590 Traverse Drive, Costa Mesa, California 92626, Costa Mesa, 92626 - 4 bed, 3 bath

590 Traverse Drive, Costa Mesa, California 92626 home-pic-0

590 Traverse Drive

Costa Mesa, California 92626

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,799Sq Ft
7,200Lot Size

Property Price

LIST PRICE$1,489,000
EST. MARKET VALUE
$1,551,746
4% BelowMARKET VALUE

SUMMARY

Analysis of 590 Traverse Drive, Costa Mesa, California 92626 reveals a Prime Investment Opportunity with a current list price of $1,489,000—significantly undercutting the $1,551,746 Fair Market Value by 4%. This valuation gap indicates a +$62,746 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

$1,551,746 +$62,746 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
590 Traverse Drive
Subject
$1,489,000*
List Price
431,799$863-
A
746 Hudson Avenue
Sold
$1,191,203421,490$7990.4 mi
B
587 Traverse Drive
Sold
$1,525,000532,000$7630.0 mi
C
575 Traverse Drive
Sold
$1,850,000431,801$1,0270.1 mi
D
930 Helena Circle
Sold
$1,425,000321,660$8580.9 mi
E
511 Sturgeon Drive
Pending
$1,499,900
List Price
432,116$7090.2 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 is in turnkey, fully renovated condition with high-end modern finishes. Key features include a remodeled open-concept kitchen with quartz countertops and stainless steel appliances, stylishly upgraded bathrooms, new flooring, recessed lighting, and updated systems such as central A/C and dual-pane windows, meeting the highest quality standards.

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 = 7200, living area = 1799.

  • Great Schools

    Elementary School: Killybrooke Elementary School (9/10).

  • Dual Primary Suites

    The property features a rare and versatile layout with two primary suites—one on the main level and an expansive 400-square-foot upstairs retreat—making it ideal for multi-generational living or high-end guest accommodations.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Freeway Proximity

    The home backs directly to the 405 freeway, which likely results in persistent ambient traffic noise and may impact the overall tranquility and air quality of the outdoor living spaces.

  • Lack of Scenic Views

    Despite the significant interior improvements and premium price point, the property offers no significant views, which may limit its appeal compared to other luxury listings in the Costa Mesa area.

About 590 Traverse Drive

Exceptional upgraded 4-bedroom, 3-bath Del Cerro home offering 1,799 square feet with TWO primary suites—one downstairs and an expansive upstairs suite created from a 400 square foot bonus room—located within the highly acclaimed Newport-Mesa Unified School District and just minutes from world-class shopping and dining at South Coast Plaza, The Camp, and The LAB, plus close to Del Mesa Park and the beach. Boasting beautiful curb appeal with lush lawn, flowering gardens, and an extra-long driveway, this turnkey open-concept home features central A/C, tile flooring throughout the lower level, dual pane windows, smooth ceilings with extensive recessed lighting, and ceiling fans throughout. The spacious dining area flows seamlessly into the beautifully remodeled kitchen showcasing quartz countertops, glass mosaic tile backsplash, floating open shelving, breakfast bar with chic pendant lighting, deep stainless sink with designer faucet, and stainless steel appliances including gas range, vent hood, dishwasher, and built-in microwave. The inviting living room is anchored by a fireplace with designer tile surround and sliding glass doors leading to the private backyard with covered patio, lawn, white vinyl fencing, and a detached approximately 100 square foot hobby room or office complete with electricity and Wi-Fi—perfect for working from home or creative pursuits. All three bathrooms have been stylishly upgraded with newer vanities, fixtures, lighting, tile surrounds, and clear glass enclosures. The expansive upstairs primary suite offers wood laminate flooring, two mirrored closets, an ensuite bath with walk-in shower, and ample space for a sitting area—ideal as a second primary retreat or multi-generational living option. Additional features include raised panel interior doors, upgraded white shaker cabinetry, and custom window blinds. The home backs to the 405 freeway, offering convenient commuter access while the backyard fencing and covered patio provide a defined outdoor entertaining space. Don’t miss this incredible opportunity to own a turnkey home with dual primary suites in one of the area’s most desirable and convenient neighborhoods.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1965
Lot Size
7,200 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

Sonora Elementary School

Grades PK-6 • 1.2 mi

8/10

Paularino Elementary School

Grades PK-6 • 1.3 mi

7/10

Greenville Fundamental Elementary School

Grades K-5 • 1.4 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.02.0
53%
Square foot1,7991,908
43%
Lot Size7,2006,696
65%
Price$1.49M$1.63M
38%
Price per sq ft$828$891
37%
Built year19651965
50%
HOA$0$0
50%
Days on market7146
1%

Pricing History

Listed for Sale

Feb 28, 2026

$1,489,000

Initial Listing

Sold

Nov 9, 2017

$4,700,000

Public Record

Sold

Nov 26, 1997

$200,000

Public Record

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