
Newport Beach, California 92660
This Single-Level Condominium represents a Strong Value Opportunity, listed at $2,995,000—positioned well below the $2,992,331 Fair Market Value (effectively at market). With a Condition Rating of 4, the residence features recent cosmetic updates while offering potential for further modernization. Standout features include an Expansive Private Backyard with Back Bay views and rare 8-car parking capacity. Located in the guard-gated Sea Island community, this property is an ideal acquisition for Owner-Occupants seeking a sophisticated lifestyle or Discerning Buyers prioritizing privacy and accessibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 Ocean Vista Subject | $2,995,000* List Price | 3 | 4 | 2,521 | $1,187 | - |
A 23 Ocean Vista Sold | $2,360,000 | 2 | 3 | 2,272 | $1,039 | 0.2 mi |
B 1061 Granville Sold | $2,800,000 | 2 | 2 | 2,159 | $1,297 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the property has received recent cosmetic updates including new paint and luxury vinyl flooring. However, the kitchen and bathrooms remain dated with older cabinetry and tile countertops, placing the primary systems and wet areas in the >20-year age bracket despite being well-maintained.
This ground-floor residence features a completely flat layout with no interior or exterior stairs, a highly sought-after and rare configuration that enhances long-term utility and accessibility.
Situated on one of the largest lots in Sea Island, the property offers an exceptionally large backyard with Back Bay views and mature gardens, providing a level of privacy and outdoor scale rarely found in condominium living.
The home includes a two-car garage plus an expansive driveway accommodating up to six additional vehicles, offering a total of eight parking spaces which is extraordinary for a high-end gated community.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =119838, other record lot size in square feet = 193648.
The association fee is $1,180 per month, which represents a significant recurring expense that may impact the value proposition for budget-conscious buyers.
Despite recent cosmetic updates like paint and flooring, the 1987 construction and original cabinetry layout may require further capital investment to achieve a fully modernized luxury aesthetic.
Welcome to 108 Ocean Vista, a coveted ground-level, single-story residence located within the exclusive guard-gated community of Sea Island in the heart of Newport Beach. Offering a spacious and functional floor plan, this 3-bedroom, 3.5-bathroom home has been freshly updated with new interior paint, carpet, and blonde luxury vinyl wood flooring throughout. The generous living room features a fireplace and opens directly to the expansive private backyard, creating an inviting connection between the indoor and outdoor living spaces. A dedicated dining area provides an elevated space for entertaining, while the kitchen offers abundant cabinetry, a casual dining area, and views of the surrounding landscaping and Newport’s Back Bay. The spacious primary suite enjoys direct access to the backyard and includes a fireplace, a large en-suite bathroom and a generous walk-in closet with ample built-in storage. Two additional bedrooms are both en-suite, providing privacy and flexibility for family, guests, or home office. A standout feature of the property is the exceptionally large and private backyard, situated on one of the largest lots within the Sea Island community. Surrounded by mature landscaping and showcasing beautiful Back Bay views, the expansive outdoor setting offers multiple areas for outdoor dining, entertaining, and relaxing, along with a rose garden and fruit tree garden. The combination of space, privacy, and views creates an outdoor environment rarely found in condominium living. Also rare within Sea Island is the single-level, ground-floor layout, with no interior stairs or exterior steps. Additional conveniences include a two-car garage with epoxy flooring and an expansive driveway with parking for up to six additional vehicles. The property is also ideally situated directly adjacent to one of the community pools, offering convenient access to the amenities while maintaining an exceptionally private setting. Sea Island residents enjoy 24-hour guard-gated security, beautifully maintained grounds, two community pools and spas, tennis courts, and a clubhouse. Ideally positioned near Fashion Island, Newport Beach Country Club, Upper Newport Bay, Balboa Island, Corona del Mar, and some of the most beautiful beaches on the coast, 108 Ocean Vista presents an exceptional opportunity to enjoy a spacious and sophisticated single-level residence with an expansive private outdoor setting in one of Newport Beach’s most conveniently located gated communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.1 |
| Baths | 4.0 | 2.5 |
| Square foot | 2,521 | 1,509.941 |
| Lot Size | 119,838 | 43,037.647 |
| Price | $3.00M | $1.35M |
| Price per sq ft | $1.2K | $956 |
| Built year | 1987 | 1980 |
| HOA | $1180.0 | $664 |
| Days on market | 6 | 64 |
Sep 3, 2026
$2,995,000
Initial Listing