3051 Madeira, Costa Mesa, California 92626, Costa Mesa, 92626 - 4 bed, 5 bath

3051 Madeira
Costa Mesa, California 92626
Property Price
SUMMARY
Analysis of 3051 Madeira, Costa Mesa, California 92626 reveals a Prime Investment Opportunity with a current list price of $1,925,000—significantly undercutting the $2,047,575 Fair Market Value by 5%. This valuation gap indicates a +$122,575 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Costa Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3051 Madeira Subject | $1,925,000* List Price | 4 | 5 | 2,851 | $718 | - |
A 1773 Tanager Drive Sold | $2,070,000 | 4 | 4 | 2,484 | $833 | 0.9 mi |
B 1387 Garlingford Street Sold | $1,350,000 | 4 | 2 | 2,066 | $653 | 0.9 mi |
C 2871 Ellesmere Avenue Sold | $1,900,000 | 4 | 2 | 2,185 | $870 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a ground-up new construction project with a projected completion of 2027. The property features high-end, modern design elements including wide-plank wood flooring, custom cabinetry, porcelain countertops, and a spa-inspired primary suite. As a new build, all systems, fixtures, and finishes are brand new and meet the highest current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Ready-to-Issue (RTI) Plans
The property includes fully approved RTI plans, significantly reducing the typical 12-18 month lead time for architectural design and city permitting, allowing for an immediate start to construction.
- Elite Design Collaboration
A partnership between Well Done Builders and Grounded Homes ensures a high-end, 'warm modern' aesthetic featuring premium finishes like curved wood islands, porcelain countertops, and a spa-inspired primary retreat.
- Prime Mesa Verde Location
Situated on a quiet inner loop street near the Mesa Verde Country Club, the property occupies a highly coveted position in one of Costa Mesa’s most established and prestigious neighborhoods.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2851, other record living area = 1712. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Recently Sold Property
The property was recently sold within the past year on 2025-06-05. The sold price is $1,350,000.00. The property was recently sold within the past year on 2025-06-03. The sold price is $1,263,000.00.
- Construction Timeline & Risk
As a ground-up construction project with a 2027 completion date, the property is not move-in ready and carries the inherent risks of building delays and fluctuating material costs.
About 3051 Madeira
A rare opportunity to secure a professionally designed / built ground up construction home on a quiet inner loop street in the heart of Mesa Verde, moments from Mesa Verde Country Club. Madeira comes with plans RTI (Ready to Issue), offering a streamlined path forward for construction. The developer is presenting two compelling purchase options: 1. Purchase the property as-is with RTI plans and complete the build to your specifications, or 2. Secure the home now at its projected completed value and allow the developer to deliver the fully realized vision. The approved design calls for a 4-bedroom, 4.5-bathroom residence spanning approximately 2,851 square feet on a 6,800 square foot lot. The architectural concept is crafted by highly respected Well Done Builders and interiors by esteemed Grounded Homes. The home blends warm modern design with timeless coastal influences. Layered textures, wide-plank wood flooring, natural stone elements, and soft neutral palettes create a calm and elevated atmosphere throughout. At the center of the home, the kitchen is designed as a sculptural focal point. Its anchored by a curved dark-stained wood island, light porcelain countertops, custom cabinetry in soft neutral tones, and a backsplash that extends seamlessly onto the hood for added texture and continuity. The open-concept living and dining areas flow effortlessly to the rear yard, creating ideal indoor-outdoor living potential. The primary suite is envisioned as a private retreat, featuring a spacious walk-in closet and a spa-inspired bath with dual warm wood vanities, a center makeup station, statement slab stone carried into the shower, black-framed glass defining the wet room, and a sculptural freestanding soaking tub. Secondary bathrooms carry their own distinctive material stories like waterfall stone countertops, textured tile surrounds, and custom wood vanities. A dedicated office suite with private bath provides flexibility for guests or work-from-home living, while the mud/laundry room integrates custom cabinetry and built-in storage designed for both function and design continuity. With new construction opportunities in Mesa Verde increasingly limited, 3051 Madeira presents a rare chance to secure a 1 of 1 show stopper residence with RTI-approved plans and flexible execution in one of Costa Mesa’s most established neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2027
- Lot Size
- 6,800 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
California Elementary School
Grades K-6 • 0.5 mi
Adams Elementary School
Grades PK-6 • 0.5 mi
Charles W. Tewinkle Middle School
Grades 7-8 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 2.0 | 98% |
| Square foot | 2,851 | 1,912 | 94% |
| Lot Size | 6,800 | 6,696 | 50% |
| Price | $1.93M | $1.63M | 72% |
| Price per sq ft | $675 | $891 | 16% |
| Built year | 2027 | 1965 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 146 | 2% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,925,000
Initial Listing
Sold
Jun 5, 2025
$1,350,000
Public Record
Sold
Jun 3, 2025
$1,263,000
Public Record

