1959 Balearic Drive, Costa Mesa, California 92626, Costa Mesa, 92626 - 4 bed, 4 bath

1959 Balearic Drive, Costa Mesa, California 92626 home-pic-0
ACTIVE$3,499,500
1959 Balearic Drive, Costa Mesa, California 92626
4Beds
4Baths
2,229Sqft
10,234Lot
Year Built
1963
Close
-
List price
$3.5M
Original List price
$35M
Price/Sqft
$1,570
HOA
-
Days on market
-
Sold On
-
MLS number
NP25104484
Home ConditionExcellent
Features
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.50M(98th), sqft - 2229(65th), beds - 4(50th), baths - 4(90th).

Have you been dreaming about living in Mesa Verde!! Location, Location + Entertainers Indoor-outdoor designer Mesa Verde Dream home is on the market! Grab it before it sells! It's a One of a kind designer gem with all of the amenities you dream of having on a massive 10,000+ sq foot lot. The home boasts 4 bedrooms and 3 1/2 baths which consist of a large master suite downstairs with two bedrooms and a loft upstairs along with a flex room downstairs with a murphy bed. As you walk into the private gate you have an open courtyard lined with turf and space for additional outdoor play. This open floor plan has high vaulted ceilings with a large great room that has glass sliders that open up the back of the house out to an entertainer's dream backyard. The Chef grade kitchen includes an island, Thermador double oven, Monogram oversized refrigerator, dishwasher, Thermador cooktop with range, wine refrigerator, microwave drawer, and ice maker to name a few of the designer appliances. The custom Panda glass folding doors make for the indoor-outdoor California dream living. The back yard consists of a custom-built overhang, Fire pit, outdoor shower, outdoor tiled island, Pizza oven, smoker, outdoor sink, 2 locking refrigerators, warming drawer, firewood rack, BBQ, and a Cowboy Grill to boot! To top off this amazing back yard there is a sports court, Northern Lights Cedar Hot Tub that holds 6-8 people and the landscaping includes a Meyer lemon tree, Lime Tree, and grapevines. If you feel like having your own organic boxed garden you can have that too! The home includes indoor-outdoor surround sound, AC, Nest System, 3 car garage, and gorgeous wood floors throughout. If you are looking for a designer home to buy in an amazing community close to the park, bike trails and Turn-Key don't wait this one will not last!!!

Nearby schools

7/10
Adams Elementary School
Public,PK-60.3mi
8/10
California Elementary School
Public,K-61.1mi
4/10
Charles W. Tewinkle Middle School
Public,7-81.1mi
5/10
Estancia High School
Public,9-121.1mi
Condition Rating
Excellent

Despite being built in 1963, this property has undergone an extensive, high-quality renovation, making it feel virtually new. The kitchen boasts chef-grade Thermador and Monogram appliances, modern white shaker cabinetry, quartz countertops, and stylish pendant lighting. Bathrooms are equally updated with contemporary vanities, fixtures, and tiling (including shiplap and patterned floor tiles in the powder room). The home features gorgeous light wood floors throughout, high vaulted ceilings, modern light fixtures, AC, and a Nest System. The custom Panda glass folding doors and extensively upgraded outdoor living space with a full outdoor kitchen, fire pit, sports court, and hot tub further solidify its 'excellent' condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10234, living area = 2229.
Exceptional Outdoor Entertainment: The property boasts an 'entertainer's dream backyard' featuring a custom overhang, fire pit, outdoor kitchen with high-end appliances (pizza oven, smoker, multiple refrigerators, warming drawer, BBQ, Cowboy Grill), a sports court, a 6-8 person hot tub, and mature fruit trees, offering unparalleled outdoor living.
High-End Designer Finishes & Appliances: Showcases a 'one of a kind designer gem' aesthetic with a chef-grade kitchen equipped with Thermador and Monogram appliances, custom Panda glass folding doors, high vaulted ceilings, gorgeous wood floors, indoor-outdoor surround sound, and a Nest System.
Generous Lot Size: Situated on a 'massive 10,000+ sq foot lot' (10,234 sqft), providing ample space for privacy, outdoor activities, and potential future expansion, which is a significant asset in this area.
Seamless Indoor-Outdoor Living: Designed for the 'California dream living' with custom Panda glass folding doors and large glass sliders that create an effortless transition from the open-plan interior to the expansive, amenity-rich backyard.
Turn-Key & Modernized: Described as 'Turn-Key' with recent updates including AC, a Nest System, and a 3-car garage, indicating it's ready for immediate occupancy without requiring significant initial renovations.

Cons

Significant Price Discrepancy: The listing price of $3.4995M is substantially higher (31% above) the estimated property value of $2.412M, which may deter potential buyers and complicate financing or appraisal processes.
Lower Square Footage Relative to Price: At 2,229 sqft, the interior living space is smaller than several comparable properties in the same price range, potentially offering less value per square foot for buyers seeking larger homes.
Age of Original Construction: Built in 1963, the home's original construction date, despite extensive modern updates, may raise concerns for some buyers regarding the long-term maintenance and structural integrity compared to newer builds.

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