
Newport Beach, California 92663
This Modernized Penthouse Studio is listed at $560,000, representing a stable and fair entry point at its $560,000 Fair Market Value. Boasting a Condition Rating of 2, the interior features a complete high-end remodel with quartz countertops, shaker cabinets, and luxury vinyl plank flooring, ensuring a turnkey transition. Residents benefit from a top-floor penthouse position, a private balcony with courtyard views, and a dedicated parking space with a 220V EV charger. Located in the Newport Mesa Unified School District near Lido Village, this home combines coastal convenience with resort-style amenities. It is an ideal match for first-time buyers or second-home seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Scholz Plaza Ph19 Subject | $549,000* List Price | 1 | 1 | 496 | $1,107 | - |
A 300 Cagney 215 Active | $559,000 List Price | 1 | 1 | 465 | $1,202 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1971 build year, the listing explicitly states the condo is 'completely remodeled' with modern features such as quartz countertops, shaker cabinets, custom tile backsplash, luxury vinyl plank flooring, and a remodeled bathroom with recessed lighting. The images confirm a fresh, contemporary aesthetic throughout the unit, including the kitchen and bathroom, indicating a very recent and extensive renovation. All components appear new or virtually new, meeting current quality standards.
Situated in highly desirable Newport Beach, the property offers a short half-mile walk/bike ride to the beach and easy access to Lido Village, Newport Pier, and the Boardwalk.
The unit boasts a complete, high-quality remodel featuring quartz countertops, shaker cabinets, luxury vinyl plank flooring, a custom tile backsplash, and a modern bathroom.
As a top-floor penthouse unit, it ensures no overhead neighbors, and its interior community location provides a peaceful environment free from street noise.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 496, other record living area = 726.
Despite the alcove, it remains a studio unit with only 496 sqft, which may limit its appeal to buyers seeking more expansive living areas or multiple rooms.
The association fee of $574.00 per month is substantial for a studio unit, impacting overall affordability and monthly carrying costs.
HUGE PRICE IMPROVEMENT!! Beautifully redesigned studio unit at Versailles in Newport Beach. This bedroom setup is a studio, with an alcove area for the bedroom. Feels more like a junior 1-bedroom with some distance and separation between the living area and the bedroom. Perfect for one or two people to enjoy, or as a second home for a beach getaway in Newport Beach. This PENTHOUSE condo is on the top floor with no one above. The INTERIOR LOCATION is one of the best locations in the entire community, with no street noise from any of the surrounding streets. Completely remodeled condo with quartz countertops, shaker cabinets, custom tile backsplash, luxury vinyl plank flooring, remodeled bathroom, recessed lighting, and a ceiling fan above the bedroom area. Two full closet spaces with ample storage. This entire home feels light, bright, and open. From the balcony, you will love the views of the courtyard with a fountain, grass, and trees. Enjoy the convenience of the assigned parking space in the underground gated parking garage (space #11). ***HUGE BONUS: There is a 220V electric vehicle charger at the assigned parking space that will be included with the sale! Additional guest parking can be found on the ground level directly in front of the condo. Enjoy the amenities that the Versailles community has to offer: gated community, brand new pool & spa, clubhouse, gym, BBQ, tennis, and a short half-mile walk or bike ride to the beach. Feel secure with the private and locked entry doors into the main building. Walk to Lido Village, Newport Pier, and the world-famous Newport Beach Boardwalk! Just like they always say: Location, location, location!
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 19% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 496 | 1,295 | 5% |
| Lot Size | - | 3,127 | 27% |
| Price | $549.0K | $1.66M | 3% |
| Price per sq ft | $1.1K | $1.2K | 49% |
| Built year | 1971 | 1979 | 24% |
| HOA | $574.0 | $559 | 51% |
| Days on market | 103 | 179 | 30% |
Mar 28, 2026
$549,000
$560,000
-2% Price Drop
Initial Listing
Mar 16, 2026
$560,000
$585,000
-4% Price Drop
Initial Listing
Feb 28, 2026
$585,000
$619,000
-5% Price Drop
Initial Listing
Jan 9, 2026
$619,000
Initial Listing
Mar 25, 1988
$125,000
Public Record
Mar 2, 1988
$190,000
Public Record