
Newport Beach, California 92663
This Turnkey Coastal Condo is a Strong Value Opportunity, listed at $978,000—positioned well below the $1,020,064 Fair Market Value by 4%. This valuation gap offers $42,064 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with high-end renovations, the unit includes luxury vinyl flooring, updated kitchen/baths, and resort-style amenities like a pool and spa. Located near top-rated schools and the coast, this is an ideal acquisition for Owner-Occupants or first-time buyers seeking a premium, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 Mcneil Lane 210 Subject 2 bd · 2 ba · 1,120 sqft · $911 | $978,000* List Price | 2 | 2 | 1,120 | $911 | - |
A 102 Scholz Plaza 34 Sold 2 bd · 2 ba · 1,155 sqft · $848 · 0.0 mi | $979,000 | 2 | 2 | 1,155 | $848 | 0.0 mi |
B 102 Scholz Plaza 149 Sold 2 bd · 2 ba · 961 sqft · $832 · 0.0 mi | $800,000 | 2 | 2 | 961 | $832 | 0.0 mi |
C 280 Cagney Lane 211 Sold 1 bd · 1 ba · 915 sqft · $1,115 · 0.2 mi | $1,020,000 | 1 | 1 | 915 | $1,115 | 0.2 mi |
D 307 Columbia Sold 2 bd · 2 ba · 1,170 sqft · $1,068 · 0.4 mi | $1,250,000 | 2 | 2 | 1,170 | $1,068 | 0.4 mi |
E 24 Seascape Sold 2 bd · 3 ba · 1,189 sqft · $816 · 0.1 mi | $970,000 | 2 | 3 | 1,189 | $816 | 0.1 mi |
F 200 Paris Lane 304 Sold 1 bd · 1 ba · 975 sqft · $867 · 0.2 mi | $845,000 | 1 | 1 | 975 | $867 | 0.2 mi |
G 240 Nice Lane 114 Sold 1 bd · 1 ba · 915 sqft · $923 · 0.1 mi | $845,000 | 1 | 1 | 915 | $923 | 0.1 mi |
H 950 Cagney Lane 201 Sold 2 bd · 2 ba · 1,297 sqft · $810 · 0.1 mi | $1,050,000 | 2 | 2 | 1,297 | $810 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1971, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen features modern white shaker cabinetry and stainless steel appliances, bathrooms are fully updated with contemporary tile and glass enclosures, and the unit includes new luxury vinyl flooring, recessed lighting, and dual-pane windows.
The unit features high-end finishes including luxury vinyl flooring, dual-pane windows, and fully updated kitchen and bathrooms, offering a turnkey living experience.
Ideally situated near Lido Marina Village and Hoag Hospital, the property includes rare side-by-side parking and elevator access for maximum accessibility.
Residents benefit from a gated community with a pool, hot tub, and fitness centers, with HOA dues conveniently covering water, gas, and trash services.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =258727, other record lot size in square feet = 500126.
Originally built in 1971, the structure may lack the modern soundproofing or contemporary architectural efficiencies found in newer luxury developments.
The comprehensive no-smoking and no-vaping policy throughout the entire community may be perceived as overly restrictive for certain lifestyles or guests.
Enjoy the coastal lifestyle in this updated 2-bedroom, 2-bathroom condo in the gated Versailles community. 1,120 square feet, this single-level residence is designed for comfort and convenience. On the second floor, this unit faces the quiet interior of the community and enjoys the natural light from south facing windows. Upgraded features throughout the home include luxury vinyl flooring, dual-pane windows, recessed lighting, updated kitchen and bathrooms. The bedrooms are large and ideally located for privacy. Enjoy the ease of elevator access from the gated garage, where you'll find two assigned side-by-side parking spaces and private storage. This gated resort-style community includes a huge pool, hot tub, clubhouse with BBQ grills, two workout rooms, and clubhouse with kitchen. The entire community is no-smoking/no-vaping. #210 has its own washer/dryer combo unit next to the hallway bathroom and is included; community laundry room is also available in the building. Water, gas, and trash service are included in the HOA dues. So conveniently located to Hoag Hospital and mere moments away from Lido Marina Village, Newport Beach Pier, Balboa Peninsula, Fashion Island and so many great dining, shopping, and service options. Enjoy coastal living in an exceptional location.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,120 | 1,401.898 |
| Lot Size | 258,727 | 80,383.163 |
| Price | $978.0K | $1.31M |
| Price per sq ft | $873 | $954 |
| Built year | 1971 | 1981 |
| HOA | $604.0 | $663 |
| Days on market | 34 | 79 |
Sep 21, 2026
$978,000
Initial Listing
Apr 12, 2023
$799,000
Public Record