Promontory Bay Newport Beach

Promontory Bay Newport Beach homes are some of the best bayfront properties on the market in Newport Beach, California.  Located near Beacon Bay, Promontory Bay offers bay front living close to Balboa Island and Fashion Island shopping center.

Found 11 blog entries about Promontory Bay Newport Beach.

Jun 26

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The Promontory Bay community offers direct water front homes with private boat docks that can accommodate large yachts and smaller size Duffy's.  Situated in the Newport Bay, the homes in this area are located on the opposite side of the bay from Beacon Bay and the Basin Marine were many yachts are parked here.  This is a very small neighborhood with a total of 61 homes that all have water front locations.  45 of these homes face towards the main part of Newport Beach and have views of the Promontory Point condo buildings while 16 of the homes are located on Bayside Drive and looks towards the homes situated on Harbor Island Drive. 

This is an exclusive area with water front homes often priced in the four to ten million dollar range.  Promontory Bay

Jan 31

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January has come to an end and the market has been very active in Newport Beach, California.  The majority of homes sales in Jan 2013 were between the $1,000,000 to $2,500,000 price point in Newport Beach.  The highest grossing sale was a four bedroom, 2,345 square foot ocean front home that sold for $3,350,000.  We have been reporting for some time now that some of the best oceanfront deals are to be found in Newport Beach as similar homes in neighboring towns like Laguna Beach and Dana Point have beachfront homes at much higher price points.  The lowest sale in Jan 2013 in Newport Beach was a probate sale in the Versailles condo building where a 2 bedroom, 2 bath condo sold for $275,000.  Versailles is a small complex where you can find condos under the

Jan 17

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The Newport Beach Real Estate market saw a number of record sales in 2012 with 10 banner sales over the $10 million dollar price point.  Newport Beach is widely known as the most expensive real estate market in the country and the luxury real estate market is very much alive and increasing.  The most expensive home sold was the luxury estate called "One Pelican Hill Road."  The home is located in the Pelican Hill area of Newport Beach and situated on one of the largest lots in the area.  The property was sold in it's current state where construction was in the final stages.  Upon completion of the home, the property would featured a 17 car garage, lush landscaping, multiple terraces, a private lake, tennis court, vineyards, wine cave, horse stable and

Aug 9

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Newport Beach condos come in all shapes and views depending on what part of Newport Beach you are looking to call home.  Most condo buyers moving in to the Newport Beach area want some kind of a view.  Views can vary from ocean to water views to views of the canyon and hills.  If you are in the market for a water view condo then there are a few key areas you should start your search.  Of course, budget always comes into play as price ranges can vary a lot and currently range from $300,000 to $3 million dollars. 

1) Start your search around the Balboa Peninsula area.  Condos in this area are abundant and if you can find the ideal condo along the Newport Bay then the views will be spectacular.  The Peninsula is a mixture of condos, homes and multi-unit

Jul 11

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We love contemporary homes as they offer a unique break from the traditional Mediterranean and Spanish style architecture that is so heavily found in Newport Beach, California.  Although these homes are harder to find than other beach communities along the coast the demand is still there for these unique homes.  One of the variations of the contemporary style is the "soft contemporary" architectural style.  Soft Contemporary homes embody the contemporary style without all the defining lines you will find in contemporary homes.  The homes exterior and interior walls will have more of a natural curve with softer lines and edges.  Clients who like a well balanced home often prefer this style over the harder contemporary lines.  Some of the best places to

Jun 21

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Bay Front properties are plentiful in Newport Beach especially if you have a budget up to $5 Million dollars.   Locating the right community will be the key with this many choices.  One of the more popular places to buy bay front homes in a gated community is the Linda Isle community.  Linda Isle has a wide range of bay front properties as the main street in the community is in a "u" shape that wraps around the bay.  Half of the homes will be on the interior of this u shape with direct water access out to the Bay and Pacific Ocean.  Linda Isle also has bay front properties on the inside channel that face Pacific Coast Highway and Harbor Island Drive.  Prices in Linda Isle will range from $2.5 to $24 million dollars with all homes having direct bay front

Mar 28

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As the market continues to change in Newport Beach one thing is true that the deals are becoming harder to find as the bottom of the real estate market has passed us.  Local media outlets have reported that the Newport Beach Real Estate market is now on an upswing which is causing many home buyers who were on the fence to get out and start looking at properties.  Interest Mortgage rates are still low making this the perfect storm for locating a home.  Currently, the inventory of homes is at a very low point making it even more difficult to find the "good deals."  When looking for well priced homes we always recommend distressed properties.  In the last several years the common thread for most home buyers is finding the nicest home for the lowest price. 

Jan 25

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Finding Fixer Upper Homes For Sale In Newport Beach is easy to find if you know where to look and are ready to act quick.  With the recent downturn in the economy it seems like a lot of buyers are looking for homes that are completely redone and for the lowest prices.  Days of buying fixer upper homes, doing simple renovations and flipping them back on the market are gone.  Today's home buyers are more savvy and know they can be a totally renovated home at bargain prices which will save them more money in not having any renovation costs after the buy the home.  Now with the economy starting to pick back up more and more Newport Beach home buyers are looking for fixer upper homes.  Of course, they still want these homes at a deep discount but the demand for…
Jan 11

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If you have been thinking about investing in Newport Beach Real Estate in 2012 you are not alone.  The real estate market has seen a lot of ups and downs in the last 5 years and many wonder if we are at the bottom of the market?  The Newport Beach Real Estate market is unique to it's own as many Newport Beach home owners pay all cash or a large sum down when purchasing a home.  The result of this habit is the lower number of distressed properties on the market.  In fact, in 2008 when the rest of the country started to go down, the Newport Beach Luxury Real Estate market saw some of the highest sales and seemed to be sheltered from the mortgage fall out.  There is no doubt that we have seen a decrease in prices in Newport Beach but we are starting to see a

Jan 5

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Real Estate in the Balboa Peninsula area tends to be expensive due to it's location to the Pacific Ocean and the Newport Bay.  If you are looking in this area you may want to consider the many condos that are for sale here.  Condos will typically start around $500,000 for a small 2 bedroom condo and go as high as over $2 million for a luxury water view condo.  One of the main draws to this area in the close proximity to the beach.  No matter where you live on the Balboa Peninsula strip you are always just a couple blocks to the beach.  Tourists love this area as well for it's high density of rental homes as it makes the perfect beach vacation.  The Balboa Fun Zone and boat cruises are also located here on the Balboa Peninsula.  The Peninsula is not for