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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95 Overbrook, Irvine

$1,598,000

95 Overbrook, Irvine

3 Beds 3 Baths 1,777 SqFt Residential MLS® # AR24053599

Listing Agent and Office : Angelina Qiao Harvest Realty Development

New
19 Night Bloom, Irvine

$1,248,000

19 Night Bloom, Irvine

3 Beds 3 Baths 1,524 SqFt Residential MLS® # OC24053192

Listing Agent and Office : Carol Ko Realty One Group West

New
40 Villa Point Drive, Newport Beach

$1,040,000

40 Villa Point Drive, Newport Beach

2 Beds 2 Baths 1,190 SqFt Residential MLS® # OC24050483

Listing Agent and Office : Bonnie Foley First Team Real Estate

New
3131 Michelson Drive # 1607, Irvine

$1,399,900

3131 Michelson Drive # 1607, Irvine

2 Beds 2 Baths 1,300 SqFt Residential MLS® # OC24053083

Listing Agent and Office : Yazen Haddad E Realty

New
251 Lower Cliff Drive # 17, Laguna Beach

$1,675,000

251 Lower Cliff Drive # 17, Laguna Beach

2 Beds 1 Bath 996 SqFt Residential MLS® # LG24050997

Listing Agent and Office : Amanda Horton Surterre Properties

New
123 Mighty Oak, Irvine

$1,199,000

123 Mighty Oak, Irvine

2 Beds 3 Baths 1,501 SqFt Residential MLS® # OC24050640

Listing Agent and Office : Joann Ton NetCORE Realty & Lending

New
69 Alicante Aisle, Irvine

$798,000

69 Alicante Aisle, Irvine

2 Beds 2 Baths 900 SqFt Residential MLS® # OC24049743

Listing Agent and Office : Lynne Wu Alink Realty Group

New
1918 Timberwood, Irvine

$958,000

1918 Timberwood, Irvine

2 Beds 3 Baths 1,300 SqFt Residential MLS® # TR24052241

Listing Agent and Office : Linling Gan JC Pacific Capital Inc.

New
3103 Cherrywood, Irvine

$925,000

3103 Cherrywood, Irvine

2 Beds 3 Baths 1,200 SqFt Residential MLS® # OC24051691

Listing Agent and Office : Todd Muradian Aspero Realty, Inc

New
811 15th Street # 2b, Newport Beach

$1,025,000

811 15th Street # 2b, Newport Beach

2 Beds 3 Baths 1,462 SqFt Residential MLS® # NP24051886

Listing Agent and Office : Kathryn Hughes Beyond Local Real Estate

New
9 Stardust # 5, Irvine

$1,289,000

9 Stardust # 5, Irvine

2 Beds 3 Baths 1,740 SqFt Residential MLS® # OC24051665

Listing Agent and Office : Pegi Dirienzo Real Broker

New
13 Misty Run # 136, Irvine

$1,168,888

13 Misty Run # 136, Irvine

3 Beds 3 Baths 1,585 SqFt Residential MLS® # OC24040048

Listing Agent and Office : Nancy Aynehchi First Team Real Estate

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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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