Newport Beach Homes Under $1 Million

Yes, homes under $1 million in Newport Beach do exist. The inventory is mostly condos and townhomes, it moves fast, and knowing the right neighborhoods makes all the difference. If you are serious about getting into Newport Beach at this price point, here is what you actually need to know.

Where to Look Under $1 Million in Newport Beach

The sub-$1 million market in Newport Beach is almost entirely condos and townhomes, and concentration matters a lot. Newport Heights and Westcliff tend to have the most consistent inventory in this range, with well-maintained complexes and good proximity to the beach without the Peninsula's premium. The Balboa Peninsula itself has opportunities, particularly smaller units and older buildings, some of which carry strong rental upside. Occasionally you will see a land-lease property or a smaller older unit in a quieter pocket come in under the $1 million mark as well.

What I tell buyers shopping this segment is to be ready to move. Properties priced well under $1 million in Newport Beach attract multiple offers quickly, especially anything with an ocean view or harbor proximity. I set up precise MLS alerts for my clients so we are looking at new listings the day they hit, not a week later when competition has already piled up. If you want to expand your search to nearby coastal markets with more sub-$1 million inventory, Huntington Beach, Seal Beach, and Costa Mesa are all worth considering alongside Newport Beach.

Questions about this price range or specific neighborhoods? Call or text Eric: 949-430-7500

What $1 Million Buys You in Newport Beach Today

Budget expectations matter here. At or just under $1 million, you are typically looking at a one- to two-bedroom condo or a smaller two-bedroom townhome. Some of these properties are genuinely well-located with updated interiors and strong HOA management. Others are older buildings that need work but offer real upside for buyers willing to renovate. The difference in long-term value between a well-run HOA complex and a poorly managed one is significant, so I always pull the HOA financials and reserve study before my clients make an offer.

One thing buyers in this range sometimes overlook is the ocean-view condo opportunity. Units on the upper floors of Peninsula buildings or on the hillside in Newport Heights occasionally come to market under $1 million, and they tend to hold value exceptionally well. If that is a priority for you, I can filter specifically for those and set up an alert so you hear about them immediately. You can also browse our curated ocean-view condos and townhomes in Orange County for a broader view of what is available coastally.

HOA and Financing Considerations

Condos and townhomes come with HOA dues, and in Newport Beach those can range from a few hundred dollars a month to well over a thousand depending on the building, amenities, and how recently assessments have been levied. HOA dues affect your total monthly payment and your purchasing power, so it is worth running the full numbers before you fall in love with a specific unit. Some buildings also have litigation history or underfunded reserves that affect financing options, particularly for FHA or VA loans. I walk through all of this with buyers before they write an offer so there are no surprises once escrow opens.

For a current read on median prices, price per square foot, and active inventory specifically in the under-$1 million segment, the Newport Beach market report pulls live MLS data updated throughout the day.

Newport Beach Under $1M FAQ

Are there detached homes in Newport Beach under $1 million?

They are extremely rare. Most inventory under $1 million in Newport Beach is condos, townhomes, or land-lease properties. If a detached home is a hard requirement, Costa Mesa and Huntington Beach offer more options at this price point while keeping you close to the Newport Beach lifestyle.

Can I find ocean-view properties in Newport Beach for under $1,000,000?

Yes, and they are worth watching closely. Upper-floor units on the Balboa Peninsula and hillside condos in Newport Heights do come to market in this range. They move fast because of strong rental demand and lifestyle appeal. Setting up an MLS alert is the best way to catch one as soon as it lists.

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Newport Beach Properties For Sale Under $1,000,000

$925,000
4 Beds 3 Baths 26850773 MLS Active Status
New Co-Ownership Opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Balboa Promenade sits along Grand Canal on Balboa Island's main walking route, a two-story stone and stucco home with a French-inspired character that stands apart on this stretch of Newport Harbor. The cobblestone courtyard, terracotta tile roof, black lanterns and mature olive tree give the exterior a distinctly European quality that carries through to the interior.The great room has dark rustic wood beamed ceilings, light hardwood floors and a fireplace, with multiple glass doors opening to the canal-side deck. The kitchen has gray cabinetry, marble countertops, stainless steel appliances and distinctive black pendant lighting, separating the main living space from a relaxed family room with doors to a sun-dappled side courtyard with an outdoor fireplace. The primary suite has a fireplace, vaulted wood ceiling, French doors to a private deck with canal views and an en suite bath with a freestanding soaking tub, double vanity and tiled shower.The canal-side deck and cobblestone courtyard give Balboa Promenade two distinct outdoor settings, with the private dock offering direct water access to Newport Harbor. The 1.5-mile loop around the island is walkable from the front door, and a Duffy boat ride to The Wedge surf break and Newport Beach's coastline, boutiques and restaurants are all within easy reach.Balboa Promenade is professionally designed, appointed and managed by Pacaso. Owners arrive to find everything ready, with nothing left to arrange before the stay begins.

305 Grand Canal Unit 8, Newport Beach

$899,999
2 Beds 2 Baths PW26129018 MLS Active Status
On the market for the first time in over 40 years, this exceptional 2-bedroom, 2-bath residence presents a rare opportunity to own in one of the most desirable locations within the prestigious gated Versailles community. A private balcony off the living room welcomes refreshing ocean breezes and provides the perfect setting to relax while enjoying spectacular sunsets. Inside, a cozy fireplace anchors the spacious living area, while the open-concept floor plan seamlessly connects the living room, dining area, and kitchen—creating an inviting space for both everyday living and entertaining. Faux wood flooring extends throughout the main living areas, with plush carpet in the bedrooms. The primary suite features a recently remodeled water closet, and many areas of the home have been thoughtfully updated while still offering the opportunity to personalize and create your own dream coastal retreat. Designed for effortless indoor-outdoor living, the living room opens directly onto the private balcony. Everyday conveniences include a trash chute located just steps from the front door and easy access to the community clubhouse and resort-style pool, making it simple to enjoy all the amenities Versailles has to offer. Residents enjoy an exceptional collection of resort-inspired amenities, including a beautifully appointed clubhouse with a full kitchen, a sparkling pool and spa, BBQ area, private saunas, two fitness centers, a recreation room, and a card room. The gated community also offers controlled entry and secured building access for added peace of mind. Additional features include two assigned two underground parking spaces and the option to lease additional storage or parking through the homeowners association. HOA dues include water, gas, and trash service. Pets are welcome, subject to HOA approval. Whether you're searching for a full-time residence, a second home, or the perfect weekend escape, this rare offering combines an exceptional location, breathtaking coastal surroundings, and the opportunity to create a home uniquely your own.

102 Scholz Unit 234, Newport Beach

$999,000
3 Beds 3 Baths NP26116904 MLS Active Status
Front-Row Coastal Living in the Heart of Newport Beach. Welcome to 19 Seabird Court, a beautifully updated 3-bedroom, 3-bath townhome offering approximately 1,400 square feet of refined coastal living in one of Newport Beach’s most desirable hidden-gem communities. As one of the coveted front-row residences, this home enjoys peekaboo ocean views, glowing sunsets over Talbert Park, and expansive open green space directly outside your door. Its premier southwest-facing orientation provides exceptional natural light throughout the day. Featuring one of the largest floor plans in the community, the home offers an ideal layout with spacious living, dining, and kitchen areas on the main level, creating an open-concept feel perfect for everyday living and entertaining. The living room opens directly to an oversized private patio — an ideal space for outdoor dining, gatherings, or enjoying the coastal breeze. A convenient powder bath completes the downstairs level. Upstairs, all three bedrooms are thoughtfully positioned for privacy and comfort. The expansive primary suite is highlighted by soaring vaulted ceilings that create a bright, airy retreat. The primary bath features dual vanities, while the secondary upstairs bathroom includes a shower-in-tub configuration. The two additional bedrooms offer ample closet space and flexibility for guests, family, or office use. Additional highlights include brand-new heating and air conditioning, fresh modern updates, and exceptional storage throughout. The attached garage features vaulted ceilings for substantial overhead storage, while the covered carport provides valuable additional parking. Life at Seabird Court offers a unique blend of nature, recreation, and coastal convenience. Community amenities include a pool, spa, and basketball/pickleball court, with Canyon Park and the Santa Ana River Trail just moments away, providing easy access to the beach. Ideally located near local favorites including Nudae Coffee, Semi Tropic, shopping, dining, and nightlife, 19 Seabird Court offers an exceptional opportunity to enjoy the very best of Newport Beach coastal living.

19 Seabird Court, Newport Beach

$899,000
5 Beds 3 Baths 24445141 MLS Active Status
New Co-Ownership Opportunity: New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home. Balboa Sands sits directly on West Oceanfront, where the Balboa Peninsula boardwalk runs along the front of the property and the Pacific stretches out beyond. The three-story white exterior with glass-railed balconies at every level is immediately recognizable on this stretch of coast.The main floor opens through a white Dutch door to the boardwalk and beach beyond, with an open plan living area centered on a stone fireplace and floor-to-ceiling windows framing the ocean. The kitchen has white cabinetry, tan granite countertops, stainless appliances and a breakfast bar with woven seating. Glass doors lead directly to the oceanfront patio, where the sand is just steps away. The primary bedroom has sliding doors to a private balcony with unobstructed Pacific and Catalina views, and an en suite bath with dual sinks and a tiled shower.The rooftop sun deck is Balboa Sands' highest point, with panoramic views of the Pacific, Catalina Island and the Newport Harbor coastline stretching in every direction. A bonus room just below gives the top floor a flexible, unhurried quality suited to longer stays. The Balboa Peninsula's bike path, the Balboa Pier and the shops and restaurants along Balboa Boulevard are all within easy reach.Balboa Sands is professionally designed, appointed and managed by Pacaso. Owners arrive to find everything ready, with nothing left to arrange before the stay begins.

506 W Oceanfront Unit 2, Newport Beach

$909,000
4 Beds 5 Baths 24441013 MLS Active Status
New Co-Ownership Opportunity: New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. Just minutes from Balboa Pier Beach, this completely renovated and redesigned 4-bedroom, 4.5-bath home makes a perfect coastal retreat. Perched on a corner lot, the three-story home is filled with light, relaxing spaces to enjoy with family and friends. Topping it off is an expansive rooftop deck with stunning ocean views. Large windows, glass doors and wood floors make this modern home feel fresh and inviting. The great room, complete with gas fireplace, flows easily to the paved front patio for easy indoor/outdoor living. The sleek kitchen has Viking appliances, a generous island and a huge pantry. Just around the corner are a powder room and laundry room. On the second floor, the primary bedroom has a private balcony, spacious closet and en suite bathroom with dual vanity, tiled shower and oval soaking tub. This level also has two guest bedrooms and bathrooms and access to a deck with a peek-a-boo ocean view. In addition to a fourth bedroom with a balcony and a nearby bathroom, the home's top level offers access to the spectacular rooftop entertaining area, complete with outdoor kitchen, fire pit and ocean views. Or opt to dine at one of the many nearby restaurants, enjoy a sunset stroll on the beach and stop by one of the fire rings to warm yourself on a cool evening. The home, close to the body surfing hot-spot called the Wedge, comes fully furnished and professionally decorated.

1703 Plaza Del Sur, Newport Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.