950 Cagney Lane 106, Newport Beach, California 92663, Newport Beach, - bed, bath

home-pic
ACTIVE$1,135,000
950 Cagney Lane 106, Newport Beach, California 92663
2Beds
2Baths
1,141Sqft
Lot
Year Built
1984
Close
-
List price
$1.14M
Original List price
$1.17M
Price/Sqft
-
HOA
$616
Days on market
-
Sold On
-
MLS number
NP24216818
Home ConditionExcellent
Features
Deck
View-

About this home

This is an incredible opportunity to purchase a newly renovated two bedroom and two bathrooms luxurious condominium that is walking distance to the sandy beaches in Newport Beach. Each of the two bathrooms and the kitchen have been completely remodeled with the finest materials available. Brand new wood simulated vinyl floors have been installed throughout the unit. There is a large private patio off the living and dining room that is beautifully landscaped for privacy and enjoyment. The community of Villa Balboa includes a beautiful clubhouse, tennis courts, multiple pools, spa and many other resort amenities. The interior of the unit shows like a high-end luxury home using neutral colors, mirrored walls and an open kitchen concept. The primary bedroom boasts a large closet, ample storage and ensuite with a dual vanity. This is a ready to move in unit for a sophisticated buyer looking for the best. This unit has a brand new heating and air conditioning system included. The unit has one reserved parking space in the garage.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.4mi
7/10
Horace Ensign Intermediate School
Public,7-81.1mi
7/10
Newport Harbor High School
Public,9-121.2mi

Price History

Date
Event
Price
09/16/25
Price Change
$1,135,000
11/05/24
Listing
$1,165,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (38 Listings)
Beds22
50%
Baths22
50%
Square foot1,1411,310
33%
Lot Size0103,811
Price$1.14M$1.12M
51%
Price per square foot$995$865
77%
Built year19841979
64%
HOA$616$600
0%
Days on market364175
90%
Condition Rating
Excellent

Despite being built in 1984, the property has undergone a comprehensive and recent renovation. The MLS description explicitly states 'newly renovated,' 'completely remodeled' kitchen and bathrooms with 'finest materials,' 'brand new wood simulated vinyl floors throughout,' and a 'brand new heating and air conditioning system.' The images confirm these updates, showcasing a modern kitchen with white shaker cabinets, new stainless steel appliances, and contemporary countertops, as well as updated bathrooms with glass-enclosed showers and modern tiling. All major components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Extensive Recent Renovation: The condominium has been newly renovated, including completely remodeled bathrooms and kitchen with high-end materials, and brand new wood simulated vinyl floors throughout, presenting a luxurious, move-in ready condition.
Desirable Coastal Location: The property boasts an excellent location within walking distance to the sandy beaches of Newport Beach, offering convenient access to coastal living.
Resort-Style Community Amenities: Residents benefit from a wide array of community amenities including a beautiful clubhouse, tennis courts, multiple pools, and a spa, enhancing the lifestyle appeal.
Brand New HVAC System: A newly installed heating and air conditioning system provides modern comfort and efficiency, a significant upgrade for an older building.
Private Outdoor Patio: A large, beautifully landscaped private patio off the living and dining room offers valuable outdoor space for relaxation and entertaining.

Cons

High Monthly HOA Dues: The association fee of $616.0 per month is substantial and adds significantly to the overall cost of ownership.
Older Building Age: Despite interior renovations, the building was constructed in 1984, meaning common areas and underlying infrastructure are older, which could lead to future maintenance or assessment concerns.
Limited Parking: The unit includes only one reserved parking space in the garage, which may be insufficient for households with multiple vehicles or frequent guests.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State