
Fountain Valley, California 92708
This property presents a High-Potential Investment Opportunity with a List Price of $1,450,000—positioned well above the $1,329,755 Fair Market Value by -9%. While the price reflects a premium, the Breeze model floor plan offers a rare downstairs primary suite and 7,252 square foot lot in the sought-after Neptune Estates. With a Fair Condition Rating requiring a full interior transformation, this asset is best suited for Value-Add Investors or Owner-Occupants looking to customize a home within the acclaimed Fountain Valley school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18907 San Felipe Subject | $1,450,000* List Price | 4 | 3 | 1,939 | $686 | - |
A 10276 Falcon Sold | $1,340,000 | 4 | 2 | 1,818 | $737 | 0.2 mi |
B 9466 Warbler Ave. Sold | $1,203,000 | 3 | 2 | 1,414 | $851 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964, this 60-year-old property is largely in original condition and requires a full rehab. The kitchen and bathrooms feature highly dated tile and cabinetry, and the listing description explicitly invites buyers to 'transform' the home. Visual evidence of popcorn ceilings, older aluminum windows, and general wear indicates that systems and finishes are well beyond their functional lifespan.
The desirable Breeze model features a rare downstairs primary suite plus an additional first-floor bedroom, offering excellent flexibility for multigenerational living or a home office.
Situated in the sought-after Neptune Estates, the property is just 3.5 miles from the beach and offers easy access to Mile Square Park, top-rated schools, and the 405 freeway.
The expansive 7,252 square foot lot includes mature tropical landscaping and manicured lawns, providing a private and spacious outdoor retreat with room for future enhancements.
The property is marketed as a 'transformation' opportunity, indicating that significant cosmetic updates and vision are needed to bring the 1964 interior up to modern standards.
Given the home's original 1964 construction, buyers should anticipate potential needs for upgrading older systems or infrastructure common in properties of this vintage.
OPPORTUNITY KNOCKS! Bring your vision and transform this well-maintained home into the home of your dreams in one of Fountain Valley's most sought-after neighborhoods—Neptune Estates. Ideally situated just 3.5 miles from the beach, this popular Breeze model offers approximately 1,939 square feet of thoughtfully designed living space with 4 bedrooms, 2.5 bathrooms, and an exceptional floor plan that provides flexibility for a variety of lifestyles. The highly desirable downstairs primary suite overlooks the lush backyard, creating a peaceful retreat, while an additional first-floor bedroom is perfect for guests, a home office, or multigenerational living. Upstairs, you'll find two spacious secondary bedrooms and a convenient full bath configuration that complements the home's functional layout. The inviting living room features a cozy fireplace, while the kitchen, family room, and dining area showcase attractive designer tile flooring and provide an ideal setting for everyday living and entertaining. Set on an approximately 7,252 square foot lot, the expansive yard is surrounded by mature tropical landscaping, including stately palm trees, vibrant birds of paradise, and beautifully manicured front and rear lawns, offering endless possibilities for outdoor enjoyment, entertaining, gardening, or future enhancements. Located within the highly acclaimed Fountain Valley school system and just minutes from the 405 Freeway, shopping, dining, and world-famous Orange County beaches. This home also enjoys close proximity to Mile Square Regional Park, featuring a golf course, lake, sports fields, walking trails, and year-round recreation. This is a rare opportunity to customize a home in an established neighborhood known for its pride of ownership, generous lot sizes, and exceptional coastal convenience. Don't miss your chance to create something truly special!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,939 | 2,080.5 |
| Lot Size | 7,252 | 7,200 |
| Price | $1.45M | $1.53M |
| Price per sq ft | $748 | $753 |
| Built year | 1964 | 1969 |
| HOA | $0 | $87 |
| Days on market | 14 | 39 |
Jul 8, 2026
$1,450,000
Initial Listing