Newport Beach/CDM Weekly Update (3/1/19)
Newport Beach/Corona Del Mar Weekly Real Estate Market Update
MARCH 1, 2019
Complete and updated information on Newport Beach and Corona Del Mar homes for sale and the local housing market.
Newport Beach Stats
Inventory: 339 active MLS listings in Newport Beach (+18 over last week)
New listings this week: 33
Newly in escrow this week: 10
New closed sales this week: 15
New price cuts this week: 15
Corona Del Mar Stats
Inventory: 114 active MLS listings in Corona Del Mar (+8 over last week)
New listings this week: 13
Newly in escrow this week: 1
New closed sales this week: 1
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)
(3br/4ba, 3804 sqft.)
Agent's Description:
Nestled in the heart of Newport Beach, on the hill top of the exclusive Harbor Ridge, is this light filled home with an open floor plan that offers sparkling ocean, Catalina island and city light views from almost every angle. A private and plush gated courtyard leads to the double-door entry and foyer, looking out to the atrium with beautiful water feature. Exquisitely renovated, boasting 3 bedrooms, 3.5 bathrooms, an office, a den and a bonus room with fireplace and built-in book shelves, opening to the backyard with spectacular unobstructed panoramic ocean and city light views. This beautiful residence features volume ceiling, designer wrought iron stair rail, formal dining room, formal living room with fireplace that opens out to the deck with built-in BBQ, providing indoor/outdoor lifestyle to enjoy Newport's fantastic climate and breathtaking Pacific ocean views. Family room/den with a built-in entertainment center, is adjacent to the chef's kitchen with subzero fridge, 6 gas burner stove, granite counter top and breakfast nook with stunning views. Other features include a 3 car garage with upgraded glass roll-up garage door and built-in cabinets as well as a long driveway to accommodate your car collection! Amenities are 24 hour gate guard, patrol, 4 pools, 3 tennis courts and 3 gates. The community is located within close proximity to the beach, shopping, great restaurants, John Wayne airport, 73 Toll Road, Pelican Hill resort and golf course.
List price: $3,285,000
(3br/3ba, 2171 sqft.)
Agent's Description:
Welcome Home! This Elegant Spanish Charmer is located in highly coveted Newport Heights. Boasting an excellent open design w high ceilings, lots of light, and plenty of upgrades. This town home style condo shares only one wall and features three wonderful outdoor living areas to complement Newport Beach's bountiful sunshine weather. With 3 Bedrooms and 2.5 Baths, this home invites you in with a spacious living room that opens to ocean breezes via a private front patio. The large chefs kitchen features designer granite counters with built in 6 burner Viking cooktop and opens to the family room and dining area via a beautiful breakfast bar. Perfect for entertaining the kitchen flows easily through french doors to the private side patio which includes built-in spa with water feature, and plenty of space to relax with friends or family. Upstairs this home welcomes the fresh air by opening to a secluded upper level patio perfect for taking in the sunset. The master suite has plenty of space, large closets, and connects to a finely crafted master bath. 2 car garage, direct alley access. SOLD FULLY FURNISHED, NO HOA, NO MAINTENANCE! Primely located just minutes from Newport's beautiful harbor & beaches, walking distance to parks, blue ribbon schools, and many of Newport's finest eateries & dining establishments. Just seconds away from Hoag. Come see why so many adore living in the charms of this one of a kind neighborhood.
List price: $1,615,000
8 Sea Island Drive
(3br/3ba, 1819 sqft.)
Agent's Description:
With a prime location in Newport Beach, 8 Sea Island is an end unit offering a highly upgraded escape with custom finishes throughout. Upon entrance, soaring ceilings welcome you into the living room, and an abundance of windows let in plenty of natural light. The living room opens into a dining area and winds around to the kitchen, featuring a breakfast bar, custom cabinetry and countertops, and stainless steel appliances, making this the perfect setting for entertaining guests. A private, spacious patio is conveniently located just outside the living room, and a main floor bedroom. Upstairs is to additional bedrooms, including an expansive master suite with a custom walk-in closet, loft and separate AC system, an oversized bathroom with dual sinks and luxurious soaking tub. The association includes 2 pools and spas and tennis court.
List price: $910,000
Notable Sales of the Week (Newport Beach)
(3br/3ba, 3032 sqft.)
Agent's Description:
Savour the sunsets and turning basin views from this extra wide bayfront lot. Enjoy a luxury lifestyle on the deep, sandy beach in Beacon Bay. This property offers bay views from the dining room, living room, and both master bedroom suites. Enter through the private courtyard, step across the entry threshold, and the view of the beach and bay draw you straight out to the water. Perfect for outdoor entertaining and relaxing, a wide open beachfront patio spans the frontage and offers views of boating activity and the Newport Harbor Holiday Boat Parade. The spacious, open floorpan, with thoughtful architectural details, allows abundant natural light which creates a warm and casual atmosphere. Two master suites and one additional guest bedroom provide great flexibility. One master suite is ideally located on the ground floor with bayfront patio access. The second luxurious master retreat is located upstairs and encompasses the entire level. It includes a fireplace, large walk-in closet, bathroom, sitting area and viewing deck. The wonderful beach community of Beacon Bay offers sprawling beaches, docks and boat slips, grass estradas, tennis court and play park. There is no place like Beacon Bay! All property in Beacon Bay is subject to a 50 year land lease with the City of Newport Beach. There is no land buyout available.
Sold price: $4,625,000
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 |
|---|---|---|---|---|---|---|---|---|
| 305 Walnut Street | 3/2 | 1507 | 2614 | $1,425,000 | $946 | 0 | $1,425,000 | 03/02/19 |
| 3406 Marcus Avenue | 3/2 | 1527 | 4356 | $2,599,000 | $1,702 | 0 | $2,599,000 | 03/02/19 |
| 206 Apolena Avenue | 5/0 | 1504 | 2614 | $1,995,000 | $1,326 | 0 | $1,995,000 | 03/02/19 |
| 9 Cherry Hills Lane | 5/7 | 6648 | 17424 | $6,500,000 | $978 | 0 | $6,500,000 | 03/02/19 |
| 3250 Broad Street | 3/3 | 2200 | 4356 | $1,595,000 | $725 | 1 | $1,595,000 | 03/01/19 |
| 3036 Corte Portofino | 4/3 | 2269 | 3485 | $1,415,000 | $624 | 1 | $1,415,000 | 03/01/19 |
| 1512 E Ocean Boulevard | 4/5 | 3278 | 3049 | $4,095,000 | $1,249 | 1 | $4,095,000 | 03/01/19 |
| 506 W Oceanfront | 5/3 | 2294 | 2178 | $4,899,000 | $2,136 | 1 | $4,899,000 | 03/01/19 |
| 1100 Pembroke Lane | 4/3 | 2471 | 10890 | $1,799,000 | $728 | 2 | $1,799,000 | 02/28/19 |
| 1621 Port Charles Place | 4/5 | 3936 | 6970 | $2,895,000 | $736 | 2 | $2,895,000 | 02/28/19 |
| 502 Clubhouse Avenue | 6/6 | 2451 | 2614 | $2,089,000 | $852 | 3 | $2,089,000 | 02/27/19 |
| 530 Kings Road | 4/8 | 6400 | 8712 | $4,795,000 | $749 | 3 | $4,795,000 | 02/27/19 |
| 1903 Yacht Puritan | 4/3 | 3140 | 6098 | $2,195,000 | $699 | 3 | $2,195,000 | 02/27/19 |
| 11 Sea Cove Lane 5 | 2/3 | 2374 | 0 | $1,595,000 | $672 | 3 | $1,595,000 | 02/27/19 |
| 333 Morning Star Lane | 4/5 | 3912 | 6098 | $5,995,000 | $1,532 | 3 | $5,995,000 | 02/27/19 |
| 107 Via Orvieto | 2/2 | 2433 | 2614 | $2,100,000 | $863 | 3 | $2,100,000 | 02/27/19 |
| 6806 W Oceanfront | 2/1 | 812 | 2614 | $4,795,000 | $5,905 | 3 | $4,795,000 | 02/27/19 |
| 2006 Port Cardiff Place | 6/6 | 4548 | 11761 | $3,595,000 | $790 | 3 | $3,595,000 | 02/27/19 |
| 7 Monaco 8 | 3/4 | 3804 | 0 | $3,285,000 | $864 | 4 | $3,285,000 | 02/26/19 |
| 202 Nata | 3/3 | 2080 | 1742 | $1,299,000 | $625 | 4 | $1,299,000 | 02/26/19 |
| 5104 River Avenue | 3/2 | 1620 | 5663 | $1,999,000 | $1,234 | 4 | $1,999,000 | 02/26/19 |
| 3216 Clay Street | 3/3 | 2171 | 10019 | $1,615,000 | $744 | 4 | $1,615,000 | 02/26/19 |
| 144 Villa Point Drive | 1/1 | 774 | 0 | $610,000 | $788 | 4 | $610,000 | 02/26/19 |
| 121 Garnet Avenue | 3/4 | 2331 | 2614 | $3,895,000 | $1,671 | 4 | $3,895,000 | 02/26/19 |
| 2007 Leeward Lane | 5/5 | 4661 | 8712 | $2,695,000 | $578 | 4 | $2,695,000 | 02/26/19 |
| 8 Sea Island Drive | 3/3 | 1819 | 0 | $910,000 | $500 | 4 | $910,000 | 02/26/19 |
| 1726 Port Stirling Place | 4/3 | 2324 | 7841 | $1,795,000 | $772 | 4 | $1,795,000 | 02/26/19 |
| 300 Cagney Lane 111 | 1/1 | 561 | 0 | $395,000 | $704 | 5 | $395,000 | 02/25/19 |
| 562 Glorieta | 4/3 | 1964 | 1742 | $1,349,000 | $687 | 6 | $1,349,000 | 02/24/19 |
| 100 Scholz 110 | 2/2 | 1120 | 0 | $535,000 | $478 | 7 | $535,000 | 02/23/19 |
| 511 Fullerton Avenue | 6/7 | 5416 | 6534 | $3,295,000 | $608 | 7 | $3,295,000 | 02/23/19 |
| 44 Hillsdale Dr | 4/4 | 3476 | 0 | $2,198,000 | $632 | 7 | $2,198,000 | 02/23/19 |
| 1539 Santa Barbara Drive | 3/4 | 3166 | 0 | $4,795,000 | $1,515 | 7 | $4,795,000 | 02/23/19 |
NEWLY PENDING/IN ESCROW THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 5009 Lido Sands Drive | 3/2 | 1120 | 5227 | $1,725,000 | $1,540 | 87 | $1,725,000 | 12/05/18 |
| 16 Cape Andover | 4/6 | 4233 | 8712 | $3,195,000 | $755 | 114 | $3,385,000 | 11/08/18 |
| 1565 Miramar Drive | 2/1 | 899 | 2614 | $1,800,000 | $2,002 | 154 | $1,299,999 | 09/29/18 |
| 507 W Edgewater Avenue | 5/5 | 3897 | 3485 | $7,995,000 | $2,052 | 211 | $8,995,000 | 08/03/18 |
| 250 Via Lido Soud | 4/5 | 2954 | 3049 | $2,949,000 | $998 | 39 | $2,949,000 | 01/22/19 |
| 200 Paris Lane 213 | 3/3 | 1814 | 100188 | $1,500,000 | $827 | 75 | $1,500,000 | 12/17/18 |
| 1715 Port Stirling Place | 4/3 | 3000 | 6970 | $2,495,000 | $832 | 16 | $2,495,000 | 02/14/19 |
| 214 Collins Avenue | 3/2 | 1545 | 2614 | $1,750,000 | $1,133 | 41 | $1,895,000 | 01/20/19 |
| 56 Sea Pine Lane | 2/2 | 1606 | 0 | $949,000 | $591 | 81 | $989,000 | 12/11/18 |
| 1107 Berkshire Lane | 4/2 | 1944 | 9148 | $1,995,000 | $1,026 | 22 | $1,995,000 | 02/08/19 |
NEW CLOSED SALES THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | SOLD PRICE | $PSF | DOM | START $ | CLOSED |
|---|---|---|---|---|---|---|---|---|
| 2700 Hillside Drive | 3/3 | 1889 | 0 | $1,175,000 | $622 | 162 | $1,275,000 | 03/01/19 |
| 819 W 15th Street 4a | 2/3 | 1324 | 0 | $698,000 | $527 | 114 | $725,000 | 03/01/19 |
| 211 Tustin Avenue | 2/2 | 1344 | 6970 | $1,575,000 | $1,172 | 145 | $1,950,000 | 03/01/19 |
| 316 Grand Canal | 4/2 | 1400 | 2178 | $2,435,000 | $1,739 | 94 | $2,625,000 | 03/01/19 |
| 505 W Edgewater Avenue | 4/5 | 3100 | 2614 | $6,000,000 | $1,935 | 37 | $6,499,900 | 02/28/19 |
| 68 Baycrest Court 56 | 2/2 | 1311 | 0 | $690,000 | $526 | 34 | $690,000 | 02/28/19 |
| 41 Southampton Court 131 | 3/4 | 3246 | 0 | $1,475,000 | $454 | 39 | $1,549,000 | 02/27/19 |
| 913 W Bay Avenue | 3/3 | 2765 | 2614 | $2,460,000 | $890 | 4 | $2,460,000 | 02/27/19 |
| 1815 Port Renwick Place | 4/3 | 2324 | 6534 | $2,150,000 | $925 | 50 | $2,195,000 | 02/26/19 |
| 194 Hartford Drive 116 | 2/2 | 1232 | 0 | $665,000 | $540 | 53 | $689,999 | 02/26/19 |
| 452 Bolero Way | 2/2 | 1100 | 1307 | $585,000 | $532 | 113 | $629,000 | 02/26/19 |
| 525 Vista Flora | 3/3 | 1917 | 1307 | $1,175,000 | $613 | 40 | $1,198,000 | 02/26/19 |
| 1333 Santa Barbara Drive | 3/4 | 3300 | 0 | $4,500,000 | $1,364 | 357 | $6,398,000 | 02/25/19 |
| 282 Villa Point Drive | 1/1 | 908 | 0 | $662,000 | $729 | 152 | $769,000 | 02/25/19 |
| 3 Beacon Bay | 3/3 | 3032 | 3920 | $4,625,000 | $1,525 | 8 | $4,695,000 | 02/25/19 |
NEW PRICE CUTS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 2245 Tustin Avenue | 6/5 | 5505 | 21780 | $3,499,000 | $636 | 212 | $3,990,000 | 08/02/18 |
| 15 Colonial Drive | 5/5 | 3588 | 6970 | $2,750,000 | $766 | 306 | $3,100,000 | 04/30/18 |
| 2745 Vista Umbrosa | 3/3 | 2108 | 2178 | $1,299,999 | $617 | 150 | $1,399,999 | 10/03/18 |
| 2027 Santiago Drive | 5/5 | 3981 | 8712 | $3,600,000 | $904 | 183 | $4,780,000 | 08/31/18 |
| 1435 High Bluff Drive | 4/3 | 2927 | 6970 | $2,398,000 | $819 | 135 | $2,725,000 | 10/18/18 |
| 3173 Corte Portofino | 3/3 | 2269 | 3485 | $1,275,000 | $562 | 95 | $1,300,000 | 11/27/18 |
| 102 Scholz 26 | 2/2 | 1120 | 1307 | $729,000 | $651 | 97 | $775,000 | 11/25/18 |
| 1812 Port Ashley Place | 3/2 | 1488 | 6098 | $1,675,000 | $1,126 | 38 | $1,795,000 | 01/23/19 |
| 109 Onyx Avenue | 3/5 | 2370 | 2614 | $3,695,000 | $1,559 | 163 | $4,195,000 | 09/20/18 |
| 111 Onyx Avenue | 3/5 | 2370 | 2614 | $3,595,000 | $1,517 | 163 | $3,995,000 | 09/20/18 |
| 1100 Rutland Road 11 | 1/1 | 680 | 0 | $459,000 | $675 | 30 | $469,000 | 01/31/19 |
| 2642 Vista Drive | 5/4 | 3300 | 3920 | $4,099,999 | $1,242 | 340 | $4,695,000 | 03/27/18 |
| 707 Camphor Street | 5/6 | 4820 | 7405 | $4,395,000 | $912 | 114 | $4,495,000 | 11/08/18 |
| 18 Landport | 5/6 | 4934 | 8712 | $3,588,000 | $727 | 94 | $3,788,000 | 11/28/18 |
| 119 Via Koron | 5/5 | 4634 | 4356 | $4,395,000 | $948 | 141 | $4,600,000 | 10/12/18 |
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)
(3br/2ba, 1475 sqft.)
Agent's Description:
Reveling in the utmost charm and designer finishes inside and out, this single-family home is situated on a corner lot - preserving the originality of a quintessential Corona del Mar cottage, melding a modern layout and qualities of current design trends. The exterior was completely re-configured by a most reputable design landscaper to include flagstone, custom reclaimed wood, baring citrus trees, and a custom table built around the 51-year-old olive tree for ultimate outdoor dining. The interiors are emphasized with white open beamed ceilings, marble countertops, subway tiling, reclaimed wood, and refinished hardwood flooring. The kitchen offers custom cabinetry and chef-grade appliances with a hidden butler’s pantry replete with additional fridge, storage and prepping stations. The authentic brick fireplace is the focal point of the admired living room. A heavenly master bedroom supplies abundant, integral storage among white hardwood flooring, soaring open beam ceiling and remodeled bathroom. No feature was overlooked when it came to remodeling – all new electrical, plumbing, surround sound and window restoration was completed. Ideally located in the highly sought-after section of the Village; near Begonia Park and centrally located to beaches, shops and restaurants.
List price: $2,349,000
Notable Sales of the Week (Corona Del Mar)
(4br/3ba, 2204 sqft.)
Agent's Description:
Panoramic Ocean, Catalina Island, Sunset and City Light Views! Fabulous opportunity to enjoy as is or to expand and take advantage of the oversized 11,000 plus sq. ft. lot. Single-story 4 bedroom, 2.5 bathroom home with a detached 3-car garage* and a large pool. The home has been freshly updated with new flooring, remodeled bathrooms and walls removed to take advantage of the 180 degree, sit down views. Situated on a quiet street that is nicely terraced creating beautiful unobstructed ocean and city light views. *the garage has been used as a room so some alterations are needed to convert back to a functional garage.
Sold price: $3,445,000
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 |
|---|---|---|---|---|---|---|---|---|
| 309 1/2 Iris Avenue | 3/3 | 1800 | 4792 | $1,875,000 | $1,042 | 0 | $1,875,000 | 03/02/19 |
| 1627 Bayadere Terrace | 5/9 | 6723 | 12197 | $15,995,000 | $2,379 | 1 | $15,995,000 | 03/01/19 |
| 509 Morning Canyon Road 12 | 2/1 | 950 | 0 | $749,000 | $788 | 2 | $749,000 | 02/28/19 |
| 461 Morning Canyon Road | 4/4 | 3075 | 8276 | $5,295,000 | $1,722 | 2 | $5,295,000 | 02/28/19 |
| 239 Poppy Avenue | 5/6 | 4650 | 5227 | $7,300,000 | $1,570 | 2 | $7,300,000 | 02/28/19 |
| 251 Driftwood Road | 2/3 | 1604 | 9583 | $3,445,000 | $2,148 | 3 | $3,445,000 | 02/27/19 |
| 430 Marigold Avenue B | 2/2 | 1156 | 0 | $1,725,000 | $1,492 | 3 | $1,725,000 | 02/27/19 |
| 420 Acacia Avenue | 3/2 | 1475 | 2614 | $2,349,000 | $1,593 | 4 | $2,349,000 | 02/26/19 |
| 601 Iris Avenue | 3/4 | 2340 | 3485 | $2,675,000 | $1,143 | 4 | $2,675,000 | 02/26/19 |
| 305 Harbor Woods Place 305 | 2/2 | 1050 | 0 | $639,000 | $609 | 4 | $639,000 | 02/26/19 |
| 317 Goldenrod Avenue | 4/5 | 2997 | 3920 | $3,695,000 | $1,233 | 7 | $3,695,000 | 02/23/19 |
| 606 .5 Larkspur Avenue | 2/3 | 1197 | 3485 | $1,650,000 | $1,378 | 7 | $1,650,000 | 02/23/19 |
| 606 Larkspur Avenue | 3/4 | 1760 | 3485 | $2,750,000 | $1,563 | 7 | $2,750,000 | 02/23/19 |
NEWLY PENDING/IN ESCROW THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 521 Poinsettia Avenue | 3/3 | 2167 | 5227 | $2,395,000 | $1,105 | 26 | $2,395,000 | 02/04/19 |
NEW CLOSED SALES THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | SOLD PRICE | $PSF | DOM | START $ | CLOSED |
|---|---|---|---|---|---|---|---|---|
| 1601 Castle Cove Circle | 4/3 | 3153 | 10019 | $2,975,000 | $944 | 0 | $2,975,000 | 02/25/19 |
NEW PRICE CUTS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 411 Heliotrope Ave | 4/5 | 2685 | 5227 | $3,495,000 | $1,302 | 215 | $3,895,000 | 07/30/18 |
| 411 .5 Heliotrope Ave | 3/4 | 2203 | 5227 | $2,595,000 | $1,178 | 215 | $2,795,000 | 07/30/18 |
| 339 Milford Drive | 4/3 | 2810 | 23087 | $3,699,000 | $1,316 | 94 | $4,200,000 | 11/28/18 |
| 421 Goldenrod Avenue B | 2/2 | 932 | 3485 | $1,175,000 | $1,261 | 51 | $1,250,000 | 01/10/19 |
| 1400 Keel Drive | 4/3 | 3153 | 9583 | $2,495,000 | $791 | 91 | $2,649,000 | 12/01/18 |
| 618 1/2 Poinsettia Avenue | 2/3 | 1710 | 0 | $1,675,000 | $980 | 157 | $1,850,000 | 09/26/18 |
| 519 Fernleaf Avenue | 3/4 | 1838 | 0 | $1,839,000 | $1,001 | 106 | $1,869,000 | 11/16/18 |
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.
Post a Comment