
Newport Beach, California 92663
This Turnkey Penthouse Condo is a Strong Value Opportunity, listed at $547,000—positioned well above the $532,553 Fair Market Value by -2%. Featuring a Condition Rating of 2, this unit offers a modern, move-in-ready interior with custom marble flooring and quartz finishes. Residents enjoy resort-style amenities, including a pool, spa, and fitness centers, all within a mile of the coast. Located in the Newport Mesa Unified district, this property is an ideal sanctuary for coastal-living enthusiasts or first-time buyers seeking a premium, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 Cagney Subject | $547,000* List Price | 1 | 1 | 561 | $949 | - |
A 101 Scholz Plaza Ph19 Sold | $525,000 | 1 | 1 | 496 | $1,058 | 0.0 mi |
B 102 Scholz Plaza 239 Sold | $649,000 | 1 | 1 | 726 | $894 | 0.0 mi |
C 101 Scholz Plaza 123 Sold | $550,000 | 1 | 1 | 726 | $758 | 0.0 mi |
D 300 Cagney 208 Sold | $625,000 | 1 | 1 | 726 | $861 | 0.0 mi |
E 300 Cagney 215 Active | $535,000 List Price | 1 | 1 | 465 | $1,151 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1971, this penthouse unit has undergone a high-end modern renovation. The kitchen features new quartz countertops and cabinetry, complemented by custom polished marble flooring and updated recessed lighting. The 'turnkey' status and recent aesthetic upgrades suggest a renovation within the last 5 years, requiring no immediate maintenance.
Situated less than a mile from the ocean in the gated Versailles community, this property offers an ideal coastal lifestyle with proximity to beaches, dining, and resort-style amenities.
As a top-floor penthouse unit, the home provides enhanced privacy, coastline views, and refreshing ocean breezes, which are highly desirable features in the Newport Beach market.
The condo features a modern, move-in-ready interior with a beautifully remodeled kitchen boasting quartz countertops and custom polished marble flooring.
At only 561 square feet, the interior living area is relatively small, which may limit appeal for buyers seeking more spacious accommodations or additional storage.
The $575 monthly association fee is significant relative to the unit's square footage, potentially impacting the overall affordability and monthly carrying costs for some buyers.
Welcome to the highly sought-after gated Versailles community, located in the heart of Newport Beach and less than a mile from the Ocean! This turnkey, move-in-ready condo is located on the Penthouse level, unit #PH5 and features an open and inviting floor plan filled with natural light. The beautifully remodeled kitchen showcases quartz countertops and cabinets, custom polished marble flooring, and ample cabinet space. The spacious bedroom includes a private en-suite bathroom, creating a comfortable retreat. Enjoy relaxing on your private balcony while taking in the views and cool ocean breezes. Additional highlights include subterranean parking for one vehicle and access to resort-style community amenities, including a beautifully updated clubhouse with a full kitchen, a sparkling pool and spa, barbeque area, private saunas, two fitness centers, a recreation room, and a card room, and beautifully maintained grounds. The gated community also offers controlled entry and a secured building. Ideally situated near beaches, shopping, dining, entertainment, and major transportation routes, this home offers the perfect blend of coastal living and convenience. This complex is approved for FHA financing.
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 | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 561 | 1,320 |
| Lot Size | 258,727 | 27,766 |
| Price | $547.0K | $1.56M |
| Price per sq ft | $975 | $1.0K |
| Built year | 1971 | 1977 |
| HOA | $575.0 | $720 |
| Days on market | 27 | 61 |
Jun 25, 2026
$547,000
Initial Listing
Jun 28, 2019
$368,000
Public Record
Sep 13, 2018
$315,000
Public Record
May 15, 2012
$219,000
Public Record