260 Cagney Lane 105, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 1 bath
ACTIVE$849,000
260 Cagney Lane 105, Newport Beach, California 92663
2Beds
1Bath
1,136Sqft
1,136Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Modern Renovation: The condo is 'beautifully renovated' with new appliances, quartzite countertops, updated bathroom fixtures, porcelain tile, fresh paint, and a Napoleon gas fireplace, offering a move-in ready experience.
Top Cons:
High Monthly HOA Dues: The $653.0 monthly association fee is substantial and adds significantly to the total cost of homeownership, which may impact affordability for some buyers.
Compared to the nearby listings
Price:$849.0K vs avg $1.39M ($-538,500)21%
Size:1,136 sqft vs avg 1,315 sqft31%
Price/sqft:$747 vs avg $89312%
More Insights
Built in 1979 (46 years old).
Condition: Despite being built in 1979, this condo has undergone a comprehensive and recent renovation, making it virtually new inside. The listing explicitly states 'beautifully renovated' with 'new appliances, quartzite countertops, updated bathroom plumbing and fixtures, porcelain tile flooring, fresh paint, new ceiling fans, HVAC, and full copper repipe.' The images confirm a modern, high-quality aesthetic throughout, particularly in the kitchen with stainless steel GE appliances and the updated bathroom. All visible components and major systems appear new or virtually new, meeting current quality standards, which aligns perfectly with the 'Excellent' score criteria for an extensively renovated property.
Year Built
1979
Close
-
List price
$849K
Original List price
$849K
Price/Sqft
$747
HOA
$653
Days on market
-
Sold On
-
MLS number
RS25144397
Home ConditionExcellent
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods
About this home
Imagine yourself in this beautifully renovated 2-bedroom, 1-bath condo in the gated community of Villa Balboa, just minutes from the beach. This move-in ready home features new appliances, quartzite countertops, updated bathroom plumbing and fixtures, a Napoleon gas fireplace, and versatile second bedroom with Murphy bed and French doors. Additional upgrades include porcelain tile flooring, fresh paint, new ceiling fans, HVAC, and full copper repipe. Enjoy resort-style amenities: pools, spas, tennis courts, gym, clubhouse, BBQ areas, and private beach path. HOA covers water, gas, trash, and more. Ideally located near Lido Island, Hoag Hospital, and top dining, with easy access to PCH, the 55, and SNA.
Nearby schools
8/10
Newport Heights Elementary School
Public,•K-6•1.3mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.0mi
7/10
Newport Harbor High School
Public,•9-12•1.1mi
Condition Rating
Excellent
Despite being built in 1979, this condo has undergone a comprehensive and recent renovation, making it virtually new inside. The listing explicitly states 'beautifully renovated' with 'new appliances, quartzite countertops, updated bathroom plumbing and fixtures, porcelain tile flooring, fresh paint, new ceiling fans, HVAC, and full copper repipe.' The images confirm a modern, high-quality aesthetic throughout, particularly in the kitchen with stainless steel GE appliances and the updated bathroom. All visible components and major systems appear new or virtually new, meeting current quality standards, which aligns perfectly with the 'Excellent' score criteria for an extensively renovated property.
Pros & Cons
Pros
Extensive Modern Renovation: The condo is 'beautifully renovated' with new appliances, quartzite countertops, updated bathroom fixtures, porcelain tile, fresh paint, and a Napoleon gas fireplace, offering a move-in ready experience.
Prime Coastal Location: Located in Newport Beach, 'just minutes from the beach,' Lido Island, Hoag Hospital, and top dining, providing an exceptional lifestyle and convenient access to major freeways.
Resort-Style Gated Community: Villa Balboa offers a secure, gated environment with a wealth of amenities including pools, spas, tennis courts, a gym, clubhouse, BBQ areas, and a private beach path.
Significant System Upgrades: Key infrastructure improvements such as new HVAC and a full copper repipe enhance comfort, efficiency, and long-term reliability, mitigating common concerns for an older building.
Inclusive HOA Coverage: The HOA fee covers essential utilities like water, gas, and trash, simplifying monthly budgeting and potentially reducing individual homeowner expenses.
Cons
High Monthly HOA Dues: The $653.0 monthly association fee is substantial and adds significantly to the total cost of homeownership, which may impact affordability for some buyers.
Limited Bathroom Count: With only one bathroom for a two-bedroom unit, this could be a functional limitation for multiple occupants or guests, and may not meet the preferences of all potential buyers.
Building Age: Despite extensive interior renovations, the 1979 construction year means the overall building structure and common elements are older, which could lead to future maintenance considerations or special assessments.