
Costa Mesa, California 92627
This Turnkey Townhouse is a Strong Value Opportunity, listed at $1,149,900—positioned well below the $1,252,989 Fair Market Value by 8%. This valuation gap offers $103,089 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes recent high-end renovations and a large usable patio. Located in the Newport Mesa Unified district, this property provides a sophisticated lifestyle near Newport’s Back Bay. It is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or first-time buyers prioritizing location and quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2537 Orange Avenue D Subject | $1,149,900* List Price | 3 | 3 | 1,645 | $762 | - |
A 2603 Elden K Sold | $1,110,000 | 3 | 3 | 1,406 | $789 | 0.2 mi |
B 2563 Orange Avenue C Sold | $1,360,000 | 3 | 3 | 1,723 | $789 | 0.1 mi |
C 133 Cecil Place B Sold | $1,050,000 | 3 | 3 | 1,550 | $677 | 0.8 mi |
D 2134 Sabot Sold | $1,220,000 | 3 | 3 | 1,734 | $704 | 1.0 mi |
E 168 23rd D Sold | $1,218,000 | 3 | 3 | 1,512 | $806 | 0.6 mi |
F 365 Monte Vista Sold | $1,250,000 | 3 | 3 | 1,574 | $794 | 0.5 mi |
G 133 Cecil Place D Pending | $1,079,000 List Price | 3 | 3 | 1,531 | $705 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1988, the property has been recently remodeled with all-new interior paint, laminate flooring, and carpeting. The kitchen and bathrooms feature updated designer plumbing and electrical fixtures, and the primary shower has been completely redone, placing it in the <5 year renovation category.
Ideally situated in East Costa Mesa, this property offers exceptional access to Newport Beach’s Back Bay and major transit routes, placing it in one of the region's most desirable residential pockets.
The home features extensive recent renovations, including new laminate flooring, designer plumbing and electrical fixtures, and a completely redone primary shower, providing a modern, move-in-ready aesthetic.
Boasting 1,645 sq. ft. of living space with vaulted ceilings and a large usable patio, the layout offers an airy and expansive feel rarely found in standard townhome configurations.
The property is noted as having no significant views, which may be a disadvantage for buyers looking to capitalize on the coastal or city vistas often associated with this price point.
The monthly association fee of $475 represents a significant ongoing carrying cost that may impact the overall affordability and debt-to-income ratio for prospective buyers.
Location, location, location! This spacious 1,645 sq. ft. townhome offers 3 bedrooms, 2.5 bathrooms, and an unbeatable location east of the 55 Freeway, just moments from Newport Beach’s Back Bay. Built in 1988, this two-story home is situated in a secure gated community and features an attached 2-car garage. Recently updated and remodeled, it boasts all-new interior paint, laminate flooring, tile, and new carpeting, along with enhanced designer plumbing and electrical fixtures throughout. The primary bath shower has been completely redone, adding a fresh, modern touch. The living room features vaulted ceilings, while the dining area opens to a large, usable patio perfect for relaxing or entertaining. Welcome to your perfect find!
No exterior & parking available.
Grades 3-6 • 1.0 mi
Grades PK-2 • 1.3 mi
Grades PK-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,645 | 1,480 |
| Lot Size | 1,000 | 1,550 |
| Price | $1.15M | $984.1K |
| Price per sq ft | $699 | $711 |
| Built year | 1988 | 1979 |
| HOA | $475.0 | $480 |
| Days on market | 25 | 53 |
Jun 27, 2026
$1,149,900
Initial Listing
Jan 8, 2024
$995,000
Public Record
Oct 10, 2006
$585,000
Public Record
Apr 1, 2002
$314,500
Public Record
Nov 26, 1996
$166,000
Public Record