Newport Beach Real Estate Blog

Nov 29

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One of the hidden gems for finding residential condos in Newport Beach is a small community called Villa Siena.  The location is right across the street from the Newport Harbor High School and just minutes to the waters of the Newport Bay and the beach.  What I love about this community is that is still possible to buy a condo near the beach for under $1 million with a total of 15 condos located here.  There is currently a two bedroom split level home that is on the market for $899,000 which features an approximate 1,025 square feet with a very light and bright kitchen with additional features like an interior laundry area and a 2 car underground parking spaces.  

Villa Siena Newport Beach Condo Sales

Condos at Villa Siena rarely come on the market for sale as we did a quick search to

Oct 24

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We had a client call into our office this morning requesting more information on a rental property located in the Granville Newport Beach community.  This is one of my favorite neighborhoods that's located near the Fashion Island shopping center and offers top notch security with a 24 hour guard gated entrance.  Rental properties are very rare to come on the market here with only 21 homes have leased in our multiple listing service in the last 16 years with only 3 homes in the last 7 years.  One of the reasons for this low supply is that the large majority of properties here tend to be owner occupied as well as the community being very small to start with.  All of the homes are located on one street called "Granville Drive" which starts at the gated

Sep 27

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One of the more popular gated neighborhoods to find rental homes near the water is the Bayshores community.  This is a very small but elegant water front community with some beautiful bay front homes.  The activity of available rental properties over the past several years has been really good with a nice selection of furnished and unfurnished homes to choose from.  There tends to be two types of lease terms for homes located here.  First, since the homes are located so close to the water and located in a very desirable location you will find some properties being offered on a short term basis.  The typically come fully furnished and offered on a monthly basis.  The other types of properties will be your standard 12 month lease to start and come

Aug 23

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One of my favorite things to do is look at new construction homes that come on the market for sale.  I know others enjoy this same energy no matter if you are looking to buy a home or just looking for design ideas for your own home.  Newport Beach has a wide selection of new construction properties that are available for sale at any given time.  Unlike other cities like the neighboring city of Irvine, most of the new construction homes are not located in a planned community, rather they are individual properties that are typically built by a spec builder or real estate developer who is building a single home in any given community in Newport Beach.  One exception to this would be the Crystal Cove community in Newport Coast which is currently offering

Jul 21

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The Irvine Terrace community is considered one of the top neighborhoods in the Corona Del Mar area of Newport Beach due to it's prime location that overlooks the water.  It also enjoys a short distance to Fashion Island shopping center as well as Balboa Island which are some of the most visited places in the area.  If you have ever driven through the Irvine Terrace community then you would know this neighborhood is very carefully planned out with a lot of Contemporary, traditional and Bungalow style properties.  Due to the higher price points select properties are being completed remolded or completely rebuilt as a brand new construction home.  Often times these will be done in the Modern architectural style which is currently in very much in high demand

Jun 27

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The real estate market has taken a shift from the record setting years of high price market sales and various bidding wars amongst buyers to a more natural market where homes are settling on the market for a period of time.  The one thing that hasn't changed in the last several years is that home buyers are still looking for homes that need little to no work and properties that have been completely renovated.  The term "turnkey" is a real estate phrase that means that property is completely ready to go with no renovations needed in most cases.  With the market shifting and the idea of a recession looming buyers in this market do not want to take on a project which could cost them a lot of time are money.  If you are a home owner thinking about selling

May 31

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Bayview Terrace is a very nice gated community that is probably one of the best kept secrets when looking for a home.  The neighborhood has always had very attractive real estate prices when compared to similar type neighborhoods throughout Newport Beach no matter if you are looking to buy or to rent a home here.  The location is right next to the Newport Back Bay and the 73 Freeway which really makes it a very convenient place to live.  Over the past 5 years there has been approximately 30 rental properties that have come on the market for lease here, so basically 6 homes a year.  The large majority of these are the 3 bedroom floor plans with some 2 bedroom, 2 bath condos mixed in there as well.  About 5 years ago it was not uncommon to find a rental

Apr 29

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We work with a lot of first time home buyers who are always trying to figure out the best places to live in Newport Beach. Real Estate prices in  Newport Beach have gone up so much in the last several years that it's been really hard for those buying a home for the first time.  We still have seen some really good investments that have come on the market this year so it's still not impossible to find a good starter home.  There are some of the places we recommend looking when first starting to think about buying a home.  We always recommend starting with what your budget will allow and then work your way up.  If that means starting with a smaller condo then that typically is the best way to go.

One of the best places we love in the Newport Beach area

Mar 29

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When looking for a rental property it tends to be all about location and price as many Newport Beach neighborhoods can have crazy high rent prices.  One of the more affordable places to find a rental property in Newport Beach is a small condo complex called Newport Garden Villas.  First, the location is really hard to beat as it's situated in the upscale Westcliff area of Newport Beach.  From this area it's just a very short driving distance to the Newport Beach back Bay Area as well as all of the retail shopping and restaurants located along Coast Highway.  It's also really ideal when commuting to work as it's just minutes to the 55 freeway onramp which connects to the 5, 73 and 405 freeways.  You are basically in the hub of things with a location that

Feb 28

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One of the latest trends in real estate is looking at various places to find homes for sale that are currently not on the market for sale.  With the very low inventory of homes buyers are now staring to look at current rental properties as an avenue to see if those owners would consider selling their home.  We have found this an excellent way to find some properties where the owners might consider selling but it's important to keep a couple things in mind.  Owners of these rental properties may consider selling but since the home is not on the open market they often will want a premium in price to entice them to sell.  Also, if the property is already tenant occupied then the new buyer may have to assume that tenant and be in charge of renting it to them