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Listing Agent: Jeff Cefalia CalDRE: 02081879 - Cefalia Real Estate, 949-697-1955
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

124 Melody Lane,  Costa Mesa CA, 92627

(Active)
$1,650,000
|
3 beds, 2 Full/1 Half baths, 1,802 sqft
|
MLS# OC23060138

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Last Updated: 4/30/2024 9:04 PM
Description for 124 Melody Lane Costa Mesa, CA 92627
Introducing an amazing development opportunity in the highly sought-after Eastside Costa Mesa neighborhood. This exquisite, spacious property, situated in an R3 zone, offers a unique blend of contemporary living and luxury amenities, as well as the potential to build six units, making it an ideal investment for developers and homeowners alike.The existing home features an open floor plan with two distinct living areas, perfect for entertaining or simply enjoying cozy nights in. The attached 2-car garage ensures ample parking and storage space, while the inclusion of all appliances guarantees a hassle-free move-in experience.The true showstopper, however, is the incredible backyard oasis that awaits you. Here, you'll find a stunning pool nestled amidst lush landscaping, creating the ultimate escape for relaxation, recreation, and outdoor living. With a backyard like this, you'll feel like you're in your own private paradise.As a development opportunity, this property's R3 zoning allows for the construction of up to six units, presenting a rare chance to create a multi-family residential project in the vibrant Eastside Costa Mesa community. Benefit from a serene living environment with convenient access to local shops, restaurants, and amenities, while maximizing the property's potential.Don't miss out on this remarkable property and the chance to capitalize on its outstanding development potential. Seize the opportunity to make a lasting impact on the Eastside Costa Mesa community and create a legacy for years to come.
Price
$1,650,000
Eastside Central (ECCM)
Orange
3
2 Full/1 Half
1,802 (approx)
OC23060138
Active
Description
Introducing an amazing development opportunity in the highly sought-after Eastside Costa Mesa neighborhood. This exquisite, spacious property, situated in an R3 zone, offers a unique blend of contemporary living and luxury amenities, as well as the potential to build six units, making it an ideal investment for developers and homeowners alike.The existing home features an open floor plan with two distinct living areas, perfect for entertaining or simply enjoying cozy nights in. The attached 2-car garage ensures ample parking and storage space, while the inclusion of all appliances guarantees a hassle-free move-in experience.The true showstopper, however, is the incredible backyard oasis that awaits you. Here, you'll find a stunning pool nestled amidst lush landscaping, creating the ultimate escape for relaxation, recreation, and outdoor living. With a backyard like this, you'll feel like you're in your own private paradise.As a development opportunity, this property's R3 zoning allows for the construction of up to six units, presenting a rare chance to create a multi-family residential project in the vibrant Eastside Costa Mesa community. Benefit from a serene living environment with convenient access to local shops, restaurants, and amenities, while maximizing the property's potential.Don't miss out on this remarkable property and the chance to capitalize on its outstanding development potential. Seize the opportunity to make a lasting impact on the Eastside Costa Mesa community and create a legacy for years to come.
Listing Information
Property Type: Single Family, 1 Story
3 2 Full/1 Half
0.2 Acres Survey 1,802 (approx)
1963 Yes-2 spaces 1
Eastside Central (ECCM)
Public
Public Sewer
Neighborhood
School Information
District: Newport Mesa Unified
Room Information
Bathrooms: Main Level: 3
2 1
Main Level: 3, Total: 3
Gas Dryer Hookup
Interior Features
Dryer
Central Air
No Common Walls
Street
Living Room
All Bedrooms Down
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, 0 Covered Parking Spaces,
Private
16-20 Units/Acre
Driving Directions
turn right onto E Bay Avenue, Right on Fullerton and right onto Melody Ln
Financial Considerations
42618114
Cash,Conventional,1031 Exchange
Listing Price History

Costa Mesa Real Estate

Costa Mesa is located in California. Costa Mesa, California 92627 has a population of 115,926.

The median household income in Costa Mesa, California 92627 is $87,962. The median household income for the surrounding county is $94,474 compared to the national median of $66,222. The median age of people living in Costa Mesa 92627 is 39 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
1/22/2024 Active $1,650,000  USD  -5.71% MLS info
12/13/2023 Active $1,750,000  USD  6.06% MLS info
6/7/2023 Active $1,650,000  USD  -13.11% MLS info
4/18/2023 Active $1,899,000  USD  -9.57% MLS info
4/17/2023 Active $2,100,000  USD  43.84% MLS info
2/8/2023 Sold $1,460,000  USD  public records
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2023 $10,066   USD 2.83% $872,476   USD -
2022 $9,789   USD 2.64% $872,476   USD 2.00%
2021 $9,537   USD 1.91% $855,369   USD 2.00%
2020 $9,358   USD 21.22% $838,598   USD 1.04%
2019 $7,720   USD 2.06% $830,000   USD 22.61%
Listing Agent: Jeff Cefalia CalDRE: 02081879 - Cefalia Real Estate, 949-697-1955
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 4/30/2024 9:04 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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