215-223 Mesa Dr - Residential LAND FOR SALE


Costa Mesa, CA 92627- East Side Costa Mesa18,652 SF
$4,600,000 USD
949-200-7494
215-223 Mesa Dr, Costa Mesa, CA for Sale
$4,600,000 USD
Residential LAND - FOR SALE
1/6
18,652 SF

215-223 Mesa Dr
Costa Mesa, CA 92627
East Side Costa Mesa


HIGHLIGHTS

  • Conditionally Approved Tentative Parcel Map | Four Detached Homes on Fee Simple Lots
  • Two Contiguous Parcels | ±18,651 SF (0.428 AC), zoned R2-MD
  • Comprehensive Due Diligence Package | Plans, Engineering & Approvals Available
  • Reduced Entitlement Risk & Timeline | Significant Planning Completed
  • Luxury Home Plans | Four Detached 4 Bed / 4.5 Bath Homes (2,572–2,940 SF)
  • Prime Eastside Costa Mesa | Minutes from Newport Beach, Fashion Island & South Coast Plaza

OVERVIEW

Matthews, as the exclusive listing agent, is pleased to present 215 & 223 Mesa Drive, a rare luxury residential development opportunity located in the heart of Eastside Costa Mesa, one of Orange County's most sought-after coastal communities. The offering consists of two contiguous parcels totaling approximately 18,651 square feet with plans for four detached luxury residences situated on four fee simple lots. The project has secured conditional approval of a Vesting Tentative Parcel Map from the City of Costa Mesa, providing a buyer an approved, entitled path forward while locking in the development standards, ordinances, and policies in effect at the time of approval. Upon completion of the subdivision, the site will deliver four detached, two-story luxury residences, each thoughtfully designed as a four bedroom, four-and-a-half-bathroom home ranging from roughly 2,572 to 2,940 square feet of living area. Every residence features contemporary architecture, an open concept floor plan, a private yard, a two-car garage, and generous indoor-outdoor living space. The sale includes a comprehensive Due Diligence Package prepared by an experienced consultant team, including architectural plans, engineering, grading, landscape plans, surveys, subdivision documents, renderings, and supporting entitlement materials. By acquiring a project with an approved vesting tentative parcel map and substantial planning already completed, a buyer can reduce upfront soft costs and entitlement risk and focus on carrying the project through to construction. Located on a quiet, tree-lined street in Eastside Costa Mesa, the property is minutes from Newport Beach, Fashion Island, South Coast Plaza, and John Wayne Airport, with premier dining, shopping, and entertainment all within easy reach. The surrounding neighborhood is anchored by top rated schools and the coastal amenities that continue to drive some of the strongest for sale housing demand in the county. For a builder or developer, few infill sites combine this level of location, product flexibility, and predevelopment progress. With Conditional approved secured, a full design package in hand, and a site plan already reflecting 9.35 units per acre, 215 and 223 Mesa Drive represents a rare chance to acquire a well located, near ready coastal infill project and capture the value of new construction in a supply constrained market. David Harrington Matthews Real Estate Investment Services, Inc 01320460, 02168060 (CA) 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/ACRE

$10,743,447/AC

PRICE/SF

$247 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Conditionally Approved Vesting Map

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development, Single Family Residence

LAND ACRES

0.43 AC

LAND SF

18,651 SF

OFFSITE IMPROVEMENTS

-

ZONING

R2-MD

APN/PARCEL ID

439-213-24,439-213-25

ASK ABOUT THIS PROPERTY

Kyle MirrafatiMatthews Real Estate Investment ServicesMore Info
949-200-7494

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Kyle MirrafatiMatthews Real Estate Investment ServicesMore Info
949-200-7494

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.