159 Morristown, Costa Mesa, California 92626, Costa Mesa, 92626 - 2 bed, 2 bath
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Costa Mesa, California 92626
This Renovated Monticello Townhome is a Strong Value Opportunity, listed at $850,000—positioned well below the $935,746 Fair Market Value by 9%. This valuation gap provides $85,746 in Instant Equity for the incoming buyer. Boasting a Renovated Condition Rating, the residence features over $30,000 in recent upgrades including a remodeled quartz kitchen, luxury vinyl plank flooring, and a private tiled courtyard. Located near Newport Beach and major transit corridors, it offers a blend of modern lifestyle and financial upside. This is an exceptional acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 159 Morristown Subject | $850,000* List Price | 2 | 2 | 1,244 | $752 | - |
A 2422 Richmond Sold | $745,000 | 2 | 2 | 844 | $883 | 0.0 mi |
B 2334 Richmond Way Sold | $839,999 | 2 | 2 | 1,244 | $675 | 0.2 mi |
C 2408 Saratoga Way Active | $759,000 List Price | 2 | 2 | 892 | $851 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive renovation completed in late 2025, including a fully remodeled and expanded kitchen with quartz countertops and stainless appliances, tastefully updated bathrooms, luxury vinyl plank flooring throughout, and upgraded electrical and dual-pane windows. These recent high-quality improvements meet the criteria for a fully renovated home within the last 5 years.
The property features over $30,000 in recent upgrades, including a fully remodeled kitchen with quartz countertops, luxury vinyl plank flooring, and updated bathrooms, providing a turnkey, move-in-ready experience.
Situated at the back of the Monticello community, this home offers superior quiet and privacy while maintaining excellent proximity to major freeways, Newport Beach, and world-class shopping.
The home boasts a highly functional garage with epoxy flooring and built-in cabinetry, a private tiled courtyard for entertaining, and a dedicated work-from-home nook.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property lacks a central HVAC system, relying instead on a wall-mounted AC unit in the primary suite, which may result in uneven cooling throughout the rest of the home.
The assigned local schools have relatively average ratings (4/10 for elementary and 6/10 for high school), which may be a consideration for families prioritizing top-tier educational districts.
Welcome to a beautifully renovated 2-bedroom, 2-bath home in the desirable Monticello community of Costa Mesa, ideally located at the back of the community offering added privacy and quiet. Recently updated with over $30,000 in improvements, it boasts a fully remodeled and expanded kitchen completed in September 2025 featuring quartz countertops, white soft-close shaker style cabinetry, stainless steel appliances, farm house sink. The kitchen walls have been opened up for a more modern lifestyle including bar seating for four which enhances the flow between the kitchen and living space. The popular layout provides a large main floor bedroom and an upstairs primary suite with an added large walk-in closet and tastefully remodeled bathroom. Additional upgrades include luxury vinyl plank flooring throughout, recessed lighting, ceiling fans, upgraded staircase and railing, dual-pane windows, upgraded electrical outlets and recessed lighting. The primary suite boasts beadboard accent walls and ceiling, built-in AC wall unit, and an upgraded bathroom which includes an oversized shower with subway tile surrounds, dual shower heads, clear glass enclosure, and upgraded vanity. Just outside the french doors of the bedroom is a convenient nook - great for desk space and work from home lifestyle. The main floor bathroom provides a tub/shower combo, large vanity and is adjoining to the dual closets servicing the main floor bedroom. Enjoy a private tiled courtyard, perfect for BBQs and entertaining, plus a charming front yard with new sod and a mature lemon tree. The garage features epoxy flooring, built-in cabinetry, overhead storage, and a LiftMaster MyQ smart garage motor and designated laundry area. Added bonus - the garage opens to an interior street and not other garages allowing for easy access.Take advantage of this rare opportunity to own a move-in ready home in Monticello Community. Homeowners enjoy the community pool and clubhouse, as well as discounted pricing to OC Fair Grounds for all residents and short distance to the local dog park, conveniently located near freeways including the 405, 73 and 55, and beaches in Newport Beach, world renowned shopping and more! Live close to it all!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,244 | 1,244 | 50% |
| Lot Size | 1,400 | 1,400 | 50% |
| Price | $850.0K | $850.0K | 50% |
| Price per sq ft | $683 | $675 | 57% |
| Built year | 1967 | 1967 | 50% |
| HOA | $480.0 | $480 | 50% |
| Days on market | 27 | 89 | 14% |
Mar 26, 2026
$850,000
Initial Listing
Aug 3, 2020
$542,500
Public Record
Dec 17, 2014
$395,000
Public Record
Oct 16, 2007
$402,500
Public Record