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123 Corsica, Newport Beach, CA 92660

$1.27M2bd · 2ba · 1,149 sqft
Lot 59,648 sqft•HOA $550/mo•Condominium•
Active
•24d on market•MLS# NP-26217427

Property Description

Welcome to 123 Corsica, ideally located in the desirable Corsica Villas community of Newport Beach. This private corner/end-unit residence features the largest floor plan in the neighborhood and overlooks the neighborhood openspace, offering a peaceful setting with excellent privacy. With its spacious two-story layout, high ceilings, private entry, and full attached two-car garage, this home truly lives more like a single-family residence than a condo. The interior has been recently refreshed with newly remodeled flooring and an updated kitchen, creating a clean, modern, move-in-ready feel. The home offers two generous bedrooms and two full bathrooms. The primary suite is conveniently located on the main level and includes a spacious en-suite bathroom. Upstairs, you’ll find the second bedroom with its own private full bathroom, along with a large open loft overlooking the main living area—perfect for a home office, bonus room, or flexible additional living space. The full two-car attached garage provides ample room for parking, storage, bikes, and beach gear. Additional highlights include the desirable end-unit location, greenbelt views, abundant natural light, and a layout that offers exceptional privacy and functionality. Corsica Villas features a resort-style pool and spa and is conveniently located near Newport Beach shopping, dining, beaches, and major freeways. The HOA is also scheduled to install a new roof in 2027, adding another future improvement to the property. Don’t miss this beautifully updated Newport Beach home offering the space, privacy, and functionality of a home with the convenience of low-maintenance community living.

Features & Amenities

FeeBuilt 1986

Property Details

Land Type
Fee
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Park/Greenbelt
City
Newport Beach
Zip Code
92660
County
Orange
Listed byManning Company, Inc., Jaclyn Leigh Pfeffer

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,447.09
Principal & Interest
Loan Amount
$1,020,000
Total Interest
$1,300,954
Total Payment Over 30 Years
$2,320,954
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

123 Corsica, Newport Beach, CA 92660

Newport Beach · Condominium

$1.27M
Affordable Tier
Beds
2
Baths
2
Sqft
1,149
Lot
1.37 ac
Year
1986
$/Sqft
$1110
Pool: No✓
Spa: No✓
View: Park/Greenbelt✓
Garage: 2-car✓

Listed 8.9% below the median closed sale of $1,400,000. Price per sqft ($1,110) is a 13% premium to closed comps ($985).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.27M· $1,110/sqft
Total list price
Closed comps
vs closed median $1.40M
−$125K (−8.9%)
Active comps
vs active median $1.20M
+$76K (+6.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $993
+$117 (+11.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
34 Stanford CourtIrvine1984231,31897,051$827$1.09M4475
11 PalosIrvine1975221,3860$1,009$1.40M2674
142 Stanford CourtIrvine1986331,4130$998$1.41M6673
127 JadestoneIrvine2004231,23462,762$932$1.15M15370
372 Villa Point DriveNewport Beach1991221,0010$1,198$1.20M12370
Total: 5 · Average2.22.61,270.479,906.5$992.8$1.25M82.4
Median1,318$1.20M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
85 SeaboroughNewport Beach198402/11/2026221,18152,882$1.27M$1.24M$1,0460.971989
52 Sea PineNewport Beach197606/10/2026221,1970$1.50M$1.46M$1,2200.986984
9 Canyon Island DriveNewport Beach197609/28/2026221,197228,636$1.10M$1.11M$9311.0112479
251 ChesterfieldNewport Beach198407/29/2026331,74151,327$1.40M$1.42M$8131.012276
24 Canyon Island DriveNewport Beach197606/23/2026231,5260$1.49M$1.40M$9170.9415075
Total: 5 · Average2.22.41,368.4110,948.333$1.32M$1.32M$985.4—76.8
Median1,197$1.40M$1.40M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.