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

October 31, 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 10/31/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/31/2024 at 11:16 AM UTC

 

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