this house is, it has been loved by the same family for over 55 years. This two-story 4bd, 3ba home sits in the middle of a charming cul-de-sac near Mile Square Park. With two primary suites, one upstairs and one downstairs, this could be ideal for multi-generational living. As you enter this beautiful home, you will be immediately drawn to the kitchen. Recently remodeled, it is a baker's delight with thousands of delicious cookies made it that kitchen over the years. From the kitchen you easily flow into the family room and take in the views of the amazing backyard or just cozy up to the fireplace. Upstairs the second primary suite is spacious and has a walk-in closet. On the second floor there is also a huge open room, great for playing games or watching games. This area was originally a fifth bedroom. As you step into the backyard, welcome to Shangri-La. The fruit trees are many, including a very mature orange tree with the sweetest tasting oranges ever. Vegetable plants can be found back there too. Gorgeous flowers and shrubs adorn the surroundings on the entire backyard. Sitting under the covered stone paved patio, you can get lost in thought with a great read or just take in the natural beauty. This home really does feel like home.

Price History

Date
Event
Price
12/03/25
Listing
$1,649,000
Condition Rating
Fair

While the kitchen has been recently and beautifully remodeled with modern appliances, cabinetry, and finishes, at least one bathroom (as depicted in the images) is significantly dated with old tile, vanity, and wallpaper, requiring a full renovation. The property was built in 1964, and the listing explicitly notes 'unspecified system updates' for major components like electrical, plumbing, and HVAC, along with the 'absence of central air conditioning.' These factors, combined with the dated bathroom, indicate that while parts of the home are updated and well-maintained, other critical areas and systems show their age and will require substantial investment beyond minor repairs to meet current standards and comfort expectations.
Pros & Cons

Pros

Multi-Generational Living: The home features two primary suites, one on each floor, making it ideal for multi-generational families, guests, or flexible living arrangements.
Remodeled Kitchen: The kitchen has been recently remodeled and is described as a 'baker's delight,' indicating modern updates and high functionality for culinary enthusiasts.
Exceptional Backyard Oasis: The backyard is a 'Shangri-La' with numerous fruit trees, vegetable plants, gorgeous flowers, shrubs, and a covered stone paved patio, offering a private and productive outdoor retreat.
Desirable Location: Situated on a charming cul-de-sac near Mile Square Park, providing a quiet, family-friendly environment with convenient access to recreational amenities.
Flexible Interior Space: A huge open room upstairs, originally a fifth bedroom, offers versatile space for games, entertainment, or could potentially be converted back to an additional bedroom.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Age of Property & Unspecified System Updates: Built in 1964, and while the kitchen is remodeled, there's no mention of updates to major systems (e.g., electrical, plumbing, HVAC), which could lead to future maintenance or upgrade costs.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for comfort during warmer months in Southern California.
Limited Information on Other Interior Updates: Beyond the kitchen, the description lacks details on updates to bathrooms or other living areas, suggesting these spaces might retain original or older finishes that could require modernization.

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