About This Home

This 1-bedroom, 1-bathroom condo at 500 Cagney Lane #205 in Newport Beach, CA is listed for $550,000 ($980 per sqft). Built in 1971, the home offers 561 sqft of living space on a 5.94 acres lot.

Key Features

  • Built in 1971
  • 5.94 acre lot
  • 2 parking spaces

Property Details

1 story
1 full
1-car garage
#205
1971

Amenities

ViewSpaA/C
Listing 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.

Monthly Cost Estimate

$3,483/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160
HOA$541

Estimates only. Actual payments may vary.

Location

500 Cagney Lane #205

Newport Beach, CA 92663

Versailles (VERS)

Features & Amenities

Interior Features

Crown MoldingTrash ChuteBalconyQuartz CountersElevatorCeiling Fan(s)Recessed LightingOpen FloorplanStorage

Property Details

Flooring

Tile

Views

Ocean

Parking

OpenGuestDrivewayAssignedGatedGarage

Cooling

Evaporative Cooling

Appliances

Tankless Water HeaterElectric OvenElectric Water HeaterConvection OvenElectric CooktopWater Line to RefrigeratorIce MakerENERGY STAR Qualified AppliancesSelf Cleaning OvenRefrigeratorFreezerElectric RangeDisposalDishwasherVented Exhaust FanMicrowave

Questions & Answers

This 1-bedroom, 1-bathroom condo at 500 Cagney Lane is listed at $550,000 ($980/sqft). The estimated monthly payment is $3,482 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $541/month.

Key features include: Built in 1971, 5.94 acre lot, 2 parking spaces. Interior Features: Crown Molding, Trash Chute, Balcony.

This property is listed by GINA WAGNER.

GW

GINA WAGNER

License 01773406

Agent at Elevate Real Estate Agency dba Reliance Real Estate

Listed by Elevate Real Estate Agency dba Reliance Real Estate · Broker phone: (951) 280-9832 · Broker website

MLS# IV26179782· Source: California Regional Multiple Listing Service, Inc· 73 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 Cagney Lane #205, Newport Beach, CA 92663

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