Cliffhaven Newport Beach

Newport Beach is one of the most expensive places to live in Southern California and we always have clients looking for distressed properties as a way to get into the real estate market.  Bankruptcy sales are different than bank owned or short sales as the latter has occurred after the bank has foreclosed on the home and the owner is no longer living in the home.  Short Sales differ as the owners are typically still living in the home and are selling the property and asking the bank to forgive the difference between what they owe to the bank and the offering price of the home.  A Bankruptcy sale occurs when the owner is liquidating their assets in order to be in compliance with the bankruptcy rules and regulations.  There is a certain process in order to

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One of the recent occurrences that has happened in the last year due to the COVID vaccine in the trend for more homes to have private gyms.  This started soon after the stay at home order that occurred in April 2020 when many were forced to stay inside their homes and not be able to visit their local gym.  This lead to a large number of homeowners buying some kind of gym equipment to help them stay in shape.  The pandemic has resulted in more families having a dedicated space in their home or garage for some kind of gym or fitness area.  Of course, some of the more expensive and large estate homes have always had this feature inside their homes as it's a big selling item when they go to sell.

Many of the lower priced homes featured here having a bonus

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One of the most common requests we get from clients looking for a home is having a main floor master bedroom.  This is especially true for baby boomers who are looking to settle in their retirement home but have concerns about having to go up and down the stairs.  Having a main floor bedroom still allows the buyer to buy a larger home with plenty of room for incoming guests and additional family members.

There are several neighborhoods that offer a downstairs Master bedroom in their floor plans if you know where to look.  Communities like Big Canyon offer large single family two story homes that come with a downstairs Master.  Other great options found in the Newport Beach area for residential single family homes would be the Cliffhaven and Lido Isle

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One of the benefits of being a real estate agent is getting exclusive viewings of the latest homes and condos to come on the market in Newport Beach.  Not all properties are but on this caravan open house but the large majority of brand new listings like to get this added exposure to qualified agents who may have clients looking for a particular type of property.  Broker Preview in Newport Beach happens every Friday from 11:00am to 2:00pm and often includes refreshments of food and drinks to entice the agents to come to their listing.

What do you need to do to get your home on the broker preview list?  First, the home must be added into the multiple listing service which instantly gains you exposure over the Internet and all of the real estate website

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Cliffhaven is well known as one of the premier places to live if you are looking for an ocean view in Newport Beach.  Located just north of Coast Hwy and near the Newport Bay is the community known as "Cliffhaven."  The homes in this community large with a variety of architectural styles like the classic Bungalow to the grand Mediterranean Estates.  Many of the homes will have a small view of the ocean but the truly amazing homes will have unobstruced views that are truly amazing as pictured below.

Home prices in Cliffhaven normally start just under $1.3 million with a pending sale at $1,295,000.  Ocean view homes tend to be over the $2 million dollar price point with a pending sale in the community on famous Kings Road listed for $2,375,000.  Sales

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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

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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

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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. 

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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…

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

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