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

For Sale|Single Family ResidenceActive Under Contract

500 Harbor Island Drive, Newport Beach, CA 92660

  • 4 beds
  • 5 baths
  • 4,440 sq ft
  • 5,001 sq ft lot
  • Built 1973

MLS# NP26126679 · Listed Jun 15, 2026 · 117 Days On Site

Subdivision Promontory Bay Custom

The home

About 500 Harbor Island Drive

PRICE REDUCED!! Commanding a premier bayfront setting within one of Newport Harbor's most coveted waterfront communities, 500 Harbor Island Drive offers an extraordinary blend of contemporary architecture, refined designer finishes, and effortless indoor-outdoor living. Boasting approximately 53 feet of water frontage and a private 40-foot dock accommodating up to a 55-foot vessel and three vessels total, the property captures the very best of Newport Beach waterfront living. Spanning approximately 4,440 square feet, the residence features four en-suite bedrooms, four-and-one-half bathrooms, and a thoughtfully designed floorplan for both grand entertaining and everyday living. A dramatic double-height entry introduces the home's sophisticated aesthetic, highlighted by a floating staircase with stainless-steel railings, expansive walls of glass, wide-plank wood flooring, and a Tom Dixon statement chandelier. The main living areas are oriented toward the water, creating a seamless connection to the bayfront terrace beyond. Designed for entertaining, the outdoor living space features an in-ground spa, outdoor fireplace, and areas for dining and lounging while overlooking the harbor and passing yachts. The gourmet kitchen serves as the heart of the home, appointed with waterfall-edge onyx countertops, custom cabinetry, Wolf appliances, a built-in Sub-Zero refrigerator, Sub-Zero wine refrigeration, a wet bar, and island seating. Adjacent dining and living spaces open directly to the waterfront and are complemented by a custom Bocci chandelier featuring hand-blown glass. A desirable main-level en-suite bedroom provides flexibility for guests or multigenerational living. Upstairs, the primary suite enjoys harbor views, a private waterfront balcony, wardrobe storage, and a spa-inspired bath with a freestanding soaking tub, walk-in shower, and designer Foscarini lighting. Two additional en-suite bedrooms, a secondary laundry area, and a spacious bonus room with a fireplace and wet bar complete the upper level. Additional amenities include custom built-ins, skylights, Restoration Hardware lighting, specialty tile from Artistic Tile and Tilebar, a Murphy bed, solar-assisted climate control, security and video surveillance, and an attached three-car garage. Residents enjoy close proximity to Balboa Island, Balboa Yacht Club, Newport Beach Yacht Club, Lido Marina Village, Fashion Island, award-winning schools, championship golf, and Newport Beach's coastline.

Property details for 500 Harbor Island Drive

This 4-bedroom, 5-bath single-family home sits in the Promontory Bay Custom neighborhood of Newport Beach in Orange County. It offers 4,440 square feet of living space and is listed at $9,628,000, about $2,168 per square foot. The home was built in 1973. The MLS record lists the assessor parcel number as 050-421-38. Highlights include harbor and panoramic views, bay frontage, a private spa, a fireplace, an attached three-car garage, and a 5,001-square-foot lot. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Specifications

Home Details

At a glance

Price
$9,628,000
Days On Site
117 Days
Bedrooms
4
Inside Area (SqFt)
4,440 sqft
Total Baths
5
Full Baths
4
Partial Baths
1
Lot Size
5,001 SqFt
Year Built
1973
MLS® Number
NP26126679
Status
Active Under Contract
Property Tax
N/A
HOA/Condo/Coop Fees
$45.83 monthly
Sq Ft Source
Assessor

General Features

Property Type
Single Family Residence
MLS Number
NP26126679
Year Built
1973
Living Area (sq ft)
4,440
Living Area Source
Assessor
Lot Size (sq ft)
5,000
Lot Size (acres)
0.1148
Levels
Two
Bedrooms
4
Full Baths
4
Half Baths
1
Garage Spaces
3
Parking Spaces
3
View
Harbor, Panoramic, Water
HOA Dues
$550
HOA Frequency
Annually
HOA Name
Promotory Bay Community Association
Parcel Number
05042138
On Market Date
2026-06-15
Listing Terms
Standard

Interior Features

Interior Features
Breakfast Bar, Built In Features, Balcony, Ceiling Fans, Separate Formal Dining Room, Eat In Kitchen, Living Room Deck Attached, Multiple Staircases, Pantry, Recessed Lighting, Bedroom On Main Level, Walk In Pantry
Appliances
Six Burner Stove, Built In Range, Double Oven, Gas Cooktop, Microwave, Refrigerator, Range Hood
Flooring
Tile, Wood
Heating
Central
Cooling
Central Air
Fireplace
Living Room, Primary Bedroom, Recreation Room
Laundry
Inside, Laundry Room, Upper Level
Main Level Bedrooms
1
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls
Rooms
Entry Foyer, Bathroom, Kitchen, Dining Room, Pantry, Laundry, Living Room, Bedroom, Media Room, Primary Bathroom

Exterior Features

Exterior Features
Boat Slip
Lot Features
Zero To One Unit Acre
Patio and Porch
Deck
Parking
Driveway, Garage
Pool Features
None
Spa
In Ground, Private
Sewer
Public Sewer
Water
Public
Units
1

Community Features

Subdivision
Promontory Bay Custom (PBCS)
Community Features
Biking, Street Lights, Sidewalks, Water Sports
Association Amenities
Management
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 500 Harbor Island Drive

DateEventPriceNote
Sep 30, 2026 Status changed to Active Under Contract From Active
Jun 15, 2026 Relisted $9,895,000

Price and status changes recorded since Sep 26, 2026.

No prior MLS sales on record for this home since 2012.

Cost of ownership

Estimated monthly payment

7.28% · 30-yr fixed
$
$74,418/mo
10% down · 30-year fixed · $962,800 down
Principal & interest$59,288
Mortgage insurance (est., over 80% LTV)$3,611
Property tax (est. 1.08%)$8,665
Home insurance (rough est., varies widely)$2,808
HOA from listing$46
$64,220/mo
20% down · 30-year fixed · $1,925,600 down
Principal & interest$52,701
Property tax (est. 1.08%)$8,665
Home insurance (rough est., varies widely)$2,808
HOA from listing$46
$57,632/mo
30% down · 30-year fixed · $2,888,400 down
Principal & interest$46,113
Property tax (est. 1.08%)$8,665
Home insurance (rough est., varies widely)$2,808
HOA from listing$46
Estimated carrying cost
$11,519/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$8,665
Home insurance (rough est., varies widely)$2,808
HOA from listing$46

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.28% (week of Oct 1, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. 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.

Next steps

Buying 500 Harbor Island Drive

Want to see 500 Harbor Island Drive in person? We have guided buyers through Promontory Bay Custom and the wider Newport Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

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Selling near 500 Harbor Island Drive

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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
468
Median price
$4,300,000
Median days on market
22
Median per sq ft
$1,618

Recorded MLS closings of single-family homes, Oct 3, 2025 to Oct 3, 2026. Days on market run from listing to going under contract.

Price per square foot against recent Newport Beach sales

This home, asking 12-month median Recent sales, listed below

At $2,168 per square foot, this home's asking price is 34% above the Newport Beach median of $1,618 for single-family homes that closed in the past 12 months.

Recent Newport Beach sales

AddressClosedPriceSq ftPer sq ftDays on market
218 Evening Star Oct 2, 2026 $8,500,000 4,500 $1,889 70
8 Beacon Bay Oct 1, 2026 $13,330,000 5,129 $2,599 11
206 40th Street Oct 1, 2026 $2,200,000 720 $3,056 0
2285 Tustin Avenue Sep 30, 2026 $2,999,000 2,707 $1,108 8
16 Regents Sep 30, 2026 $4,495,000 3,153 $1,426 30

Schools

School District for 500 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.

Location

Location

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Listed by Timothy Carr of Pacific Sotheby's Int'l Realty

Listing information updated Sep 30, 2026 at 3:14 PM PT. Source: CRMLS.

Call (949) 494-8830