223 Mesa Drive
Costa Mesa, CA, 92627 $ 2,300,000
Bedrooms3 Baths2.0 Sq 1,968 Monthly Estimate*
$ 14,522
Listed by Matthews Real Estate Investment Services
for $2,300,000 with 3 bedrooms and 2 full baths. This 1,968 square foot home was built in 1948 on a lot size of 0.22.
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.
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FeaturesGeneralLiving Area 1968
Heating Wall Furnace
Cooling None
Year Built 1948
Stories Count 1
Levels One
Gross Income 0
County Orange
Net Operating Income 0
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions See Google Maps
City Costa Mesa
Senior Community Y/N false
Number Of Units Total 2
MLS Area C5 - East Costa Mesa
Lot Size Units Square Feet
Lot Size Square Feet 9583
Standard Status Active
Year Built Source Assessor
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InteriorTotal Stories 1
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 3
Total Baths 2
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ExteriorParking Features Door-Multi Garage
Total Parking 0
Lot Size Area 9583
Number of Buildings 2
Building Area Total 1968
Lot Dimensions 60x160
Lot Size Acres 0.22
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* Excluded FeaturesList ByMatthews Real Estate Investment ServicesBroker
kyle.mirrafati@matthews.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $14,522
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Costa Mesa, CA
Average List Price $3,144,382
Percent of Sale Price 37%
About Costa Mesa, CA 114,059 Population
4% Since 2002
$ 74,468 Median Income
36.81 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/10/2026 | $2,300,000 | | Listed Price |