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Newport Beach Real Estate

Archive for the 'Market Reports' Category

February 25th, 2010

Cameo Highlands in Corona del Mar

Category: Area Description, Market Reports

Cameo Highlands in Corona del Mar

Cameo Highlands Entrance in Corona del Mar

Cameo Highlands is located in Corona del Mar right across Coast Highway from Cameo Shores. The residents of Cameo Highlands enjoy the private beaches in Cameo Shores as well as Roxbury Park.

Roxbury Park in Cameo Shores

Cameo Highlands in Corona del Mar originally has ten floor plans that were built in this area. The streets in this area include Cameo Highlands Drive, Cortland, Dorchester, Garrett, Rockford, Surrey, and Wayne. The homes in this area, much like Cameo Shores are all single story and some of the homes have panoramic ocean views. The elementary school for this area is Harbor View Elementary. This is a very popular family neighborhood.Cameo Highlands

Many of the homes in the Cameo Highlands area have been remodeled or completely rebuilt. The photo above shows a more contempory style

The photos below show homes that have been remodelled in Cameo Highlands in Corona del Mar.

Cameo Highlands

Cameo Highlands in Corona del Mar

Cameo Highlands is a highly sought after community. Currently, there is one active listing in Cameo Highlands:

4518 Wayne Road, Corona del Mar – Priced at $1,815,000

There is one pending listing:

4833 Dorchester Road – Priced at $1,995,000

The most recent sold was in October, 2009

4600 Wayne Road, Corona del Mar – Sold for $1,280,000

This property was an REO and was priced very competitively.

 If I can answer any questions about homes for sale in Corona del Mar, Cameo Highlands, or Cameo Shores in Corona del Mar, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

 

Posted by Sharon Paxson // Please leave a comment.

February 25th, 2010

Cameo Shores Homes for Sale – Corona del Mar

Category: Area Description, Market Reports

Cameo Shores Homes for Sale – Corona del Mar

Cameo Shores is located in Corona del Mar, and is located on the ocean side of Coast Highway. Cameo Shores has approximately 170 home sites. The entrance to the terraced community has recently been redone, as well as the entry to Cameo Highlands which is right across the street. The homes in Cameo Shores are all terraced to maximize the view overlooking the Pacific Ocean. There are height restrictions in Cameo Shores and Cameo Highlands so that the home owner’s can maintain their panoramic ocean views.

Cameo Shores in corona del mar

Cameo Shores Beaches and Tide Pools

There are three beaches that have private gated entries for the exclusive use of the residents and home owners of Cameo Shores.

Currently, there are seven active listings in Cameo Shores:

4606 Roxbury Road, Corona del Mar – Priced at $2,675,000

4507 Orrington Road, Corona del Mar – Priced at $3,499,000

4533 Orrington Road, Corona del Mar – Priced at $3,650,000

4507 Gorham Drive, Corona del Mar – Priced at $4,200,000

4545 Gorham Drive, Corona del Mar – Priced at $4,295,000

4639 Brighton Road, Corona del Mar - Priced at $11,500,000

The most recent sale in Cameo Shores was in September, 2009. The property is located at 4607 Perham, and sold for $3,100,000.

If I can answer any questions about Cameo Shores in Newport Beach, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Posted by Sharon Paxson // Please leave a comment.

February 23rd, 2010

Newport Shores Market Update

Category: Market Reports

Newport Shores Market Update

Market Update since January 1, 2010

newport shores sunset

Newport Shores in Newport Beach is located at the west end of Newport Beach and is across the street from one of the most desirable beaches in Newport Beach. There are approximately 440 homes located in Newport Shores. There is also a community clubhouse in Newport Shores  heated pool, tennis court, sand volley ball court, basketball court and two play ground areas.

Currently, there are nine active listings on the market:

215 Cedar Street, Newport Beach - Priced at $810,900

222 Lugonia Street – Priced at $899,000

This single family home has three bedrooms and two bathrooms.

218 Colton Street - Priced at $929,000

This home has four bedrooms and two and one half bathrooms. The kitchen has granite counter tops and updated flooring.

304 Colton Street – Priced at $950,000

This home has four bedrooms and two and one half bathrooms.

227 Walnut Street – Priced at $999,000

This remodeled homes features three bedrooms and three bathrooms. The kitchen is updated with granite counter tops.

342 Walnut Street – Priced at $1,300,000

This beautiful home features four bedrooms, three bathrooms, and the kitchen has granite counters and stainless appliances.

331 Walnut Street, Newport Beach - Priced at $1,349,000

315 Canal Street, Newport Beach – Priced at $1,649,000

225 Canal Street, Newport Beach – Priced at $1,850,000

There are two properties in back up status:

215 62nd Street, Newport Beach – Priced at $699,000

242 Prospect Street, Newport Beach – Priced at $699,000

There has been one sold since January 1, 2010:

329 Colton Street, Newport Beach – Sold for $690,000

If I can answer any questions about Newport Shores in Newport Beach, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

 

Posted by Sharon Paxson // Please leave a comment.

January 26th, 2010

Cameo Shores Market Update – Corona del Mar

Category: Area Description, Market Reports

Cameo Shores Market Update – Corona del Mar

September, 2009 to January 26, 2010

Cameo Shores Market UPdate

Cameo Shores in Corona del Mar is a highly sought after area with terraced homes that feature sweeping ocean views. Cameo Shores is located further south than the Village in Corona del Mar. There are approximately 170 home sites. Almost all of the homes have views with the exception of a few that are located on one of the uppermost streets. Cameo Shores has private beaches and a park.

Cameo Shores beacj

The residents of Cameo Highlands also enjoy the beaches and the park in this beautiful area.

Cameo Shores beach

Cameo Shores in Corona del Mar homes are all single story, however many home owners are now adding space under the home because many of these homes have such large lots.

Cameo Shores in Corona del Mar

Currently there are six active listings in Cameo Shores:

4533 Roxbury Road, Corona del Mar – Priced at $3,495,000

4507 Orrington Road, Corona del Mar – Priced at $3,499,000

4533 Orrington Road, Corona del Mar – Priced at $3,650,000

4507 Gorham Drive, Corona del Mar – Priced at $4,200,000

4545 Gorham Drive, Corona del Mar – Priced at $4,295,000

4639 Brighton Road, Corona del Mar - Priced at $11,500,000

There was one sale in September, 2009, and the information is as follows:

4607 Perham Road, Corona del Mar – Sold for $3,100,000

If I can answer any questions about Cameo Shores in Corona del Mar, or homes for sale in Corona del Mar, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Posted by Sharon Paxson // Please leave a comment.

January 26th, 2010

Newport Shores Market Update – Newport Beach

Category: Area Events, Market Reports

Newport Shores Market Update – Newport Beach

November, 2009 – January 26, 2010

Newport Shores is a beach community located at the west end of Newport Beach. It is across the street from one of the more popular and desirable beaches in Newport Beach. Also, located near the Frog House which is a surf store that many locals frequent. A very popular surf spot called the Jetty is walking distance from Newport Shores.

Newport Shores Market Update

Currently, there are 10 active listings in Newport Shores.

215 62nd Street – Priced at $699,000

This home features two bedrooms and two bathrooms, located just two blocks from the beach.

329 Colton Street - Priced at $750,000

This home has two bedrooms and two bathrooms, and a roof top deck to enjoy the California sunshine.

337 Colton Street – Priced at $799,000

This home has two bedrooms and two bathrooms.

222 Lugonia Street – Priced at $899,000

This single family home has three bedrooms and two bathrooms.

218 Colton Street - Priced at $929,000

This home has four bedrooms and two and one half bathrooms. The kitchen has granite counter tops and updated flooring.

304 Colton Street – Priced at $950,000

This home has four bedrooms and two and one half bathrooms.

227 Walnut Street – Priced at $999,000

This remodeled homes features three bedrooms and three bathrooms. The kitchen is updated with granite counter tops.

342 Walnut Street – Priced at $1,300,000

This beautiful home features four bedrooms and three bathrooms, and the kitchen has granite counters and stainless appliances.

318 62nd Street – Priced at $1,320,000

This three bedroom home is located on the Canal on 62nd Street, enjoy the morning sunshine at this home in the Canal. There is also granite counter tops, and pavers as you walk in.

315 Canal Street – Priced at $1,675,000

This three bedroom, three and one half bath home is on the Canal in Newport Shores. This newer home has granite counters and stainless appliances. Also, there are beautiful hardwood floors.

Currently, there is one pending at:

214 Lugonia Street – Priced at $700,000.

There have been 6 sales since November, 2009. The sales inNewport Shores are as follows:

320 Prospect – Sold for $705,000

340 Prospect – Sold for $705,000

464 Prospect - Sold for $850,000

431 Lugonia – Sold for $799,000

452 Prospect – Sold for $875,000

247 Prospect – Sold for $873,000

If I can answer any questions about Newport Shores in Newport Beach, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Posted by Sharon Paxson // Please leave a comment.

December 5th, 2009

Newport Coast – Belcara – Market Update

Category: Area Description, Market Reports

Newport Coast – Belcara – Market Update

Belcara in Newport Coast

Belcara in Newport Coast is a private gated community which is located off Ridge Park in Newport Coast.  With 107 single family detached homes located in Belcara in Newport Coast, this is a beautiful area that is highly sought after. Many of these homes have Catalina Island and Ocean Views, and others have mountain views, canyon views and city lights views.

In Belcara in Newport Coast, there are five floor plans from approximately 2475 square feet to 3079 square feet of living space. These homes are newer and were built between 2004 and 2006.

Currently, there are four active listings on the market in Belcara in Newport Coast. The active listings are as follows:

5 Serentiy, Newport Coast – Priced at $1,329,000

11 Gentle Breeze, Newport Coast- Priced at $1,480,000

5 Lantana, Newport Coast – Priced at $1,537,000

2 Still Water, Newport Coast – Priced at $1,995,000

There is one in back up:

5 Gentle Breeze, Newport Coast at $1,499,000

There is one pending:

7 Serenity, Newport Coast at $999,000
This property is a short sale.

There have been five sales since June, 2009 ranging in price from $1,200,000 to to $1,800,000. One of the sold properties sold for $1,650,000 and was also a short sale.

If I can answer any questions about Belcara in Newport Coast, or homes for sale in Newport Coast or Newport Beach, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Posted by Sharon Paxson // Please leave a comment.

November 20th, 2009

China Cove in Corona del Mar

Category: Area Description, Market Reports

China Cove in Corona del Mar

Market Update

China Cove Market Update

China Cove currently has four active listings, one pending. The most recent sale was February, 2008.

China Cove features some very beautiful homes in Corona del Mar.

China Cove in Corona del Mar

China Cove is an exclusive and highly sought after community in Corona del Mar which is located below Ocean Boulevard, and down Fernleaf. There is no public parking in this exclusive area of China Cove.

China Cove Beach

China Cove is located at the entrance to Newport Harbor, and features approximately 37 homes that are located with panoramic views of Newport Harbor and Catalina Island. China Cove residents enjoy yachting activity in Newport Harbor, as well as the beach. China Cove is an exclusive area, that is below Ocean Boulevard, near The Village in Corona del Mar.

China Cove

I was on Broker Preview yesterday and previewed some beautiful homes. You can see that these homes are built right down on the water.

Below is a view looking across the Harbor the the Newport Beach Peninsula Point and the homes located right on the water there.

China Cove View across Newport Harbor

Another view to be appreciated from the China Cove area looking out to the entrance to Newport Harbor. It was quiet yesterday because it is a weekday, however during weekends and summer months, there is a tremendous amount of yachting activity to appreciate.

China Cove View towards Entrance of Newport Harbor

Currently, there are four active listings in China Cove.

2615 Way Lane- Corona del Mar, CA – Priced at $2,440,000

2623 Cove Street - Corona del Mar, CA – Priced at $4,995,000

2717 Shell Street- Corona del Mar, CA – Priced at $6,700,000

This home is absolutely beautiful. It has had several price reductions and started out at $9,500,000. Located right on the edge of the water, it is truly a beautiful home.

2727 Shell Street - Corona del Mar, CA – Priced at $10,500,000

There is one pending at:

2733 Shell Street – Corona del Mar, CA – Priced at $1,995,000

The most recent salein China Cove in Corona del Mar was at:

2615 Way Lane, Corona del Mar, CASold for $2,200,000 in February 2008.

If I can answer any questions about Real Estate in Corona del Mar, China Cove, Homes for Sale in Corona del Mar, or Newport Beach Real Estate, please contact me.

Phone or Text: 949.280.0681
Email: Spaxson@roadrunner.com

Posted by Sharon Paxson // Please leave a comment.

November 20th, 2009

Balboa Island Home for Sale

Category: Area Description, Market Reports

Balboa Island Home for Sale

Balboa Island Street Signs

On Broker Preview in Newport Beach, it is an opportunity to see the new and current inventory of what is for sale in Newport Beach real estate. One in particular really stood out to me. This Balboa Island property located at 231 Bayfront on the Little Island was a plantation style home. Balboa Island is made up of three islands including the Main Island, the Little Island (where this home is located) and Collins Island.

This home on the Little Island has an open floor plan designed to enjoy to the California Climate.

The entry to this home is a dutch door with two side lights. The entry opens to the staircase. The second floor is the main living level with the kitchen and family area. And there is a roof top deck as well with granite counters for serving. The views from the deck are panoramic.

Balboa Island

This Balboa Island home for sale is built on one and a half lots, and it also has a new dock. There is a large deck off the second floor as seen here with a window wall which completely disappears in to the wall further creating  indoor outdoor living.

Balboa Island Plantation Style Home

This home on Balboa Island has a large and kitchen with beautiful cabinetry, granite counters and top of the line appliances. This home also features four bedrooms and five bathrooms with an incredible bay view.

Balboa Island

If I can answer any questions about Balboa Island homes for sale or Newport Beach Real Estate, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Posted by Sharon Paxson // Please leave a comment.

November 3rd, 2009

Neighborhoods in Newport Beach – Peninsula Point

Category: Area Description, Market Reports, Neighborhoods in Newport

Neighborhoods in Newport Beach – Peninsula Point

Peninsula Point in Newport Beach

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.

The WEdge

The Wedge in Newport Beach

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.Peninsula Point bayfront home

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.

Peninsula Point Home

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.

Peninsula Point Beach Front Homes

Peninsula Point

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.

Peninsula Point Park

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.

 

Posted by Sharon Paxson // Please leave a comment.

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 // Please leave a comment.

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