
Fountain Valley, California 92708
Welcome to the heart of Fountain Valley, where an extraordinary investment opportunity awaits! Whether you are looking to build your dream home or develop a high-yield income property, this rare corner lot property comes complete with fully approved city plans, allowing you to skip the lengthy permitting process and start construction right away. The approved designs offer incredible scale and versatility, featuring a spacious two-story main residence spanning 4,921 square feet with 4 bedrooms and 3 bathrooms. Additionally, the plans include a 500-square-foot internal JADU with 1 bedroom and 1 bathroom, alongside a separate 800-square-foot detached ADU offering 2 bedrooms and 2 bathrooms. Inside, the home features new premium vinyl flooring, custom cedar-lined bedroom closets, unique cabinetry, a cozy living room, a separate dining room, and a primary suite with a private bath. A spacious enclosed patio offers a great play area for children, while the large backyard provides room for gardening, fruit trees, and outdoor relaxation. Additionally, the detached oversized garage includes a full bathroom and plenty of workspace. The potential here is unmatched, making it ideal for maximizing rental income or creating a functional multi-generational living compound. Situated in a prime location just a short drive from the beautiful shores of Huntington Beach, this property brings endless possibilities to life.
Property is moderate renovation needed.
Built in 1941, this 83-year-old farmhouse exceeds the age threshold for dated properties. While it features recent cosmetic updates like new premium vinyl flooring, the 'original' farmhouse description and 'unique cabinetry' suggest that the kitchen and bathrooms remain dated. Given the age, the property likely requires updates to major systems (HVAC/Electric) to meet modern standards, placing it in the fair category.
As one of the original 1941 Bushard Street farmhouses, this Craftsman-style home offers unique architectural charm and a rare piece of Fountain Valley history.
The oversized 15,376 sqft lot provides exceptional privacy, mature landscaping, and significant space for outdoor recreation, gardening, or potential ADU development.
The oversized detached garage features a full bathroom and ample workspace, offering excellent potential for a home office, studio, or guest quarters.
Built in 1941, the property may require significant updates to aging systems such as plumbing, electrical, or foundation that are typical for homes of this era.
At a list price of $1,798,000 for 1,705 square feet of living space, the valuation is heavily weighted toward the land value rather than the interior square footage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,705 | 1,964.728 |
| Lot Size | 15,376 | 7,211.668 |
| Price | $1.80M | $1.50M |
| Price per sq ft | $1.1K | $750 |
| Built year | 1941 | 1969 |
| HOA | $0 | $260 |
| Days on market | 34 | 39 |
Sep 21, 2026
$1,798,000
Initial Listing
Dec 30, 2024
$1,450,000
Public Record