172 Villa Point Drive, Newport Beach, California 92660, Newport Beach, 92660 - 2 bed, 2 bath
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172 Villa Point Drive
Newport Beach, California 92660
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,255Sq Ft
0Lot Size
Property Price
LIST PRICE$1,450,000
EST. MARKET VALUE
$1,395,030
3% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $1,549,000—positioned above the $1,459,850 Fair Market Value. While currently priced for the premium Newport Beach market, the property features a Mint Condition Rating following a comprehensive high-end renovation. Residents enjoy a resort-style lifestyle with a private patio, pool, and spa access in the prestigious Villa Point community. With its single-level accessibility and modern kitchen upgrades, this residence is an ideal sanctuary for discerning professionals or owner-occupants seeking a move-in-ready coastal home.
Estimated Market Value
$1,395,030
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 172 Villa Point Drive Subject | $1,450,000* List Price | 2 | 2 | 1,255 | $1,112 | - |
A 320 Villa Point Sold | $1,690,000 | 2 | 2 | 1,340 | $1,261 | 0.2 mi |
B 200 Villa Point Sold | $1,600,000 | 2 | 2 | 1,190 | $1,345 | 0.2 mi |
C 232 Villa Point Drive Sold | $1,045,000 | 1 | 1 | 851 | $1,228 | 0.1 mi |
D 366 Villa Point Active | $1,390,000 List Price | 2 | 2 | 1,255 | $1,108 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1991, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen is fully modernized with new quartz countertops, a matching slab backsplash, and premium stainless steel appliances. The interior features new wide-plank flooring, updated lighting, and fresh paint throughout, meeting the criteria for mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the prestigious Villa Point community, the property offers immediate access to Fashion Island, Balboa Island, and the Upper Newport Bay nature preserve, ensuring a high-demand lifestyle.
- Modern Interior Upgrades
The condo features high-end finishes including new countertops, custom lighting, and premium appliances, providing a turnkey, move-in-ready experience for discerning buyers.
- Single-Level Accessibility
As a ground-floor, single-level unit, this home offers exceptional convenience and long-term accessibility, which is a highly sought-after feature in the Newport Beach condominium market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1255, other record living area = 1190.
- Extended Market Time
With 125 days on the market and multiple price adjustments, the property may face buyer hesitation or perception issues regarding its initial valuation.
- Limited Parking
The inclusion of only a single-car detached garage for a two-bedroom unit at this price point may be a constraint for multi-vehicle households or those requiring extra storage.
About 172 Villa Point Drive
Ground floor Single-level living in this well appointed 2 bedroom condo nestled within Newport Beach's Villa Point community. Enjoy the convenience of a prime location, just minutes from Balboa Island, Fashion Island, and Corona del Mar, as well as access to the Upper Newport Bay nature preserve. Villa Point offers resort-style amenities, including heated pools, hot tubs, fitness centers, and outdoor grilling areas. Inside, the kitchen has new countertops, custom lighting, and high-end appliances, new flooring, while a private patio overlooks lush tropical landscaping and pool. This condo is flooded with natural light and features a home office, plantation shutters, ample storage, air conditioning, and a single-car detached garage, ensuring an exceptional living experience in one of Newport Beach's most sought-after communities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $660.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,255 | 1,509.941 |
| Lot Size | - | 43,037.647 |
| Price | $1.45M | $1.35M |
| Price per sq ft | $1.2K | $956 |
| Built year | 1991 | 1980 |
| HOA | $660.0 | $664 |
| Days on market | 165 | 64 |
Pricing History
Listed for Sale
Aug 4, 2026
$1,450,000
$1,549,000
-6% Price Drop
Initial Listing
Price Change
May 16, 2026
$1,549,000
$1,599,000
-3% Price Drop
Initial Listing
Price Change
Mar 29, 2026
$1,599,000
Initial Listing
Price Change
Mar 28, 2026
$1,500,000
Initial Listing
Sold
Feb 9, 2017
$746,000
Public Record
Sold
Jan 10, 2005
$685,000
Public Record
Sold
May 30, 1997
$245,000
Public Record