REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS

506 W Oceanfront 2, Newport Beach, CA 92661

$899,000
732 Days On Site

Est. $5,832/mo with 20% down, 30-year fixed

Beds
5
Baths
3
Sq Ft
2,294
Per Sq Ft
$392
Built
2000
Garage
2-car

For Sale|ResidentialActive

Call Clark Smith (949) 494-8830

About 506 W Oceanfront 2

New Co-Ownership Opportunity: New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home. Balboa Sands sits directly on West Oceanfront, where the Balboa Peninsula boardwalk runs along the front of the property and the Pacific stretches out beyond. The three-story white exterior with glass-railed balconies at every level is immediately recognizable on this stretch of coast.The main floor opens through a white Dutch door to the boardwalk and beach beyond, with an open plan living area centered on a stone fireplace and floor-to-ceiling windows framing the ocean. The kitchen has white cabinetry, tan granite countertops, stainless appliances and a breakfast bar with woven seating. Glass doors lead directly to the oceanfront patio, where the sand is just steps away. The primary bedroom has sliding doors to a private balcony with unobstructed Pacific and Catalina views, and an en suite bath with dual sinks and a tiled shower.The rooftop sun deck is Balboa Sands' highest point, with panoramic views of the Pacific, Catalina Island and the Newport Harbor coastline stretching in every direction. A bonus room just below gives the top floor a flexible, unhurried quality suited to longer stays. The Balboa Peninsula's bike path, the Balboa Pier and the shops and restaurants along Balboa Boulevard are all within easy reach.Balboa Sands is professionally designed, appointed and managed by Pacaso. Owners arrive to find everything ready, with nothing left to arrange before the stay begins.

Property details for 506 W Oceanfront 2

This 5-bedroom, 3-bath home sits in Newport Beach in Orange County. It offers 2,294 square feet of living space and is listed at $899,000, about $392 per square foot. The home was built in 2000. The MLS record lists the assessor parcel number as 048-073-10. Highlights include ocean and coastline views, a fireplace, an attached two-car garage, an updated home, and contemporary architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Home Details

Price
$899,000
Days On Site
732 Days
Bedrooms
5
Inside Area (SqFt)
2,294 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
N/A
Year Built
2000
MLS® Number
24445141
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

General Features

MLS Number
24445141
Year Built
2000
Living Area (sq ft)
2,294
Lot Size (sq ft)
2,100
Lot Size (acres)
0.0482
Levels
Multi Split
Bedrooms
5
Full Baths
3
Garage Spaces
2
Parking Spaces
2
View
Coastline, Ocean, Panoramic
Parcel Number
04807310
On Market Date
2024-09-25
Listing Terms
Standard

Interior Features

Interior Features
Breakfast Bar, Balcony, Ceiling Fans, Crown Molding, Separate Formal Dining Room, Furnished, Open Floorplan, Recessed Lighting, Storage, Walk In Closets
Appliances
Barbecue, Dishwasher, Disposal, Gas Range, Microwave, Oven, Range, Refrigerator, Dryer, Washer
Flooring
Carpet, Tile
Heating
Central, Forced Air
Fireplace
Gas, Living Room
Laundry
Inside
Entry Level
1
Common Walls
No Common Walls
Windows
Blinds, Bay Windows
Furnished
Furnished
Rooms
Primary Bathroom, Other, Dining Room, Entry Foyer, Bonus Room, Living Room, Family Room

Exterior Features

Architectural Style
Contemporary
Patio and Porch
Concrete, Covered, Deck, Front Porch, Glass Enclosed, Open, Patio, Porch, Tile
Parking
Door Multi, Direct Access, Garage
Pool Features
None
Spa
None
Water
Public
Condition
Updated Remodeled
Faces
West

Property History for 506 W Oceanfront 2

DateEventPriceNote
Sep 25, 2024 Listed for sale $1,199,000

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

Estimated monthly payment

6.95% · 30-yr fixed
$
$6,764/mo
10% down · 30-year fixed · $89,900 down
Principal & interest$5,356
Mortgage insurance (est., over 80% LTV)$337
Property tax (est. 1.08%)$809
Home insurance (rough est., varies widely)$262
HOANot reported, not included
$5,832/mo
20% down · 30-year fixed · $179,800 down
Principal & interest$4,761
Property tax (est. 1.08%)$809
Home insurance (rough est., varies widely)$262
HOANot reported, not included
$5,237/mo
30% down · 30-year fixed · $269,700 down
Principal & interest$4,166
Property tax (est. 1.08%)$809
Home insurance (rough est., varies widely)$262
HOANot reported, not included
Estimated carrying cost
$1,071/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$809
Home insurance (rough est., varies widely)$262
HOANot reported, not included

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.95% (week of Sep 17, 2026); your rate will differ. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.

Buying 506 W Oceanfront 2

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Selling near 506 W Oceanfront 2

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Location

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Listed by Maxx Rifkin of Pacaso Inc.

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