The city of Newport Beach, California is rich in history and offers homes that date back to the early 1910's. A large majority of these homes were built on the Balboa Peninsula Point which is a small stretch of land that occupies a three to four block radius between the sandy beach and the waters of the Newport Bay. This is a high density area of Newport Beach with many smaller historic homes built close to each other. At the time these were built this was the premier neighborhood to live due to the close proximity to the Pacific Ocean. Over the years many multi-unit condo buildings and larger estate homes were built in this area which makes it a very diverse community. This is also a high traffic area due to the many vacation renters and beach goers that are visiting some of the top surf breaks like the "Wedge" which is located at the very point of the community.
Historic homes in Newport Beach can also be found in other parts of the city but the highest concentration of these homes can be found in the Balboa Peninsula area. Currently on the market right now is a home that was built in 1910 and has been family owned for 105 years! It's located less than a block to the sandy beach and offers two bedrooms and approximately 909 square feet of living space. The home is on the market for $1,300,000 due to the close proximity to the beach. Many of these older homes will contain one to two bedrooms and often under 1,000 square feet of living space. These are great investment properties for those looking for a second beach residence since you have the flexibility of renting the homes during the off season months. We have collected the current historic homes for sale in the Newport Beach area that are currently offered for sale. Please contact us at 949-444-1901 with questions regarding these homes and the potential tax savings that may be available.