Newport Beach/CDM Weekly Update (1/4/19)
Newport Beach/Corona Del Mar Weekly Real Estate Market Update
JANUARY 4, 2019
Complete and updated information on Newport Beach and Corona Del Mar homes for sale and the local housing market.
Newport Beach Stats
Inventory: 305 active MLS listings in Newport Beach
New listings this week: 7
Newly in escrow this week: 13
New closed sales this week: 8
New price cuts this week: 11
Corona Del Mar Stats
Inventory: 99 active MLS listings in Corona Del Mar
New listings this week: 2
Newly in escrow this week: 1
New closed sales this week: 3
New price cuts this week: 7
Scroll down or jump below to Corona Del Mar listings & data for the week.
Featured New Listings of the Week (Newport Beach)
(4br/3ba, 2717 sqft.)
Agent's Description:
Light, bright and welcoming. This charming 4-bedroom, 3 bath home has plenty of room with over 2700 square feet. There is a huge, private (pool-sized) wrap-around yard that allows for endless possibilities since this corner lot is over 7600 square feet. The main floor consists of a large living room, a formal dining room, a kitchen that opens to a den (or breakfast room) as well as a downstairs bedroom and bathroom. The patio off the kitchen and dining area creates a great space for indoor/outdoor living and entertaining. The wide staircase leads upstairs to 3 additional bedrooms, 2 bathrooms and a king-sized bonus room above the garage that could be used as a playroom, a music room, an exercise room, or an office. The upstairs bedrooms all have dormer windows to help bring in natural light and maximize the space. You can live in this home as it stands, or remodel to your liking since it is very competitively priced. There are no HOA's. This home is centrally located near the Newport Back Bay Ecological Reserve with easy access to dining, shopping (South Coast Plaza or Fashion Island), Newport beaches and John Wayne Airport.
List price: $1,379,000
(4br/6ba, 3166 sqft.)
Agent's Description:
Chic seaside elegance is found on three levels with tasteful finishes throughout in this simply gorgeous newer construction home on Peninsula Point. A gourmet kitchen featuring a beautiful Calcutta marble island opens to the living and dining room. A main level open floor plan is the perfect setting for entertaining. Four bedrooms, five and a half bathrooms include a large-scale master suite with a spa bath and bay views. Three generously sized guest suites with beautifully appointed bathrooms make this the perfect full time residence or beach getaway. Revel in year-round indoor/outdoor living on oversize second floor deck and main floor enclosed patio. Other highlights include an elevator, beautiful chandeliers and smart home automation system by control 4. Located in one of most coveted communities in Newport Beach, Peninsula Point, this ideal location is a short walk to the Wedge, the bay, the Channel, the Ferry and Fun Zone, and some of the West Coast’s best beaches. A 2-car garage completes this move in ready beach home.
List price: $3,549,000
(3br/3ba, 1550 sqft.)
Agent's Description:
Quintessential single level Bayshores Bungalow has been completely re-imagined and expanded! This adorable, one-of-a-kind beach house is both modern and chic, with the finest of finishes and classic integrity that is sophisticated and timeless. Located in the desirable gated Bayshores community and a few blocks to pristine sandy beaches with volleyball court, BBQ's, playground and all the action of Newport Harbor. Beyond the charming curb appeal with white picket fence and new landscape, wood gates open to a private courtyard and flagstone patio with cozy fire pit. Enter through a Dutch door, into an open great room with wood burning fireplace that flows into the gourmet kitchen, breakfast bar and dining room. Exquisite craftsmanship with distressed wood flooring, custom wainscot, and window casings, gives the home a feeling of enduring quality. The open sunlit kitchen with built in wine bar is beautifully finished with marble counter tops, stainless steel appliances from Thermador and pendant lighting. Indoor/outdoor living flows from multiple French doors into a front courtyard and from a rear patio with private spa off the bedrooms.The home was recently expanded to include separate guest quarters with vaulted ceiling, skylight and en-suite bathroom. All bathrooms have been redesigned with new cabinetry, marble counter tops, and shower/tub surrounds. Den/office could be 4th bedroom. Newer A/C and roof. Garage has been completely dry walled plus storage and epoxy floor.
List price: $3,000,000
Notable Sales of the Week (Newport Beach)
4106 River Avenue
(4br/5ba, 3166 sqft.)
Agent's Description:
A unique opportunity to own a newly constructed custom home on the serene Newport Canal, located just two blocks from the beach. This transitional modern waterfront home offers 4 bedrooms and a bonus room, 5 full bathrooms and a new private dock that accommodates a 30’ boat and a Duffy boat but could be reconfigured to fit up to a 40’ boat. The open kitchen comes equipped with Thermador appliances throughout (including refrigerator, freezer, wine fridge, double oven, range top, dishwasher and microwave) and speakers. The living room includes a fireplace, surround sound speakers and expansive sliding glass doors that open to a private 600 sq. ft. waterfront patio with firepit, creating the perfect indoor/outdoor entertainment space. The bonus room on the 3rd floor opens to a private 675 sq. ft. patio with dry bar, fireplace, firepit, speakers, panoramic views. The master bedroom includes his and hers closets, fireplace, surround sound speakers and views of the canal. The master bathroom features dual vanities, bath tub, and a view of the canal from the shower. All bathrooms include custom mill work, Carrara marble or HanStone Quartz countertops, designer tile and luxury plumbing and lighting fixtures. This home features a laundry room, 3 floor elevator, dual zoned A/C, and security system. The attached garage allows two-car parking and the non-conforming car-port provides a place to keep a golf cart, bikes, water equipment/toys and beach gear. This is an entertainers dream!
Sold price: $4,250,000
301 Esplanade
(3br/2ba, 1607 sqft.)
Agent's Description:
Newly remodeled single level home in the Bluffs of Newport Beach! This single level home sits on a peaceful cul-de-sac location surrounded by lush greenbelts. This home offers 3 bedrooms and 2 full size bathrooms. Upon entry you will find a spacious and bright open floor plan with an abundance of windows thru out. The remodeled kitchen offers a large island area with gorgeous black marble counters, built in microwave, stainless steel appliances and refrigerator. The kitchen nook area offers a convenient built in workspace/coffee bar area and a dutch door to the patio. Spacious ground floor master bedroom with walk in closet and master bathroom. Dual sink vanity area and upgraded walk in shower complete with a rain shower head. Spacious secondary bedrooms with new carpet and paint. The secondary guest bathroom has shower/ tub and dual sink vanity. This home offers a indoor laundry room perfect to fit full size machines. The family room has a cozy fire place and french doors that lead to another outdoor space. This single level home offers several outdoor spaces in both the front and back yards complete with a gated courtyard perfect for your little pup. The upgrades are endless and the tranquil location is superb you will not be disappointed!
Sold price: $1,349,000
Complete Market Report Data (Newport Beach)
Here is our full market report on Newport Beach real estate for the week.
Click on any property address to see all photos & listing data online.
NEW MLS LISTINGS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 2399 Tustin Avenue | 4/3 | 2717 | 7405 | $1,379,000 | $508 | 2 | $1,379,000 | 01/04/19 |
| 220 Via Palermo | 3/3 | 1824 | 2614 | $2,495,000 | $1,368 | 2 | $2,495,000 | 01/04/19 |
| 2536 Crestview Drive | 3/3 | 1550 | 3920 | $3,000,000 | $1,935 | 3 | $3,000,000 | 01/03/19 |
| 1455 Santa Barbara Drive | 2/3 | 2224 | 0 | $3,825,000 | $1,720 | 3 | $3,825,000 | 01/03/19 |
| 2 Kialoa Court 96 | 4/3 | 1934 | 871 | $809,900 | $419 | 6 | $809,900 | 12/31/18 |
| 210 E Bay Avenue | 3/5 | 2908 | 2614 | $2,485,000 | $855 | 8 | $2,485,000 | 12/29/18 |
| 1508 E Balboa Boulevard | 4/6 | 3166 | 2614 | $3,549,000 | $1,121 | 8 | $3,549,000 | 12/29/18 |
NEWLY PENDING/IN ESCROW THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 211 Tustin Avenue | 2/2 | 1344 | 6970 | $1,690,000 | $1,257 | 145 | $1,950,000 | 08/14/18 |
| 209 38th Street A | 3/3 | 1515 | 2614 | $1,489,000 | $983 | 192 | $1,499,000 | 06/28/18 |
| 516 Tustin Ave | 3/1 | 1362 | 6534 | $1,599,999 | $1,175 | 107 | $1,649,000 | 09/21/18 |
| 3240 Broad Street | 3/4 | 1901 | 4792 | $1,595,000 | $839 | 80 | $1,595,000 | 10/18/18 |
| 2101 Vista Laredo | 2/2 | 1800 | 2178 | $1,325,000 | $736 | 23 | $1,325,000 | 12/14/18 |
| 1111 Granville Drive | 2/2 | 2167 | 0 | $1,590,000 | $734 | 328 | $1,890,000 | 02/12/18 |
| 216 21st Street | 5/4 | 2180 | 2178 | $1,995,000 | $915 | 50 | $1,995,000 | 11/17/18 |
| 2012 Highland Drive | 4/2 | 1650 | 7841 | $1,678,000 | $1,017 | 1 | $1,678,000 | 01/05/19 |
| 1859 Port Carlow Place | 5/6 | 3915 | 6534 | $3,995,000 | $1,020 | 52 | $4,195,000 | 11/15/18 |
| 9 Cape Woodbury | 4/5 | 4026 | 6970 | $2,849,000 | $708 | 34 | $2,849,000 | 12/03/18 |
| 10 Linda Isle | 4/4 | 3310 | 5227 | $4,995,000 | $1,509 | 200 | $5,695,000 | 06/20/18 |
| 33 Sand Dollar Court 23 | 2/3 | 1164 | 0 | $565,000 | $485 | 3 | $565,000 | 01/03/19 |
| 1717 Port Manleigh Circle | 4/2 | 2156 | 6970 | $1,845,000 | $856 | 98 | $1,995,000 | 09/30/18 |
NEW CLOSED SALES THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | SOLD PRICE | $PSF | DOM | START $ | CLOSED |
|---|---|---|---|---|---|---|---|---|
| 1303 N Bay Front | 7/4 | 2869 | 2614 | $3,995,000 | $1,392 | 0 | $3,995,000 | 01/04/19 |
| 7 Yorkshire | 6/7 | 7141 | 31799 | $509,100,000 | $71,293 | 40 | $5,475,000 | 01/04/19 |
| 116 Sapphire Avenue | 3/4 | 2134 | 2614 | $2,600,000 | $1,218 | 0 | $2,750,000 | 01/04/19 |
| 2106 Serrano Avenue | 4/3 | 2159 | 3485 | $3,000,000 | $1,390 | 224 | $3,495,000 | 01/04/19 |
| 2006 Diana Lane | 3/1 | 1235 | 7405 | $1,362,500 | $1,103 | 30 | $1,425,000 | 01/04/19 |
| 182 Villa Point Drive | 2/2 | 1255 | 0 | $795,000 | $633 | 45 | $849,500 | 01/03/19 |
| 415 Onda | 3/2 | 1862 | 4356 | $954,000 | $512 | 52 | $1,095,000 | 12/31/18 |
| 2306 Port Aberdeen Place | 5/6 | 4012 | 6534 | $2,650,000 | $661 | 0 | $2,650,000 | 12/31/18 |
NEW PRICE CUTS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 307 Alvarado Place | 3/3 | 2200 | 2614 | $2,795,000 | $1,270 | 95 | $2,949,000 | 10/03/18 |
| 2700 Hillside Drive | 3/3 | 1889 | 0 | $1,199,000 | $635 | 134 | $1,275,000 | 08/25/18 |
| 204 Onyx Avenue | 5/3 | 1872 | 2614 | $1,950,000 | $1,042 | 112 | $2,195,000 | 09/16/18 |
| 325 Irvine Avenue | 5/6 | 5260 | 6534 | $3,688,000 | $701 | 118 | $3,800,000 | 09/10/18 |
| 118 Baycrest Court 77 | 3/3 | 1938 | 0 | $869,000 | $448 | 117 | $899,000 | 09/11/18 |
| 240 Nice Lane 204 | 2/2 | 1312 | 1307 | $735,000 | $560 | 65 | $749,000 | 11/02/18 |
| 118 24th Street | 5/3 | 2077 | 2178 | $2,195,000 | $1,057 | 127 | $2,295,000 | 09/01/18 |
| 219 62nd Street | 5/5 | 2063 | 2614 | $1,200,000 | $582 | 172 | $1,650,000 | 07/18/18 |
| 20275 Estuary Lane | 3/4 | 1835 | 2178 | $898,000 | $489 | 119 | $915,000 | 09/09/18 |
| 2105 Yacht Wanderer | 3/3 | 2190 | 5663 | $1,999,999 | $913 | 37 | $2,099,000 | 11/30/18 |
| 208 Via Lido Nord | 4/4 | 3121 | 2614 | $5,375,000 | $1,722 | 151 | $5,795,000 | 08/08/18 |
Get More Newport Beach Real Estate Info
See the latest Newport Beach Housing Market Statistics, Prices and Trends.
See all Newport Beach real estate listings and neighborhood information.
Featured New Listings of the Week (Corona Del Mar)
(4br/5ba, 2800 sqft.)
Agent's Description:
Charming location! Coveted South of PCH neighborhood. This beautiful contemporary farmhouse style NEW home, completed in 2017 is perfectly located in the best area of Corona del Mar. Situated next to the Goldenrod foot bridge, a short stroll from the Sand and Sea. Submerge yourself into the CDM Village lifestyle, just a quick walk to the boutiques, restaurants, and galleries CDM is known for. Situated directly across from Bayside Park, lush greenery is the view seen from all levels of the home. Spacious and open with a 2nd story living level allows light to flood in from all directions. This uniquely spacious approx. 2800 sf home offers 4 bedrooms, 5 bathrooms, and 3 fireplaces, as well as 3 outdoor living areas - all crafted with high end materials and excellent quality of workmanship. Enjoy a covered logia adjoining the main living area with a disappearing glass wall for year-round indoor/outdoor living, excellent for entertaining. The main floor tiered open-air deck off the kitchen/dining area; and a rooftop deck allow for expansive views of Bayside Park and the foot bridge, which allows direct access to the beach. This area is plumbed and piped for an outdoor kitchen and structured to hold a six-person hot tub. Plenty of parking with a one-car garage, a one-car enclosed carport, and two driveway parking spaces. Equipped with full home surround sound and the latest technology, including an ELEVATOR for quick and easy movement among all floors. A True gem, Must See!
List price: $3,195,000
Notable Sales of the Week (Corona Del Mar)
431 Heliotrope Avenue
(3br/3ba, 2078 sqft.)
Agent's Description:
Remarkable design defines this sophisticated front residence in the heart of Corona del Mar’s Village. With nearly 2,100 square feet of open living space, 431 Heliotrope exemplifies the lifestyle expected from Orange County’s most sought-after coastal community. Disappearing walls of glass seamlessly blend the inviting greatroom & tranquil outdoor living. Abundant natural light accentuates warm finishes and refined natural textures. 2 oversized guest bedrooms & 2.5 bathrooms accompany an intimate Master suite with vaulted ceilings & curated wood elements. A spacious kitchen & elegant rooftop deck creates the perfect canvas for entertaining. Meticulously designed by acclaimed architect, Eric Olsen, this intimate yet voluminous residence harmonizes a rare combination of space, quality and style. Located steps from alluring beaches, local shops, restaurants, and amenities, 431 Heliotrope embodies all that Corona del Mar has to offer.
Sold price: $2,525,000
278 Morning Canyon Road
(4br/6ba, 5800 sqft.)
Agent's Description:
This Santa Barbara-style residence is perfectly positioned on the property to maximize coastal and canyon views and provides extraordinary indoor and outdoor living spaces, including an infinity edge pool, soothing spa, fire pit, loggia and built-in barbecue center. Completed in 2009, the home offers the best of Orange County coastal living paired with superior craftsmanship, custom design and modern amenities. The master suite with balcony has a prominent location highlighting sweeping views of the lush canyon leading out to the Pacific. Three additional bedroom suites, a large bonus room, great room, living room with wet bar, and an office or potential 5th bedroom with walk-in wine room all provide the ideal backdrop for relaxing with family and friends. Custom finishes are provided throughout: an elevator; custom cabinetry; wood beamed and paneled ceilings; and exquisite stone mosaic, marble and tile work. Whether preparing a meal in the culinary kitchen, roasting marshmallows at the outdoor fire pit, or soaking in the sun’s rays on the expansive patio, exquisite sapphire views of the Pacific are on display. Located in the coveted neighborhood of Shore Cliffs with direct beach access, this property is within close proximity to renowned shopping and dining at Fashion Island; near restaurants, shops and boutiques in The Village of Corona del Mar; and the hiking trails, bike paths and beach combing of Crystal Cove.
Sold price: $7,100,000
Complete Market Report Data (Corona Del Mar)
Here is our full market report on Corona Del Mar real estate for the week.
Click on any property address to see all photos & listing data online.
NEW MLS LISTINGS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 4812 Cortland Drive | 4/3 | 2124 | 9583 | $2,395,000 | $1,128 | 4 | $2,395,000 | 01/02/19 |
| 2801 Bayside Dr. | 4/5 | 2800 | 2178 | $3,195,000 | $1,141 | 5 | $3,095,000 | 01/01/19 |
NEWLY PENDING/IN ESCROW THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 224 Jasmine Avenue | 4/3 | 1915 | 5227 | $4,495,000 | $2,347 | 86 | $4,795,000 | 10/12/18 |
NEW CLOSED SALES THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | SOLD PRICE | $PSF | DOM | START $ | CLOSED |
|---|---|---|---|---|---|---|---|---|
| 431 Heliotrope Avenue | 3/3 | 2078 | 3485 | $2,525,000 | $1,215 | 132 | $2,695,000 | 01/02/19 |
| 278 Morning Canyon Road | 4/6 | 5800 | 10454 | $7,100,000 | $1,224 | 12 | $7,995,000 | 01/02/19 |
| 730 Santana Drive | 4/4 | 2745 | 7405 | $2,850,000 | $1,038 | 0 | $2,850,000 | 12/31/18 |
NEW PRICE CUTS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 19 Canyon Crest Drive 25 | 3/3 | 1778 | 0 | $1,200,000 | $675 | 32 | $1,295,000 | 12/05/18 |
| 733 Avocado Avenue | 1/1 | 890 | 0 | $909,000 | $1,021 | 207 | $939,000 | 06/13/18 |
| 427 .5 Marigold | 2/3 | 1208 | 3485 | $1,599,000 | $1,324 | 134 | $1,650,000 | 08/25/18 |
| 1007 Tiller Way | 4/3 | 2600 | 10019 | $3,495,000 | $1,344 | 86 | $3,898,000 | 10/12/18 |
| 608 Heliotrope Ave. | 4/4 | 1743 | 3485 | $2,239,000 | $1,285 | 128 | $2,248,000 | 08/31/18 |
| 2 Harbor Pointe Drive | 3/4 | 2639 | 13504 | $1,895,000 | $718 | 115 | $1,995,000 | 09/13/18 |
| 339 Milford Drive | 4/3 | 2810 | 23087 | $3,999,000 | $1,423 | 38 | $4,200,000 | 11/29/18 |
Get More Corona Del Mar Real Estate Info
See the latest Corona Del Mar Housing Market Statistics, Prices and Trends.
See all Corona Del Mar real estate listings and neighborhood information.
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