$7,625,000

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