500 Cagney Lane 205
Newport Beach, CA 92663
Listing broker / agent: ELEVATE REAL ESTATE AGENCY · GINA WAGNER · 951-990-2309 · CRMLS
MLS # IV26179782 · Last checked Oct 22, 2026 07:49 UTC
About this property
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.
Property details
- MLS number
- IV26179782
- Status
- Active Under Contract (Backup)
- Type
- Residential
- Subtype
- Condominium
- Beds / baths
- 1 Beds • 1 Baths
- Living area
- 561 Sq Ft
- Lot size
- 5.9396 acres
- County
- Orange
- Year built
- 1971
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 46
Building
- Year built
- 1971
- Year built source
- Assessor
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Condition
- Updated Remodeled, Turnkey
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 1
- Main-level bathrooms
- 1
- Rooms
- Entry Foyer, Family Room, Kitchen, Laundry, Other
- 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
- Interior features
- Balcony, Ceiling Fans, Crown Molding, Eat In Kitchen, Elevator, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Trash Chute, Galley Kitchen, Walk In Closets
- Flooring
- Tile
- Cooling
- Evaporative Cooling
- Fireplace
- None
- Laundry
- Electric Dryer Hookup, Inside, Stacked
- Accessibility features
- Accessible Approach With Ramp
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 1
- Parking
- Assigned, Concrete, Direct Access, Electric Gate, Garage, Garage Door Opener, Guest, Gated
- Attached garage
- No
- Pool
- Community, Fenced, Gunite, Heated, In Ground, Association
- Spa
- Association, Community, Heated
- Patio / porch
- Concrete
- Lot features
- Close To Clubhouse, Garden, Landscaped
- Lot size source
- Assessor
- Fencing
- Excellent Condition, Security
- Property outlook
- Neighborhood, Ocean, Peek A Boo
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Not Available, Phone Available, Phone Not Available, Sewer Available, Sewer Connected, Water Available, Water Connected
- Community features
- Curbs, Hiking, Storm Drains, Street Lights, Sidewalks, Gated, Pool
- Association amenities
- Clubhouse, Fitness Center, Game Room, Pool, Sauna, Spa Hot Tub
Fees & lease terms
- Association
- Yes
- Association fee
- $540.88
- Association fee frequency
- Monthly
Schools reported in the listing
- High school district
- Newport Mesa Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Newport Heights Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach | K–6 | 0.8 mi |
| Horace Ensign Intermediate (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach | 7–8 | 1.0 mi |
| Whittier Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | Not reported | 1.1 mi |
| Newport Harbor High (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach | 9–12 | 1.2 mi |
| International School for Science and Culture (school website, opens in a new tab) Orange County Department of Education · Costa Mesa | K–8 | 1.5 mi |
| Newport Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach | Not reported | 1.6 mi |
| Mariners Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach | K–6 | 1.7 mi |
| Pomona Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | Not reported | 1.7 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $550,000
- MLS-reported original asking price
- $599,000
- MLS-reported previous asking price
- $585,000
- MLS-reported last price change
- 2026-09-07 18:16 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 10, 2026 03:12 | $550,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Newport Beach
Active residential homes for sale in Newport Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
30 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 08:34 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗