
Costa Mesa, California 92627
This property presents a Strong Value Opportunity with a List Price of $645,000—positioned well below the $709,633 Fair Market Value by 9%. This valuation gap offers $64,633 in Instant Equity. Featuring a unique builder-owner layout with a private yard and custom office space, the home maintains a Fair Condition Rating due to its 1980s origins. While the land lease expiring in 2057 requires prudent financial planning, this unit is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique Costa Mesa lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 444 Bryson Springs Subject | $645,000* List Price | 2 | 2 | 1,240 | $572 | - |
A 1845 Anaheim Avenue 19d Sold | $760,000 | 3 | 2 | 1,212 | $627 | 1.0 mi |
B 404 Brighton Springs Active Under Contract | $475,000 List Price | 2 | 2 | 1,282 | $371 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property is dated and exceeds the 20-year threshold for Fair condition. While the laminate flooring appears updated and the unit is well-maintained, the wood-paneled walls, white brick fireplace, and bathroom vanities are original/dated and require modernization.
As a former builder-owner unit, this property features a unique layout with a bedroom and full bath on each floor, offering enhanced privacy and a custom feel compared to standard units.
The inclusion of a dedicated office area on the second floor with custom shelving provides a functional solution for remote work or creative needs.
Situated within a beautifully maintained community featuring natural landscaping and water streams, the unit also boasts a rare, private yard space.
The property is subject to a land lease expiring in 2057, which may complicate traditional financing options and impact long-term equity growth.
At $540 per month, the association fees represent a significant recurring expense that may affect the overall affordability for some buyers.
--Must see--Must see. This was original Builder-owner Unit, with special out-side yard and Landscaping. One of the kinds on the track. Beautiful inside lay-out. One bedroom with full bath on ground floor and one bedroom with full bath on the 2nd floor. extra space on 2nd floor for office and customs Shells thru-out the floor. This home is set with-in beautiful maintained community surround natural landscaping and water Stream. very low land lease fee. land lease expired 12/31/2057.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,240 | 1,469 |
| Lot Size | 164,789 | 43,812 |
| Price | $645.0K | $960.9K |
| Price per sq ft | $520 | $718 |
| Built year | 1980 | 1984 |
| HOA | $540.0 | $353 |
| Days on market | 13 | 66 |
Jul 9, 2026
$645,000
Initial Listing