358 Villa Point Drive, Newport Beach, California 92660, Newport Beach, 92660 - 1 bed, 1 bath
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358 Villa Point Drive
Newport Beach, California 92660
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
774Sq Ft
379,508Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$924,630
SUMMARY
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $899,000—positioned well below the $924,631 Fair Market Value by 2%. This valuation gap offers $25,631 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the unit boasts a renovated kitchen with quartz countertops, new thermopane windows, and porcelain wood-look tiles. With access to resort-style amenities like pools and fitness centers, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium Newport Beach lifestyle.
Estimated Market Value
$924,630
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 |
|---|---|---|---|---|---|---|
★ 358 Villa Point Drive Subject 1 bd · 1 ba · 774 sqft · $1,195 | $899,000* List Price | 1 | 1 | 774 | $1,195 | - |
A 232 Villa Point Drive Sold 1 bd · 1 ba · 851 sqft · $1,228 · 0.0 mi | $1,045,000 | 1 | 1 | 851 | $1,228 | 0.0 mi |
B 128 Villa Point Pending 1 bd · 1 ba · 908 sqft · $1,210 · 0.2 mi | $1,099,000 List Price | 1 | 1 | 908 | $1,210 | 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.
Although built in 1990, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with newer high-end white cabinets, quartz countertops, and premium appliances. The bathroom is fully updated with a new vanity and glass shower with pebble flooring. Additional high-value upgrades include all new thermopane windows, fresh paint, and modern porcelain wood-look tile flooring throughout, placing it in mint, move-in condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the heart of Newport Beach, this property offers exceptional proximity to Fashion Island, Balboa Island, and the Back Bay, providing a high-end lifestyle with world-class dining, shopping, and outdoor recreation.
- Modern Interior Upgrades
The unit features significant renovations including a quartz-countertop kitchen with high-end appliances, porcelain wood-look tile flooring, and new thermopane windows, offering a sophisticated, move-in-ready aesthetic.
- Desirable Corner Unit Layout
As a ground-floor corner unit with high ceilings and no stairs, the home maximizes natural light and accessibility while providing private outdoor spaces with views of lush greenery and palm trees.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =379508, other record lot size in square feet = 666112.
- Recently Sold Property
The property was recently sold within the past year on 2026-09-21. The sold price is $805,000.00.
- High Monthly Carrying Costs
The association fee of $695 per month is relatively high for a one-bedroom condominium, which may impact the overall affordability and monthly budget for potential buyers.
About 358 Villa Point Drive
Welcome to Villa Point, a beautiful gated community located in the heart of Newport Beach. This Villa Point condo has a great location being just minutes away from Balboa Island, the Back Bay, the Boats and the Beach! Also nearby is the most popular ''Fashion Island Mall'' with top-of the line, Dining and Shopping options.This one bedroom - one bath condo ''corner unit'' is all on the Ground Floor. (no staircase) Condo has many upgrades; with, all new glass thermopane Windows including large glass patio slider, Has new Washer/Dryer set, and a kitchen with newer higher-end white cabinets and quartz countertops, newer faucet, higher-end fridge/oven/dishwasher, with down light recessed ceiling lights. Throughout home are the lovely plantation shutters, filtering windows with soft sunshine.This condo has a gas fireplace that accentuates the living room.The Bathroom has updates of a charming Vanity dresser and has a shower with glass doors and with tile pebbled flooring. The bedroom has a large walk-in closet with extra storage.The bedroom is suitable for either King or Queen Bed size.This Villa Point home has a front porch that has space for chair and potted plants to grow and enjoy. This Villa Point home has a covered side porch/patio which has pretty views of many large green palm trees. The house front door faces SouthWest,, the side patio slider door faces East. This corner unit is great for filtering sunshine throughout all the windows.The condo's High Ceilings and fresh white paint throughout show a modern updated look. The condo's floors have porcelain wood look tiles which lend to many styles of decor with Coastal,Traditional or Modern furnishing styles.Laundry washer/dryer area is conveniently off of the kitchen. Villa Point owners have a choice of enjoying two pools and spas, fitness centers, barbecue areas. Auto Parking is excellent. This unit has an assigned garage and other parking options.You can make this your primary or vacation home and enjoy this amazing location of Newport Beach-Villa Point minutes from Balboa Island, Newport Harbor, Fashion Island, scenic walking and biking trails. Hiking trails are right down the street at the Back Bay for close place to exercise.Remarks & Disclosures: this sale only includes the one bedroom unit 358 Villa Point on ground floor which a garage is assigned to this unit.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 379,508 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $695.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 1.0 | 2.3 |
| Square foot | 774 | 1,401.898 |
| Lot Size | 379,508 | 80,383.163 |
| Price | $899.0K | $1.31M |
| Price per sq ft | $1.2K | $954 |
| Built year | 1990 | 1981 |
| HOA | $695.0 | $663 |
| Days on market | 6 | 79 |
Pricing History
Listed for Sale
Oct 19, 2026
$899,000
Initial Listing
Sold
Sep 21, 2026
$805,000
Public Record
Sold
Feb 27, 2017
$510,000
Public Record
Sold
Jun 24, 2008
$409,000
Public Record
Sold
Feb 25, 2004
$362,000
Public Record
Sold
Feb 14, 2002
$232,000
Public Record
Sold
Jan 7, 1994
$165,000
Public Record