
Newport Beach, California 92663
This Panoramic Ocean-View Condominium is a unique market offering, listed at $1,348,000, which sits above the $1,157,083 Fair Market Value. While the property commands a premium, it offers a Condition Rating of 3, featuring a brand-new 2025 HVAC system and modern wide-plank flooring. Residents enjoy a resort-style lifestyle with two pools, three pickleball courts, and a fitness center. Located within the Newport Mesa Unified School District, this home provides a sophisticated coastal living experience. It is an ideal acquisition for lifestyle-focused buyers or owner-occupants seeking a turnkey residence with sweeping harbor and Catalina views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 280 Cagney Lane 207 Subject 2 bd · 2 ba · 1,136 sqft · $1,039 | $1,325,000* List Price | 2 | 2 | 1,136 | $1,039 | - |
A 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 |
B 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 |
C 102 Scholz Plaza 34 Sold 2 bd · 2 ba · 1,155 sqft · $848 · 0.2 mi | $979,000 | 2 | 2 | 1,155 | $848 | 0.2 mi |
D 307 Columbia Sold 2 bd · 2 ba · 1,170 sqft · $1,068 · 0.5 mi | $1,250,000 | 2 | 2 | 1,170 | $1,068 | 0.5 mi |
E 10 Ima Loa Court Sold 2 bd · 3 ba · 1,170 sqft · $1,115 · 0.5 mi | $1,305,000 | 2 | 3 | 1,170 | $1,115 | 0.5 mi |
F 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 |
G 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 |
H 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 |
I 950 Cagney Lane 201 Pending 2 bd · 2 ba · 1,297 sqft · $829 · 0.1 mi | $1,075,000 List Price | 2 | 2 | 1,297 | $829 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready, featuring a brand-new HVAC system (2025) and newer wide-plank vinyl flooring. While the kitchen and bathrooms show some dated elements like older cabinetry styles and light boxes, the stainless steel appliances and overall clean condition indicate a functional home that has been updated within the 5-15 year window for major cosmetics.
This front-row end unit offers rare, unobstructed panoramic views of the Pacific Ocean, Catalina Island, and Newport Harbor from all primary living spaces, providing significant aesthetic and market value.
Residents enjoy a comprehensive amenity package within a gated community, including two pools, three pickleball courts, tennis courts, a fitness center, and secure gated parking with storage.
The property features a brand-new air conditioning system installed in December 2025, along with newer wide-plank vinyl flooring and stainless-steel appliances, reducing immediate capital expenditure for a buyer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With 115 days on the market and two price reductions from the original $1.45M list price, the property may be facing a perception of being overpriced relative to current market demand.
The $833 monthly association fee is a substantial recurring expense that may limit the pool of qualified buyers or impact the overall affordability of the unit.
The only ocean-view unit available for sale right now in Villa Balboa! This panoramic ocean-view end-unit condo at Villa Balboa delivers Pacific Ocean, Catalina Island, and Newport Harbor views from every main living space, all in an ocean-close complex with resort-level amenities. The unit’s features include new air conditioning, newer wide-plank vinyl wood-look flooring, stainless-steel kitchen appliances, and a private balcony with gas BBQ hookup. Then there are the views: Look out from the Living Room to wide-open water and Peninsula vistas. Two bedrooms, each with corner views out to the ocean and harbor, share one main bathroom plus an additional quarter-bath sink area to make sharing easier. Situated in a prime position within one of Villa Balboa’s most desirable ocean-view buildings, this home captures sweeping daytime panoramas of the peninsula and coast, then transitions to city lights over the region at night. Step outside and you’re minutes from the beach, coastal trails, Balboa Peninsula cafés, and everything that makes Newport Beach living so special. Villa Balboa residents enjoy resort-level amenities: two pools with barbecue areas, two spas, three pickleball courts, a tennis court, a fully equipped fitness center, and a clubhouse. The home includes two assigned gated tandem parking spaces with secure storage—all within a private, gated community. Incredibly convenient to Hoag Hospital, with Sunset View Park right outside and just above Pacific Coast Highway, this property offers incredible coastal living.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,136 | 1,401.898 |
| Lot Size | 38,736 | 80,383.163 |
| Price | $1.32M | $1.31M |
| Price per sq ft | $1.2K | $954 |
| Built year | 1980 | 1981 |
| HOA | $833.0 | $663 |
| Days on market | 191 | 79 |
Oct 3, 2026
$1,325,000
$1,348,000
-2% Price Drop
Initial Listing
Jul 10, 2026
$1,348,000
$1,385,000
-3% Price Drop
Initial Listing
May 6, 2026
$1,385,000
$1,450,000
-4% Price Drop
Initial Listing
Apr 17, 2026
$1,450,000
Initial Listing
May 7, 1998
$227,000
Public Record