260 Cagney 317, Newport Beach, California 92663, Newport Beach, 92663 - 1 bed, 1 bath
Loading property details...
Newport Beach, California 92663
This Turnkey Penthouse represents a Strong Value Opportunity, listed at $949,000—positioned well above the $927,516 Fair Market Value by 2%. While priced slightly above market, the property maintains stability through its Mint Condition Rating and high-end renovations, including natural wood flooring and vaulted ceilings. Residents enjoy a resort-style lifestyle with a pool, spa, and gym in the gated Villa Balboa community. Located in the Newport Mesa Unified district, this property is an ideal fit for lifestyle-focused professionals or first-time buyers seeking a premium coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 260 Cagney 317 Subject | $879,000* List Price | 1 | 1 | 1,036 | $871 | - |
A 240 Nice Lane 114 Sold | $845,000 | 1 | 1 | 915 | $923 | 0.2 mi |
B 280 Cagney Lane 115 Sold | $810,000 | 1 | 1 | 969 | $836 | 0.0 mi |
C 220 Nice Lane 215 Sold | $910,000 | 1 | 1 | 915 | $995 | 0.2 mi |
D 240 Nice 302 Sold | $950,000 | 2 | 2 | 1,136 | $836 | 0.6 mi |
E 100 Scholz Plaza Ph1 Sold | $901,000 | 2 | 2 | 961 | $938 | 0.1 mi |
F 950 Cagney 207 Sold | $1,100,000 | 2 | 2 | 1,320 | $833 | 0.1 mi |
G 300 Cagney Lane 101 Active | $879,000 List Price | 2 | 2 | 920 | $955 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1979 build date, the interior shows a high-end, recent renovation. The kitchen features modern stainless steel appliances and stone countertops, while the bathroom has been fully updated with contemporary herringbone tile and pebble flooring. The unit is in mint condition with natural wood floors and vaulted ceilings.
This top-floor unit boasts vaulted ceilings, skylights, and natural wood flooring, creating an airy, spacious atmosphere that is rare for a one-bedroom condominium.
Situated in the prestigious Villa Balboa community, the property offers easy walking and bike access to Newport Beach peninsula, world-class dining, and Fashion Island shopping.
The gated community provides a high-end lifestyle with access to a clubhouse, tennis courts, resort-style pool, gym, and elevator access, with HOA fees covering most essential utilities.
The association fee of approximately $780 per month is significant for a one-bedroom property and may impact the overall affordability for some buyers.
With only one bedroom and one bathroom, the property has a narrower target demographic compared to multi-unit options in the same price bracket, potentially limiting resale velocity.
PRICE REDUCED....Welcome to Penthouse with vaulted ceilings above spacious living room, overlooking skylights and serene greenbelt view. Includes covered deck/balcony that adds protected extra living space-indoor/outdoor living. Natural wood flooring throughout with porcelain bathroom floor. Gated Villa Balboa Community includes a clubhouse, tennis court, resort pool, jacuzzi, spa, bbq, elevator access, and gym. Situated above the peninsula for easy walking or bike access to all the beach. Just minutes from everything Newport Beach has to offer including fine dining restaurants, bars, shopping, Fashion Island and so many more. Association fees include building insurance, maintenance, security gates, water, and trash.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,036 | 1,320 |
| Lot Size | 38,736 | 27,766 |
| Price | $879.0K | $1.56M |
| Price per sq ft | $848 | $1.0K |
| Built year | 1979 | 1977 |
| HOA | $779.86 | $720 |
| Days on market | 71 | 61 |
Jul 8, 2026
$879,000
$900,000
-2% Price Drop
Initial Listing
Jun 24, 2026
$900,000
$949,000
-5% Price Drop
Initial Listing
May 12, 2026
$949,000
Initial Listing
Oct 14, 2020
$590,000
Public Record
Sep 28, 2011
$320,000
Public Record
Apr 24, 2007
$485,000
Public Record
Feb 21, 2001
$227,500
Public Record