300 Cagney Lane 215, Newport Beach, California 92663, Newport Beach, 92663 - 1 bed, 1 bath
Loading property details...
300 Cagney Lane 215
Newport Beach, California 92663
ACTIVE
CONDITION: FAIR
1Beds
1Baths
465Sq Ft
258,727Lot Size
Property Price
LIST PRICE$495,000
EST. MARKET VALUE
$478,967
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $495,000—positioned well below the $478,967 Fair Market Value by -3%. While the unit requires minor updates given its Fair Condition Rating, it offers a prime bluff-top location with Panoramic Ocean Views and resort-style amenities. The compact 465 sqft footprint and association fees necessitate a strategic approach to rental yields. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a coastal entry point in a high-demand market.
Estimated Market Value
$478,967
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 |
|---|---|---|---|---|---|---|
★ 300 Cagney Lane 215 Subject 1 bd · 1 ba · 465 sqft · $1,030 | $495,000* List Price | 1 | 1 | 465 | $1,030 | - |
A 200 Mcneil Lane 211 Active 1 bd · 1 ba · 561 sqft · $865 · 0.0 mi | $485,000 List Price | 1 | 1 | 561 | $865 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1971 with a partial renovation likely performed 15-20 years ago. While the unit features granite countertops and laminate flooring, the kitchen cabinets appear to be painted originals and the water heater is exposed. The presence of a portable washing machine in the bathtub indicates a lack of dedicated laundry hookups, and the bathroom fixtures show signs of age, placing it in the 'dated' category requiring minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in a highly desirable gated community just blocks from the beach, Lido Isle, and Balboa Peninsula, offering the ultimate Newport Beach lifestyle.
- Resort-Style Amenities
The community features a comprehensive suite of amenities including a pool, spa, fitness center, clubhouse, and fire pit, enhancing the property's appeal for residents and tenants.
- Attractive Entry-Level Pricing
Listed under $500,000, this property represents a rare and accessible investment opportunity or primary residence in one of Southern California's most prestigious coastal markets.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =258727, other record lot size in square feet = 500126.
- Limited Living Space
With only 465 square feet of living area, the unit's compact footprint may be a constraint for buyers seeking more spacious accommodations or storage.
- High Monthly Carrying Costs
The association fee of approximately $541 per month is relatively high for a unit of this size, which may impact the overall monthly affordability and investment yield.
About 300 Cagney Lane 215
** Prime Newport Beach Condo - Steps from the Sand ** Welcome to coastal living at its finest in the heart of Newport Beach! Charming 1-bedroom condo in a highly desirable gated community, perfectly positioned just blocks from the beach, the bay, Lido Isle, & Balboa Peninsula. Enjoy the ultimate Orange County lifestyle with easy access to sandy shores, waterfront dining, shopping, and all that Newport has to offer. The community provides an array of resort-style amenities, including a sparkling pool, spa, fitness center, clubhouse, fire pit, and outdoor barbecue areas - ideal for relaxing or entertaining after a day by the ocean. This light-filled unit is part of a secure, well-maintained complex featuring convenient parking and a prime bluff-top location near Pacific Coast Highway. Whether you're seeking a primary residence, a weekend coastal retreat, or a smart investment opportunity, this property delivers the quintessential Newport Beach experience. Don't miss your chance to own a piece of this iconic seaside community!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 258,727 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $540.88 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Heights Elementary School
Grades K-6 • 1.4 mi
8/10
Horace Ensign Intermediate School
Grades 7-8 • 1.1 mi
7/10
Newport Harbor High School
Grades 9-12 • 1.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 1.0 | 2.3 |
| Square foot | 465 | 1,401.898 |
| Lot Size | 258,727 | 80,383.163 |
| Price | $495.0K | $1.31M |
| Price per sq ft | $1.1K | $954 |
| Built year | 1971 | 1981 |
| HOA | $540.88 | $663 |
| Days on market | 5 | 79 |
Pricing History
Listed for Sale
Oct 20, 2026
$495,000
Initial Listing
Sold
May 2, 2024
$575,000
Public Record
Sold
Jul 23, 2021
$436,000
Public Record
Sold
May 5, 2015
$280,000
Public Record
Sold
Aug 15, 2007
$299,000
Public Record
Sold
Nov 8, 1996
$79,000
Public Record
Sold
Apr 10, 1995
$81,000
Public Record