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Sold

2540 Cornerstone Lane sold on May 8, 2020 for $820,000, 1.1% below the $829,000 asking price after 34 days on the market. The buyer financed the purchase with a conventional loan. The details are below for reference.

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CondominiumSold · May 8, 2020

2540 Cornerstone Lane, Costa Mesa, CA 92626

  • 3 beds
  • 3 baths
  • 2,081 sq ft
  • Built 2006
$820,000

MLS# OC20036990

The home

About 2540 Cornerstone Lane

Welcome to Cornerstone Lane, a collection of 37 homes built in 2006 designed with a focus on upscale coastal living. The beautifully manicured and gated community is centrally located just minutes from The Upper Newport Bay (Back Bay), Mesa Verde Country Club, Costa Mesa Country Club, The Camp, The Lab, SoCo Collection, South Coast Plaza, The Segerstrom Center for the Arts, and less than 4 miles to the beach. 2540 is a pristinely kept turnkey home with 3 bedrooms, 2.5 bathrooms, and a large loft upstairs that was originally a builder option to be a 4th bedroom. Downstairs you have a spacious living room with a gas fireplace, an open kitchen with stainless steel appliances and granite counters, an open dining area and a family room. The large master suite has a walk-in shower, a large soaking tub, dual vanities, a walk-in closet and a separate water closet. The home includes all of the amenities you would expect in a newer home such as 9’ ceilings, inside laundry room upstairs, recessed lighting, dual pane windows, central heat and A/C, a newer hot water heater, 2 car garage, recently painted interior, and a nicely hardscaped back patio. The home is zoned as a condo but it is fully detached, no shared walls, just like a single-family home. Welcome home to 2540 Cornerstone Lane.

Property details for 2540 Cornerstone Lane

This 3-bedroom, 3-bath condo sits in the Cornerstone neighborhood of Costa Mesa in Orange County. It offers 2,081 square feet of living space. The home was built in 2006. The MLS record lists the assessor parcel number as 932-071-78. Highlights include a fireplace, a gated community, an attached two-car garage, central air, a turnkey home, and traditional architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Specifications

Home Details

At a glance

Price
$820,000
Days On Site
N/A
Bedrooms
3
Inside Area (SqFt)
2,081 sqft
Total Baths
3
Full Baths
2
Partial Baths
1
Lot Size
N/A
Year Built
2006
MLS® Number
OC20036990
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
$221 monthly
Sq Ft Source
N/A

General Features

Property Type
Condominium
MLS Number
OC20036990
Year Built
2006
Builder
Richmond America
Living Area (sq ft)
2,081
Lot Size (sq ft)
3,500
Lot Size (acres)
0.0803
Levels
Two
Bedrooms
3
Full Baths
2
Half Baths
1
Garage Spaces
2
Parking Spaces
2
View
Neighborhood
HOA Dues
$221
HOA Frequency
Monthly
HOA Name
Cornerstone
Parcel Number
93207178
On Market Date
2020-02-19
Listing Terms
Standard

Interior Features

Interior Features
Crown Molding, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Tile Counters, All Bedrooms Up, Loft, Primary Suite, Walk In Pantry, Walk In Closets
Appliances
Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Water To Refrigerator, Water Heater
Flooring
Carpet, Tile
Heating
Central, Fireplaces, Natural Gas
Cooling
Central Air, Electric
Fireplace
Gas, Living Room
Laundry
Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Upper Level
Main Level Bathrooms
1
Entry Level
1
Common Walls
No Common Walls
Windows
Blinds, Double Pane Windows, Screens
Accessibility
None

Exterior Features

Architectural Style
Traditional
Exterior Features
Rain Gutters
Roof
Concrete, Flat Tile, Tile
Construction
Brick, Stucco, Copper Plumbing
Foundation
Slab
Lot Features
Paved
Patio and Porch
Concrete, Front Porch, Patio
Parking
Door Single, Garage, Garage Faces Side
Fencing
Block, Vinyl
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Condition
Turnkey
Faces
South
Units
1

Community Features

Subdivision
Cornerstone
Community Features
Curbs, Street Lights, Sidewalks, Gated
Association Amenities
Playground
Security
Carbon Monoxide Detectors, Gated Community, Smoke Detectors

The record

Property History for 2540 Cornerstone Lane

DateEventPriceNote
May 8, 2020 Sold $820,000
Feb 19, 2020 Listed for sale $829,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 2540 Cornerstone Lane

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0266J effective December 3, 2009. Checked October 15, 2026.

Fire hazard severity zone

Not in a fire hazard severity zone on the State Fire Marshal's map.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.

Liquefaction zone

Outside the liquefaction zones.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: AT&T, up to 1,000 Mbps, at 1 of 120 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 1 of 120. Cable: Spectrum, up to 1,000 Mbps, at 76 of 120.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590638071003, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.3 miles away (Tesla Supercharger, 28 DC fast ports). 455 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

Looking for something similar

2540 Cornerstone Lane is no longer on the market, but comparable homes come up in Costa Mesa regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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The neighborhood

About Costa Mesa

Costa Mesa sits on the coastal tableland of central Orange County, bordered by Santa Ana, Huntington Beach, and Newport Beach, with its southern edge about a mile from the Pacific. South Coast Plaza, the Segerstrom Center for the Arts, the Orange County Fairgrounds, Orange Coast College, and the Eastside and Mesa Verde neighborhoods all fall within the Newport-Mesa Unified School District.

Costa Mesa home sales, past 12 months

Homes sold
72
Median price
$967,500
Median days on market
20
Median per sq ft
$706

Recorded MLS closings of condos, Oct 15, 2025 to Oct 15, 2026. Days on market run from listing to going under contract.

Recent Costa Mesa sales

AddressClosedPriceSq ftPer sq ftDays on market
1675 Grand View Oct 8, 2026 $1,642,500 2,265 $725 19
2157 Pacific Avenue B202 Sep 29, 2026 $1,150,000 1,445 $796 5
1940 Maple Avenue 111 Sep 28, 2026 $755,000 1,170 $645 62
2626 Santa Ana 3 Sep 18, 2026 $1,060,000 1,462 $725 26
2680 Orange J Sep 10, 2026 $1,120,000 1,650 $679 13

Schools

Schools for 2540 Cornerstone Lane

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Adams
Middle
Tewinkle
High
Estancia
District
Newport Mesa Unified

Living in Costa Mesa covers its schools, parks and beaches.

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Listed by Jeremiah Secrest of First Team Real Estate

Listing information updated Jun 27, 2026 at 11:50 AM PT. Source: CRMLS.

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