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Newport Beach Real Estate
November 3rd, 2009
Neighborhoods in Newport Beach – Peninsula Point
Neighborhoods in Newport Beach – Peninsula Point
Newport Beach offers something for everyone, whether you want to live on the beach, the bay or ocean front, there is a neighborhood and lifestyle for everyone. Of course, the closer you get to the water, the pricier the real estate. Typically, the lots are smaller when you are closer to the water.
Balboa Peninsula Point
One of my favorite neighborhoods or areas in Newport Beach is Peninsula Point. Located at the end of the Balboa Peninsula, Peninsula Point is an elite area with beautiful homes. There are beach front homes and bay front homes. This is the area where the famous Wedge is located which is right at the end of the Balboa Peninsula. Typically, if there is a large swell, then many tourists flock to the Wedge to view the waves. I was there last summer, and the waves were huge – close to 20 feet. And amazingly so, there were body surfers, and surfers. The Newport Beach lifeguards were out in force.
There are beautiful homes in this area, and there is a park. There are tennis courts available for the residents of Peninsula Point. There are a few of the homes which have slips for their yachts. One benefit of this location is that it takes less time for the boat to reach the open ocean, as the jetty is just beyond the point.
There are cape cod style homes, and many of the homes in Peninsula Point in Newport Beach have been redone. This is a wonderful lifestyle as you can walk to bay at Newport Harbor or enjoy one of the finest beaches in Newport Beach. And of course the excitement of the Wedge is an added benefit. Many of the residents in this area ride their bikes or walk, and it is a close bike ride to Balboa.
The homes at Peninsula Point are also located on the sand. This is truly a unique location, and there is no boardwalk in front of these homes.
There is also a Park for the children to enjoy, and there are activities and birthday parties at the Park. There is also a Community Foundation of Balboa Peninsula Point.
With regards to the real estate market, there are 23 active listings for sale ranging in price from $1,499,000 to $19,500,000. There is one pending. And the most recent sales are as follows:
2101 E. Ocean Boulevard – sold for $1,610,000
1525 E. Ocean Boulevard – sold for $1,600,000
2165 E. Ocean Boulevard – sold for $1,950,000
2015 E. Ocean Boulevard – sold for $3,175,000
2290 Channel Road – sold for $4,450,000
If I can answer any questions regarding Real Estate on Peninsula Point in Newport Beach, please contact me at 949.280.0681.
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