Tag Archives: homes

Costa Mesa – Mesa Verde Egg-Citement Followup

Our Costa Mesa real estate company, Torelli Realty, enjoyed every minute of Egg-Citement!  Our Realtors had a blast helping out.  Huge turnout from the neighborhood homes.  Can’t wait for next year.  Enjoy some more photos!  Thanks again to the Estancia High School Cheer Squad & Boosters!

Picture of Easter Bunny

The Easter Bunny and friends

Picture of Estancia High School Cheer Squad

Estancia High School Cheer Squad

Picture of Bounce House

Bounce House!

Costa Mesa Real Estate Sees Highest Priced Home Sale in 8 Months

We’re proud to announce the sale of the most expensive Costa Mesa home in the last 8 months!  2717 Starbird Drive in the Mesa Verde neighborhood sold for $1.25 million.  Considering that the median price for all homes in the Costa Mesa real estate market is $649,000, it’s noteworthy that this home sold for nearly double that amount.

Picture of house on Starbird

2717 Starbird, Costa Mesa

Currently, there are 125 homes for sale in Costa Mesa. This house was originally listed for sale in October 2009 because the sellers were looking to downsize.  Since they were not in a major rush to sell, they were able to bide their time and wait patiently for an offer.  In the real estate market we’re facing now, homes over a million dollars don’t typically sell as fast as homes closer to the median price point, which are more affordable to buyers.   The buyers were set on this location, proving again that real estate is all about “location, location, location.”

The Mesa Verde section of Costa Mesa is a desirable neighborhood for many reasons – it has wonderful parks, well-kept homes, and a strong sense of community.  This home is located in a section that is specifically known as the Upper Bird Streets because the streets are named after birds.  It’s a great area near one of Costa Mesa’s best parks, Tanager Park.  Mesa Verde homes retain their value well, as the median home price here is $639,000.  Homes here are often in high demand and right now there are only 25 homes for sale in Mesa Verde.   Buyers who are anxious to get into this prime location do not have that many to choose from.

The sale of such a high-priced home reveals some useful information about the Costa Mesa real estate market.  For one, there is a solid demand for homes where the buyers can deliver the title in a timely manner, in this case due to paying in cash.  Also, homes in lower price ranges, specifically homes under $500,000, have bottomed out and are difficult to find (unless the home needs major work, is a short sale, or isn’t in a desirable area).  Finally, the old axiom that location is key played a huge role in this home sale.

5th Annual Mesa Verde Golf Tournament POSTPONED

Unfortunately the 5th Annual Mesa Verde Golf Tournament has been postponed.  The event has been rescheduled for Monday, April 19 due to the forecasted rain for this Monday.  We’re still looking forward to sponsoring the event in March and hope to see you there.  More details to follow soon.

Torelli Realty Sponsors 5th Annual Mesa Verde Golf Tournament

Costa Mesa, CA: On Monday, April 19, we’re going to be at The 5th Annual Mesa Verde Golf Tournament and proud to be one of the sponsors for this worthy event.  In a recent post we let you know that the tournament is going to benefit youth sports in Costa Mesa and will be hosted by the Costa Mesa Community Athletic Foundation.  The goal is to raise $200K to improve the athletic facilities in Costa Mesa, which will greatly benefit our youth.  At the golf tournament, Torelli Realty will be hosting a martini bar at one of the tees plus we’re going to have a fun contest on the fairway.  Who’s going to tackle the green?  Any contestants who hit the ball in the fairway will be entered into a drawing and a few lucky people will receive the award-winning Cabernet and Chardonay from the personal wine cellar of Windell and Karen Stout.

Picture of Estancia Cheer Squad

Estancia High School Cheer Squad

The Estancia High School Cheer Squad, who we’ve  been happy to support, will also be at the event to provide some pep.  The day promises to be a great one that will bring future enjoyment to young sports enthusiasts and will improve the community.  We’re all FORE it!

Torelli Realty

http://www.torellirealty.com

(714) 540-7355

Costa Mesa Renovations of Yesterday Meet Today

Most Costa Mesa homes were built in the 1960s and 1970s.  But here’s an interesting bit of trivia – historians believe that the Diego Sepulveda Adobe was built between 1817-1823, making it not only the oldest building in Costa Mesa, but the second oldest in all of Orange County!  The adobe originally served as a shelter for herdsmen from Mission San Juan Capistrano.  The herdsmen were responsible for watching over cattle and horses (as you know, I love animals!).  This past weekend the Costa Mesa Historical Society sponsored an event called Early California Days, which featured the recent renovations on the adobe.

It’s a fact of life that you can learn from the past so I think it’s noteworthy that renovations are just as necessary in our homes today as they are in an old adobe.  The Diego Sepulveda Adobe got a new tile roof, some electrical work, refurbished floors, and whitewashed walls. Some of these upgrades and others I suggest to sellers to get top dollar.  Each home is different, and I meet with my clients before putting the home on the market and identify what areas need attention AND get the most return on the dollars put in.

The history of Costa Mesa is important to a lot of homebuyers and it’s exciting to see how the city strives to preserve its heritage by educating and entertaining the community.  Costa Mesa holds numerous events, which helps to make it a desirable area and a frontrunner in real estate. The next time you look into renovating your home, think about how it really can be a long-term investment!

Diego Sepulveda Adobe

For more information on real estate in Costa Mesa or tips on how to renovate your home please contact Torelli Realty.

To read more about the event check out this article in the Daily Pilot, 9/20/09.