Location! Location! Location! This deluxe condo is located in the Villa Balboa Community . Enjoy a few minutes walk to the beach or to Lido Marina Village. This 2 bed 2 bath home that is spacious, bright, & airy. There is so much natural light that lighting is rarely needed during the day. With the windows open, you will enjoy a cool ocean breeze during the summer, & very mild winter; The AC or heater is rarely needed. This inviting home is nearly 1660 sqft. It is extremely private & equipped with covered balcony and a peek-a-boo ocean view. The Great room has a gas fireplace that adds a cozy ambiance, which is ideal for entertaining & enjoying quiet time. The open floorplan flows naturally into a large dining room .,The bedroom wing ends in a huge master bedroom & a second bedroom for guests or an office. The master bedroom has large walk-in closets. Villa Balboa is a gated community, with spacious greenbelts that create a park-like ambiance. The community has two pools with spas & BBQs, a large clubhouse with a kitchen & meeting room, & a gym with treadmills & bicycles, free weights & machines. There are two tennis courts, 24-hour security, & ample guest parking. HOA fees pay for hot & cold water, natural gas, garbage, & two garage parking places with a storage locker. This is your chance to own one of the best values in Newport Beach! Experience all that Newport Beach has to offer, & make 270 Cagney Lane #203 your own personal oasis.