1273 Westreef
About This Property
Tucked into one of Westside Costa Mesa's most coveted and rarely available communities, this modern 3-bedroom + flex space, 2 full bath + 2 powder residence offers an incredible opportunity to own a detached single-family home in the eco-conscious enclave of Westreef. With only 17 homes in the neighborhood and very few ever hitting the market, this is your chance to secure a stylish retreat near local favorites like Fairview and Canyon Parks, Victoria Elementary, Page Academy, and the Waldorf School - plus you're just 1.5 miles from the surf at Newport and Huntington beaches. This home is at the intersection of three cities with unique culture and character and walkable to popular dining options like Fermentation Farm, Nudae Coffee, Basil Thai and also staples like Trader Joe's and Starbucks. For those who like hiking and biking, there is river trail access that leads straight to the beach right next to the complex as well as a scenic park across the street with beautiful views of the sunset.
Spanning approx. 2,010 square feet across three spacious levels, this home offers architectural flair and flexible living with expansive indoor/outdoor flow. The open-concept second floor is an entertainer's dream, featuring a gourmet kitchen with European quartz countertops, a large island with bar seating, and GE stainless steel appliances - all opening to a sunny private outdoor yard that could be transformed into your dream entertainment space (with free guest parking!).
The third floor hosts a spacious primary suite with a private balcony and walk-in closet, plus two additional bedrooms.
This detached single-family home features a versatile flex space, ocean views from secondary bedrooms, and eco-friendly upgrades like solar panels and a tankless water heater. It includes a spacious two-car garage with EV chargers. With no Mello Roos, low HOA fees, and a prime location near major freeways, top schools, and emerging shops, Westreef offers a perfect blend of modern, sustainable living close to nature and the coast.
Don't miss your chance to live in one of Costa Mesa's best-kept secrets. Homes in Westreef rarely become available - and this one is ready to make your own.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Listed by Compass Newport Beach | $1,350,000 | |
| Listed by Compass Newport Beach | |||
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About Costa Mesa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017