17200 Newhope 31, Fountain Valley, California 92708, Fountain Valley, 92708 - 0 bed, 0 bath
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17200 Newhope 31
Fountain Valley, California 92708
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
1,920Sq Ft
0Lot Size
Property Price
LIST PRICE$799,900
EST. MARKET VALUE
$839,000
4% BelowMARKET VALUE
SUMMARY
This Duplex-Style Condo is a Strong Value Opportunity, listed at $839,000—positioned well below the $923,512 Fair Market Value by 9%. This valuation gap offers $84,512 in Instant Equity. Featuring a Mint Condition Rating with high-end finishes and a versatile layout, this property provides exceptional income potential or multi-generational living. With a Pool and Spa view, it balances lifestyle appeal with financial upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-producing asset.
Estimated Market Value
$839,000+$39,100 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fountain Valley.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1983, the property has undergone a comprehensive 'top to bottom' renovation within the last 5 years. The interior features a modern kitchen with new stainless steel appliances and quartz countertops, updated spa-inspired bathrooms, new laminate and carpet flooring, fresh paint, and modern recessed lighting, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 171606, living area = 572.
- Dual-Living Potential
The unique duplex-style configuration with a private entrance for the third-floor unit offers exceptional flexibility for rental income, house hacking, or multi-generational living.
- Turnkey Upgrades
The property has been comprehensively updated from top to bottom with high-end finishes, laminate flooring, and new appliances, ensuring a move-in-ready experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1920, other record living area = 572.
- High Association Fees
The monthly HOA fee of $567.11 is relatively high, which increases the total monthly carrying cost and may impact debt-to-income ratios for some buyers.
- Vertical Layout
The three-story design requires navigating multiple flights of stairs to access the primary living areas and the separate unit, which may limit appeal for buyers with mobility concerns.
About 17200 Newhope 31
PRICE REDUCED! DON'T MISS OUT ON A FABULOUS OPPORTUNITY TO BUY THIS 2 UNIT PROP WITH HIGH INCOME POTENTIAL!!! WOW!! 1920 sqft 3 bedroom, 3 bath DUPLEX style condo located in Los Caballeros Sports Village. Priced thousands below last 2 sales. Lowest priced per sqft prop in ALL of FV. Beautiful prop, highly desirable gated community, amazing amenities, totally turn key plus great cap rate!!! Enjoy the entire home yourself, or rent it out as 2 separate units or live in one and rent out the other. So many, many options! This end-unit in the gated Los Caballeros community offers exceptional flexibility and income potential. This home has been updated and upgraded from top to bottom with beautiful high end finishes. Unit #31A: Features an open, versatile living area with laminate flooring—perfect for entertaining,updated kitchen with all new appliances and fixtures. On the second level, you’ll find two bedrooms, including a primary bedroom with en suite bathroom and its own balcony overlooking the courtyard, spa & picturesque fountain. A generously sized in-unit laundry room is conveniently located on this level too and provides abundant storage and space for a full-size washer and dryer Unit #31B: occupies the entire third floor with its own private entrance. This unit features a spacious 1 bedroom 1 bath with large walk-in closet.The spa-inspired bathroom features a soaking tub, separate shower, and dual vanity. This home offers an amazing income producing opportunity or multi-generational living!! Hurry, don't miss out !!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $567.11 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,920 | 1,964.728 |
| Lot Size | - | 7,211.668 |
| Price | $799.9K | $1.50M |
| Price per sq ft | $417 | $750 |
| Built year | 1983 | 1969 |
| HOA | $567.11 | $260 |
| Days on market | 24 | 39 |
Pricing History
Listed for Sale
Oct 14, 2026
$799,900
$839,000
-5% Price Drop
Initial Listing
Price Change
Oct 1, 2026
$839,000
Initial Listing
Sold
Apr 25, 2000
$95,000
Public Record
Sold
Dec 30, 1999
$75,000
Public Record