$4,990,000 - 97 Linda Isle, Newport Beach

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…

Newport Beach home prices have really come down especially when looking at beachfront homes.  Long gone are the days when beachfront and ocean front homes were selling for well above $5 million dollars.  With today's economy finding an oceanfront home in Newport Beach under $5 million has become a lot easier to find.  Currently, there are 21 beach front homes for sale under this price point with a great selection of architectural gems on the market.  We got inspired when we saw a price reduction on this beachfront home located on the Balboa Peninsula that really captures the lifestyle of living on the beach.  We find that a lot of beach front buyers have a lot of choices now when considering a home.  There are various homes located on the sand up…

West Newport Is one of the best places to find waterfront condos in the Newport Beach area.  Where is West Newport located?  Well, if you look at the photo below you will see that condos located in the West Newport area are located right between the Pacific Ocean and the Newport Bay and situated on the small balboa peninsula strip and near Lido Isle. 

The condos in this area with waterfront and bayfront view will typically start right above the $1 million dollar market and currently go as high as $1.8 range.  These condos are typically two to three bedrooms and have an approximate 1,800 square feet of living space.  This truly is a prime location in Newport Beach and is a great place to watch the boats & yachts go by right in front of your…

Newport Beach homes found on the tip of the balboa peninsula are often referred to as the "Balboa Peninsula Point" area in Newport Beach, California.  If you are not familiar with the Newport Beach area then the Balboa Peninsula is a great area to find beach & water close luxury homes. Looking at a map you can see the long stretch of land with many homes for sale in this area.  Are the very tip and end of the strip you will find the Balboa Peninsula Point.

Here you will find homes that face the Pacific Ocean as well as the Corona Del Mar State Beach that is seen above.  Homes on the inland part of the strip will also have views of Balboa Island, Harbor Island and Lido Isle.  This is a great vantage point as many of these homes will have…

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…

If you are in the market to buy a bayfront & waterfront home then you have several great communities to choose from.  Many bayfront buyers are looking for home that has a dock that can accommodate various size yachts.  Homes with boat slips that can accommodate a large size yacht are often an important criteria to those looking for waterfront properties.  One of the popular and gated bay front communities in Newport Beach is Linda Isle.  Linda Isle, or Linda Island, is a u shape bay community with homes located on both the interior and exterior of this u shape with bay views from both sides.  Currently there are 11 homes for sale in Linda Isle and range from $3,495,000 to $9,995,000 with various size boat accommodations.  We have just come across a…

As the most expensive real estate in the country, Newport Beach is home to many luxury gated communities.  If you are wondering which communities are the most expensive in Newport Beach we have the list.  Here are the most expensive gated communities in Newport Beach, CA:  1) Harbor Island, 2) Bay Island, 3) Linda Isle and 4) Bayshores.  It's not surprising that these communities are all bayfront neighborhoods located in a close proximity to each other.  Harbor Island is a private community located in a gate but without a guard attendant.  The homes are located facing both sides of the Newport Bay with some of the largest and most exclusive homes in Newport Beach.  Currently, there is one double lot for sale for $26,500,000 with direct views of the…