Realkey.ai
RealKey
‪(213) 433-7766‬

506 Clubhouse Avenue, Newport Beach, California 92663, Newport Beach, 92663 - bed, bath

506 Clubhouse Avenue, Newport Beach, California 92663 home-pic-0
ACTIVE$7,649,900$4,760/sqft
506 Clubhouse Avenue, Newport Beach, California 92663
0Bed
0Bath
4,760Sqft
4,050Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4050, other record lot size in square feet = 3990. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4760, other record living area = 721.

Compared to the nearby listings

Price:$7.65M vs avg $3.30M (+$4,349,900)83%
Size:4,760 sqft vs avg 2,467 sqft96%
Price/sqft:$1.6K vs avg $1.5K57%

More Insights

Built in 2023 (3 years old).
Condition: This property was completed in late 2023, making it virtually new construction. The images showcase high-end, modern finishes throughout, including a state-of-the-art kitchen with dark shaker cabinets, white quartz countertops, and new stainless steel appliances. Bathrooms feature contemporary vanities, sleek tile work, glass-enclosed showers, and modern fixtures. All components, from flooring to lighting and central HVAC, are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Year Built
2023
Close
-
List price
$7.65M
Original List price
$7.65M
Price/Sqft
$1,607
HOA
-
Days on market
-
Sold On
-
MLS number
NP26010130
Home ConditionExcellent
Features
Excellent View: Marina
Deck
ViewMarina

About this home

Welcome to 506 Clubhouse Avenue, a stunning modern coastal duplex nestled in the heart of Newport Beach’s highly sought-after Lido Marina Village. Completed in late 2023, this nearly new residence blends refined elegance with the ease of coastal living—offering not only a sophisticated lifestyle, but also a rare and valuable investment opportunity, with Unit A boasting a coveted short-term rental permit. Each residence has been meticulously designed with high-end finishes, en-suite bathrooms, cozy fireplaces, and expansive sliding glass doors that open to private balconies off the primary suites and living areas—creating seamless indoor-outdoor living. Offering nearly 2,400 square feet per unit across three thoughtfully designed levels, both residences feature five spacious bedrooms and five-and-a-half luxurious bathrooms, offering an ideal balance of comfort and versatility. Entertain with ease on the sun-drenched rooftop decks, perfectly positioned with both East and West exposures to capture spectacular ocean breezes and coastal sunsets. Whether you choose to live in one unit and lease the other, or maximize rental potential by leasing both, this property offers outstanding flexibility and income-producing potential. Enjoy the best of Newport Beach just moments away—walk from marina to ocean, enjoy upscale shopping and dining in Lido Marina Village, or the vibrant coastal charm and amusement at Balboa Pier and Balboa Fun Zone all without getting in your car. Additional features include central air and heating, private laundry and a two-car tandem garage in each unit. Whether you're searching for a luxurious full-time residence, a serene vacation retreat, or a high-performing investment, 506 Clubhouse Avenue offers the pinnacle of Newport Beach coastal living.

T
Tyler Kropf
Listing Agent

Nearby schools

8/10
Newport Heights Elementary School
Public,•K-6•0.9mi
9/10
Newport Elementary School
Public,•PK-6•1.0mi
7/10
Horace Ensign Intermediate School
Public,•7-8•0.9mi
7/10
Newport Harbor High School
Public,•9-12•1.1mi

Price History

Date
Event
Price
05/16/17
Sold
$1,050,000
Condition Rating
Excellent
This property was completed in late 2023, making it virtually new construction. The images showcase high-end, modern finishes throughout, including a state-of-the-art kitchen with dark shaker cabinets, white quartz countertops, and new stainless steel appliances. Bathrooms feature contemporary vanities, sleek tile work, glass-enclosed showers, and modern fixtures. All components, from flooring to lighting and central HVAC, are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Exceptional Income Potential: This modern duplex offers a rare and valuable investment opportunity, with Unit A boasting a coveted short-term rental permit, providing significant flexibility for owner-occupancy with rental income or maximizing returns by leasing both units.
Prime Coastal Location & Walkability: Nestled in the highly sought-after Lido Marina Village, the property offers unparalleled walkability to the marina, ocean, upscale shopping, dining, Balboa Pier, and Balboa Fun Zone, embodying the pinnacle of Newport Beach coastal living.
Brand New Construction & Luxury Finishes: Completed in late 2023, this nearly new residence features meticulous design with high-end finishes, en-suite bathrooms, cozy fireplaces, and central air/heating, ensuring modern comfort and elegance.
Expansive Indoor-Outdoor Living: Each unit boasts expansive sliding glass doors opening to private balconies and sun-drenched rooftop decks with East and West exposures, perfect for capturing ocean breezes and spectacular coastal sunsets.
Spacious & Versatile Layout: With nearly 2,400 square feet per unit, each residence offers five spacious bedrooms and five-and-a-half luxurious bathrooms, providing ample space and versatility for large families or multiple rental occupants.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4050, other record lot size in square feet = 3990. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4760, other record living area = 721.
Premium Price Point: The list price of $7.65 million positions this property in a very exclusive market segment, which may limit the pool of potential buyers.
Compact Lot Size: While typical for coastal properties, the 4,050 sq ft lot size offers limited traditional ground-level outdoor space, with outdoor living primarily focused on balconies and rooftop decks.
Tandem Parking: Each unit includes a two-car tandem garage, which can be less convenient for daily use and accessibility compared to side-by-side parking, especially for a property with five bedrooms.
Browse Properties by State Browse housing market trends by state