
Newport Beach, California 92660
This Turnkey Newport Beach Condominium is a Strong Value Opportunity, listed at $870,000—positioned well below the $942,546 Fair Market Value by 7%. This valuation gap offers $72,546 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the unit includes modern renovations, an in-unit washer/dryer, and dual private patios. Located in the Newport Mesa Unified district near top-rated schools like Mariners Elementary, this residence is an ideal choice for first-time buyers or owner-occupants seeking a polished, coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1200 Rutland Road 1 Subject 2 bd · 2 ba · 1,086 sqft · $868 | $870,000* List Price | 2 | 2 | 1,086 | $868 | - |
A 1228 Rutland Rd 5 Sold 2 bd · 2 ba · 1,077 sqft · $752 · 0.0 mi | $810,000 | 2 | 2 | 1,077 | $752 | 0.0 mi |
B 1228 Rutland 6 Active 2 bd · 2 ba · 1,052 sqft · $807 · 0.0 mi | $849,000 List Price | 2 | 2 | 1,052 | $807 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1961, the property has undergone a comprehensive recent renovation (likely <5 years) featuring newly remodeled bathrooms with modern fluted vanities and LED mirrors, a refreshed kitchen with stainless steel appliances and gold hardware, and new vinyl plank flooring throughout. The unit is in mint, move-in-ready condition with no visible maintenance needs.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The unit features extensive recent renovations including remodeled bathrooms and newer vinyl flooring, plus the rare convenience of an in-unit washer and dryer for this community.
Situated minutes from 17th Street shops, dining, and Castaways Park, the property offers excellent lifestyle appeal and proximity to top-rated schools like Mariners Elementary.
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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1086, other record living area = 1052.
The property lacks any significant views, which is a common expectation for premium real estate in the Newport Beach coastal market.
Originally constructed in 1961, the property may be subject to limitations or maintenance requirements associated with older community infrastructure despite the unit's interior updates.
Welcome to 1200 Rutland Rd, Unit 1 - a beautifully refreshed Newport Beach residence offering the perfect blend of comfort, style, and coastal living. Located in the Newport Garden Villas, this 2-bedroom, 2-bathroom ground-level end unit offers 1,086 square feet of thoughtfully updated living space, along with the privacy and convenience of both a front and rear patio. Inside, the home welcomes you with a light-filled open floor plan featuring multiple sliding glass doors and a cozy fireplace that creates an inviting focal point for the living area. A stylish bar nook with a wine fridge adds an elevated touch and makes hosting friends and family especially enjoyable. The home has been thoughtfully renovated including fresh paint, newly remodeled bathrooms, newer vinyl flooring, newer closet doors, a newer privacy vinyl fence and gate, and the addition of an in-unit washer and dryer — a rare and highly desirable convenience for the community. The outdoor spaces add another dimension to the home, with both front and rear patios providing room to enjoy Newport Beach's exceptional year-round climate. The landscaped front patio, accented by greenery, creates a welcoming sense of privacy and charm from the moment you arrive. Located just minutes from the restaurants, cafés, and shops of 17th Street, Castaways Park, and convenient access to Pacific Coast Highway, this home puts you close to the best of Newport Beach while offering a comfortable place to call home. Whether you're purchasing your first home, looking for a smart investment, or simply ready to own a beautifully updated property in Newport Beach, this residence offers an exceptional opportunity to enjoy the coastal lifestyle.
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 | 1,086 | 1,401.898 |
| Lot Size | 53,426 | 80,383.163 |
| Price | $870.0K | $1.31M |
| Price per sq ft | $801 | $954 |
| Built year | 1961 | 1981 |
| HOA | $450.0 | $663 |
| Days on market | 20 | 79 |
Oct 5, 2026
$870,000
Initial Listing
Jan 26, 2022
$702,500
Public Record
May 11, 1994
$29,500
Public Record