240 Nice Lane # 303, Newport Beach

$5,500

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2 Beds
2 Baths
1,581 Sqft
.72 Acre
1 Garage

Welcome to your exquisite Newport Beach retreat in the prestigious Villa Balboa! This expansive two-bedroom, two-bath penthouse condo is bathed in natural light and features soaring ceilings, recessed lighting, crown moldings, multiple skylights, and generous windows framing stunning views. Featuring a modern kitchen with sleek stainless steel appliances, including a Whirlpool refrigerator, KitchenAid dishwasher, gas oven, and built-in microwave.The kitchen opens seamlessly to a counter bar and adjacent dining area, perfect for entertaining. The spacious living room, filled with abundant light, offers a built-in gas fireplace and sliding doors leading to a wrap-around patio, ideal for enjoying the gentle ocean breeze. The primary suite with an attached luxurious bathroom features a Toto toilet/bidet combo, dual sinks, a deep soaking tub with shower, and ample storage, with both a mirrored closet and a walk-in closet.

Additional features include one secured, underground parking space, along with two parking passes. Villa Balboa’s exceptional amenities encompass pickleball and tennis courts, two swimming pools, a spa, BBQ area, clubhouse, fitness center, and controlled access gates. Conveniently located near pristine beaches, the Balboa Peninsula, award winning schools, and an array of shops and restaurants, this residence offers the perfect blend of elegance, comfort, and coastal living.

Essential Information

MLS® #
NP25044315
Price
$5,500
Bedrooms
2
Bathrooms
2.00
Full Baths
2
Square Footage
1,581
Acres
0.72
Year Built
1979
Type
Residential Lease
Sub-Type
Condominium
Status
Active

Community Information

Address
240 Nice Lane # 303
Area
N6 - Newport Heights
Subdivision
Villa Balboa (VBAL)
City
Newport Beach
County
Orange
Zip Code
92663

Amenities

Utilities
Association Dues
Parking Spaces
3
Parking
Community Structure
# of Garages
1
Garages
Community Structure
View
Neighborhood
Has Pool
Yes
Pool
Community, Association

Amenities

Fitness Center, Barbecue, Pickleball, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)

Interior

Heating
Central
Cooling
Central Air
Fireplace
Yes
Fireplaces
Living Room
# of Stories
1
Stories
One

Interior Features

Breakfast Bar, Cathedral Ceiling(s), Primary Suite, Walk-In Closet(s)

Appliances

Dishwasher, Gas Range, Refrigerator, Dryer, Washer, Built-In Range

School Information

District
Newport Mesa Unified
Elementary
Newport Heights
Middle
Ensign
High
Newport Harbor

Additional Information

Date Listed
March 3rd, 2025
Days on Market
103

Listing Details

Agent
Tori Rimlinger
Office
Compass
Property History
Price Reduced from $5,899 to $5,500
Price Reduced from $5,950 to $5,899
Price Reduced from $5,990 to $5,950
Price Reduced from $6,200 to $5,990
Price Reduced from $6,500 to $6,200

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Buyer Agent
Tori Rimlinger - Compass

Based on information from California Regional Multiple Listing Service, Inc. as of June 16th, 2025 at 5:42am PDT. 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.