Newport Beach Market Update (7/12/19)

JULY 12, 2019

Complete and updated information on Newport Beach homes for sale and the local housing market.

Newport Beach Stats

Inventory: 421 active MLS listings in Newport Beach

New listings this week: 31

New closed sales this week: 12

Featured New Listings of the Week

54 Hillsdale Drive #31 (3br/2.5ba, 2428 sqft.)

Agent's Description:

This absolutely gorgeous, renovated, single story, corner lot home in Belcourt Terrace, is the only one on the market. Perfectly designed with 3 bedrooms, 2.5 bathrooms, large gourmet kitchen with high-end appliances, grand marbled foyer with open floor plan, private courtyard, rear marbled patio with glistening waterfall and spa, built-in barbecue to entertain, striking gazebo, and 2 car garage with built-ins. This is prime Newport Beach real estate! Fashion Island, Balboa Island, award-winning restaurants, shopping, and beaches are just a few minutes drive. Only 2 miles to Rt. 73. SEALED BID SALE. MUST RECEIVE ALL OFFERS BY MONDAY JULY 15TH 2019 AT 6:00PM.

List price: $1,495,000

2508 Holly Lane (4br/2.5ba, 2264 sqft.)

Agent's Description:

Your quintessential coastal cottage is here! Located on a beautiful tree lined street in Newport Heights, this completely renovated 4 bedroom 3 bath home offers unsurpassed luxury with cozy beach comfort. As you make your way through the white picket fence you are immediately drawn to the white brick exterior and standing seam metal roof. Enter through the dutch door to the living/kitchen great room. Open an airy the room features a white brick fireplace and custom hanging barn door to the 4th bedroom/den. A reclaimed wood mantle and white oak floors are warm and inviting. The chefs kitchen comes complete with a 6 burner Viking range and stainless steel appliances. A large island in Calcutta marble features loads of storage and seating for casual dining. A prep sink on the island and a secondary sink overlooking the pool and backyard are thoughtfully planned out. A walk-in pantry and dining area complete this wonderful space. On the main level there is an en suite bedroom off the yard and two additional bedrooms. A large master bedroom retreat features a large walk in closet, fireplace and 10 foot ceilings. The master bath comes with a claw foot tub, large walk in shower , duel sinks and fireplace. A private balcony complete this wonderful retreat. The backyard features a custom pool, spa, fire pit and Viking BBQ. The waterfall features offer a wonderful private escape. The pool/guest house complete this amazing home. Welcome to Holly Lane!

List price: $2,275,000

39 Whitehall (4br/3ba, 2911 sqft.)

Agent's Description:

Exceptional 4 bedroom, 3 bath home (one bedroom and full bath on main floor) in prestigious, guard-gated Bonita Canyon. This versatile and spacious floorplan encompassing over 2910 feet offers a recently remodeled bespoke kitchen with custom soft-close cabinetry, high-end finishwork and fixtures, vast center island with sink and top-quality stainless appliances including a Liebherr refrigerator with glass beverage french-door, Dacor chef's 6 burner cooktop with grill and abundance of thoughtfully appointed storage areas. The spacious family room with cozy fireplace opens to the gourmet kitchen and has recently installed custom wood 10ft x 12ft sliding French-doors leading to the rear yard complete with built-in BBQ and bar, water feature and spa. An inviting living room with fireplace and vaulted ceiling and formal dining room rounds out the main floor. Upstairs you will find a loft perfect for an office or playroom, a master bedroom suite with dual closets, two ample linen closets, full bath with double vanity and two spacious bedrooms with walk-in closets. The Newport Beach neighborhood of Bonita Canyon has resort style amenities that include a guard-gated entrance, Junior Olympic-size pool, playground, walking paths, wading pool, barbecue area, bluffside parks and private tennis court.

List price: $2,048,000

Featured Sales of the Week

651 Vista Bonita (3br/2.5ba, 1737 sqft.)

Agent's Description:

East Bluff Home with bay views! This End unit home has recently been updated and is located in a tranquil setting in the Bluffs. Enjoy this 3 bedroom 2.5 bath home complete with wood floors and an abundance of windows allowing for bay views from every angle. Beautiful updated gourmet kitchen with a dramatic kitchen island, fresh white cabinetry and top of the line Viking stove and Viking refrigerator. Great open floor plan and living room area with fireplace and sliding glass doors to the back bay views and private covered patio. Enjoy your master bedroom with great bay views and rich hard wood flooring. Barn door entry to the master bath with a wonderful soaking tub and separate walk in shower. Nice size secondary bedrooms with jack and jill bath. The secondary bedrooms both offer views of the bay and private greenbelt area. Enjoy the laundry room area and ample cabinet space. Attached 2 car garage with cabinets and spacious driveway. This upgraded end unit home has it all bay views, lush greenbelt location, tranquil settings and much more. The community pool is within walking distance and great parks and schools close by.

Sold price: $1,480,000

2115 Aralia Street (3br/2.5ba, 2177 sqft.)

Agent's Description:

Whether you are a first time homebuyer or a seasoned homeowner in the process of making a change in property, you are certain to recognize the quality & value in this totally rebuilt home nestled on a cul de sac street in one of Newport's fastest appreciating neighborhoods. Built in 2015 from a template of perfectly planned living spaces, this jewel of a home marries the finest surfaces & materials with exquisite craftsmanship and unparalleled attention to detail. This rare and sought after single level home is both compact and spacious. Designed to accommodate today's modern lifestyle and underscored throughout by gorgeous French oak flooring, the kitchen is truly the heart of the home, stylishly opening to the fam room creating a great room area. A heated and covered private loggia, accessed by glass french doors from the great room, is a highlight of the floor plan offering the perfect space to enjoy seamless indoor outdoor living amidst stunning gardens. The living room/dining room is a cozy & elegant space enhanced by a wood burning fireplace and custom wood wainscoting. The spacious master bedroom/bathroom suite features a Japanese soaking tub and walk in shower, custom wood cabinetry featuring marble countertops trimmed with Restoration Hardware faucet and knobs, marble shower walls and floors. Brimming with character and charm throughout, his turn key Leeds certified home is energy efficient, environmentally conscious and perfect in every corner.

Sold price: $1,950,000

1982 Port Albans Place (5br/5.5ba, 3697 sqft.)

Agent's Description:

Situated in the premier Port Streets neighborhood in Newport Beach, this newer construction home offers five bedrooms and five-and-one-half baths. A charming Dutch door allows coastal breezes to flow through the home's open-concept layout and welcomes guests to the casually elegant interiors. In the inviting family room, a wall of disappearing glass doors presents a showpiece rear yard complete with built in BBQ, hot tub and retractable awning. The unification of indoor/outdoor living creates a dynamic entertaining space perfect for a small get together or even a larger formal event. The spacious chef's kitchen with large center island is highlighted by beautiful stone counters and stainless-steel appliances. A convenient main level en-suite bedroom and formal dining room complete the first floor. Upstairs, an enchanting master suite beckons with fireplace and tranquil master bath showcasing a soaking tub and walk-in shower. Three additional bedroom suites and laundry room join the master on the second floor. No detail was overlooked in this exquisite residence from the hardwood floors and custom woodwork to the eye-catching finishes and custom paint tones. Located just minutes from Fashion Island, magnificent beaches and John Wayne Airport, the Port Streets also offer community pools, tennis courts, parks and clubhouse.

Sold price: $3,395,000