3119 Gibraltar Avenue, Costa Mesa, California 92626, Costa Mesa, 92626 - 5 bed, 4 bath

3119 Gibraltar Avenue, Costa Mesa, California 92626 home-pic-0
ACTIVE$2,599,000
3119 Gibraltar Avenue, Costa Mesa, California 92626
5Beds
4Baths
2,646Sqft
7,455Lot
Year Built
1957
Close
-
List price
$2.6M
Original List price
$2.75M
Price/Sqft
$982
HOA
-
Days on market
-
Sold On
-
MLS number
OC25060128
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.60M(90th), sqft - 2646(82th), beds - 5(81th), baths - 4(90th).

Newly remodeled Mesa Verde home has been carefully curated for you by one of the construction stars of HGTV! This stunning remodel features 5 bedrooms, 4 bathrooms and has over 2,600 square feet of luxurious living space. This home features two primary bedrooms, both featuring en-suite bathrooms and plenty of closet space, which makes this home perfect for multi-generational living and hosting guests. The newly transformed kitchen includes all Thermador appliances, a kitchen island, quartz countertops, and tastefully designed cabinetry. Step outside into your own private oasis with a sparkling pool and spacious backyard with bbq and fire pit on a private 7,455 square foot lot, perfect for year-round entertainment. Additional highlights include a two-car garage, solar, dual zone A/C, newer sewer line, tankless water heater, brand new European white oak hardwood floors, dual pane windows, copper gutters, & security cameras. Located in the highly desired Mesa Verde community in Costa Mesa, which is conveniently located close to shopping, dining, parks, and top-rated schools, this is the rare opportunity that is not to be missed. Make sure to check out the stunning video.

Nearby schools

8/10
California Elementary School
Public,K-60.3mi
7/10
Adams Elementary School
Public,PK-60.7mi
4/10
Charles W. Tewinkle Middle School
Public,7-80.3mi
5/10
Estancia High School
Public,9-121.7mi
Condition Rating
Excellent

This property has been 'newly remodeled' by an 'HGTV construction star,' indicating a comprehensive and high-quality renovation. The kitchen features 'all Thermador appliances,' 'quartz countertops,' and 'tastefully designed cabinetry.' The home boasts 'brand new European white oak hardwood floors,' 'dual pane windows,' 'solar,' 'dual zone A/C,' a 'newer sewer line,' and a 'tankless water heater.' All these elements confirm that the property's components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

High-End, Professional Remodel: The property boasts a recent, extensive remodel 'curated by one of the construction stars of HGTV,' featuring premium finishes like Thermador appliances, quartz countertops, European white oak floors, and dual-pane windows, offering a turnkey luxury experience.
Versatile Layout with Dual Primary Suites: The inclusion of five bedrooms and four bathrooms, specifically two primary bedrooms with en-suite baths, makes this home exceptionally well-suited for multi-generational living or accommodating guests with privacy and comfort.
Private Outdoor Entertainment Oasis: A sparkling pool, spacious backyard with a BBQ area, and fire pit on a generous 7,455 sq ft lot create an ideal setting for year-round outdoor entertaining and relaxation.
Modern Infrastructure & Energy Efficiency: Key upgrades such as solar panels, dual-zone A/C, a newer sewer line, tankless water heater, and security cameras provide enhanced comfort, efficiency, and peace of mind for the homeowner.
Prime Mesa Verde Location: Situated in the highly desired Mesa Verde community, the home offers convenient access to shopping, dining, parks, and top-rated schools, contributing to its strong desirability and long-term value.

Cons

Significant Overpricing Relative to Market Data: The current list price is substantially higher than the property's estimated value and recent comparable sales, potentially hindering buyer interest and prolonging market time.
Recent Price Reduction: The property has already undergone a price reduction from its original listing, which can signal to potential buyers that the initial price was too high or that the seller is motivated, potentially leading to lower offers.
No Specific View: The property does not offer any notable views (e.g., panoramic, golf course, park) which some buyers in this price range or location might expect, especially when compared to some competitive properties that do offer views.

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