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Newport Beach Peninsula Point - Just Sold

11-11-09
Sharon Paxson Newport Beach Real Estate
Sharon Paxson Newport Beach Real Estate: Real Estate Agent in Newport Beach, CA
  • view my blog
  • Office: (949) 219-2485
  • Mobile: (949) 280-0681
Newport Beach Peninsula Point Home – Just Sold

1730 Ocean Boulevard

Newport Beach, CA

Sold for $1,100,000


Peninsula Point Home in Newport Beach
This single family residence with three bedrooms, two bathroom located on Peninsula Point in Newport Beach has just closed escrow yesterday 11.10.2009 for $1,100,000. I represented the buyers in this transaction.

This home is located in a highly sought after community located at the end of the Balboa Peninsula in Newport Beach. Originally built in 1937 this home has excellent curb appeal, and had an addition in the early 2000’s.

This property was the lowest priced home in Peninsula Point. Currently, there are 21 homes on the market ranging in price from $1,499,000 to $19,500,000. There have been five recent sold properties ranging in price from $1,600,000 to $9,750,000 in the past two months.

If you are looking for a great deal or if I can answer any questions about Newport Beach Real Estate, please contact me.

Phone or Text: 949-280-0681

Email: Spaxson@roadrunner.com
Originally posted at NewportBeachRealEstateCafe.com
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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.

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Newport Beach Bay-Front Homes

10-11-09
Mary Campbell
Mary Campbell: Real Estate Agent in Newport Beach, CA
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  • Office: (949) 675-4822 x16
  • Mobile: (714) 318-1880

Newport Beach Bay-front homes are one of the most desirable properties on the Orange County Coast. While some think that driving to the peninsula point takes too long, it's well worth the views when you arrive. (It really just takes about 10 minutes) but when you live in Newport everything is so close, locals don't like to drive.

At the peninsula point you may either live on the ocean front or on the bay front. Today I want to talk about the bay-front homes. Yesterday during Realtors preview I was privileged to view some of the best locations and views in Newport Beach.

I first arrived at a home on one-half acre on the bay! This multiple lot bay front property is on the market for the first time in 75 years. The property comes with conceptual plans for an Eastern Seaboard style residence, a detached guest house, pool and pool house, staff apartment, and additional garages, a private dock and your own private beach. Price $18,900,000.

View of the bay

Private Beach

Then I came across another landmark residence. This property has 70+ feet of bay front. The home is recognized by boaters for its "crows nest" on the 3rd level. This home offers 4 bedrooms, 4.5 baths, and a sleeping porch or office in the crows nest. Take advantage of 3 car garage, a treat on the peninsula, and it's own elevator. Price $7,995,000.

View of the bay

view of bedroom

Peninsula home sales have begun exceeding new inventory. While it's still a buyers market, prices seem to have already started to respond. If the trend continues expect prices to keep going up. Bay front buyers realize that this will be one of the rare opportunities to buy Newport Beach Bay Front homes at a discounted price.

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