506 W Oceanfront, Newport Beach CA, 92661

Active

506 W Oceanfront

Newport Beach CA, 92661

$1,118,000

$487.36 per sqft

Active

5 Beds

3 Baths

2,294 sqft

Commercial

Built in 2000

Listed by Dina Williams with Engel & Volkers Dana Point 949-433-2332

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.

OC24126158

MLSⓇ ID

June 20, 2024

Listed

November 22, 2024

Updated

Map

506 W Oceanfront
Newport Beach CA, 92661

Interior Features

Total Stories: 3
Bedrooms: 5
Total Bathrooms: 3
Full Bathrooms: 3
Interior Features: Breakfast Bar, Separate/Formal Dining Room, Furnished, Granite Counters, Walk-In Closet(s)
Appliances: Built-In Range, Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
Laundry Description: Inside
Floor Description: Carpet, Tile, Vinyl
Fireplace: Yes
Fireplace Description: Gas, Living Room, Primary Bedroom
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Central, Forced Air, Natural Gas

Exterior/Building Features

Lot Size: 0.05 Acres
Architectual Style: Contemporary, Patio Home
Sewer: Sewer Tap Paid

School Information

School District: Newport Mesa Unified

Other Property Details

Area Name: NP - Balboa Peninsula
Days on Market: 118
Garage: Yes
Garage Spaces: 2
Parking: Direct Access, Garage
Parking Total: 2
View: Yes
View Description: Coastline, Ocean, Panoramic
County: Orange
Water Source: Public
Pool: No
Pool Features: None
Waterfront: Yes

Listing History

Date	Event	Price
10/17/2024	Price change	$1,118,000 -3%
9/26/2024	Active	—
9/5/2024	Under contract	—
8/10/2024	Price change	$1,149,000 -3%
7/30/2024	Price change	$1,178,888 -2%
7/15/2024	Price change	$1,198,888 -1%

Listing Contact: 949-503-1180

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/22/2024 at 7:15 PM UTC