
Costa Mesa, California 92626
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $1,725,000—positioned well below the $1,958,065 Fair Market Value by 11%. This valuation gap offers $233,065 in Instant Equity. Boasting a Good Condition Rating, the home features a Gourmet Kitchen, Owned Solar System, and a Private Stone-Paved Patio. Located in the Newport Mesa Unified district, this property balances modern efficiency with high-end comfort. It is an ideal acquisition for Owner-Occupants seeking a premium lifestyle or discerning buyers prioritizing energy-efficient, move-in ready assets.
Property is move-in ready.
Built in 2006 (18 years old), this property fits the 10-20 year age bracket for a 'Good' rating. It is exceptionally well-maintained and move-in ready with high-end system upgrades including PEX plumbing, a 200-amp panel, and an owned 22-panel solar system with a backup battery. While the kitchen and bathrooms feature original cherry cabinetry and granite from the mid-2000s, they are in functional, high-quality condition with recent appliance and cosmetic refreshes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13297, living area = 2081.
The property features an owned 22-panel solar system with a backup battery and a Level 2 Tesla charger, providing significant utility savings and modern infrastructure for EV owners.
The kitchen is equipped with professional-grade GE Monogram appliances, including a six-burner gas cooktop and brand-new microwave, complemented by cherry cabinetry and granite countertops.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The $305 monthly association fee adds a continuous carrying cost to the property, which may be a consideration for buyers comparing it to non-gated single-family homes.
While the community is low-maintenance, the emphasis on hardscaping and the stone-paved patio means there is minimal traditional green space or lawn for pets and children within the private lot.
Welcome to 2520 Cornerstone Ln, a nearly 2,100 sqft detached residence in Cornerstone, a desirable gated community. Built in 2006 and refreshed with contemporary designer exterior colors in recent years, this New Traditional styled home delivers privacy, scale, and presence of single-family with the ease of a low-maintenance community. Inside, engineered hardwood floors flow through the living spaces, framed by crown molding, recessed lighting, windows shutters, all enhanced by the over 9ft high ceilings. The living room is anchored by a gas fireplace & built-in wine bar with a stainless beverage cooler. The family room adjacent has a brand-new built-in entertainment console and integrated sound system. The kitchen, both polished and practical, features cherry cabinetry with undermount lighting, granite countertops, pull-out shelving, and a chef's dream. All stainless steel GE Monogram appliances spotlighting a six-burner gas cooktop, and a brand-new built-in microwave. Just off the kitchen is a half bathroom ideal for guests. Upstairs, the home offers three bedrooms plus a versatile flex space that can live beautifully as a potential fourth bedroom, or private office with gorgeous built-in wood cabinetry, this room gives the home a rare flexibility for everyday life. The primary suite feels generous & composed, with coved ceilings, a walk-in closet with built-ins, and an ensuite. With dual sinks, granite counters, an oversized soaking tub, a walk-in shower, a separate vanity counter and private toilet closet, this ensuite is a retreat. One of the secondary bedroom opens to its own private balcony, while another includes a Murphy bed desk for added utility. Laundry upstairs is a dream for those who know. Off the hallway is a full bathroom with dual sinks and a separated wash area for add everyday function. Outside, the private stone-paved patio creates a true extension of the home, a pergola-covered water fountain, manicured flower beds, and an outdoor kitchen with grill & griddle for effortless entertaining. The two-car garage has newer epoxy floors, built-in storage & backup house solar battery. Additional features include an owned 22-panel solar system, double-pane windows, central AC, PEX plumbing, 200-amp panel, and a Level 2 Tesla charger. The community also recently refreshed the children’s playground and picnic area. The property resides close to the famous South Coast Plaza, major freeways, John Wayne Airport, and is a short drive to the coast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,081 | 1,654.5 |
| Lot Size | 13,297 | 6,561 |
| Price | $1.68M | $1.62M |
| Price per sq ft | $805 | $1.0K |
| Built year | 2006 | 1960 |
| HOA | $305.0 | $480 |
| Days on market | 27 | 46 |
Jul 12, 2026
$1,675,000
$1,725,000
-3% Price Drop
Initial Listing
Jun 25, 2026
$1,725,000
Initial Listing
Dec 5, 2006
$902,000
Public Record