Community: Newport Shores in Newport Beach California
Location: Newport Shores is located on the west side of Newport Beach off of Coast Highway. It is located in the 92663 zip code. Newport Shores can be entered off Coast Highway from 61st Street, Walnut Street, Prospect and Orange Street. Newport Shores is surrounded by a Canal and there are Canal front homes which are located on Canal Street, Canal Circle and 62nd Street. The Canal is fed by the tide. There is wildlife in the Canal including waterfowl, ducks, geese, occasional swans, herons and it is not uncommon to see the residents fishing off their decks. On the Canal Street side, the residents enjoy the sunset and canal views. On the 62nd Street side, the residents enjoy the beautiful canal which has recently been dredged by the city of Newport Beach and the morning sunrises.
Homes: There are approximately 440 homes in this community. The homes include duplexes, single story and two story single family homes. Many of the homes in Newport Shores have been remodeled.
Amenities: Newport Shores does have an HOA. Newport Shores features a community pool, tennis court, basketball court, sand volleyball court and a new park which is at the community clubhouse. There is also a city of Newport Beach park located on 61st Street with Canal views.
Schools: Children who reside in Newport Shores attend Newport Elementary School located at 1327 West Balboa Blvd., Newport Beach, CA 92661. This is one of the only schools located on the beach. The middle school is Horace Ensign and teens attend Newport Harbor High School.
Additional Information: Find additional information about Newport Shores homes for sale in Newport Beach.
It is currently a balanced to a seller’s real estate market in Newport Shores as a result of the recent increase in inventory.
Newport Shores Homes for Sale in Newport Beach, CA
Buying? If you are looking to purchase a home in Newport Shores, let us assist you through the home buying process. In order to get started all we need is your Newport Shores home search criteria, which you can provide by calling 949-280-0681 or by filling out our Online Buyer Questionnaire. Once received we will do a custom search based on your criteria and e-mail you all of the Newport Shores MLS listings that fit your specifications and requirements.
Investment Highlights; Seller Financing available at 5.50% interest only with 50 % LTV. Attractive 7.54% Cash-on-Cash return with seller financing. ProForma CAP Rate of 6.68%. Current CAP Rate of 6.52% / 10-Year Corporate Backed Lease with (2) 5-Ye
331 Walnut is located just moments from some of the best surfing, sunshine and sand in California. Featuring a gated front patio for extra privacy and built from the studs up in 2004, this five bedroom residence was refreshed again by the current own