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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3408 Rivington, Irvine

$1,299,000

3408 Rivington, Irvine

2 Beds 3 Baths 2,065 SqFt Residential MLS® # 23335429

Listing Agent and Office : Damoon Ryan The Ryans Estates Group Inc.

2534 Bungalow Place # 87, Corona del Mar

$2,395,000

2534 Bungalow Place # 87, Corona del Mar

2 Beds 3 Baths 1,908 SqFt Residential MLS® # PW23155568

Listing Agent and Office : Justin Itzen The Oppenheim Group

New
1075 Granville Drive, Newport Beach

$2,800,000

1075 Granville Drive, Newport Beach

2 Beds 2 Baths 2,410 SqFt Residential MLS® # LG23216015

Listing Agent and Office : Matt Perry Arbor Real Estate

New
2003 Barranca, Newport Beach

$1,650,000

2003 Barranca, Newport Beach

4 Beds 2 Baths 1,546 SqFt Residential MLS® # NP23214143

Listing Agent and Office : Susie Denton Denton Properties Inc.

New
402 Rockefeller # 312, Irvine

$1,380,000

402 Rockefeller # 312, Irvine

2 Beds 3 Baths 2,250 SqFt Residential MLS® # OC23207169

Listing Agent and Office : Bita Tahmasebi Berkshire Hathaway HomeService

New
207 Native Spring, Irvine

$999,500

207 Native Spring, Irvine

2 Beds 3 Baths 1,354 SqFt Residential MLS® # OC23214515

Listing Agent and Office : Van Vo Keller Williams Realty Irvine

New
98 Tallowood, Irvine

$1,099,000

98 Tallowood, Irvine

3 Beds 3 Baths 1,410 SqFt Residential MLS® # OC23216956

Listing Agent and Office : Eun Leekim Realty One Group West

New
433 Goldenrod Avenue, Corona del Mar

$3,999,000

433 Goldenrod Avenue, Corona del Mar

3 Beds 3 Baths 1,893 SqFt Residential MLS® # NP23216540

Listing Agent and Office : Angela Caliger Surterre Properties Inc.

New
402 Rockefeller # 407, Irvine

$1,800,000

↑ $10,000

402 Rockefeller # 407, Irvine

2 Beds 3 Baths 2,250 SqFt Residential MLS® # OC23216803

Listing Agent and Office : Mishell Hsu Realty One Group West

New
4 Mimosa, Irvine

$989,000

4 Mimosa, Irvine

2 Beds 2 Baths 1,224 SqFt Residential MLS® # OC23213802

Listing Agent and Office : Ryan Kashanchi Re/Max Premier Realty

New
424 Larkspur Avenue, Corona del Mar

$3,995,000

424 Larkspur Avenue, Corona del Mar

3 Beds 4 Baths 2,104 SqFt Residential MLS® # NP23216307

Listing Agent and Office : Annie Clougherty Compass

New
3131 Michelson Drive # 1503, Irvine

$1,399,800

3131 Michelson Drive # 1503, Irvine

2 Beds 3 Baths 2,063 SqFt Residential MLS® # TR23216309

Listing Agent and Office : Yi Tai Lin Desert Sky Real Estate Inc.

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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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