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Sold for $1,050,000
  • Listed by: Compass • Dawn Leibovitz • Contact: 323-605-4068
    Bought with: eXp Realty of California Inc
    $1,050,000

    280 Cagney Ln APT 303, Newport Beach, CA 92663

    2beds
    1,581sqft
    Condominium
    Built in 1980
    -- sqft lot
    $1,242,100 Zestimate®
    $664/sqft
    $5,588 Estimated rent

    Home value

    $1,242,100

    $1.12M - $1.39M

    $5,588/mo

    Zestimate® history
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    What's special

    Location, location, location! This gorgeous penthouse condo is located in the Villa Balboa Community, located on a bluff overlooking the ocean, and surrounded by views. Within 5 minutes, you can get to the beach or Lido Marina Village for five star dining and the best shopping in Newport. Skylights & large windows highlight the vaulted cathedral ceilings filling this home with natural light fills this extraordinary residence. The ultimate Newport Beach lifestyle awaits you not missing a single detail. Offering a turnkey property with a 2-bedroom, 2-bathroom design and an open concept living area, including oversized windows and a balcony for al fresco dining. This spacious 2+2 residence exemplifies sophistication and relaxation. Gourmet kitchen features a breakfast bar, top-of-the-line stainless steel appliances, quartz countertops, and luxury vinyl flooring that are seamlessly integrated with style and functionality. Offering both tranquil moments and memorable gatherings, this home's expansive living area seamlessly blends with the dining room, patio and kitchen . Take a seat outside where you can relax and admire the bountiful landscape with peek-a-boo ocean views and Newports impressive city skyline. The primary bedroom doubles as a tranquil retreat, where you can curl up in the sitting area with a good book or relax with your favorite show and the peace found in your surroundings. There is an ample walk-in closet and a beautifully designed ensuite bathroom with custom cabinetry, quartz countertops, and spacious shower. A guest room or functional home office, the second bedroom is extremely versatile. At Villa Balboa, you will discover a world of luxurious amenities that will enhance your everyday life. There is easy access to elevators throughout the community and beautiful trails throughout for peaceful walks. A gated parking area provides security and convenience for your vehicle. And with not one, but two pools and spas, you're guaranteed a relaxing time. Enjoy tennis courts, pickleball courts, and a state-of-the-art gym that ensures your fitness routine is always within reach for those looking for an active lifestyle. A prime location makes this residence more than just a residence; it provides unrivaled access to coastal dream living. With stunning views, luxurious amenities, and a prestigious address, this property is not to be missed. Embrace the Newport Beach lifestyle you've always imagined, where every day feels like a vacation!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn Leibovitz DRE #01397733 323-605-4068,

    Compass

    Bought with:

    Lauren Sial, DRE #02088344

    eXp Realty of California Inc

    Source: CRMLS,MLS#: OC23229034MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Entry/Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Kitchen
    • Features: Quartz Counters
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air, ENERGY STAR Qualified Equipment, Gas
    Appliances
    • Included: Dryer, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Balcony, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
    • Flooring: Vinyl
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,581 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Ocean, Peek-A-Boo, Trees/Woods
    • Has water view: Yes
    • Water view: Ocean
    Details
    • Parcel number: 93077601
    • Special conditions: Standard
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Park, Street Lights, Sidewalks, Pool
    • Subdivision: Villa Balboa (Vbal)
    HOA
    • Has HOA: Yes
    • Amenities included: Billiard Room, Clubhouse, Controlled Access, Dog Park, Fitness Center, Maintenance Grounds, Game Room, Maintenance Front Yard, Barbecue, Pickleball, Pool, Guard, Spa/Hot Tub, Tennis Court(s)
    • HOA fee: $845 monthly
    • HOA name: Villa Balboa Community Asso.
    • HOA phone: 800-400-2284
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $664/sqft
    • Tax assessed value: $1,071,000
    • Date on market: 1/2/2024
    • Cumulative days on market: 171 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Inclusions: washer, dryer, refrigerator, oven, dishwasher. Select furniture items negotiable.

    Price history

    DateEventPrice
    7/17/2024Sold$1,050,000-11.7%$664/sqft
    Source: CRMLS #OC23229034 Report a problem
    6/27/2024Contingent$1,189,000$752/sqft
    Source: CRMLS #OC23229034 Report a problem
    6/9/2024Price change$1,189,000-3.6%$752/sqft
    Source: CRMLS #OC23229034 Report a problem
    5/2/2024Price change$1,234,000-1.2%$781/sqft
    Source: CRMLS #OC23229034 Report a problem
    1/3/2024Listed for sale$1,249,000+2%$790/sqft
    Source: CRMLS #OC23229034 Report a problem
    5/18/2023Sold$1,225,000-2%$775/sqft
    Source: Public Record Report a problem
    4/28/2023Pending sale$1,250,000$791/sqft
    Source: CRMLS #DW23014479 Report a problem
    4/24/2023Contingent$1,250,000$791/sqft
    Source: CRMLS #DW23014479 Report a problem
    4/4/2023Price change$1,250,000-3.7%$791/sqft
    Source: CRMLS #DW23014479 Report a problem
    3/24/2023Price change$1,298,000+0.2%$821/sqft
    Source: CRMLS #DW23014479 Report a problem
    3/8/2023Listed for sale$1,296,000+88.6%$820/sqft
    Source: CRMLS #DW23014479 Report a problem
    8/12/2020Sold$687,000-1.8%$435/sqft
    Source: CRMLS #OC20092736 Report a problem
    7/27/2020Pending sale$699,900$443/sqft
    Source: Re/Max Premier Realty #OC20092736 Report a problem
    7/7/2020Price change$699,900-4.1%$443/sqft
    Source: Re/Max Premier Realty #OC20092736 Report a problem
    5/16/2020Listed for sale$729,900+46.3%$462/sqft
    Source: Re/Max Premier Realty #OC20092736 Report a problem
    1/10/2013Listing removed$2,350$1/sqft
    Source: ReMax Premier Realty #S721677 Report a problem
    1/3/2013Listed for rent$2,350$1/sqft
    Source: ReMax Premier Realty #S721677 Report a problem
    12/24/2012Listing removed$499,000$316/sqft
    Source: ReMax Premier Realty #S717526 Report a problem
    12/13/2012Price change$499,000-2.7%$316/sqft
    Source: ReMax Premier Realty #S717526 Report a problem
    11/10/2012Listed for sale$513,000+2465%$324/sqft
    Source: ReMax Premier Realty #S717526 Report a problem
    12/6/1996Sold$20,000$13/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,071,000 +2%
    2025$11,402 +361.6%$1,050,000 +430.7%
    2024$2,470 -81.9%$197,862 -72.3%
    2023$13,658 +76.6%$714,754 +2%
    2022$7,734 +1.9%$700,740 +2%
    2021$7,588 +156%$687,000 +177.3%
    2020$2,964 $247,751 +2%
    2019$2,964 +1.9%$242,894 +2%
    2018$2,909 +3.7%$238,132 +2%
    2017$2,805 $233,463 +2%
    2016$2,805 +2.2%$228,886 +1.5%
    2015$2,746 +3.4%$225,448 +2%
    2014$2,655 $221,032 +0.5%
    2013-- $220,034 +2%
    2012-- $215,720 +2%
    2011-- $211,491 +0.8%
    2010-- $209,911
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,242,100
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    Estimated market value
    $1,242,100