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
$1,541,741
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
$1,541,741
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 3 bd · 2 ba · 1,451 sqft · $1,063 | $1,650,000* List Price | 3 | 2 | 1,451 | $1,063 | - |
A 1566 Corsica Place Sold 3 bd · 2 ba · 1,357 sqft · $1,005 · 0.2 mi | $1,364,000 | 3 | 2 | 1,357 | $1,005 | 0.2 mi |
B 3132 Samoa Sold 3 bd · 2 ba · 1,277 sqft · $1,069 · 0.4 mi | $1,365,000 | 3 | 2 | 1,277 | $1,069 | 0.4 mi |
C 3230 Washington Avenue Sold 3 bd · 2 ba · 1,551 sqft · $980 · 0.9 mi | $1,520,000 | 3 | 2 | 1,551 | $980 | 0.9 mi |
D 3217 Montana Sold 3 bd · 2 ba · 1,571 sqft · $1,084 · 0.8 mi | $1,703,000 | 3 | 2 | 1,571 | $1,084 | 0.8 mi |
E 3074 Warren Sold 3 bd · 2 ba · 1,262 sqft · $1,066 · 0.7 mi | $1,345,000 | 3 | 2 | 1,262 | $1,066 | 0.7 mi |
F 3023 Royce Lane Sold 3 bd · 2 ba · 1,178 sqft · $1,146 · 0.5 mi | $1,350,000 | 3 | 2 | 1,178 | $1,146 | 0.5 mi |
G 2566 Oxford Sold 4 bd · 2 ba · 1,523 sqft · $1,116 · 1.0 mi | $1,700,000 | 4 | 2 | 1,523 | $1,116 | 1.0 mi |
H 1582 Ponderosa Street Active 3 bd · 2 ba · 1,600 sqft · $1,094 · 0.2 mi | $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
2964 Redwood is 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 a well-planned 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. Wood 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 epoxy floors and 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 | 3.7 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,451 | 1,808.331 |
| Lot Size | 6,300 | 6,450.805 |
| Price | $1.65M | $1.68M |
| Price per sq ft | $1.1K | $962 |
| Built year | 1959 | 1961 |
| HOA | $0 | $302 |
| Days on market | 80 | 51 |
Pricing History
Listed for Sale
Aug 6, 2026
$1,650,000
Initial Listing