Condos in Newport Beach, Irvine, and the surrounding area are a great option for getting into the Southern California real estate market on a budget. Their convenience and low-maintenance make them ideal for part-time or transient residents, investors, busy professionals, or those looking to relax and have more free time. Condos are also an excellent way to get a foot in the property market, in a great area, without breaking the bank. Orange County condo communities are some of the best in the country, thanks to their luxury amenities, proximity to a fantastic array of local attractions, and their value within one of the country's most competitive real estate markets. Read More About Orange County Condos.

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154 Canvas, Irvine

$1,062,000

154 Canvas, Irvine

2 Beds 2 Baths 1,301 SqFt Residential MLS® # WS23222696

Listing Agent and Office : Qingying Tang RE/MAX CHAMPIONS

New
37 Greenfield, Irvine

$680,000

37 Greenfield, Irvine

2 Beds 2 Baths 1,022 SqFt Residential MLS® # OC23217417

Listing Agent and Office : Todd Muradian Aspero Realty, Inc

New
1407 Elmhurst, Irvine

$998,000

1407 Elmhurst, Irvine

3 Beds 3 Baths 1,400 SqFt Residential MLS® # OC23221751

Listing Agent and Office : Dongyun Zhang Keller Williams Realty Irvine

New
174 Streamwood, Irvine

$449,000

174 Streamwood, Irvine

0 Beds 1 Bath 415 SqFt Residential MLS® # PW23222251

Listing Agent and Office : Joyce Lin Coldwell Banker Platinum Prop.

New
21 Foxhollow, Irvine

$749,900

21 Foxhollow, Irvine

2 Beds 2 Baths 1,098 SqFt Residential MLS® # PW23222145

Listing Agent and Office : Albert Ricci Ricci Realty

New
124 Coastal Garden, Irvine

$958,000

124 Coastal Garden, Irvine

2 Beds 2 Baths 1,067 SqFt Residential MLS® # OC23221943

Listing Agent and Office : Victoria Yu Pinnacle Real Estate Group

New
7 Falling Leaf # 9, Irvine

$1,450,000

7 Falling Leaf # 9, Irvine

3 Beds 2 Baths 2,289 SqFt Residential MLS® # OC23217101

Listing Agent and Office : Hanu Reddy Hanu Reddy Realty

New
40 Wellesley # 36, Irvine

$1,029,000

40 Wellesley # 36, Irvine

2 Beds 3 Baths 1,447 SqFt Residential MLS® # OC23221296

Listing Agent and Office : Gary Sully The Sully Group

New
718 1/2 Marguerite Avenue, Corona del Mar

$1,695,000

718 1/2 Marguerite Avenue, Corona del Mar

2 Beds 2 Baths 1,151 SqFt Residential MLS® # NP23220758

Listing Agent and Office : Casey Lesher Coldwell Banker Realty

181 Rockwood # 60, Irvine

$699,000

181 Rockwood # 60, Irvine

2 Beds 2 Baths 1,098 SqFt Residential MLS® # OC23208732

Listing Agent and Office : Kristi Kirkpatrick Coldwell Banker Realty

New
9 Willowgrove, Irvine

$1,499,000

9 Willowgrove, Irvine

3 Beds 3 Baths 2,040 SqFt Residential MLS® # OC23217389

Listing Agent and Office : Hanu Reddy Hanu Reddy Realty

New
137 Episode, Irvine

$1,388,000

137 Episode, Irvine

3 Beds 4 Baths 1,996 SqFt Residential MLS® # PV23219760

Listing Agent and Office : Jessica Kim RE/MAX Estate Properties

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Condominium Real Estate Information

Condos in Southern California, specifically in the Irvine and Newport Beach areas, range between $400,000 and $500,000 in price. This is significantly cheaper than the average single-family home, which usually falls between $800,000 and $900,000. This is the primary benefit of buying a condo, the opportunity to own property in a great area at a lower price.

Other benefits of condominium ownership and living include:

  • Less maintenance
  • Consistent community expectations
  • Having a say in how the community is run
  • Convenience

Some downsides of condo living are the added community restrictions, smaller living spaces, and closer proximity to other residents (potentially meaning more noise and less privacy).

Living in a condominium community will involve paying a monthly or yearly Homeowner Association (HOA) fee. These fees go to maintaining and fixing common amenities like gardens, exterior building features, pools, gyms, clubhouses, and so on. While this may seem like a downside of condo ownership, it's important to remember that many fee-simple home communities in Irvine, Newport Beach, and Southern California, include membership in an HOA as well.

While high-rise condos are the norm in other cities, the two most common types of condo communities in Orange County are garden complexes and townhouse complexes. Garden complexes offer units in low-rise buildings around park-like grounds, while townhouse (or townhome) complexes offer semi-detached homes, usually more than one story high. 

For some excellent examples, University Park is known for its fantastic mid-century garden condos, while townhouse condos can be found nearer to central Newport Beach in developments like Versailles or Seawind.  

Exterior view of a luxury condo in Spanish-revival style in Orange Count, California
Aerial view of condo complex with pool and palmtrees

Luxury Condo Developments In Newport Beach And Irvine, California

Orange County is home to many fantastic condo developments at a variety of price points. These may be garden complexes or rows of modern townhomes. Here is a list of some condominium complexes to check out:

  • Central Park West: Rockefeller by Lennar
  • Travata: Castillo by Lennar - 55+ community in Cypress Village
  • Sea Island - 82 mid-sized condos next to Newport Beach Country Club
  • The Summit - Newport Coast area, next to Buck Gully Reserve
  • Trovare - 2 to 3 bedroom townhouse in Newport Coast
  • Ziani - 168 mid-sized condos in the Newport Coast area
  • Villa Balboa - In Newport Heights next to Hoag Hospital
  • Seawind - In Newport Heights next to Hoag Hospital
  • Big Canyon McLain - Part of the Big Canyon community in East Bluff
  • Laguna Woods Village - Large 55+ community south of Irvine
  • Watermarke Irvine - Spacious condos in the University Town Center area of Irvine
  • Newport Crest  -In Newport Heights near Seawind and Villa Balboa
  • Versailles - Condos next to Hoag Hospital in Newport Heights
Exterior of Spanish-style condo buildings in Irvine CA

What Is A Condominium?

A condominium or “condo” is a privately owned residential unit, usually within a collection of similar units.

The land and amenities associated with these units are usually owned or administered in common with other residents.

Condos are usually attached units, but some are detached, resembling typical single-family homes. 

One characteristic that typically distinguishes condos from other forms of real estate ownership is that they don't include ownership of the land that the condo is built on. 


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