1938 Westminster, Costa Mesa, California 92627, Costa Mesa, 92627 - 4 bed, 3 bath

1938 Westminster
Costa Mesa, California 92627
Property Price
SUMMARY
Analysis of 1938 Westminster, Costa Mesa, California 92627 reveals a Fairly Priced Property with a current list price of $2,699,000 aligned with the estimated $2,699,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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 Costa Mesa 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1938 Westminster Subject | $2,699,000* List Price | 4 | 3 | 2,515 | $1,073 | - |
A 366 Esther Street Sold | $3,100,000 | 4 | 4 | 2,634 | $1,177 | 0.3 mi |
B 2041 Westminster Avenue Sold | $2,447,000 | 4 | 3 | 2,518 | $972 | 0.2 mi |
C 328 Magnolia Street Sold | $2,200,000 | 4 | 2 | 1,578 | $1,394 | 0.3 mi |
D 1951 Aliso Avenue Sold | $2,995,000 | 3 | 3 | 2,515 | $1,191 | 0.5 mi |
E 269 Cecil Place Sold | $2,280,000 | 4 | 2 | 1,832 | $1,245 | 0.8 mi |
F 201 E 21st Street Active | $2,645,000 List Price | 3 | 3 | 2,151 | $1,230 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant high-end updates, including a brand-new roof (2024), updated windows (2015), and a gourmet kitchen equipped with quartz countertops and professional-grade Viking appliances. While originally built in 1987, the home has been well-maintained and modernized in key areas such as the primary ensuite and kitchen, though it retains its original custom architectural charm and layout.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Parking and Access
The property features a three-car garage, a full driveway, and alley access, which are exceptionally rare and highly coveted amenities for the Eastside Costa Mesa area.
- Gourmet Chef's Kitchen
The custom kitchen is a standout feature, equipped with a six-burner Viking range, double dishwashers, quartz countertops, and a walk-in pantry, catering to high-end culinary needs.
- Recent Capital Improvements
Significant recent upgrades, including a brand-new roof installed in 2024 and updated windows from 2015, provide immediate value and peace of mind regarding long-term maintenance.
CONSRISKS & DEFICIENCIES
- Traffic Exposure
Positioned on a prominent corner lot at Westminster and Walnut, the home may experience higher levels of street noise and reduced privacy compared to interior residential parcels.
- Market Stigma
The property has returned to the market following a buyer's failure to perform and has undergone multiple price reductions, which can sometimes create a negative perception regarding its value or desirability.
About 1938 Westminster
Back on Market!! Buyer was willing, but unable to perform, so this Eastside GEM is back on the market and price just reduced!! Home is ideally positioned on a premier corner lot at Westminster and Walnut and offers amenities that are rare for the Eastside: a 3 car garage, FULL driveway and alley access. Custom built in 1987, the home is full of charm and thoughtful design. Upon entry, you're welcomed by a cozy alcove with built-in bench sitting and desk space - perfect as a quiet reading nook or a functional mudroom for coats, shoes and daily essentials. Beyond the entry, the home opens into a spacious great room with an open living area and expansive kitchen with adjacent dining nook. The home offers two fireplaces - one in the main level great room and the other in the primary bedroom suite - creating warm and inviting living spaces throughout. The custom kitchen is truly impressive, featuring quartz countertops with bar seating, abundant cabinetry with open shelving, a built-in desk area, a walk-in pantry, center island for prep, double dishwashers & a six-burner Viking range. The adjoining dining nook includes built-in bench seating and a wall of windows that fills the space with natural light. A 3/4 bathroom & a separate laundry room complete the main level. Upstairs, the primary suite boasts vaulted ceilings, a walk-in closet & an ensuite bathroom with soaking tub, oversized walk-in shower & dual vanities. A private balcony deck extends the retreat. On the opposite wing, three additional bedrooms - two with charming window seats - share a full bathroom and connect to a central family/bonus room ideal for tv, games or gatherings. Above this space is an open loft currently used for storage, offering excellent potential for an additional play space or private home office. Outdoor living is equally inviting. The front patio features a built-in BBQ and wraparound raised beds. The private, enclosed backyard offers covered patio areas, lawn space, multiple planting beds and mature fruit trees throughout the property. Additional features include a large gated side area perfect for bikes, recreational gear or a storage shed. Upgrades include a new roof (2024) and updated windows (2015). A truly one-of-a-kind Eastside home with rare features, flexible living spaces and exceptional outdoor amenities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 6,381 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Woodland Elementary School
Grades PK-2 • 0.4 mi
Heinz Kaiser Elementary School
Grades 3-6 • 0.5 mi
Mariners Elementary School
Grades PK-6 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,515 | 1,799.5 | 76% |
| Lot Size | 6,381 | 6,377.5 | 51% |
| Price | $2.70M | $1.66M | 82% |
| Price per sq ft | $1.1K | $1.0K | 55% |
| Built year | 1987 | 1957 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 157 | 7% |
Pricing History
Listed for Sale
Mar 5, 2026
$2,699,000
$2,875,000
-6% Price Drop
Initial Listing
Price Change
Jan 27, 2026
$2,875,000
$3,075,000
-7% Price Drop
Initial Listing
Price Change
Jan 3, 2026
$3,075,000
Initial Listing







































