Welcome to the highly sought-after gated Versailles community, located in the heart of Newport Beach and less than a mile from the Ocean! This turnkey, move-in-ready condo is located on the Penthouse level, unit #PH5 and features an open and inviting floor plan filled with natural light. The beautifully remodeled kitchen showcases quartz countertops and cabinets, custom polished marble flooring, and ample cabinet space. The spacious bedroom includes a private en-suite bathroom, creating a comfortable retreat. Enjoy relaxing on your private balcony while taking in the views and cool ocean breezes. Additional highlights include subterranean parking for one vehicle and access to resort-style community amenities, including a beautifully updated clubhouse with a full kitchen, a sparkling pool and spa, barbeque area, private saunas, two fitness centers, a recreation room, and a card room, and beautifully maintained grounds. The gated community also offers controlled entry and a secured building. Ideally situated near beaches, shopping, dining, entertainment, and major transportation routes, this home offers the perfect blend of coastal living and convenience. This complex is approved for FHA financing.