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118 Villa Point, Newport Beach, CA 92660

$1.75M2bd · 2ba · 1,298 sqft
Lot 390,415 sqft•HOA $695/mo•Condominium•
Active
•36d on market•MLS# NP-26196956

Property Description

Big Price Drop! Beautiful Corner End Unit, Featuring An Expansive Front Deck With Direct Views Of The Newport Dunes And Back Bay! Only A Very Limited Number Of These Units Available In Villa Point. Highly Desirable Ground Floor 2 Bed 2 Bath Condo, With Several Upgrades Throughout. In Close Proximity To Balboa Island, The Newport Dunes Waterfront Resort And Marina, Fashion Island, And Many Other Attractions. Many Upgrades And Additions To This Amazing Property! Villa Point Is Newport Beach's Hidden Gem. Live The Quintessential Newport Lifestyle.Abundant Natural Light, Spacious Floor Plan, Amazing Views Of The Dunes, Hyatt Resort, And The Bay. Amenities Include Two Pools, Fitness Center, Clubhouse, BBQ, Beautifully Landscaped Grounds, And Gated Security. Surrounded By Scenic Walking And Biking Trails, World Class Shopping, Pristine Beaches, And Renowned Dining Destinations. Adjacent To The Newport Beach Country Club. Don't Miss This Rare Opportunity To Live In This Highly Sought After Coastal Resort In The Very Heart Of Newport Beach!

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Fireplace(s)
Cooling
Central Air
View
Back Bay, Bridge(s), Dunes
City
Newport Beach
Zip Code
92660
County
Orange
Listed byUnknown Office, Dan Shabtai

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,848.95
Principal & Interest
Loan Amount
$1,400,000
Total Interest
$1,785,623
Total Payment Over 30 Years
$3,185,623
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

118 Villa Point, Newport Beach, CA 92660

Newport Beach · Condominium

$1.75M
Luxury Tier
Beds
2
Baths
2
Sqft
1,298
Lot
8.96 ac
Year
1990
$/Sqft
$1348
Pool: Yes✓
View: Back Bay, Bridge(s), Dunes✓
Garage: 1-car✓

Listed 34.6% above the median closed sale of $1,300,000. Price per sqft ($1,348) is a 41% premium to closed comps ($953). Expect a longer timeline — comps averaged 130 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.75M· $1,348/sqft
Total list price
Closed comps
vs closed median $1.30M
+$450K (+34.6%)
Active comps
vs active median $998K
+$752K (+75.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,036
+$312 (+30.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
366 Villa PointNewport Beach1990221,255379,508$1,108$1.39M8697
55 Sea IslandNewport Beach1977221,2640$790$998,0005394
372 Villa Point DriveNewport Beach1991221,0010$1,248$1.25M10286
200 McNeil LaneNewport Beach1971221,120258,727$873$978,000581
14 Villa PointNewport Beach199211774390,415$1,163$900,0001980
Total: 5 · Average1.81.81,082.8342,883.333$1,036.4$1.10M53
Median1,120$998,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
46 Villa PointNewport Beach199109/17/2026221,410390,415$1.36M$1.30M$9220.9615997
10 Ima Loa CourtNewport Beach197309/28/2026231,1700$1.45M$1.30M$1,1150.908686
280 Cagney LaneNewport Beach198008/14/2026221,6630$1.40M$1.30M$7820.9312782
9 Canyon Island DriveNewport Beach197609/28/2026221,197228,636$1.10M$1.11M$9311.0112382
358 Villa PointNewport Beach199009/21/202611792379,508$810,000$805,000$1,0160.9915780
Total: 5 · Average1.82.01,246.4332,853$1.17M$1.17M$953.2—130.4
Median1,197$1.30M$1.30M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.