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Costa Mesa Bay View Real Estate & Homes

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$1,386,000
3 Beds ⋅ 3 Baths ⋅ 219127255DA MLS ⋅ Closed Status
Located directly on Newport Beach border w/ water views of Back Bay Nature Preserve from large sun deck & all bedrooms - Panoramic view from North-east (radiant sunrises over Saddleback Mountain) to South-west (glowing sunset reflections over Fashion Island & glistening bay) - Location of Nature Preserve ensures unobstructed view of natural landscape - Back Bay Loop Trail showcases plants, flowers, birds, horses, cyclists, runners & more - Large Master Suite w/ vaulted ceilings complimented by abundant natural light w/extravagant walk-in closet, newly remodeled master bath (premium materials) w/double vanity & ventilating skylight for fresh ocean air - Pristine unit upgraded w/recessed lighting, new kitchen appliances, luxury vinyl flooring, carpeting, new paint, new toilets & modern grey quartz countertops - Downstairs patio for pets, BBQ, gardening, or storage - Street-facing front row unit w/ remarkable curb appeal shares only one wall w/ neighboring 6-unit development - Exterior (stucco, paint, roof & flashing) replaced approximately 6 years ago - Attached 2-car garage w/ large laundry area & large parking space at front of private community driveway - New Appliances: AC 2023 / Gas Furnace 2023 / Gas Water Heater 2022 / Samsung French-door Refrigerator 2022 / Water Filtration System w/ Water Softener & Reverse Osmosis 2021 - HOA pays Water, Trash, Landscape & Community Maintenance

2481 Irvine Avenue Unit 1, Costa Mesa
$2,300,000
25489755 MLS ⋅ Closed Status
Investors and Builders - With a recent rezoning by the County of Orange, this highly desirable property offers unparalleled flexibility and development potential, setting it apart from any other on the market in the Newport-Mesa area. Just 350 yards or so from the serene waters of Newport's Back Bay, this 8,275-square-foot property is ideally located in an unincorporated area of Eastside Costa Mesa. Considering building six new townhomes? How about up to 14 apartments? This property is zoned for both, with a maximum height allowance of 35 feet. Alternatively, design your dream home or even two! You could also renovate the existing 1,400 sqft 3-bedroom, 1.5-bath residence while capitalizing on its two oversized garages and onsite parking for up to 20 vehicles. There are two distinct architectural renderings: Townhouse Rendering -This concept showcases 5 custom townhomes, and 1 custom ADU, all designed in a modern coastal craftsman style. Each townhome is designed with balconies and two car garages. This configuration could generate an estimated sale of more than $7 million. Apartment Rendering - This option presents 8 high-end custom apartments plus 2 custom ADU apartments. Each apartment includes a private balcony and a single-car garage equipped with an EV charger. Under this plan, the conservative rental income is estimated at $35,000 monthly and $420,000 annually. If you're not a builder and looking for a home to live in, with some minor work this home can be move in ready. This development opportunity offers a wealth of possibilities: 1. Develop and Sell Build and sell all units for an immediate profit. 2. Develop and Rent Lease all units to generate steady rental income while benefiting from long-term appreciation and potential tax write-offs. 3. Build and Live Create your dream property, move into one unit, and rent the others. 4. Build and Retain Keep one or two townhomes for yourself, then sell the remaining units to offset your investment costs. 5. 1031 Exchange Use this opportunity to complete your 1031 exchange and defer capital gains taxes. Please ask Listing agent for Offering Memorandum or look in MLS documents. *Buyer to conduct their own due diligence with the County of Orange to confirm all development standards

330 University Drive, Costa Mesa
$2,300,000
3 Beds ⋅ 2 Baths ⋅ 25489209 MLS ⋅ Closed Status
Investors and Builders - With a recent rezoning by the County of Orange, this highly desirable property offers unparalleled flexibility and development potential, setting it apart from any other on the market in the Newport-Mesa area. Just 350 yards or so from the serene waters of Newport's Back Bay, this 8,275-square-foot property is ideally located in an unincorporated area of Eastside Costa Mesa. Considering building six new townhomes? How about up to 14 apartments? This property is zoned for both, with a maximum height allowance of 35 feet. Alternatively, design your dream home or even two! You could also renovate the existing 1,400 sqft 3-bedroom, 1.5-bath residence while capitalizing on its two oversized garages and onsite parking for up to 20 vehicles. There are two distinct architectural renderings: Townhouse Rendering - This concept showcases 5 custom townhomes, and 1 custom ADU, all designed in a modern coastal craftsman style. Each townhome is designed with balconies and two-car garages. This configuration could generate an estimated sale of more than $7 million. Apartment Rendering - This option presents 8 high-end custom apartments plus 2 custom ADU apartments. Each apartment includes a private balcony and a single-car garage equipped with an EV charger. Under this plan, the conservative rental income is estimated at $35,000 monthly and $420,000 annually. If you're not a builder and looking for a home to live in, with some minor work this home can be move in ready. This development opportunity offers a wealth of possibilities: 1. Develop and Sell Build and sell all units for an immediate profit. 2. Develop and Rent Lease all units to generate steady rental income while benefiting from long-term appreciation and potential tax write-offs. 3. Build and Live Create your dream property, move into one unit, and rent the others. 4. Build and Retain Keep one or two townhomes for yourself, then sell the remaining units to offset your investment costs. 5. 1031 Exchange Use this opportunity to complete your 1031 exchange and defer capital gains taxes. Please ask Listing agent for Offering Memorandum or look in MLS documents. *Buyer to conduct their own due diligence with the County of Orange to confirm all development standards

330 University Drive, Costa Mesa
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.