Sold
506 W Oceanfront sold on December 16, 2024 for $1,071,500, 4.2% below the $1,118,000 asking price after 205 days on the market, including an earlier listing; it was first listed at $1,199,000. The details are below for reference.
506 W Oceanfront, Newport Beach, CA 92661
- 5 beds
- 3 baths
- 2,294 sq ft
- Built 2000
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$1,071,500
The home
About 506 W Oceanfront
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.
Property details for 506 W Oceanfront
This 5-bedroom, 3-bath home sits in Newport Beach in Orange County. It has 2,294 square feet of living space. The home was built in 2000. The MLS record lists the assessor parcel number as 048-073-10. Highlights include ocean and coastline views, ocean frontage, a fireplace, an attached two-car garage, central air, and contemporary architecture.
Specifications
Home Details
General Features
- Property Type
- Co Ownership
- MLS Number
- OC24126158
- Year Built
- 2000
- Living Area (sq ft)
- 2,294
- Living Area Source
- Assessor
- 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
- 2024-06-20
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Separate Formal Dining Room, Furnished, Granite Counters, Walk In Closets
- Appliances
- Built In Range, Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
- Flooring
- Carpet, Tile, Vinyl
- Heating
- Central, Forced Air, Natural Gas
- Cooling
- Central Air
- Fireplace
- Gas, Living Room, Primary Bedroom
- Laundry
- Inside
- Entry Level
- 1
- Common Walls
- No Common Walls
- Accessibility
- None
Exterior Features
- Architectural Style
- Contemporary, Patio Home
- Patio and Porch
- Deck, Patio
- Parking
- Direct Access, Garage
- Pool Features
- None
- Spa
- None
- Sewer
- Sewer Tap Paid
- Water
- Public
- Units
- 1
Community Features
- Community Features
- Curbs, Street Lights
The record
Property History for 506 W Oceanfront
| Date | Event | Price | Note |
|---|---|---|---|
| Dec 16, 2024 | Sold | $1,071,500 | |
| Dec 7, 2024 | Status changed to Active Under Contract | From Active | |
| Oct 16, 2024 | Price reduced | $1,118,000 | From $1,149,000 |
| Sep 25, 2024 | Status changed to Active | From Active Under Contract | |
| Sep 5, 2024 | Status changed to Active Under Contract | From Active | |
| Aug 9, 2024 | Price reduced | $1,149,000 | From $1,178,888 |
| Jul 29, 2024 | Price reduced | $1,178,888 | From $1,198,888 |
| Jul 15, 2024 | Price reduced | $1,198,888 | From $1,199,000 |
| Jun 20, 2024 | Relisted | $1,199,000 | |
| Mar 14, 2022 | Sold | $6,800,000 | RE/MAX TerraSol |
| Apr 15, 2019 | Sold | $4,865,000 | Beach City Brokers |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 506 W Oceanfront
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0381K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 22 of 22 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 22 of 22. DSL: AT&T, up to 10 Mbps, at 1 of 22.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628004026, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.9 miles away (Tesla Destination, 1 Level 2 port). 156 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
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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.
Schools
School District for 506 W Oceanfront
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 Dina Williams of Engel & Volkers Dana Point
Listing information updated Dec 18, 2024 at 9:48 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.