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310 Fernando Street 303, Newport Beach, California 92661, Newport Beach, 92661 - 1 bed, 2 bath

310 Fernando Street 303, Newport Beach, California 92661 home-pic-0
ACTIVE$2,250,000
310 Fernando Street 303, Newport Beach, California 92661
1Bed
2Baths
962Sqft
37,407Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Compact Living Space: With only one bedroom and 962 square feet, the living space may be considered restrictive for some buyers, particularly those seeking more expansive accommodations or needing additional rooms.

Compared to the nearby listings

Price:$2.25M vs avg $2.85M ($-602,500)50%
Size:962 sqft vs avg 1,486 sqft25%
Price/sqft:$2.3K vs avg $2.0K75%

More Insights

Built in 1963 (62 years old).
Condition: Despite being built in 1963, this condo has undergone an extensive and high-quality renovation, as evidenced by the 'recently updated with high-end touches' description and the images. The kitchen features modern white shaker cabinets, dark quartz countertops, a stylish blue-green backsplash, and new stainless steel appliances. Both bathrooms are fully updated with modern vanities, marble-look tile, contemporary fixtures, and walk-in showers. New porcelain tile flooring runs throughout the living areas, and lighting includes modern recessed lights and cove lighting. The overall aesthetic is fresh, modern, and turn-key, meeting current quality standards with virtually new components.
Year Built
1963
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
$2,339
HOA
$654.77
Days on market
-
Sold On
-
MLS number
NP25022460
Home ConditionExcellent
Features
Excellent View: Bay, City Lights, Harbor, Marina, Ocean, Water
Deck
ViewBay,City Lights,Harbor,Marina,Ocean,Water

About this home

Welcome to your dream coastal retreat, where every day begins with a spectacular sunrise over the Newport Beach Harbor. This beautifully appointed 1 bedroom, 2 bath condo offers the perfect blend of luxury and simplicity, designed for those who crave a modern, airy living space with unparalleled views. As you enter, you are greeted by an open-concept living area bathed in natural light. Recently updated with high-end touches, motorized blinds, and new porcelain tile flooring, the space seamlessly connects to a private balcony, offering sweeping views that never cease to impress. In close proximity the vibrant waterfront dining scene offers an array of restaurants and cafes, perfect for enjoying fresh seafood or a coffee with a view. As a resident of Newport Bay Towers, you’ll enjoy an array of exceptional amenities. Take advantage of the community pool or head up to the rooftop deck to soak in breathtaking 360-degree views overlooking Newport Harbor, Fashion Island, to Catalina Island. Homeowners also receive priority access to boat slips, making it easy to embrace the waterfront lifestyle. Whether you're looking for a serene escape or an active coastal lifestyle, this exclusive community and turn-key home offers the best of both worlds. Newport Beach living at its finest! Property available as a furnished lease as well, contact for more details.

Nearby schools

9/10
Newport Elementary School
Public,•PK-6•1.0mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.2mi
7/10
Newport Harbor High School
Public,•9-12•1.5mi
Condition Rating
Excellent
Despite being built in 1963, this condo has undergone an extensive and high-quality renovation, as evidenced by the 'recently updated with high-end touches' description and the images. The kitchen features modern white shaker cabinets, dark quartz countertops, a stylish blue-green backsplash, and new stainless steel appliances. Both bathrooms are fully updated with modern vanities, marble-look tile, contemporary fixtures, and walk-in showers. New porcelain tile flooring runs throughout the living areas, and lighting includes modern recessed lights and cove lighting. The overall aesthetic is fresh, modern, and turn-key, meeting current quality standards with virtually new components.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Panoramic Waterfront Views: The property boasts spectacular, sweeping views of Newport Beach Harbor, Catalina Island, city lights, and the ocean from both the unit's private balcony and the community's rooftop deck, offering an unparalleled coastal experience.
Exclusive Waterfront Lifestyle & Location: Situated in the highly desirable Newport Beach Balboa Peninsula, residents enjoy immediate access to vibrant waterfront dining, an active coastal lifestyle, and the unique benefit of priority access to boat slips.
Premium Community Amenities: The Newport Bay Towers community offers exceptional amenities including a community pool and a breathtaking 360-degree view rooftop deck, significantly enhancing the luxury living experience.
Turn-Key Modern Interior: The condo features a recently updated, open-concept living space with high-end touches, new porcelain tile flooring, and motorized blinds, providing a modern and ready-to-move-in luxury environment.
Investment Flexibility: The option to offer the property as a furnished lease provides excellent investment flexibility, appealing to buyers seeking rental income potential or a secondary residence.

Cons

Compact Living Space: With only one bedroom and 962 square feet, the living space may be considered restrictive for some buyers, particularly those seeking more expansive accommodations or needing additional rooms.
Significant Monthly Association Fees: The monthly association fee of $654.77 represents a substantial ongoing cost, which could impact affordability and long-term ownership expenses for potential buyers.
Building Age: Constructed in 1963, the building's age, despite interior updates, may raise concerns about potential future maintenance, infrastructure upgrades, or special assessments for common areas.

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