506 W Oceanfront #2 Newport Beach CA 92661 | MLS #24445141
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.
Property Details
Price:
$899,000
MLS #:
24445141
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Neighborhood:
npbalboapeninsula
Listed Date:
Sep 25, 2024
Finished Sq Ft:
2,294
Total Sq Ft:
2,294
Lot Size:
2,100 sqft / 0.05 acres (approx)
Year Built:
2000
See this Listing
Schools
Interior
Appliances
DW, GD, MW, RF, GR, BBQ, OV, RA
Bathrooms
3 Full Bathrooms
Flooring
TILE, CARP
Heating
FA, CF
Interior Features
CF, FU, ST, CRWN, RECL, LRBA, OFP
Laundry Features
IN, DINC, WINC
Levels
S
Exterior
Architectural Style
CNT
Attached Garage YN
1
Common Walls
NCW
Direction Faces
W
Garage Spaces
2
Parking Spots
2
Parking Total
2
Patio And Porch Features
CON, CO, DK, GLS, OPN, POF, TLE
Spa Features
NO
View
CO, OC, PA, WW
Window Features
BW, BLI
Financial
Map
Community
- Address506 W Oceanfront #2 Newport Beach CA
- CityNewport Beach
- CountyOrange
- Zip Code92661
Subdivisions in Newport Beach
- 28th Street Marina TESM
- Back Bay Custom Homes BBCS
- Balboa Coves BLCV
- Balboa Island – Collins Island BALC
- Balboa Island – Little Island BALL
- Balboa Island – Main Island BALM
- Balboa One Ford Road OFBB
- Balboa Peninsula Commercial BPCD
- Balboa Peninsula Point BLPP
- Balboa Peninsula Residential BALP
- Bay Island BISL
- Baycrest BC
- Baycrest North BCNO
- Baycrest South BCSO
- Bayshores BSHR
- Bayside Cove BCOV
- Bayside Village BAYV
- Bayview Terrace BVTR
- Beacon Bay BEAC
- Belcourt Custom BLCS
- Belcourt Terrace BLTR
- Belcourt Towne Collection BLTC
- Big Canyon Broadmoor BCBM
- Big Canyon Custom BCCS
- Big Canyon Deane BCDN
- Big Canyon McLain
- Big Canyon McLain BCMC
- Big Canyon Villa BCVA
- Bluffs Homes on the Bay BNHB
- Bluffs Original BORI
- Bluffs Park Homes BNPK
- Bluffs Plaza Area BOPL
- Bluffs Tennis Villas BNTV
- Cameo Shores CSHO
- Cannery Village Mobile Park CVMP
- Castaways CAST
- Central Newport CNEW
- Cliffhaven CLIF
- Corona del Mar North of PCH CNHW
- Cottage Homes CH
- Dover Shores DSAM
- Eastbluff – Lusk EBLK
- Eastbluff – Macco EBMO
- Harbor Cove Palisades HCPS
- Harbor Cove Promenade HCPM
- Harbor Highlands I HH01
- Harbor Highlands II HH02
- Harbor Hill HARH
- Harbor Island “”Drive”” HIDC
- Harbor Island HARI
- Harbor Ridge Crest HRCR
- Harbor Ridge Custom HRCS
- Harbor Ridge Estates HRES
- Harbor View Homes HVHM
- Irvine Terrace IRVT
- Kings Road KGRD
- Lido Building #601 L601
- Lido Island LIDO
- Lido Peninsula LIPN
- Lido Sands LSND
- Linda Isle LIND
- Lucera BCYL
- Newport Bay Towers NBYT
- Newport Crest NEWC
- Newport Garden Villas CWGV
- Newport Heights NEWH
- Newport Island NEWI
- Newport North Villas NNVL
- Newport Shores NEWS
- Newport Terrace NEWT
- One Nautical Mile ONML
- Promontory Bay Custom PBCS
- Providence OFPV
- Santa Ana Heights Residential SAHR
- Sea Island – Lusk SILK
- Sea Island – McLain SIML
- Seaview SEAV
- Stonybrook OFSB
- Summer House OFSH
- Upper Newport Bay UBNB
- Versailles VERS
- Villa Balboa VBAL
- Villa Point VILP
- Villa Siena VSEN
- Vista Bahia BBVB
- West Newport Beach WSNB
- Westcliff East WCDE
- Westcliff West WCDW
- Wyndover Bay BCYW
Market Summary
Current real estate data for Single Family in Newport Beach as of Sep 17, 2026
417
Single Family Listed
131
Avg DOM
1,161
Avg $ / SqFt
$4,076,422
Avg List Price
Property Summary
- 506 W Oceanfront #2 Newport Beach CA is a Single Family for sale in Newport Beach, CA, 92661. It is listed for $899,000 and features 5 beds, 3 baths, and has approximately 2,294 square feet of living space, and was originally constructed in 2000. The current price per square foot is $392. The average price per square foot for Single Family listings in Newport Beach is $1,161. The average listing price for Single Family in Newport Beach is $4,076,422. To schedule a showing of MLS#24445141 at 506 W Oceanfront #2 in Newport Beach, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of Pacaso Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.506 W Oceanfront #2
Newport Beach, CA
