950 Cagney Lane 201, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath
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Newport Beach, California 92663
This Turnkey Coastal Residence is a Strong Value Opportunity, listed at $1,250,000—positioned slightly above the $1,218,042 Fair Market Value. While the price reflects a premium, the property maintains a Good Condition Rating with significant 2024 mechanical upgrades, including a new HVAC system and high-end Viking appliances. Residents enjoy a resort-style lifestyle with pools, spas, and pickleball courts. Located within the Newport Mesa Unified district, this home is an ideal fit for lifestyle-focused professionals or coastal-seeking owner-occupants desiring a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 950 Cagney Lane 201 Subject | $1,149,900* List Price | 2 | 2 | 1,297 | $875 | - |
A 24 Seascape Sold | $970,000 | 2 | 3 | 1,189 | $816 | 0.2 mi |
B 307 Columbia Sold | $1,250,000 | 2 | 2 | 1,170 | $1,068 | 0.4 mi |
C 102 Scholz Plaza 34 Sold | $979,000 | 2 | 2 | 1,155 | $848 | 0.1 mi |
D 240 Nice 302 Sold | $950,000 | 2 | 2 | 1,136 | $836 | 0.6 mi |
E 280 Cagney Lane 115 Sold | $810,000 | 1 | 1 | 969 | $836 | 0.1 mi |
F 220 Nice Lane 215 Sold | $910,000 | 1 | 1 | 915 | $995 | 0.0 mi |
G 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 move-in ready.
While the property was built in 1983, it is well-maintained and move-in ready with significant recent updates. Key highlights include a brand-new HVAC system installed in 2024 and a kitchen featuring high-end Viking appliances, a new refrigerator, and a new dishwasher. The interior features plantation shutters and updated stone flooring in the kitchen, placing it firmly in the 'Good' category despite the age of the structure.
The Villa Balboa community offers an extensive amenity package including two pools, spas, tennis and pickleball courts, and a fitness center, providing a high-end coastal lifestyle.
The residence features a brand-new HVAC system installed in 2024 and premium kitchen appliances, including a Viking gas range, offering immediate value and reduced maintenance concerns.
As a corner unit, this home benefits from increased natural light and enhanced privacy, further complemented by two designated parking spaces and additional storage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The association fee of $919.14 per month is significant and may impact the overall affordability and appeal for budget-conscious buyers.
Despite its premium Newport Beach location, the property is listed as having no view, which may be a drawback for buyers seeking the coastal or city vistas typical of the area.
Coastal living and resort-style amenities come to life in this beautifully positioned corner-unit residence within the gated community of Villa Balboa in Newport Beach. Ideally located between two community pools and spas; and just moments from the beach, Sunset Ridge Park, and the vibrant dining and shopping of the Newport Peninsula. This home offers an exceptional blend of comfort, convenience, and lifestyle, not to mention 2 designated parking spaces with a spacious storage. The light-filled layout features plantation shutters throughout and a gas fireplace that creates a warm and inviting living space. The private balcony includes a gas hookup line, ideal for outdoor grilling and entertaining. The kitchen is equipped with stainless steel appliances including a Viking gas range, GE Profile microwave, brand-new Frigidaire refrigerator and dishwasher, plus a Kenmore stackable washer and dryer in the adjacent laundry room/pantry area. Additional recent upgrades include a new HVAC system installed in 2024. Villa Balboa residents enjoy access to an impressive collection of amenities including two pools and spas, a tennis court and three pickleball courts, fitness center, a clubhouse with a separate conference room and barbeque area, secure gated entry, and 3 pedestrian access gates to Sunset Park. An opportunity to enjoy coastal Newport Beach living in one of the area’s most desirable gated communities.
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 | 1,297 | 1,288 | 51% |
| Lot Size | 18,208 | 18,208 | 50% |
| Price | $1.15M | $1.40M | 41% |
| Price per sq ft | $887 | $938 | 34% |
| Built year | 1983 | 1977 | 68% |
| HOA | $919.14 | $595 | 78% |
| Days on market | 29 | 147 | 5% |
Jun 11, 2026
$1,149,900
$1,250,000
-8% Price Drop
Initial Listing
May 16, 2026
$1,250,000
Initial Listing
Sep 30, 2005
$765,000
Public Record
May 11, 2004
$655,000
Public Record
Jun 25, 1999
$252,500
Public Record
Jan 17, 1997
$175,000
Public Record