
Newport Beach, California 92660
This Turnkey Condominium is a Strong Value Opportunity, listed at $845,000—positioned well below the $855,099 Fair Market Value by 1%. This valuation gap offers $10,099 in Instant Equity. Featuring a Condition Rating of 3, the unit includes modern white shaker cabinets and LVP flooring. Located in the Newport Mesa Unified district with access to Top-Rated Schools like Mariners Elementary, this residence offers a prime coastal lifestyle. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1184 Rutland Rd Subject 2 bd · 2 ba · 1,068 sqft · $801 | $845,000* List Price | 2 | 2 | 1,068 | $801 | - |
A 1706 Westcliff Sold 2 bd · 1 ba · 929 sqft · $818 · 0.2 mi | $760,000 | 2 | 1 | 929 | $818 | 0.2 mi |
B 1228 Rutland Rd 5 Sold 2 bd · 2 ba · 1,077 sqft · $752 | $810,000 | 2 | 2 | 1,077 | $752 | - |
C 1200 Rutland Road 1 Active Under Contract 2 bd · 2 ba · 1,086 sqft · $801 · 0.0 mi | $870,000 List Price | 2 | 2 | 1,086 | $801 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1963, the interior shows a significant renovation likely completed within the last 5-15 years. The kitchen features modern white shaker cabinets, stone countertops, and updated LVP flooring. The unit appears well-maintained and move-in ready, though the building exterior and some appliances (refrigerator) reflect the property's older age.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated in the desirable Newport Heights area, this property offers exceptional walkability to the vibrant 17th Street corridor's upscale dining, shopping, and boutiques.
As a ground-level, single-story condo with both front and rear patios, the unit provides rare ease of access and desirable indoor-outdoor flow within a tranquil community.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =53426, other record lot size in square feet = 60080.
Originally built in 1963, the property may require modern updates to its systems or interior finishes to meet contemporary luxury standards expected in Newport Beach.
With 60 days on the market and a recent price reduction, the listing indicates a potential misalignment between the initial asking price and current buyer demand.
Welcome to 1184 Rutland Rd, Unit 3, Newport Beach. This charming ground level, single story condo features 2 bedrooms and 2 bathrooms, walking distance to great restaurants, markets, boutiques and vibrance of 17th St!. The inviting residence presents a well-designed floorplan within a tranquil community, just steps away from the pool for relaxing and entertaining. Bright and airy, you will look forward to coming home and enjoying the front and back patio, spacious family area, dining space and kitchen. This great location, offers outstanding schools and an opportunity as an investment or just to enjoy the California coastal lifestyle this community has to offer.
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades PK-2 • 0.8 mi
Grades 3-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,068 | 1,401.898 |
| Lot Size | 53,426 | 80,383.163 |
| Price | $845.0K | $1.31M |
| Price per sq ft | $791 | $954 |
| Built year | 1963 | 1981 |
| HOA | $475.0 | $663 |
| Days on market | 66 | 79 |
Aug 29, 2026
$845,000
$885,000
-5% Price Drop
Initial Listing
Aug 20, 2026
$885,000
Initial Listing
Apr 11, 2002
$243,000
Public Record
Nov 30, 2000
$193,000
Public Record