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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716 Trailblaze, Irvine

$999,000

716 Trailblaze, Irvine

1 Bed 2 Baths 1,192 SqFt Residential MLS® # OC24059435

Listing Agent and Office : Ayumi Lewis Coldwell Banker Realty

New
717 1/2 Poinsettia, Corona del Mar

$2,750,000

717 1/2 Poinsettia, Corona del Mar

2 Beds 3 Baths 1,310 SqFt Residential MLS® # PW24060647

Listing Agent and Office : Ada Chuang HomeSmart, Evergreen Realty

New
3131 Michelson Drive # 1504, Irvine

$1,600,000

3131 Michelson Drive # 1504, Irvine

2 Beds 3 Baths 2,063 SqFt Residential MLS® # OC24060545

Listing Agent and Office : Nina Bokaei Innovate Realty, Inc.

New
2142 Andover Lane, Newport Beach

$2,150,000

2142 Andover Lane, Newport Beach

3 Beds 4 Baths 2,091 SqFt Residential MLS® # NP24059392

Listing Agent and Office : Melissa Barnes Compass

20 Nuevo # 10, Irvine

$1,295,000

20 Nuevo # 10, Irvine

2 Beds 2 Baths 1,441 SqFt Residential MLS® # OC24045138

Listing Agent and Office : Linna Zha Alink Realty Group

New
21722 Ocean Vista Drive # G, Laguna Beach

$1,175,000

21722 Ocean Vista Drive # G, Laguna Beach

2 Beds 1 Bath 926 SqFt Residential MLS® # OC24059691

Listing Agent and Office : Lindsay Clark Engel & Voelkers Laguna Beach

New
1 Evening Breeze # 12, Irvine

$998,000

1 Evening Breeze # 12, Irvine

2 Beds 2 Baths 1,042 SqFt Residential MLS® # OC24056865

Listing Agent and Office : Douglas Swardstrom Coldwell Banker Realty

New
514 1/2 Fernleaf Avenue, Corona del Mar

$2,495,000

514 1/2 Fernleaf Avenue, Corona del Mar

2 Beds 3 Baths 1,242 SqFt Residential MLS® # NP24056341

Listing Agent and Office : Annie Clougherty Compass

New
23 Encore Court, Newport Beach

$2,200,000

23 Encore Court, Newport Beach

4 Beds 3 Baths 1,934 SqFt Residential MLS® # NP24059233

Listing Agent and Office : Nicolai Glazer Pacific Sotheby's Int'l Realty

New
118 Anthology, Irvine

$1,486,000

118 Anthology, Irvine

3 Beds 3 Baths 1,643 SqFt Residential MLS® # OC24056047

Listing Agent and Office : Maryam Hormati Coldwell Banker Realty

New
3428 Watermarke Place, Irvine

$698,000

3428 Watermarke Place, Irvine

1 Bed 1 Bath 835 SqFt Residential MLS® # OC24060009

Listing Agent and Office : Mauricio Sousse Aspero Realty, Inc

New
31 Woodleaf, Irvine

$698,000

31 Woodleaf, Irvine

2 Beds 2 Baths 1,022 SqFt Residential MLS® # CV24056225

Listing Agent and Office : Michael Lee CENTURY 21 CRISTAL CELLAR

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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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