Top 3 Sales in Newport Beach For 2016

2016 has been a record year with over 862 homes sold to date with still another 21 days until the end of the year.  Every year we make the tradition of looking at the top 3 Sales that occurred in Newport Beach for 2016.  Every year the properties and neighborhoods change but always consistently see sales up to the $20 million dollar price point.  This year the top three sales occurred in the Linda Isle gated community, Harbor Island gated community and Lido Isle.  Here is quick run down of these top real estate sales.  The first sale occurred at 86 Linda Isle, Newport Beach.  The property sold for $20,000,000 and closed escrow on 10/19/2016.  It was originally marketed at $24,995,000 and was on the market for a short 140 days.  Located in the Linda Isle guard gated neighborhood, the 4 bedroom four and a half bath home featured 6,788 square feet on a 8,276 square foot lot.  It was newly built this year with the highest quality contractions materials and great attention to detail.  This was a beautiful waterfront estate that could accommodate a 60 foot vessel.

The next highest sale occurred at 3 Harbor Island in Newport Beach.  The property sold for $12,900,000 and closed escrow on 1/29/2016.  Located in the gated community of Harbor Island, a small private island of only 30 bay front properties.  The give bedroom, six and a half bath home featured 8,765 square feet of living space and located on an 8,276 square foot water front lot.  The home came with a large private pier and slip with additional amenities like a custom wine cellar, media room, four car garage and private pool.   3 Harbor Island was on the market for a total of 230 days and was originally listed at $15,800,000.

The third highest sale occurred in the Lido Island neighborhood.  800 Via Lido Nord, Newport Beach sold for $12,500,000 and closed escrow on 12/05/2016.  The five bedroom, six bath home featured 5,463 square feet of living space and was located on a 5,400 square foot bay front lot.  The home was newly built in 2008 and feature 60 feet of bay frontage to the Newport Chanel.  The land was actually a double lot that can accommodate an approximate 70 foot vessel on the east side and a 50 foot vessel on the west.  Some additional highlights of the home includes a 3 car garage, large basement area and private dock with two slips.  800 Via Lido Nord was only on the market for a total of 6 days and was oringally listed at $12,750,000.

We are always excited to what the future will bring and look forward to a prosperous 2017.  For those looking to buy or sell a home in the Newport Beach area please contact our local real estate agents at 949-444-1901 today.  Have a Merry Christmas and a safe Happy Holidays!