Newport Beach CA is one of the most known resort destination that provides some of the best luxury real estates in the world. The Beach features an international yachting harbor, exclusive restaurants, unique shopping, and an expansive natural beauty. Newport Beach tops the list as one of the most searched addresses in the world. It provides one with a rich stream of the luxurious real estate to accommodate each person dream home, from the communities at the Bayfront and Harbor such as Bay Shores, Bay Island, Harbor Island to the golf communities of Big Canyon. Whether you are new or a resident, there are plenty of things to do in this city. You can enjoy luxury shopping, spa treatments, playing championship golf, the list is endless. It’s also home to famous events like – Newport Beach Film Festival, Newport Beach Independence Day on the Bay, Restaurant Week and the Newport Beach Christmas Boat Parade. There are many attractions both for families, children, and couples. If you are an outdoor enthusiast, you will love miles of cycling trails, sailing, and surfing. An amazing place if you are seeking to live in Newport Beach, then you need to explore Homes For Sale In Newport Beach CA.
Here are the great features and attractions famous in Newport Beach
- Enjoy a packed picnic
What can be better than having a beach picnic on a hot summer day? Stop at one of the luxurious restaurants or visit one of the local grocery stores and pick for yourself some hot dogs, hamburgers or barbecue. Get to one of the beautiful Newport beaches, spread out your blanket and feast.
Visiting Newport gives you a chance to enjoy one of the Beach’s favorite pastime activity-sailing/boating. Board a comfy yacht or captain your own electric boat. You can also enroll for a beginner’s sailboat course training and enjoy some of the best sportfishing and whale-watching excursion in the Southern California. For a show of romance, treat your special person to a private ride on a gondola brought straight from Italy.
Fashion Island, an open-air destination decorated with gardens, ocean views, fountains and contains top restaurants such as Fig & Olive. It also has more than 125 world popular shops for children, men, and women. Ranging from Vince Camuto to Halston Heritage. More pleasurable shopping opportunities can be found at Corona del Mar Plaza, Cannery Village, Crystal Cove shopping Centre and Westcliff.
Enjoy great summer foods from Mexican to seafood at one of the beach’s al fresco cafes or restaurants. Some popular water-front spots are the Cannery Seafood of the Pacific, Woody’s Wharf, Back Bay Tavern, Harborside Restaurant, Oyster Bar, Ruby’s Diner, Newport Landing Restaurant and Balboa Pier. They have a wonderful and delicious food for you to enjoy.
Take a leisure scenic walk
Are you tired of doing nothing? Go aboard the historic auto ferry and enjoy a ride across the harbor from the Balboa Zone to the Balboa Island. Where you can now walk along the shady drag of Marine Avenue filled with lots of shops, art galleries, and restaurants. Those with a sweet tooth won’t leave the two famous desserts for this community the Frozen Banana and the Balboa Bar both soaked in chocolate and spread with coatings from nuts to cookie crumbs.
Burn some extra calories / Get Fitter
Newport Beach is very hip and fit, If you have surpassed your normal weight, you will soon find yourself running or jogging or biking along the various streets or exploring the canyons. Don’t worry; Newport Beach gives you an opportunity to work out by taking part in one of the many outdoor activities available here. You can also choose to rent a stand-up paddleboard, surfboard, kayak or Seaway. Or go for a hike around the Upper Newport Bay Nature Preserve or the Crystal Cove State that offers more than 3 miles of bluff-lined beaches in the Crystal Cove.
Fly like Iron Man
Never experienced the pleasure of a jetpack? Jetpack America gives you water-powered jet packs for you to fly one. If you are new, the instructors will guide you and teach you the basics and a few tricks.
Enjoy bicycle cycling
Cycle in style on an electric bicycle. The popularity of these bicycles is that you don’t need to pedal to get them moving, you can just adjust the throttle and there you go. At the Pedego Bikes, you can enjoy a tour at all the awesome places or rent some bikes and go exploring.
Nothing is so awesome than standing to watch the beast of the oceans. The Newport Landing gives you cruises with an incredible percent success rate to watch and see the whales.
Newport Beach is not left behind when it comes to visual and art performances. Top places where you can go and participate include Orange County Museum of Art that is home to modern and contemporary works. The Balboa Island Museum together with the Historical Society preserves the island’s historic photographs and artifacts.
Homes For Sale In Newport Beach CA
Newport Beach Home Prices
The Homes For Sale In Newport Beach CA prices have hugely benefited from the international buyers and investors buying homes in the United States. They are all appealed by the luxury homes, thus they pay for all cash and search for second homes as well as vacation homes.
Homes For Sale In Newport Beach CA are high in demand and that makes it great for home prices. The luxury market is a global market and Newport Beach is one of those markets. Just after the period of economic recession, the high-end home prices in this beach picked up very slow, but thanks to the international demand that brought the luxury market back to life.
Some of the reasons the international buyers have helped increase the demand for Newport Beach homes include:
- They are cash buyers. They simply pay cash. By paying all the cash means that the buyers aren’t limited to traditional financing.
- Vacation homes. The international buyers are fascinated by the Newport Beach since the purchase of these homes makes it a second home or for use on a vacation.
- Schools. The quality of Newport Beach Schools is very good. The buyers aren’t limited to the geographic locations of their work. The schools here also rank very high.
The Average Home Value in Newport
The average home value in Newport is about $1,668,200. The home values have gone up by 5.1% over the past one year and it’s predicted to even rise 0.9% this year. The average list price per square foot is $902 approximately in Newport Beach, which is a bigger value than the Los Angeles-Long Beach which average $392.
Foreclosures are also another factor that is bound to affect the home values in some several years to come. In Newport Beach, about 0.6 homes are foreclosed per 10,000. This is somehow lower than those in the Los Angeles, Long Beach, Anaheim with a value of 1.0 and lower than the national value of 1.4.
The average household income in Newport Beach is about $200,00 with about 7.9 % of the average population living below the federal poverty line. Though this is the approximate value, the city’s household income and property continue to place high in the national rankings. Homes for sale in Newport Beach CA are predicted to double in the next several years to come.
Newport Beach Real Estate
The Newport Beach is now a recognized city across the country when you begin to think of spacious real estate. The beach is known for its bay front homes, exclusive gated communities and world class shopping at the Fashion Island. The homes for sale in Newport Beach CA fall into different types such as:
- Bayfront homes
- Oceanfront homes
- Beachfront homes
- Golf fronted homes
- Waterfront homes
- Gated homes
Get in touch with a qualified real estate professional if you are looking for homes for sale in Newport Beach CA. Remember, a real estate professional gives more benefits for home buyers. One of the main benefits is the Tax benefit.
You are allowed to deduct 100% of your rental estate losses against other non-rental income. While rental real estate can generate more cash flow, but they can also bring passive loss due to depreciation and mortgage interest expense. But, as a real estate professional, you aren’t subject to the dreaded IRA passive rules. No matter how big the losses are, you can still deduct all your losses from any other income. This can save you huge figures in income tax every year.
Newport Beach has excellent homes for sale. The home values always continue to appreciate and the homes are of great quality. With access to top class services provided in this area, you will always love to live and work here.
Gerry Goodman Real Estate Services
Let your search for Homes for sale in Newport Beach CA end here. Please visit and explore the resources within my website Gerry Goodman Real Estate Services. You will find everything you need to buy or sell a home, as well as learn about the market value of homes. You can search for homes with detailed descriptions, photos, community and school information and so much more.
As a qualified real estate professional, I am ready to assist you with all of your real estate needs. My approach is customized for each client; my solutions are never one size- fits-all! Please view this website as an introduction of my services and capabilities in this local area.
Give me a call or send an email when you are ready to visit some homes or to schedule a free home buying or selling consultation. I look forward to working with you!