Back 506 Avocado Avenue
Off Market

506 Avocado Avenue

Newport Beach CA 92625

2
3
2
1295 sq. ft.
3540 sq. ft.
Condo
Last sold for $3,100,000
Betty GulezyanBetty Gulezyan, last sold this property on 20 March 2026 after 195 days on market.

Overview

Brand new construction by I.D.L. Home Inc. custom home builder well regarded for the quality of their construction, exceptional craftsmanship and attention to detail. This home offers elegance in coastal living both sophisticated and relaxed. Vaulted ceilings, large Bi-folding doors and picture windows provide for expansive dining and lounging areas, with an abundance of natural light coming through, excellence in indoor-outdoor living. The entire home boast an approximate 560 sq. ft. of outdoor living space. Also featured is a modern upscale gourmet kitchen with custom cabinetry with panel finishes, top of the line appliances, Wolf 6 burner contemporary cooktop, microwave, and dishwasher, Sub-Zero Refrigeration, an entertainer's dream. Primary bedroom offers a walk-in closet, the entire space is both luxurious as it is tranquil. The primary bath with elegant fixtures and a freestanding tub is an oasis retreat. The third floor encompasses a bedroom with en-suite bath and a rooftop terrace which has peak-a-boo ocean views for lounging, dining or entertaining pleasures. The entire home is wired to integrate Control 4 Audio/visual system and electronic shades. This home also includes solar panels to reduce cost and carbon emission. This is a great opportunity to live in CDM Village/border Irvine Terrace, the street offers ample parking and privacy, walking distance to the world's finest beaches, restaurants and Fashion island for the finest shopping experience.

Features

2 bedrooms
3 bathrooms
2 carspaces
1 carport space
1 garage space
1295 sq. ft. floor area
3540 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Newport Beach over the last 12 months, the estimated median property value of 506 Avocado Avenue is $2.6m.

Median value
$2.6m
Estimated value range
$1.28m - $4.85m
Median days on market
65
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newport Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 506 Avocado Avenue

2026
Sold
$3,100,000
20 Mar 2026 by Betty Gulezyan, of Real Estate Source, Inc
2025
Sold
$4,775,000
05 Aug 2025 by Betty Gulezyan, of The Turtlestone Group Corp
2021
Sold
$2,625,000
02 Nov 2021 by Casey Lesher, of Coldwell Banker Realty

Happy sellers in Newport Beach

100%
100% of sellers in Newport Beach reported that their sale price either exceeded or met their price expectations.

Newport Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Newport Beach over the last 12 months.

Local market activity for 2 bedroom condos in Newport Beach

In the last 12 months, 36 two-bedroom condos similar to 506 Avocado Avenue, have been sold.

This represents a 24% decrease in two-bedroom condos sales when compared to the previous 12 months.

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