300 Cagney Lane 215, Newport Beach, California 92663, Newport Beach, 92663 - 1 bed, 1 bath

300 Cagney Lane 215, Newport Beach, California 92663 home-pic-0
ACTIVE$619,000
300 Cagney Lane 215, Newport Beach, California 92663
1Bed
1Bath
465Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated just blocks from the beach, the bay, Lido, and Balboa, offering unparalleled access to Newport Beach's most sought-after attractions.
Top Cons:
Compact Living Space: At only 465 square feet, the 1-bedroom unit offers very limited living space, which might be a constraint for some buyers.

Compared to the nearby listings

Price:$619.0K vs avg $1.39M ($-768,500)5%
Size:465 sqft vs avg 1,315 sqft2%
Price/sqft:$1.3K vs avg $90076%

More Insights

Built in 1971 (54 years old).
Condition: Despite being built in 1971, this condo unit has undergone significant and relatively recent renovations, particularly in the kitchen and bathroom. The kitchen features updated white cabinets, modern stainless steel appliances (range), and speckled granite countertops and backsplash, which appear to be within the last 5-15 years. The bathroom also boasts an updated vanity with matching countertops and modern fixtures. Consistent laminate/engineered wood flooring throughout the living areas and bathroom is in good condition. The property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a unit that has been extensively renovated within the last 5 to 15 years.
Year Built
1971
Close
-
List price
$619K
Original List price
$675K
Price/Sqft
$1,331
HOA
$540
Days on market
-
Sold On
-
MLS number
PW25171304
Home ConditionGood
Features
Good View: City Lights
Deck
Pool
Spa
ViewCity Lights

About this home

Amazing opportunity to buy a home in the heart of Newport Beach!! This 1 bedroom 1 bathroom condo is located just blocks from the beach, the bay, Lido, and Balboa, be in the heart of Newport while enjoying all the amenities this gated community has to offer, pool, spa, gym, clubhouse, and more.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.4mi
7/10
Horace Ensign Intermediate School
Public,7-81.1mi
7/10
Newport Harbor High School
Public,9-121.1mi
Condition Rating
Good

Despite being built in 1971, this condo unit has undergone significant and relatively recent renovations, particularly in the kitchen and bathroom. The kitchen features updated white cabinets, modern stainless steel appliances (range), and speckled granite countertops and backsplash, which appear to be within the last 5-15 years. The bathroom also boasts an updated vanity with matching countertops and modern fixtures. Consistent laminate/engineered wood flooring throughout the living areas and bathroom is in good condition. The property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a unit that has been extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Prime Coastal Location: Situated just blocks from the beach, the bay, Lido, and Balboa, offering unparalleled access to Newport Beach's most sought-after attractions.
Comprehensive Community Amenities: Residents enjoy a wealth of amenities within the gated community, including a pool, spa, gym, and clubhouse, enhancing the lifestyle experience.
Gated Community Security: The property is located within a secure, gated community, providing residents with added peace of mind and privacy.
Desirable City Lights View: Features an attractive city lights view, contributing to the property's appeal and offering pleasant evening aesthetics.
Access to Top-Rated Schools: Benefits from being in the Newport Mesa Unified district, with highly-rated elementary, middle, and high schools nearby.

Cons

Compact Living Space: At only 465 square feet, the 1-bedroom unit offers very limited living space, which might be a constraint for some buyers.
High Monthly Association Fees: The $540.00 monthly association fee is substantial for a unit of this size, potentially impacting affordability and overall cost of ownership.
Older Building Age: Built in 1971, the building is over 50 years old, which could imply potential for dated infrastructure, common areas, or the need for future assessments/renovations.

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