Introduction to the Enclave: Newport Heights consists of single family homes, condos, apartments and duplexes. Newport Heights is a very desirable area for families because of the amazing school district, and to many others due to the proximity to the harbor and the ocean. It is a very diversified neighborhood. Another perk about the area is that it’s not located in the airplane path as other communities are in Newport Beach.
Bordered By: It is bordered by 15th Street to the east, Irvine Avenue to the south, Pacific Coast Highway to the west and Newport Boulevard to the north.
History of the Area: The first homes were built in 1914, but since then this area is known for its remodeling or rebuilding. This is home for the Mc Mansions! The style of homes can range from Cape Cod style, to Tuscan-inspired, to the latest in modern contemporary.
How the Community Has Evolved: It is not unusual for a homeowner to buy the home next door to expand their home or even their backyard. You rarely see sidewalks in Newport Heights, big trees frame the streets, and no air-conditioning is needed because of the ocean breezes.
Community Features and Special Amenities: Newport Heights has numerous parks that are used daily by the many little ones in the area. It’s just a bike ride away from the ocean and the many restaurants and nightlife nearby. The highlight of this neighborhood is Halloween, when hundreds of kids and their parents come to Santa Ana Avenue to see the haunted houses these homeowners have constructed year after year. You won’t believe the crowds this attracts. Plus, the king size candy bars are always a treat! Newport Theatre Arts Center is located here above the harbor, offering community theater in an intimate setting throughout the year. Students attend Newport Heights Elementary, Ensign Intermediate and Newport Harbor High School.
Current Market Activity: Today you can buy a single family home built in 1949 with three bedrooms and two baths for $840,000, all the way to a nearly 5,400 square-foot-home completely rebuilt in 2008 with five bedrooms, six baths and incredible ocean views, for $4,500,000!
The average price per square foot sold recently was $532 compared to the well over $700 per square foot at the peak of the market. Newport Heights had one of the highest turnovers in home sales in 2010, due to the low prices and low interest rates. Buyers wanting to get into this very desirable area have taken advantage of the market. Inventory is getting tight.
Information, provided by Mary Campbell, Relocation Specialist, Prudential California Realty. She works out of the Corona del Mar office. Reach her directly at 949.219.2453, or on her cell at 714.318.1880. Email her at mary@YourNewportHome.com and visit her Web site at www.YourNewportHome.com.