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Greg Wang

gregwang168@gmail.com +1(408) 828-6366

Listed by Tyler Bowman, DRE #02133051 • Engel & Volkers Dana Point

$ 7,625,000

Est. payment -/mo

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506 Clubhouse AVE Newport Beach, CA 92663

10 Beds

11 Baths

4,760 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,760 sqft

Price per Sqft $1,601

MLS Listing ID CROC26206141

Style Custom

Bedrooms 10

Full Baths 10

Half Baths 2

Year Built 2023

Lot Size 4,050 Sqft

Property Sub-Type Duplex

Source California Regional MLS

Property Description

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 investment-the 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 tr

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Dining Room Breakfast Bar, Other

Kitchen Dishwasher, Microwave, Refrigerator, Built-in BBQ Grill, Oven - Gas

Interior

Heating Central Forced Air

Cooling Central AC

Fireplaces Type Living Room, Primary Bedroom, Other Location

Laundry In Laundry Room

Exterior

Parking Features Garage

Garage Spaces 4.0

Fence 19

Pool 31, None

Utilities Available Telephone - Not On Site

View Marina, Local/Neighborhood, Ocean, City Lights

Roof Type Metal

Building

Lot Description Grade - Level

Foundation Concrete Slab

Water District - Public

Architectural Style Custom

Others

Tax ID 42310108

Special Listing Condition Not Applicable

Virtual Tour https://media.bowmangroupmedia.com/videos/01a0c54e-6b1a-73d1-8547-c6c3db7866e7

Greg Wang

Real Estate Broker License ID: 00960934

+1(408) 828-6366

Greg Wang

506 Clubhouse AVE Newport Beach, CA 92663

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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506 Clubhouse AVE