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123 Corsica, Newport Beach, CA 92660

$1.27M2bd · 2ba · 1,149 sqft
Lot 59,648 sqft•HOA $550/mo•Condominium•
Active
•5d on market•MLS# NP-26217427

Property Description

Welcome to 123 Corsica, ideally located in the desirable Corsica Villas community of Newport Beach. This private corner/end-unit residence features the largest floor plan in the neighborhood and overlooks the neighborhood openspace, offering a peaceful setting with excellent privacy. With its spacious two-story layout, high ceilings, private entry, and full attached two-car garage, this home truly lives more like a single-family residence than a condo. The interior has been recently refreshed with newly remodeled flooring and an updated kitchen, creating a clean, modern, move-in-ready feel. The home offers two generous bedrooms and two full bathrooms. The primary suite is conveniently located on the main level and includes a spacious en-suite bathroom. Upstairs, you’ll find the second bedroom with its own private full bathroom, along with a large open loft overlooking the main living area—perfect for a home office, bonus room, or flexible additional living space. The full two-car attached garage provides ample room for parking, storage, bikes, and beach gear. Additional highlights include the desirable end-unit location, greenbelt views, abundant natural light, and a layout that offers exceptional privacy and functionality. Corsica Villas features a resort-style pool and spa and is conveniently located near Newport Beach shopping, dining, beaches, and major freeways. The HOA is also scheduled to install a new roof in 2027, adding another future improvement to the property. Don’t miss this beautifully updated Newport Beach home offering the space, privacy, and functionality of a home with the convenience of low-maintenance community living.

Features & Amenities

FeeBuilt 1986

Property Details

Land Type
Fee
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Park/Greenbelt
City
Newport Beach
Zip Code
92660
County
Orange
Listed byUnknown Office, Jaclyn Pfeffer

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,447.09
Principal & Interest
Loan Amount
$1,020,000
Total Interest
$1,300,954
Total Payment Over 30 Years
$2,320,954
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

Affordable Tier · 5 active · 5 closed

123 Corsica, Newport Beach, CA 92660

Newport Beach · Condominium

$1.27M
Affordable Tier
Beds
2
Baths
2
Sqft
1,149
Lot
1.37 ac
Year
1986
$/Sqft
$1110
Pool: Yes✓
Spa: Yes✓
View: Park/Greenbelt✓
Garage: 2-car✓

Listed 14.3% above the median closed sale of $1,115,000. Price per sqft ($1,110) is a 24% premium to closed comps ($892).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.27M· $1,110/sqft
Total list price
Closed comps
vs closed median $1.11M
+$160K (+14.3%)
Active comps
vs active median $1.01M
+$260K (+25.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $985
+$125 (+12.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
280 Cagney LaneNewport Beach1980221,13638,736$1,166$1.32M17890
55 Sea IslandNewport Beach1977221,2640$790$998,0005389
200 McNeil LaneNewport Beach1971221,120258,727$873$978,000685
372 Villa Point DriveNewport Beach1991221,0010$1,248$1.25M10385
38 Sea Island DriveNewport Beach1977221,19710,000$848$1.01M7384
Total: 5 · Average2.02.01,143.6102,487.667$985$1.11M82.6
Median1,136$1.01M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
950 Cagney LaneNewport Beach198310/06/2026221,29718,208$1.07M$1.05M$8100.9814287
10 Ima Loa CourtNewport Beach197309/28/2026231,1700$1.45M$1.30M$1,1150.908687
9 Canyon Island DriveNewport Beach197609/28/2026221,197228,636$1.10M$1.11M$9311.0112386
7 Big Dipper CourtNewport Beach197709/09/2026231,157165,033$815,000$815,000$7041.0011681
811 15thNewport Beach198008/11/2026231,46249,781$1.35M$1.32M$9010.985981
Total: 5 · Average2.02.61,256.6115,414.5$1.12M$1.12M$892.2—105.2
Median1,197$1.11M$1.11M

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.