411 Bryson Springs 51, Costa Mesa, California 92627, Costa Mesa, 92627 - 3 bed, 2 bath
Loading property details...
Costa Mesa, California 92627
This High-Potential Investment Opportunity is listed at $685,000, positioned well below the $807,267 Fair Market Value by 15%. This valuation gap provides $122,267 in Instant Equity. Featuring a Condition Rating of 3, the unit offers modern interior updates, cathedral ceilings, and a tranquil covered patio with water views. While the land lease expiration in 2057 requires prudent financial planning, the property remains a compelling asset for Buy-and-Hold Investors or first-time buyers seeking entry into the Newport Mesa Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 411 Bryson Springs 51 Subject | $685,000* List Price | 3 | 2 | 1,233 | $655 | - |
A 2175 Pacific C1 Sold | $762,000 | 2 | 2 | 1,117 | $682 | 0.3 mi |
B 1845 Anaheim Avenue 9b Sold | $850,000 | 3 | 2 | 1,212 | $701 | 1.0 mi |
C 2168 Kristin Active Under Contract | $795,000 List Price | 2 | 2 | 1,165 | $682 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1980, the property has undergone significant interior updates including modern wood-look tile flooring and a renovated bathroom with contemporary vessel sinks and stone countertops. The unit is move-in ready with a new stove and dishwasher, though some dated elements like popcorn ceilings and older interior doors remain.
The unit features cathedral ceilings throughout and an open, bright layout that significantly enhances the sense of volume and natural light within the 1,233 square foot living space.
A private covered patio overlooks a serene water stream, providing a peaceful atmosphere and unique aesthetic appeal rarely found in condominium living.
The property includes a highly desirable 2-car attached garage with ample guest parking and features brand-new kitchen appliances, including a stove and dishwasher.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is situated on leased land with an expiration in 2057, which can complicate traditional financing and impact long-term appreciation compared to fee-simple ownership.
The third bedroom is officially a bonus room, which may lack the privacy or specific configuration required by buyers seeking a true three-bedroom layout.
3rd bed room (is a bonus room),All cathedral ceiling ,2 car cover attached garage and with plenty of guests parking.Tiles and Vinyl laminate flooring throughout, A cozy gas fireplace , convenience laundry room at same floor, Private Patio. Beautiful unit bright and open air, Cover patio with tranquil water stream and sound of water stream This home is set with in beautiful maintained community surround mature landscaping and sparkling pool and spa. New Stove and Dishwasher. New Epoxy garage floor. Very low Land leased fee, Land leased expired 12/31/2057. Outside Termite repairs and Paint are responsible by the H.O.A.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,233 | 1,457 | 29% |
| Lot Size | - | 11,530 | 29% |
| Price | $685.0K | $970.0K | 3% |
| Price per sq ft | $556 | $701 | 13% |
| Built year | 1980 | 1981 | 48% |
| HOA | $515.0 | $470 | 71% |
| Days on market | 34 | 96 | 13% |
May 11, 2026
$685,000
Initial Listing
Mar 2, 2018
$360,000
Public Record