New Co-Ownership Opportunity: 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
Price:
$1,140,000
MLS #:
24445141
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Neighborhood:
npbalboapeninsula
Listed Date:
Dec 1, 2025
Finished Sq Ft:
2,294
Total Sq Ft:
2,294
Lot Size:
2,100 sqft / 0.05 acres (approx)
Year Built:
2000
See this Listing
Schools
Interior
Appliances
DW, GD, MW, RF, GR, BBQ, OV, RA
Bathrooms
3 Full Bathrooms
Flooring
TILE, CARP
Heating
FA, CF
Laundry Features
IN, DINC, WINC
Exterior
Architectural Style
CNT
Parking Spots
2
Financial
Map
Community
- Address506 W Oceanfront #2 Newport Beach CA
- CityNewport Beach
- CountyOrange
- Zip Code92661
Subdivisions in Newport Beach
- Back Bay Custom Homes BBCS
- Balboa Coves BLCV
- Balboa Island – Collins Island BALC
- Balboa Island – Little Island BALL
- Balboa Island – Main Island BALM
- Balboa Peninsula Point BLPP
- Balboa Peninsula Residential BALP
- Baycrest North BCNO
- Baycrest South BCSO
- Bayridge BRID
- Bayshores BSHR
- Bayside Village BAYV
- Bayview Terrace BVTR
- Beacon Bay BEAC
- Belcourt Hill BLHL
- Belcourt Terrace BLTR
- Big Canyon Broadmoor BCBM
- Big Canyon Custom BCCS
- Big Canyon Deane BCDN
- Big Canyon McLain BCMC
- Bluffs Original BORI
- Bluffs Plaza Area BOPL
- Bluffs Tennis Villas BNTV
- Bonnie Bay Highland Homes UBHH
- Cannery Village Mobile Park CVMP
- Castaways CAST
- Central Newport CNEW
- Cherry Lake Estates UBLE
- Cliffhaven CLIF
- Dover Shores “”100″” Series DSA1
- Dover Shores DSAM
- Eastbluff – Lusk EBLK
- Eastbluff – Macco EBMO
- Granville GRNV
- Harbor Cove Promenade HCPM
- Harbor Hill HARH
- Harbor Island “”Drive”” HIDC
- Harbor Island HARI
- Harbor Ridge Crest HRCR
- Harbor Ridge Custom HRCS
- Harbor Ridge Estates HRES
- Harbor View Homes HVHM
- Kings Road KGRD
- Lido Building #601 L601
- Lido Building #621 L621
- Lido Island LIDO
- Lido Peninsula LIPN
- Linda Isle LIND
- Madison BCYM
- Newport Crest NEWC
- Newport Heights NEWH
- Newport Island NEWI
- Newport North Townhomes NNTH
- Newport Shores NEWS
- Promontory Bay Custom PBCS
- Providence OFPV
- Santa Ana Heights Residential SAHR
- Sea Island – Lusk SILK
- Seaview SEAV
- Summer House OFSH
- Versailles VERS
- Villa Balboa VBAL
- Villa Point VILP
- Villa Siena VSEN
- West Newport Beach WSNB
- Westcliff East WCDE
- Westcliff West WCDW
Market Summary
Current real estate data for Single Family in Newport Beach as of Dec 11, 2025
222
Single Family Listed
69
Avg DOM
1,067
Avg $ / SqFt
$3,240,974
Avg List Price
Property Summary
- 506 W Oceanfront #2 Newport Beach CA is a Single Family for sale in Newport Beach, CA, 92661. It is listed for $1,140,000 and features 5 beds, 3 baths, and has approximately 2,294 square feet of living space, and was originally constructed in 2000. The current price per square foot is $497. The average price per square foot for Single Family listings in Newport Beach is $1,067. The average listing price for Single Family in Newport Beach is $3,240,974.
Similar Listings Nearby
506 W Oceanfront #2
Newport Beach, CA


