506 W Oceanfront 2 Newport Beach, CA ^$ 1,140,000

506 W Oceanfront 2

^$ 1,140,000

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506 W Oceanfront 2

Newport Beach, CA, 92661

^$ 1,140,000

Bedrooms5 Baths3.0 Sq 2,294

Monthly Estimate*

^$ 7,112

Listed by Pacaso Inc.

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Single Family Home for sale in Newport Beach, CA

for $1,140,000 with 5 bedrooms and 3 full baths. This 2,294 square foot home was built in 2000 on a lot size of 0.0482.

New Co-Ownership Opportunity: New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home. Just steps from the sand, this Balboa Peninsula home offers spectacular views of the Pacific and Catalina. Enter through the Dutch front door to an open plan living area featuring a fireplace, an inviting dining area and glass doors to the oceanfront patio. The adjoining kitchen has a peninsula with a breakfast bar, granite countertops, a built-in fridge and loads of storage space.The spacious primary suite has a balcony perfect for catching the sun setting over the water, plus a fireplace and an en suite bathroom with dual sinks and a tiled shower. Down the hall are four guest bedrooms, and the home is topped by a bonus room and sun deck. The home comes fully furnished and professionally decorated.

Single Family Active

Price

^$ 1,140,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Lot Size

0.0482

Year Built

2000

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

24445141

Days on Market

450

Features

General

Living Area 2294

Heating Central Forced Air

Appliances Barbecue Dishwasher Disposal Gas Range Microwave Oven Range Refrigerator Dryer Washer

Garage Spaces 2

Patio/Porch Features Concrete Covered Deck Front Porch Glass Enclosed Open Patio Porch Tile

Architectural Style Contemporary

Pool Features None

Year Built 2000

View Coastline Ocean Panoramic

Levels Multi/Split

Unit Number 2

County Orange

New Construction false

Property Type Residential

HOA false

Attached Garage true

Facing Direction West

Garage Y/N true

Full Baths 3

Special Listing Conditions Standard

Status Active

Directions South on Balboa Blvd. and then turn right on Island Ave.

City Newport Beach

Entry Location Ground Level - no steps

Senior Community Y/N false

MLS Area NP - Balboa Peninsula

Lot Size Units Square Feet

Lot Size Square Feet 2100

Spa Features None

Property Attached Y/N false

Property Condition Updated/Remodeled

Additional Parcels Y/N false

Lease Considered Y/N false

Virtual Tour https://my.matterport.com/show/?m=V3whiFvxFWe

Standard Status Active

Year Built Source Other

Interior

Interior Amenities Breakfast Bar Balcony Ceiling Fan(s) Crown Molding Separate/Formal Dining Room Furnished Open Floorplan Recessed Lighting Storage Walk-In Closet(s)

Flooring Carpet Tile

Furnished Y/N Furnished

Fireplace Features Gas Living Room

Total Stories 3

Common Walls No Common Walls

Heating Y/N true

Window Features Blinds Bay Window(s)

Fireplace Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features Inside

Total Bedrooms 5

Entry Level 1

Total Baths 3

Exterior

Parking Features Door-Multi Direct Access Garage

Water Source Public

Total Parking 2

Lot Size Area 2100

Spa false

Building Area Total 2294

Lot Dimensions 30x70

Lot Size Acres 0.0482

Private Pool false

* Excluded Features

List By

Pacaso Inc.

Broker

mls@pacaso.com

Affordability Calculator

$7,112

Per Month

Monthly Principal & Interest: $7,112
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Newport Beach, CA

Average List Price ^$6,455,844

Percent of Sale Price 466%

About Newport Beach, CA

87,617 Population

11% Since 2002

^$123,504 Median Income

45.15 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/25/2025	$1,140,000		Listed Price

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506 W Oceanfront 2, Newport Beach, CA, 92661 is a Single Family Home for sale at $1,140,000 with 2,294 sqft and a lot size of 0.0482. 506 W Oceanfront 2 has 5 bedrooms, 3.0 baths, and was built in 2000. The property's zip code is 92661 which is in Newport Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/19/2025. 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.

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506 W Oceanfront 2

Single Family Home for sale in Newport Beach, CA

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