Experience coastal living at its finest in this stunning two-bedroom, two-bathroom condo located in the resort-style gated community of Villa Balboa. Situated atop a hill, each room offers breathtaking ocean views, providing a serene backdrop for everyday living. Enjoy spectacular ocean vistas and views of the Newport Pier from the comfort of your own home. Luxury amenities within the gated community include two pools and spas, tennis and pickleball courts, gym, and central clubhouse. HOA dues cover gas, water, waste, and more. The property features a spacious primary bedroom with a walk-in closet and double vanity in the bathroom. Also accompanying the property is in-unit laundry, a cozy fireplace, air conditioning, and an assigned parking spot for up to two cars tandem style in the gated subterranean parking garage. Immerse yourself in the quintessential Newport Beach lifestyle with easy access to the Newport Beach Peninsula for summer fun. Explore nearby attractions including 17th Street, Balboa Island, Fashion Island, Lido Marina Village, Sunset Ridge Park, and a myriad of renowned restaurants. Whether you're strolling along the shoreline or indulging in local cuisine, this coastal dream living awaits you in Villa Balboa.
Sold for $1,325,000
Listed by: Arbor Real Estate • Chase Behr • Contact: 949-673-7600
Bought with: EQTY Forbes Global Properties
Tax assessed value
$1,325,000
240 Nice Ln APT 208, Newport Beach, CA 92663
2beds
1,609sqft
Condominium
Built in 1979
-- sqft lot
$1,587,200 Zestimate®
$823/sqft
$4,155 Estimated rent
Home value
$1,587,200
$1.41M - $1.83M
$4,155/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Chase Behr DRE #02120487 949-838-6416,
Arbor Real Estate
Bought with:
Sharon Paxson, DRE #01501912
EQTY Forbes Global Properties
Source: CRMLS,MLS#: NP24082442
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Dining Room
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Closet, Dual Sinks, Enclosed Toilet, Separate Shower, Tub Shower, Vanity
Kitchen
- Features: Granite Counters
Other
- Features: Walk-In Closet(s)
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built-In Range, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, Laundry Room
Features
- Breakfast Bar, Built-in Features, Balcony, Separate/Formal Dining Room, Granite Counters, Recessed Lighting, Bedroom on Main Level, Entrance Foyer, Main Level Primary, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Windows: Blinds, Screens
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,609 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Covered, Underground, Garage, Garage Door Opener, Gated, On Site, Private, One Space, Community Structure, Storage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Association, Community, Heated, In Ground
- Has view: Yes
- View description: Park/Greenbelt, Neighborhood, Ocean, Pier, Pool, Trees/Woods, Water
- Has water view: Yes
- Water view: Ocean,Pier,Water
Lot
- Features: Landscaped, Near Park
Details
- Additional structures: Storage, Tennis Court(s)
- Parcel number: 93077474
- Zoning: CONDO
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks, Gated, Park, Pool
- Security: Gated Community, 24 Hour Security, Smoke Detector(s)
- Subdivision: Villa Balboa (Vbal)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Controlled Access, Fitness Center, Maintenance Grounds, Insurance, Meeting Room, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Pickleball, Pool, Pet Restrictions, Pets Allowed, Spa/Hot Tub, Security, Tennis Court(s), Trash, Water
- Services included: Sewer
- HOA fee: $932 monthly
- HOA name: Villa Balboa
- HOA phone: 949-450-0202
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $823/sqft
- Tax assessed value: $1,325,000
- Annual tax amount: $14,210
- Date on market: 5/2/2024
- Cumulative days on market: 39 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,Cal Vet Loan,1031 Exchange,Fannie Mae
- Inclusions: Gas Range, Dishwasher, Wine Fridge, Microwave
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2024 | Listing removed | -- |
Source: CRMLS #NP24096368 Report a problem | ||
| 7/1/2024 | Sold | $1,325,000-5%$823/sqft |
Source:  CRMLS #NP24082442 Report a problem | ||
| 6/27/2024 | Pending sale | $1,395,000$867/sqft |
Source: CRMLS #NP24082442 Report a problem | ||
| 6/11/2024 | Contingent | $1,395,000$867/sqft |
Source: CRMLS #NP24082442 Report a problem | ||
| 5/15/2024 | Price change | $1,395,000-6.7%$867/sqft |
Source: CRMLS #NP24082442 Report a problem | ||
| 5/14/2024 | Listed for rent | $5,995+114.1%$4/sqft |
Source: CRMLS #NP24096368 Report a problem | ||
| 5/2/2024 | Listed for sale | $1,495,000+71.8%$929/sqft |
Source: CRMLS #NP24082442 Report a problem | ||
| 1/5/2018 | Listing removed | $870,000$541/sqft |
Source: Douglas Elliman #NP17004959 Report a problem | ||
| 10/18/2017 | Price change | $870,000-1.1%$541/sqft |
Source: Teles Properties #NP17004959 Report a problem | ||
| 1/9/2017 | Listed for sale | $880,000+10.1%$547/sqft |
Source: Teles Properties, Inc. #NP17004959 Report a problem | ||
| 3/24/2015 | Listing removed | $2,800$2/sqft |
Source: Teles Properties, Inc. #NP15044787 Report a problem | ||
| 3/4/2015 | Listed for rent | $2,800+3.7%$2/sqft |
Source: Teles Properties - Newport Beach #NP15044787 Report a problem | ||
| 4/8/2014 | Listing removed | $2,700$2/sqft |
Source: Teles Properties Report a problem | ||
| 3/5/2014 | Listed for rent | $2,700$2/sqft |
Source: Teles Properties Report a problem | ||
| 4/1/2013 | Listing removed | $2,700$2/sqft |
Source: Teles Properties Newport Beach #NP13021715 Report a problem | ||
| 2/13/2013 | Listed for rent | $2,700+8%$2/sqft |
Source: Teles Properties Newport Beach #NP13021715 Report a problem | ||
| 12/31/2011 | Listing removed | $2,500$2/sqft |
Source: Teles Properties Newport Beach #U11004734 Report a problem | ||
| 12/15/2011 | Price change | $2,500-7.4%$2/sqft |
Source: Teles Properties Newport Beach #U11004734 Report a problem | ||
| 11/10/2011 | Listed for rent | $2,700$2/sqft |
Source: Teles Properties Newport Beach #U11004734 Report a problem | ||
| 2/22/2010 | Listing removed | $799,000$497/sqft |
Source: NRT California #U9005219 Report a problem | ||
| 1/26/2010 | Listed for sale | $799,000-1.7%$497/sqft |
Source: NRT California #U9005219 Report a problem | ||
| 8/25/2005 | Sold | $813,000+105.8%$505/sqft |
Source: Public Record Report a problem | ||
| 3/23/2001 | Sold | $395,000$245/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,210 +19.9% | $1,325,000 +21.6% |
| 2024 | $11,848 +2.4% | $1,089,240 +2% |
| 2023 | $11,570 +1.7% | $1,067,883 +2% |
| 2022 | $11,376 +1.9% | $1,046,945 +2% |
| 2021 | $11,159 +16.3% | $1,026,417 +17% |
| 2020 | $9,591 | $877,200 +2% |
| 2019 | $9,591 +2.1% | $860,000 |
| 2018 | $9,397 0% | $860,000 |
| 2017 | $9,402 | $860,000 +18.8% |
| 2016 | $9,402 +18.4% | $724,000 +12.1% |
| 2015 | $7,942 +21.4% | $646,000 +9.3% |
| 2014 | $6,545 | $591,000 |
| 2013 | -- | $591,000 |
| 2012 | -- | $591,000 |
| 2011 | -- | $591,000 +15% |
| 2010 | -- | $513,778 |
Find assessor info on the county website
Neighborhood: 92663
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Nearby schools
GreatSchools rating
- 10/10Newport Heights Elementary SchoolGrades: K-6Distance: 0.9 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 1.1 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Newport Heights
- Middle: Ensign
- High: Newport Harbor
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,587,200
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Estimated market value
$1,587,200
- California
- Orange County
- Newport Beach
- 92663
- 240 Nice Ln Apartment 208
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