200 Mcneil Lane Unit 204, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath

200 Mcneil Lane Unit 204, Newport Beach, California 92663 home-pic-0
ACTIVE$975,000
200 Mcneil Lane Unit 204, Newport Beach, California 92663
2Beds
2Baths
1,120Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in a highly desirable Newport Beach location, offering short distances to local beaches, restaurants, shops, Fashion Island, and various outdoor recreation opportunities.
Top Cons:
Building Age: Constructed in 1971, the building is over 50 years old, which may lead to higher maintenance costs or less modern infrastructure compared to newer developments.

Compared to the nearby listings

Price:$975.0K vs avg $1.39M ($-412,500)38%
Size:1,120 sqft vs avg 1,315 sqft26%
Price/sqft:$871 vs avg $89345%

More Insights

Built in 1971 (54 years old).
Condition: Despite being built in 1971, the property has undergone significant and high-quality renovations, making it move-in ready. The description highlights a 'sparkling, turnkey interior' with 'beautiful tile flooring and recessed lighting throughout,' 'two renovated bathrooms,' and a kitchen featuring 'granite countertops and high-end stainless steel appliances.' These updates bring the key areas (kitchen and bathrooms) to a modern standard. While the building's age prevents an 'Excellent' rating without a specific recent full renovation date (within 5 years), the extensive updates and 'turnkey' condition clearly place it in the 'Good' category, requiring no immediate renovations.
Year Built
1971
Close
-
List price
$975K
Original List price
$995K
Price/Sqft
$871
HOA
$558.08
Days on market
-
Sold On
-
MLS number
OC23205279
Home ConditionGood
Features
ViewCourtyard

About this home

With a prime location in a resort-like community with an expansive pool and spa, a gated entry, a clubhouse and fitness center, this elegant coastal home is a great opportunity. Set a short distance away from local beaches, restaurants and shops, the residence features a sparkling, turnkey interior with beautiful tile flooring and recessed lighting throughout, two renovated bathrooms and two oversized, underground parking spaces with ample room for three vehicles. The open concept living room and dining area is a highlight of the home, as it features a gas fireplace and large sliding glass doors, which connect to a spacious private balcony. The kitchen is ready for the demands of modern life, as it has granite countertops and high-end stainless steel appliances. Other highlights include crown moldings and a spacious, sunlit interior that lives even larger than the listed square footage, as the best that Newport Beach has to offer is right outside the door. Additional value is derived from the fact there are very few units in the building with fireplaces and the home is quietly positioned away from the elevator, as well as the garage. Host family and friends in the clubhouse, which has a full kitchen, a large dining room and a covered al fresco dining area, get a workout or just relax in the sun by the pool. The options are as endless as the shopping and dining options at Fashion Island or the outdoor recreation opportunities located nearby. THE TWO PARKING SPOTS ARE SO WIDE THAT HAS ROOM FOR 3 CARS! STORAGE UNIT PLAN IN GARAGE AVAILABLE. POSSIBILITY OF ADDING INDOOR LAUNDRY. CHECK WITH HOA! SOME OTHER UNITS HAVE THEM.

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,9-121.1mi
Condition Rating
Good

Despite being built in 1971, the property has undergone significant and high-quality renovations, making it move-in ready. The description highlights a 'sparkling, turnkey interior' with 'beautiful tile flooring and recessed lighting throughout,' 'two renovated bathrooms,' and a kitchen featuring 'granite countertops and high-end stainless steel appliances.' These updates bring the key areas (kitchen and bathrooms) to a modern standard. While the building's age prevents an 'Excellent' rating without a specific recent full renovation date (within 5 years), the extensive updates and 'turnkey' condition clearly place it in the 'Good' category, requiring no immediate renovations.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in a highly desirable Newport Beach location, offering short distances to local beaches, restaurants, shops, Fashion Island, and various outdoor recreation opportunities.
Resort-like Community Amenities: The property is part of a gated, resort-like community featuring an expansive pool, spa, clubhouse with a full kitchen and dining room, and a fitness center.
Turnkey & Renovated Interior: The unit boasts a sparkling, turnkey interior with beautiful tile flooring, recessed lighting, crown moldings, two renovated bathrooms, granite countertops, and high-end stainless steel appliances.
Exceptional Parking: Includes two oversized, underground parking spaces with ample room to accommodate up to three vehicles, a significant advantage in this area.
Unique Unit Features: Benefits from a gas fireplace, a rare feature in the building, and is quietly positioned away from the elevator and garage, enhancing privacy and tranquility.

Cons

Building Age: Constructed in 1971, the building is over 50 years old, which may lead to higher maintenance costs or less modern infrastructure compared to newer developments.
Absence of In-Unit Laundry: The unit currently lacks indoor laundry facilities, with the possibility of adding it subject to HOA approval and installation.
High HOA Fees: The monthly association fee of $558.08 is a substantial recurring expense that buyers must factor into their budget.

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