3112 Tara, Costa Mesa, California 92626, Costa Mesa, 92626 - 4 bed, 3 bath

3112 Tara, Costa Mesa, California 92626 home-pic-0
ACTIVE$1,595,000
3112 Tara, Costa Mesa, California 92626
4Beds
3Baths
2,387Sqft
4,015Lot
Year Built
1997
Close
-
List price
$1.59M
Original List price
$1.7M
Price/Sqft
$668
HOA
$130
Days on market
-
Sold On
-
MLS number
OC25042255
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 24% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.59M(44th), sqft - 2387(76th), beds - 4(50th), baths - 3(54th).

Beautiful maintained turnkey, single-family home located in the gated community of “LifeStyles”. This newer two-story 4 bedroom plan- is currently a 3 bedroom with a large open office. The builder option can be easily changed to a 4 bedroom floor plan. Part of the Garage storage area is a 5th bedroom option also. Low HOA and no Mello roos adds to the desirability of this highly sought after community. Conveniently located just minutes from the beach, South coast plaza shopping, restaurants, John Wayne Airport, and major freeways, this turn-key residence offers the epitome of luxury living in Costa Mesa.

Nearby schools

7/10
Paularino Elementary School
Public,PK-60.7mi
8/10
Sonora Elementary School
Public,PK-60.7mi
5/10
Greenville Fundamental Elementary School
Public,K-51.1mi
9/10
Maude B. Davis Elementary School
Public,PK-61.2mi
9/10
Killybrooke Elementary School
Public,PK-61.3mi
3/10
Mcfadden Intermediate School
Public,6-81.8mi
6/10
Segerstrom High School
Public,9-121.2mi
6/10
Costa Mesa High School
Public,7-121.4mi
Condition Rating
Good

Built in 1997, this property is described as 'beautifully maintained turnkey.' The kitchen features white cabinets, light solid surface countertops, and modern stainless steel appliances, all in excellent condition. Bathrooms also present well with white vanities, light counters, and clean showers. Flooring throughout includes well-maintained tile and wood-look tile, and plantation shutters add a cohesive, updated feel. While not a brand-new build or extensively renovated within the last 5 years to meet 'excellent' criteria, the property is clearly move-in ready with no immediate renovation required, and its systems and finishes are well-maintained and functional, aligning perfectly with a 'good' condition score.
Pros & Cons

Pros

Great Schools: Elementary School: Killybrooke Elementary School (9/10).
Gated Community & High Demand: Located within the highly sought-after, secure gated community of 'LifeStyles,' offering exclusivity and enhanced safety.
Turnkey Condition: The property is described as 'beautifully maintained turnkey,' suggesting it's move-in ready and requires minimal immediate updates.
Flexible Bedroom Options: Features a versatile floor plan, currently configured as 3 bedrooms with a large office, with easy options to convert to a 4-bedroom or even a 5-bedroom layout utilizing garage storage.
Prime Coastal Orange County Location: Strategically located just minutes from the beach, South Coast Plaza, dining, John Wayne Airport, and major freeways, offering unparalleled convenience and lifestyle benefits.
Favorable Financial Structure: Benefits from low HOA fees and no Mello-Roos taxes, significantly reducing the overall cost of ownership compared to many other communities.

Cons

Significant Overpricing: The current list price of $1.595M is substantially above the estimated property value of $1.21M and recent comparable sales in the immediate vicinity, indicating it may be significantly overpriced.
Recent Price Reduction: The property has already undergone a price reduction from its original list price of $1.695M, suggesting initial overvaluation and potential buyer resistance at the current price point.
Absence of Views: The property does not offer any notable views, which could be a disadvantage in a competitive market where properties with desirable vistas often command higher interest and value.

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