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Newport Beach, CA

$899,000

506 W Oceanfront 2, Newport Beach, CA
5
Beds
3
Baths
2,294
Sq Ft
2000
Built
640
Days listed

About this home

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.

Facts & features

Interior
Bedrooms
5
Bathrooms
3 full, 0 half
Living area
2,294 sq ft
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
Fireplace
Gas, Living Room
Heating
Central, Forced Air
Laundry
Inside
Levels
Multi Split
Spa
None
Exterior & lot
Lot size
0.048 acres (2,100 sq ft)
Pool
None
View
Coastline, Ocean, Panoramic
Architectural style
Contemporary
Year built
2000
Parking
Door Multi, Direct Access, Garage
Parking spaces
2
Community
Area
NP - Balboa Peninsula
County
Orange
Listing details
Status
Active
Property type
Residential
Days on market
640
Listed
2024-09-25
Original price
$1,199,000
Parcel #
04807310
MLS #
24445141
Listed by
Maxx Rifkin · Pacaso Inc.

Location

Price history

Listed
$1,199,000 · 2024-09-25
Price reduced
$899,000 (−$300,000)
Days on market
640
Current price
$899,000
Financing

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Estimated monthly payment
$5,640
$4,546 principal & interest · $1,094 taxes & insurance
$179,800
Estimate only
Loan $719,200

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Estimated value range nearby
$2,364,936$2,776,229

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Listing data provided by CRMLS

Listing courtesy of Pacaso Inc.. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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