16662 Somerset, Huntington Beach, California 92649, Huntington Beach, 92649 - 4 bed, 3 bath
16662 Somerset
Huntington Beach, California 92649
Property Price
SUMMARY
Analysis of 16662 Somerset, Huntington Beach, California 92649 reveals a property with a current list price of $4,450,000, which is 10% above the estimated $4,044,966 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Huntington Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16662 Somerset Subject | $4,450,000* List Price | 4 | 3 | 2,866 | $1,411 | - |
A 3562 Venture Drive Sold | $4,900,000 | 4 | 3 | 3,102 | $1,580 | 0.1 mi |
B 3801 Seascape Sold | $3,925,000 | 4 | 4 | 3,214 | $1,221 | 0.4 mi |
C 17057 Edgewater Sold | $3,300,000 | 4 | 3 | 2,738 | $1,205 | 0.8 mi |
D 16611 Carousel Lane Sold | $4,280,000 | 4 | 3 | 2,775 | $1,542 | 0.1 mi |
E 16712 Baruna Pending | $3,899,888 List Price | 4 | 4 | 3,542 | $1,101 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1964, placing it outside the 'excellent' and 'good' criteria based on age. While the exterior image doesn't reveal specific interior details like kitchen and bathroom conditions, the 'weakness' category mentions 'Older Construction' and the potential need for updates. Without interior images, it's difficult to assess the condition of key areas like the kitchen and bathrooms, but the age suggests they may be outdated. Therefore, 'fair' is assigned, indicating it likely requires minor updates or repairs to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Gilbert Island (HGIL) subdivision of Huntington Beach, offering a sought-after coastal lifestyle.
- Spacious Living
Generous 2,866 sqft of living space provides ample room for families and entertaining.
- Water Views
The property boasts desirable harbor views, enhancing its aesthetic appeal and exclusivity.
CONSRISKS & DEFICIENCIES
- Older Construction
Built in 1964, the property may require updates or renovations to meet modern standards and buyer expectations.
- Average Lot Size
A 6,500 sqft lot is average for the area and may not appeal to buyers seeking extensive outdoor space or potential for expansion.
- Active Under Contract Status
The property is currently 'Active Under Contract,' indicating a pending sale which may limit immediate buyer interest or negotiation opportunities.
About 16662 Somerset
This Main Channel home has 65 feet of Frontage.Its a Diamond in the rough.4 Bedrooms and 2 full baths and 2 1/2 baths.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,866 | 2,230 | 69% |
| Lot Size | 6,500 | 6,066 | 70% |
| Price | $4.45M | $1.85M | 88% |
| Price per sq ft | $1.6K | $910 | 96% |
| Built year | 1964 | 1969 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 163 | 5% |
Pricing History
Listed for Sale
Mar 3, 2026
$4,450,000
$4,300,000
+3% Price Increase
Initial Listing
Price Change
Feb 5, 2026
$4,300,000
Initial Listing