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Amjad Alsayori

amjad.siouri@gmail.com +1(858) 285-9311

$ 7,625,000

Est. payment | -/mo

10 Beds

12 Baths

4,760 SqFt

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$ 7,625,000

Est. payment | -/mo

Save Virtual Tour

10 Beds

12 Baths

4,760 SqFt

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 4,760 sqft

Price per Sqft $1,601

Subdivision West Newport Beach (Wsnb)

MLS Listing ID OC26206141

Style Custom Built

Bedrooms 10

Full Baths 10

Half Baths 2

Year Built 2023

Lot Size 4,050 Sqft

Property Sub-Type Townhome

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 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

Location

State CA

County Orange

Direction From Newport Blvd West on Finley Ave and North on Clubhouse Ave

Interior

Interior Features Recessed Lighting, Tandem

Heating Forced Air Unit

Cooling Central Forced Air

Fireplaces Type FP in Living Room, Patio/Outdoors

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Gas Oven, Barbecue

Exterior

Parking Features Tandem

Garage Spaces 4.0

Fence Stucco Wall

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View City Lights, Marina, Neighborhood, Ocean

Roof Type Metal

Porch Concrete, Roof Top

Total Parking Spaces 4

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories 3

Others

Senior Community No

Tax ID 42310108

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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

Listed by Tyler Bowman, DRE#02133051 Engel & Volkers Dana Point
Co-listed byTyler Kropf • Tyler M. Kropf

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+1(858) 285-9311

amjad.siouri@gmail.com

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506 Clubhouse Avenue Newport Beach, CA 92663