Tesoro in Newport Coast
Introduction to the enclave: The gated community of Tesoro in Newport Coast was built by two homebuilders, Standard Pacific and Brookfield Homes. There are 54 Tesoro Crest homes built by Standard Pacific on five streets and there are 68 homes built by Brookfield on five streets. All are single-family homes.
Bordered By: Located mid-way up Ridge Park, there is direct access to the walking trails and it’s just below the Campobello development. The gated entrance is directly across from the Newport Coast community clubhouse and swim club. The neighborhood is bordered by the California State Wilderness Park, Newport Coast elementary school and Newport Coast recreation facilities. The city of Irvine is just to the north.
Views: Views include ocean, Catalina Island, and the coastline toward Huntington Beach, Long Beach, Palos Verdes and the city of Los Angeles. Sweeping city-lights views sparkle each evening and at 9:30 each evening we watch the fireworks displays at Disneyland and, on Friday nights, Angels stadium.
Homes: The development was built in 1998 through 2000 with Italian-style architecture. The Brookfield development features views, balconies, and 3- to 4-bedroom homes with four floor plans from the builder. The Standard Pacific homes also offer four floor plans, ranging from 3 to 5 bedrooms and just over 3,000 square feet.
History of the Area: This development is the only one of its kind that borders Newport Coast Elementary School, where children can walk to school without leaving their development.
How the Community Has Evolved: This community has matured into one of the nicest in Newport Coast with regard to landscape and maintenance. During the past 12 years, the development started with young professionals and now at least half the homes enjoy children playing together.
Community Features/Amenities/Special Events: Tesoro has its own gated swimming pool, and you can literally walk out of the entry gate and cross the street and walk into the Newport Coast community pool and clubhouse. Newport Coast Park and tennis courts and basketball courts are across the street. Newport Coast Shopping Center is in close proximity with great restaurants and a variety of services all within walking distance. The Newport Coast Community Center is also within walking distance, where softball and soccer fields are in constant use. Summer movies are shows as well as evening concerts for the residents. The clubhouse can be reserved for charity events, private parties, and social gatherings. The Olympic-style swimming pool is used for training of local swim teams or freestyle enjoyment.
Why You Love Living Here: I love living here, because the neighbors talk to one another and look out for each other. They share their children, their time and their sense of family with one another. They make sure the children are raised in a safe environment and there is a sense of family in the entire community.
Current Market Activity:
Most homes are three to five bedrooms, ranging in size from 2,000 to 3,300 square feet. Recent listing prices have ranged from $900,000 to $1,700,000. The odd-number addresses have views; the even-number addresses are considered non-view properties.
Information provided by Gary Hesselgesser, Coldwell Banker Previews International. His office is at 140 Newport Center Drive, Ste. 100, Newport Beach. Reach him directly at 949-721-5063, or on his cell at 949-283-0206. His email is Gary.Hesselgesser@camoves.com.
