Just Sold 1958 Pelican Place Costa Mesa CA 92626
This was really a FIXER home with unlimited potential. The long time owner had taken absolute care of this home. .. it was in mostly original condition, and was ready for a new owner’s personal touches. This is the one you have been waiting for – in the best location and ready for all of your remodeling ideas. Wonderful single story floorplan with large family room, extra large formal dining area, and small addition that is perfect for a home office or playroom. This home is in the BEST LOCATION. .. quiet ‘U’ shaped street in the Lower Birds area of Mesa Verde. Homes on this quiet tree lined street very rarely come on the market. Newer roof and updated exterior.
Great deal with a little work
This was an exceptional deal in Costa Mesa – there was another larger home just down the street that sold for more than $700,000. Many times, homes in original or close to original condition have a difficult time selling because many of today’s buyers want to walk into something that is much more turnkey and has today’s common upgrades, like granite counters in the kitchen or newer bathrooms. A lot of times, that is simply not the reality in here in Costa Mesa. If you have looked in newer communities in San Clemente or Ladera Ranch, you definitely get wowed by all the newness of the homes and the upgrades that come with them. If you then start looking in Costa Mesa at homes that are largely 50 years old you start to see homes that either need desperate repair or lots of updating.
Consider Doing it Yourself
However! And that’s a big however, depending on how you look at it, doesn’t it make sense to buy a less expensive home and add the upgrades exactly as you would like them? Now, I get it if you have gone through remodeling before and you couldn’t take it. But I always counsel my clients that it is not that difficult to find the right contractors and get the work done at the right price, especially considering today’s economy.
This home on Pelican Place sold for $582,000 at the end of last year, and it was a good home to put another $50,000 or so into upgrades. I think two bathrooms and a kitchen would cost a bit less than that, especially working with the right people. This home was in great condition, it just needed updating. Believe me, there are plenty of those out there.
Need a Fixer, or More of an “Updater”?
There are lots of great project homes, and lots of great fixers out there. If you are looking at getting in the best neighborhood at the right price, let me know. I will be happy to give you some great recommendations!
Colin Delaney, GateHouse Properties, 714-743-9882 email me