
Costa Mesa, California 92626
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,344,000—positioned slightly above the $1,330,121 Fair Market Value. While the home requires modernization, its Fair Condition Rating and expansive 7,104-square-foot corner lot provide a solid foundation for value-add renovations. Located in the desirable Halecrest neighborhood, the property offers proximity to top-rated schools like Killybrooke Elementary (9/10) and Maude B. Davis Elementary (9/10). This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a home in a prime coastal community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1371 Shannon Subject 3 bd · 2 ba · 1,177 sqft · $1,130 | $1,344,000* List Price | 3 | 2 | 1,177 | $1,130 | - |
A 3074 Warren Sold 3 bd · 2 ba · 1,262 sqft · $1,066 · 0.2 mi | $1,345,000 | 3 | 2 | 1,262 | $1,066 | 0.2 mi |
B 1318 Watson Sold 3 bd · 2 ba · 1,275 sqft · $1,020 · 0.1 mi | $1,300,000 | 3 | 2 | 1,275 | $1,020 | 0.1 mi |
C 1566 Corsica Place Sold 3 bd · 2 ba · 1,357 sqft · $1,005 · 0.4 mi | $1,364,000 | 3 | 2 | 1,357 | $1,005 | 0.4 mi |
D 3072 Tyler Sold 3 bd · 2 ba · 1,308 sqft · $1,008 · 0.6 mi | $1,318,675 | 3 | 2 | 1,308 | $1,008 | 0.6 mi |
E 3132 Samoa Sold 3 bd · 2 ba · 1,277 sqft · $1,069 · 0.6 mi | $1,365,000 | 3 | 2 | 1,277 | $1,069 | 0.6 mi |
F 1732 Missouri Sold 3 bd · 2 ba · 1,614 sqft · $869 · 1.0 mi | $1,403,000 | 3 | 2 | 1,614 | $869 | 1.0 mi |
G 2964 Redwood Active 3 bd · 2 ba · 1,451 sqft · $1,137 · 0.5 mi | $1,650,000 List Price | 3 | 2 | 1,451 | $1,137 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this home is well-maintained but significantly dated. The kitchen features older cabinetry and 1970s/80s-style tile countertops, while the bathrooms show wear on the vanities and older fixtures. The presence of popcorn ceilings and wood paneling indicates the interior hasn't had a major renovation in over 20-30 years, though it remains functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7104, living area = 1177.
Elementary School: Maude B. Davis Elementary School (9/10).
Situated in the highly sought-after Halecrest community, the property offers exceptional proximity to the Halecrest Swim & Tennis Club, world-class shopping at South Coast Plaza, and local beaches.
The property is noted to need updating and personal touches, indicating that buyers should budget for renovations to bring the 1955 interior up to modern standards.
With only 1,177 square feet of living space, the home may feel compact for the price point, particularly for growing families or those seeking larger modern floor plans.
Nestled in the highly sought after Halecrest neighborhood of Costa Mesa, this charming single-story residence offers a wonderful combination of comfort, character, and opportunity in a true pride of ownership community. Situated on a desirable interior corner lot of approximately 7,104 square feet, this three bedroom, two-bathroom home features an inviting floor plan with plenty of potential to make it your own. Step inside to discover a light and bright living room that creates a welcoming atmosphere. The adjoining dining area provides a perfect setting for everyday meals and entertaining, while the kitchen offers abundant cabinetry, generous storage, and plenty of possibilities for future enhancements. All three bedrooms are comfortably sized, including a primary suite with its own private bathroom. The spacious backyard and outdoor patio offer an ideal setting for entertaining, gardening, relaxing, or simply enjoying Southern California's beautiful year round weather and refreshing coastal breezes. While the home would benefit from some updating and personal touches, it offers a wonderful opportunity to enhance its existing charm and create something truly special without starting from scratch. Whether you're looking for a place to call home or an opportunity to add value in a desirable neighborhood, the possibilities are endless! Location is another outstanding feature, with the nearby Halecrest Swim & Tennis Club, Costa Mesa Country Club, neighborhood parks, schools, and an abundance of recreational opportunities. Enjoy convenient access to world class shopping at South Coast Plaza, exceptional restaurants, outdoor cafés, the renowned Segerstrom Center for the Arts, John Wayne Airport, major freeways, and the 73 Toll Road. And let's not forget the miles of spectacular sandy beaches just a short drive away! With its desirable single level floor plan, generous corner lot, established neighborhood, and unbeatable central Costa Mesa location, this is a fantastic opportunity to bring your vision to life and enjoy everything this wonderful coastal community has to offer. A little imagination and a few personal touches could make this Halecrest home something truly special!
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades PK-6 • 0.8 mi
Grades PK-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,177 | 1,808.331 |
| Lot Size | 7,104 | 6,450.805 |
| Price | $1.34M | $1.68M |
| Price per sq ft | $1.1K | $962 |
| Built year | 1955 | 1961 |
| HOA | $0 | $302 |
| Days on market | 10 | 51 |
Oct 15, 2026
$1,344,000
Initial Listing
Dec 5, 2000
$270,000
Public Record