Newport Beach Oceanfront Homes

The Newport Beach real estate market saw several properties sell for over the $15 million dollar price point with the top three highest sales consisting of properties located right next to the water in the Linda Isle and Balboa Peninsula neighborhoods.  These included luxury bay front homes as well and beach front properties located next to the sandy beach.  It's been a crazy year in real estate that was a total switch as what we experienced in 2021.  We no longer see multiple offers on a lot of properties and homes are typically staying on the market longer than we have seen in several years.  The higher end market for prime properties is still seeing home sell within one to two months if priced correctly.  The top 3 highest sales this year in Newport

The real estate market has taken a shift from the record setting years of high price market sales and various bidding wars amongst buyers to a more natural market where homes are settling on the market for a period of time.  The one thing that hasn't changed in the last several years is that home buyers are still looking for homes that need little to no work and properties that have been completely renovated.  The term "turnkey" is a real estate phrase that means that property is completely ready to go with no renovations needed in most cases.  With the market shifting and the idea of a recession looming buyers in this market do not want to take on a project which could cost them a lot of time are money.  If you are a home owner thinking about selling

One of the latest trends in real estate is looking at various places to find homes for sale that are currently not on the market for sale.  With the very low inventory of homes buyers are now staring to look at current rental properties as an avenue to see if those owners would consider selling their home.  We have found this an excellent way to find some properties where the owners might consider selling but it's important to keep a couple things in mind.  Owners of these rental properties may consider selling but since the home is not on the open market they often will want a premium in price to entice them to sell.  Also, if the property is already tenant occupied then the new buyer may have to assume that tenant and be in charge of renting it to them

One of the latest trends in real estate are fractional ownership properties.  Over the last year we are starting to see more and more of these listings come on the market for sale here in Newport Beach.  The very low price point is what grabs a lot of buyers attention thinking that they can get this beautiful home or condo for a fraction of what it would normally sell for until they read the property description and find out that it's only for partial ownership. What's happening is that larger companies interested in investing in real estate will purchase prime real estate that will have the most appeal to a large number of buyers.  This would include a nice view of the city or ocean views, open floor plan with high ceilings and a good number of rooms

Newport Beach is one of the best places when looking for water front home.  There are a wide range of luxury estate homes and condos that sit directly on the bay front.  For those looking for a townhouse on the water those are harder to come by in Newport Beach.  The main difference between a condo and a townhouse is that a townhome will be typically located on two different levels with a condo typically just on one.  There are a few places to find waterfront townhouses in Newport Beach that include Bayside Cove, Residences at the Vue Newport, Lido Parc and Newport Marina Village.

Probably the best place to look for two story townhouses in Newport Beach on the water is the Bayside Cove community.  This is a premier complex that offers wonderful water

One of the most impressive gated communities by the beach in Newport Beach is arguably the Pelican Point community.  If you have never been inside this community you are not alone as it boasts one of the toughest neighborhoods to enter with 24 hour around the clock security gate that secures the small collection of homes that exist here.  Getting to to this entrance of this community is rather easy as it's right on the edge of the Corona Del Mar and Newport Coast border and the only gated community along the beach in this area.  Pelican Point is a sister neighborhood to the upscale tracts like Pelican Hill which is named after the 5 star Pelican Hill hotel that resides in this area.  What you can expect are some of the nicest Spanish & Mediterranean style

There are several Newport Beach homes that are scheduled to be coming soon on the market for sale.  Home buyers now have real time access to these Newport Beach properties with a new coming soon feature that has been added to our website.  What is exactly is a coming soon listing?  Think about any time you have spoken with a real estate agent and they know of a property that will be coming on the market in the near future.  Many of these kind of properties were sold privately before ever becoming public knowledge so our Realtor member association has come up with a way that these can be shared publicly online so everyone has the same access to these properties.

The Newport Beach Real Estate market has been very strong for the past 9 months due to a

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

It's that time of the year again when everyone seems to be looking for a furnished vacation rental property.  Most people that call into the office are looking for the months of June & July as these tend to be the most requested and popular months.  August and September tend to be little more affordable than June & July if you are flexible on your dates and don't need to come on any specific date.  One thing to keep in mind is a thing called June Gloom that we have every year in Southern California where there is pretty much a solid month of overcast skies.  The last several years this has occurred in the month of May but this year we have had pretty sunny weather so far so it may hit in the month of June or a little bit later.  Many tourists that come to

Many home buyers go through the trouble of having to buy furniture for a home after the successfully purchase a home.  If you have ever gone through this process it can be very time consuming and very expensive.  This is especially true for large square footage homes or modern homes that require a certain type of furniture.  There are several Newport Beach owners who are now offering their homes furnished with the sale of their home.  This comes in a wide range of properties that start with a two bedroom condo in the Big Canyon Mclain community and is listed for $679,000 and comes fully furnished per inventory.  There are actually 10 properties currently on the market sale right now in Newport Beach that are being offered with furnishings.

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