200 Mcneil Lane 211, Newport Beach, California 92663, Newport Beach, 92663 - 1 bed, 1 bath
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200 Mcneil Lane 211
Newport Beach, California 92663
ACTIVE
CONDITION: FAIR
1Beds
1Baths
561Sq Ft
0Lot Size
Property Price
LIST PRICE$499,888
EST. MARKET VALUE
$506,662
SUMMARY
This Strong Value Opportunity is listed at a List Price of $499,888, positioned well below the $506,662 Fair Market Value by 1%, providing $6,774 in Instant Equity. Featuring a Condition Rating of 4, the unit offers a functional layout with cosmetic updates, though it retains dated core components. Located in the prestigious Versailles community, residents enjoy resort-style amenities and proximity to top-rated schools like Newport Heights Elementary. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a coastal lifestyle.
Estimated Market Value
$506,662
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 Mcneil Lane 211 Subject | $499,888* List Price | 1 | 1 | 561 | $903 | - |
A 300 Cagney 208 Sold | $625,000 | 1 | 1 | 726 | $861 | 0.0 mi |
B 300 Cagney 215 Active | $499,999 List Price | 1 | 1 | 465 | $1,075 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1971, the unit has undergone cosmetic updates including newer wood-look flooring and stone countertops. However, the kitchen remains dated with older painted cabinetry and aging electric coil appliances. While move-in ready, the 50+ year building age and dated core components require further modernization to reach a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just half a mile from the beach and within walking distance to Lido Marina Village and Newport Pier, this property offers an exceptional lifestyle in the heart of Newport Beach.
- Resort-Style Amenities
The gated Versailles community provides comprehensive amenities including a pool, spa, fitness centers, saunas, and secure subterranean parking, offering a luxury living experience.
- Financing Accessibility
The property is both FHA and VA approved, a significant advantage that opens the door for a wider range of buyers to utilize low-down-payment financing options.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At only 561 square feet, the living space is quite compact, which may be a drawback for buyers seeking more room or long-term versatility.
- Lack of Scenic Views
Despite the premium Newport Beach location, the unit lacks any specific views, which may impact its competitive appeal compared to other coastal properties.
About 200 Mcneil Lane 211
Welcome to gated coastal living in the heart of Newport Beach, one-half mile off the sand. Spacious single-level, 1-bed, 1-bath in prestigious Versailles community. Functional open layout, generous room size, and abundant natural light. Private patio from living area, offering a peaceful spot to enjoy the cool ocean breeze. Building equipped with elevator for convenience. Enjoy resort-style amenities: pool, spa, clubhouse, fitness centers, saunas, and BBQ area. Includes large assigned secure subterranean parking space and secure building access. Located moments from Lido Marina Village Marketplace and Harbor, Newport Beach Pier and Boardwalk, Balboa Funzone, sand, shops, restaurants, bars, and bakeries. This home offers the best of Newport living -walking distance from the shoreline. FHA & VA APPROVED!!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $550.0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Heights Elementary School
Grades K-6 • 1.4 mi
8/10
Horace Ensign Intermediate School
Grades 7-8 • 1.1 mi
7/10
Newport Harbor High School
Grades 9-12 • 1.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 1.0 | 2.5 |
| Square foot | 561 | 1,509.941 |
| Lot Size | - | 43,037.647 |
| Price | $499.9K | $1.35M |
| Price per sq ft | $891 | $956 |
| Built year | 1971 | 1980 |
| HOA | $550.0 | $664 |
| Days on market | 32 | 64 |
Pricing History
Listed for Sale
Aug 8, 2026
$499,888
Initial Listing
Sold
Jun 21, 2022
$550,000
Public Record
Sold
Mar 20, 2003
$229,000
Public Record
Sold
Jul 15, 2002
$195,000
Public Record
Sold
Dec 18, 2000
$125,000
Public Record
Sold
Aug 27, 1999
$94,500
Public Record