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Unmatched views define this top-floor residence. Perched above it all, this distinctive 2-bedroom, 1-bath condo offers sweeping outlooks of the city, Newport Harbor, and the Newport Bridge - an exceptional vantage point rarely found at this price point. Original hardwood floors have been beautifully restored, adding warmth and character throughout. Natural light fills the space, while the layout is anchored by a standout kitchen featuring GE Caf appliances and a raised counter with seating that seamlessly connects the kitchen and living area, perfect for casual dining and entertaining. Ducted mini splits provide efficient heating and cooling, in-unit laundry adds everyday convenience, and dedicated basement storage. Enjoy access to a shared outdoor seating area surrounded by thoughtfully landscaped grounds, ideal for relaxing or hosting. Just moments from Washington Square and downtown, with easy access to Newport Harbor, shopping, dining, and nightlife. A rare opportunity to own a truly unique Newport residence with exceptional views.
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,330 | $3,469 | $4,580 |
| Total Monthly Payment | $3,422 | $3,561 | $4,672 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.