2761 Sandpiper Drive
About This Property
Step outside to your very own resort-style oasis. The backyard showcases a sparkling saltwater pool and spa, a wide open lawn perfect for gatherings or even your annual wiffle ball tournament, and direct access to the Santa Ana River Trail-ideal for biking to the beach or enjoying coastal breezes right from your yard.
A true highlight is the property's personal orchard, featuring mature olive, avocado, Valencia and Navel orange, Meyer and Bearss lemon, grapefruit, and plum trees-bringing farm-to-table living to your doorstep.
Inside, a desirable split-level layout provides generous living spaces designed for comfort and entertaining. Enjoy fireplaces in both the living and family rooms, soaring ceilings with updated lighting, and beautifully remodeled bathrooms with cohesive, modern finishes. The primary suite offers two closets and an oversized private balcony, creating a tranquil retreat within the home.
Additional upgrades include a new roof installed in 2024, a tankless water heater, and thoughtful updates throughout. Although not a fixer, this home has potential to expand and redesign the kitchen. The location is unmatched-nestled between Mesa Verde Country Club and Costa Mesa Country Club, near Fairview Park and the award-winning California Distinguished Adams Elementary School.
Blending serenity, convenience, and lifestyle, this home is a rare gem in the heart of Costa Mesa-ready to become the crown jewel of your real estate portfolio.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Price Decreased |
$2,250,000
↓ $195K
(8%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed by Sail Properties, Inc. | $2,445,000 | |
| Listed by Sail Properties, Inc. | |||
| Oct 3, 2025 | Price Decreased |
$2,498,000
↓ $100K
(3.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017