518 Blue Water, Fullerton, California 92831, Fullerton, 92831 - 2 bed, 2 bath

518 Blue Water
Fullerton, California 92831
Property Price
SUMMARY
Analysis of 518 Blue Water, Fullerton, California 92831 is currently available with a list price of $669,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Fullerton 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained with several modern updates. Although built in 1980, the home features a remodeled bathroom, fresh interior paint, and a suite of newly installed stainless steel appliances including a cooktop, microwave, and refrigerator. The presence of double-pane windows with wood shutters, vaulted ceilings, and updated flooring throughout indicates the property has been renovated within the last 5 to 15 years, fitting the 'good' criteria perfectly.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Beechwood Elementary School (9/10).
- Prime End-Unit Location
As a single-story end unit, this property offers superior privacy, increased natural light, and a quiet atmosphere that mimics the feel of a detached single-family home.
- Turnkey Upgrades
The home is move-in ready, featuring fresh interior paint, a remodeled bathroom, and a comprehensive suite of newly installed appliances including a refrigerator and washer/dryer.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At just 931 square feet for a two-bedroom, two-bathroom configuration, the interior footprint is relatively compact and may feel restrictive for some buyers.
- High Monthly Carrying Costs
The $496 monthly association fee is a significant recurring expense that adds to the overall cost of ownership and may impact buyer affordability.
About 518 Blue Water
Hidden Lakes “Private Oasis” – Single-Story End Unit! Feel like you’re in a single-family home with this charming 2-bedroom, 2-bath, single-story cottage spanning approx. 931 sq. ft. Nestled in the best location of Hidden Lakes, this end unit offers privacy, serenity, and a bright, open floor plan. The living room is bright and inviting, with vaulted ceilings and a warm fireplace. The kitchen features abundant cabinetry for all your culinary creations with some newer installed appliances. Freshly painted throughout, the home also offers double-pane windows with wood shutters, a remodeled bathroom, plenty of storage, and additional newly installed appliances, including a microwave, cooktop, refrigerator, and washer/dryer. Relax on the back patio with running streams and a waterfall—a peaceful retreat at home. The property includes a one-car attached garage and carport, plus ample guest parking. Enjoy resort-style amenities: sparkling pool, two spas, tennis courts, walking trails, and nearby parks like Hillcrest Park and Lion Field. Downtown Fullerton is minutes away, with easy access to the 57 and 91 freeways. This rare end unit won’t last—don’t miss your chance to call it home!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1980
- Lot Size
- 259,733 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $496.0 / Month
Neighborhood Insights
Fullerton Unified Schools
Beechwood Elementary School
Grades K-8 • 1.1 mi
Fullerton Union High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 931 | 1,200 | 20% |
| Lot Size | 259,733 | 213,113 | 80% |
| Price | $669.0K | $669.0K | 50% |
| Price per sq ft | $719 | $479 | 80% |
| Built year | 1980 | 1979 | 80% |
| HOA | $496.0 | $466 | 60% |
| Days on market | 3 | 116 | 20% |
Pricing History
Listed for Sale
Mar 4, 2026
$669,000
Initial Listing
Sold
Mar 15, 2022
$605,000
Public Record























