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Sold for $1,550,000
  • Listed by: Treeline Realty & Investment • Johnny Lam • Contact: 626-656-2889
    Bought with: Exceptional Realty
    $1,550,000

    1027 Palmetto Way, Costa Mesa, CA 92626

    4beds
    2,375sqft
    Single Family Residence
    Built in 2011
    4,968 Square Feet Lot
    $1,571,400 Zestimate®
    $653/sqft
    $6,026 Estimated rent

    Home value

    $1,571,400

    $1.45M - $1.71M

    $6,026/mo

    Zestimate® history
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    What's special

    Large fireplacePeaceful end-of-cul-de-sac settingModern cabinetryLarge center islandAbundant natural lightModern architectural finishesPrimary suite
    Great location in Costa Mesa! This newly constructed home in The Grove at Mesa Del Mar, built in 2011, features every modern convenience and sits in a peaceful end-of-cul-de-sac setting. This well-designed home offers 2,375 sq.ft. of living space with 4 bedrooms and 3 bathrooms. The open-concept floor plan features cathedral ceilings and abundant natural light. A downstairs bedroom and full bath provide flexibility for guests, in-laws, or home office needs. The spacious chef’s kitchen includes a large center island, GE Profile stainless steel appliances, modern cabinetry, a walk-in pantry, and direct access to an oversized garage through the adjacent laundry room. The living room centers around a large fireplace, offering a welcoming area for relaxation and entertaining. Upstairs, the open loft creates a second living space ideal for work or leisure. The primary suite is bright and expansive, featuring a large bath with dual vanities, soaking tub, and walk-in closet. All additional bedrooms are generously sized and designed for comfort and practicality. Additional highlights include double-pane windows, central air and heat, and modern architectural finishes. The professionally managed HOA community offers a well-maintained and cohesive environment in one of Costa Mesa’s most desirable areas. Just minutes from Newport Beach, South Coast Plaza, OC Fairgrounds, and Orange Coast College, this location combines quiet residential living with exceptional access to shopping, dining, and local amenities. (Photos were taken prior to current tenant occupancy.)

    Zillow last checked:

    Listing updated:

    Listed by:

    Johnny Lam DRE #01064582 626-255-7806,

    Treeline Realty & Investment,

    Nan Xiao DRE #02217411 626-822-1491,

    Treeline Realty & Investment

    Bought with:

    Neuman Ramatula, DRE #02059000

    Exceptional Realty

    Source: CRMLS,MLS#: AR25093309MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Family Room, Foyer, Kitchen, Laundry, Loft, Primary Bedroom, Other
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Closet, Dual Sinks, Full Bath on Main Level, Granite Counters, Tub Shower
    Family room
    • Features: Separate Family Room
    Kitchen
    • Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Walk-In Pantry
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Convection Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Range Hood, Water To Refrigerator
    • Laundry: Laundry Room
    Features
    • Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Bedroom on Main Level, Entrance Foyer, Loft, Primary Suite, Walk-In Closet(s)
    • Flooring: Carpet, Laminate
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,375 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, Public, One Space
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: None
    • Exterior features: Lighting, Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: None
    Lot
    • Size: 4,968 Square Feet
    • Features: Back Yard, Front Yard, Lawn
    Details
    • Parcel number: 14167135
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2011

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Security: Smoke Detector(s)
    • Subdivision: Other
    HOA
    • Has HOA: Yes
    • Amenities included: Other
    • HOA fee: $154 monthly
    • HOA name: The grove at mesa del mar
    • HOA phone: 949-261-8282
    Location
    • Region: Costa Mesa

    Financial & listing details

    • Price per square foot: $653/sqft
    • Tax assessed value: $1,031,852
    • Annual tax amount: $12,000
    • Date on market: 4/28/2025
    • Cumulative days on market: 44 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    7/18/2025Sold$1,550,000+4.2%$653/sqft
    Source: CRMLS #AR25093309 Report a problem
    6/19/2025Pending sale$1,488,000$627/sqft
    Source: CRMLS #AR25093309 Report a problem
    5/31/2025Listed for sale$1,488,000+60.9%$627/sqft
    Source: CRMLS #AR25093309 Report a problem
    11/24/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    11/3/2022Price change$5,000-7.4%$2/sqft
    Source: Zillow Rental Manager Report a problem
    10/4/2022Price change$5,400-3.6%$2/sqft
    Source: Zillow Rental Manager Report a problem
    9/13/2022Listed for rent$5,600+7.7%$2/sqft
    Source: Zillow Rental Manager Report a problem
    3/1/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/1/2022Listed for rent$5,200+20.9%$2/sqft
    Source: Zillow Rental Manager Report a problem
    2/4/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/21/2021Listed for rent$4,300-4.4%$2/sqft
    Source: Zillow Rental Manager Report a problem
    1/12/2021Listing removed--
    Source: CRMLS Report a problem
    1/9/2021Listed for rent$4,500$2/sqft
    Source: CRMLS #OC21004863 Report a problem
    11/3/2019Listing removed$4,500$2/sqft
    Source: Zillow Rental Manager Report a problem
    8/26/2019Price change$4,500-8.2%$2/sqft
    Source: Zillow Rental Manager Report a problem
    8/15/2019Price change$4,900-7.5%$2/sqft
    Source: Zillow Rental Manager Report a problem
    7/29/2019Price change$5,300+10.4%$2/sqft
    Source: Zillow Rental Manager Report a problem
    7/26/2019Listed for rent$4,800$2/sqft
    Source: Zillow Rental Manager Report a problem
    10/30/2018Sold$925,000-1.6%$389/sqft
    Source: Public Record Report a problem
    8/10/2018Pending sale$939,900$396/sqft
    Source: United Assoc. Brokers Top Rlty #PW18066921 Report a problem
    5/4/2018Price change$939,900-5.9%$396/sqft
    Source: United Assoc. Brokers Top Rlty #PW18066921 Report a problem
    4/18/2018Price change$999,000-4.9%$421/sqft
    Source: United Assoc. Brokers Top Rlty #PW18066921 Report a problem
    3/23/2018Listed for sale$1,050,000+23.5%$442/sqft
    Source: United Assoc. Brokers Top Rlty #PW18066921 Report a problem
    10/9/2015Listing removed$849,999$358/sqft
    Source: Owner Report a problem
    7/11/2015Listed for sale$849,999+1.8%$358/sqft
    Source: Owner Report a problem
    5/10/2015Listing removed$835,000+7.7%$352/sqft
    Source: Owner Report a problem
    1/2/2014Sold$775,000+11.5%$326/sqft
    Source: Public Record Report a problem
    11/26/2012Sold$695,000$293/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,000 +2.2%$1,031,852 +2%
    2024$11,740 +3.2%$1,011,620 +2%
    2023$11,381 +3.1%$991,785 +2%
    2022$11,043 +2.8%$972,339 +2%
    2021$10,742 +1.1%$953,274 +1%
    2020$10,625 $943,500 +2%
    2019$10,625 +2.2%$925,000 +10.8%
    2018$10,401 +12.1%$834,959 +2%
    2017$9,276 $818,588 +2%
    2016$9,276 +2.2%$802,538 +1.5%
    2015$9,075 +14.8%$790,484 +13.2%
    2014$7,902 $698,155 +0.5%
    2013-- $695,000 +57.7%
    2012-- $440,730 +43.2%
    2011-- $307,665 +0.8%
    2010-- $305,366 +1.4%
    2009-- $301,080
    Find assessor info on the county website

    Neighborhood: 92626

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sonora
    • High: Costa Mesa

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,571,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,571,400