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.
Off market
Zestimate®
$4,651,200
506 W Oceanfront #1, Newport Beach, CA 92661
5beds
3baths
--sqft
Single Family Residence
Built in 2000
-- sqft lot
$4,651,200 Zestimate®
$--/sqft
$7,819 Estimated rent
Owner options
What's special
Zillow last checked: December 02, 2025 at 11:15pm
Source: Engel & Volkers,MLS#: OC24126158
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,651,200