$2,300,000
 $12,347 est/mo Sourced by Back At You

223 Mesa Drive,Costa Mesa, CA 92627

Costa Mesa, CA 92627

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Description

223 Mesa Drive, offered together with the adjacent 215 Mesa Drive, is a rare luxury residential development opportunity in the heart of Eastside Costa Mesa, one of Orange County's most sought-after coastal communities. The project has secured conditional approval of a Vesting Tentative Parcel Map from the City of Costa Mesa for four detached homes on individually owned fee simple lots, delivering an approved development path forward. Together the two contiguous parcels total approximately 18,651 square feet (0.428 acres), zoned R2-MD. Upon completion, the site delivers four detached, two-story residences, each designed as a four-bedroom, four-and-a-half-bath home ranging from approximately 2,572 to 2,940 square feet, with contemporary architecture, open concept floor plans, private yards, and two-car garages. The sale includes a comprehensive Due Diligence Package with architectural plans, engineering, grading, landscape plans, surveys, subdivision documents, renderings, and entitlement materials, allowing a buyer to reduce upfront soft costs and entitlement risk and focus on carrying the project through to construction. Set on a quiet, tree-lined street minutes from Newport Beach, Fashion Island, South Coast Plaza, and John Wayne Airport, the property sits within a neighborhood anchored by top-rated schools and premier coastal amenities. With conditional approval secured, a full design package in hand, and a site plan reflecting 9.35 units per acre, this is a rare chance to acquire a well-located, near-ready coastal infill project in a supply-constrained market. This parcel is listed at $2,300,000 and must be sold together with the adjacent parcel (215 Mesa Drive) as a single transaction, for a combined purchase price of $4,600,000. The two parcels are offered concurrently and cannot be sold separately.

Details

MLS #26870677
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1948
Days On Site32
Listing Provided ByMatthews Real Estate Investment Services | Kamfar Kyle Mirrafati

Features

Bed(s)3
Bath(s)2
SQ Feet1,968
Story(s)1
Units2
Building(s)2
Acreage0.22

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo

Parking

Parking FeaturesDoor Multi, Garage

Area Information

StateCA
CountyOrange
CityCosta Mesa
Zip Code92627
AreaC5 East Costa Mesa
Listing VS Median (in 92627)
Price:
$2,300,000
low | high
Med:
$1,349,000
91.347826086957% of Average
sqft:
1,968
low | high
Med:
1,680
64.634146341463% of Average
$ / sqft:
$1,169
low | high
Med:
$803
81.293167701863% of Average
On site:
32
low | high
Med:
178
17.977528089888% of Average
Sourced by Back At You

Market Activity 92627

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Learn More About This Property

StateCA
CountyOrange
CityCosta Mesa
Zip Code92627
AreaC5 East Costa Mesa
Listing VS Median (in 92627)
Price:
$2,300,000
low | high
Med:
$1,349,000
91.347826086957% of Average
sqft:
1,968
low | high
Med:
1,680
64.634146341463% of Average
$ / sqft:
$1,169
low | high
Med:
$803
81.293167701863% of Average
On site:
32
low | high
Med:
178
17.977528089888% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.725M - $2.875M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
2687 Orange B Property Photo 1
$1,169,000
2687 Orange B
Costa Mesa, CA 92627
2687 Orange C Property Photo 1
$1,295,000
2687 Orange C
Costa Mesa, CA 92627
Listing Updated: August 21, 2026 at 9:56:34 PM PDT