Listing Agent: Kamfar Kyle Mirrafati      Broker/Office: Matthews Real Estate Investment Services
215 Mesa Drive Costa Mesa CA 92627
$ 2,300,000
  2   |    1   |    818 Sq Feet

Listing ID

#26870661

Status

Active

Property Type

Single Family Residence

Property Style

See Remarks

County

Orange

Year Built

1948

Days on website

3

Description
215 Mesa Drive, offered together with the adjacent 223 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 (223 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.
Location
Financial Information
List Price:  $ 2300000
Property Features
Furnished:  Unfurnished
Levels:  One
Parking Features:  Garage
Senior Community YN:  false
Senior Community YN:  false
MLS Area Major:  C5 - East Costa Mesa
City:  Costa Mesa
Listed By:   Kamfar Kyle Mirrafati   Matthews Real Estate Investment Services 
CA Lic#