One of the great things when searching for homes is finding a home that has never been on the market before or for many years. These are typically very desirable homes that the owners had decided not to sell for a very long time. We see a good mixture of homes that have never been on the market before to homes that haven't come on the market in the last 40 to 50 years. A perfect example of this is a home located at 1802 W Oceanfront in Newport Beach. The home had been within the same family for many generations and passed on to each set of family members throughout the years. The duplex property was built in 1929 so expect smaller sized bedrooms, baths and closets. The true selling point for this home it's prime location right on the beach with sit down beach views from your living room! As to be expected the property did generate an offer and is currently under contract and in-escrow.
There are also other homes like 1947 Windward Lane which is located in the Baycrest North neighborhood has not been on the market for over 50 years according the listing agent. The four bedroom, three bath home features 2,124 square feet of living space and features a private pool and an attached two car garage. It's on the market for $1,850,000 and not surprisingly has already received an offer on it and is currently in-escrow. The Newport Beach Real Estate market has been very strong this year due to very low inventory in fact due to COVID19 as well as very low interest rates. For assistance in finding a home in the Newport Beach area please contact our local real estate agents at 949-444-1901.