The larger of these communities, Newport Beach seems to have it all. Founded in 1906, it is an upscale community with over 86,000 residents. The area offers extraordinary shopping and dining as well as a thriving business community and award winning schools. Newport Beach is known for its villages; Corona del Mar, Balboa Island, Lido Marina Village, Newport Center, Newport Coast and The Islands of Newport Harbor. The city’s median family income and property values consistently rank high nationally, making Newport Beach one of the wealthiest communities in California.
Newport Beach’s harbor is crowded with pleasure crafts, fishing and tour boats and its streets are busy with shoppers browsing. Tourists enjoying strolling around Balboa Island and the surfers love tackling The Wedge or other hot spots along the city’s 6.2 miles of beaches. Homes in Newport Beach are generally pricier than its neighboring beachside communities.
Many say that Newport Beach is the heart beat of Orange County. There is no denying that Newport Beach has an active pulse of activity which attracts both young and old. People flock here to enjoy the extraordinary weather, a natural harbor which doubles as the largest pleasure craft harbor in the United States, high end retailers, and world class dining and of course prime Newport Beach real estate!
Considered the “Beverly Hills” of Orange County, Newport Beach which hugs the California coast 40 miles south of Los Angeles is impressively affluent. It has being ranked as America’s wealthiest city! With a population above 75,000, it leads the other 420 US communities with similar population in per capita income. There is no question that because of its affluent base, Newport Beach real estate has weathered a variety of market changes well and remains a sort-after place to live and do business in. The median value of Newport Beach homes tend to exceed $1 million.
To learn more about this highly desirable city, contact us today. As residents and expert in the Orange County real estate market, we can help you find your perfect location.