300 Cagney Lane 215, Newport Beach, California 92663, Newport Beach, - bed, bath
ACTIVE$619,000
300 Cagney Lane 215, Newport Beach, California 92663
1Bed
1Bath
465Sqft
Lot
Year Built
1971
Close
-
List price
$619K
Original List price
$675K
Price/Sqft
-
HOA
$540
Days on market
-
Sold On
-
MLS number
PW25171304
Home ConditionFair
Features
Good View: City Lights
Pool
Spa
ViewCity Lights
About this home
Amazing opportunity to buy a home in the heart of Newport Beach!! This 1 bedroom 1 bathroom condo is located just blocks from the beach, the bay, Lido, and Balboa, be in the heart of Newport while enjoying all the amenities this gated community has to offer, pool, spa, gym, clubhouse, and more.
Nearby schools
8/10
Newport Heights Elementary School
Public,•K-6•1.4mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.1mi
7/10
Newport Harbor High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
09/01/25
Price Change
$619,000-4.6%
08/21/25
Price Change
$649,000-3.9%
07/31/25
$675,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (38 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 26% |
| Baths | 1 | 2 | 28% |
| Square foot | 465 | 1,310 | 3% |
| Lot Size | 0 | 103,811 | |
| Price | $619K | $1.1M | 5% |
| Price per square foot | $1,331 | $865 | 87% |
| Built year | 1971 | 1979 | 21% |
| HOA | $540 | $600 | 31% |
| Days on market | 97 | 161 | 18% |
Condition Rating
Fair
Built in 1971, this condo shows signs of regular upkeep and some updates, but not a recent extensive renovation. The kitchen features painted white cabinets, stainless steel appliances, and a functional layout, but the granite-look laminate countertops and backsplash appear dated. The bathroom has a similar aesthetic with a white vanity and an older style light fixture. While clean and move-in ready, the property's updates likely occurred 15-30 years ago, making it functional but not contemporary.
Pros & Cons
Pros
Prime Coastal Location: The condo is ideally situated just blocks from the beach, the bay, Lido, and Balboa, offering unparalleled access to Newport Beach's most desirable attractions and lifestyle.
Extensive Community Amenities: Residents benefit from a gated community featuring a pool, spa, gym, and clubhouse, providing a resort-like living experience and added value.
Desirable Newport Beach Address: Located in the highly sought-after West Newport Beach subdivision, this property offers a prestigious address in one of Southern California's most coveted coastal cities.
City Lights View: The property boasts a desirable 'City Lights' view, enhancing its appeal and providing an attractive backdrop for residents.
Significant Price Reduction: With a recent price drop from $675,000 to $619,000, the property presents a more competitive offering and potential value for buyers.
Cons
Limited Living Space: At only 465 square feet with 1 bedroom and 1 bathroom, the condo offers very compact living quarters, which may not appeal to buyers seeking more spacious accommodations.
High Monthly Association Fees: The $540.0 monthly association fee is substantial for a unit of this size, adding a significant recurring cost to ownership and impacting affordability.
Older Building Construction: Built in 1971, the building is over 50 years old, which could lead to higher maintenance costs, dated common areas, or potential for future special assessments.