506 Clubhouse Avenue, Newport Beach, CA 92663
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
Listed by: tyler bowman, tyler kropf
Office: engel & volkers dana point
MLS#:OC26206141
Source:San Diego MLS via CRMLS
Price summary
- Price:$7,625,000
- Price per sq. ft.:$1,601.89
About this home
Welcome to this exceptional modern coastal duplex offering a rare combination of luxury, location, flexibility, and proven income potential in Newport Beach. Completed in 2023 and spanning approximately 4,760 square feet, the property consists of two beautifully designed residences, each offering approximately 2,380 square feet with five bedrooms and six bathrooms across three thoughtfully designed levels. 506 was well thought out, offering en-suite bedrooms, inviting fireplaces, and expansive sliding glass doors that create a seamless connection between indoor and outdoor spaces. Private balconies extend from the primary suites and main living areas, while expansive rooftop decks with east and west exposures provide the perfect setting for entertaining, enjoying the ocean breeze, and taking in spectacular coastal sunsets. Live in one and generate income from the other, maintain a combination of short- and long-term rentals, or operate the property entirely as an investmentthe flexibility here is exceptionally difficult to replicate in Newport Beach. Unit A holds a coveted Newport Beach short-term rental permit and has demonstrated impressive rental performance. From January through May 2026, Unit A generated approximately $150,000 in gross rental revenue. Summer is traditionally an even stronger rental period, with June through August historically generating approximately $28,000 per month in net income. Unit B is currently leased at $15,000 per month under a two-year lease, providing the property with an established long-term income stream alongside Unit A's short-term re...
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Home facts
- Year built:2023
- Subdivision & Development:West Newport Beach (WSNB)
- Listing ID #:OC26206141
- Added:45 day(s) ago
- Updated:November 06, 2026 at 03:34 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:12
- Full bathrooms:10
- Half bathrooms:2
- Kitchen Description:Barbecue, Dishwasher, Gas Oven, Microwave, Refrigerator
- Living area:4,760 sq. ft.
Heating and cooling
- Cooling:Central Forced Air
- Heating:Forced Air Unit
Structure and exterior
- Roof:Metal
- Year built:2023
- Building area:4,760 sq. ft.
- Architectural Style:Custom Built
- Exterior Features:Concrete, Roof Top
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$7,625,000
- Price per sq. ft.:$1,601.89
Features and amenities
- Appliances:Barbecue, Dishwasher, Gas Oven, Microwave, Refrigerator
Parking
- Total parking spaces:4
- Parking description:Tandem
- Garage spaces:4
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