$1,125,000
●
House -
Off Market
2553 Fairway Drive
Costa Mesa, CA 92627
3 Beds
2 Baths
1,800 Ft²
$1,758,215
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Extra large lot 8,100sf on a premium Eastside street with a lot of
custom remodeled homes. This 3 bedroom, 2 bath home has original
hardwood flooring with a expanded(Permitted) large master bedroom
and a expanded living room with laminate flooring, giving you
modern open plan space with the charm of a 50's home. This home has
been very well maintained & renovated with all the modern
conveniences added like a 5 ton air conditioning system, quartz
counter-tops, remodeled master bathroom, full copper plumbing,
wooden shutters on all windows, dual pane windows, alarm, RV
parking, Insulated tuff shed with electricity suitable for home
office, high brick walls all round and enclosed front and
backyards, Vinyl locking gates front & back & extended front porch.
A must see, if you are in the market for a quality home in Eastside
Costa Mesa that is move in ready. Located walking distance to the
Newport Backbay.
Unit Size
1,800 Ft²
Days on Market
292 days
Land Size
0.19 acres
Price per sqft
$644
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
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%.
How much can I actually make?
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.
Last updated: 5 months ago (CRMLS #NP17195461)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Pacific Sotheby's Int'l Realty | $2,595,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| | |||
|
Welcome to this beautifully curated single-level residence offering timeless design, thoughtful upgrades, and effortless indoor-outdoor living. Framed by a manicured front yard, the 3-bedroom, 2-bath home opens to a light-filled interior featuring hardwood floors, plantation shutters, two inviting living spaces, and a classic wood-burning fireplace. The remodeled kitchen is equipped with premium Viking and KitchenAid appliances and flows seamlessly to the backyard, creating an ideal setting for entertaining. Outdoors, the private yard is designed for gathering and relaxation with café lighting, a custom built-in BBQ with refrigerator drawers, and an inviting fire feature surrounded by lush landscaping and expansive lawn. The spacious primary suite offers a peaceful retreat with a walk-in closet, a dedicated office or sitting area, and French doors that open directly to the beautifully designed outdoor space. Ideally situated near the scenic trails of the Back Bay, Fashion Island’s world-class shopping and dining, and Newport’s renowned beaches, this is the home you’ve been waiting for.
| |||
| Jun 11, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2017 | Listed by Villa Real Estate | $1,159,900 | |
| Listed by Villa Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Costa Mesa
Similar Homes for Sale
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Listed by: Brian Gibney, Villa Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP17195461
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP17195461
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