1974 Meyer Place D, Costa Mesa, California 92627, Costa Mesa, 92627 - 2 bed, 3 bath

1974 Meyer Place D, Costa Mesa, California 92627 home-pic-0

1974 Meyer Place D

Costa Mesa, California 92627

ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,488Sq Ft
1,176Lot Size

Property Price

LIST PRICE$1,019,000
EST. MARKET VALUE
$1,062,459
4% BelowMARKET VALUE

SUMMARY

Analysis of 1974 Meyer Place D, Costa Mesa, California 92627 reveals a Prime Investment Opportunity with a current list price of $1,019,000—significantly undercutting the $1,062,459 Fair Market Value by 4%. This valuation gap indicates a +$43,459 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$1,062,459 +$43,459 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Costa Mesa.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1974 Meyer Place D
Subject
$1,019,000*
List Price
231,488$714-
A
519 Caleigh Lane
Sold
$1,205,000441,830$6580.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2016, this property meets the criteria for excellent condition as it is within the 10-year age threshold and features modern luxury finishes. The home includes a gourmet kitchen with granite countertops and stainless steel appliances, luxury waterproof vinyl flooring throughout, and a recently remodeled powder room with quartz finishes. With high-end additions like California Closets, epoxy garage floors, and updated lighting, the property presents as virtually new with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Hyer Elementary School (10/10). High School: Highland Park High School (9/10).

  • Modern Luxury Finishes

    Built in 2016, this residence features high-end upgrades including luxury waterproof vinyl flooring, a gourmet granite kitchen with soft-close cabinetry, and custom California Closets, offering a sophisticated, move-in-ready experience.

  • Prime Coastal Location

    Located in an exclusive five-home enclave in Costa Mesa’s vibrant Westside, the property enjoys refreshing ocean breezes and is just minutes from the beaches, dining, and shopping of Newport Beach.

CONSRISKS & DEFICIENCIES

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1176, living area = 1488.

  • Three-Story Layout

    The vertical design across three levels may be a drawback for buyers concerned with accessibility or those who prefer a more traditional, single-level living flow.

  • Limited Bedroom Count

    With only two bedrooms, the property may not meet the needs of larger families or buyers requiring multiple guest rooms and a dedicated permanent office space.

About 1974 Meyer Place D

The Cadence Community is an exclusive enclave of only five beautifully designed single-family homes built in 2016 with low HOA, showcasing modern luxury finishes throughout three stylish levels and ideally located in Costa Mesa’s vibrant Westside, where exciting revitalization continues daily with an ever-growing selection of dining and shopping destinations unlike anywhere else in Orange County. This sleek and stunning residence offers an impressive layout beginning with a first-floor foyer and flexible workspace area, an inside laundry room with added cabinetry, and direct access to the finished two-car garage featuring an epoxy floor and built-in overhead storage. The second level reveals a light-filled open-concept living space highlighted by a spacious living room with media niche and chic floating shelving, a full-size dining area, a gourmet granite kitchen with upgraded soft-closing cabinetry and stainless steel appliances, a beautifully remodeled powder room with quartz vanity, and a sliding door that opens to a convenient balcony—perfect for barbecuing, evening dining, or sipping morning coffee with refreshing ocean breezes, as the home is just minutes from the surf and sand of Newport Beach. The upper level features a generous landing with custom built-in white shaker cabinetry and extended counter space, along with two spacious ensuite bedrooms. The primary suite offers a large mirrored walk-in closet with extensive California Closet custom organizers, dual sinks, a tub/shower combination with clear glass enclosure, updated lighting, and a private water closet, while the secondary suite also features a mirrored organized closet and a tub/shower bath with designer tile surround. Additional highlights include volume ceilings, central air conditioning, luxury waterproof vinyl flooring throughout, dual-pane windows, custom window blinds, abundant recessed lighting, raised-panel interior doors, and tall baseboards, along with direct access from the garage to a private fenced backyard and an additional private parking space adjacent to the garage. Excellent Newport-Mesa schools serve the area, including award-winning Estancia High School with a newer football field, swimming pool, and state-of-the-art theater.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2016
Lot Size
1,176 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$125.0 / Month

Neighborhood Insights

Costa Mesa Unified Schools

Pomona Elementary School

Grades PK-6 • 0.3 mi

4/10

Everett A. Rea Elementary School

Grades PK-6 • 0.3 mi

4/10

Wilson Elementary School

Grades PK-6 • 0.9 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
13%
Baths3.03.0
50%
Square foot1,4881,752.5
34%
Lot Size1,1766,359.5
1%
Price$1.02M$1.65M
7%
Price per sq ft$685$1.0K
12%
Built year20161957
84%
HOA$125.0$0
80%
Days on market51157
6%

Pricing History

Listed for Sale

Jan 15, 2026

$1,019,000

Initial Listing

Sold

May 4, 2022

$920,000

Public Record

Sold

Jan 14, 2020

$625,000

Public Record

Sold

Dec 18, 2012

$575,000

Public Record

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