Newport
Beach Real Estate
Newport Beach was discovered in 1870 by
Captain S.S. Dunnells, who gave the city its name. In 1879, James
and Robert McFadden created McFadden's Landing inside the harbor,
near the Pacific Coast Highway bridge, and in 1888, McFadden Wharf
was built on the oceanfront, where Newport Pier is today. West
Newport, East Newport, Bay Island, Balboa, Corona del Mar, Balboa
Island and Port Orange (at old Newport Landing) were soon
subdivided, and in 1905 the Balboa Pavilion was built. But
Newport Beach didn't truly become a tourist attraction until the
arrival of the Pacific Electric Railway in 1906, the same year it
became a city - in large part because the county was "dry" and
businessmen wanted to sell liquor, and have a saloon to drink in.
Thirty-six years later it was incorporated, and quickly became known
as a "Second Hollywood," with attractions that drew legends such as
the late Humphrey Bogart and John Wayne.
Among the favorite locales are the harbor; the 752-acre bay, which
is the largestwater estuary in Southern California;
world-class yacht clubs; shopping at Fashion Island and Mariners
Mile, lined with world-famous seafood restaurants. The city sits on
36.05 square miles and is home to 70,032 residents.
Newport Beach home
buyers, like the majority in Orange County, are experiencing a lack
of available inventory. The forecast for the rest of 2004 is....
"More Of The Same!" As inventory drops, prices across all ranges
continue to increase. The median home price in Newport Beach
is over $700,000. Condos & townhomes continue to be in high demand
right now, being the best way for first time or buyers new to the
area to get their foot in the door in Newport Beach real
estate. Want to find the best value available in the local market?
Our network of professional real estate agents in Orange County are
there to assist you.
Newport Beach is a
coastal community in Orange County that includes the Villages of
Newport Coast, Corona Del Mar, Balboa, Eastbluff, West Newport,
Newport Heights, Balboa Peninsula and Newport Bay. Convenient to
work and home makes this an excellent area to live. Shopping,
dining, entertainment, boating, sports and excellent public and
private schools all make for a perfect lifestyle. Home prices are
from the low $400,000 to over $7,000,000.
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Email:
Gigi
and David Lewin
