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

home-pic
ACTIVE$8,125,000
506 Clubhouse Avenue, Newport Beach, California 92663
0Bed
0Bath
4,760Sqft
4,050Lot
Year Built
2023
Close
-
List price
$8.13M
Original List price
$8.13M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25174373
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.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-60.9mi
9/10
Newport Elementary School
Public,PK-61.0mi
7/10
Horace Ensign Intermediate School
Public,7-80.9mi
7/10
Newport Harbor High School
Public,9-121.1mi

Price History

Date
Event
Price
08/03/25
$8,125,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds06
Baths04
Square foot4,7602,467
96%
Lot Size4,0502,614
88%
Price$8.13M$3.2M
92%
Price per square foot$1,707$1,404
76%
Built year20231965
96%
HOA
Days on market94168
16%
Condition Rating
Excellent

This property was completed in late 2023, making it virtually brand new. The description highlights 'meticulously designed with high-end finishes,' 'en-suite bathrooms,' 'central air and heating,' and 'private laundry.' The images confirm a modern aesthetic with light wood flooring throughout, recessed lighting, and a contemporary kitchen featuring dark blue cabinetry, white countertops, and stainless steel appliances. All components appear new, meeting current quality standards with no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' condition criteria for a newly built property.
Pros & Cons

Pros

Exceptional Location: Nestled in the highly sought-after Lido Marina Village, offering unparalleled walkability to upscale shopping, dining, the marina, and the beach, enhancing lifestyle and desirability.
Strong Income & Investment Potential: As a duplex with a coveted short-term rental permit for Unit A, this property offers significant flexibility for owner-occupancy with rental income or maximizing investment returns from both units.
Brand New Luxury Construction: Completed in late 2023, the residence boasts modern coastal design, high-end finishes, en-suite bathrooms, and thoughtful layouts across three levels, requiring no immediate upgrades.
Rooftop Decks with Coastal Views: Each unit features sun-drenched rooftop decks with East and West exposures, providing spectacular ocean breezes, coastal sunsets, and expansive outdoor entertaining space.
Spacious & Versatile Layout: Each of the two units offers nearly 2,400 square feet with 5 bedrooms and 5.5 luxurious bathrooms, providing ample space and versatility for various living arrangements.

Cons

Premium Price Point: The $8.125 million list price places this property in a very exclusive market segment, potentially limiting the pool of prospective buyers.
Limited Private Ground-Level Outdoor Space: While offering balconies and rooftop decks, the 4,050 sqft lot size for a duplex means minimal traditional private yard space at ground level.
Tandem Garage Parking: Each unit includes a two-car tandem garage, which can be less convenient for daily vehicle access compared to side-by-side parking arrangements.

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