Blog | Arbor Real Estate | Page #9

We love sharing local insights, suggestions and stories that represent everything Newport Beach. Whether its valuable real estate market information or simply where to find the coldest beer, we'll try and cover it.

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Arbor Real Estate's Ron Millar is pleased to represent 4601 Perham Road in Corona del Mar for sale. This property is a breathtaking European-inspired, yet modern, farmhouse designed, built and furnished by Spinnaker Development (www.spinndev.com). According to its architect Chris Brandon (www.brandonarchitects.com), this spec home is “a romantic interpretation of classical design with modern flair.” One of the many elements that make this spectacular $13,995,000 home for sale

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This ultra-private Monarch Bay Terrace estate spans nearly an acre with panoramic ocean and whitewater views. Designed for the ultimate in barefoot luxe coastal living, the Santa Barbara-inspired property encompasses a 3,876sf main house with 4 bedrooms, 3.5 baths and a 492sf (1 bed, 1 bath) casita at the end of a quiet cul-de-sac perched above Monarch Bay in Dana Point. Romantic Spanish architecture and Old World artisan craftsmanship meet modern luxury amenities here, with

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Can you feel it? Summer in Newport Beach is creeping up and we wanted to pass along a little snapshot of the local market and current real estate trends.

Back in December we bragged about housing inventory aplenty. Tons of listings, limited buyers. Well, we’re now experiencing the exact opposite. Inventory lacking while anxious buyers await the next great find. That makes it exciting but definitely more competitive.

We’re seeing homes sell at record price levels ($/sqft) in Peninsula

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Remember that Newport Beach housing inventory that hit the market in the first week of January 2015?

Well, a lot of it is already gone. At least, the good ones!

Much of that can be credited to sellers pricing their homes accordingly but let’s not forget that this is a buyer’s market. Buying smart with an educated local professional plays a huge part too!

So far this year, we have seen homes in Newport Shores, West Newport, Corona Del Mar, Peninsula Point and Lido Island go on the

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As we head out of the “holiday” real estate doldrums, things are looking very promising for home sales in 2015.

So far, there have been more homes listed in Newport Beach thru Jan. 7 than there were the past 4 weeks.

Hello inventory!

These include two brand new listings of our own…a prime Oceanfront property in West Newport and a brand new home in the heart of Peninsula Point.

If you’re in the market for a new place to lay your head, give us a call.

As always, the good ones go fast and

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All proceeds from ticket sales, raffles and auction items will go directly to providing Water Filling Stations, Reusable Water Bottles and Recycling Programs in our local Newport Beach schools. 

When: December 17th, 6:00-9:00pm

Where: The Arbor Factory

How much: $25/pp covers food and drinks (ticket link below!)

*Kids 12 and under are free!

There will be music, raffles and a live auction.

Food compliments of Daphne’s California Greek and Fresh Brothers Pizza.

Buy

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It’s not all fun, games and food on our blog so we have decided to provide a monthly snapshot of the real estate market in our local community.

Here goes…

The median home value in Newport Beach is $1,305,700. The median list price per square foot in Newport Beach is $823, which is higher than the Los Angeles Metro average of $345. The median price of homes currently listed in Newport Beach is $1,795,000 while the median price of homes that sold is $1,618,750. The median rent price in

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It’s an annual dilemma and in a child’s mind, quite possibly, the single greatest question on Halloween night.

What are they passing out? Newport Beach neighborhoods are surveyed. Posses formed. Routes planned. And when they finally arrive at your doorstep, do you want to be “the” house or “that” house? As a public service, we submit the following recommendations…

How to ensure “the” house street-cred remains intact:

1. Keep it simple- Brand name candy and you’ll pass the test.
2. Go

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Since the introduction of Pumpkin Spiced Lattes, brands everywhere have been clamoring to replicate the success and flavor of this seasonal concoction.

The next BIG thing has gotta be Pumpkin Spice Homes, right?

Think about it…it’s already made its way into our cupboards and partially to our homes via candles and room fresheners. You know it’s not far off so I have a few suggestions:

1. Paint- Just imagine every wall covered in Pumpkin Spice yumminess. It’s like you were dropped into a

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I’m not sure if this is an admission or a confession but… I binge-watched a “reality” real estate show last night. 3 episodes worth and I’m not gonna lie…I feel dirty. Not dirty dirty but train wreck dirty. I couldn’t take my eyes off it! It was like watching everything that isn’t remotely accurate about this profession we call “Real Estate” flash in front of my eyes…and I feel cheated.

Let’s see…”realtor guy” shows 3 totally different homes to a completely affable couple who can’t…
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