Tagged : beacon bay newport beach

Beacon Bay is one of the premier bay front communities in Newport Beach with many homes located near a sandy beach that's located in this upscale neighborhood.  One thing that many don't realize is that homes in this community are under lease land.  Beacon Bay is an area that is included in the city of Newport Beach Tidelands which requires the new owner of the property to sign a 50 year lease of the land with the city. The annual lease price is based off the final sales price of the home and calculated at 2.5% of the purchase price.  This is paid on a monthly basis with annual CPI adjustments as well.  One of the stipulations is that you cannot purchase the land under which the property sits on.  We have copies of this lease agreement which is currently

Beacon Bay Newport Beach homes are one of the best kept secrets for those looking to live in a waterfront community in Newport Beach, California.  The community has a nice mixture of waterfront and water close homes.  Architecturally you will find a nice mixture of Cape Cod, French and Mediterranean style two story homes.  Beacon Bay has many association amenities which include a community tennis court, private beach, boat slips and lots of grassy areas for kids and pets to play.   Those looking for a relaxed atmosphere away from the stuffiness of a gated community will be at home at Beacon Bay.  For the first time in many years we have several properties available for sale under the $2 million dollar mark.  One of the homes listed for $1,999,000 was a

When shopping for a bayfront home in Newport Beach you have many options depending on your budget.  Many of the luxury gated communities in Newport Beach feature stunning bayfront homes with commanding views of the Newport Bay.  If you are looking for a small bayfront community then you should consider the Beacon Bay area.  Beacon Bay is a non-gated community located next to Harbor Island, the most expensive gated community in Newport Beach.  Beacon Bay homes sit directly on the sand and have bayfront views looking towards Collins & Balboa Island.  One of the best locations in Newport Beach with an easy walk to Babloa Island and Fashion Island shopping center.  Not all Beacon Bay homes are bayfront as the interior homes will have some bay views.  You will