2745 Drake, Costa Mesa, California 92626, Costa Mesa, 92626 - 3 bed, 2 bath
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2745 Drake
Costa Mesa, California 92626
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,639Sq Ft
6,510Lot Size
Property Price
LIST PRICE$1,650,000
EST. MARKET VALUE
$1,725,367
4% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,650,000—positioned well below the $1,725,368 Fair Market Value by 4%. This valuation gap offers $75,368 in Instant Equity for the buyer. Featuring a modernized kitchen, paid-for solar panels, and a private pool, the property maintains an Excellent Condition Rating. Located in the desirable Mesa Del Mar neighborhood near top-rated schools like Davis Magnet, this home is an ideal choice for Owner-Occupants or growing families seeking a premium, energy-efficient lifestyle.
Estimated Market Value
$1,725,367+$75,367 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Costa Mesa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2745 Drake Subject | $1,650,000* List Price | 3 | 2 | 1,639 | $1,053 | - |
A 913 Junipero Sold | $1,715,000 | 4 | 2 | 1,600 | $1,072 | 0.2 mi |
B 975 Junipero Sold | $1,600,000 | 4 | 2 | 1,735 | $922 | 0.4 mi |
C 2798 Francis Lane Sold | $1,695,000 | 3 | 2 | 1,297 | $1,307 | 0.2 mi |
D 1133 El Camino Sold | $1,925,000 | 3 | 2 | 1,867 | $1,031 | 0.8 mi |
E 2723 Cibola Avenue Sold | $1,560,000 | 3 | 2 | 1,532 | $1,018 | 0.6 mi |
F 766 Hudson Sold | $1,290,000 | 4 | 2 | 1,490 | $866 | 0.9 mi |
G 832 Presidio Sold | $1,512,195 | 3 | 2 | 1,299 | $1,164 | 0.1 mi |
H 2702 San Lucas Lane Sold | $1,391,500 | 3 | 2 | 1,300 | $1,070 | 0.1 mi |
I 3124 Trinity Active | $1,399,000 List Price | 4 | 2 | 1,505 | $930 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a high-end, modern kitchen renovation with quartz countertops and stainless steel appliances likely completed within the last 5 years. With updated bathrooms, hardwood floors, paid-for solar panels, and a mint-condition pool and exterior, the home requires no immediate maintenance and is in move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property includes paid-for solar panels, offering a significant financial advantage by maintaining low electricity costs for the homeowner.
- Modernized Interior
The home features a contemporary open floor plan with hardwood floors and a fully updated kitchen boasting quartz countertops and stainless steel appliances.
- Prime Location
Situated in the highly desirable Mesa Del Mar neighborhood, the home offers excellent proximity to South Coast Plaza, Davis Magnet School, and local beaches.
CONSRISKS & DEFICIENCIES
- Lack of Views
The property does not offer any scenic views, which may be a drawback for buyers prioritizing aesthetic vistas at this price point.
- Vintage Infrastructure
Built in 1960, the home may require more frequent maintenance of original underlying systems compared to newer constructions in the area.
About 2745 Drake
Welcome to this spacious and updated 3-bedroom, 2-bathroom home in the desirable Mesa Del Mar neighborhood. The home features an open floor plan with plenty of natural light, hardwood floors, and an updated kitchen with quartz countertops, new cabinets, and stainless steel appliances. The kitchen opens to a side yard, perfect for BBQs or relaxing outdoors. The large family room overlooks the pool and offers plenty of space for entertaining. It could also be converted into a 4th bedroom. The primary bedroom has its own bathroom, with two additional bedrooms and an updated hall bathroom. The home also features paid-for solar panels, which can help keep electric costs very low. There is plenty of parking, including a 2-car garage with washer and dryer hookups. Located on a quiet, flat, golf-cart-friendly street, the home is close to Davis Magnet School, the OC Fairgrounds, beaches, freeways, John Wayne Airport, and South Coast Plaza. With its great location, spacious layout, pool, and updated features, this home is a great choice for comfortable family living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,510 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Costa Mesa Unified Schools
Sonora Elementary School
Grades PK-6 • 0.3 mi
8/10
Maude B. Davis Elementary School
Grades PK-6 • 0.7 mi
9/10
Costa Mesa High School
Grades 7-12 • 1.0 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,639 | 1,773.938 |
| Lot Size | 6,510 | 6,573.577 |
| Price | $1.65M | $1.69M |
| Price per sq ft | $1.0K | $976 |
| Built year | 1960 | 1961 |
| HOA | $0 | $342 |
| Days on market | 15 | 51 |
Pricing History
Listed for Sale
Aug 25, 2026
$1,650,000
Initial Listing
Sold
May 21, 2021
$1,100,000
Public Record
Sold
Jul 23, 2009
$525,000
Public Record
Sold
Nov 17, 1993
$225,000
Public Record