Corona Del Mar Real Estate

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

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Ocean Blvd is a the premier ocean view street the run parallel with the Pacific Ocean in Corona Del Mar, California. The street starts around the China Cove beach area that is pictured below in the middle and continues along side the ocean near Corona Beach. The homes located on this street have some of the best vantage points for offering Pacific Ocean, Catalina Island, Main Channel and Newport Harbor views. These are also some of the most expensive real estate in the Corona Del Mar area with homes prices ranging from $10 to $35 million dollars.

Homes located on the south end of Ocean Blvd will have the best Newport Harbor and Main Channel views as they face directly towards Newport Beach across the bay. Heading north and toward Corona Beach will be

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The Sandcastle condo community is one of my favorite building for a number of reasons.  For starters, it's located in a prime area in the downtown section of Corona Del Mar.  First, the location is second to none. Located off Alvacado street which makes it way down to the beach from the Irvine Terrace community which is approximately 5 to 6 blocks away.  In the opposite direction, you are walking distance to Fashion Island shopping center which is world renown for it's high end shopping with big names like "Neiman Marcus" and "Bloomingdale's" to name a few.  Since you are located in the downtown area you are just steps away from the many unique shops and local restaurants that line Pacific Coast highway.

Second, the condos are some of the best values

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The Corona Del Mar spyglass area is located south of Pacific Coast Highway near Bayside Drive and is one of the best places to find both Newport Bay and ocean views as pictured below.  This location offers the best of both worlds since it's located very close to the beach and also close to the many shops and restaurants that line Coast Highway in Corona Del Mar.  The photo below was taken on 1st Ave near Avocado Lane and looks directly at the Balboa Peninsula with the bay on one side and the Pacific Ocean on the horizon.  Home prices in this area will start at $695,000 for a one bedroom condo and can go as high as over $21 million for a bluff front estate home.  Residentail single family homes are the norm here with home prices starting over $1.2

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Shore cliffs is an ocean view community in the Corona Del Mar area of Newport Beach.  One of the best values in the community is a white water ocean view home that is currently on the market for $6,199,000.  The home features 5 bedrooms, 6.5 baths and built by the renowned home builder Tony Valentine.  This beautiful Mediterranean style home has a lot of extra features to the home including a walnut paneled library, a theater room and a huge 7 car garage that is estimated at 2,000 square feet.  The home also has a lot of nice touches like Lalique and Baccarat lighting as well as a rooftop patio, complete with an outdoor kitchen.

The Shore cliffs neighborhood is one of the premier communities in the area with home prices starting at $4 million dollars. 

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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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Irvine Terrace in Newport Beach has seen a very healthy number of sales in 2012.  Since January 01, 2012 there have been 10 properties that have sold in the Irvine Terrace community ranging from $1,200,00 to $5,200,000.  This averages out to selling at $953.50 a square foot.  It's important to note that all of these were non distressed sales expect for one bank owned property.  These standard sales show a healthy economy and will continue to grow strong in 2013. 

Currently there are three homes for sale in Irvine Terrace that range from $1,595,000 to $5,500,000.  These prices reflect homes on the smaller scale to larger homes with expansive water views.  2 Properties are currently in back-up status at $1,250,000 and $1,935,000 and 2 pending sales at

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Terraces condos in the Corona Del Mar area of Newport Beach offer the only 55+ senior community in Newport Beach, California. If you are lucky enough to be older than 55 year old then you are eligible to buy in this community. Located just 1 block to the new Oasis community center and 5 short blocks to the beach is the luxury development called the "Terraces.". The Terraces offer two bedroom, two bath single level condos with a two car attached garage and indoor laundry. There is a community pool, spa and clubhouse facility with canyon views. The clubhouse has many senior activities and events for the residents. Currently, there are no condos being offered for sale but expect condo prices to range from 700,000 to $950,000 depending on location and…

Newport Beach has an abundance of water front homes and condos for sale.  Depending on what part of the city you want to live will determine the right community for you.  The Corona Del Mar area of Newport Beach is an excellent place to live with easy access to local shopping and restaurants that line Pacific Coast Hwy and lead into the central Newport Beach area.  Along the coast in Corona Del Mar you will find a special place call Chanel Reef.  Channel Reef Condo building has been around since the early 1960's and was one of the earlier water front condos to be built in the area.  The condo building has a prime location and includes a secure gated area as well as a salt water pool and potential boat slips when available.  If you are looking for grand

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