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Color transfer is an image editing process that naturally transfers the color theme of a source image to a target image. In this paper, we propose a 3D color homography model which approximates photo-realistic color transfer algorithm as a combination of a 3D perspective transform and a mean intensity mapping. A key advantage of our approach is that the re-coded color transfer algorithm is simple and accurate. Our evaluation demonstrates that our 3D color homography model delivers leading color transfer re-coding performance. In addition, we also show that our 3D color homography model can be applied to color transfer artifact fixing, complex color transfer acceleration, and color-robust image stitching.