Bungalow Style Beach Cottage at Lido Isle, Newport Beach

Classic single-level bungalow style beach cottage at Lido Isle.

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Prime street-to-strada location, four houses to the water!

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Sought-after, quintessential and exclusive island community.

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Sunny, south facing and gated courtyard with Mediterranean-style fountain.

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Dutch door carries ocean breezes into the light and airy interior of home.

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Main living area features open beam ceiling, picture window toward the courtyard, fireplace and wrap around hearth ~ perfect space to relax and entertain!

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Bright kitchen upgraded with stainless steel appliances, 5-burner Dacor convection/range & large refrigerator.

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Master bedroom has fireplace, built-in shelves, large walk-in closet with organizer system, and en suite bath w/ dual vanity.

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This home has garden on the strada, flagstone patio and flooring, solid wood doors, garage w/ built-in cabinets & workshop desk.

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Enjoy the fabulous Lido lifestyle and amenities

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Playground at the beach, private community clubhouse, Yacht Club, sailing, tennis courts, beaches, boat docks, parks and activities.

See this best value home buyer opportunity at Lido!

Click here to see more information and photographs. 

Home presented for sale at $1,590,000 – CRMLS multiple listing service #OC16718800

Property Presented by Christi and Harrison Long, Real Estate Professionals and Realtors, HomeSmart Evergreen Realty.  Please contact us by cell or text at 949-701-2515.  CALBRE #01410855 and CALBRE 01438859.

“Bungalow Style Beach Cottage at Lido Isle, Newport Beach”

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223 Via Eboli – Lido Isle New Listing at Newport Beach CA

Lido Isle New Listing – 223 Via Eboli at Newport Beach CA

5953672300_e250602714_z223 Via Eboli – located 40 meters from community Newport Harbor beach area

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Classic, single-level Lido Isle beach cottage at prime street-to-strada location, four houses to the water!i-dv7ftjd-x3

Sought-after, quintessential and exclusive island community.

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Sunny, south facing and gated courtyard with Mediterranean-style fountain.  Dutch door carries ocean breezes into the light and airy interior of home.

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Expansive main living area features open beam ceiling, picture window toward the courtyard, fireplace and wrap around hearth ~ the perfect space to relax and entertain!

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Bright kitchen upgraded with stainless steel appliances, 5-burner Dacor convection/range & large refrigerator.

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Kitchen opens to great room.

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Master bedroom has fireplace, built-in shelves, large walk-in closet with organizer system, and en suite bath w/ dual vanity.

p1010050-bElements of the home include garden on the strada, vinyl & wood windows, flagstone patio and flooring, solid wood doors, garage w/ built-in cabinets & workshop desk.

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Enjoy the fabulous Lido lifestyle and world class amenities ~ private community clubhouse, Yacht Club, sailing, tennis courts, beaches, parks and social activities.

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Come see this best value and opportunity on Lido!

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“223 Via Eboli – Lido Isle New Listing at Newport Beach CA”

Click here to see more information and photographs. 

CRMLS multiple listing service #OC16718800

Property Presented by Christi and Harrison Long, Real Estate Professionals and Realtors.  Please contact us by cell or text at 949-701-2515.  CALBRE #01410855 and CALBRE 01438859.

Posted in Live at Newport Beach, New listing, Newport Beach CA, Newport Beach home buying, Newport Beach home values, Newport Beach homes, Newport Beach housing market, Newport Beach real estate, Newport homes and properties, Newport sand and surf | Tagged , , , , , , , , , , , , , , , | Leave a comment

Corona del Mar CA Real Estate Market Update

Corona del Mar CA real estate market update – July 19, 2016

Big Corona State Beach

Big Corona State Beach

Corona del Mar is one of the most popular and sought-after areas for residential living and investment in Southern California.

Corona del Mar Homes

Where the average selling price of a home is more than $2.5 million, investors are still attracted to their CDM opportunities.

Live at Newport Beach30 Corona del Mar homes sold during June 2016

  • $2,538,547 – average sold price
  • 2524 SF – average interior size
  • 87 – average number of days on the market for those sold homes

23 Corona del Mar homes sold last year during June 2015

  • $2,762,000 – average sold price
  • 2,539 SF – average interior size
  • 66 – average number of days on market for those sold homes

Corona del Mar now has 99 homes listed for sale

The CDM estate home at 415 Avocado is now the most expensive home now listed for sale at Corona del Mar – with price tag of $24,700,000.

By Harrison K. Long, Realtor and Real estate broker – CALBRE #01410855. Broker associate at HomeSmart Evergreen Realty. Contact me at 949-701-2515 for more information about Corona del Mar homes – and the buying or selling process for CDM and Newport Beach CA homes and real estate.

See – LiveCoronadelmar.com

See – LiveAtNewportBeach.com

“Corona del Mar CA real estate sales market update and report”

Posted in Coast Living Homes, Corona del Mar, Corona del Mar home values, Corona del Mar village, Live at Newport Beach, Newport Beach CA, Newport Beach home buying, Newport Beach home values, Newport Beach homes, Newport Beach housing market, Newport Beach real estate, Newport Coast home values, Ocean view homes | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Eastbluff Homes at Newport Beach Market Update

Eastbluff at Newport Beach
Eastbluff Park and walking paths

Eastbluff Park and walking paths

 

 

Eastbluff at Newport Beach is a residential community located on the East side of the Upper Newport Back Bay and west of Jamboree Road.  Eastbluff has both single family detached homes and also the popular “Bluffs” homes – most of which are attached.

 

Easbluff with Back Bay views

Upper Back Bay views from Eastbluff homes

39 Eastbluff homes sold during second half of this year – from July 1 to December 18, 2015.

29 of those were condominium or attached single family homes – which had average sold price of $972,836.

$1,375,000 was highest sold price of a Bluffs home at 2129 Vista Entrada.

10 of those sold homes were detached single family homes – with average sold price of $1,861,000.

$3,775,000 was highest sold price of an Eastbluff Newport Beach detached home at 900 Cercis Place.

Eastbluff at Newport Beach is a very popular location for residential living and investment – Live at Newport Beach

See Bluffs homes at Newport Beach homes for sale

See Eastbluff single family detached homes for sale

Newport Beach CA is a destination for home buyers and travelers who are romanced by opportunities at Newport Harbor, Balboa Island, the canal, Newport Center, Fashion Island, Lido Island, Balboa Peninsula, the Bluffs, Upper Back Bay, Newport Heights, and beaches with amazingly beautiful surf and sand.

Balboa Island – homes now for sale

Lido Island – homes now for sale

Newport Heights homes for sale

Newport Beach homes for sale

By Harrison K. Long.  Professional REALTOR® agent and broker representation – with help for property owners, investors, home sellers, trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.  Source of some information is CRMLS multiple listing service and is for homes listed and sold by all brokers and agents.  

CONTACT US here

Contact us at 949-854-7747 about Newport Beach CA homes and prices.

“Eastbluff Homes at Newport Beach Selling Market Update – December 28, 2015”

Posted in Bluffs homes at Newport Beach, Eastbuff Newport Beach, Newport Beach home buying, Newport Beach home values, Newport Beach homes, Newport Beach housing market, Newport Beach real estate | Tagged , , , , , , , , , , | Leave a comment

7 Top Reasons to Buy a Newport Beach CA Home Now

“7 Top Reasons to Buy a Newport Beach CA Home Now” – Orange County CA people who are renting or leasing homes are very often considering to buy.

7 Top Reasons to buy now

Here are “7 top reasons to buy a home now”.

 

house in hand

First:  High Rents.  Rents are high and will go higher each year.  Unlike rent, your fixed rate mortgage payments won’t go up over time.  Your property taxes and insurance payments will increase.  However, in California we have Proposition 13, which limits the rates at which property taxes can be increased.  If you are careful to find a good home insurance policy, that might help you with good rates.

Second:  Low interest rates.  Mortgage interest rates are at historic lows now.  But the Federal Reserve is expected to increase these rates before the end of the year.  As rates go up from 4.125 percent (where they are today) to 4.3 percent and beyond, monthly payments on new mortgages will go up and purchasing power will decline.  Buying now, while you can lock in today’s low rates, can save you lots of money over the lifetime of the loan.

Third:  Equity ownership.  Rent payments are money spent and gone, but mortgage payments are investments.  With each house payment you build equity in your home.  As the interest portion of the payment declines, the principal part of the payment increases and your equity ownership goes up with that.

Fourth:  Favorable return on investment.  During temporary housing market ups and downs, real estate has experienced long-term, stable growth in value.  The average appreciation rate for median-priced homes in the Golden State has been around four percent each year for the past 15 years.  So you can invest and pay 4 percent annually and puts a roof over your head at the same time.

Fifth:  Flexibility.  The home you buy is yours.  You can decorate it to suit your tastes and remodel it for your When you decide to upsize or downsize, you can sell your home and use the proceeds as a down payment on a new replacement home.

Sixth:  Wealth accumulation.  An article in the New York Times stated that home ownership is the best way for people who have not inherited wealth to build it and that building equity in a home can be a ready-made savings plan.  And when you sell your home in California, up to $250,000 (and up to $500k if married and filing jointly) in capital gains may be excluded from federal income tax liability.

Seventh:  Long-term stability.  Home ownership has a significant positive impact on net worth, educational attainment, civic participation, and quality of life.  Buying, owning, and staying put allows you and your family make things solid for your lives, establish lasting friendships, and help realize the American Dream of home ownership.

By Harrison K. Long.  Source of information is an article by Sherri Butterfield at the   Orange County CA Association of REALTORs®. 

“7 Top Reasons to Buy a Newport Beach CA Home Now”

Posted in Home buying, Home buying and schools, Home buying or renting, Home buying strategy, Home ownership, Newport Beach home buying, Newport Beach home values, Orange County home values | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Newport Beach Fall Season Begins with Home Selling Market Update

Balboa Island and the Canals

Newport Beach CA is a destination for home buyers and travelers who are romanced by opportunities at Newport Harbor, Balboa Island, the canal, Newport Center, Fashion Island, Lido Island, Balboa Peninsula, the Bluffs, Upper Back Bay, Newport Heights, and beaches with amazingly beautiful surf and sand.

Newport BeachNewport Beach is a most popular location for residential living and investment – Live at Newport Beach

Lido Island beach and boats -b-

Lido Island beach and boats

84 Newport Beach homes sold during August this year 2015 .

$2,010,508 – was average sold price of a Newport Beach home this year during August 2015.

111 days – average time on market for the Newport Beach homes that sold during August 2015.

Newport Beach home selling was in its sweet spot during summer months 2015, and average home selling numbers and prices were up this year 2015.

339 Newport Beach homes are now listed for sale – with average list price of $2,804,499.

Average time on market (that time it would theoretically take to sell all homes now on the market at current pace of sale) at Newport Beach is now about 6 months (which does not favor buyers or sellers).

See Balboa Island homes now for sale

Lido Island homes now for sale

Newport Heights homes for sale

Newport Beach homes for sale

Bluffs at Newport Beach homes for sale

By Harrison K. Long.  Professional REALTOR® agent and broker representation – with help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.  Source of some information is CRMLS multiple listing service and is for homes listed and sold by all brokers and agents.  

Contact us at 949-854-7747 about Newport Beach home selling and prices. 

Live at Newport Beach

Live at Newport Beach

Contact us at 949-854-7747 about Newport Beach homes and selling prices.

“Newport Beach Fall Season Starts with Home Selling Market Update”

Posted in Newport Beach CA, Newport Beach events, Newport Beach home values, Newport Beach homes, Newport Beach housing market, Newport Beach real estate, Newport Heights, Newport homes and properties, Newport Pier, Newport sand and surf | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Why Should Buyers Care that Freddie Mac Forecasts Mortgage Rates Will Go Up

Mortgage Loan Rates On the Move Up

Freddie Mac (Federal Home Loan Mortgage Corporation) forecasted in July 2015 that mortgage loan interest rates would slowly rise over the next year, topping out at 5%.

Monthly house payments go up when mortgage rates go up.

Freddie Mac's July 2015 interest rate outlook, 8-16-2015

Look at detail on the numbers.

Moving from 4.125% (where mortgage rates are today) to 4.3%, their end of 2015 prediction, may seem like an insignificant change in the monthly payment, but it might be just the beginning.

For a detached median priced home at Orange County CA, it’s only a $672 increase each year; and for the median priced condominium, it’s only a $396 increase.

When interest and mortgage rates to up, before you know it, everybody will be talking about 5% interest rates as the new normal.

At 5%, the detached median sales price of an Orange County home now has a monthly payment that is $284 more than today’s payment.  That is a difference of $3,408 each and every year.

Locking in a mortgage rate today is like getting a free vacation every year for 30 years.

At 5%, the median sales price condominium has a monthly payment that is $170 more than today’s payment. That’s an extra $2,040, still a pretty considerable chunk of change.

By Harrison K. Long, Real estate broker, professional real estate representative, and Realtor, Orange County CA – CALBRE 01410855.  Source of some information for this article is ReportsOnHousing.com.

“Why Should Buyers Care that Freddie Mac Forecasts Mortgage Rates Will Go Up”

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Newport Beach CA Home Selling Market Update

Live at Newport BeachWith luxury and expensive homes near Newport Harbor, Balboa Island, the canal, the Back Bay, and beaches – Newport Beach is a most popular location for residential living and investment.

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Balboa Peninsula homes

184 – Newport Beach homes sold so far during June and July this year 2015.

$1,939,000 – average sold price of Newport Beach homes during June and July this year 2015.

86 days – average time on market for Newport Beach homes sold during June and July 2015.

178 – Newport Beach homes sold during same time last year June and July 2014.  $1,743,00 was average sold price during that time last year.

Newport Beach home selling is in its sweet spot during summer months, and average home selling numbers and prices are up this year 2015.

3907 seashore, newport

Beach views from Seashore

315 – Newport Beach homes are now listed for sale – with average list price of $2,809,000.

Average time on market (that time it would theoretically take to sell all homes now on the market at current pace of sale) at Newport Beach is now down to about 4.5 months.

Surfers and home buyers at Newport Beach like the summer months.

See Balboa Island homes now for sale

Lido Island homes now for sale

Newport Heights homes for sale

Newport Beach homes for sale

Bluffs at Newport Beach homes for sale

By Harrison K. Long.  Professional REALTOR® agent and broker representation – with help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.  This is information from CRMLS multiple listing service and is for homes listed and sold by all brokers and agents.   Contact us at 949-854-7747 with your questions about home listing and selling prices at Newport Beach and Orange County CA cities.

“Newport Beach CA home selling market update”

Posted in Live at Newport Beach, Newport Beach CA, Newport Beach events, Newport Beach home values, Newport Beach homes, Newport Beach housing market, Newport Beach real estate, Newport Coast home values | Tagged , , , , , , , , , , , , , | Leave a comment

Orange County Home Buyer Demand Jumps

The Orange County CA housing market has shifted with sudden jump in buyer demand.

IMAG0223 (Large)_optDuring the past month from January 15 to February 15, 2015, buyer demand has increased by 64%.

After the first month of 2015, it looked like this year would be similar to 2014.  However, the market shifted with greater buyer demand during the past month.

Orange County Property NewsHome buyer demand increased by 566 pending sales in the past two weeks and now totals 2,619.   This two week surge was the largest increase since February 2012.  Last year at this time demand was at 2,381 pending sales, 9% fewer than today.  As a result of the rapid increase in demand, the expected market time dropped to 62 days from 78 just two weeks ago, pushing housing deeper into a seller’s market.

Something changed, and the big difference is cheaper money in the form of low interest rates.  Low interest rates are fueling housing demand and, as a direct result, the Orange County housing market has blasted off.

Today’s rates are a half a point cheaper than a year ago.  For a jumbo conforming loan, loans between $417,001 and 625,500, rates are at 4% versus 4.5% a year ago. For the median priced home in December 2014, $591,000, and a 20% down payment, a buyer is looking at a monthly mortgage of $2,257 at today’s rate, versus $2,396 at 4.5%.  That’s a savings of $139 per month, nearly $1,700 per year, or $50,000 over the 30-year term.

Buyers are making wise choices to pull the trigger now – to buy now because rates are cheap and are down to historical lows.

Current home loan interest rates are low, because they have been artificially pushed down by the Federal Reserve for years.  The Federal Fund rate has been kept at nearly zero since December 2008.  They have hinted at raising these rates.  When short term rate increases, long term rates, home mortgages, will soon follow.

Prior to the recession of 2007 to 2009, mortgage rates were about 6.5%.  For the December median sales price home, that’s an extra $731 per month every single month.  In 2000, rates were at 8%, or an extra $1,212 per month.  In 1990, rates were at 10%, and in 1981 they reached 18%.

Today’s rates are unbelievably low – and smart buyers will take advantage of this gift compliments of the U.S. government.

It’s likely that the FED will keep rates in the low to mid-five-percent range within the next couple of years.  That difference in monthly payments will put a dent in buyers’ pocketbooks and their monthly budgets.  Cashing in on low rates today means more disposable income.

Many Orange County CA buyers will continue to look to pay the Fair Market Value for a home this year.   From the official start of spring at the end of March, through the start of summer at the end of June, more homes will come on the market than any other season.  Home selling success will be determined by value and correct seller pricing.

 

By Harrison K. Long, professional real estate representative, Realtor, real estate broker, and professional real estate representative at Orange County CA.  Source of some information is ReportsOnHousing.com and CRMLS multiple listing service. 

Coldwell Banker residential brokerage

Professional real estate agent and broker representation – with help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA. Contact us at 949-854-7747 with your questions about home prices and values at Orange County CA cities and areas with Home Selling and Real Estate market updates.

“Orange County CA Housing Demand blasts off.”

Posted in Home selling, Home selling guide, Orange County CA, Orange County home selling, Orange County home values | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Newport Beach CA Home Selling Market Update

Newport Beach CA home selling market update – February 5, 2015.

With luxury and expensive homes near Newport Harbor, Balboa Island, the canal, the Back Bay, and beaches – Newport Beach is a most popular location for residential living and investment.

48 Newport Beach homes sold during January 2015 – with average sold price of $1,797,333 – and average time on market of 101 days for those sold homes.

42 Newport Beach homes sold during same time last year January 2014 – with average sold price of $1,621,010.

So Newport Beach average home selling numbers and prices are up so far this year 2015.

859 Newport Beach homes sold during 2014 calendar year – with average sold price of $1,801,412.

Newport Beach has 294 homes now listed for sale – with average list price of $2,566,053.

Average time on market (that time it would theoretically take to sell all homes now on the market at current pace of sale) at Newport Beach is now about 6 months.

This number of for sale listings Newport Beach is good for buyers who have excellent selection and nice opportunities.

Balboa Island homes now for sale

Lido Island homes now for sale

Newport Heights homes for sale

Newport Beach homes for sale

Bluffs at Newport Beach homes for sale

By Harrison K. Long.  Professional REALTOR® agent and broker representation – with help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA. This is information from CRMLS multiple listing service and is for homes listed and sold by all brokers and agents.   Contact us at 949-854-7747 with your questions about home listing and selling prices at Newport Beach and other Orange County CA cities.

“Newport Beach CA home selling market update”

Posted in Coast Living Homes, Eastbuff Newport Beach, Live at Newport Beach, Newport Beach CA, Newport Beach home values, Newport Beach homes, Newport Beach housing market, Newport Beach real estate | Tagged , , , , , , , , , , , , , , , , , | Leave a comment