
Newport Beach, California 92663
This Condominium is a Strong Value Opportunity, listed at $1,550,000—positioned slightly above the $1,506,256 Fair Market Value. While the property requires modernization, it features a Condition Rating of 4, offering a solid foundation with fresh paint and an expanded Trex-like deck. Located in the Newport Mesa Unified district with access to top-rated schools, this home provides a coastal lifestyle with partial ocean views. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to personalize a well-located Newport Beach asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 Intrepid Court Subject | $1,550,000* List Price | 3 | 3 | 1,778 | $847 | - |
A 19 Swift Court Sold | $1,450,000 | 2 | 3 | 1,508 | $962 | 0.2 mi |
B 200 Paris Lane 111 Sold | $1,685,000 | 2 | 2 | 1,665 | $1,012 | 0.2 mi |
C 101 Scholz Plaza Ph 16 Sold | $1,100,000 | 2 | 2 | 1,231 | $894 | 0.3 mi |
D 101 Scholz Plaza Ph18 Sold | $1,150,000 | 2 | 2 | 1,231 | $934 | 0.3 mi |
E 307 Columbia Sold | $1,250,000 | 2 | 2 | 1,170 | $1,068 | 0.2 mi |
F 202 Intrepid Court Sold | $1,375,000 | 3 | 3 | 1,647 | $835 | - |
G 11 Mojo Court Sold | $1,199,999 | 2 | 3 | 1,578 | $760 | - |
H 2 Land Fall Court Active | $1,742,900 List Price | 4 | 3 | 1,997 | $873 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978 with only a partial remodel. While the bathroom shows modern updates (subway tile) and the interior has fresh paint, the heavy wood paneling in the den and the overall age of the structure (>45 years) indicate the property is dated and requires further modernization to be considered move-in ready by modern standards.
The property is priced to sell based on a recent appraisal and managed by a trust with a single decision-maker, offering a streamlined and realistic purchase opportunity.
Features an expanded deck with durable Trex-like material and offers partial ocean views from the patios and upstairs, maximizing the coastal lifestyle.
The interior has been freshly painted and partially remodeled, providing a clean, move-in-ready foundation for the next owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =453828, other record lot size in square feet = 650215.
The third bedroom has been converted into a wood-paneled den, which may require additional effort or cost for buyers needing a traditional three-bedroom configuration.
Despite partial updates, the 1978 construction and 'partial' remodel status suggest that some areas may still require modernization to meet contemporary luxury standards.
Seller is a trust, with one trustee as the decision-maker. The realistic seller has priced to sell. Partial remodel. The interior was just painted. The 3rd bedroom ( kitchen level) has been converted to a den with beautiful wood paneling. Easy to convert back to a bedroom with a closet. There is a small ocean view from the patios and upstairs hallway. The main level deck has been expanded with Trex-like decking material. Close to the community tennis courts and pool area. Note the Chair lifts have been removed.
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades 7-8 • 1.3 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.1 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,778 | 1,509.941 |
| Lot Size | 453,828 | 43,037.647 |
| Price | $1.55M | $1.35M |
| Price per sq ft | $872 | $956 |
| Built year | 1978 | 1980 |
| HOA | $635.0 | $664 |
| Days on market | 21 | 64 |
Aug 19, 2026
$1,550,000
Initial Listing