RENTED MAY 23, 2025

2348 Colgate Dr Costa Mesa, CA 92626

Estimated Value: $1,810,000 - $1,932,000

3 Beds
2 Baths
2,065 Sq Ft
$908/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $1,585,000 $768 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,290/month

Highlights

  • Updated Kitchen
  • Outdoor Fireplace
  • High Ceiling
  • Costa Mesa High School Rated A-
  • Main Floor Bedroom
  • Great Room

About This Home

As of May 2025

***Exquisite Mid-Century Modern Home – Minutes from the Beach!***

Welcome to this stunning 3-bedroom, 2-bathroom mid-century modern masterpiece in the coveted College Park neighborhood of Costa Mesa. Spanning 2,065 sq. ft. on a spacious 7,242 sq. ft. lot, this single-level home masterfully blends timeless architecture with modern elegance.
Open-Concept Living: Vaulted ceilings, floor-to-ceiling windows, and an abundance of natural light create a bright and airy ambiance throughout the home. You'll find thoughtfully designed with sleek cabinetry, premium stainless steel appliances, quartz countertops, and a spacious island—perfect for hosting and everyday living in the gourmet kitchen. Luxurious Primary Suite: A private retreat featuring generous closet space and an en-suite bath with designer finishes. Expansive Lot & Outdoor Oasis: The professionally landscaped backyard offers ample space for entertaining, relaxation, or future development. Did I mention that fireplace!! Less than 5 miles from Newport Beach, where you can enjoy the scenic coastline, Balboa Peninsula, and world-famous surfing spots. Convenience & Lifestyle: Close to top-rated schools, parks, golf courses, and easy freeway access for seamless travel throughout Orange County. This is more than a home—it’s an incredible opportunity to live, expand, and invest in one of Costa Mesa’s most sought-after neighborhoods. Whether you embrace its current charm or take advantage of the city-approved expansion, this property is a true gem in coastal Orange County living!

Last Agent to Rent the Property

Sheila Melillo

Alta Realty Group CA, Inc Brokerage Phone: 949-500-5409 License #01980153 Listed on: 04/19/2025

Alta Realty Group CA, Inc

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 7,242 Sq Ft Lot
  • Wrought Iron Fence
  • Landscaped
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,065 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • High Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • College Park Subdivision

Listing and Financial Details

  • Security Deposit $7,500
  • 12-Month Minimum Lease Term
  • Available 5/1/25
  • Tax Lot 75
  • Tax Tract Number 2955
  • Assessor Parcel Number 14146202

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-05-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Pets: 750
  • Deposit Security: 7500
  • Furnished: Negotiable
  • Pets Allowed: Call
  • Total Move In Costs: 15500.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Some furniture may be included at an increased monthly rent.
  • Property Attached: No
  • Subdivision Name Other: College Park (COLP)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 14146202
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2065.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room, Outside
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.49
  • Room Type: All Bedrooms Down, Family Room, Great Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 7242.00
  • Lot Size Acres: 0.1663

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7242.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 639.05
  • Tax Lot: 75
  • Tax Tract Number: 2955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
May 10, 2023
Sold by
Rice Candace D and Rice Robert W
Bought by
Melillo Steven J
Seller's Agent
Lori Robnett
First Team Real Estate
Buyer's Agent
Cathy Christina
First Team Real Estate
List Price
$1,650,000
Sold Price
$1,585,000
Premium/Discount to List
-$65,000
-3.94%
Views
42
Current Estimated Value
$1,884,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,795
Avg. Annual Appreciation
6.62%
Original Mortgage
$985,000
Outstanding Balance
$957,810
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$917,155

Purchase Details

Closed on
Jul 20, 2020
Sold by
Rice Robert W and Rice Candace D
Bought by
Rice Candace D and Rice Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2000
Sold by
Barton Robert W and Barton Theresa M
Bought by
Rice Robert W and Rice Candace D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
7.9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2025 05/23/25 Rented $7,200 0.0% --
05/21/2025 05/21/25 Off Market $7,200 -- --
04/19/2025 04/19/25 For Rent $7,200 0.0% --
06/13/2023 06/13/23 Sold $1,585,000 -3.9% $768 / Sq Ft View Prior Sale
05/10/2023 05/10/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $1,650,000 -- $799 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,022 $1,649,034 $1,472,193 $176,841
2024 $18,022 $1,616,700 $1,443,326 $173,374
2023 $5,082 $404,240 $235,344 $168,896
2022 $4,886 $396,314 $230,729 $165,585
2021 $4,727 $388,544 $226,205 $162,339
2020 $4,667 $384,560 $223,885 $160,675
2019 $4,566 $377,020 $219,495 $157,525
2018 $4,474 $369,628 $215,191 $154,437
2017 $4,400 $362,381 $210,972 $151,409
2016 $4,308 $355,276 $206,835 $148,441
2015 $4,265 $349,940 $203,728 $146,212
2014 $4,169 $343,086 $199,738 $143,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25086350

California Regional Multiple Listing Service (CRMLS)

APN: 141-462-02