316 Hamilton, Costa Mesa, California 92627, Costa Mesa, 92627 - 5 bed, 3 bath
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316 Hamilton
Costa Mesa, California 92627
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
1,738Sq Ft
8,080Lot Size
Property Price
LIST PRICE$1,449,000
EST. MARKET VALUE
$1,593,132
9% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,675,000—positioned well below the $1,778,808 Fair Market Value by 5%. This valuation gap offers $103,808 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent renovations, an Oversized Lot with Pool, and a quiet Cul-de-Sac Location, this home offers immediate lifestyle appeal. It is an ideal acquisition for Owner-Occupants seeking a move-in ready coastal home or Buy-and-Hold Investors targeting high-demand Newport Mesa Unified school district properties.
Estimated Market Value
$1,593,132+$144,132 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Costa Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 316 Hamilton Subject | $1,449,000* List Price | 5 | 3 | 1,738 | $917 | - |
A 674 Senate Street Sold | $1,200,000 | 4 | 2 | 1,576 | $761 | 0.8 mi |
B 2136 Parsons Sold | $1,335,000 | 3 | 2 | 1,296 | $1,030 | 0.3 mi |
C 686 Governor St Sold | $1,300,000 | 4 | 2 | 1,432 | $908 | 0.8 mi |
D 1953 Maple Sold | $1,340,000 | 3 | 2 | 1,377 | $973 | 0.7 mi |
E 2480 Elden Sold | $1,875,000 | 0 | 0 | 1,922 | $976 | 1.0 mi |
F 2135 Parsons Street Active | $1,399,000 List Price | 3 | 2 | 1,349 | $1,037 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1955, the property has undergone a recent comprehensive renovation (likely <5 years) featuring new interior and exterior paint, new flooring throughout, and upgraded ground-floor bathrooms. The inclusion of central air conditioning and the turn-key interior appearance shown in photos indicate a mint-condition, move-in ready home.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8080, living area = 1738.
- Prime Cul-de-Sac Location
Situated at the end of a quiet cul-de-sac in Southwest Costa Mesa, this property offers superior privacy and minimal through-traffic for a peaceful living environment.
- Expansive Lot with Pool
The oversized 8,080 sqft lot features a private pool and low-maintenance landscaping, providing a rare and desirable outdoor oasis for the neighborhood.
CONSRISKS & DEFICIENCIES
- High Density Layout
With five bedrooms configured within 1,738 square feet, the individual room sizes may feel small or the overall floor plan could feel congested.
- Lack of Scenic Views
The property lacks any significant views, which may be a drawback for buyers comparing it to other high-priced residences in the coastal Costa Mesa market.
About 316 Hamilton
Great end-of-cul-de-sac location. New flooring, paint ( interior and exterior), and upgraded ground-floor bathrooms. Air-conditioned. Low maintaince landscape. Oversized lot with a pool. Motivated out-of-state seller has identified a replacement property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 8,080 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,738 | 1,773.938 |
| Lot Size | 8,080 | 6,573.577 |
| Price | $1.45M | $1.69M |
| Price per sq ft | $834 | $976 |
| Built year | 1955 | 1961 |
| HOA | $0 | $342 |
| Days on market | 54 | 51 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,449,000
$1,550,000
-7% Price Drop
Initial Listing
Price Change
Aug 6, 2026
$1,550,000
$1,675,000
-7% Price Drop
Initial Listing
Price Change
Jul 17, 2026
$1,675,000
Initial Listing
Sold
Jul 22, 2013
$658,000
Public Record
Sold
Dec 29, 1999
$225,000
Public Record