270 Cagney 207, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath
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Newport Beach, California 92663
This Turnkey Coastal Residence is a Prime Investment Opportunity, listed at $1,699,000—positioned well below the $1,738,705 Fair Market Value by 2%. This valuation gap offers $39,705 in Instant Equity. Boasting a Mint Condition Rating, the home features a remodeled kitchen, new HVAC, and panoramic ocean views. Located in the gated Villa Balboa community near top-rated schools like Newport Heights Elementary, this property is an ideal sanctuary for discerning professionals or owner-occupants seeking a luxury, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 270 Cagney 207 Subject | $1,699,000* List Price | 2 | 2 | 1,762 | $987 | - |
A 200 Paris Lane 111 Sold | $1,685,000 | 2 | 2 | 1,665 | $1,012 | 0.1 mi |
B 220 Nice 110 Sold | $1,580,000 | 3 | 2 | 1,761 | $897 | 0.5 mi |
C 18 Land Fall Court Sold | $1,790,000 | 3 | 3 | 1,778 | $1,007 | 0.4 mi |
D 4 Odyssey Court Sold | $1,665,000 | 4 | 3 | 1,778 | $936 | 0.5 mi |
E 10 Serena Court Sold | $1,410,000 | 2 | 2 | 1,170 | $1,205 | 0.4 mi |
F 307 Columbia Sold | $1,250,000 | 2 | 2 | 1,170 | $1,068 | 0.4 mi |
G 811 W 15th 2b Active Under Contract | $1,349,000 List Price | 2 | 3 | 1,462 | $923 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel featuring a modern kitchen with designer cabinetry and stone surfaces, fully upgraded bathrooms, and new luxury vinyl plank flooring. Critical systems have also been updated, including a new 3-ton HVAC heat pump and dual-pane windows, meeting the criteria for mint condition with no immediate maintenance required.
The residence offers exceptional views of the Pacific Ocean, Catalina Island, and the Newport coastline, visible from the main living areas and private balcony.
Recently fully remodeled with luxury finishes, a designer kitchen, and significant infrastructure improvements including a new HVAC system and dual-pane windows.
Located in the gated Villa Balboa community, residents have access to resort-style facilities including pools, spas, a fitness center, and tennis/pickleball courts.
The monthly association fee of $1,337.26 is relatively high, which increases the total cost of ownership and may impact the buyer's debt-to-income ratio.
While the unit interior is beautifully updated, the 1985 building age may present concerns regarding the longevity of common area components and potential future assessments.
This beautifully updated 2-bedroom, 2-bath residence offers a spacious, open-concept floor plan designed to keep the Pacific Ocean in view throughout the main living areas. Luxury vinyl plank flooring, recessed lighting, crown molding, fresh neutral finishes, and contemporary fixtures create a clean and cohesive coastal aesthetic. The expansive living room is anchored by a striking modern fireplace and framed by the bay view window overlooking the ocean, surrounding greenery, and the Newport Beach coastline. Sliding glass doors connect the living and dining areas to a private covered balcony—an inviting setting for morning coffee, sunset dinners, or simply enjoying the coastal breeze. The remodeled eat-in kitchen pairs style with function, featuring sleek white designer cabinetry, dramatic stone countertops and backsplash, abundant storage, stainless steel appliances, a professional-style gas range, recessed lighting, and a breakfast bar that opens toward the dining area and ocean beyond. The oversized primary suite offers exceptional space and privacy, complemented by a large walk-in closet and an upgraded en-suite bath with dual vanities, illuminated mirrors, a soaking tub, and a separate walk-in shower. The secondary bedroom is equally versatile and well proportioned, ideal for guests, a home office, or both. Additional conveniences include a beautifully updated guest bath and an interior laundry area with built-in cabinetry. The property was recently fully remodeled and upgraded in compliance with HOA and city codes. All windows and patio doors have been replaced with dual-pane glass, and the HVAC system has been upgraded to a new 3-ton heat pump. Set within the gated coastal community of Villa Balboa, residents enjoy resort-inspired amenities including two swimming pools, two spas, a fitness center, clubhouse, 1 tennis and 3 pickleball courts, barbecue areas, and beautifully maintained grounds. All of this is located just minutes from the sand, Sunset View Park, Lido Marina Village, Balboa Peninsula, world-class dining, shopping, and everything that defines the Newport Beach lifestyle.
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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,762 | 1,320 |
| Lot Size | 31,661 | 27,766 |
| Price | $1.70M | $1.56M |
| Price per sq ft | $964 | $1.0K |
| Built year | 1985 | 1977 |
| HOA | $1337.26 | $720 |
| Days on market | 7 | 61 |
Jul 15, 2026
$1,699,000
Initial Listing
Oct 14, 2009
$670,000
Public Record
Apr 29, 2002
$441,000
Public Record
Nov 23, 1994
$259,000
Public Record