330 University Drive Pending Save Request In-Person Tour Request Virtual Tour
Costa Mesa,CA 92627
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $1,463
MLS Listing ID CL25489209
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1944
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Single Family Residence
Property Description
Investors and Builders - With a recent rezoning by the County of Orange, this highly desirable property offers unparalleled flexibility and development potential, setting it apart from any other on the market in the Newport-Mesa area. Just 350 yards or so from the serene waters of Newport's Back Bay, this 8,275-square-foot property is ideally located in an unincorporated area of Eastside Costa Mesa. Considering building six new townhomes? How about up to 14 apartments? This property is zoned for both, with a maximum height allowance of 35 feet. Alternatively, design your dream home or even two! You could also renovate the existing 1,400 sqft 3-bedroom, 1.5-bath residence while capitalizing on its two oversized garages and onsite parking for up to 20 vehicles. There are two distinct architectural renderings: Townhouse Rendering - This concept showcases 5 custom townhomes, and 1 custom ADU, all designed in a modern coastal craftsman style. Each townhome is designed with balconies and two-car garages. This configuration could generate an estimated sale of more than $7 million. Apartment Rendering - This option presents 8 high-end custom apartments plus 2 custom ADU apartments. Each apartment includes a private balcony and a single-car garage equipped with an EV charger. Under this p
Location
State CA
County Orange
Zoning R4
Interior
Interior Features Bonus/Plus Room,Workshop
Heating Wall Furnace
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Exterior
Pool None
View Y/N true
View Bay
Total Parking Spaces 20
Private Pool false
Building
Story 1
Architectural Style Traditional
Level or Stories One Story
New Construction No
Others
Tax ID 43909213