Newport Beach Real Estate & Luxury Homes Blog

Newport Beach Top Ten Deals for this Week 11.21.2009

Sat, 21 Nov 2009 18:23:23 -0600

Newport Beach Top Ten Deals of the Week 11.21.2009

The Newport Top Committee met yesterday and reviewed price changes and new listings that are well priced for a specific area. We all concurred that many properties have had price adjustments in the past two weeks.

The top ten best deals are standard sales or REO properties. We look at new listings, price adjustments, price per square foot and create a list of approximately ten properties to “make the list”.

The following is the list of Newport’s Top Ten best deals:

441 Dahlia Avenue
Corona del Mar, California

Priced at $1,250,000

This home has a gourmet kitchen which will be appreciated by someone who enjoys spending time in the kitchen. One of the best priced condo’s in the Village on the south side of Coast Highway with an Ocean View. The price per square foot is $625.00.

2615 Way Lane
Corona del Mar, California

Priced at $2,440,000

Located in sought after China Cove, in Corona del Mar, this home has been completely remodeled with Ocean View. This home features three bedrooms and three bathrooms. China Cove is a very desirable area of Corona del Mar and has approximately 37 homes.

526 Riverside Avenue
Newport Beach, California

Priced at $2,225,000

This is located in desirable Newport Heights has had several price adjustments. This home features five bedrooms and five bathrooms over 6000 square feet of living space.

522 Aliso Avenue
Newport Beach, California

Priced at $2,285,000

This home features approximately six thousand square feet, with five bedrooms, five bathrooms It is located highly sought after Newport Heights. Per the MLS, this home has an assumable loan.

1908 Tustin Avenue
Newport Beach, California

Priced at $575,000

1908 Tustin is a very competitive price in Newport Heights. The lot size for this property is 9450 square feet, and is an opportunity to build a new home. The current house is uninhabitable and not eligible for conventional financing. This is a great property for investors and builders.

125 24th Street
Newport Beach, California

Priced at $995,000

With a recent price reduction of $500,000. this ocean view home is located on the Balboa Peninsula. This an opportunity to own a single family residence at a condo price on the Peninsula.

504 K Street
Newport Beach, California

Priced at $1,995,000

This home located at Peninsula Point on the Balboa Peninsula is a detached home which features four bedrooms, and three bathrooms with 2900 square feet of living space. The lot is approximately 3000 square feet. This home has been upgraded and has had a recent price reduction down to $1,995,000.

2106 Yacht Mischief
Newport Beach, California

Priced at $1,269,000

This home is the lowest priced home in Seaview in Newport Beach. This home has three bedrooms and three bathrooms. Seaview is a very nice gated community in Newport Beach.

5 Serenity
Newport Coast, California

Priced at $1,329,000

This home in Belcara in Newport Coast has three bedrooms, and four bathrooms. There is a patio to enjoy outdoor living. Also, enjoy the three hole putting green to enjoy the California Climate.

For more up to date information or other great deals in and around Newport Beach, please contact me.

Phone or Text: 949.280.0681

Email Spaxson@roadrunner.com

Originally posted at NewportBeachRealEstateCafe & NewportTop10

Disclaimer: Information contained herein are the views and opinions of Sharon Paxson. This information may be based on information from multiple sources, and may be subject to change without notice. This information is not guaranteed, have warranties either express or implied, may be time sensitive, and may or may not be deemed reliable at the time of researching this article. Information regarding property for sale and market reports is obtained from the SoCalMLS.

China Cove in Corona del Mar, California

Fri, 20 Nov 2009 23:23:10 -0600

China Cove in Corona del Mar

China Cove is a highly sought after community in Corona del Mar which is located below Ocean Boulevard. There is no public parking in this exclusive area of China Cove.

China Cove is located at the entrance to Newport Harbor, and features approximately 37 homes that are located with picturesque views of Newport Harbor and Catalina Island. Enjoy the colorful sunsets over Catalina Island. China Cove residents enjoy yachting activity in Newport Harbor, as well as the beach. China Cove is an exclusive area, that is below Ocean Boulevard, near The Village in Corona del Mar.

Yesterday on Broker Preview I previewed beautiful homes. These homes are built either on the water, or to maximize their views.

Below is a view looking across the Harbor the the Newport Beach Peninsula Point and the homes located right on the water there.

Currently, there are four active listings in China Cove.

2615 Way Lane- Corona del Mar, CA – Priced at $2,440,000

2623 Cove Street - Corona del Mar, CA – Priced at $4,995,000

2717 Shell Street- Corona del Mar, CA – Priced at $6,700,000

This home is located right at the water's edge, and is absolutely beautiful.

2727 Shell Street - Corona del Mar, CA – Priced at $10,500,000

There currently is one pending:

2733 Shell Street – Corona del Mar, CA – Priced at $1,995,000

The most recent sale in China Cove in Corona del Mar was at:

2615 Way Lane, Corona del Mar, CA – Sold for $2,200,000 in February 2008.

If I can answer any questions about Corona del Mar Real Estate, China Cove, Homes for Sale in Corona del Mar, or Newport Beach Real Estate, please contact me.

Phone or Text: 949.280.0681
Email: Spaxson@roadrunner.com

Originally posted at Newport Beach Real Estate Cafe

Annual Christmas Tree Lighting at Fashion Island in Newport Beach 2009

Fri, 20 Nov 2009 11:58:40 -0600

Annual Christmas Tree Lighting at Fashion Island in Newport Beach

The Newport Beach 2009 Annual Christmas Tree Lighting is going to be this weekend on November 20 – 21, 2009 at Fashion Island. This very popular holiday tradition to view the Fashion Island Tree Lighting is a wonderful opportunity to start off the holiday season. Here is a picture of last year’s Christmas Tree at Fashion Island as it was being set up. For a picture of last year's tree being set up, view the link at NewportBeachRealEstateCafe.com. The tree this year is not as tall due to the new location on the Atrium Lawn at Fashion Island in Newport Beach by Santa's House.

The event will begin at 6pm tonight, or feel free to come and view the lighting ceremony tomorrow.

If I can answer any questions, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Originally posted at NewportBeachRealEstateCafe.com

But I Am a Real Bird

Tue, 17 Nov 2009 12:34:36 -0600

But I Am a Real Bird

Newport Shores is located in Newport Beach and is home to many creatures including racoons, skunks (bummer for my dog Patrick), possums, herons, seagulls, ducks, wood ducks to name a few. Pelicans visit the Newport Shores area in the winter and it is always a treat to see them. It is always a pleasant surprise when the swan comes to visit. She comes about once a year, and she is pretty tame, and will swim to you and enjoys eating bread. There was previously two swans, now there is only one but I always enjoy seeing her again.

Yesterday morning, this beautiful swan was outside our deck, and my daughter was standing there with her bird which is a brown headed parrot sitting on her shoulder - affectionally named B Bird (ok – I know we are not that creative – but it works for him). B Bird is a is a hand fed baby, and is very tame, and is just about a year old ( and is lacking in any outside survival skills), and does have his wings clipped.

Suddenly, B Bird wanted to be a real bird and take flight – right off my daughter’s shoulder and half way across the canal in Newport Shores. Well, B Bird didn’t sink (thank goodness), but he doesn’t have webbed feet to help him swim. So my Daughter Heather (the lifeguard) used to her life-guarding skills to rescue him yesterday. Off the edge of the deck into 60 degree water, she swam to get B Bird in her clothes (she ripped her favorite tee shirt at the same time).

B Bird was soaking wet, and shivering, and had never been that wet before. We dried him and made sure he was warm. B Bird had a precautionary visit to the vet to make sure he was going to be alright from his swim. $140 later, B Bird is on precautionary antibiotics, but is just fine. No harm, no foul (no pun intended!). B Bird just wanted to be a real bird like the other birds in the Canal!

Oh, and when Heather jumped in the Canal, the swan booked it out of there. However, I am glad to see her around again today.

So – another day in Newport Shores.

Originally posted at NewportBeachRealEstateCafe.com

REBarCamp Invades San Diego...........Event was INCREDIBLE and a HUGE SUCCESS!

Fri, 13 Nov 2009 18:08:35 -0600

ReBarCamp San Diego was an incredible event with lots of information being exchanged as well as a great opportunity to network and meet people face to face!

Via San Diego Real Estate Voice authored by William Johnson (RE/MAX Associates):

REBarCamp San Diego was a Huge Success!

Well over 400 particpants converged at the downtown San Diego location of the world famous Stingaree NightClub, hosted by Jim Marks, NAR, Zillow and countless others, the REBarCampSD kicked off yesterday morning at 8:30Am and ended with a party llike reception outside on the rooftop under the stars of the Stingareee Nightclub. This Venue I am told may be one of the most outstanding ever to host the BARCamp events.
What an extraordinary experience!

"Attendees don't just watch a set list of speakers. They give their own talks. Podcasting. Web standards. Microformats. Gum stick computers. Physical security. Robotics. Evolutionary algorithms. It can be anything. One of the best barcamp presentations ever given was about sandwiches. Barcamp is what you make of it." a quote taken from the REBar Camp site.

Topics today included the "Importance of and increasing SEO for your website" presented by Drew Meyers ( Zillow ) through topics on "Blogging" , by Jay Thompson and Kris Berg ( PhoenixRealEstateGuy.com and SanDiegoCastles.com) "Marketing properties with Photos "," Syndication of the WordPress platform, Social Networks and guidelines for maximizing your experience," Introducing Posterous.com", presented by Eric Stegemann. All the social network gurus were there to help each us learn the many ways to interact and build and establish relationships. Social Networks are about Relationship Building. There were experienced "REO Specialists" conducting discussions on the "future and explosion of REO's", "ShortSale Specialist Experiences", and "How to convert Online Consumer Leads" by Bob Wilson. There are too many topics to name all of them but certainly all of the many remarkable topics had presenters giving of their time to help each of us participating to always have the best online experience.

There were 3 levels of areas at the venue ( 12 specific and named areas ) used throughout the venue creating 12 simultaneous classrooms, that changed topics every 30 minutes. The sessions involved a presenter that guided the full participation of each and every attendee. As they say, " This is not a spectator sport". To maximize your shared knowledge and experiences, everyone was encouraged not to just attend but to actively participate.

Some of us knew each other well on line and today many of us from ActiveRain, Facebook,Twitter, Linked In, met in person for the first time. I guess you can just imagine how incredible that was.

What an amazing event and I was overwhelmed with the outpouring for friendship and sharing at this most amazing experience. If you think life changing might be too strong a word for this experience , then you weren't there but you were missed!

In Honor of all Veterans on Veteran's Day 2009

Wed, 11 Nov 2009 11:19:48 -0600

In Honor of all Veterans on Veteran's Day 2009

I would like to take this opportunity to honor all the Veterans, both past and present who have served on behalf of our country. The Veterans have made many sacrifices and endured many hardships on behalf of our country, and these sacrifices have ensured our freedom. I want to express my gratitude to them.

My thoughts and prayers are with those at Fort Hood, Texas who recently lost their lives as a result of this senseless shooting. And my heart is with their friends and families who may have a lost a loved one or sustained an injury during that shooting.

I am very grateful for all who have served on behalf of our country, and today is a day to remember our Veterans and honor them.

Newport Beach has a tribute, which is a large flag at Veterans Memorial Park which is located on the Balboa Peninsula.

Newport Beach Peninsula Point - Just Sold

Wed, 11 Nov 2009 11:07:04 -0600

Newport Beach Peninsula Point Home – Just Sold

1730 Ocean Boulevard

Newport Beach, CA

Sold for $1,100,000

This single family residence with three bedrooms, two bathroom located on Peninsula Point in Newport Beach has just closed escrow yesterday 11.10.2009 for $1,100,000. I represented the buyers in this transaction.

This home is located in a highly sought after community located at the end of the Balboa Peninsula in Newport Beach. Originally built in 1937 this home has excellent curb appeal, and had an addition in the early 2000’s.

This property was the lowest priced home in Peninsula Point. Currently, there are 21 homes on the market ranging in price from $1,499,000 to $19,500,000. There have been five recent sold properties ranging in price from $1,600,000 to $9,750,000 in the past two months.

If you are looking for a great deal or if I can answer any questions about Newport Beach Real Estate, please contact me.

Phone or Text: 949-280-0681

Email: Spaxson@roadrunner.com

Originally posted at NewportBeachRealEstateCafe.com

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Cameo Shores in Corona del Mar

Mon, 09 Nov 2009 16:38:28 -0600

Cameo Shores in Corona del Mar, CA

Cameo Shores is located in Corona del Mar which is just south of Newport Beach. Corona del Mar is actually part of the city of Newport Beach, however it retains it's name. Cameo Shores is located on the ocean side of Coast Highway. Cameo Shores has approximately 170 homes which are single story. The homes in Cameo Shores are all terraced to maximize the view which overlooks the Pacific Ocean. The views in this area are spectacular with Catalina Island views as well. There is only one street located closest to Coast Highway, which do not have the ocean views. There are height restrictions on how high they can be built so that the home owner’s can maintain their views.

Cameo Shores in Corona del Mar has a park called Roxbury Park for children and get togethers. There are three private beaches for the residents of Cameo Shores and Cameo Highlands (which is located across the street from Cameo Shores). The beach has beautiful rock formations that creates a very picturesque view.

Currently, there are 5 active listings in Cameo Shores in Corona del Mar.

4606 Roxbury Road, Corona del Mar – Priced at $2,987,000

4533 Roxbury Road, Corona del Mar – Priced at $3,495,000

4507 Orrington Road, Corona del Mar – Priced at $3,499,000

4545 Gorham Drive, Corona del Mar – Priced at $4,295,000

4639 Brighton Road, Corona del Mar - Priced at $11,500,000

There has been one sale since August, 2009:

4607 Perham sold for $3,100,000

If I can answer any questions about Cameo Shores Real Estate or homes for sale in Corona del Mar, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Originally posted at NewportBeachRealEstateCafe.com

Annual Christmas Tree Lighting at Fashion Island in Newport Beach

Wed, 04 Nov 2009 19:44:42 -0600

Annual Christmas Tree Lighting at Fashion Island
in
Newport Beach

The Annual Christmas Tree Lighting will be held at Fashion Island in Newport Beach coming up on November 20 and 21, 2009 at 6:00 pm in the Bloomingdale's Courtyard. Also, celebrate Santa Claus arrival in preparation for the holiday season. Santa Claus should be arriving at 6:00 after the tree lighting. With over 17,000 holiday lights and ornaments, the tree lighting is an event not to be missed.

Fashion Island has been undergoing renovations in the Bloomingdale's courtyard, and this is where the tree lighting will take place.

Below is a photo of the tree as they are setting it up from last year.

The Christmas Tree at Fashion Island is decorated every year, and visitors from all over come to Fashion Island to see it, and photograph the Christmas Tree. And although I realize that Thanksgiving has not yet arrived, it is time to start thinking about the impending Holiday Season.

Hope you can come for the annual Tree Lighting Ceremony. Look forward to seeing you there!

If I can answer any questions about Newport Beach Real Estate, please contact me at 949.280.0681.

Originally Posted at NewportBeachRealEstateCafe.com

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5 Tips on Choosing The Right Days to Market Your Real Estate Services Online

Tue, 03 Nov 2009 11:53:25 -0600

This is excellent information on social media and timing.

Via Rebecca Levinson, Real Estate Marketing Consultant (Real Skillz-Clear Marketing for Your Real Estate Vision):

How to Choose the Right Days to Market your Real Estate Services Online

Effective real estate marketing online has a lot to do with timing. There has been a lot of research conducted, mainly for industries outside of real estate (i.e.retail, hospitality, automotive) on the best days and times to market services and products online. Implementing the right timing to deploy marketing campaigns into your online marketing strategy is an effective way to ramp up your results.

Here are 5 tips on choosing the right days to market your real estate services online

1. Tweet Midweek-

You can tweet everyday of the week but for maximum effect make sure to tweet on Wednesdays and Thursdays as they are the most active days of tweets and retweets as found by HubSpot's State of the Twittersphere Q42008.

State-of-the-Twittersphere -

2. Publish Your Most Important Blog Posts Midweek

Frequency of great original content is still important in building your readership and traffic to your blog. I recommend to my clients that they blog a minimum of 3-5 times per week to be considered as a true content provider in the eyes of their readers.

That being said when is the best time for a blogger to publish their meatiest, most important blog posts? Darren Rowse of Problogger addresses the timing factor in When to Publish Blog Posts-Timing Considerations,

"If I have a very important post that I want to get as much attention as possible I generally will publish it on a Tuesday or Wednesday morning (my time)."

Rowse's post also gives some advice as to publishing posts on weekends and holidays that is worth the read as well as the comments on the post (82 so far).

Roger Parker of blogforprofit.com recommends that if you were to only blog twice per week to publish those blog posts on Tuesdays and Thursdays.

Clearly publishing your most important blog posts midweek is a winning strategy.

3. The Weakest Link for Email Marketing is Saturday

You may have several email campaigns in your real estate marketing campaign: email flyers, email follow-up, email newsletters. Email marketing is a heavy hitter for real estate professionals but when is the most effective time for you to deliver your messages to your prospects and customers?

According to EMarketer.com the best days of the week to send email marketing are Mondays and Tuesdays and the least effective time by nearly 50% is Saturdays.

The best advice I found and agree with is to survey your email subscribers and ask them when they would like to receive emails from you.

We are approaching the holiday season so it is important to consider the times that people are online and actively shopping. Study these deployment times statistics provided on the emailstatcenter.com website before launching any niche holiday real estate marketing campaigns.

4. Engage your Fans on Facebook on Tuesdays

In findings from Virtue SRM (Social Relationship Manager) the best days to post on your Facebook Business Page is Tuesdays, followed closely Wednesdays with Mondays coming in #3.

**Allow me one deviation~ What I find more or equally fascinating is the 6.49% CLR (Click Thru Rate) of marketing campaigns such as polls and incentives that are run on Facebook business pages. Fans are clearly interacting with their friends on Facebook in a big way and their interactions are also being seen by their friends.**

5. LinkedIn Users Are Active In the Morning

According to a small study by SenderOK Statistics report which was based on a sample of 440 anonymous users the most activity on LinkedIn occurs in the morning.

"LinkedIn use is predominantly an 8AM-Noon activity with very, very little activity in the evening. Of particular interest is that LinkedIn users tend to arrive at work earlier than Facebook users do....Those serious early morning LinkedIn users will spend an average of 29 minutes reading real Email before they get around to checking your connection request which they could have read first if they wanted to."

While this is a small sampling of members on LinkedIn and their behavior I can attest that this mimics my LinkedIn use. The first online activity I do in the morning is to check my email(which of course includes my blog activity) and the first social network site I check is LinkedIn and this occurs normally between the hours of 7:30-8:30 a.m.

Take into consideration the times and days that people are online and engaging in these online activities when you create and implement your online real estate marketing strategy.

Once you taken action use an analytics tool to measure the effectiveness of your marketing campaigns. Tweak the times you deliver your marketing messages based on your analytics and direct feedback from your recipients.

Get your game on and use the 5 tips on choosing the right days to market your real estate services online.

Subscribe to Blogging In the Rain, A Real Estate Marketing Blog

Join Me on Facebook. Tuesday I'll be posting a discussion about marketing to women.

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Rebecca D. Levinson is a real estate marketing consultant with 17 years of experience serving real estate industry professionals.

If you need assistance with online marketing, offline marketing, social networking, or blogging contact Rebecca D. Levinson at #262-203-5231 or email rebecca@bloggingintherain.com.

Lido Isle in Newport Beach, CA

Mon, 02 Nov 2009 18:58:50 -0600

Lido Isle in Newport Beach, CA

Lido Isle in Newport Beach was originally incorporated into the city of Newport Beach in 1906. Lido was one of the first communities to be built with underground utilities. Currently, many of the other communities in Newport Beach are in the process of putting the utilities underground. Newport Shores in Newport Beach has been completed, Along Seashore, and part of the Balboa Peninsula, and Peninsula Point has begun the process as well.

In 1928, a plan for Lido Isle was developed by Lido Isle was incorporated into Newport Beach in 1906.
The area was built with streets named after Lido of Venice, which is a beautiful resort on the coast of Italy. Some of the names of the streets included in the development utilized the names of Mediterranean cities, including Genoa, Nice and Ithaca to name the streets on Lido Isle. The names of the streets on Lido all have Via in front of them – for example Via Nice. Via means Latin road.

Lido Isle has approximately 873 homes on the island. One of the amenities of Lido Isle is the Lido Island Yacht Club which is a yacht club available for the residents of Lido. Also, there are private tennis courts and private beaches located on the bay for the residents to enjoy. This area of Newport Beach encourages out door activities including a aquatics and a junior sailing program. During the summer months, many of the children utilize the Lido Isle Yacht Club for swimming and enjoying the Newport Beach climate. Below is a photograph of the Lido Isle Yacht Club.

Many of the homes on Via Lido Soud and Via Lido Nord have boat slips. And Newport Harbor is one of the larger harbors in the country. It is ideal for both power yachts and sailors.

Lido Isle is truly a unique area and offers an incredible lifestyle and it is highly sought after.

Currently there are 35 active listings on Lido Isle in Newport Beach. The following are links to a few properties, and if you would like more details, please contact me for the information.

The lowest price property on Lido Isle is from $949,500 for a condo at 111 Via Lido Nord.

Another home located at 122 Via Palermo is priced at $,1965,000.

232 Via Genoa – priced at $3,275,000

The highest priced home on Lido Isle is located at 939 Via Lido Soud and is priced at $11,500,000.

Currently there are four listings on Lido Isle that are in back up and pending status.

Per the MLS, there are five sales since August, 1, 2009. They are as follows:

105 Via Waziers – sold for $1,295,000

114 Via Cordova – sold for $1,686,506

120 Via Genoa – sold for $2,050,000

120 Via Waziers – sold for $2,495,000

823 Via Lido Soud – sold for $6,000,000

If you happen to reside in a property on Via Lido Soud - you will enjoy the sunsets. Or if you reside on Via Lido Nord - enjoy the morning sun and those homes face the Balboa Bay Club. The views from both of these streets are amazing for the Newport Beach Boat Parade. That is coming up on December 16, 2009.

If I can answer any questions regarding Lido Isle Real Estate, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Originally posted at NewportBeachRealEstateCafe.com

Disclaimer: Information contained herein are the views and opinions of Sharon Paxson. This information may be based on information from multiple sources, and may be subject to change without notice. This information is not guaranteed, have warranties either express or implied, may be time sensitive, and may or may not be deemed reliable at the time of researching this article. Information regarding property for sale and market reports is obtained from the SoCalMLS.

Emerald Bay in Laguna Beach, CA

Fri, 30 Oct 2009 14:23:50 -0500

Emerald Bay in Laguna Beach, Ca

Emerald Bay is located in Laguna Beach and is a private gated community. Emerald Bay is an exclusive community with spectacular ocean views and beautiful color water. It is located on both sides of Coast Highway, there are beach front homes as well as homes which sit up on the hill with panoramic views of the Pacific Ocean. There is a tunnel which goes under Coast Highway to access Main Beach. There are private tennis courts, sand volleyball courts, parks and a private swimming pool for the residents use. Below is a photo of one of the tennis courts with an Ocean View.

Emerald Bay was originally founded in 1929 and it was named for the color of the water. Many of the residents of Emerald Bay use golf carts to travel in and around Emerald Bay. Emerald Bay also has it’s own Fire Station as seen here.

This guard gated area of Laguna Beach has 521 home sites, and fourteen of those homes are beach front. Emerald Bay has is a highly sought after area.

Currently there are 22 active listings on the market. The lowest priced home in $2,950,000 and the highest priced home is $21,000,000. Value is based upon the location, view, size and condition of the property. For specifics on the active listings in Emerald Bay, please visit NewportBeachRealEstateCafe.com.

Currently, there are four in back up and pending ranging in price from $2,500,000 to $10,500,000.

The most recent solds since August 1, 2009 are as follows:

707 Emerald Bay, Laguna Beach – Sold for $2,000,000

197 Emerald Bay, Laguna Beach – Sold for $4,500,000

526 Emerald Bay, Laguna Beach – Sold for $5,995,000

If I can answer any questions about real estate in Laguna Beach, Corona del Mar or Newport Beach, please contact me.

Originally posted at NewportBeachRealEstateCafe.com

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Wordless Wednesday - Changing Colors

Wed, 28 Oct 2009 17:03:50 -0500

All photographs are taken and posted by Sharon Paxson, copyright© 2009. All rights reserved. Photographs may not be copied, or reproduced without the express, written permission of Sharon Paxson, Realtor, Prudential California Realty, Newport Beach. Contact Sharon Paxson for permission for use of photograph, and permission may be granted in writing.

Newport Shores Market Update

Thu, 22 Oct 2009 14:43:29 -0500

Newport Shores Market Update

Newport Beach

Market Report for August 1 to October 22, 2009

Newport Shores is a community located at the west side of Newport Beach. It is a beach community. Approximately 440 homes are located in Newport Shores. There is a home owners association, and there is a clubhouse for year round events, heated pool, tennis court, basket ball court and a sand volley ball court.

Currently, there are 10 properties located in Newport Shores in Newport Beach that are for sale. The active listings are as follows:

334 Walnut, Newport Beach – Priced at $749,000

This home features three bedrooms and two bathrooms.

337 Colton, Newport Beach – Priced at $799,000

This two story home has three bedrooms, and two bathrooms. All the bedrooms are located upstairs.

218 Colton Street, Newport Beach – priced at $929,999

This single family home is two story, and has been upgraded with granite countertops in the kitchen. This property is a short sale.

304 Colton Street, Newport Beach – priced at $950,000

This single family two story home has four bedrooms, and two and one half bathrooms. This home has a very desirable floor plan with all the four bedrooms upstairs. This is a standard sale.

210 Fern Street, Newport Beach – Priced at $999,000

This property is a duplex.

318 62nd Street, Newport Beach – Priced at $1,320,000

This single family home is located on 62nd Street on the Canal. There are granite counter tops in the kitchen. Enjoy the location at this home in Newport Shores.

331 Canal Street, Newport Beach – Priced at $1,450,000

This four bedroom single family home is located on the Canal in Newport Shores. With a west facing view, this home has been upgraded with granite counter tops and stainless appliances in the kitchen.

343 62nd Street, Newport Beach – Priced at $1,549,000

This home has three bedrooms and a den. This home has been upgraded through out.

255 Walnut Street, Newport Beach - Priced at $1,629,000

315 Canal Street, Newport Beach – Priced at $1,675,000

This single family home has three bedrooms, three and a half bathrooms, located on the Canal with west facing views.

The following homes are in Back up status:

320 Prospect Street, Newport Beach – Priced at $699,000

340 Prospect Street, Newport Beach – Priced at $699,999

227 Walnut Street, Newport Beach – Priced at $825,000

452 Prospect Street, Newport Beach – Priced at $825,000

247 Prospect Street, Newport Beach – Priced at $829,000

The following properties have sold since August 1, 2009:

214 62nd Street, Newport Beach – sold at $650,000

254 Cedar Street, Newport Beach – sold at $655,000

235 Orange Street, Newport Beach – sold at $740,000

219 Orange Street, Newport Beach – sold at $1,135,000

263 Colton Street, Newport Beach – sold at $1,250,000

If I can answer any questions about Newport Shores Real Estate or Newport Beach Real Estate, please contact me:

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Originally posted at NewportBeachRealEstateCafe.com

Speechless Sunday - Newport Shores Sunset

Sun, 18 Oct 2009 12:49:01 -0500

Lake Arrowhead ~ 1031 Exchange

Sun, 18 Oct 2009 12:33:07 -0500

Kim has written has an excellent post here on 1031 Exchanges. It is written in a great format to facilitate understanding of this process.

Via Kim Kelley, Realtor DRE#01412099 (Coldwell Banker Sky Ridge Realty):

Lake Arrowhead is a great vacation destination and so close in Southern California. There is no better time than to invest in your family and the future than now in Lake Arrowhead. Invest in your Legacy. A 1031 exchange is a smart move. Take that far away vacation getaway or rental property and sell it and re-invest in Lake Arrowhead. Here are some helpful tips on a 1031 Exchange, some Q & A to get you started. Give me a call and I would be happy to lead you further into this great opprotunity.

1031 Exchanges... advantages, especially for the Baby Boomers looking for a way to transition into a retirement home and make it their dream home later on.

Q - What is a tax-deferred exchange?

In a typical transaction, the property owner is taxed on any gain realized from the sale. However, through a Section 1031 Exchange, the tax on the gain is deferred until some future date.
Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment. A tax-deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of "like-kind", while deferring the payment of federal income taxes and some state taxes on the transaction.
The theory behind Section 1031 is that when a property owner has reinvested the sale proceeds into another property, the economic gain has not been realized in a way that generates funds to pay any tax. In other words, the taxpayer's investment is still the same, only the form has changed (e.g. vacant land exchanged for apartment building). Therefore, it would be unfair to force the taxpayer to pay tax on a "paper" gain.
The like-kind exchange under Section 1031 is tax-deferred, not tax-free. When the replacement property is ultimately sold (not as part of another exchange), the original deferred gain, plus any additional gain realized since the purchase of the replacement property, is subject to tax.

Q - What are the benefits of exchanging v. selling?

A Section 1031 exchange is one of the few techniques available to postpone or potentially eliminate taxes due on the sale of qualifying properties.
By deferring the tax, you have more money available to invest in another property. In effect, you receive an interest free loan from the federal government, in the amount you would have paid in taxes.
Any gain from depreciation recapture is postponed.
You can acquire and dispose of properties to reallocate your investment portfolio without paying tax on any gain.

Q - What are the different types of exchanges?

Simultaneous Exchange: The exchange of the relinquished property for the replacement property occurs at the same time.
Delayed Exchange: This is the most common type of exchange. A Delayed Exchange occurs when there is a time gap between the transfer of the Relinquished Property and the acquisition of the Replacement Property. A Delayed Exchange is subject to strict time limits, which are set forth in the Treasury Regulations.
Build-to-Suit (Improvement or Construction) Exchange: This technique allows the taxpayer to build on, or make improvements to, the replacement property, using the exchange proceeds.
Reverse Exchange: A situation where the replacement property is acquired prior to transferring the relinquished property. The IRS has offered a safe harbor for reverse exchanges, as outlined in Rev. Proc. 2000-37, effective September 15, 2000. These transactions are sometimes referred to as "parking arrangements" and may also be structured in ways which are outside the safe harbor.
Personal Property Exchange: Exchanges are not limited to real property. Personal property can also be exchanged for other personal property of like-kind or like-class.

Q - What are the requirements for a valid exchange?

Qualifying Property - Certain types of property are specifically excluded from Section 1031 treatment: property held primarily for sale; inventories; stocks, bonds or notes; other securities or evidences of indebtedness; interests in a partnership; certificates of trusts or beneficial interest; and choses in action. In general, if property is not specifically excluded, it can qualify for tax-deferred treatment.
Proper Purpose - Both the relinquished property and replacement property must be held for productive use in a trade or business or for investment. Property acquired for immediate resale will not qualify. The taxpayer's personal residence will not qualify.
Like Kind - Replacement property acquired in an exchange must be "like-kind" to the property being relinquished. All qualifying real property located in the United States is like-kind. Personal property that is relinquished must be either like-kind or like-class to the personal property which is acquired. Property located outside the United States is not like-kind to property located in the United States.
Exchange Requirement - The relinquished property must be exchanged for other property, rather than sold for cash and using the proceeds to buy the replacement property. Most deferred exchanges are facilitated by Qualified Intermediaries, who assist the taxpayer in meeting the requirements of Section 1031.

Q - What are the general guidelines to follow in order for a taxpayer to defer all the taxable gain?

The value of the replacement property must be equal to or greater than the value of the relinquished property.
The equity in the replacement property must be equal to or greater than the equity in the relinquished property.
The debt on the replacement property must be equal to or greater than the debt on the relinquished property.
All of the net proceeds from the sale of the relinquished property must be used to acquire the replacement property.

Q - When can I take money out of the exchange account?

Once the money is deposited into an exchange account, funds can only be withdrawn in accordance with the Regulations. The taxpayer cannot receive any money until the exchange is complete. If you want to receive a portion of the proceeds in cash, this must be done before the funds are deposited with the Qualified Intermediary.

Q - Can the replacement property eventually be converted to the taxpayer's primary residence or a vacation home?

Yes, but the holding requirements of Section 1031 must be met prior to changing the primary use of the property. The IRS has no specific regulations on holding periods. However, many experts feel that to be on the safe side, the taxpayer should hold the replacement property for a proper use for a period of at least one year.If the owner later on wants to take advantage of the home owner's exemption (up to $250,000 or $500,000 for a couple), there is now a five year holding period requirement.

Q - What is a Qualified Intermediary (QI)?

A Qualified Intermediary is an independent party who facilitates tax-deferred exchanges pursuant to Section 1031 of the Internal Revenue Code. The QI cannot be the taxpayer or a disqualified person.
Acting under a written agreement with the taxpayer, the QI acquires the relinquished property and transfers it to the buyer.
The QI holds the sales proceeds, to prevent the taxpayer from having actual or constructive receipt of the funds.
Finally, the QI acquires the replacement property and transfers it to the taxpayer to complete the exchange within the appropriate time limits.

Q - Why is a Qualified Intermediary needed?

The exchange ends the moment the taxpayer has actual or constructive receipt (i.e. direct or indirect use or control) of the proceeds from the sale of the relinquished property. The use of a QI is a safe harbor established by the Treasury Regulations. If the taxpayer meets the requirements of this safe harbor, the IRS will not consider the taxpayer to be in receipt of the funds. The sale proceeds go directly to the QI, who holds them until they are needed to acquire the replacement property. The QI then delivers the funds directly to the closing agent.

Q - Can the taxpayer just sell the relinquished property and put the money in a separate bank account, only to be used for the purchase of the replacement property?

The IRS regulations are very clear. The taxpayer may not receive the proceeds or take constructive receipt of the funds in any way, without disqualifying the exchange.
Q - If the taxpayer has already signed a contract to sell the relinquished property, is it too late to start a tax-deferred exchange?

No, as long as the taxpayer has not transferred title, or the benefits and burdens of the relinquished property, she can still set up a tax-deferred Exchange. Once the closing occurs, it is too late to take advantage of a Section 1031 tax-deferred exchange (even if the taxpayer has not cashed the proceeds check).

Q - Does the Qualified Intermediary actually take title to the properties?

No, not in most situations. The IRS regulations allow the properties to be deeded directly between the parties, just as in a normal sale transaction. The taxpayer's interests in the property purchase and sale contracts are assigned to the QI. The QI then instructs the property owner to deed the property directly to the appropriate party (for the relinquished property, its buyer; for the replacement property, taxpayer).

Q - What are the time restrictions on completing a Section 1031 exchange?

A taxpayer has 45 days after the date that the relinquished property is transferred to properly identify potential replacement properties. The exchange must be completed by the date that is 180 days after the transfer of the relinquished property, or the due date of the taxpayer's federal tax return for the year in which the relinquished property was transferred, whichever is earlier. Thus, for a calendar year taxpayer, the exchange period may be cut short for any exchange that begins after October 17th. However, the taxpayer can get the full 180 days, by obtaining an extension of the due date for filing the tax return.
Q - What if the taxpayer cannot identify any replacement property within 45 days, or close on a replacement property before the end of the exchange period?

Unfortunately, there are no extensions available. If the taxpayer does not meet the time limits, the exchange will fail and the taxpayer will have to pay any taxes arising from the sale of the relinquished property, unless the IRS has expressly granted extensions in specified disaster area(s).

Q - Is there any limit to the number of properties that can be identified?

There are three rules that limit the number of properties that can be identified. The taxpayer must meet the requirements of at least one of these rules:
3-Property Rule: The taxpayer may identify up to 3 potential replacement properties, without regard to their value; or
200% Rule: Any number of properties may be identified, but their total value cannot exceed twice the value of the relinquished property, or
95% Rule: The taxpayer may identify as many properties as he wants, but before the end of the exchange period the taxpayer must acquire replacement properties with an aggregate fair market value equal to at least 95% of the aggregate fair market value of all the identified properties.
Q - What are the requirements to properly identify replacement property?

Potential replacement property must be identified in a writing, signed by the taxpayer, and delivered to a party to the exchange who is not considered a "disqualified person". A "disqualified" person is any one who has a relationship with the taxpayer that is so close that the person is presumed to be under the control of the taxpayer. Examples include blood relatives, and any person who is or has been the taxpayer's attorney, accountant, investment banker or real estate agent within the two years prior to the closing of the relinquished property. The identification cannot be made orally.

Q - Are Section 1031 Exchanges limited only to real estate?

No. Any property that is held for productive use in a trade or business, or for investment, may qualify for tax-deferred treatment under Section 1031. In fact, many exchanges are "multi-asset" exchanges, involving both real property and personal property.A multi-asset exchange involves both real and personal property. For example, the sale of a hotel will typically include the underlying land and buildings, as well as the furnishings and equipment. If the taxpayer wants to exchange the hotel for a similar property, he would exchange the land and buildings as one part of the exchange. The furnishings and equipment would be separated into groups of like-kind or like-class property, with the groups of relinquished property being exchanged for groups of replacement property.
Although the definition of like-kind is much narrower for personal property and business equipment, careful planning will allow the taxpayer to enjoy the benefits of an exchange for the entire relinquished property, not just for the real estate portion.

Q - What is a reverse exchange?

A reverse exchange, sometimes called a "parking arrangement," occurs when a taxpayer acquires a Replacement Property before disposing of their Relinquished Property. A "pure" reverse exchange, where the taxpayer owns both the Relinquished and Replacement properties at the same time, is not allowed. The actual acquisition of the "parked" property is done by an Exchange Accommodation Titleholder (EAT) or parking entity.

Q - Is a reverse exchange permissible?

Yes. Although the Treasury Regulations still do not apply to reverse exchanges, the IRS issued "safe harbor" guidelines for reverse exchanges on September 15th, 2000, in Revenue Procedure 2000-37. Compliance with the safe harbor creates certain presumptions that will enable the transaction to qualify for Section 1031 tax-deferred exchange treatment.

Q" a - How does reverse exchange work?

In a typical reverse (or "parking") exchange, the "Exchange Accommodation Titleholder" (EAT) takes title to ("parks") the replacement property and holds it until the taxpayer is able to sell the relinquished property. The taxpayer then exchanges with the EAT, who now owns the replacement property. An exchange structured within the safe harbor of Rev. Proc. 2000-37 cannot have a parking period that goes beyond 180 days.

Q - What happens if the exchange cannot be completed within 180 days?

If the reverse exchange period exceeds 180 days, then the exchange is outside the safe harbor of Rev. Proc. 2000-37. With careful planning, it is possible to structure a reverse exchange that will go beyond 180 days, but the taxpayer will lose the presumptions that accompany compliance with the safe harbor.

Q - Can the proceeds from the relinquished property be used to make improvements to the replacement property?

Yes. This is known as a Build-to-Suit or Construction or Improvement Exchange. It is similar in concept to a reverse exchange. The taxpayer is not permitted to build on property she already owns. Therefore, an unrelated party or parking entity must take title to the replacement property, make the improvements, and convey title to the taxpayer before the end of the exchange period.

Q- What is the difference between "realized" gain and "recognized" gain?

Realized gain is the increase in the taxpayer's economic position as a result of the exchange. In a sale, tax is paid on the realized gain. Recognized gain is the taxable gain. Recognized gain is the lesser of realized gain or the net boot received.

Q - What is Boot?

Boot is any property received by the taxpayer in the exchange which is not like-kind to the relinquished property. Boot is characterized as either "cash" boot or "mortgage" boot. Realized Gain is recognized to the extent of net boot received.

Q - What is Mortgage Boot?

Mortgage Boot consists of liabilities assumed or given up by the taxpayer. The taxpayer pays mortgage boot when he assumes or places debt on the replacement property. The taxpayer receives mortgage boot when he is relieved of debt on the replacement property. If the taxpayer does not acquire debt that is equal to or greater than the debt that was paid off, they are considered to be relieved of debt. The debt relief portion is taxable, unless offset when netted against other boot in the transaction.

Q - What is Cash Boot?

Cash Boot is any boot received by the taxpayer, other than mortgage boot. Cash boot may be in the form of money or other property.

Q - What are the boot "netting" rules?

Cash boot paid offsets cash boot received
Cash boot paid offsets mortgage boot received (debt relief)
Mortgage boot paid (debt assumed) offsets mortgage boot received
Mortgage boot paid does not offset cash boot received

Q - I bought the property as a single person and I would like to acquire the replacement property together with my spouse?

The most conservative way is to stay consistent and complete the exchange the same way it was started and to add the spouse after the completion of the exchange. An exception can be made if there is a lender requirement that the spouse has to be added in order to qualify for a loan. If an exchange is planned well ahead of time, another solution would be to add the spouse to the title of the currently held property. Timing should be discussed with the CPA.Q - I closed escrow on my first replacement property within the 45 day identificationperiod. Can I now identify three more properties within my 45 day identification period?If you are using the three property rule, the completed acquisition counts as one and you may identify only up to two additional properties. Q - How do I identify two different properties (or percentages of ownership through a TIC) covered by ONE purchase contract?If the properties could be sold separately at a later date, they should be identified as two properties.

Kim Kelley ~ DRE#01412099

For all your real estate needs turn to a professional Realtor, Kim Kelley.

Coldwell Banker Sky Ridge Realty ~ 27206 State Hwy 189 Blue Jay/Lake Arrowhead CA

Team Kelley ~ Sellers

Team member Rich Sellers DRE# 01148405

909-336-7949 Direct

909-725-1248 Cell

www.arrowheadeliteproperties.com

kimkelleysells@gmail.com

Lake Arrowhead Homes ~ Lake Arrowhead Real Estate ~ Lake Arrowhead Realtor ~ Coldwell Banker Sky Ridge ~ Republican Women of Lake Arrowhead ~ Mt Calvary Lutheran Church ~ Lake Arrowhead Country Club ~ Lake Arrowhead Yacht Club ~ Lake Arrowhead Chamber of Commerce

New and Interesting Homes for Sale in Newport Beach and Costa Mesa

Sat, 17 Oct 2009 20:07:22 -0500

New and Interesting Homes for Sale in Newport Beach and Costa Mesa

Broker Preview
Newport Beach

October 16, 2009

Yesterday was an excellent day for Broker Preview for Newport Beach and Costa Mesa. Every Friday is the day for broker preview for Newport Beach and Costa Mesa for new homes listed on the MLS or price changes. I like to preview the inventory and pass on the the information about some of the homes that I have the opportunity to see.

The home located at 1919 Santa Ana in Costa Mesa is absolutely a very iconic home. With the Queen Anne Victorian Architectural style home, it is is truly a unique home. There is a wrap around porch and a rounded entry with leaded glass front doors. There are also leaded glass windows through out, and there are many details to appreciate in this East Side Costa Mesa home for sale. This home in East Side Costa Mesa is value range priced at $1,795,000 to $1,900,000.

Downstairs, there is a in door spa with a rock waterfall. And there is also a full bathroom located on the first level.

Another home I toured yesterday was 301 North Star Lane which is located in the highly sought after Dover Shores area of Newport Beach. This single family home located on the water features 5 bedrooms, 4 bathrooms, and is priced at $3,795,000. The home has a slip in front for a yacht.

I toured another spectacular yesterday and was located at 939 Via Lido Soud. This is a spectacular home located which is a French Chateau. It is located at the end of the Lido Island with a sweeping view of the turning basin and Newport Harbor. There is a spa located outside to enjoy the weather and amazing location. This home has a spectacular entry with beautiful leaded glass in the entry. This property can accommodate up to four large yachts ranging in size from 40′ to 80′. This home is priced at $11,500,000.

The view from this home on Lido Island is amazing. Because of the location, there is so much to appreciate in Newport Harbor.

Another property I toured yesterday is a very good opportunity to own a single family home in Newport Beach. I am going to suggest it for the Newport Beach Top Ten Deals. The address is 340 Prospect in Newport Shores which is located in the west end of Newport Beach. This single family home is a well maintained home. There is a very nice patio area to enjoy the California Climate and a koi pond. This single family home in Newport Shores is priced at $699,000. A great buy for a home located right across the street from one of the finest beaches in Newport Beach.

If I can answer any questions about Newport Beach Real Estate, Dover Shores Real Estate, Newport Shores Real Estate, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

Originally posted at NewportBeachRealEstateCafe.com.

Disclaimer: Information contained herein are the views and opinions of Sharon Paxson. This information may be based on information from multiple sources, and may be subject to change without notice. This information is not guaranteed, have warranties either express or implied, may be time sensitive, and may or may not be deemed reliable at the time of researching this article. Information regarding property for sale and market reports is obtained from the SoCalMLS.

Top Ten Best Deals in Newport Beach

Tue, 13 Oct 2009 19:15:56 -0500

Newport Beach Top Ten Deals of the Week

October 13, 2009

I recently joined a committee with other Realtors in Newport Beach to determine the top ten best deals in Newport Beach, Newport Coast and Corona del Mar. New listings and price changes are reviewed to determine the 10 best deals in Newport Beach, and post them to share price per square foot and price changes.

The criteria is however, no short sales. The top ten best deals are standard sales or REO's. We look at price per square foot and create a list of approximately ten properties to "make the list". This week, there are 13 in the top ten.

The following is the list of the top thirteen for this week:

5 Rue Deauville, Newport Beach $1,799,000

This property on 5 Rue Deauville just had a price reduction from $1,995,000 and is now priced at $444.86 per square foot.

401 Seaward, Corona Del Mar $699,000

There was a recent price reduction from $729,000 and now priced at $499.29 per square foot.

2705 Fifth Ave, Corona Del Mar $795,000

This property in Corona del Mar has two bedrooms and was completely re-done in 2007.

2651 Bungalow, Corona Del Mar $799,000

This is the lowest priced condo in Sailhouse community in Corona del Mar, and is a great two bedroom condo priced at $584.49 per square foot.

61 Jasmine Creek, Corona Del Mar $949,000

This three bedroom, three bathroom property is located in in highly sought after Jasmine Creek. There are 3 swimming pools & spas and 6 tennis courts, and is located near the clubhouse.

2733 Shell, Corona Del Mar $1,995,000

This property is located in China Cove in Corona del Mar and this home features four bedrooms, and three bathrooms.

3212 Broad, Newport Beach $799,000

This three bedroom, three bathroom condo in Newport Beach was recently listed and is priced at $450.65 per square foot.

546 Catalina, Newport Beach $999,000

This home has had a recent $100,000 price reduction on this Newport Beach home and priced at $432.47 price per square foot.

522 Riverside, Newport Beach $1,694,000

This home is a five year old craftsman style home located in Newport Heights, this home features 4365 square feet. This home has five bedrooms and six bathroom, and is priced at $388.09 per square foot.

521 San Bernardino, Newport Beach $1,795,000

This home is located in Newport Heights and features five bedroom, six bathroom home features 4200 square feet located in Newport Heights in Newport Beach. The price per square foot on this home is $427.38.

526 Riverside, Newport Beach $2,350,000

Located in Newport Heights, this home was originally priced at $2,800,000 and has had price adjustments to $2,350,000. This home is $386.83 per square foot and has 6075 square feet of living space.

1357 Sussex, Newport Beach $625,000

$625,000 in Newport Beach for a single family home? Amazing opportunity here. Located in the Westcliff area of Newport Beach, this home is a fixer. However, great price at $373.58 per square foot.

505 Evening Star, Newport Beach $2,799,999

This home is on the water in Newport Beach, this Dover Shores home has had a recent price reduction to $2,799,000 from $3,299,999. This home has views from every window.

The list for Newport Top Ten was originally posted at NewportTopTen.

If I can answer any questions about Newport Beach Real Estate or homes for sale in Corona del Mar, please contact me.

Phone or Text: 949.280.0681

Email: Spaxson@roadrunner.com

This post was originally posted at NewportBeachRealEstateCafe.com.

Disclaimer: Information contained herein are the views and opinions of Sharon Paxson. This information may be based on information from multiple sources, and may be subject to change without notice. This information is not guaranteed, have warranties either express or implied, may be time sensitive, and may or may not be deemed reliable at the time of researching this article. Information regarding property for sale and market reports is obtained from the SoCalMLS.

1000 Step Beach in Laguna Beach

Sun, 04 Oct 2009 20:29:38 -0500

1000 Steps Beach, Laguna Beach

1000 Steps Beach in Laguna Beach is an absolutely beautiful beach that does have public access. There are approximately 230 steps to the sand, not 1000 but it is still a workout. There are bushes and plants which have grown over the stairs. The beach itself is amazing with caves and beautiful rock formations.

1000 Steps Beach is located at 9th and Coast Highway in South Laguna Beach is a worthwhile visit. There was no lifeguard on duty when we were there yesterday, and the ocean conditions were rough with large waves, and a strong under tow. However, the temperature was warm. My advice is to always swim near a manned lifeguard tower for your safety.

There is some very beautiful real estate over looking 1000 Steps Beach and actually on the sand in 1000 Steps. These homes have spectacular views of the ocean. They also have stairs down to the beach, and some of the homes even have trams to go up and down the steep mountainside.

There were a number of people working out on the stairs, and it is a great opportunity for an outdoor workout climbing back up the stairs.

Caves at 1000 Steps Beach

There were a number of skim boarders, and that seems to be a good beach for that. The waves are shore break, so surfing can be treacherous.

Parking is on the street, and make sure you cross Coast Highway at the signal.

1000 Steps Beach in Laguna is absolutely breath taking, and just taking the time to go and enjoy this most beautiful area in Laguna is worth the visit.

Take your drinks and lunch, but make sure you save some water for the hike back up the stairs - even though there are not 1000 steps, it is a work out to climb back up those stairs.

If I can answer any questions about 1000 Steps Beach or about real estate in Laguna Beach or Newport Beach, please contact me.

Hope to see you there at 1000 Steps Beach.

Phone or Text: 949.280.0681

Email: spaxson@roadrunner.com

Originally posted at NewportBeachRealEstateCafe.com

Speechless Sunday - Branching Out

Sun, 04 Oct 2009 19:18:27 -0500

Newport Harbor High - Heritage Run

Fri, 02 Oct 2009 12:42:01 -0500

Newport Harbor High – Heritage Run

October 3, 2009

The Newport Harbor High School Heritage Run is going to be tomorrow October 3rd, 2009. This is the only fundraiser of the year for Newport Harbor High School and the Newport Harbor PTA, so come out and show support for Newport Harbor High School. This is a great community event.

You can download the entry form and register for the Heritage Run in Newport Beach. Race
registration begins at 6:30 am tomorrow morning. The 2k starts at 8am, and the 5k starts at 8:30 am.

This is a great opportunity to show support the Newport Harbor PTA.

There is a 2k and a fun 5k to enter, and the information is on the registration form. This is the time of year for 5k’s as last weekend was the Susan G. Komen Race for the Cure which I particpated in.

Here is the course for the Harbor Heritage Run:

Find more information on the Harbor Heritage Run, please view the Harbor Heritage Run website.

If I can answer any questions, please contact me at 949.280.0681 or email at spaxson@roadrunner.com. I hope to see you there and support the Newport Harbor Sailors!

Originally posted at NewportBeachRealEstateCafe.com

Another Wordless Wednesday - Hangin' Around

Wed, 30 Sep 2009 20:06:49 -0500

48th Annual Sandcastle Contest in Corona del Mar

Wed, 30 Sep 2009 13:40:14 -0500

48th Annual Sandcastle Contest in Corona del Mar

October 4, 2009

This Sunday, October 4th, 2009 is the 48th annual Sandcastle Contest in Corona del Mar which will be held right on the beach. If you would like to participate in this event, you can download this form and enter the contest. There are three different entry fees - if you enter as a family, the entry fee is $30, and if you enter as a business, the fee is $40. If you enter in the Master Class (these are considered Architectural firms), the fee is $60.00. Here are some photos from last year. This one entrant created a "sand-witch"!

Sand-Witch

Pumpkin

Whether you are participating as a fan or if you enter the contest to create a sandcastle, it is an event not to be missed. The details in these sandcastles are amazing. Last year, there were some themed towards the Olympics, and there were also some Halloween sandcastles. And it is just another great opportunity to enjoy the beach and enjoy the beauty of Corona del Mar. Also, enjoy an opportunity to meet up with some new friends.

Find more information about the 48th annual sandcastle contest, and make sure you come on down to the beach in Corona del Mar to view these most detailed creations.

I hope to see you there, and if you have any questions at all, please feel free to contact me 949.280.0681 or email me at spaxson@roadrunner.com.

Originally posted at NewportbeachRealEstateCafe.com

About the author:

Sharon Paxson is a Newport Beach Residential Realtor, who can assist you with the sale and/or purchase of real estate in the Corona del Mar, Costa Mesa, Newport Beach, and Newport Coast area. If you are considering relocating to or from the Orange County area, contact Sharon as she will assist you with the purchase of your new home, or connect you with a trusted professional in her network, in the city you have selected.

All Content Copyright© 2009 By Sharon Paxson, All Rights Reserved "48th Annual Sandcastle Contest in Corona del Mar".

Wordless Wednesday - Enjoying Newport Harbor

Wed, 30 Sep 2009 12:25:33 -0500

Wordless Wednesday - Enjoying Newport Harbor

Under Contract in Newport Beach

Tue, 29 Sep 2009 19:31:59 -0500

Under Contract in Newport Beach

Newport Shores Home In Escrow

254 Cedar Street
Newport Beach, California

Priced at $720,000

This single family home located in Newport Shores in Newport Beach is currently in back up status in Newport Shores.This home features two bedrooms, two bathrooms, family room and a den. This home is also located on one of the larger lots in Newport Shores.

Newport Shores features a community clubhouse, heated pool, tennis court, volley ball court and a basketball court. There are year round community activities including a 4th of July Parade and barbecue, and home tour during the winter months.

Walk across the street to one of the finest beaches in Newport Beach, and for you surfers, the river jetty is a very popular surfing spot. Also, the Frog House is located on Coast Highway, right by Newport Shores.

In addition to the awesome lifestyle here in Newport Shores, the children who reside in Newport Shores attend Newport Elementary School which is one of the only elementary schools that is located on the beach in the country - the beach is literally their playground, and you can hear the waves from the classrooms.

If I can answer any questions about Newport Beach Real Estate, Newport Beach homes for sale, Corona del Mar luxury homes, and Newport Coast properties, please feel free to contact me.

Phone or Text: 949.280.0681
Email: Spaxson@roadrunner.com

About the author: