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Balboa Island MArket Update

By
Real Estate Agent with Abrams Coastal Properties

Balboa Island Market Update August

View of BalboaBalboa Island, my favorite spot in Newport Beach is probably one of the more desirable areas to live if you love the ocean, sunshine, and people. Balboa Island is a man made Island that consist of 3 smaller islands. Little Island, Main Island, and Collins Island which is the smallest. There are 2 ways to get on the Island, one is to drive over the 2 lane bridge on Bayside Drive. The other is by ferry. You can take the ferry on the Peninsula and it will drop you off on Balboa Island. You can drive your car, bike or walk on the ferry. Yes there is a fee, check Balboa Ferry Rates here.

If you walk around Balboa Island its 2.75 miles! All day long you will find joggers, walkers, and lots of cute dogs on the boardwalk. You can also walk to Marine Avenue and find cute boutiques, restaurants, Hershey's Market, and of course Starbucks!!!

Now that my new office Abrams Coastal Properties  is on the Island I get to enjoy all of this everyday.

As of today, there are :

29 homes for sale on the Island, priced from $1,200,000 all the way to $5,975,000 for a bay front home. My favorite is: 314 Amethyst This 3 bedroom, 4 bath, 2700 sq. ft home is a brand new custom home! 314 Amethyst is located on the big Island.

316 Amethyst Map

Enjoy Island living on the large front porch of this amazing home and don't miss the views of the North Bayfront from the master bedroom balcony.  This home truly has it all! Feel free to contact me to see this home.

Today there are 4 homes in escrow and in the pat 90 days 9 homes have sold! The average price sold $2,650,000.

Call me for a tour of the Island!

David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Mary you have fabulous taste. The Balboa peninsula and pier are exceptional but Balboa Island, with its fun shops is just extra special. I made sure my grandsons first boat ride was on the ferry. I get back to enjoy it as often as I can.

Aug 08, 2011 06:19 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

29 homes for sale on the island isn't that a lot? Just wondering.

Aug 08, 2011 06:52 PM
Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

Mary ... I like your Balboa Island local home selling market article here.  Best wishes on your move to broker at Abrams.

Aug 17, 2011 06:10 AM