950 Cagney 207, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath
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Newport Beach, California 92663
This Sophisticated Coastal Condominium is a Prime Investment Opportunity, listed at $1,150,000—positioned well below the $1,194,163 Fair Market Value by 3%. This valuation gap secures $44,163 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the residence features a high-end remodel with a Wolf gourmet kitchen, custom cabinetry, and serene forested greenbelt views. Located in the guard-gated Villa Balboa within the Newport Mesa Unified district, it offers resort amenities near world-class beaches. This is an ideal acquisition for Owner-Occupants or lifestyle-driven professionals seeking a turnkey seaside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 950 Cagney 207 Subject | $1,150,000* List Price | 2 | 2 | 1,320 | $905 | - |
A 240 Nice 302 Sold | $950,000 | 2 | 2 | 1,136 | $836 | 0.6 mi |
B 220 Nice Lane 215 Sold | $910,000 | 1 | 1 | 915 | $995 | 0.0 mi |
C 100 Scholz Plaza Ph1 Sold | $901,000 | 2 | 2 | 961 | $938 | 0.1 mi |
D 280 Cagney Lane 115 Sold | $810,000 | 1 | 1 | 969 | $836 | 0.1 mi |
E 240 Nice Lane 102 Active | $1,050,000 List Price | 2 | 2 | 1,136 | $924 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive high-end remodel featuring a gourmet kitchen with professional-grade Wolf and Viking appliances, custom shaker cabinetry, and natural stone countertops. With luxury vinyl flooring throughout, updated Milgard dual-pane windows, and fully renovated bathrooms, the home meets current quality standards with no visible deferred maintenance.
The residence boasts a high-end renovation featuring a gourmet kitchen with Wolf appliances, custom shaker cabinetry, and luxury vinyl flooring, providing a sophisticated, turn-key living environment.
Located in the exclusive 24-hour guard-gated Villa Balboa, the property offers access to two pools, pickleball and tennis courts, a fitness center, and a clubhouse, enhancing the coastal lifestyle.
A large private balcony spans the entire length of the living room and both bedrooms, creating a seamless indoor-outdoor flow that maximizes the Newport Beach coastal breeze.
The association fee is $934 per month, which represents a significant recurring expense that may impact the overall affordability for some buyers.
As a probate sale sold strictly in its current condition with no repairs or credits provided, buyers must be comfortable assuming all potential risks and future maintenance costs.
Welcome to your sophisticated coastal retreat in the heart of Newport Beach, located within the exclusive 24-hour guard-gated enclave of Villa Balboa. This gorgeous 1,320-square-foot, 2-bedroom, 2-bathroom home has been fully remodeled for the discriminating buyer, featuring a gourmet kitchen with custom shaker cabinetry, pull-out drawers, a dedicated spice rack, and elegant honed natural stone countertops. Professional-grade stainless steel appliances, including a Wolf range, refrigerator, and dishwasher, complete the space. Throughout the home, luxury vinyl flooring provides a modern, low-maintenance aesthetic that flows toward the outdoors through Milgard dual-pane windows and three sliding glass doors. Both generously sized bedrooms serve as private sanctuaries, outfitted with sleek built-in floating dressers and nightstands, while wardrobe closets by California Closets offer an exceptional amount of storage. The primary suite is perfectly designed with a walk-in closet and custom built-in cabinetry positioned between the bedroom and the ensuite bath. The primary bathroom features a relaxing bathtub, a beautiful glass-front display cabinet with glass shelving, and additional lower drawer storage. The second bedroom is equally impressive with plentiful wardrobe space and direct access to the second bathroom, which features a shower and a hallway entrance for guest convenience. A private balcony spans the length of the living room and both bedrooms, offering a seamless indoor-outdoor flow to enjoy the coastal breeze. The Villa Balboa lifestyle includes unparalleled amenities such as two sparkling pools and spas, three pickleball courts, a tennis court, a fitness center, and a clubhouse with a separate conference room and barbecue area. This residence includes one secure underground parking space and a private storage cabinet. Located just minutes from world-class beaches, Lido Marina Village, fine dining, and the vibrant Balboa Peninsula, this home offers the ultimate Newport Beach dream. Please note that this is a probate sale with full authority and no court confirmation required. While the property is in excellent condition, it is being sold in its current "as-is" state, with no repairs or credits to be provided.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,320 | 1,297 | 51% |
| Lot Size | 18,208 | 3,127 | 59% |
| Price | $1.15M | $1.66M | 35% |
| Price per sq ft | $871 | $1.2K | 32% |
| Built year | 1983 | 1979 | 57% |
| HOA | $934.0 | $559 | 81% |
| Days on market | 12 | 179 | 3% |
Apr 10, 2026
$1,150,000
Initial Listing
Jun 19, 1990
$239,000
Public Record
Jun 3, 1988
$180,000
Public Record