2964 Redwood, Costa Mesa, California 92626, Costa Mesa, 92626 - 3 bed, 2 bath
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2964 Redwood
Costa Mesa, California 92626
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,451Sq Ft
6,300Lot Size
Property Price
LIST PRICE$1,650,000
EST. MARKET VALUE
$1,540,991
7% AboveMARKET VALUE
SUMMARY
This Move-in Ready Single Family Residence is a Strong Value Opportunity, listed at $1,650,000—positioned above the $1,546,536 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, showcasing recent cosmetic renovations including new flooring and recessed lighting. Located in the prestigious Mesa Verde neighborhood, the home offers proximity to top-rated schools like California Elementary. This property balances established neighborhood prestige with modern interior updates, making it an ideal acquisition for Owner-Occupants or discerning families seeking a turnkey lifestyle in Costa Mesa.
Estimated Market Value
$1,540,991
Based on Realkey algorithm analyzing recent comparable sales in Costa Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2964 Redwood Subject | $1,650,000* List Price | 3 | 2 | 1,451 | $1,062 | - |
A 1566 Corsica Place Sold | $1,364,000 | 3 | 2 | 1,357 | $1,005 | 0.2 mi |
B 3132 Samoa Sold | $1,365,000 | 3 | 2 | 1,277 | $1,069 | 0.4 mi |
C 2912 Andros Sold | $1,515,000 | 3 | 2 | 1,505 | $1,007 | 0.2 mi |
D 1616 Sandalwood Sold | $1,490,000 | 3 | 2 | 1,451 | $1,027 | 0.1 mi |
E 3230 Washington Avenue Sold | $1,520,000 | 3 | 2 | 1,551 | $980 | 0.9 mi |
F 3074 Warren Sold | $1,345,000 | 3 | 2 | 1,262 | $1,066 | 0.7 mi |
G 3217 Montana Sold | $1,703,000 | 3 | 2 | 1,571 | $1,084 | 0.8 mi |
H 1582 Ponderosa Street Active | $1,749,990 List Price | 3 | 2 | 1,600 | $1,094 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1959, the property has undergone a recent cosmetic renovation (likely <5 years) featuring new luxury vinyl plank flooring, fresh interior and exterior paint, recessed lighting, and new ceiling fans. The home appears move-in ready and well-maintained, though some elements like the bathroom tile remain dated.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Mesa Verde Location
Situated in the highly sought-after Mesa Verde subdivision, this property offers prestige and strong long-term value retention within one of Costa Mesa's most established neighborhoods.
- Proximity to Top-Rated Schools
The home is ideally located near high-performing schools within the Newport Mesa Unified district, including California Elementary (8/10) and Adams Elementary (7/10).
- Spacious Lot Potential
The 6,300 square foot lot provides a generous footprint for a 1,451 square foot home, offering ample space for outdoor entertaining, landscaping, or potential future expansion.
CONSRISKS & DEFICIENCIES
- High Price Per Square Foot
At a list price of $1.65M for 1,451 square feet, the property sits at a premium price point exceeding $1,130 per square foot, which may be a hurdle for value-conscious buyers.
- Aging Infrastructure
Built in 1959, the residence likely requires significant capital investment for modernizing systems and aesthetic finishes to meet current luxury market standards.
About 2964 Redwood
Welcome to 2964 Redwood, a beautifully updated single-level ranch home in the heart of Mesa Verde. Offering 3 bedrooms, 2 bathrooms, and approximately 1,451 square feet, this inviting residence features an open, functional floor plan designed for comfortable everyday living. The updated kitchen includes quartz countertops, recessed lighting, a gas range, pantry storage, and an eat-in dining area. Durable vinyl flooring extends throughout the home, while the family room’s gas fireplace provides a warm and welcoming focal point. Sliding doors connect the interior to a spacious backyard with a concrete patio, lawn, and block-wall fencing—an excellent setting for outdoor dining, entertaining, or relaxing. Additional highlights include double-pane windows, ceiling fans, indoor storage, and an attached two-car garage with laundry hookups. Set on a level 6,300-square-foot lot, this move-in-ready home offers convenient access to Mesa Verde’s parks, schools, golf, shopping, dining, freeways, and the best of coastal Orange County living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 6,300 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Adams Elementary School
Grades PK-6 • 0.6 mi
7/10
California Elementary School
Grades K-6 • 0.7 mi
8/10
Charles W. Tewinkle Middle School
Grades 7-8 • 0.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,451 | 1,773.938 |
| Lot Size | 6,300 | 6,573.577 |
| Price | $1.65M | $1.69M |
| Price per sq ft | $1.1K | $976 |
| Built year | 1959 | 1961 |
| HOA | $0 | $342 |
| Days on market | 34 | 51 |
Pricing History
Listed for Sale
Aug 6, 2026
$1,650,000
Initial Listing