Versailles Newport Beach

We work with a lot of first time home buyers who are always trying to figure out the best places to live in Newport Beach. Real Estate prices in  Newport Beach have gone up so much in the last several years that it's been really hard for those buying a home for the first time.  We still have seen some really good investments that have come on the market this year so it's still not impossible to find a good starter home.  There are some of the places we recommend looking when first starting to think about buying a home.  We always recommend starting with what your budget will allow and then work your way up.  If that means starting with a smaller condo then that typically is the best way to go.

One of the best places we love in the Newport Beach area

One of the recent occurrences that has happened in the last year due to the COVID vaccine in the trend for more homes to have private gyms.  This started soon after the stay at home order that occurred in April 2020 when many were forced to stay inside their homes and not be able to visit their local gym.  This lead to a large number of homeowners buying some kind of gym equipment to help them stay in shape.  The pandemic has resulted in more families having a dedicated space in their home or garage for some kind of gym or fitness area.  Of course, some of the more expensive and large estate homes have always had this feature inside their homes as it's a big selling item when they go to sell.

Many of the lower priced homes featured here having a bonus

Doing a 1031 exchange can be very stressful due to the time constraints you have to locate and close on a property.  The times frames are basically 45 days to identify up to 3 properties and then to close on one of those with 180 days after closing escrow on the previous property.  I have gone through this process several times and it can be really crazy during those 45 days in trying to locate the perfect exchange property.  There are several homes throughout the Newport Beach area that are being marketed by the owners real estate agents as potential 1031 exchange properties.  Of course, a real estate agent can say a property is a good investment but ultimately it's up to the buyer to determine this.

One of the properties noted is located in the

We get requests from clients who are looking to buy a condo in the Newport Beach area and that are looking for a unit that has a private elevator.  For the most part, these are hard to find since most of the condo buildings in Newport Beach have community elevators for everyone to use.  Only a few select buildings offer private elevators that go directly up to the individual unit.  If you know where to look and have the money to spend then we recommend the following buildings.

First, if price is no object then the condos at the Meridian are a must see.  The condos were built there approximately four years ago and has one of the best locations in Newport Beach situated between the Fashion Island shopping center and the Newport Beach country club golf

One of the benefits of being a real estate agent is getting exclusive viewings of the latest homes and condos to come on the market in Newport Beach.  Not all properties are but on this caravan open house but the large majority of brand new listings like to get this added exposure to qualified agents who may have clients looking for a particular type of property.  Broker Preview in Newport Beach happens every Friday from 11:00am to 2:00pm and often includes refreshments of food and drinks to entice the agents to come to their listing.

What do you need to do to get your home on the broker preview list?  First, the home must be added into the multiple listing service which instantly gains you exposure over the Internet and all of the real estate website

We get a lot of rental calls for the Versailles complex in Newport Beach due to it's prime location and low rental rates.  The Versailles complex is approximately 47 years old and built in the early 1970's.  The units are pretty good size considering their age with one bedrooms around the high 400 to mid 700 square feet and two bedrooms in the 1,100 to 1,300 square foot rage.  The complex offers a wide range of amenities with a pool, spa, sauna and fitness center.  There is even a full kitchen available for bigger events.  People love living here due to the short distance to the beach which is within walking distance.

Rental rates as of May 2018 currently start at $1,900 a month for a one bedroom, one bath condo with 721 square feet.  Two bedroom

Newport Beach is considered one of the most expensive beach towns in Orange County, California with real estate two to three times higher that surrounding cities.  What makes Newport Beach so desirable and in high demand it's close proximity to both the Newport Bay and the Pacific Ocean.  Many of the most exclusive neighborhoods are not beach front but guard gated bay front communities.  The lure for bay front homes is the offering of a private boat dock as many high wealth residents who live in Newport Beach have their own private boat or yacht.  Our guide here showcases the various Newport Beach Real Estate prices for both condos and single family homes.

As of July 2017, the lowest priced single family home in Newport Beach, California is listed at

Real Estate prices have really gone up since the big dip on 2008 as it's getting hard to find any properties in the Newport Beach area for under $500,000.  There are still a few select neighborhoods that offer these low prices if you know where to look.  These will be residential condos as detached single family homes in Newport Beach on non leased land currently start at $855,000.   Here is a quick guide to start your real estate search in Newport Beach.

First, we highly recommend the Versailles complex in Newport Beach.  The location offer high marks for value as it's about a 5 block radius to the beach and located next to Hoag Hospital and the Newport Bay.  Most of the condos located here can be bought for under $500,000 with select units offering

There are several condo communities that are located within walking distance to Hoag Hospital in Newport Beach that consist of Newport Crest, Villa Balboa and Seawind condos.  In addition to these neighborhoods is the only gated condo community that is located adjacent to Hoag Hospital is the gated community of Versailles.  The Versailles is an iconic complex in Newport Heights that dates back to 1971 when the home builder developed this condo community.

 The architecture is very distinctive in the Neo-classical style with three smaller three story building and the main building that is built in a "u" shape with a large central water fountain in the middle.  Versailles is very popular to many condo buyers since real estate prices are very competitive

The Versailles building in Newport Beach, California has a few select condos that can offer wonderful sea views of the Pacific Ocean.  The approximate location is adjacent to the Hoag Hospital and Superior Avenue which leads down to the beach.  This is an older complex with one story units that were built in the early 1970's.  There many individual buildings that are within the Versailles community that are three stories high with condos located on each floor.  There is a nice central courtyard and gated patrol at the entrance of Versailles with a very distinctive Italianate architecture.  

The majority of ocean view condos located in Versailles are located in the 100, 101 and 102 buildings.  These three buildings will face west towards the ocean will