CnC Realty
1 / 35

$899,000

506 W Oceanfront #2

Newport Beach, CA 92661

Active

5

Beds

3

Baths

2,294

Sq. Ft.

2000

Year Built

Orange

County

Residential

Property Type

About this home

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 · DRE #01994068 · Pacaso Inc.
MLS #1088763330
ListedSep 25, 2024

Property Details

Architecture

Stories3
StyleContemporary
Total UnitsN/A
RoofN/A
Garage Spaces2
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesBreakfast Bar, Balcony, Ceiling Fans, Crown Molding, Separate Formal Dining Room, Furnished, Open Floorplan, Recessed Lighting, Storage, Walk In Closets
Exterior FeaturesN/A
FlooringCarpet, Tile
CoolingN/A
HeatingCentral, Forced Air
FireplaceGas, Living Room
LaundryInside
Parking FeaturesDoor Multi, Direct Access, Garage
Parking Total2
Patio & PorchConcrete, Covered, Deck, Front Porch, Glass Enclosed, Open, Patio, Porch, Tile
Entry Level1
Entry LocationGround Level - no steps
Common WallsNo Common Walls

Property Features

Lot Size0.05 ac
Lot FeaturesN/A
ViewCoastline, Ocean, Panoramic
DirectionsSouth on Balboa Blvd. and then turn right on Island Ave.

Community

AreaNP - Balboa Peninsula
School DistrictN/A

Tax & Financial

TermsN/A
Land LeaseN/A
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$4,785/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 6:45 PM

The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.