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Newport Beach Real Estate

November 2nd, 2009

Lido Isle in Newport Beach, CA

Category: Area Description, Market Reports

Lido Isle in Newport Beach, CA

Lido Isle Newport Beach

Lido Isle was incorporated into Newport Beach in 1906. This was one of the first communities to be built with underground utilities. Now the other communities in Newport Beach are in the process of putting the utilities underground. Newport Shores in Newport Beach has been completed, Along Seashore, and part of the Balboa Peninsula, and Peninsula Point has begun the process.

In 1928, William Crittenden and an architect from Switzerland named Franz Herding developed a  plan for Lido Isle to be a Mediterranean themed residential area. The area was built with streets named after Lido of Venice, which is a beautiful resort on the coast of  Italy. Some of the names of the streets includedThe development utilized the names of Mediterranean cities, including Firenzie, Genoa, Mentone, Nice, Quito and Ithaca to name the streets on Lido Isle. The names of the streets on Lido have Via in front of them – for example Via Nice. Via means Latin road.

View from Lido Isle

Lido Isle has approximately 873 home sites on the island. There is the Lido Island Yacht Club which is a club available for the residents of Lido. Also, there are private tennis courts and private beaches located on the bay for the residents to enjoy. It is an area which encourages out door activities including a junior sailing program. During the summer months, many of the children utilize the Lido Isle Yacht Club for swimming and enjoying the Newport Beach climate. Below is a photograph of the Lido Isle Yacht Club.

Lido Isle Yacht Club

Many of the homes on Via Lido Soud and Via Lido Nord have boat slips. And Newport Harbor is one of the larger harbors in the country. It is ideal for both power yachts and sailors.

Lido Isle is truly a unique area and offers an incredible lifestyle.

Regarding Lido Island Real Estate, there are 35 active listings on Lido Isle in Newport Beach. The following are links to a few properties, and if you would like more details, please contact me for the information.

Lido Isle Market Update

The lowest price property on Lido Isle is from $949,500 for a condo at 111 Via Lido Nord.

Another home located at 122 Via Palermo is priced at $,1965,000. 

232 Via Genoa – priced at $3,275,000

The highest priced home on Lido Isle is located at 939 Via Lido Soud  and is priced at $11,500,000.

Currently there are four listings on Lido Isle that are in back up and pending status.

Per the MLS, there are five sales since August, 1, 2009. They are as follows:

105 Via Waziers – sold for $1,295,000

114 Via Cordova – sold for $1,686,506

120 Via Genoa – sold for $2,050,000

120 Via Waziers – sold for $2,495,000

823 Via Lido Soud – sold for $6,000,000

If you happen to reside in a property on Via Lido Soud or Via Lido Nord, the views for the Newport Beach Boat Parade is amazing. That is coming up on December 16, 2009.

If I can answer any questions regarding Lido Isle Real Estate, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Disclaimer: Information contained herein are the views and opinions of Sharon Paxson. This information may be based on information from multiple sources, and may be subject to change without notice. This information is not guaranteed, have warranties either express or implied, may be time sensitive, and may or may not be deemed reliable at the time of researching this article. Information regarding property for sale and market reports is obtained from the SoCalMLS.

 

Posted by Sharon Paxson

This entry was posted on Monday, November 2nd, 2009 at 4:39 pm and is filed under Area Description, Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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