“What About Newport Beach?” by: Angie Weeks

“What About Newport Beach?” by: Angie Weeks

March 10, 2021

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By Angie Week

Angie Weeks

Angie is an experienced realtor in So Cal and a podcast co-host, contributor and a blogger with Money, Real Estate & More.
Ask me about crowdfunding down payments! Certified International Property Specialist (CIPS) ~ Divorce Specialist (RCS-D) ~ Green Designation ~ Short Sale & Foreclosure Specialist (SFR)

To connect with me, sign up on and/or log in to the platform to send her a private message.

Living the Newport Beach, California lifestyle

History & Fun Facts

Newport Beach has always been a destination for sun & fun. Generations have flocked to the beach to play in the waves, surf, and enjoy the fishing and marine life in Newport Harbor. Newport began with little ‘beach shacks’ for family summer getaways, and has now evolved into multimillion dollar beach bungalows, tourist attractions, and luxury condos all year round. The current price range for Southern California’s Newport Beach properties is between 535K for a 1 bedroom condo on the mainland, to a whopping 32M estate on Newport Peninsula. Of course, there’s a little of everything beachy and luxurious in between.

Beachgoers have flocked to Newport Beach since the Pacific Electric Railway started bringing them in 1905. Attractions include the city beaches from the Santa Ana River to the tip of the Balboa Peninsula, Corona del Mar State Beach, and the beaches at Crystal Cove State Park. Newport Beach is known for good surfing, especially between Newport Pier and the Santa Ana River. At the tip of the Balboa Peninsula, The Wedge offers world-class bodyboarding and bodysurfing. Newport Pier and Balboa Pier draw fishermen and sightseers. A boardwalk runs 2.9 miles (4.7 km) from 36th Street in West Newport, past Newport Pier and Balboa Pier, to between E and F Streets on the Balboa Peninsula for both pedestrians and bikers.

If you’re curious how some have been able to build up to a lifestyle in Newport Beach, CA, watch this video filmed in Newport Harbor about becoming an Automatic Millionaire Homeowner:

Attractions

Obviously Newport’s number one attraction is the beach. There’s surf and sand everywhere, which means plenty of paddleboarding, fishing, boating, jet skiing, surfing, and those picturesque west coast sunsets.

Newport also offers Fashion Island, a shopping experience with boutiques, restaurants, and luxurious hotels and condos. Other Newport staples are the Balboa Bay Club, infamous Hornblower sunset cruises, and Big Canyon Country Club.

For example, the 18-hole “Big Canyon” course at the Big Canyon Country Club facility in Newport Beach, California features 6,981 yards of golf from the longest tees for a par of 72. The course rating is 73.9 and it has a slope rating of 136 on Bermuda grass. Designed by John F. Harbottle, III, ASGCA, the Big Canyon golf course opened in 1971.

Population

The 2010 United States Census reported that Newport Beach had a population of 85,186. The population density was 3,587.5 people per square mile (1,381.7/km2).

Schools

Newport Beach offers 22 different schools, all highly rated. The majority of public schools in the area are rated 9-10. If you prefer, Charter schools are also available.

Real Estate Market

 

SFR

Condo

Single Family Residence Condominium
Median Price $3,975,000 $1,495,000
Price Per Square Foot $1,103 $734

Here is the rental market in Newport Beach, CA:

1 Bedroom 2 bedroom 3 bedroom 4 bedroom
Median Rent $2152 $2683 $3770 $4352

Resources: Altos.re, bestplaces.net & Wikipedia

I’m always here to chat Real Estate, reach out anytime by signing up or logging in on moreandmorenetwork.com.

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