2038 Aliso Avenue, Costa Mesa, California 92627, Costa Mesa, 92627 - 3 bed, 3 bath
2038 Aliso Avenue
Costa Mesa, California 92627
Property Price
SUMMARY
Analysis of 2038 Aliso Avenue, Costa Mesa, California 92627 reveals a property with a current list price of $2,950,000, which is 3% above the estimated $2,852,948 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 2038 Aliso Avenue Subject | $2,950,000* List Price | 3 | 3 | 2,427 | $1,176 | - |
A 1951 Aliso Avenue Sold | $2,995,000 | 3 | 3 | 2,515 | $1,191 | 0.2 mi |
B 366 Esther Street Sold | $3,100,000 | 4 | 4 | 2,634 | $1,177 | 0.3 mi |
C 337 Vista Baya Sold | $2,500,000 | 3 | 3 | 2,000 | $1,250 | 0.6 mi |
D 418 Broadway Sold | $3,615,000 | 4 | 3 | 2,316 | $1,561 | 0.5 mi |
E 269 Cecil Place Sold | $2,280,000 | 4 | 2 | 1,832 | $1,245 | 0.7 mi |
F 329 Colleen Place Sold | $2,725,000 | 3 | 3 | 3,058 | $891 | 0.6 mi |
G 158 Cecil Active | $2,399,000 List Price | 3 | 3 | 2,372 | $1,011 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition, featuring a high-end chef's kitchen with newer appliances and beautifully refinished original hardwood flooring. Significant structural and aesthetic updates have been made, including a newer roof and the replacement of many French doors and windows, though it maintains its 1959 character rather than being a total new-build or 100% modern reconstruction.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the highly coveted Eastside Costa Mesa area, the property offers immediate access to Newport Back Bay trails and the vibrant dining and shopping scene on 17th Street.
- Modernized Character
The home features a perfect blend of original charm and essential updates, including a newer roof, replaced French doors and windows, and beautifully refinished original hardwood flooring.
- Private Oversized Lot
Set on a generous 8,448-square-foot lot at the end of a quiet cul-de-sac, this residence provides a rare level of privacy and expansive outdoor space for the neighborhood.
CONSRISKS & DEFICIENCIES
- Market Pricing Volatility
A substantial price reduction of $450,000 shortly after the initial listing suggests a misalignment with current market expectations or initial overvaluation.
- Lack of Scenic Views
Despite its premium price point and proximity to the coast, the property is noted as having no views, which may be a drawback for buyers seeking a coastal or canyon vista.
About 2038 Aliso Avenue
Welcome to 2038 Aliso Avenue, where timeless style meets one of Costa Mesa’s most coveted locations. Set on an oversized lot towards the end of a quiet cul de sac, the property offers exceptional privacy and a sense of retreat. This 3-bedroom, 3-bathroom residence is thoughtfully positioned near the Newport Back Bay, offering easy access to scenic walking and biking trails and a lifestyle rooted in coastal ease. Just minutes away, 17th Street provides a vibrant mix of acclaimed dining, boutique shopping, and everyday conveniences, all within the highly rated Newport Mesa Unified School District. The home itself strikes a refined balance between original character and modern updates. A double-sided fireplace creates a warm architectural focal point, connecting the main living spaces with effortless elegance. In the chef’s kitchen, a newer refrigerator complements a layout designed for both function and entertaining. Many of the French doors and windows have been replaced, enhancing natural light and comfort throughout, while much of the original wood flooring has been beautifully refinished, preserving the home’s authentic charm. A newer roof adds an important layer of peace of mind. Classic, composed, and quietly impressive, 2038 Aliso Avenue is Costa Mesa living at its most polished.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 8,448 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 • 0.2 mi
Heinz Kaiser Elementary School
Grades 3-6 • 0.5 mi
Mariners Elementary School
Grades PK-6 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,427 | 1,799.5 | 76% |
| Lot Size | 8,448 | 6,377.5 | 90% |
| Price | $2.95M | $1.66M | 84% |
| Price per sq ft | $1.2K | $1.0K | 68% |
| Built year | 1959 | 1957 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 157 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$2,950,000
$3,400,000
-13% Price Drop
Initial Listing
Price Change
Jan 27, 2026
$3,400,000
Initial Listing
Sold
Oct 9, 1997
$395,000
Public Record