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.
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.
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.
I think I remember you featuring this island community around Newport Beach once before Sharon and again you do a tremendous job highlighting it. Great post!!
Sharon I always enjoy your neighborhood market reports because they are NOT just numbers but also excellent descriptions along with great pictures! I am going to bookmark this one to use as a guide for my own reports! Hope all is well!
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What an absolutely beautiful area. I did not know about Lido Isle so I appreciate you sharing.