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Sold for $9,458,750
    • Listed by: Pacific Sotheby's Int'l Realty • Debra Bibb • Contact: 949-533-5101
    Bought with: Re/Max Real Estate Group
    $9,458,750

    506 Harbor Island Dr, Newport Beach, CA 92660

    3beds
    3,523sqft
    Single Family Residence
    Built in 1977
    5,000 Square Feet Lot
    $10,479,900 Zestimate®
    $2,685/sqft
    $28,147 Estimated rent

    Home value

    $10,479,900

    $9.22M - $12.05M

    $28,147/mo

    Zestimate® history
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    What's special

    Private dockNewport harborCentral newport beach locationExotic woodsRenowned fashion island shoppingNewport centerBay locations
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Debra Bibb DRE #00602463 949-533-5101,

    Pacific Sotheby's Int'l Realty

    Bought with:

    Donnie Bowen, DRE #01317912

    Re/Max Real Estate Group

    Source: CRMLS,MLS#: NP24075026MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    • Main level bathrooms: 2
    Rooms
    • Room types: Bedroom, Foyer, Office, Other, Dining Room
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Dual Sinks, Separate Shower
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Barbecue, Double Oven, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
    • Laundry: Laundry Room
    Features
    • Wet Bar, Breakfast Bar, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, All Bedrooms Up, Entrance Foyer, Walk-In Closet(s)
    • Windows: Wood Frames
    • Has fireplace: Yes
    • Fireplace features: Gas Starter, Great Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,523 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Direct Access, Driveway Level, Driveway, Garage Faces Front, Garage, Garage Door Opener
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Multi/Split
    • Entry location: street
    • Exterior features: Barbecue, Boat Slip, Dock
    • Pool features: None
    • Has view: Yes
    • View description: Bay, Harbor
    • Has water view: Yes
    • Water view: Bay,Harbor
    • Waterfront features: Bayfront, Dock Access, Ocean Side Of Highway
    Lot
    • Size: 5,000 Square Feet
    • Features: Landscaped, Rectangular Lot, Street Level
    Details
    • Parcel number: 05042137
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Fishing, Gutter(s), Sidewalks
    • Subdivision: Promontory Bay Custom (Pbcs)
    HOA
    • Has HOA: Yes
    • Amenities included: Picnic Area
    • HOA fee: $460 annually
    • HOA name: Promontory Bay
    • HOA phone: 949-533-5101
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,685/sqft
    • Tax assessed value: $9,840,883
    • Date on market: 4/21/2024
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan

    Price history

    DateEventPrice
    6/18/2024Sold$9,458,750-3.5%$2,685/sqft
    Source: CRMLS #NP24075026 Report a problem
    6/11/2024Pending sale$9,800,000$2,782/sqft
    Source: CRMLS #NP24075026 Report a problem
    5/7/2024Contingent$9,800,000$2,782/sqft
    Source: CRMLS #NP24075026 Report a problem
    4/21/2024Listed for sale$9,800,000$2,782/sqft
    Source: CRMLS #NP24075026 Report a problem
    9/25/2019Listing removed$16,000$5/sqft
    Source: Pacific Sotheby's International Realty #NP19113605 Report a problem
    8/17/2019Price change$16,000-15.8%$5/sqft
    Source: Pacific Sotheby's International Realty #NP19113605 Report a problem
    5/16/2019Listed for rent$19,000$5/sqft
    Source: Pacific Sotheby's Int'l Realty #NP19113605 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $9,840,883 +2%
    2025$101,490 +1312.7%$9,647,925 +1394.6%
    2024$7,184 +2.4%$645,533 +2%
    2023$7,015 +1.7%$632,876 +2%
    2022$6,895 +1.9%$620,467 +2%
    2021$6,764 +1%$608,301 +1%
    2020$6,699 $602,064 +2%
    2019$6,699 +2%$590,259 +2%
    2018$6,566 +3.8%$578,686 +2%
    2017$6,324 $567,340 +2%
    2016$6,324 +2.3%$556,216 +1.5%
    2015$6,185 +3.4%$547,862 -82.4%
    2014$5,982 $3,114,074 +482.4%
    2013-- $534,704 +2%
    2012-- $524,220 +2%
    2011-- $513,942 +0.8%
    2010-- $510,101 -0.2%
    2009-- $511,314 +2%
    2008-- $501,289 +2%
    2007-- $491,460 +2%
    2006-- $481,824 +2%
    2005-- $472,377 +2%
    2004-- $463,115 +1.9%
    2003-- $454,628 +2%
    2002-- $445,714 +2%
    2001$4,527 +2.6%$436,975 +2%
    2000$4,413 $428,407
    Find assessor info on the county website

    Neighborhood: 92660

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    Estimated market value
    $10,479,900
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    Estimated market value
    $10,479,900

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