Balboa Coves Newport Beach

Some of the best bayfront homes can be found in the Balboa Coves Newport Beach community here in Newport Beach, California.  The Coves is a collection of homes located on the water in the Newport Bay area.

Found 11 blog entries about Balboa Coves Newport Beach.

Mar 19

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Newport Beach is a wonderful place to find water front properties as the Newport Bay touches many areas of the mainland.  One such neighborhood is called "Balboa Coves" and is located in the most northern section of the bay near Pacific Coast Highway and the Balboa Peninsula.  Many are not aware of this community since the area is very small but offers homes that sit adjacent to the water.  One of the perks of living here is having a private boat slip that often can handle a boat up to 35 feet.  Some of the first homes were built here in the late 1940's with a large majority of them built in the 1950's.  These are classic beach style bungalow homes that just happen to sit next to the bay which also offers a small sandy beach area. 

Since 1990, there

Jan 31

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January has come to an end and the market has been very active in Newport Beach, California.  The majority of homes sales in Jan 2013 were between the $1,000,000 to $2,500,000 price point in Newport Beach.  The highest grossing sale was a four bedroom, 2,345 square foot ocean front home that sold for $3,350,000.  We have been reporting for some time now that some of the best oceanfront deals are to be found in Newport Beach as similar homes in neighboring towns like Laguna Beach and Dana Point have beachfront homes at much higher price points.  The lowest sale in Jan 2013 in Newport Beach was a probate sale in the Versailles condo building where a 2 bedroom, 2 bath condo sold for $275,000.  Versailles is a small complex where you can find condos under the

Jan 17

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The Newport Beach Real Estate market saw a number of record sales in 2012 with 10 banner sales over the $10 million dollar price point.  Newport Beach is widely known as the most expensive real estate market in the country and the luxury real estate market is very much alive and increasing.  The most expensive home sold was the luxury estate called "One Pelican Hill Road."  The home is located in the Pelican Hill area of Newport Beach and situated on one of the largest lots in the area.  The property was sold in it's current state where construction was in the final stages.  Upon completion of the home, the property would featured a 17 car garage, lush landscaping, multiple terraces, a private lake, tennis court, vineyards, wine cave, horse stable and

Dec 20

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The Newport Beach Boat Parade started last night and was a big success.  There were hundreds of boats in the Newport Harbor as the annual event started with colorful boats and fireworks.  Newport Beach is truly a nautical town with hundreds of waterfront homes with many small islands that have incredible water views. Here is a sample of some of the boats that were on tour last night. The videos were taken at the corner of Harbor Island and Beacon Bay which allowed views of boats going in both directions passing Collins Island and wrapping around the bay.

The first video was a colorful boat that featured dancing palm tree lights, surfboards and a Woody car to complete the ultimate beach theme. This was definitely one of the most colorful boats in the

Aug 1

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For those who love the outdoors and sailing their is no better place to live in Orange County than Newport Beach!  As one of the top sailing hot spots, Newport Beach has no shortage of water front properties.  In fact, you will find more water front communities in Newport Beach than any other beach town in Southern California.  Due to the high concentration of these bay front homes, home buyers are often seeking properties that have boat slips included with the sale.  Boat slips can vary in size depending on the size of the property and it's location. 

The very upper end of the marketplace will often have multiple boat slips included with the sale of the property.  Communities like Harbor Island, for example will have homes listed well above $10 million

Jun 21

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Bay Front properties are plentiful in Newport Beach especially if you have a budget up to $5 Million dollars.   Locating the right community will be the key with this many choices.  One of the more popular places to buy bay front homes in a gated community is the Linda Isle community.  Linda Isle has a wide range of bay front properties as the main street in the community is in a "u" shape that wraps around the bay.  Half of the homes will be on the interior of this u shape with direct water access out to the Bay and Pacific Ocean.  Linda Isle also has bay front properties on the inside channel that face Pacific Coast Highway and Harbor Island Drive.  Prices in Linda Isle will range from $2.5 to $24 million dollars with all homes having direct bay front

Mar 28

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As the market continues to change in Newport Beach one thing is true that the deals are becoming harder to find as the bottom of the real estate market has passed us.  Local media outlets have reported that the Newport Beach Real Estate market is now on an upswing which is causing many home buyers who were on the fence to get out and start looking at properties.  Interest Mortgage rates are still low making this the perfect storm for locating a home.  Currently, the inventory of homes is at a very low point making it even more difficult to find the "good deals."  When looking for well priced homes we always recommend distressed properties.  In the last several years the common thread for most home buyers is finding the nicest home for the lowest price. 

Jan 25

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Finding Fixer Upper Homes For Sale In Newport Beach is easy to find if you know where to look and are ready to act quick.  With the recent downturn in the economy it seems like a lot of buyers are looking for homes that are completely redone and for the lowest prices.  Days of buying fixer upper homes, doing simple renovations and flipping them back on the market are gone.  Today's home buyers are more savvy and know they can be a totally renovated home at bargain prices which will save them more money in not having any renovation costs after the buy the home.  Now with the economy starting to pick back up more and more Newport Beach home buyers are looking for fixer upper homes.  Of course, they still want these homes at a deep discount but the demand for…
Jan 11

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If you have been thinking about investing in Newport Beach Real Estate in 2012 you are not alone.  The real estate market has seen a lot of ups and downs in the last 5 years and many wonder if we are at the bottom of the market?  The Newport Beach Real Estate market is unique to it's own as many Newport Beach home owners pay all cash or a large sum down when purchasing a home.  The result of this habit is the lower number of distressed properties on the market.  In fact, in 2008 when the rest of the country started to go down, the Newport Beach Luxury Real Estate market saw some of the highest sales and seemed to be sheltered from the mortgage fall out.  There is no doubt that we have seen a decrease in prices in Newport Beach but we are starting to see a

Jan 4

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Lower Newport Bay Condos offer the best water views If you are are you looking for a waterfront condo In Newport Beach, California.  Where exactly in the Lower Newport Bay area?  The Lower Newport Bay area is located just south of Pacific Coast Highway and is situated between the Newport Bay and the Balboa Peninsula which is located on the other side of the bay.  This area is very well known for it's luxury waterfront properties with some of the best panoramic views.  Currently, the inventory of condos in this area is very low with only 2 condos on the market.   Budget on spending at least $800,000 for a water front condo in this area as they are very much high in demand and real estate is not cheap in this neighborhood.  We found one waterfront condo