
Costa Mesa, California 92626
This Spacious Single-Level Residence is a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,375,503 Fair Market Value by 5%. This valuation gap offers $76,503 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a functional layout with a unique mid-century fireplace and a large backyard. Located in the Newport-Mesa Unified School District near top-rated schools like Killybrooke Elementary, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3062 Johnson Avenue Subject | $1,299,000* List Price | 4 | 2 | 1,944 | $708 | - |
A 945 Lansing Lane Sold | $1,449,000 | 4 | 2 | 1,926 | $752 | 0.2 mi |
B 1198 Dorset Lane Sold | $1,365,000 | 5 | 3 | 1,962 | $696 | 0.5 mi |
C 3134 Killarney Lane Sold | $1,625,000 | 4 | 2 | 2,059 | $789 | 0.7 mi |
D 952 Cheyenne Sold | $1,300,000 | 4 | 2 | 1,540 | $844 | 0.2 mi |
E 766 Hudson Sold | $1,290,000 | 4 | 2 | 1,490 | $866 | 0.6 mi |
F 917 Helena Sold | $1,420,000 | 3 | 2 | 1,660 | $855 | 0.2 mi |
G 940 Cheyenne Sold | $1,208,000 | 5 | 2 | 1,665 | $726 | 0.2 mi |
H 1067 Cheyenne Street Active | $1,399,000 List Price | 4 | 2 | 1,917 | $730 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1963, the property has undergone mid-life renovations including updated kitchen cabinetry, stone countertops, and newer laminate flooring in the bedrooms. The home appears well-maintained, functional, and move-in ready, fitting the 5-15 year renovation window despite some dated exterior elements and original architectural features like the fireplace.
Elementary School: Killybrooke Elementary School (9/10).
Situated in the heart of Costa Mesa, the property offers exceptional proximity to South Coast Plaza, trendy breweries, and major parks, providing a high-demand lifestyle with easy beach and freeway access.
The generous 1,944-square-foot floor plan features four bedrooms and a unique mid-century modern floating fireplace, offering a functional and open living space that is rare for this era.
Described as a 'blank canvas,' this 1963-built home likely requires significant cosmetic updates or renovations to align with modern aesthetic preferences and luxury standards.
While the elementary schools are excellent, the assigned middle school has a significantly lower rating of 3/10, which may be a deterrent for families with children approaching those grade levels.
Nestled in the vibrant heart of Costa Mesa, this inviting single-level home is a warm retreat that welcomes you with its thoughtfully designed floor plan, flowing effortlessly from one room to the next. Spanning an impressive 1,944 square feet, the spacious interior provides a blank canvas, allowing you to infuse your unique style and personality throughout. Offering 4-bedrooms and 2-bathrooms ensures that there is plenty of space for both family members and guests. The large kitchen is a culinary delight, with ample counter space for all your preparation needs and featuring an inviting eating area, perfect for family meals or entertaining guests. It also includes space for a cozy office desk, making it an ideal spot for remote work or study. Enjoy your options of entertaining or relaxing in the family room and living room, both seamlessly connected by a unique mid-century modern indoor floating fireplace. As you step outside, the large backyard is perfectly suited to California's renowned indoor-outdoor lifestyle and ideal for summer barbecues or tranquil evenings under the stars. Located within the prestigious Newport-Mesa Unified School District, this home is in a prime location—just moments away from the upscale shopping and dining options of South Coast Plaza, trendy local breweries like Green Cheek Beer Co. and Karl Strauss Brewing, as well as a variety of top-notch eateries. For outdoor enthusiasts, you're just minutes away from the recreational opportunities offered at Paularino Park and TeWinkle Park. OCC and Vanguard University are also nearby. With easy access to the freeway, you're only a short drive from the stunning beaches, ensuring that the beauty of coastal living is always within reach.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades PK-6 • 0.6 mi
Grades PK-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,944 | 1,773.938 |
| Lot Size | 6,600 | 6,573.577 |
| Price | $1.30M | $1.69M |
| Price per sq ft | $668 | $976 |
| Built year | 1963 | 1961 |
| HOA | $0 | $342 |
| Days on market | 14 | 51 |
Aug 26, 2026
$1,299,000
Initial Listing
Oct 6, 2008
$587,000
Public Record