Preparing macroscopic mechanical resonators close to their motional quantum groundstate and generating entanglement with light offers great opportunities in studying fundamental physics and in developing a new generation of quantum applications. Here we propose an experimentally interesting scheme, which is particularly well suited for systems in the sideband-unresolved regime, based on coherent feedback with linear, passive optical components to achieve groundstate cooling and photon-phonon entanglement generation with optomechanical devices. We find that, by introducing an additional passive element – either a narrow linewidth cavity or a mirror with a delay line – an optomechanical system in the deeply sideband-unresolved regime will exhibit dynamics similar to one that is sideband-resolved. With this new approach, the experimental realization of groundstate cooling and optomechanical entanglement is well within reach of current integrated state-of-the-art high-Q mechanical resonators.