3121 W Coast 5d, Newport Beach, California 92663, Newport Beach, - bed, bath

home-pic
ACTIVE$1,850,000
3121 W Coast 5d, Newport Beach, California 92663
2Beds
2Baths
1,288Sqft
22,011Lot
Year Built
1964
Close
-
List price
$1.85M
Original List price
$2.1M
Price/Sqft
-
HOA
$1,100
Days on market
-
Sold On
-
MLS number
LG25170047
Home ConditionExcellent
Features
Excellent View: Bay, Bridge(s), Catalina, City Lights, Coastline, Harbor, Marina, Water
Deck
ViewBay,Bridge(s),Catalina,City Lights,Coastline,Harbor,Marina,Water

About this home

Lock and Go, Turn-key waterfront luxury! This is the Newport Beach lifestyle you've been waiting for. Located within Newport Towers, this fully renovated condo captures panoramic views of Newport Harbor, Lido Village, and the ocean stretching to Catalina Island. Enjoy the ultimate waterfront experience, combining low-maintenance living and peace of mind with an unbeatable location off PCH. The residence includes 24-hour security and gated parking for two vehicles. Inside, open living areas flow onto a private balcony with priceless harbor and water views. The chef’s kitchen features premium appliances, Calcutta Ultra countertops, and a waterfall-edge bar perfect for entertaining or casual meals. Tom Ford chandeliers and artisan wood flooring add a refined elegance throughout the space. Two generous bedrooms receive abundant natural sunlight. Both bathrooms are renovated with sophisticated porcelain tile and Bluetooth-enabled smart LED mirrors, creating a modern spa-like experience every day. Newport Towers residents enjoy exclusive benefits including priority private dock access, boating privileges, and resort-inspired amenities such as a fitness center and common lounge areas complete with BBQs. Walk to the ocean, harbor, Lido Village, or the iconic Newport Beach pier. This location places you at the heart of upscale shopping, dining, excellent schools, and endless recreational opportunities, making it an ideal investment opportunity in a sought-after destination. Experience coastal luxury like never before in a premier Newport Beach address.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.0mi
9/10
Newport Elementary School
Public,PK-61.1mi
7/10
Horace Ensign Intermediate School
Public,7-80.6mi
7/10
Newport Harbor High School
Public,9-120.8mi

Price History

Date
Event
Price
11/02/25
Price Change
$1,850,000-7.3%
09/14/25
Price Change
$1,995,000-5.0%
08/04/25
$2,100,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (38 Listings)
Beds22
50%
Baths22
50%
Square foot1,2881,310
41%
Lot Size22,01138,736
33%
Price$1.85M$1.12M
69%
Price per square foot$1,436$865
87%
Built year19641979
8%
HOA$1,100$600
0%
Days on market93161
18%
Condition Rating
Excellent

Despite being built in 1964, the listing explicitly states the condo is 'fully renovated' with premium features. The kitchen boasts new, high-end stainless steel appliances, Calcutta Ultra countertops with a waterfall edge, and modern cabinetry. The bathrooms are updated with sophisticated porcelain tile and smart LED mirrors. Throughout the unit, there's artisan wood flooring and contemporary light fixtures, indicating a comprehensive and recent renovation to current luxury standards. All visible components appear new or virtually new, aligning perfectly with an 'excellent' condition rating.
Pros & Cons

Pros

Prime Waterfront Location & Panoramic Views: The property boasts an unbeatable waterfront location with panoramic views of Newport Harbor, Lido Village, the Pacific Ocean, and Catalina Island, offering an exceptional coastal living experience and high walkability.
Luxurious Turn-Key Renovation: This fully renovated condo features a chef's kitchen with premium appliances and Calcutta Ultra countertops, artisan wood flooring, designer lighting, and sophisticated, smart-enabled bathrooms, providing a modern and elegant interior.
Exclusive Resort-Inspired Amenities: Residents enjoy a suite of exclusive amenities including 24-hour security, gated parking for two vehicles, priority private dock access, boating privileges, a fitness center, and common lounge areas with BBQs.
Low-Maintenance Coastal Lifestyle: Designed for a 'Lock and Go' lifestyle, this condo offers peace of mind and minimal upkeep, ideal for those seeking a hassle-free, secure living experience in a prime Newport Beach setting.
Strong Investment Opportunity: Located in a premier Newport Beach address, surrounded by upscale shopping, dining, excellent schools, and endless recreational opportunities, making it a highly desirable asset with strong investment potential.

Cons

Substantial Monthly Association Fees: The $1,100 monthly association fee is a significant ongoing expense that adds considerably to the total cost of ownership and should be carefully considered by potential buyers.
Building Age: Despite extensive interior renovations, the building itself was constructed in 1964, which may lead to concerns regarding the age of the overall structure, common area systems, and potential future assessments.
Recent Price Adjustments: Multiple price reductions from the original list price of $2.1M to $1.85M suggest potential market resistance or an initial overvaluation, which could impact perceived value or future appreciation.

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