$835,000
UNDER CONTRACT $115K PRICE DROP

260 Cagney Ln Unit 105 Newport Beach, CA 92663

Estimated payment $5,813/month

Total Views 40,138
2 Beds
1 Bath
1,136 Sq Ft
$735 Price per Sq Ft

Highlights

  • Fitness Center
  • Spa
  • Gated Community
  • Newport Heights Elementary Rated A
  • Ocean Side of Freeway
  • View of Trees or Woods

About This Home

LAST CHANCE! BACK ON THE MARKET for only 2 WEEKS at a new LOW PRICE! Seller has made so many improvements that they want to move back in! See a beautifully updated 2-bedroom, 1-bath condo in the sought-after gated community of Villa Balboa, just minutes from the beach. This turnkey home features a brand-new freestanding range and microwave, recessed entry lighting, and new ceiling fans in both bedrooms. The elegant kitchen is equipped with quartzite countertops, a designer backsplash, beveled glass cabinet doors, and modern appliances, including an in-unit washer and dryer. The fully renovated bathroom offers new plumbing, fixtures, and added storage. In the living room, enjoy a Napoleon gas fireplace with remote control and custom built-ins, while the second bedroom, complete with French doors and a Murphy bed, doubles perfectly as a home office or guest space. Additional highlights include porcelain tile flooring throughout, upgraded HVAC, fresh paint, and full copper repiping. Two assigned covered parking spots offer extra convenience.

Residents enjoy resort-style amenities: pools, spas, tennis courts, a modern fitness center, clubhouse, BBQ and picnic areas, and a private walking path to the beach. HOA covers water, gas, trash, sewer, fire insurance, and landscaping. Ideally situated near Lido Island, Hoag Hospital, top dining and shopping, with quick access to PCH, the 55 Freeway, and SNA Airport. Don’t miss this exceptional opportunity to own a turnkey coastal retreat in one of Newport Beach’s most desirable communities — schedule your private showing today!

Listing Agent

Dena Kennedy

The Real Estate Solution Brokerage Phone: 714.401.4000 License #01017608 Listed on: 09/05/2024

Co-Listing Agent

Jennifer Halbert

Berkshire Hathaway HomeServices California Properties Brokerage Phone: 714.401.4000 License #01992762

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,588

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • Corner Lot

HOA Fees

  • $653 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Colonial Architecture
  • Turnkey

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Window Screens
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Tile Flooring
  • Views of Woods

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

Outdoor Features

  • Spa
  • Ocean Side of Freeway
  • Living Room Balcony
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077503
  • $375 per year additional tax assessments

Community Details

Overview

  • 255 Units
  • Villa Balboa Association, Phone Number (949) 450-0202
  • Villa Balboa Subdivision

Amenities

  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Water Sports
  • Bike Trail

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,588

Year Built

Built in 1979

Lot Details

0

HOA Fees

$653 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Architectural Style: Colonial
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077503
  • Year Built: 1979
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Living Area: 1136.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Living Room Balcony, Stone Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 735.04
  • Room Type: All Bedrooms Down, Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Spa Features: Association
  • Window Features: Screens
  • Bathroom Features: Shower In Tub, Main Floor Full Bath, Remodeled, Stone Counters, Vanity Area
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Kitchen, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Gym/Ex Room, Clubhouse, Banquet Facilities, Meeting Room, Storage
  • Association Fee: 653.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: (949) 450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Villa Balboa

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Secluded
  • Lot Size Sq Ft: 1136.00
  • Lot Size Acres: 0.0261
  • Latitude Manual: 33.62404400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1136.0000 Square Feet
  • Number Of Units In Community: 255
  • Number Of Units Total: 255
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 4
  • Tax Tract Number: 8336
  • TaxOtherAnnualAssessmentAmount: 375.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,588 $589,136 $413,161 $175,975
2023 $6,430 $577,585 $405,060 $172,525
2022 $6,320 $566,260 $397,117 $169,143
2021 $6,201 $555,157 $389,330 $165,827
2020 $6,141 $549,465 $385,338 $164,127
2019 $6,019 $538,692 $377,783 $160,909
2018 $5,902 $528,130 $370,376 $157,754
2017 $5,799 $517,775 $363,114 $154,661
2016 $5,671 $507,623 $355,994 $151,629
2015 $5,616 $499,999 $350,647 $149,352
2014 $5,401 $482,179 $340,165 $142,014
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $835,000 -1.8% $735 / Sq Ft
07/04/2025 07/04/25 For Sale $850,000 0.0% $748 / Sq Ft
06/27/2025 06/27/25 Off Market $850,000 -- --
06/24/2025 06/24/25 Price Changed $850,000 -2.2% $748 / Sq Ft
06/20/2025 06/20/25 Price Changed $869,000 -0.7% $765 / Sq Ft
06/15/2025 06/15/25 Price Changed $875,000 -1.7% $770 / Sq Ft
06/02/2025 06/02/25 Price Changed $890,000 -1.1% $783 / Sq Ft
03/19/2025 03/19/25 Price Changed $900,000 0.0% $792 / Sq Ft
03/19/2025 03/19/25 For Sale $900,000 +1.1% $792 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
02/17/2025 02/17/25 Price Changed $890,000 -3.8% $783 / Sq Ft
02/05/2025 02/05/25 For Sale $925,000 0.0% $814 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
12/30/2024 12/30/24 For Sale $925,000 0.0% $814 / Sq Ft
12/29/2024 12/29/24 Off Market $925,000 -- --
12/16/2024 12/16/24 For Sale $925,000 0.0% $814 / Sq Ft
11/17/2024 11/17/24 Off Market $925,000 -- --
10/28/2024 10/28/24 Price Changed $925,000 -1.1% $814 / Sq Ft
10/16/2024 10/16/24 Price Changed $935,000 -1.6% $823 / Sq Ft
09/05/2024 09/05/24 For Sale $950,000 -- $836 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $500,000 Equity Title
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- None Available
Grant Deed $180,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,450 New Conventional
Closed $420,000 New Conventional
Closed $392,042 New Conventional
Closed $395,102 New Conventional
Closed $399,999 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $54,000 Unknown
Previous Owner $50,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24184047

California Regional Multiple Listing Service (CRMLS)

APN: 930-775-03