
Newport Beach, California 92663
This Modern Coastal Condominium is a Strong Value Opportunity, listed at $536,400—positioned well below the $588,800 Fair Market Value by 8%. This valuation gap offers $52,400 in Instant Equity for incoming buyers. The unit maintains a Move-in Ready Condition Rating with an updated kitchen and hard-surface flooring, complemented by a private patio and resort-style amenities including a pool and spa. Located in the prestigious Newport Mesa Unified district, this FHA/VA-approved home is a premier choice for first-time buyers or coastal investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 Mcneil Lane Subject | $536,400* List Price | 1 | 1 | 561 | $1,050 | - |
A 500 Cagney Lane 103 Sold | $550,000 | 1 | 1 | 465 | $1,183 | 0.1 mi |
B 300 Cagney 215 Active | $559,000 List Price | 1 | 1 | 465 | $1,202 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant interior updates that contrast with its 1971 build date. The kitchen is equipped with modern stainless steel appliances and updated cabinetry, while the living areas feature contemporary hard-surface flooring. The unit appears well-maintained with minimal wear and tear, fitting the criteria for a property that has been renovated within the last 5 to 15 years.
Situated just a half-mile from the beach and Newport Pier, this property offers an exceptional lifestyle with immediate access to the sand, local shops, and dining.
The gated Versailles community provides high-end amenities including a pool, spa, clubhouse, fitness centers, saunas, and secure subterranean parking, offering a luxury living experience.
Being both FHA and VA approved, this condo presents a rare and accessible opportunity for first-time buyers and veterans to enter the prestigious Newport Beach market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 561, other record living area = 465.
At only 561 square feet, the living space is quite compact, which may be a constraint for buyers requiring more room or significant storage.
Despite its proximity to the ocean, the unit is listed as having no view, which may impact its competitive edge compared to other coastal properties in the area.
Welcome to gated coastal living in the heart of Newport Beach, one-half mile off the sand. Spacious single-level, 1-bed, 1-bath in prestigious Versailles community. Functional open layout, generous room size, and abundant natural light. Private patio from living area, offering a peaceful spot to enjoy ocean air. Building equipped with elevator for convenience. Enjoy resort-style amenities: pool, spa, clubhouse, fitness centers, saunas, and BBQ area. Includes large assigned secure subterranean parking space and secure building access. Located moments from the pier, beach, shops, and restaurants. This home offers the best of Newport living. FHA & VA APPROVED!!!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 19% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 561 | 1,295 | 5% |
| Lot Size | - | 3,127 | 27% |
| Price | $536.4K | $1.66M | 3% |
| Price per sq ft | $956 | $1.2K | 43% |
| Built year | 1971 | 1979 | 24% |
| HOA | $550.0 | $550 | 50% |
| Days on market | 77 | 179 | 16% |
Feb 28, 2026
$536,400
$568,800
-6% Price Drop
Initial Listing
Feb 18, 2026
$568,800
$588,800
-3% Price Drop
Initial Listing
Feb 4, 2026
$588,800
Initial Listing
Apr 11, 2019
$325,000
Public Record
Feb 11, 2008
$270,000
Public Record
Jul 24, 2002
$170,000
Public Record
Jun 4, 2001
$125,000
Public Record
May 31, 1996
$69,000
Public Record