
Costa Mesa, California 92627
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $1,895,000—positioned well below the $1,948,894 Fair Market Value by 2%. This valuation gap offers $53,894 in Instant Equity. Featuring a Mint Condition Rating with a new 50-year roof and spa-inspired bath, the home offers immediate comfort. Located in the Newport Mesa Unified district near top-rated schools, the property includes a Custom Covered Patio and ADU Potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking coastal luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2336 Cynthia Court Subject | $1,895,000* List Price | 4 | 2 | 1,792 | $1,088 | - |
A 300 Esther Street Sold | $1,975,000 | 4 | 2 | 1,647 | $1,199 | 0.9 mi |
B 224 Pauline Place Sold | $1,650,000 | 2 | 2 | 1,323 | $1,247 | 0.6 mi |
C 2076 Tablelands Way Sold | $1,900,000 | 3 | 3 | 1,920 | $990 | 0.7 mi |
D 293 Mesa Dr Sold | $1,700,000 | 4 | 3 | 2,196 | $774 | 0.9 mi |
E 286 Carefree Sold | $1,450,000 | 3 | 3 | 1,623 | $893 | 0.7 mi |
F 2342 Cynthia Court Active | $2,195,000 List Price | 3 | 3 | 2,026 | $1,083 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1968, the property has undergone significant recent renovations including a new 50-year roof, a new on-demand water heater, and a fully remodeled spa-inspired bathroom. The interior features modern engineered wood flooring, recessed lighting, and stainless steel appliances, meeting the criteria for mint condition with no immediate maintenance required.
Situated in a quiet cul-de-sac in highly sought-after Eastside Costa Mesa, the property offers proximity to Upper Newport Bay and top-rated schools like Mariners and Kaiser Elementary.
The home features high-value updates including a new 50-year roof, an on-demand water heater, and a custom-built gabled patio cover that enhances the California indoor-outdoor lifestyle.
The property includes a main-level bedroom and a backyard layout designed to accommodate a future ADU, providing excellent flexibility for multi-generational living or rental income.
Three price reductions within the first 22 days on the market suggest the initial listing price was significantly above market expectations, potentially affecting buyer confidence.
While the description notes an expansive lot, the 4,500 sqft size is relatively standard for the area, which may limit the remaining yard space if an ADU is constructed.
Tucked away at the end of a secluded cul-de-sac on an expansive lot in coveted Eastside Costa Mesa, this beautifully appointed residence offers an exceptional blend of timeless design, thoughtful updates, and effortless California living. Crafted with an emphasis on quality and comfort, the home has been thoughtfully enhanced with engineered wood flooring, a new 50-year roof, and a new on-demand water heater. A beautifully renovated bathroom creates a spa-inspired retreat, complete with an extra-deep Kohler soaking tub. Additional appointments include recessed lighting throughout, stainless steel appliances, a spacious pantry, a convenient main-level bedroom, and direct access to an oversized garage with abundant storage. A custom covered patio with a soaring gabled roof, integrated lighting, and ceiling fans extends the home's living space outdoors, creating an elegant setting for year-round entertaining, al fresco dining, and relaxed coastal evenings while hummingbirds visit the garden. The expansive backyard offers exceptional privacy and ample space for a future ADU, providing flexibility for multigenerational living, a guest house, home office, or income potential. Ideally located in one of Eastside Costa Mesa's most sought-after neighborhoods, this exceptional residence is just moments from the scenic trails and natural beauty of the Upper Newport Bay, world-class beaches, award-winning schools, acclaimed dining, shopping, and the best of the Southern California coastal lifestyle. Offering a rare combination of privacy, generous outdoor space, and enduring quality, this is a home designed to be enjoyed for years to come.
No exterior & parking available.
Grades 3-6 • 0.5 mi
Grades PK-2 • 0.8 mi
Grades PK-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,792 | 1,654.5 |
| Lot Size | 4,500 | 6,561 |
| Price | $1.90M | $1.62M |
| Price per sq ft | $1.1K | $1.0K |
| Built year | 1968 | 1960 |
| HOA | $0 | $480 |
| Days on market | 27 | 46 |
Jul 17, 2026
$1,895,000
$1,950,000
-3% Price Drop
Initial Listing
Jul 10, 2026
$1,950,000
$1,999,900
-2% Price Drop
Initial Listing
Jul 9, 2026
$1,999,900
$1,999,950
+0% Price Increase
Initial Listing
Jun 25, 2026
$1,999,950
Initial Listing
Sep 10, 2014
$770,000
Public Record
Sep 7, 2005
$809,500
Public Record
Mar 3, 1999
$285,000
Public Record