506 West Oceanfront

Newport Beach, CA 92661

$1,200,000
Price
5
Beds
3
Baths
2,294 Sq. Ft.
$523 / Sq. Ft.
2,294
Sq. Ft.
$523
per Sq. Ft.

Description

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...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.
  1. Listed by Joseph Maehler • DRE #01457093 • Brokerage DRE #01457093 • Pacaso Inc.

Property Details for 506 West Oceanfront

Style
Contemporary
Parcel Number
04807310
Living Area
2294
Source Living Area
Vendor Enhanced
Area
Balboa Peninsula (NP)
Lot Size Area
2100
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
048-073-10

Location

Listing Courtesy of Pacaso Inc., Joseph Maehler, DRE #01457093
Add your commute
LISTING UPDATED: 05/23/2024 12:01 AM

Property Details for 506 West Oceanfront

StatusActive
MLS #24-392287
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2000
Lot Size0.05 AC / 2,100 SF
CountyOrange County

Location

Listing Courtesy of Pacaso Inc., Joseph Maehler, DRE #01457093
Add your commute

Virtual Tour

Building Information for 506 West Oceanfront

Stories3Year Built2000Building Size-Lot Size0.05 AC / 2,100 SF

Payment Calculator

$12,640 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$6,091

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 506 West Oceanfront

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Other
  • Number Of Stories: 3
  • View: Yes
  • View Description: Coastline, Ocean, Panoramic, White Water
  • View: Coastline, Ocean, Panoramic, White Water
Contract Info
Contract Info
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0482
  • Lot Size Square Feet: 2100
  • Lot Size Dimensions: 30x70
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Attached, Direct Entrance
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door, Direct Garage Access
  • Attached Garage: Yes
Interior Features
Interior Features
  • Room Type: Entry, Family Room, Walk-In Closet
  • Rooms: Breakfast Area, Entry, Family Room, Walk-In Closet
  • Levels: Multi/Split
  • Fireplace Features: Living Room, Primary Bedroom, Gas
  • Fireplace Rooms: Living Room, Master Bedroom, Gas
  • Den: No
  • Family Room: 1
  • Dining Room: 0
  • Furnished: Furnished
  • Cooling Type: Air Conditioning
  • Heating: Forced Air, Central
  • Heating Type: Forced Air, Central
  • Flooring: Carpet, Tile, Vinyl Plank
  • Equipment: Built-Ins, Freezer, Microwave, Washer, Dishwasher, Dryer, Refrigerator, Range/Oven
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-15-2024

Property History for 506 West Oceanfront

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 506 West Oceanfront

Taxable ValueLand$6,426,000Additions$510,000Total$6,936,000
Tax Record2023$73,090 ($6,091 / month)
Home Facts
Beds5Baths3Total Finished SqFt2,294 SqFtAbove Grade Finished SqFt2,294 SqFtStories2Lot Size2,100 SqFtStyleSingle Family ResidenceYear Built2000CountyORANGEAPN048-073-10

Schools near 506 West Oceanfront

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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506 West Oceanfront is a single family home for sale in Newport Beach, CA 92661. This property was listed for sale on May 15, 2024 by Pacaso Inc., it's currently listed at $1,200,000. It has been on the market for a total of 17 days and was last sold on March 14, 2022. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Newport Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 506 West Oceanfront is a 5-bed, 3-bath, 2,294 sqft single family home built in 2000.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pacaso Inc., Joseph Maehler, DRE #01457093

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.