
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 4 bd · 3 ba · 1,939 sqft · $649 | $1,300,000* List Price | 4 | 3 | 1,939 | $649 | - |
A 18561 Lime Circle Sold 3 bd · 3 ba · 1,574 sqft · $689 · 0.6 mi | $1,085,000 | 3 | 3 | 1,574 | $689 | 0.6 mi |
B 18333 Jacaranda Street Sold 3 bd · 3 ba · 1,741 sqft · $735 · 0.7 mi | $1,280,000 | 3 | 3 | 1,741 | $735 | 0.7 mi |
C 9413 Toucan Sold 4 bd · 2 ba · 1,522 sqft · $838 · 1.0 mi | $1,275,000 | 4 | 2 | 1,522 | $838 | 1.0 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.
HUGE PRICE REDUCTION!!! LOWEST PRICED 4 BR, 2.5 BA DETACHED HOME IN FOUNTAIN VALLEY! Bring your ideas and personalize this well-maintained Breeze model to complement your lifestyle and design preferences. Located in Neptune Estates, one of Fountain Valley’s most desirable neighborhoods, this inviting home offers approximately 1,939 square feet, 4 bedrooms, 2.5 bathrooms, and a flexible floor plan with sought-after main-level living. The downstairs primary suite overlooks the lush backyard, creating a peaceful retreat, while a second main-floor bedroom offers valuable flexibility as a guest room, home office, or additional living space. Upstairs are two generously sized secondary bedrooms and a full bathroom. The comfortable living room features a cozy fireplace, while the kitchen, dining area, and family room create a welcoming setting for everyday living and entertaining. Designer tile flooring adds character throughout these gathering spaces. The home’s well-designed layout and timeless foundation provide an excellent canvas for thoughtful updates—whether your vision includes a refreshed kitchen, modernized finishes, expanded indoor-outdoor living, or improvements completed gradually over time. Set on an approximately 7,252-square-foot lot, the expansive yard features mature tropical landscaping, stately palm trees, vibrant birds of paradise and manicured front and rear lawns. There is abundant space for outdoor entertaining, gardening, play, relaxation, or future enhancements. Robert Gisler ELEMENTARY SCHOOL IS APPROXIMATELY A FIVE-MINUTE WALK AWAY, and the home is located within the highly regarded Fountain Valley school system. Enjoy convenient access to shopping, dining, the 405 Freeway, Mile Square Regional Park, and Orange County beaches approximately 3.5 miles away. This is a distinctive opportunity to create a home that reflects your needs and personal style in an established neighborhood known for generous lots, pride of ownership, and exceptional coastal convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,939 | 1,964.728 |
| Lot Size | 7,252 | 7,211.668 |
| Price | $1.30M | $1.50M |
| Price per sq ft | $670 | $750 |
| Built year | 1964 | 1969 |
| HOA | $0 | $260 |
| Days on market | 109 | 39 |
Oct 16, 2026
$1,300,000
$1,375,000
-5% Price Drop
Initial Listing
Oct 4, 2026
$1,375,000
$1,398,000
-2% Price Drop
Initial Listing
Aug 26, 2026
$1,398,000
$1,450,000
-4% Price Drop
Initial Listing
Jul 8, 2026
$1,450,000
Initial Listing