Newport Beach Real Estate Blog

Feb 27

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The Casa San Miguel Complex is a very small collection of 4 attached single family homes located near the 55 freeway and Bolsa Avenue.  The homes date back to 2002 and built in the adorable Mediterranean architectural design with tons of charm like hardwood flooring, vaulted ceilings, lots of windows to let in the natural light and a wrought iron staircase.  There is currently a new listing that has just came on the market in this complex located at 407 Bolsa Avenue which is listed for $1,895,000.  It features a total of 3 bedrooms with an approximate 2,533 square feet and a 2 car attached garage.  Once you go through the gates there is a cute courtyard at the entrance of the property with a beautiful rounded wood front door.  Once inside you are greeted

Jan 27

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The Meridian is a great place to find short and long term leases that are located in the heart of Newport Beach.  If you are not familiar with the Meridian it's important to note that this is one of the most sought after upscale condo buildings in all of Newport Beach.  A lot of the condos were built about 7 years ago and located between the Newport Beach country club golf course and the Fashion Island shopping center.  What set these condos apart from others is the large square footage floor plans that can overlook the golf course with luxury amenities like the gated entrance and secure underground parking garage as well as a community pool, fitness center and barbecue area.  Of course, the best benefit of living here is being within walking distance to

Dec 19

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The Newport Beach real estate market saw several properties sell for over the $15 million dollar price point with the top three highest sales consisting of properties located right next to the water in the Linda Isle and Balboa Peninsula neighborhoods.  These included luxury bay front homes as well and beach front properties located next to the sandy beach.  It's been a crazy year in real estate that was a total switch as what we experienced in 2021.  We no longer see multiple offers on a lot of properties and homes are typically staying on the market longer than we have seen in several years.  The higher end market for prime properties is still seeing home sell within one to two months if priced correctly.  The top 3 highest sales this year in Newport

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