38 Sea Island Drive, Newport Beach, California 92660, Newport Beach, 92660 - 2 bed, 2 bath
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38 Sea Island Drive
Newport Beach, California 92660
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,197Sq Ft
10,000Lot Size
Property Price
LIST PRICE$1,015,000
EST. MARKET VALUE
$1,095,131
7% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Condominium is a Strong Value Opportunity, listed at $1,015,000—positioned well below the $1,115,147 Fair Market Value by 8%. This valuation gap offers $100,147 in Instant Equity. Featuring a Mint Condition Rating, the home includes a sleek modern kitchen, motorized skylights, and a private lanai. Located near top-rated schools like Corona Del Mar High, this property is an ideal choice for discerning professionals or owner-occupants seeking a sophisticated, low-maintenance lifestyle in Newport Beach.
Estimated Market Value
$1,095,131+$80,131 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 38 Sea Island Drive Subject | $1,015,000* List Price | 2 | 2 | 1,197 | $915 | - |
A 2225 Vista Huerta Sold | $1,250,000 | 3 | 2 | 1,260 | $992 | 0.5 mi |
B 75 Corsica Drive Sold | $895,000 | 2 | 2 | 920 | $973 | 1.0 mi |
C 9 Canyon Island Pending | $1,099,000 List Price | 2 | 2 | 1,197 | $918 | 0.4 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 1977, the property has undergone a comprehensive, high-end contemporary renovation within the last 5 years. It features a sleek modern kitchen with a new farmhouse sink and Bosch appliances, new wood-like porcelain tile flooring, and significant system updates including a new roof and motorized skylights, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Prime Coastal Location
Situated in the prestigious Big Canyon area, this property offers an enviable lifestyle with walking distance to Fashion Island and proximity to the Big Canyon Country Club.
- Modern Designer Upgrades
The interior boasts high-end finishes including vaulted ceilings, motorized skylights, wood-like porcelain tile, and a sleek kitchen featuring a brand-new integrated Bosch dishwasher.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $800 per month is a significant recurring expense that may impact the overall affordability and appeal for budget-conscious buyers.
- Compact Living Space
With 1,197 square feet of living area, the unit is relatively small for the price point, which may be a constraint for those seeking more expansive residential layouts.
About 38 Sea Island Drive
Indulge in love at first sight with this contemporary haven in Newport Beach! Instantly captivate your heart upon entry this is the one! Impeccably updated with designer flair, relish vaulted ceilings, motorized skylights, and French Doors leading to a private lanai. A striking stone fireplace sets the scene while new wood-like porcelain tile sweeps you through. Discover 2 expansive bedrooms, 2 full baths, and in-unit laundry. The sleek kitchen boasts a farmhouse sink, stainless steel appliances, and modern lines now featuring a brand-new integrated Bosch dishwasher with a custom panel. Plus, with a secure entrance, parking, pool, spa, and tennis court, the Sea Island community offers an enviable lifestyle. Adjacent to the esteemed Big Canyon Country Club and a leisurely stroll to Fashion Island. And don't overlook the added benefits of a new roof and skylight. Elegant living without the typical Newport Beach price tag awaits at 38 Sea Island!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 10,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $800.0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Eastbluff Elementary School
Grades K-6 • 0.9 mi
9/10
Roy O. Andersen Elementary School
Grades K-6 • 1.2 mi
9/10
Abraham Lincoln Elementary School
Grades K-6 • 1.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,197 | 1,509.941 |
| Lot Size | 10,000 | 43,037.647 |
| Price | $1.01M | $1.35M |
| Price per sq ft | $848 | $956 |
| Built year | 1977 | 1980 |
| HOA | $800.0 | $664 |
| Days on market | 40 | 64 |
Pricing History
Listed for Sale
Jul 31, 2026
$1,015,000
Initial Listing
Sold
Dec 13, 2021
$830,000
Public Record
Sold
May 12, 2017
$605,000
Public Record
Sold
Jul 9, 2008
$585,000
Public Record
Sold
May 1, 2007
$550,000
Public Record
Sold
Jun 12, 2003
$377,500
Public Record
Sold
Sep 10, 1999
$234,000
Public Record