
Costa Mesa, California 92627
This Versatile Eastside Costa Mesa Estate is listed at $2,725,000, representing a premium residential asset relative to its $2,552,084 Fair Market Value. The property’s exceptional upside is anchored by an expansive 10,106 Square Foot Lot featuring SB9 Lot Split Eligibility and Historic Preservation Opportunities. Maintaining a Well-Maintained Condition Rating, the 1922 character home is complemented by a Detached ADU and remodeled interiors. Situated within the Newport Mesa Unified District near Top-Rated Schools like Kaiser and Mariners Elementary, this is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking a custom compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2197 Santa Ana Avenue Subject | $2,725,000* List Price | 4 | 2 | 2,055 | $1,242 | - |
A 330 Colleen Place Sold | $2,710,000 | 4 | 3 | 2,245 | $1,207 | 0.2 mi |
B 278 Virginia Place Sold | $2,790,000 | 4 | 3 | 2,299 | $1,214 | 0.1 mi |
C 2342 Westminster Sold | $2,130,000 | 6 | 4 | 1,903 | $1,119 | 0.4 mi |
D 2038 Aliso Avenue Sold | $2,910,000 | 3 | 3 | 2,427 | $1,199 | 0.6 mi |
E 269 Cecil Place Sold | $2,280,000 | 4 | 2 | 1,832 | $1,245 | 0.1 mi |
F 1809 Tustin Sold | $2,250,000 | 4 | 3 | 2,056 | $1,094 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1922, the property has been thoughtfully updated with a remodeled kitchen, bathrooms, and modern flooring. The interior finishes appear to be within the 5-15 year renovation window, making it well-maintained and move-in ready despite its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10106, living area = 2055.
The expansive 10,106 square foot lot is eligible for an SB9 lot split or historic preservation, offering rare investment upside and the flexibility to create a multi-unit compound.
The property includes a detached ADU with its own bedroom and bathroom, providing immediate options for rental income, guest accommodations, or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2055, other record living area = 1500. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The primary three-bedroom residence contains only one bathroom, which may be a significant functional drawback for modern families and larger households.
Built in 1922, the property may require substantial ongoing maintenance or upgrades to aging structural and mechanical systems that typically accompany a hundred-year-old home.
Welcome to 2197 Santa Ana Ave, a truly rare offering in the heart of Eastside Costa Mesa. Situated on an expansive 10,000+ square foot lot, this unique property presents exceptional potential with eligibility for an SB9 lot split or Historic Preservation opportunities—making it a standout investment and lifestyle opportunity. Originally built in 1922, the charming single-story main residence features 3 bedrooms and 1 bathroom, thoughtfully updated with remodeled kitchen, bathrooms, and flooring while still preserving its original character and architectural details. The warm, inviting atmosphere offers a nostalgic nod to the area’s rich history. Complementing the main home is a detached ADU with its own bedroom and bathroom—perfect for guests, rental income, or multi-generational living. A small basement adds additional flexibility, ideal for storage, a workshop, or creative use. The property boasts a spacious front yard and an expansive backyard, providing endless possibilities for outdoor entertaining, expansion, or future development. Whether you’re looking to build your dream home, create a custom compound, or explore multi-unit potential, this oversized lot offers incredible flexibility. Located in highly desirable Eastside Costa Mesa, just minutes from beaches, popular dining, shopping, and top-rated schools, this is a rare opportunity to own a versatile property in one of Orange County’s most sought-after neighborhoods. Don’t miss your chance to unlock the full potential of this exceptional property.
No exterior & parking available.
Grades 3-6 • 0.1 mi
Grades PK-2 • 0.4 mi
Grades PK-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,055 | 1,644 | 77% |
| Lot Size | 10,106 | 6,600 | 94% |
| Price | $2.73M | $1.75M | 84% |
| Price per sq ft | $1.3K | $1.1K | 80% |
| Built year | 1922 | 1956 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 131 | 7% |
Apr 30, 2026
$2,725,000
Initial Listing
Jan 8, 2018
$1,100,000
Public Record