280 Cagney 103, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath
Loading property details...
280 Cagney 103
Newport Beach, California 92663
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
2Beds
2Baths
1,581Sq Ft
38,736Lot Size
Property Price
LIST PRICE$1,195,000
EST. MARKET VALUE
$1,251,131
4% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Condominium is a Strong Value Opportunity, listed at $1,195,000—positioned well below the $1,251,132 Fair Market Value by 4%. This valuation gap offers $56,132 in Instant Equity for the buyer. Featuring a recent high-end renovation and an Excellent Condition Rating, this home offers a modern kitchen and resort-style amenities including pools and tennis courts. Located in the Newport Mesa Unified district, it is an ideal sanctuary for Owner-Occupants or coastal lifestyle seekers.
Estimated Market Value
$1,251,131+$56,131 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 280 Cagney 103 Subject 2 bd · 2 ba · 1,581 sqft · $791 | $1,195,000* List Price | 2 | 2 | 1,581 | $791 | - |
A 811 W 15th 2b Sold 2 bd · 3 ba · 1,462 sqft · $901 · 0.4 mi | $1,317,500 | 2 | 3 | 1,462 | $901 | 0.4 mi |
B 950 Cagney 207 Sold 2 bd · 2 ba · 1,320 sqft · $833 · 0.1 mi | $1,100,000 | 2 | 2 | 1,320 | $833 | 0.1 mi |
C 19 Swift Court Sold 2 bd · 3 ba · 1,508 sqft · $962 · 0.5 mi | $1,450,000 | 2 | 3 | 1,508 | $962 | 0.5 mi |
D 200 Paris Lane 304 Sold 1 bd · 1 ba · 975 sqft · $867 · 0.2 mi | $845,000 | 1 | 1 | 975 | $867 | 0.2 mi |
E 101 Scholz Plaza Ph 16 Sold 2 bd · 2 ba · 1,231 sqft · $894 · 0.2 mi | $1,100,000 | 2 | 2 | 1,231 | $894 | 0.2 mi |
F 101 Scholz Plaza Ph18 Sold 2 bd · 2 ba · 1,231 sqft · $934 · 0.2 mi | $1,150,000 | 2 | 2 | 1,231 | $934 | 0.2 mi |
G 100 Scholz Plaza Ph1 Sold 2 bd · 2 ba · 961 sqft · $938 · 0.2 mi | $901,000 | 2 | 2 | 961 | $938 | 0.2 mi |
H 14 Robon Court Active 3 bd · 3 ba · 1,640 sqft · $915 · 0.4 mi | $1,500,000 List Price | 3 | 3 | 1,640 | $915 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 1980 but features a recent, high-end renovation within the last 5 years. The kitchen is fully updated with modern white shaker cabinets, quartz countertops, and stainless steel appliances. The home features new flooring, recessed lighting, and fresh paint throughout, making it completely move-in ready with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just two blocks from the beach and moments from Fashion Island, this property offers an exceptional Newport Beach lifestyle with immediate access to world-class shopping, dining, and coastal recreation.
- Modernized Single-Level Living
This spacious 1,581 sqft residence has been beautifully updated throughout, offering a move-in-ready, true single-level floor plan that is rare and highly desirable for long-term accessibility.
- Comprehensive Resort Amenities
The Villa Balboa community provides a high-end living experience with extensive amenities including two pools, two spas, tennis courts, a fitness center, and secure subterranean parking.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =38736, other record lot size in square feet = 56748.
- High Monthly Carrying Costs
The association fee of $833 per month is significant and may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Lack of Scenic Views
Unlike many premium Newport Beach properties, this unit is noted as having no specific view, which may limit its competitive edge against neighboring units with ocean or city vistas.
About 280 Cagney 103
Beautifully updated throughout, this spacious first-floor Villa Balboa residence is two-bedroom, two-bath offering 1,581 square feet of true single level comfortable coastal living. Tucked away in a quiet location, the home features an inviting patio perfect for relaxing or entertaining. The generously sized primary suite includes two large closets, including a walk-in, while the expansive dining area and beautifully appointed updated kitchen create an ideal setting for everyday living and hosting. Residents of Villa Balboa enjoy resort-style amenities, including two pools, two spas, two tennis courts, a fitness center and clubhouse. Just two blocks from the beach and nearby walking and biking paths, with easy access to Fashion Island, world-class shopping, dining and everything Newport Beach has to offer. Perfect as a full-time residence or a lock-and-go beach retreat, this home offers easy coastal living just moments from the sand. Secure subterranean parking and a gated entrance completes this move in ready home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 38,736 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $833.0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Heights Elementary School
Grades K-6 • 1.2 mi
8/10
Horace Ensign Intermediate School
Grades 7-8 • 0.9 mi
7/10
Newport Harbor High School
Grades 9-12 • 1.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,581 | 1,401.898 |
| Lot Size | 38,736 | 80,383.163 |
| Price | $1.20M | $1.31M |
| Price per sq ft | $756 | $954 |
| Built year | 1980 | 1981 |
| HOA | $833.0 | $663 |
| Days on market | 27 | 79 |
Pricing History
Listed for Sale
Sep 28, 2026
$1,195,000
Initial Listing
Sold
Dec 28, 2016
$634,000
Public Record
Sold
Apr 21, 2008
$480,000
Public Record