
Costa Mesa, California 92626
This Custom Mediterranean Estate is a Strong Value Opportunity, listed at $2,150,000—positioned well below the $2,350,138 Fair Market Value by 8%. This valuation gap offers $200,138 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Professional-Grade Thor Kitchen, Venetian Plaster, and a Private Pool. Its versatile layout, including a Mother-in-Law Suite, makes it an ideal acquisition for Multigenerational Families or Owner-Occupants seeking luxury in the Newport Mesa Unified district.
Luxury 5BR Costa Mesa estate with pool and mother-in-law suite. Listed at $2.15M, offering $200k+ in instant equity. Prime location near Newport Beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 266 Joann Street Subject | $2,250,000* List Price | 5 | 4 | 2,860 | $832 | - |
A 250 Bucknell Rd Sold | $1,807,500 | 3 | 2 | 1,903 | $950 | 0.5 mi |
B 2433 Littleton Sold | $1,925,000 | 3 | 2 | 1,964 | $980 | 0.3 mi |
C 2563 Columbia Active | $1,850,000 List Price | 4 | 3 | 2,235 | $828 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2010 (16 years old), this property fits the 10-20 year age bracket for 'Good' condition. It is exceptionally well-maintained with high-end finishes including Venetian plaster, professional-grade Thor kitchen appliances, and dual-zone HVAC systems, making it fully functional and move-in ready.
The residence features high-end Venetian plaster walls, vaulted ceilings, and a professional-grade kitchen with Thor appliances, distinguishing it from standard tract homes in the area.
A private mother-in-law suite with its own exterior entrance offers exceptional flexibility for multigenerational living, guests, or a high-end home office.
The property boasts a premier backyard oasis complete with a shimmering pool, a large covered pavilion, and a fully equipped outdoor kitchen with granite countertops.
Despite its luxury Mediterranean design and premium price point, the property does not offer any significant views of the surrounding landscape or city lights.
The two-car garage may be considered undersized for a five-bedroom luxury estate, potentially limiting storage and parking for larger households.
THE PINNACLE OF COSTA MESA LUXURY. In a market of predictable tract homes, this custom 5BR/4BA Mediterranean estate arises as a profound architectural statement. From the moment you arrive, the commanding stone-clad turret entry commands your attention, delivering exceptional curb appeal. Wrapped in a smooth stucco exterior w/extensive stacked-stone accents, this residence is engineered for the peak of modern California living. Cross the threshold into a world of breathless scale. Rare, high-end Venetian plaster walls catch the light with a custom luxurious finish. Soaring vaulted ceilings elevate the open-concept layout, where rich hardwood flooring beautifully complements expansive, large-marble tile. Every view is framed by custom wood-framed windows and doors, while the fireplace warms the main living area. Oversized sliding glass doors dissolve the boundary between indoors & your private backyard oasis. The culinary center is a stage of professional-grade power, featuring custom cabinetry, a walk-in pantry, a massive center island, & elite appliances: a Thor 48-inch range, matching Thor vent hood, Thor dishwasher, & Whirlpool refrigerator. VERSATILITY & EFFICIENCY: Discovered within the architecture is a private mother-in-law suite with an ensuite overlooking the pool, featuring its own separate exterior entrance—ideal for multigenerational living or an elite home office. Also located on the main level is a spacious secondary bedroom adjacent to a richly appointed full bathroom. Upstairs, there are 3 more bedrooms, with the master boasting a luxurious master bath with a whirlpool soaking tub, dual vanities, and a separate shower. Dual-zone HVAC systems serve separate levels for year-round energy efficiency, while an attached 2-car garage boasts an oversized driveway. Outside lies a private resort surrounded by mature landscaping. Seamlessly host grand gatherings with a shimmering swimming pool, an expansive stone patio, and a large covered pavilion. The custom outdoor kitchen features extensive stonework, granite countertops, a built-in BBQ, sink, fridge, and storage. This home is tucked away yet centrally located; you are minutes from the best of Orange County. Minutes to Triangle Square & the 17th Street dining corridor. Enjoy access to Lido Marina Village, Newport Harbor boating, Balboa Peninsula beaches, South Coast Plaza, The CAMP/LAB, premier country clubs, major freeways (405/55/73), & John Wayne Airport. This is resort living at its finest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,860 | 1,654.5 |
| Lot Size | 7,320 | 6,561 |
| Price | $2.25M | $1.62M |
| Price per sq ft | $787 | $1.0K |
| Built year | 2010 | 1960 |
| HOA | $0 | $480 |
| Days on market | 40 | 46 |
Jul 11, 2026
$2,250,000
$2,150,000
+5% Price Increase
Initial Listing
Jun 12, 2026
$2,150,000
Initial Listing
Aug 19, 1999
$261,500
Public Record