Newport Beach Condos For Sale

With every down turn in the real estate market we start to see more and more properties thinking creatively on how to sell their home.  One of ways that some listings get sold is to offer some kind of seller financing to help the buyer be able to get a loan on the property.  Seller financing is something that is not typically popular when the market is hot and is normally only seen when homes are taking longer than usual to sell.  The current marketplace in Newport Beach is relatively quiet right now since the months of October through the end of the year is considered the off-season and is normally not a busy time of the year.  Homes do take longer to sell right now so we are starting to see some sellers offer some kind of seller financing to help get

One of the newest & most exiting communities in Newport Beach is the Lido Villas community.  Anyone familiar with the Lido area of Newport Beach understands this is prime real estate next to the Newport Bay and the Lido Village filled with quaint shopping, restaurants and it's own historic theater.  The Lido Villas builder has elected to build 23 luxury townhouses near the water with current real estate prices starting just under $2 million dollars for a two bedroom, two and a half bath townhouse with 1,870 square feet.

Many of the townhouses located here feature 3 levels of living space with roof top decks to take in the great views.  The architect for these homes did a great job creating a cohesive open floor plan that joins the various rooms

One of the smaller neighborhoods located near the border of Costa Mesa and Newport Beach is the Vista Bahia community.  The location is near the 73 freeway and Irvine Avenue with very affordable residential condos for sale.  This is very close to being called the East Side Costa Mesa area which is also a very nice area.  Having a Newport Beach address tends to make the home a little more expensive even though similar homes in Costa Mesa are just a couple blocks away.  On average, homes in this area come on the market once a year and typically priced in the mid $600,000 range for a two or three bedroom condo with approximately 1,500 square feet of living space.  The condos are typically located in the 2500 block of University Drive which is a very short

One the best places to find water front condos in Newport Beach is in the Lido Peninsula area,  Located at the very beginning of the Peninsula on the West Lido Channel is a set of condos known as the Lido Park Place condos.  This Is a very popular neighborhood with popular restaurants like Bluewater Grill, Buddha's Favorite and The Dock as well as small boutique shopping in the Lido Marina Village area.  In Newport Beach there are three large islands that city in the middle of the Newport Bay which consist of Balboa Island, Lido Island and the Lido Peninsula.  The Lido Peninsula is the smallest of these three islands and mainly consist of residential condos, manufactured homes and combined commercial and residential spaces at the Cannery Village condo

Newport Beach is considered one of the most expensive beach towns in Orange County, California with real estate two to three times higher that surrounding cities.  What makes Newport Beach so desirable and in high demand it's close proximity to both the Newport Bay and the Pacific Ocean.  Many of the most exclusive neighborhoods are not beach front but guard gated bay front communities.  The lure for bay front homes is the offering of a private boat dock as many high wealth residents who live in Newport Beach have their own private boat or yacht.  Our guide here showcases the various Newport Beach Real Estate prices for both condos and single family homes.

As of July 2017, the lowest priced single family home in Newport Beach, California is listed at

Real Estate prices have really gone up since the big dip on 2008 as it's getting hard to find any properties in the Newport Beach area for under $500,000.  There are still a few select neighborhoods that offer these low prices if you know where to look.  These will be residential condos as detached single family homes in Newport Beach on non leased land currently start at $855,000.   Here is a quick guide to start your real estate search in Newport Beach.

First, we highly recommend the Versailles complex in Newport Beach.  The location offer high marks for value as it's about a 5 block radius to the beach and located next to Hoag Hospital and the Newport Bay.  Most of the condos located here can be bought for under $500,000 with select units offering

Beyond the traditional ways of buying a home where you make an offer, get it accepted, close escrow and then move into a home is the Life Estate.  A Life Estate is a legally binding contract that allows the current owner to live in the house even after the property is sold.  This turns to be a good deal for the owner but not such a good deal for the one who is buying the property.  This has recently been made news headlines with the sale of the Playboy Mansion in Los Angeles where the current owner, Hugh Heffner, wishes to stay in the house until he dies.

When marking a home for sale with a life estate, one of the negative side effects this may cause is a very limited number of buyers that would be willing to purchase a property with a Life Estate

The Meridian is a brand new community in the heart of the city of Newport Beach, California with 79 luxury townhouses next to the Marriott Hotel & Spa.  The complex has a lot to offer including the prime location situated right next to the Fashion Island shopping center off Santa Barbara Drive and overlooks the Newport Beach country club golf course.  Properties in this area typically sell for top dollar due to being close to many top restaurants and high end shopping as well as being located just minutes to the beach.  The complex features luxury townhouses with a total of 18 different floor plans to choose from that go as high as 3,822 square feet with three large bedrooms and three and a half baths.

The Newport Beach country club golf course that

Newport Beach is filled with many water front homes in neighborhoods that surrounded the Newport Bay which leads out to the Pacific Ocean.  For those who prefer owing a residential condo located on the waters edge then the Mai Kai condo complex has a lot to offer.  Where exactly are Mai Kai condos located?  The condominiums are located on the plush Bayside Drive in the Corona Del Mar area of Newport Beach with a total of 33 units.  These are widely popular since they are single level look directly over the Newport Bay.  Over the last 13 years only less than 8 units have come on the market for sale and have consistently been listed close to the $2 to $3 million dollar range.  The large majortity of these units are two bedrooms units with a select three and

Living in the Big Canyon McLain condo community has a lot to offer and is one of the best kept secrets in Newport Beach.  Located on the perimeter of the Big Canyon golf course near the 6th fairway is a community of 61 luxury townhouses that can offer wonderful golf course views.  The location is almost to good to be true considering prices are often found well below the one million dollar price point for a community situated in the heart of the city of Newport Beach near Fashion Island shopping center and the beach.

Big Canyon McClain features two to three bedroom floor plans that offer a combination of golf course and city light views.  The community itself has two separate sections located on the north and south south of Ford Road.  The southern