18586 Park Meadow, Huntington Beach, California 92648, Huntington Beach, 92648 - 3 bed, 3 bath

18586 Park Meadow, Huntington Beach, California 92648 home-pic-0

18586 Park Meadow

Huntington Beach, California 92648

ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,022Sq Ft
4,615Lot Size

Property Price

LIST PRICE$1,200,000
EST. MARKET VALUE
$1,303,611
7% BelowMARKET VALUE

SUMMARY

Analysis of 18586 Park Meadow, Huntington Beach, California 92648 reveals a Prime Investment Opportunity with a current list price of $1,200,000—significantly undercutting the $1,303,611 Fair Market Value by 7%. This valuation gap indicates a +$103,611 Instant Equity potential for buyers. 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

$1,303,611 +$103,611 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Huntington Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
18586 Park Meadow
Subject
$1,200,000*
List Price
332,022$645-
A
18156 Sharon Lane
Sold
$1,285,000331,932$6650.5 mi
B
7827 Orchid Drive
Sold
$1,440,000432,141$6730.6 mi
C
7612 Appleby
Sold
$1,350,000431,954$6910.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1998, this property is a 'cosmetic fixer' that requires a complete interior overhaul, including a new kitchen, flooring, and paint. While the structure appears sound and the home is located in a desirable community, the interior components have reached the end of their functional lifespan without recent updates, fitting the criteria for a 25-40 year old home needing modernization.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    High School: Huntington Beach High School (9/10).

  • Prime Location & Community

    Situated in the desirable gated Greystone Keys community, the property is just 3 miles from the beach and walking distance to shopping, parks, and top-rated schools with low HOA fees and no Mello Roos.

  • Versatile & Spacious Layout

    Boasting over 2,000 square feet on a large pie-shaped corner lot, the home features soaring ceilings, an expanded loft, and a dedicated office that can easily be converted into a fourth bedroom.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Required

    The home requires a full interior overhaul, including a new kitchen, flooring, paint, and landscaping, necessitating a substantial immediate budget and effort for repairs.

  • Attached Dwelling

    The home is attached to one other unit, which may be a drawback for buyers specifically seeking the privacy and autonomy of a fully detached single-family residence.

About 18586 Park Meadow

Rare opportunity to put some elbow grease into this cosmetic fixer in the highly desirable gated community of Greystone Keys in Huntington Beach. Home needs paint, flooring and a new kitchen and landscaping. Tucked away on a very large corner lot, this spacious 3-bedroom, 2.5-bath home also includes a large upstairs office that can easily be converted into a 4th bedroom, plus an expanded loft area ideal for a playroom, home gym, or second living space—perfect for today’s flexible lifestyle needs. This home is attached to only one other home and offers more than 2,000 square feet of thoughtfully designed living space, including a light and bright layout with soaring ceilings and abundant natural light. Upstairs, the spacious primary suite boasts a walk-in closet, dual vanities, a soaking tub, and a separate shower. Two additional bedrooms share a full bath, and the dedicated laundry room with upper cabinets offers added convenience. Situated on the largest pie-shaped lots in the community, the backyard offers plenty of room to relax, entertain, or garden. An attached 2-car garage and additional driveway parking provide ample space for vehicles and storage. Greystone Keys offers resort-style amenities including a gated entrance, pool, spa, wading pool, greenbelts, and guest parking. Located just steps from Peter Green Park with tennis courts, basketball, volleyball, a playground, and a dog park. Five Points Plaza, Trader Joe’s, shops, and restaurants are just a short walk away. Only 3 miles from the beach, HB Pier, Pacific City, and the vibrant Main Street district. Served by top-rated schools and Low HOA dues and no Mello Roos. Bring your handyman and do not miss out on this rare opportunity!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1998
Lot Size
4,615 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$228.0 / Month

Neighborhood Insights

Huntington Beach Unified Schools

Joseph R. Perry Elementary School

Grades K-5 • 1.0 mi

6/10

Agnes L. Smith Elementary School

Grades K-5 • 1.7 mi

8/10

Ethel Dwyer Middle School

Grades 6-8 • 1.7 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,0222,472
31%
Lot Size4,6154,726.5
49%
Price$1.20M$2.00M
11%
Price per sq ft$593$834
4%
Built year19981985
74%
HOA$228.0$0
64%
Days on market3181
1%

Pricing History

Listed for Sale

Mar 4, 2026

$1,200,000

Initial Listing

Sold

Dec 19, 2007

$867,000

Public Record

Sold

Apr 16, 2003

$562,000

Public Record

Sold

Oct 23, 1998

$354,000

Public Record

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