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

518 Blue Water, Fullerton, California 92831 home-pic-0

518 Blue Water

Fullerton, California 92831

ACTIVE
CONDITION: GOOD
2Beds
2Baths
931Sq Ft
259,733Lot Size

Property Price

LIST PRICE$669,000

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

Good
TeardownExcellent

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

9/10

Fullerton Union High School

Grades 9-12 • 0.9 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot9311,200
20%
Lot Size259,733213,113
80%
Price$669.0K$669.0K
50%
Price per sq ft$719$479
80%
Built year19801979
80%
HOA$496.0$466
60%
Days on market3116
20%

Pricing History

Listed for Sale

Mar 4, 2026

$669,000

Initial Listing

Sold

Mar 15, 2022

$605,000

Public Record

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