223 Mesa Drive Costa Mesa, CA $ 2,300,000
223 Mesa Drive
$ 2,300,000
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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
223 Mesa Drive, Costa Mesa, CA 92627 - Image 1
223 Mesa Drive, Costa Mesa, CA 92627 - Image 2
223 Mesa Drive, Costa Mesa, CA 92627 - Image 3
223 Mesa Drive, Costa Mesa, CA 92627 - Image 4
223 Mesa Drive, Costa Mesa, CA 92627 - Image 5

Multi-Family Home for sale in Costa Mesa, CA

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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Multi-Family Active

Price

$ 2,300,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.22

Year Built

1948

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

26870677

Days on Market

5

Features
General
Living 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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Interior
Total 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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Exterior
Parking 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 Features
List By
Matthews Real Estate Investment Services

Broker

kyle.mirrafati@matthews.com

Email

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$14,522
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Monthly Principal & Interest
$14,522
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/10/2026$2,300,000 Listed Price

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223 Mesa Drive, Costa Mesa, CA, 92627 is a Multi-Family Home for sale at $2,300,000 with 1,968 sqft and a lot size of 0.22. 223 Mesa Drive has 3 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 92627 which is in Costa Mesa, CA