
Costa Mesa, California 92627
This Dual-Residence Turnkey Property is a Strong Value Opportunity, listed at $2,295,000—positioned well below the $2,321,858 Fair Market Value by 1%. This valuation gap offers $26,858 in Instant Equity. Completed in 2022, the property holds a Mint Condition Rating, featuring two independent homes with Solar Panels, Chef's Kitchens, and Private Patios. Its versatile layout is ideal for Multigenerational Families or Income-Focused Investors seeking a high-quality, low-maintenance asset in a prime coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2049 Monrovia Subject 0 bd · 0 ba · 2,730 sqft · $850 | $2,295,000* List Price | 0 | 0 | 2,730 | $850 | - |
A 939 Dogwood Street Sold 3 bd · 2 ba · 1,812 sqft · $897 · 0.3 mi | $1,625,000 | 3 | 2 | 1,812 | $897 | 0.3 mi |
B 2187 Meyer Place Sold 3 bd · 3 ba · 1,772 sqft · $1,089 · 0.7 mi | $1,930,000 | 3 | 3 | 1,772 | $1,089 | 0.7 mi |
C 2199 National Active 4 bd · 4 ba · 2,284 sqft · $766 · 0.4 mi | $1,749,000 List Price | 4 | 4 | 2,284 | $766 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is less than 5 years old and in mint condition. It features two modern residences with chef-inspired kitchens, contemporary bathrooms with high-end tile work, and updated systems including A/C and solar panels. The property is completely turnkey with no maintenance required.
Elementary School: Hyer Elementary School (10/10). High School: Highland Park High School (9/10).
The property features two independent, nearly new homes (built in 2022) on a single lot, providing an exceptional opportunity for multigenerational living or significant rental income.
Both residences boast contemporary designs with cathedral ceilings, chef's kitchens with large islands, and custom California Closets, offering a truly turnkey luxury experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2730, other record living area = 1630.
Despite its proximity to the coast and premium price point, the property lacks any significant views, which may be a drawback for buyers seeking a coastal aesthetic.
The property has undergone two price reductions within its first 33 days on the market, suggesting the initial list price was not aligned with current buyer demand or local comparable sales.
Rare opportunity to own TWO - nearly new homes on a generous single lot. Completed in 2022, these two distinct residences are located in one of the most desirable pockets of town with cool coastal breezes, just over a mile to the beach, and moments from a number of Costa Mesa's beautiful nature preserves and parks. The front home spans 1,630 sq. ft. with an open-concept floor plan, 2 bedrooms plus a dedicated office, 2 full baths, soaring cathedral ceilings and French doors that open onto a beautifully landscaped front yard and patio creating a bright seamless indoor-outdoor flow. The chef's kitchen features a large center island and abundant cabinetry, while the primary suite includes a spacious walk-in closet and French doors that lead to the back patio. Both bedroom closets are outfitted with custom California Closets built-ins. This home has A/C and attached oversized 2 car garage. The back home offers 1,100 sq. ft. of equally thoughtful design, with 2 bedrooms, 2 full baths, cathedral ceilings, a large kitchen island, ample kitchen storage, and a master suite walk-in closet with California Closets built-ins. Each residence is fully independent with its own washer/dryer and solar panel system. This opportunity is Ideal for multigenerational living, guests or rental income. Don't want to miss out on this truly turnkey, thoughtfully designed property in one of Costa Mesa's most sought-after neighborhoods.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades PK-6 • 0.5 mi
Grades PK-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.7 |
| Baths | 0.0 | 2.7 |
| Square foot | 2,730 | 1,808.331 |
| Lot Size | 7,260 | 6,450.805 |
| Price | $2.29M | $1.68M |
| Price per sq ft | $841 | $962 |
| Built year | 2022 | 1961 |
| HOA | $0 | $302 |
| Days on market | 54 | 51 |
Oct 4, 2026
$2,295,000
$2,325,000
-1% Price Drop
Initial Listing
Sep 18, 2026
$2,325,000
$2,375,000
-2% Price Drop
Initial Listing
Sep 1, 2026
$2,375,000
Initial Listing
Nov 2, 2020
$788,500
Public Record
Aug 30, 2001
$349,000
Public Record