Villa Balboa (vbal)

240 Nice Lane, Newport Beach, CA, 92663

Units for Sale

Aerial view of residential buildings near the coast with ocean in the background.

View Listing

MLS ID #NP24221082

View Listing MLS ID #NP24221082

Front view of a multi-story building with balconies and some construction scaffolding.

View Listing MLS ID #OC25050718

Front view of a single-story building with a gabled roof and columns.

View Listing MLS ID #OC25050718

Front view of a building with columns and a gable roof surrounded by palm trees.

View Listing MLS ID #NP24221082

Year Built

1979

# Stories

# Total Units

Unit Size Range

911-1,761 sqft

Unit Demand

Unit Availability

About Villa Balboa (vbal)

Villa Balboa is a distinctive property located at 240 Nice Lane, offering single-story condo living in an urban environment. Constructed in 1979, this development provides a mix of 1, 2, and 3-bedroom units. Emphasizing convenience and recreation, Villa Balboa features a variety of amenities, including a fitness center, tennis courts, and a clubhouse. Residents can enjoy leisure activities with access to a swimming pool, spa hot tub, pickleball courts, and sport courts for diverse recreation choices. Golf enthusiasts can also take advantage of the nearby golf facilities. Designed to enhance outdoor living, the property boasts a barbecue area, picnic spots, and an outdoor cooking area. Villa Balboa is well equipped for social gatherings with a meeting room and banquet facilities. Safety and security are also prioritized, with features such as street lights and a guard. Additionally, the property is surrounded by well-maintained sidewalks and storm drains, ensuring a pleasant and functional environment. Villa Balboa takes advantage of its proximity to water sports activities and scenic trails, enrichening urban dwelling. Unit prices range from $1,250,000 to $1,325,000, reflecting the desirability and abundant amenities this property offers.

View Listing

MLS ID #NP24221082

View Listing MLS ID #NP24221082

View Listing MLS ID #OC25050718

View Listing MLS ID #NP24221082

Amenities

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

Pets Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

Villa Balboa (vbal) Market Report (last 12 months)

Avg. List Price

$1,193,000 ($858/Sqft.)

Year-Over-Year List Price

0.19%

Total Listings

Avg. Days On Market

Avg. Sale Price

$1,141,334 ($820/Sqft.)

Year-Over-Year Sale Price

0.09%

Total Sold

Avg. HOA Fees/Sqft

$2 /monthly

Get the HelloCondo Newsletter

Real-estate tips, insights, and market reports in your inbox.

Living in Villa Balboa (vbal)

Condo Living at Villa Balboa (vbal), located at 240 NICE LANE,NEWPORT BEACH,CA:

Welcome to Villa Balboa, a charming condo community nestled in the heart of Newport Beach. With its picturesque location, this building was constructed in 1979 and boasts a cozy, one-story layout, making it a manageable and welcoming option for first-time buyers. Each of the 21 units comes with a variety of potential sizes, ranging from approximately 911 to 1,761 square feet, catering to different lifestyle needs and budget considerations.

Building Features and Unit Availability:

While there are currently no units available for sale in Villa Balboa, the interest in this community remains high, making it a hot spot for potential homeowners. The average closed price for a condo here hovers around $1,141,334, with an average price per square foot of $820. The absorption rate in this building reflects the community's desirability, especially with a low median of 98 days on the market for sold properties.

Amenities You'll Love:

Living at Villa Balboa means you have access to an impressive list of amenities that will keep you entertained and active. Picture sunny afternoons by the pool, or gathering with friends for a barbecue in one of the outdoor cooking areas. Fitness enthusiasts will appreciate the on-site fitness center, while those looking to unwind can find solace in the spa or sauna. If you're a sports lover, there are tennis courts and pickleball options nearby. The recreation room and clubhouse offer great spaces for social gatherings, ensuring that you can easily connect with your neighbors.

Condo Markets