781 Grayling, Costa Mesa, California 92626, Costa Mesa, 92626 - 1 bed, 1 bath
781 Grayling
Costa Mesa, California 92626
Property Price
SUMMARY
Analysis of 781 Grayling, Costa Mesa, California 92626 is currently available with a list price of $635,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1980, the property has undergone an extensive recent renovation that meets current quality standards. The interior features a modern kitchen with stainless steel appliances and stone countertops, a fully updated bathroom with contemporary tiling and fixtures, new luxury vinyl plank flooring, and recessed lighting throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Killybrooke Elementary School (9/10).
- Prime Lifestyle Location
Situated in the heart of Costa Mesa, the property offers exceptional proximity to premier destinations like South Coast Plaza, The LAB Anti-Mall, and The CAMP, making it ideal for those seeking an urban-coastal lifestyle.
- Serene Community Atmosphere
Located within the Pentridge Cove community, the home benefits from a tranquil environment featuring picturesque walking paths along gentle streams and a well-maintained community pool.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $515 is relatively high for a one-bedroom condominium, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
- Limited Living Space
With only one bedroom and one bathroom, the property has a restricted buyer demographic and lacks the flexibility for a home office or guest room often desired in the current market.
About 781 Grayling
Welcome to 781 Grayling Bay! The home is tucked inside the serene, stream-lined community of Pentridge Cove and is a beautifully updated 1-bedroom, 1-bath retreat in one of Costa Mesa’s most vibrant areas. The residence includes an inviting layout with modern finishes in the bathroom. Step outside and enjoy the community’s peaceful walking paths along a gentle stream and sparkling community pool…then head just minutes to some of Costa Mesa’s favorite lifestyle destinations, including The LAB Anti-Mall, The CAMP, South Coast Plaza, and a growing scene of local breweries and dining. Whether you’re looking for a low-maintenance home or a lock-and-leave OC base, 781 Grayling Bay delivers on the coastal lifestyle in a location that captures the best of Costa Mesa.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 183,468 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $515.0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Sonora Elementary School
Grades PK-6 • 0.6 mi
Paularino Elementary School
Grades PK-6 • 0.8 mi
Maude B. Davis Elementary School
Grades PK-6 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 10% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 864 | 1,572.5 | 10% |
| Lot Size | 183,468 | 85,093 | 60% |
| Price | $635.0K | $752.5K | 10% |
| Price per sq ft | $735 | $640 | 90% |
| Built year | 1980 | 1978 | 50% |
| HOA | $515.0 | $500 | 60% |
| Days on market | 15 | 203 | 10% |
Pricing History
Listed for Sale
Feb 20, 2026
$635,000
Initial Listing
Sold
Jan 13, 1997
$500
Public Record