
Newport Beach, California 92663
This Turnkey Townhome is a Strong Value Opportunity, listed at $1,499,000—positioned well below the $1,644,944 Fair Market Value by 8%. This valuation gap offers $145,944 in Instant Equity for the buyer. Featuring a 2023 complete remodel, gourmet kitchen, and Excellent Condition Rating, this home offers a sophisticated lifestyle in the Newport-Mesa Unified School District. With its versatile four-bedroom layout and proximity to Fashion Island, this property is an ideal acquisition for Owner-Occupants or discerning professionals seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8 Nautical Mile Drive Subject | $1,499,000* List Price | 4 | 3 | 1,778 | $925 | - |
A 4 Odyssey Court Sold | $1,665,000 | 4 | 3 | 1,778 | $936 | 0.3 mi |
B 18 Land Fall Court Sold | $1,790,000 | 3 | 3 | 1,778 | $1,007 | 0.3 mi |
C 24 Ebb Tide Sold | $1,875,000 | 4 | 4 | 2,207 | $850 | 0.3 mi |
D 220 Nice 110 Sold | $1,580,000 | 3 | 2 | 1,761 | $897 | 0.9 mi |
E 200 Paris Lane 111 Sold | $1,685,000 | 2 | 2 | 1,665 | $1,012 | 0.3 mi |
F 77 Ebb Tide Circle Sold | $1,666,000 | 3 | 4 | 1,843 | $904 | 0.3 mi |
G 451 Bolero Active | $1,288,000 List Price | 3 | 3 | 1,440 | $894 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete remodel in 2023, which is well within the <5-year renovation window for an Excellent rating. It features a high-end gourmet kitchen with quartz countertops and matte white GE Cafe appliances, updated bathrooms, and modern finishes like recessed lighting and plantation shutters throughout, requiring no maintenance.
Completely renovated in 2023, the home features a modern open-concept layout with a gourmet kitchen, quartz countertops, and premium GE Cafe appliances, offering a turnkey move-in experience.
Situated in a secure gated community within the prestigious Newport-Mesa Unified School District, providing proximity to top-rated schools and luxury shopping at Fashion Island.
The inclusion of a ground-level fourth bedroom provides excellent flexibility for use as a private home office or guest suite with direct access to the two-car garage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Despite its desirable Newport Beach location, the property does not offer the coastal or city views often expected by buyers at this price point.
The $500 monthly association fee represents a substantial recurring expense that may impact the overall carrying costs for prospective owners.
Located in the gated community of One Nautical Mile near Newport Beach, this four-bedroom, 2.5-bathroom townhome was completely remodeled in 2023 and recently painted. The open-concept great room features a sizable living and dining area alongside an oversized gourmet kitchen equipped with a large island, quartz countertops, and matte white GE Cafe appliances. Upstairs, the spacious primary suite includes a walk-in closet and a large end-suite bathroom. This level also hosts two additional bedrooms, a laundry area, and a second bathroom with quartz countertops. A fourth bedroom on the ground level offers flexibility for use as an office and provides direct access to the private, attached two-car garage. The home is finished with recessed lighting and plantation shutters throughout. Situated within the top-rated Newport-Mesa Unified School District, the property offers convenient access to local dining and premier shopping at Fashion Island and South Coast Plaza.
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades 7-8 • 1.3 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 88% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,778 | 1,288 | 68% |
| Lot Size | - | 3,244 | 29% |
| Price | $1.50M | $1.41M | 51% |
| Price per sq ft | $843 | $938 | 27% |
| Built year | 2005 | 1977 | 90% |
| HOA | $500.0 | $588 | 24% |
| Days on market | 20 | 149 | 5% |
May 27, 2026
$1,499,000
Initial Listing
Jul 7, 2023
$1,300,000
Public Record
Apr 6, 2023
$940,000
Public Record
Nov 16, 2011
$535,000
Public Record
Oct 28, 2005
$829,500
Public Record