Water Views
Address
506 W Oceanfront 2, Newport Beach, CA
Price
$ 899,000
Property Attributes
- MLS#24445141
- TypeSingle Family
- Listing Status Active
- CountyOrange
- CityNewport Beach
- Area Balboa Peninsula
- Zip92661
- Style
- Year Built2000
- Price$ 899,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2294
- Lot Size0.0482 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
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.
| Price History | |
|---|---|
| 11/25/2025 | Listed $1,140,000 |
| 1/28/2026 | 14$975,000 |
| 7/14/2026 | 8$899,000 |
General Features
| Living Area | 2294 |
|---|---|
| Heating | Central,Forced Air |
| Appliances | Barbecue,Dishwasher,Disposal,Gas Range,Microwave,Oven,Range,Refrigerator,Dryer,Washer |
| Garage Spaces | 2 |
| Patio/Porch Features | Concrete,Covered,Deck,Front Porch,Glass Enclosed,Open,Patio,Porch,Tile |
| Architectural Style | Contemporary |
| Pool Features | None |
| Year Built | 2000 |
| View | Coastline,Ocean,Panoramic |
| Levels | Multi/Split |
| Unit Number | 2 |
| County | Orange |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | true |
| Facing Direction | West |
| Garage Y/N | true |
| Full Baths | 3 |
| Special Listing Conditions | Standard |
| Status | Active |
| Directions | South on Balboa Blvd. and then turn right on Island Ave. |
| City | Newport Beach |
| Entry Location | Ground Level - no steps |
| Senior Community Y/N | false |
| MLS Area | NP - Balboa Peninsula |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 2100 |
| Spa Features | None |
| Property Attached Y/N | false |
| Property Condition | Updated/Remodeled |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | false |
| Virtual Tour | https://my.matterport.com/show/?m=V3whiFvxFWe |
| Standard Status | Active |
| Year Built Source | Other |
| PostalCity | NEWPORT BEACH |
Interior Features
| Interior Amenities | Breakfast Bar,Balcony,Ceiling Fan(s),Crown Molding,Separate/Formal Dining Room,Furnished,Open Floorplan,Recessed Lighting,Storage,Walk-In Closet(s) |
|---|---|
| Flooring | Carpet,Tile |
| Furnished Y/N | Furnished |
| Fireplace Features | Gas,Living Room |
| Total Stories | 3 |
| Common Walls | No Common Walls |
| Heating Y/N | true |
| Window Features | Blinds,Bay Window(s) |
| Fireplace Y/N | true |
| Laundry Features | Inside |
| Total Bedrooms | 5 |
| Entry Level | 1 |
| Total Baths | 3 |
Exterior Features
| Parking Features | Door-Multi,Direct Access,Garage |
|---|---|
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 2100 |
| Spa | false |
| Building Area Total | 2294 |
| Lot Dimensions | 30x70 |
| Lot Size Acres | 0.0482 |
| Private Pool | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 92661
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 23, 2026 6:34 AM UTC 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, 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.
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MetroList CA data last updated: September 23, 2026 5:58 AM UTC 
Based on information from California Desert Association of Realtors as of September 23, 2026 5:27 AM UTC The information being provided by California Desert Association of Realtors, SoCalMLS, CRISNet MLS, and CARETS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange
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