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506 Harbor Island Dr, Newport Beach, CA 92660
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506 Harbor Island Dr Newport Beach, CA 92660

$9,800,000
  • 3 Beds
  • 4 Baths
  • 3,523 Sq.Ft.
For Sale
$9,800,000 Get Pre-Qualified
Map preview of 506 Harbor Island Dr, Newport Beach, CA 92660

Property Overview: 506 Harbor Island Dr Newport Beach, CA has 3 bedrooms, 4 bathrooms, 3,523 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This stunning soft contemporary bay front home boasts one of the best view and bay locations on Promontory Bay in Newport Harbor. Promontory Bay is a sought after bay & beach community in a central Newport Beach location within close proximity to fine dining, Bayside shopping center, Balboa Island and renowned Fashion Island shopping and Newport Center. This architectural gem boasts soaring ceilings, single lite French doors and clerestory windows creating an indoor / outdoor ambiance and an abundance of natural light throughout the home. Approximately 3523 square feet of living area includes a bay front living area with wet bar and great room, formal dining, breakfast room, gourmet kitchen with island, interior laundry room, 3 bedrooms total all ensuite, a primary retreat and an at home office. The generous 5000 square foot lot offers a welcoming courtyard entry as well as a fabulous bay fronting stone terrace complete with a built in stainless barbecue and a near new private dock for large yacht and additional tenders. The monochromatic decor features quality appointments and materials throughout including limestone, granite, and warm woods.

Listed by Debra Bibb | BRE #00602463 | Pacific Sotheby's Int'l Realty
Last checked: 14 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 6
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Home details

Lot Sq. Ft
5,000
HOA Dues
$39/mo
Year built
1977
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
NP24075026
City
Newport Beach
County
Orange
Time on Site
5 days

Open Houses for 506 Harbor Island Dr

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Property Details for 506 Harbor Island Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Washer Included
Fireplace Information
  • Has Fireplace
  • Primary Retreat, Gas Starter, Great Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • All Bedrooms Up, Foyer, Office, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Double Oven, Disposal, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 2
Interior Features
  • Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Wet Bar
  • Levels: Multi/Split
  • Window Features: Wood Frames
Exterior Features
Exterior Information
  • Balcony, Barbecue Private, Boat Slip, Dock Private
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Driveway Level, Garage Faces Front, Garage Door Opener
  • Has Attached Garage
Lot Information
  • Lot Features: Landscaped, Level with Street, Rectangular Lot
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Harbor
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05042137
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Promontory Bay
  • Association Fee: $460 (Annually)
  • Association Amenities: Picnic Area
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Promontory Bay Custom (PBCS)
  • Directions: Turn onto Harbor Island Drive from Bayside Drive
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Gutters, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 506 Harbor Island Dr

Last leased for $15,000 on September 10th, 2019

  • April, 2024

  • Apr 21, 2024

    Date

    Active

    CRMLS: NP24075026

    $9,800,000

    Price

  • September, 2019

  • Sep 11, 2019

    Date

    Leased

    CRMLS: NP19113605

    $15,000

    Price

  • Aug 2, 2019

    Date

    Price Change

    CRMLS: NP19113605

    $16,000

    Price

  • May 16, 2019

    Date

    Active

    CRMLS: NP19113605

    $19,000

    Price

  • Listing provided courtesy of CRMLS

    This stunning soft contemporary bayfront home boasts one of the best bay and view locations on Promontory Bay in Newport Harbor. This architectural masterpiece boasts soaring ceilings, single light French doors, clerestory windows and limestone floors creating an indoor outdoor ambiance and offering an abundance of natural light throughout the home. Approximately 3500 sq ft of living area includes a bayfront living room with wet bar and great room, formal dining, breakfast room, gourmet kitchen with island, interior laundry room, 3 bedrooms total all ensuite, a master retreat and an at home office. The generous 5000 sq ft lot offers a welcoming courtyard entry with water feature, a fabulous bay fronting stone terrace complete with a built in stainless barbecue, a private deck off each bedroom and your own dock for a yacht up to approximately 55’ feet and additional tenders. The monochromatic décor features quality appointments and materials throughout including limestone, granite and exotic woods. Promontory Bay is an exclusive bay & beach community in a central Newport Beach location within close proximity to fine dining, Bayside Shopping Center, Balboa Island and renowned Fashion Island shopping and Newport Center. Offered for a long term lease this presents a rare opportunity on the bay.

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Tax History for 506 Harbor Island Dr

Assessed Value (2020): $602,064
Year Land Value Improved Value Assessed Value
2020 $264,109 $337,955 $602,064

Home Value Compared to the Market

This property vs the competition

506 Harbor Island Dr is listed 127.96% higher than the median list price for the city of Newport Beach which has a median list price of $4,299,000. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $2781.72 per/sqft which puts the price per square foot 84.71% higher than the median price per square foot for the city of Newport Beach.

About 506 Harbor Island Dr

Detailed summary of property

506 Harbor Island Dr is a single family home located in Newport Beach, CA 92660 and is currently for sale. This house offers 3 bedrooms, 4 bathrooms, roughly 3,523 living square feet, and sits on an approximately 5,000 square foot lot. 506 Harbor Island Dr was first listed on ArdentRealEstateGroup.com on April 21, 2024. The homeowner is currently asking $9,800,000. The median priced home in Newport Beach is $4,299,000 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 127.96% higher than the median priced home. Local competing homes currently for sale include 216 Kings Pl, 1202 S Bay Front and 504 Evening Star Ln. This home does have a Homeowners Association and the monthly fee is $39 per month. While the average home in Newport Beach, CA is selling in 75 days, 506 Harbor Island Dr has a days on market of 6 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 506 Harbor Island Dr Newport Beach, CA 92660 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 506 Harbor Island Dr

Public county record property details
Beds
4
Baths
3
Year built
1976
Sq. Ft.
3,523
Lot Size
4,300
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
40
APN
050-421-37

The source for these homes facts are from public records.

92660 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,795,000
Median List Price/Sq.Ft.
$1,203
Median Sold Price
$2,675,000
Median Sold Price/Sq.Ft.
$1,073
Total Inventory
118
Median Sale to List Price %
102.88%
Avg Days on Market
35
Loan Type
Conventional (28.57%), FHA (2.86%), VA (0%), Cash (37.14%), Other (31.43%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. 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 contained herein may or may not have been the Listing and/or Selling Agent.

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