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

506 West Oceanfront # 2

^$ 1,140,000

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506 West Oceanfront # 2

Newport Beach, CA, 92661

^$ 1,140,000

Bedrooms5 Baths3.0 Sq 2,294

Monthly Estimate*

^$ 7,112

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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 0.05.

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

Contemporary

Lot Size

0.05

Year Built

2000

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

0024445141

Features

General

Living Area 2294.0

Heating Forced Air Central

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

Architectural Style Contemporary

3/4 Baths 0

Full Baths 3

Half Baths 0

Year Built 2000

View Panoramic White Water Coastline Ocean

Levels Multi/Split

County Orange

New Construction No

Property Type A

Association Amenities Gas

HOA No

Attached Garage Yes

Facing Direction West

Status Active

City Newport Beach

Entry Location Ground Level - no steps

Senior Community Y/N No

MLS Area NP - Balboa Peninsula

Lot Size Units Square Feet

Lot Size Square Feet 2100.0

Property Attached Y/N No

Property Condition Updated/Remodeled

Additional Parcels Y/N No

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

Structure Type None

Standard Status Active

Year Built Source Other

Interior

Interior Amenities Furnished Storage Crown Molding Living Room Balcony Recessed Lighting Ceiling Fan(s) Open Floorplan

Flooring Tile Carpet

Kitchen Appliances Dishwasher Disposal Microwave Range Oven Barbecue Gas Range Refrigerator

Fireplace Features Living Room

Total Stories 3

Common Walls No Common Walls

Heating Y/N Yes

Window Features Blinds Bay Window(s)

Fireplace Y/N Yes

Total Bathrooms 3.0

Laundry Features Inside Washer Included Dryer Included

Entry Level 1

Total Baths 3

Total Bedrooms 5

Exterior

Parking Features Direct Garage Access

Water Source Public

Lot Size Area 2100.0

Spa No

Pool Y/N? No

Building Area Total 2294.0

Lot Dimensions 30x70

Lot Size Acres 0.05

Land Lease Type Fee

* Excluded Features

List By

Jacob Karp

Listing Agent

Pacaso Inc.

Broker

Affordability Calculator

$7,112

Per Month

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

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Yearly Home Insurance

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 ^$6,421,459

Percent of Sale Price 463%

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/4/2025	$1,140,000	-2.56%	Price Down
12/18/2024	$1,170,000	-2.42%	Price Down
9/26/2024	$1,199,000		Listed Price

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506 West 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 0.05. 506 West 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 10/24/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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506 West Oceanfront # 2

Single Family Home for sale in Newport Beach, CA

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