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506 W Oceanfront 2Newport Beach, CA 92661

For Sale

$899,000

Smart Buyer Rebate $8,990

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.

Listed by Maxx Rifkin

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License #01994068

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Pacaso Inc.

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7145840428

Last updated July 15, 2026

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Source: CRMLS #24445141

Listing Facts

  • TypeSingle-family
  • NeighborhoodCentral Newport Beach
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu675
  • Size2,294 sqft
  • Price per sqft$392

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/14/2026
Price Decreased
$899,000
07/13/2026
Status changed to Active
$975,000
07/13/2026
Status changed to Removed from Feed
$975,000
06/26/2026
Status changed to Pending
$975,000
01/28/2026
Price Decreased
$975,000
10/25/2025
Status changed to Active
$1,140,000
10/22/2025
Status changed to Removed from Feed
$1,140,000
10/17/2025
Status changed to Active
$1,140,000
10/16/2025
Status changed to Removed from Feed
$1,140,000
10/04/2025
Status changed to Active
$1,140,000
10/03/2025
Status changed to Removed from Feed
$1,140,000
09/18/2025
Status changed to Active
$1,140,000
09/16/2025
Status changed to Removed from Feed
$1,140,000
09/15/2025
Status changed to Active
$1,140,000
09/14/2025
Status changed to Removed from Feed
$1,140,000
09/13/2025
Status changed to Active
$1,140,000
09/12/2025
Status changed to Removed from Feed
$1,140,000
09/11/2025
Status changed to Active
$1,140,000
09/05/2025
Status changed to Removed from Feed
$1,140,000
09/04/2025
Status changed to Active
$1,140,000
09/03/2025
Status changed to Removed from Feed
$1,140,000
08/31/2025
Status changed to Active
$1,140,000
08/28/2025
Status changed to Removed from Feed
$1,140,000
06/28/2025
Status changed to Active
$1,140,000
06/27/2025
Status changed to Removed from Feed
$1,140,000
02/04/2025
Price Decreased
$1,140,000
12/18/2024
Price Decreased
$1,170,000
10/01/2024
Status changed to Active
$1,199,000
10/01/2024
Status changed to Removed from Feed
$1,199,000
09/25/2024
Listed by Pacaso Inc.
$1,199,000

Property Details for 506 W Oceanfront 2

Exterior

Construction

  • Property Condition: Updated/Remodeled
  • Stories Total: 3
  • Window Features: Blinds, Bay Window(s)
  • Year Built: 2000
  • Architectural Style: Contemporary
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Ground Level - no steps
  • Exterior Features: Barbecue, Balcony

Features

  • Direction Faces: West
  • Patio And Porch Features: Covered, Deck, Front Porch, Glass Enclosed, Patio, Porch
  • View: Ocean, Panoramic

Measurements

  • Building Area Total: 2,294
  • Lot Size Acres: 0.04
  • Lot Size Area: 2,100
  • Lot Size Dimensions: 3,070
  • Lot Size Square Feet: 2,100
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 04807310

Interior

Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven, Range, Refrigerator, Dryer, Washer
  • Fireplace Features: Gas, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Crown Molding, Open Floorplan, Recessed Lighting, Storage, Walk-In Closet(s)

Measurements

  • Living Area: 2,294

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached, Direct Access, Garage
  • Parking Total: 2

Utilities

Equipment

  • Heating: Central, Forced Air
  • Has Heating: Yes
  • Laundry Features: Inside
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 3 bathrooms in this single-family home at 506 W Oceanfront 2.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 506 W Oceanfront 2.

How does 506 W Oceanfront 2 compare to other single-family homes in Central Newport Beach?

This single-family home is listed 89% below the average price for single-family homes in Central Newport Beach and has been on the market for 511 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,294 sqft.

506 W Oceanfront 2 is a 5-bedroom, 3-bath single-family home for sale in Newport Beach CA 92661. On Prevu for 675 days at $899,000. This includes a recent price decrease of $76,000. This home features 2,294 square feet of living space, located in Central Newport Beach. The median listing price for single-family homes in this area is $4,172,500. Property amenities include private outdoor space, dishwasher, parking, swimming pool, and washer/dryer. Explore more single-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.