469 Lenwood Circle, Costa Mesa, California 92627, Costa Mesa, 92627 - 4 bed, 3 bath

469 Lenwood Circle
Costa Mesa, California 92627
Property Price
SUMMARY
Analysis of 469 Lenwood Circle, Costa Mesa, California 92627 reveals a Prime Investment Opportunity with a current list price of $2,995,000—significantly undercutting the $3,160,826 Fair Market Value by 5%. This valuation gap indicates a +$165,826 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Costa Mesa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 469 Lenwood Circle Subject | $2,995,000* List Price | 4 | 3 | 2,721 | $1,162 | - |
A 1951 Aliso Avenue Sold | $2,995,000 | 3 | 3 | 2,515 | $1,191 | 0.8 mi |
B 370 E 19th Sold | $2,280,000 | 3 | 2 | 1,648 | $1,383 | 0.7 mi |
C 212 E 19th Street Active | $3,095,000 List Price | 5 | 4 | 2,578 | $1,201 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive, high-end renovation that seamlessly blends its 1957 character with modern luxury standards. The kitchen is a standout feature with premium natural stone countertops, professional-grade stainless steel appliances, and a farmhouse sink. The interior boasts high-quality finishes including vaulted wood-beamed ceilings, hardwood flooring throughout, and multiple sets of new French doors. With a main-level primary suite overlooking a pristine pool and meticulously landscaped grounds, the home shows no signs of deferred maintenance and meets the criteria for a fully renovated, move-in-ready luxury residence.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated on a quiet cul-de-sac in the prestigious Cambridge Estates, the property offers proximity to top-rated schools like Mariners Elementary and easy access to Newport’s beaches and 17th Street’s vibrant amenities.
- Architectural Character
The home features timeless design elements including soaring vaulted wood-beamed ceilings, a charming Dutch door, and multiple French doors that create a seamless indoor-outdoor flow to the private pool and garden.
- Versatile Floor Plan
With a rare main-level primary suite and a flexible upstairs fourth bedroom, the 2,721-square-foot layout comfortably accommodates multi-generational living, a home office, or guest quarters.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2721, other record living area = 2194.
- Vintage Infrastructure
Originally built in 1957, the property may require ongoing maintenance or updates to its older mechanical and structural systems to meet modern efficiency and code standards.
- Premium Market Pricing
Listed at nearly $3 million, the property sits at the high end of the East Costa Mesa market, which may limit the pool of qualified buyers despite its desirable location.
About 469 Lenwood Circle
Tucked at the end of a quiet cul-de-sac in the coveted Cambridge Estates neighborhood, 469 Lenwood Circle offers a rare blend of warmth, character, and coastal living. Spanning 2,721 square feet, this four-bedroom, three-bath residence is both timeless and inviting from the moment you arrive, welcomed by a charming Dutch door that sets the tone for what’s inside. The main living room is a true centerpiece, featuring soaring vaulted wood-beamed ceilings, a striking brick fireplace, and multiple sets of French doors that open effortlessly to the private backyard, creating an easy indoor-outdoor flow ideal for everyday living and entertaining alike. The kitchen is thoughtfully designed with beautiful natural stone countertops, a sunlit breakfast nook, and seamless connection to a dedicated formal dining room, complete with its own cozy fireplace for intimate gatherings. A secondary living room adds flexibility for relaxed lounging or play. The primary suite is conveniently located on the main level, overlooking the serene pool and private yard, offering a peaceful retreat tucked away from the rest of the home. Two additional bedrooms and a bathroom complete the first floor, while upstairs, a fourth bedroom and bathroom provide an ideal space for guests, a home office, or extended family. Outdoors, the backyard is designed for relaxed entertaining with ample space for dining al fresco, hosting friends, or simply lounging poolside. A thriving side-yard garden invites farm-to-table cooking and adds a thoughtful, lifestyle-driven touch to the property. Perfectly positioned near the vibrant shops, cafes, and restaurants of 17th Street, as well as Newport’s beaches, local parks, and award-winning schools, 469 Lenwood Circle offers the comfort of a quiet residential setting with effortless access to the best of Costa Mesa and Newport Beach living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 8,228 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Mariners Elementary School
Grades PK-6 • 0.5 mi
Woodland Elementary School
Grades PK-2 • 1.1 mi
Heinz Kaiser Elementary School
Grades 3-6 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,721 | 1,799.5 | 84% |
| Lot Size | 8,228 | 6,377.5 | 88% |
| Price | $3.00M | $1.66M | 84% |
| Price per sq ft | $1.1K | $1.0K | 56% |
| Built year | 1957 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 157 | 2% |
Pricing History
Listed for Sale
Jan 29, 2026
$2,995,000
Initial Listing
Sold
Jul 15, 2009
$842,500
Public Record





















