Property
Beds
1
Full Baths
1
1/2 Baths
None
Year Built
1971
Sq.Footage
565
A 3.625% interest rate. Yes. How would you like to buy this condo with a low starting interest rate of 3.625%? The seller is contributing to a 3-2-1 buydown program, giving you a first-year rate as low as 3.625%. Don't miss this opportunity to save big on your mortgage payments. Welcome to your dream home in Newport Beach's resort-style gated community. This newly remodeled gem is ideally situated for quintessential Newport Beach living, just a short stroll away from the beach, restaurants, Lido Village, 17th Street, art and culture, world-class surfing, fishing, swimming, and aquatic sports activities. Here, you'll enjoy endless entertainment options, from annual festivals, tournaments, shows, and boat parades. As you step inside, you'll be greeted by an open floor plan with abundant lighting, high-end designer touches, brand new tile floors, new European cabinetry, and modern hardware. The living room is the heart of the living space and leads to a private balcony with fresh ocean breezes, perfect for entertaining guests or just relaxing with your favorite drink. The community of Versailles is known for its resort-style living, boasting highly secure buildings, a large swimming pool, Jacuzzi, a beautiful clubhouse, fitness room, gated underground parking, an elevator, and extra storage. The HOA pays for water, trash, and sewer, so you can relax and enjoy all the amenities without worrying about the details. The property also features SMART HOME technology, allowing you to control the lighting with a simple smartphone app, as well as Wi-Fi connectivity for the washer/dryer for easy operation and maintenance. For those looking for an investment opportunity, this is where resort-style living meets lucrative investment potential. This newly remodeled gem is not just a residence; it's a smart financial move. Ideally situated near the beach and Hoag Hospital, this property has proven itself as an exceptional investment, consistently generating high rental income. Don't miss out on this fantastic opportunity. Schedule a viewing today!
Features & Amenities
Interior
-
Other Interior Features
Elevator, Open Floorplan, Recessed Lighting, Walk-In Closet(s)
-
Total Bedrooms
1
-
Bathrooms
1
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Electric
-
Main Level Bedrooms
1
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Other Exterior Features
Balcony
-
Parking
Assigned, Concrete, Covered, Garage, Guest, Gated, On Site, Community Structure
-
Pool
Yes
-
Pool Features
Community, Fenced, In Ground, Association
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
Price
-
Sales Price
$749,000
-
Sq. Footage
565
-
Price/SqFt
$1,325
HOA
-
Association
YES
-
Association Fee
$504
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Association Amenities
Clubhouse, Fitness Center, Maintenance Grounds, Meeting Room, Management, Barbecue, Pool, Recreation Room, Sauna, Spa/Hot Tub, Security, Trash, Water
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
1
-
Water Source
Public
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Location
County
Orange
Elementary School
Middle School
High School
Listing Courtesy of Simon Mills , Mills Realty of California
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