$375,000 - 12 Anchorage Way, Newport Beach

We have had several requests for the famous Cannery Lofts for sale here in Newport Beach.  Where exactly are the Cannery Lofts?  The Cannery Lofts is a wonderful bayfront and bay close multi million dollar lofts that are situated in the Newport Bay next in the Cannery Village area of Newport Beach.  These ultra contemporary bayfront and bay close residences have been on the market recently in years past and have sold as high as $4.5 Million dollars.   The lofts were built in 2004 and combine lofts built on the 1200 block of Lafayette & the 500 block of 30th street as part of a commercial/residential mixed use property.  These very sleek condos were built with floor to ceiling glass and clean contemporary lines and often combined concrete floors and…

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…

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…

Newport Beach Condos With A View of the Ocean can be found in many different areas of Newport Beach, California.  It's important to understand the different areas of Newport Beach and the price point you are looking to buy.  If you are on a budget and looking for an ocean view condo then there is no better place to look than the "Newport Heights" area of Newport Beach.  Newport Heights condos offer ocean view condos starting as low as $400,000 and offer a short distance to the Pacific Ocean and the Newport Bay water activities.  One of the key places to look in Newport Heights is Villa Balboa and Newport Crest.  Both these condo buildings sit at the top of the hill and have unobstructed views of the ocean.  Not all condos will have views so make…

Lido Sands Newport Beach homes offer one of the best location in Newport Beach.  Located in the West Newport Area of Newport Beach, California, Lido Sands is approximately just two blocks to the beach!  If you love boating and want to go to the Newport Bay, Newport Island and the Lido area are just several block away!  Lido Sands will offer you a wide range of architectural style homes from Mediterranean to Cape Cod to vintage beach homes.  One of the best examples of a Mediterranean style home in Lido Sands is a new home that just came on the market yesterday that is currently listed for $1,749,000.  Current prices range from $1,200,000 to $1,999,000 with small 3 bedroom vintage homes to luxury 5 bedroom estate homes.  If you are in the market to…

If you have every dreamed about owning a home by the beach and love the Newport Beach area then you will be happy to learn about a newly listed bank owned home that just came on the market for $154,900.  Located in the Newport Shores area of Newport Beach which is on the boarder of Newport & Huntington Beach and a popular area for beach goers and tourists.  The property being sold is under lease land and the lease cannot be renewed so It's important to consult with your local real estate agent who can advise you on exactly what this means when you buy a home.  Lease land is a common thing throughout Newport Beach and can be found in places like "Lido Peninsula" where most of the homes are also on lease land.  The lease is typically in addition to any…

Let's face it, buying a home in Newport Beach, Ca is expensive.  Today's home buyers are looking for the very best deals and want the best location for the best price when looking for a home.  The Lido area of Newport Beach is well known for it's upscale bayfront homes and condos and is a popular destination for tourists and locals alike.  One the most affordable ways to live in this bayfront community is the Lido Peninsula community.  Lido Peninsula is a collection of Cape Cod manufactured homes that occupy the upscale Lido Island with homes listed for sale in Newport Beach under $400,000.  Keep in mind that there is a monthly lease on land for these waterfront community homes.  For example, a newly listed Lido Peninsula home has come on the market…