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

469 Lenwood Circle, Costa Mesa, California 92627 home-pic-0

469 Lenwood Circle

Costa Mesa, California 92627

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
3Baths
2,721Sq Ft
8,228Lot Size

Property Price

LIST PRICE$2,995,000
EST. MARKET VALUE
$3,160,826
5% BelowMARKET VALUE

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

$3,160,826 +$165,826 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Costa Mesa.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
469 Lenwood Circle
Subject
$2,995,000*
List Price
432,721$1,162-
A
1951 Aliso Avenue
Sold
$2,995,000332,515$1,1910.8 mi
B
370 E 19th
Sold
$2,280,000321,648$1,3830.7 mi
C
212 E 19th Street
Active
$3,095,000
List Price
542,578$1,2010.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

8/10

Woodland Elementary School

Grades PK-2 • 1.1 mi

/10

Heinz Kaiser Elementary School

Grades 3-6 • 1.4 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths3.03.0
50%
Square foot2,7211,799.5
84%
Lot Size8,2286,377.5
88%
Price$3.00M$1.66M
84%
Price per sq ft$1.1K$1.0K
56%
Built year19571957
50%
HOA$0$0
50%
Days on market37157
2%

Pricing History

Listed for Sale

Jan 29, 2026

$2,995,000

Initial Listing

Sold

Jul 15, 2009

$842,500

Public Record

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