506 West Oceanfront, Unit 2

Newport Beach, CA 92661

$1,170,000
Price
5
Beds
3
Baths
2,294 Sq. Ft.
$510 / Sq. Ft.
2,294
Sq. Ft.
$510
per Sq. Ft.

Description

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

Property Details for 506 West Oceanfront, Unit 2

Water Front
Ocean
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
LISTING UPDATED: 12/20/2024 09:57 AM

Property Details for 506 West Oceanfront, Unit 2

StatusActive
MLS #24-445141
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built2000
Lot Size0.05 AC / 2,100 SF
CountyOrange County

Virtual Tour

Building Information for 506 West Oceanfront, Unit 2

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

Property Information for 506 West Oceanfront, Unit 2

Community / Development
Community / Development
  • HOA: No
  • Pets Allowed: Pets Permitted
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Other
  • Number Of Stories: 3
  • Unit Number: 2
  • View: Yes
  • View Description: Coastline, Ocean, Panoramic, White Water
  • View: Coastline, Ocean, Panoramic, White Water
  • Guest House: None
  • Planned Urban Dev: 0
  • Entry Floor Number: 1
  • Security Features: Other
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Maids Room: false
  • Water: District
Contract Info
Contract Info
  • Probate: No
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Financing: Other
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Purchase: No
  • Horse: No
  • Additional Parcel Number: No
  • Lot Acreage: 0.0482
  • Lot Size Square Feet: 2100
  • Lot Size Dimensions: 30x70
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Location: Beach Front, Beach Access, Ocean Access
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Attached, Direct Entrance
  • Total Parking: 2
  • Covered 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, Bonus Room, Living Room
  • Rooms: Breakfast Area, Entry, Family Room, Walk-In Closet, Dining Area, Bonus Room, Enclosed Glass Porch, Living Room, Primary Bedroom, Patio Open, Powder
  • Levels: Multi/Split
  • Fireplace: Yes
  • Fireplaces: 2
  • Fireplace Features: Living Room, Gas
  • Fireplace Rooms: Living Room, Primary 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, Alarm System, Barbeque, Ceiling Fan, Cable, Garbage Disposal
  • Interior Features: Built-Ins, Crown Moldings, Detached/No Common Walls, Furnished, Living Room Balcony, Open Floor Plan, Recessed Lighting, Storage Space, Turnkey
  • Kitchen Features: Ceramic Counters
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Built-In Gas, Free Standing Gas, Gas Grill, Gas/Electric Range, Microwave, Oven, Range
  • Laundry: Inside
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Eating Area: Breakfast Counter / Bar, Dining Room
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Fence: Other
  • Patio Features: Balcony, Concrete Slab, Covered, Enclosed Glass Porch, Living Room Balcony, Patio Open, Porch - Front, Deck(s), Tile
  • Entry Location: Ground Level - no steps
  • Windows: Bay Window, Window Blinds
  • New Construction: No
  • Other Structural Features: Balcony, Barbecue Private
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-25-2024
  • Listing Terms: Fractional Interest

Property History for 506 West Oceanfront, Unit 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 506 West Oceanfront, Unit 2

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 - 9 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

Back Bay High School
Public9 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, Unit 2 is a single family home for sale in Newport Beach, CA 92661. This property was listed for sale on September 25, 2024 by Pacaso Inc., it's currently listed at $1,170,000. 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, Unit 2 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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.