Sold
506 Harbor Island Drive sold on June 18, 2024 for $9,458,750, 3.5% below the $9,800,000 asking price after 14 days on the market. The buyer paid cash. The details are below for reference.
506 Harbor Island Drive, Newport Beach, CA 92660
- 3 beds
- 5 baths
- 3,523 sq ft
- 5,000 sq ft lot
- Built 1977
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$9,458,750
The home
About 506 Harbor Island Drive
This stunning soft contemporary bay front home boasts one of the best view and bay locations on Promontory Bay in Newport Harbor. Promontory Bay is a sought after bay & beach community in a central Newport Beach location within close proximity to fine dining, Bayside shopping center, Balboa Island and renowned Fashion Island shopping and Newport Center. This architectural gem boasts soaring ceilings, single lite French doors and clerestory windows creating an indoor / outdoor ambiance and an abundance of natural light throughout the home. Approximately 3523 square feet of living area includes a bay front living area with wet bar and great room, formal dining, breakfast room, gourmet kitchen with island, interior laundry room, 3 bedrooms total all ensuite, a primary retreat and an at home office. The generous 5000 square foot lot offers a welcoming courtyard entry as well as a fabulous bay fronting stone terrace complete with a built in stainless barbecue and a near new private dock for large yacht and additional tenders. The monochromatic decor features quality appointments and materials throughout including limestone, granite, and warm woods.
Property details for 506 Harbor Island Drive
This 3-bedroom, 5-bath single-family home sits in the Promontory Bay Custom neighborhood of Newport Beach in Orange County. It has 3,523 square feet of living space on a 5,000-square-foot lot. The home was built in 1977. The MLS record lists the assessor parcel number as 050-421-37. Highlights include harbor and bay views, bay frontage, a fireplace, an attached two-car garage, and central air.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP24075026
- Year Built
- 1977
- Living Area (sq ft)
- 3,523
- Living Area Source
- Public Records
- Lot Size (sq ft)
- 5,000
- Lot Size (acres)
- 0.1148
- Levels
- Multi Split
- Bedrooms
- 3
- Full Baths
- 3
- Half Baths
- 2
- Garage Spaces
- 2
- Parking Spaces
- 4
- View
- Bay, Harbor
- HOA Dues
- $460
- HOA Frequency
- Annually
- HOA Name
- Promontory Bay
- Parcel Number
- 05042137
- On Market Date
- 2024-04-21
- Listing Terms
- Standard
- HOA fees
- $38.33 monthly
Interior Features
- Interior Features
- Wet Bar, Breakfast Bar, Breakfast Area, Cathedral Ceilings, Separate Formal Dining Room, High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, All Bedrooms Up, Entrance Foyer, Walk In Closets
- Appliances
- Barbecue, Double Oven, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Gas Starter, Great Room, Primary Bedroom
- Laundry
- Laundry Room
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Wood Frames
Exterior Features
- Exterior Features
- Barbecue, Boat Slip, Dock
- Lot Features
- Landscaped, Rectangular Lot, Street Level
- Parking
- Direct Access, Driveway Level, Driveway, Garage Faces Front, Garage, Garage Door Opener
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Units
- 1
Community Features
- Subdivision
- Promontory Bay Custom (PBCS)
- Community Features
- Biking, Curbs, Fishing, Gutters, Sidewalks
- Association Amenities
- Picnic Area
The record
Property History for 506 Harbor Island Drive
| Date | Event | Price | Note |
|---|---|---|---|
| Jun 18, 2024 | Sold | $9,458,750 | |
| Jun 11, 2024 | Status changed to Pending | From Active Under Contract | |
| May 7, 2024 | Status changed to Active Under Contract | From Active | |
| Apr 21, 2024 | Listed for sale | $9,800,000 |
No prior MLS sales on record for this home since 2012.
Next steps
Looking for something similar
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The neighborhood
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.
Newport Beach home sales, past 12 months
- Homes sold
- 462
- Median price
- $4,354,000
- Median days on market
- 22
- Median per sq ft
- $1,602
Recorded MLS closings of single-family homes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Recent Newport Beach sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1000 Dover Drive | Nov 4, 2026 | $3,575,000 | 2,883 | $1,240 | 18 |
| 20141 Spruce | Nov 4, 2026 | $5,500,000 | 4,540 | $1,211 | 5 |
| 306 Alvarado Place | Nov 4, 2026 | $2,699,000 | 1,033 | $2,613 | 207 |
| 2012 Nautilus Lane | Nov 3, 2026 | $4,100,000 | 3,026 | $1,355 | 12 |
| 205 Via Lido Soud | Nov 3, 2026 | $9,646,120 | 3,282 | $2,939 | 73 |
See 1 home for sale in Promontory Bay Custom Newport Beach housing market
Schools
School District for 506 Harbor Island Drive
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Debra Bibb of Pacific Sotheby's Int'l Realty
Listing information updated Jun 20, 2024 at 6:20 PM PT. Source: CRMLS.
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. The 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, the 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.