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

18586 Park Meadow
Huntington Beach, California 92648
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18586 Park Meadow Subject | $1,200,000* List Price | 3 | 3 | 2,022 | $645 | - |
A 18156 Sharon Lane Sold | $1,285,000 | 3 | 3 | 1,932 | $665 | 0.5 mi |
B 7827 Orchid Drive Sold | $1,440,000 | 4 | 3 | 2,141 | $673 | 0.6 mi |
C 7612 Appleby Sold | $1,350,000 | 4 | 3 | 1,954 | $691 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Agnes L. Smith Elementary School
Grades K-5 • 1.7 mi
Ethel Dwyer Middle School
Grades 6-8 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,022 | 2,472 | 31% |
| Lot Size | 4,615 | 4,726.5 | 49% |
| Price | $1.20M | $2.00M | 11% |
| Price per sq ft | $593 | $834 | 4% |
| Built year | 1998 | 1985 | 74% |
| HOA | $228.0 | $0 | 64% |
| Days on market | 3 | 181 | 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

