506 W Oceanfront # 2

Newport Beach, CA
$ 899,000 Beds 5 Baths 3 Sq 2,294 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 899,000
  • City
  • Newport Beach
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • ORANGE
  • Half Bathrooms
  • 0
  • Area
  • Balboa Peninsula
  • Lot Size
  • 0.0482 Acres
  • Zip
  • 92661
  • Sqr Footage
  • 2,294
  • Year Built
  • 2000
  • Style
  • Contemporary
  • MLS#
  • 24445141
Listed By: Maxx Rifkin with Pacaso Inc.
Data Source: Combined LA/Westside MLS (CLAW)

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Beverly Hills, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/25/2024 Listed $1,199,000
12/17/2024 3% - $1,170,000
2/4/2025 3% - $1,140,000
1/28/2026 15% - $975,000
7/14/2026 8% - $899,000

Property vs Zip Code Average in 92661

Price
AVG $11.19M
$900K
Year Built
AVG 1983
2000

Areas That We Cover

506 W Oceanfront # 2 Newport Beach, CA is a Single Family Home for sale at $899000 with 2294 sqft and a lot size of 0.0482 Acres Acre(s). 506 W Oceanfront # 2 Newport Beach has 5 bedrooms, 3 baths and was built in 2000. The property's zip code is 92661 which is in Newport Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Karen Harrosh

Karen Harrosh

310-388-3455

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