Ken Galasso
The median home value in Newport Beach, CA is $2,850,000.
This is
higher than
the county median home value of $900,000.
The national median home value is $308,980.
The average price of homes sold in Newport Beach, CA is $2,850,000.
Approximately 53% of Newport Beach homes are owned,
compared to 35.5% rented, while
11.5% are vacant.
Newport Beach real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Newport Beach real estate agent to arrange a tour today!
Learn more about Newport Beach.
A developers dream opportunity or owner user who wants to bring their dream home to life, this expansive property encompasses over 20,000 square feet with ample space for the complete estate. Currently, a garage is the only structure and the land serves as a blank canvas for realizing a builders vision. Situated in a coveted location with convenient access to the Back Bay, this property offers an unparalleled opportunity. The adjacent property, 2356 Redlands Drive, is also listed for sale and can be purchased together complementing this prospect perfectly. The combination of these two properties result in nearly an acre.
READY TO BUILD with APPROVED PLANS and a SHORT TERM RENTAL PERMIT. This is your opportunity to build a custom home on the iconic Balboa Peninsula, just steps from the bay and a short walk to the beach, the Balboa Pier, Balboa Island Ferry, Fun Zone and the infamous Wedge. Plans for this 3-level home boast a pristine design with an open concept floor plan and an elevator to all three levels. The main level features a chefs kitchen with a large island and bar seating that opens to an airy and light-filled living area. Adjacent to the kitchen is an outdoor courtyard separated only by glass doors allowing the ultimate indoor/outdoor living with room for a fire pit, grill or seating for entertaining guests. On the second level, a sleek primary suite includes a luxurious spa bathroom with dual vanities, large soaking tub and oversized walk-in shower. The primary suite also features a private balcony and a spacious walk-in closet. There are three secondary bedrooms on the second floor and an additional bedroom with full bath on the third level. The magnificent 1,000+ sq. ft. rooftop terrace is truly an entertainer's dream with its multiple covered and uncovered lounging areas, and plans for an outdoor kitchen, fire pit and hot tub. The oversized 2-car garage will be outfitted with a charging port for an electric vehicle and there is ample room for storage cabinets and bikes. The highly sought after short term rental permit is transferred to the buyer with the sale of the property, which will significantly increase the propertys rental income. This rare offering is a great opportunity for any discerning buyer or investor.
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