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124 Melody Lane
Costa Mesa, CA 92627
Sold
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.
PROPERTY INFORMATION
| MLS # | OC23060138 | Lot Size | 8,780 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 1,650,000
Price Per SqFt: $ 916 |
DOM | 745 Days |
| Address | 124 Melody Lane | Type | Residential |
| City | Costa Mesa | Sq.Ft. | 1,802 Sq. Ft. |
| Postal Code | 92627 | Garage | 2 |
| County | Orange | Year Built | 1963 |
| Bed / Bath | 3 / 2.5 | Parking | 2 |
| Built In | 1963 | Status | Closed |
| Sold Date | 2024-07-16 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included, Gas Dryer Hookup |
| Has Fireplace | Yes |
| Fireplace Information | Living Room |
| Room Information | All Bedrooms Down |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| EntryLocation | Street |
| Entry Level | 1 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 3 |
EXTERIOR FEATURES
| Has Pool | Yes |
| Pool | Private |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,760
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/16/2024 | Sold | $1,495,000 |
| 07/08/2024 | Pending | $1,650,000 |
| 06/10/2024 | Pending | $1,650,000 |
| 01/22/2024 | Price Change (Relisted) | $1,650,000 (-5.71%) |
| 12/13/2023 | Active | $1,750,000 |
| 06/07/2023 | Price Change (Relisted) | $1,650,000 (-13.11%) |
| 04/13/2023 | Listed | $2,100,000 |
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Listing provided courtesy of Jeff Cefalia, Cefalia Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
