
Newport Beach, California 92660
This Turnkey Coastal Condo is a Strong Value Opportunity, listed at $849,000—positioned well below the $853,407 Fair Market Value by 0.52%. This valuation gap offers $4,407 in Instant Equity. Featuring a Condition Rating of 2, the unit boasts a remodeled kitchen, wide-plank flooring, and a balcony with city light views. Located in the Newport Mesa Unified district near top-rated schools, this property is an ideal sanctuary for first-time buyers or coastal lifestyle seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1228 Rutland 6 Subject | $849,000* List Price | 2 | 2 | 1,052 | $811 | - |
A 1228 Rutland Rd 5 Sold | $810,000 | 2 | 2 | 1,077 | $752 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1961 build date, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen and both bathrooms are fully remodeled with modern cabinetry, stone countertops, and stainless steel appliances, complemented by new wide-plank flooring throughout.
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated in a highly sought-after Newport Beach pocket, the property offers exceptional proximity to 17th Street shopping, Westcliff Plaza, and local beaches, ensuring high lifestyle appeal and rental demand.
The unit features a comprehensive remodel including wide-plank flooring, stone countertops, and updated bathrooms, providing a move-in-ready experience with contemporary aesthetic appeal.
Originally constructed in 1961, the complex may lack the modern infrastructure and amenities of newer developments, potentially leading to higher long-term maintenance considerations.
At 1,052 square feet for a two-bedroom, two-bathroom residence, the interior footprint is relatively modest, which may feel restrictive for buyers prioritizing spaciousness.
This beautifully updated upper-level end-unit condo presents an exceptional opportunity to own in one of Orange County's most desirable coastal communities. Ideally located within Newport Garden Villas, you're just minutes from 17th Street, Westcliff Plaza, Back Bay trails, world-class beaches, and some of Newport Beach's best shopping, dining, and coffee spots. The open-concept layout is filled with natural light and features two bedrooms, two full bathrooms, and a spacious living area centered around a cozy fireplace. Beautifully remodeled throughout, the home showcases wide-plank flooring, contemporary finishes, a remodeled kitchen with stone countertops, stainless steel appliances, modern cabinetry, and a breakfast nook that flows seamlessly into the main living space. Both bathrooms have also been tastefully remodeled, while the spacious balcony overlooking the community pool and city lights provides the perfect place to enjoy your morning coffee or unwind at the end of the day. Whether you're buying your first home, searching for a low-maintenance coastal retreat, or adding a well-located property to your investment portfolio, this condo offers exceptional versatility and long-term value. Opportunities to own in Newport Beach at this price point are increasingly rare, making this a property you won't want to miss.
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 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,052 | 1,320 |
| Lot Size | 53,426 | 27,766 |
| Price | $849.0K | $1.56M |
| Price per sq ft | $807 | $1.0K |
| Built year | 1961 | 1977 |
| HOA | $450.0 | $720 |
| Days on market | 8 | 61 |
Jul 14, 2026
$849,000
Initial Listing
Feb 28, 2025
$815,000
Public Record
May 16, 2013
$367,500
Public Record
Feb 6, 2004
$360,000
Public Record
Jul 18, 2000
$185,000
Public Record
Nov 7, 1997
$120,000
Public Record