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  • 223 Mesa Drive

223 Mesa Drive, Costa Mesa, CA 92627

$2,300,000 Approx. USD 3 beds, 2 baths
1,968 sqft

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The Keaty Team REALTORĀ® - Sales Associate 714-608-3298 m
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Lic#: 01276603
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Kamfar Kyle Mirrafati | kyle.mirrafati@matthews.com
Lic#: 01911204
Broker: Courtesy of Matthews Real Estate Investment Services
Phone: 949-200-7494

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26870677
Price: $2,300,000
Beds: 3
Baths: 2
Built in 1948
1,968 sqft
1 story
0.22 acres
Lot size: 0.2200
County: Orange
Parking description: Door-Multi,Garage
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C5 - East Costa Mesa

Last Updated: 8/11/2026

 Days On Market (DOM): 7

 Find more Costa Mesa homes and real estate

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This listing belongs to the C5 - East Costa Mesa MLS area

Lat/Long: 33.662563, -117.890433.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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