192 Buoy, Costa Mesa, California 92627, Costa Mesa, 92627 - 3 bed, 2 bath
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Costa Mesa, California 92627
This Mid-Century Single Family Residence is a Strong Value Opportunity, listed at $1,875,000—positioned well below the $1,883,350 Fair Market Value by 0.44%. This valuation gap offers $8,350 in Instant Equity. Featuring a Condition Rating of 4, the home offers a spacious 6,495 sqft lot and a luxurious garden patio. Located in the Newport Mesa Unified district near top-rated schools, it balances lifestyle appeal with long-term potential. This is an ideal acquisition for Owner-Occupants seeking a tranquil sanctuary or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 192 Buoy Subject | $1,875,000* List Price | 3 | 2 | 1,452 | $1,297 | - |
A 186 Buoy Sold | $1,950,000 | 3 | 2 | 1,452 | $1,343 | 0.0 mi |
B 1925 Fullerton Avenue Sold | $1,899,000 | 3 | 2 | 1,460 | $1,301 | 0.4 mi |
C 2147 Aster Sold | $2,000,000 | 4 | 3 | 1,575 | $1,270 | 0.3 mi |
D 300 Alva Sold | $1,850,000 | 3 | 2 | 1,512 | $1,224 | 0.4 mi |
E 329 E 19th Sold | $1,875,000 | 3 | 1 | 1,199 | $1,564 | 0.6 mi |
F 2136 Parsons Sold | $1,335,000 | 3 | 2 | 1,296 | $1,030 | 0.6 mi |
G 268 & 270 Walnut Street Sold | $1,825,000 | 3 | 3 | 1,224 | $1,491 | 0.3 mi |
H 249 E Wilson Sold | $1,660,000 | 3 | 2 | 1,296 | $1,281 | 0.7 mi |
I 300 Esther Street Pending | $2,185,000 List Price | 4 | 2 | 1,647 | $1,327 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this mid-century home is exceptionally well-maintained externally with high-quality landscaping, but the description lacks mention of recent kitchen or bath renovations. Given the age and 'classic' status, the interior systems and finishes are likely dated (>20 years) and will require modern updates.
Situated on one of the most tranquil streets in Eastside Costa Mesa, this property offers a highly desirable 'beach close' lifestyle with convenient access to premium retail, dining, and top-rated Newport Mesa schools.
The property features an expansive 6,495 sqft lot with a meticulously landscaped backyard sanctuary, including a garden patio, mature fruit trees, and lush lawns that provide ultimate privacy and a seamless indoor-outdoor flow.
This single-level 1957 classic boasts a sought-after open floor plan and mid-century architecture, offering a timeless aesthetic and a functional layout that is ideal for both entertaining and comfortable daily living.
At a list price of $1,875,000 for 1,452 square feet, the property commands a high price per square foot, which may be a hurdle for buyers looking for more interior living space at this valuation.
Given the 1957 construction date, the home may require significant capital investment for modernizing core systems or structural updates to meet contemporary energy efficiency and building standards.
Presenting a special opportunity to experience one of the most tranquil streets in all of Eastside Costa Mesa. Resting on an ample lot with spacious front, back and side yard, this single level mid-century classic boasts an open floor plan, ideal for entertaining and indoor/outdoor living. The great room and kitchen open to a luxurious garden patio with plenty of room for outdoor dining and lounging. Perfectly anchoring the grounds, a shade providing star pine works in concert with flowering vines, mature fruit trees and lush lawn to create a dreamy backyard sanctuary that affords both the ultimate in privacy and serenity. This beach close location offers the best of all worlds, being strategically situated near central commuting hubs and retail, entertainment and dining favorites. However, what makes Buoy Street in particular so special must be discovered in person.
No exterior & parking available.
Grades 3-6 • 0.3 mi
Grades PK-2 • 0.5 mi
Grades PK-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,452 | 1,654.5 |
| Lot Size | 6,495 | 6,561 |
| Price | $1.88M | $1.62M |
| Price per sq ft | $1.3K | $1.0K |
| Built year | 1957 | 1960 |
| HOA | $0 | $480 |
| Days on market | 24 | 46 |
Jun 28, 2026
$1,875,000
Initial Listing