Tagged : Irvine Terrace Newport Beach

Irvine Terrace is a popular Newport Beach community located in the plush Corona Del Mar area.  It is considered one of the more desirable neighborhoods due to it's prime location that overlooks the Pacific Ocean with Catalina Island and sunset views. Due to larger lot sizes in this community it's not uncommon for homes in this area to have their own private swimming pool and spa.  The homes were originally built in the 1950's and secondary beach homes with many of the original style homes still exist to this day.  Many of have remolded or torn down these older homes and built brand new construction homes in it's place to take advantage of the views and add extra square footage with modern amenities.

Real Estate prices currently start at $3,195,000 for

Irvine Terrace in Newport Beach has seen a very healthy number of sales in 2012.  Since January 01, 2012 there have been 10 properties that have sold in the Irvine Terrace community ranging from $1,200,00 to $5,200,000.  This averages out to selling at $953.50 a square foot.  It's important to note that all of these were non distressed sales expect for one bank owned property.  These standard sales show a healthy economy and will continue to grow strong in 2013. 

Currently there are three homes for sale in Irvine Terrace that range from $1,595,000 to $5,500,000.  These prices reflect homes on the smaller scale to larger homes with expansive water views.  2 Properties are currently in back-up status at $1,250,000 and $1,935,000 and 2 pending sales at