The Corona Del Mar area of Newport Beach is home to many wonderful communities located near the beach. If you are looking for a gated community near the beach with home prices under the $1,000,000 price point then the Jasmine Park neighborhood should be on your list. Jasmine Park homes were built in 1986 in the Traditional architectural style with the large majority of the homes being two story. The community is ideally situated near the beach and high enough to enjoy wonderful ocean and Catalina Island views. The neighborhood itself is very clean and is located within an association that covers the community pool and spa area.
Jasmine Park Home prices have varied over the years. At the height of the market these homes sold for as high as $1.5 million but with the downtown in the market these gated community homes can be found in the mid $800,000 range! The community is located about 7 blocks to the Corona Del Mar beach and just minutes to the Fashion Island shopping center and the many restaurants that line Coast Hwy. Currently, there is one active listing and one property pending closing in the community as housing inventory is very low city wide. Buyers looking in the price range should act quickly as the market is starting to pick up in the Newport Beach & Corona Del Mar Neighborhoods. If you are looking for similar type neighborhoods to Jasmine Park you may want to consider the Jasmine Creek community as well.