2187 Meyer Place, Costa Mesa, California 92627, Costa Mesa, 92627 - 3 bed, 3 bath
2187 Meyer Place
Costa Mesa, California 92627
Property Price
SUMMARY
Analysis of 2187 Meyer Place, Costa Mesa, California 92627 reveals a Prime Investment Opportunity with a current list price of $1,995,000—significantly undercutting the $2,087,464 Fair Market Value by 4%. This valuation gap indicates a +$92,464 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2187 Meyer Place Subject | $1,995,000* List Price | 3 | 3 | 1,772 | $1,178 | - |
A 939 Congress Street Sold | $1,795,000 | 4 | 2 | 1,892 | $949 | 0.7 mi |
B 2064 Republic Avenue Sold | $1,720,000 | 4 | 2 | 1,700 | $1,012 | 0.8 mi |
C 872 Senate Sold | $1,650,000 | 3 | 2 | 1,481 | $1,114 | 0.6 mi |
D 2229 Anaheim Active | $1,599,000 List Price | 3 | 3 | 1,304 | $1,226 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is essentially brand-new construction with a 2025 completion date. It features high-end designer finishes including Italian Stosa cabinetry, quartz and marble surfaces, and luxury vinyl flooring. All major systems—HVAC, roof, plumbing, and electrical—are new, meeting the highest modern standards with zero deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7695, living area = 1772.
- Great Schools
Elementary School: Hyer Elementary School (10/10). High School: Highland Park High School (9/10).
- Comprehensive 2025 Rebuild
The property is essentially brand-new construction with high-end designer finishes, including Italian Stosa cabinetry and all-new major systems, offering a maintenance-free, turnkey lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1772, other record living area = 1155.
- High Price Per Square Foot
At 1,772 square feet for nearly $2 million, the interior living space is relatively compact compared to other luxury offerings in the Costa Mesa market.
- Mixed School Ratings
While the location is prime, several of the local assigned schools carry lower performance ratings, which may be a consideration for education-focused families.
About 2187 Meyer Place
This Meyer Place residence is more than a home—it’s a lifestyle investment. The property underwent a major renovation with a substantial portion rebuilt as brand-new construction in 2025, fully permitted and approved by the City of Costa Mesa. The main residence spans 1,772 sq ft with 3 bedrooms, 2 full bathrooms, and 1 powder room and resides on a large 7,695 sqft lot at the end of a quiet cul-de-sac. With issued ADU permits and a private pickleball-ready sport court, the property offers versatility for income, guest quarters, or multi-generational living.Inside, 10-foot flat ceilings flood the open layout with natural light. The designer kitchen showcases Italian Stosa wood cabinetry, quartz countertops, luxury lighting, an oversized island, and a full KitchenAid appliance suite. A porcelain fireplace wall, custom millwork, and wide-opening glass doors enhance the indoor-outdoor connection.Material selections are elevated throughout: luxury vinyl flooring, quartz and marble surfaces, marble in the powder bath, quartz in the primary bath, Marvel tile in the primary shower, and a porcelain fireplace surround. Major systems are new in 2025, including HVAC by AC Pro with Google Home smart controls, roof, plumbing with new water line to street and sewer line to driveway, irrigation, electrical with 200V exterior power and interior sub panel, and new gas and water meters. The foundation is substantially new as well.Outside, professional landscaping and accent lighting frame the modern architecture, with a private pickleball court and illuminated citrus focal tree creating a showpiece outdoor atmosphere.Just minutes from Newport Beach and Lido Marina Village, this is a rare blend of design, lifestyle, and investment opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 7,695 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
Everett A. Rea Elementary School
Grades PK-6 • 0.2 mi
Pomona Elementary School
Grades PK-6 • 0.3 mi
Wilson Elementary School
Grades PK-6 • 0.5 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 | 1,772 | 1,770.5 | 50% |
| Lot Size | 7,695 | 6,377.5 | 77% |
| Price | $2.00M | $1.66M | 68% |
| Price per sq ft | $1.1K | $1.0K | 60% |
| Built year | 2025 | 1957 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 157 | 2% |
Pricing History
Listed for Sale
Jan 22, 2026
$1,995,000
Initial Listing