3134 Killarney Lane, Costa Mesa, California 92626, Costa Mesa, 92626 - 4 bed, 2 bath
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Costa Mesa, California 92626
This Spacious Halecrest Residence is a High-Potential Investment Opportunity, listed at $1,789,000—positioned well above the $1,612,558 Fair Market Value by -10%. While priced above market, the home offers a Condition Rating of 4, providing a solid foundation for cosmetic modernization. Key features include an Expanded Primary Suite, a Granite Kitchen, and an Alumawood Patio Cover. Located within the Newport Mesa Unified district near the top-rated Killybrooke Elementary, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a rare, oversized footprint.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3134 Killarney Lane Subject | $1,600,000* List Price | 4 | 2 | 2,059 | $742 | - |
A 945 Lansing Lane Sold | $1,449,000 | 4 | 2 | 1,926 | $752 | 0.9 mi |
B 1100 Tulare Sold | $1,572,000 | 4 | 3 | 2,418 | $650 | 0.5 mi |
C 3263 Turlock Sold | $1,495,000 | 4 | 2 | 1,884 | $794 | 0.6 mi |
D 3096 Warren Lane Sold | $1,230,000 | 4 | 2 | 1,824 | $674 | 0.1 mi |
E 1070 Visalia Sold | $1,685,000 | 4 | 3 | 2,418 | $697 | 0.6 mi |
F 3233 Michigan Sold | $1,630,000 | 4 | 2 | 2,283 | $714 | 1.0 mi |
G 3267 Turlock Drive Sold | $1,440,000 | 4 | 2 | 1,884 | $764 | 0.7 mi |
H 1068 Concord Street Sold | $1,265,000 | 4 | 3 | 2,295 | $551 | 0.5 mi |
I 1067 Cheyenne Street Active | $1,495,000 List Price | 4 | 2 | 1,917 | $780 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While meticulously maintained and move-in ready, the home is dated with most major updates and expansions dating back to the early 1990s. The kitchen features older light-wood cabinetry and granite from a previous era, while interiors show green carpeting and popcorn ceilings. It requires cosmetic modernization of the kitchen and baths to meet current market standards.
Elementary School: Killybrooke Elementary School (9/10).
At over 2,000 square feet, this residence is significantly larger than the typical Halecrest floorplan, featuring a rare expanded primary suite and a formal dining room.
Ideally situated within walking distance to the top-rated Killybrooke Elementary and the Halecrest Swim & Tennis Club, offering a premium community-centric lifestyle.
While meticulously maintained, the 1990s expansion and 1963 original build may require additional cosmetic updates to meet the aesthetic preferences of modern luxury buyers.
The property listing indicates no significant views, which may be a drawback for buyers prioritizing a scenic outlook at this price point.
ACCEPTING BACKUP OFFERS. Offered for the first time in 48 years, this exceptional Halecrest residence presents a rare opportunity to own one of the neighborhood’s most distinctive homes in one of Costa Mesa’s most sought-after communities. Meticulously maintained and lovingly cared for over nearly five decades, this expansive single-level home offers over 2,000 square feet, a size and layout rarely available in Halecrest. With 4 bedrooms and 2 bathrooms, the home seamlessly blends generous living spaces with everyday comfort. A thoughtful expansion in the early 1990s transformed the residence, adding a welcoming entry vestibule, an oversized primary suite retreat, and an expansive formal dining room designed for memorable gatherings. For buyers considering renovation or customization, this home presents an exceptional opportunity. The expanded footprint provides a significant head start, with substantial square footage and structural improvements already in place. In today’s market—where construction costs, permitting, and timelines can be significant—the existing enlarged footprint may reduce the scope, complexity, and cost associated with future remodeling compared with starting from a more typical Halecrest floorplan. At the center of the home, the beautifully upgraded kitchen is both stylish and functional, featuring a large center island with built-in storage, abundant cabinetry, a spacious pantry with pull-out drawers, elegant granite countertops and backsplash, and a premium stainless steel appliance package. The lifestyle offered here is equally compelling. Ideally situated within Halecrest, residents enjoy walking access to Killybrooke Elementary School, proximity to Costa Mesa High School, and easy access to the cherished Halecrest Swim & Tennis Club. World-class shopping and dining at South Coast Plaza and the coastal lifestyle of Newport Beach and Huntington Beach are just minutes away. Designed to embrace California living, the backyard offers an expanded deck and sitting area—perfect for outdoor dining, entertaining, or quiet evenings at home—beautifully covered by a newer Alumawood insulated patio cover for year-round comfort. Homes of this caliber rarely become available in Halecrest—an extraordinary opportunity to own a truly special home in one of Costa Mesa’s most cherished neighborhoods.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades PK-6 • 0.5 mi
Grades PK-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,059 | 1,654.5 |
| Lot Size | 6,300 | 6,561 |
| Price | $1.60M | $1.62M |
| Price per sq ft | $777 | $1.0K |
| Built year | 1963 | 1960 |
| HOA | $0 | $480 |
| Days on market | 22 | 46 |
Jul 7, 2026
$1,600,000
$1,789,000
-11% Price Drop
Initial Listing
Jun 30, 2026
$1,789,000
Initial Listing