260 Cagney Lane 105, Newport Beach, California 92663, Newport Beach, - bed, bath

ACTIVE$849,000
260 Cagney Lane 105, Newport Beach, California 92663
2Beds
1Bath
1,136Sqft
1,136Lot
Year Built
1979
Close
-
List price
$849K
Original List price
$849K
Price/Sqft
-
HOA
$653
Days on market
-
Sold On
-
MLS number
RS25144397
Home ConditionGood
Features
Good View: Trees/Woods
Spa
ViewTrees/Woods
About this home
Imagine yourself in this beautifully renovated 2-bedroom, 1-bath condo in the gated community of Villa Balboa, just minutes from the beach. This move-in ready home features new appliances, quartzite countertops, updated bathroom plumbing and fixtures, a Napoleon gas fireplace, and versatile second bedroom with Murphy bed and French doors. Additional upgrades include porcelain tile flooring, fresh paint, new ceiling fans, HVAC, and full copper repipe. Enjoy resort-style amenities: pools, spas, tennis courts, gym, clubhouse, BBQ areas, and private beach path. HOA covers water, gas, trash, and more. Ideally located near Lido Island, Hoag Hospital, and top dining, with easy access to PCH, the 55, and SNA.
Nearby schools
8/10
Newport Heights Elementary School
Public,•K-6•1.3mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.0mi
7/10
Newport Harbor High School
Public,•9-12•1.1mi
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (38 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 1 | 2 | 28% |
| Square foot | 1,136 | 1,310 | 33% |
| Lot Size | 1,136 | 38,736 | 10% |
| Price | $849K | $1.1M | 26% |
| Price per square foot | $747 | $854 | 18% |
| Built year | 1979 | 1979 | 50% |
| HOA | $653 | $600 | 0% |
| Days on market | 131 | 161 | 33% |
Condition Rating
Good
The listing states the property is beautifully renovated. The images show a modern kitchen with stainless steel appliances and quartzite countertops, and an updated bathroom with new plumbing and fixtures. The unit also has new flooring, paint, ceiling fans, HVAC, and copper repiping. While the building was built in 1979, the extensive renovations bring the condition up to 'good'.
Pros & Cons
Pros
Recent Renovation: The condo has been beautifully renovated with new appliances, quartzite countertops, updated bathroom plumbing and fixtures, porcelain tile flooring, fresh paint, new ceiling fans, HVAC, and full copper repipe, making it move-in ready.
Gated Community with Amenities: Located in the gated community of Villa Balboa, residents can enjoy resort-style amenities such as pools, spas, tennis courts, a gym, clubhouse, BBQ areas, and a private beach path.
Prime Location: The property is ideally located near Lido Island, Hoag Hospital, and top dining, with easy access to PCH, the 55 freeway, and John Wayne Airport (SNA).
HOA Coverage: The HOA fee covers water, gas, and trash, simplifying monthly expenses for the homeowner.
Versatile Second Bedroom: The second bedroom features a Murphy bed and French doors, offering flexibility for use as a guest room, office, or den.
Cons
Single Bathroom: The condo has only one bathroom, which may be a drawback for some buyers, especially those with families or frequent guests.
Association Fees: The monthly association fee is $653.0, which could be a significant expense for some buyers.
Limited View: The property has a 'Trees/Woods' view, which may not be as desirable as ocean or city views, potentially impacting its market value.

