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2972 Teakwood Place, Costa Mesa, CA 92626

$1.60M3bd · 2ba · 1,732 sqft
Lot 7,326 sqft•Single Family Residence•
Active
•68d on market•MLS# OC-26186400

Property Description

Now offered at a newly reduced price! Tucked at the end of a quiet cul-de-sac in Mesa Verde, this single-level home blends refined finishes with relaxed California living. Warm wood floors, crown molding and wainscoting set the tone in the bright living room. The remodeled kitchen is the centerpiece, with a large island seating five, white cabinetry, stone counters and stainless steel appliances, all open to the family room. French doors extend the living space to a covered, lit patio made for evenings outdoors. The private backyard features mature fruit and citrus trees, a grapevine, a fire bowl and a dedicated BBQ area. The primary suite opens directly to the yard. Owned solar is fully paid off, helping keep energy costs low. Minutes to Mesa Verde Country Club, Fairview Park, South Coast Plaza and the beach.

Features & Amenities

Mesa VerdeFeeBuilt 1959

Property Details

Subdivision
Mesa Verde
Land Type
Fee
Year Built
1959
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central, Fireplace(s)
Cooling
Central Air
View
None
Flooring
Vinyl
Roof
Shingle
City
Costa Mesa
Zip Code
92626
County
Orange
Listed byFirst Team Real Estate, Marc Coppock

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,085.41
Principal & Interest
Loan Amount
$1,279,200
Total Interest
$1,631,549
Total Payment Over 30 Years
$2,910,749
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Mesa Verde

This property is located in Mesa Verde, a community in Costa Mesa. Explore more listings in this neighborhood to compare options and pricing.

View Mesa Verde Listings

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

2972 Teakwood Place, Costa Mesa, CA 92626

Mesa Verde · Costa Mesa · Single Family Residence

$1.60M
Luxury Tier
Beds
3
Baths
2
Sqft
1,732
Lot
7,326 sqft
Year
1959
$/Sqft
$923
Pool: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed 6.5% above the median closed sale of $1,501,000. Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.60M· $923/sqft
Total list price
Closed comps
vs closed median $1.50M
+$98K (+6.5%)
Active comps
vs active median $1.70M
−$96K (−5.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $968
−$45 (−4.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3076 MadeiraCosta Mesa1959321,6976,912$825$1.40M1195
2964 RedwoodCosta Mesa1959321,4516,300$1,137$1.65M8794
1582 Ponderosa StreetCosta Mesa1959321,6007,000$1,059$1.70M1793
3281 Michigan AvenueCosta Mesa1962321,9886,600$880$1.75M5289
1430 ShamrockCosta Mesa1956321,9028,505$941$1.79M7372
Total: 5 · Average3.02.01,727.67,063.4$968.4$1.66M48
Median1,697$1.70M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1566 Corsica PlaceCosta Mesa195909/02/2026321,3577,636$1.40M$1.36M$1,0050.9712094
3101 Barbados PlaceCosta Mesa195807/30/2026321,4767,590$1.45M$1.42M$9620.983693
1598 Baker StreetCosta Mesa200810/19/2026322,0476,466$1.40M$1.50M$7331.082592
3030 SAMOACosta Mesa196007/23/2026432,0807,313$1.52M$1.59M$7671.0513286
1585 BakerCosta Mesa196011/13/2025321,4516,804$1.65M$1.58M$1,0890.964883
Total: 5 · Average3.22.21,682.27,161.8$1.49M$1.49M$911.2—72.2
Median1,476$1.50M$1.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.