Ideally situated on one of the most coveted blocks in lower Eastside Costa Mesa, 332 Walnut Street presents a truly rare opportunity. Lovingly owned and cared for by the same family for decades, the property offers exceptional flexibility with a permitted addition that creates a separate living space while preserving the ability to reconnect the spaces into one cohesive residence. The main home features two bedrooms and two bathrooms, along with a spacious second living area currently configured as an additional one-bedroom, one-bathroom suite. Upon entering, you are immediately greeted by a wonderful sense of space and volume, highlighted by vaulted ceilings and abundant natural light in the great room. The adjacent open kitchen offers ample counter space, counter seating, and a butcher-block surface ideal for food preparation. A formal dining area, complete with an inviting brick fireplace, provides a warm setting for entertaining and everyday living. Off the great room, a hallway leads to a full bathroom, a generously sized secondary bedroom with views of the front courtyard, and the primary bedroom with its en-suite bathroom. Accessible from the front courtyard through its own private entrance, the additional living space offers a similar great-room layout with an adjacent open kitchen and bar-top seating. A spacious full bathroom and private bedroom complete the space, which could easily be opened back up to the main home. Whether used for extended family, guests, a home office, or additional living quarters, the flexibility makes this a particularly compelling feature of the property. Outside, the well-manicured front lawn and mature plantings create a welcoming first impression, while the private rear entertaining area provides an ideal setting for relaxing or gathering with friends and family. A garage with direct access to the home adds everyday convenience. Perfect for a buyer looking to add value and personalize a home in one of Costa Mesa's most desirable neighborhoods, 332 Walnut Street is ideally positioned just moments from award-winning schools and parks, the shops and restaurants of 17th Street, the Back Bay Nature Reserve, and the famed beaches of the Newport Peninsula. With its exceptional location, flexible floor plan, and tremendous potential, 332 Walnut Street is a rare opportunity to make a home in lower Eastside Costa Mesa.
For sale
Listed by: Arbor Real Estate • Matt Perry • Contact: 949-233-8161
$1,999,000
332 Walnut St, Costa Mesa, CA 92627
3beds
2,054sqft
Single Family Residence
Built in 1958
6,000 Square Feet Lot
$1,976,400 Zestimate®
$973/sqft
$-- HOA
What's special
- 3 days
- 1,171
- 67
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Matt Perry DRE #01192690 949-233-8161,
Arbor Real Estate
Source: CRMLS,MLS#: LG26185105
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Entry/Foyer, Great Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
Primary bedroom
- Features: Primary Suite
Primary bedroom
- Features: Main Level Primary
Primary bedroom
- Features: Multiple Primary Suites
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Full Bath on Main Level, Soaking Tub, Tub Shower, Walk-In Shower
Kitchen
- Features: Kitchen/Family Room Combo, Laminate Counters, Pots & Pan Drawers
Heating
- Forced Air, Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Features
- Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, In-Law Floorplan, Laminate Counters, Open Floorplan, Pantry, Storage, Track Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Primary Suite
- Flooring: Tile, Vinyl
- Windows: Blinds, Custom Covering(s), Screens
- Has fireplace: Yes
- Fireplace features: Gas, Living Room, Masonry, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,054 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Direct Access, Garage Faces Front, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Concrete, Front Porch
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Fencing: Block,Wood
- Has view: Yes
- View description: Courtyard
Lot
- Size: 6,000 Square Feet
- Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Sprinklers In Front, Lawn, Landscaped, Near Park, Near Public Transit, Rectangular Lot, Sprinklers Timer, Sprinkler System, Street Level, Yard
Details
- Additional structures: Guest House, Guest HouseAttached
- Parcel number: 42629311
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Electric: 220 Volts in Garage
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Storm Drain(s), Street Lights, Sidewalks, Park
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Eastside South (Escm)
Location
- Region: Costa Mesa
Financial & listing details
- Price per square foot: $973/sqft
- Tax assessed value: $139,126
- Date on market: 8/26/2026
- Cumulative days on market: 4 days
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
Estimated market value
$1,976,400
$1.88M - $2.08M
$7,641/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $1,999,000$973/sqft |
Source:  CRMLS #LG26185105 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $139,126 +2% |
| 2025 | $2,444 +4.3% | $136,399 +2% |
| 2024 | $2,344 +5.6% | $133,725 +2% |
| 2023 | $2,220 +7.2% | $131,103 +2% |
| 2022 | $2,071 +5.3% | $128,533 +2% |
| 2021 | $1,966 +1.7% | $126,013 +1% |
| 2020 | $1,933 | $124,721 +2% |
| 2019 | $1,933 +2.3% | $122,276 +2% |
| 2018 | $1,889 +3.6% | $119,879 +2% |
| 2017 | $1,823 | $117,529 +2% |
| 2016 | $1,823 +1.9% | $115,225 +1.5% |
| 2015 | $1,790 +3.2% | $113,495 +2% |
| 2014 | $1,734 | $111,272 +0.5% |
| 2013 | -- | $110,770 +2% |
| 2012 | -- | $108,599 +2% |
| 2011 | -- | $106,470 +0.8% |
| 2010 | -- | $105,675 -0.2% |
| 2009 | -- | $105,927 +2% |
| 2008 | -- | $103,850 +2% |
| 2007 | -- | $101,814 +2% |
| 2006 | -- | $99,818 +2% |
| 2005 | -- | $97,861 +2% |
| 2004 | -- | $95,943 +1.9% |
| 2003 | -- | $94,185 +2% |
| 2002 | -- | $92,339 +2% |
| 2001 | $1,152 +3.2% | $90,529 +2% |
| 2000 | $1,116 | $88,754 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 92627
Nearby schools
Schools provided by the listing agent
- Elementary: Kaiser
- Middle: Ensign
- High: Newport Harbor
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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