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  1. Home/
  2. Newport Beach, CA/
  3. Villa Balboa (vbal)

Villa Balboa (vbal)

240 Nice Lane, Newport Beach, CA, 92663

0 Units for Sale

Aerial view of residential buildings near the coast with ocean in the background.View Listing
MLS ID #NP24221082
Aerial view of residential buildings near the coast with ocean in the background.View ListingMLS ID #NP24221082
Front view of a multi-story building with balconies and some construction scaffolding.View ListingMLS ID #OC25050718
Front view of a single-story building with a gabled roof and columns.View ListingMLS ID #OC25050718
Front view of a building with columns and a gable roof surrounded by palm trees.View ListingMLS ID #NP24221082
YearBuilt

Year Built

1979

Stories

# Stories

1

#TotalUnits

# Total Units

21
UnitSizeRange

Unit Size Range

911-1,761 sqft

UnitDemand

Unit Demand

Stories

-

UnitAvailability

Unit Availability

Stories

-


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.

Aerial view of residential buildings near the coast with ocean in the background.View Listing
MLS ID #NP24221082
Aerial view of residential buildings near the coast with ocean in the background.View ListingMLS ID #NP24221082
Front view of a multi-story building with balconies and some construction scaffolding.View ListingMLS ID #OC25050718
Front view of a single-story building with a gabled roof and columns.View ListingMLS ID #OC25050718
Front view of a building with columns and a gable roof surrounded by palm trees.View ListingMLS ID #NP24221082

Amenities

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.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

Villa Balboa prides itself on fostering a friendly and welcoming community. While specific building policies can vary, the focus is on creating a harmonious living environment for all residents.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

Loading...

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

Avg. List Price
$1,019,000 ($838/Sqft.)
Year-Over-Year List Price
Down Arrow 2.30%
Total Listings
Listings2
Avg. Days On Market
Calendar97
Avg. Sale Price
$969,667 ($841/Sqft.)
Year-Over-Year Sale Price
Down Arrow 11.85%
Total Sold
Sold3
Avg. HOA Fees/Sqft
$2 /monthly

Demographics For all Villa Balboa listings

AVERAGE RESIDENT AGE

41 years old

AVERAGE HOUSEHOLD INCOME

$117,195/year

AVERAGE HOUSEHOLD COMPOSITION

2 People

Star IconWhat to know about Villa Balboa demographics:

  • Approximately 34.3% of adults hold a bachelor's degree or higher.
  • The average age of residents is around 41 years.
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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.

Life at Villa Balboa (vbal):

Life at Villa Balboa is vibrant and engaging. Imagine waking up to the gentle ocean breeze, taking a stroll along the sunny sidewalks, and making your way to nearby parks or the beach. The laid-back lifestyle of Newport Beach is at your doorstep, offering a perfect blend of relaxation and excitement. This community is geared toward an active lifestyle, whether it’s jogging along the trails or enjoying water sports just moments away.

  1. Home/
  2. Newport Beach, CA/
  3. Villa Balboa (vbal)
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