500 Cagney Ln Unit 205 , Newport Beach, CA 92663
$550,000
Est. Payment: $3,018.61/mo
1 Bed
1 Bath
561 Sqft
5.94 Acres
Status: Active Under Contract | Days on site: 46
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House Description

Welcome to this beautifully remodeled and thoughtfully designed one-bedroom condo, ideally located within approximately a 13-minute walk of the beach in desirable Newport Beach. Professionally designed to maximize every square foot, this turnkey home offers an exceptional blend of style, comfort, and functionality. The bright and airy living area flows seamlessly into the open kitchen, featuring counter lighting, floor-to-ceiling cabinetry, and newer stainless-steel appliances. A newer double-slider door opens to the private balcony, where you can enjoy a peek-a-boo ocean view and the shade of a beautiful ornate birch tree. The spacious bedroom includes a small walk-in closet with custom built-ins and mirrored doors. The remodeled bathroom features an enclosed tub with newer sliding glass shower doors. Throughout the condo, pocket doors and built-in hallway cabinetry maximize usable space while maintaining a clean, modern feel. The hallway also offers a convenient utility closet and hookups for a stackable washer and dryer. Additional features include ceiling fans with remote controls in both the living room and bedroom, a newer tankless water heater, underground gated assigned parking, and a private storage shed. Enjoy the Newport Beach lifestyle with nearby walking paths, restaurants, boutiques, waterfront dining, and some of Southern California's most beautiful beaches. Whether you're looking for a full-time residence, vacation getaway, or coastal retreat, this move-in-ready condo offers an opportunity to own your own piece of Newport Beach sunshine.

Highlights

Listed by GINA WAGNER , 951-215-2439 ELEVATE REAL ESTATE AGENCY , 951-280-9832. CRMLS/Multi-Regional MLS mls logo

Property Type

Condo/Townhome

Lot/Acreage
5.94

HOA Fee

540.88 Monthly

Year Built

1971

County

Orange

Area

N6 - Newport Heights

Neighborhood

Versailles (VERS)

School District

Newport Mesa Unified

Listing ID

IV26179782

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Dryer, Washer
Air Cond:Evaporative Cooling
Fireplaces:
Floor:Tile
Other:
  • ▪ Additional:Balcony, Ceiling Fan(s), Crown Molding, Eat-in Kitchen, Elevator, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Trash Chute, Galley Kitchen, Walk-In Closet(s)
Water:Public

Exterior Features

Lot:Close to Clubhouse,Garden,Landscaped,No Land Lease
Garage Capacity:2
Others:
  • ▪ Additional:Updated/Remodeled, Turnkey
Sewer:Public Sewer
Parking Features:Assigned,Concrete,Direct Access,Electric Gate,Garage,Garage Door Opener,Guest,Gated
Principal Interest
$3,019
Taxes
$351
HOA
$541

Home Price

$550,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,018.61

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,018.61 $350.63 $540.88 $3,910.11
Yearly $36,223.27 $4,207.50 $6,490.56 $46,921.33
Total $1,086,697.98 $126,225.00 $194,716.80 $1,407,639.78

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Newport Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T23:12:51.000Z

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