Balboa Peninsula Homes – Newport Beach Real Estate 4-23-11
April 23, 2011 by Christine · Leave a Comment
Balboa Peninsula Homes – Newport Beach Real Estate 4-23-11
Balboa Peninsula, also known as the Newport Peninsula or simply the “Peninsula”,
is a three mile stretch of land that encompasses some of the most expensive homes in the world as well as “The Wedge”, a world famous body surfing spot, located at the jetty at the end of the Balboa Peninsula and a great deal of commercial areas as well.
The Peninsula has two piers, the Newport Pier and the Balboa Pier as well as the Fun Zone which is like a miniature Coney Island located right on the Bay. In addition, there is the boardwalk for strolling, biking or roller blading along the beach and another along the Bay.
At the Fun Zone, you can play in the arcade, ride the ferris wheel, see the Victorian style Balboa Pavilion which is over a century old, rent a boat and take a ride through the Bay, and then satisfy your sweet tooth with a Balboa Bar (an ice cream bar coated in chocolate and then dipped in your choice of peanuts or sprinkles).
Below is the current Balboa Peninsula Homes report:
As can be seen from the absorption analysis above, the rate of home sales on the Peninsula has slowed down dramatically over the last several months. Hopefully, we’ll begin to see an increase in sales over the spring and summer months, but for now, most homes on the Peninsula should expect to see a long marketing period.
For more information about selling or buying a home in Newport Beach, please call Christine Donovan at 714.319.9751.
Please see below to see homes for sale on the Balboa Peninsula.
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Market reports for nearby cities:
Mesa Verde Costa Mesa Real Estate Report
South Coast Metro Costa Mesa Homes
Huntington Beach Real Estate News
Newport Beach Real Estate News
Fountain Valley Real Estate News
Balboa Peninsula Real Estate Report
Newport Heights Real Estate News
Balboa Island Real Estate News
Newport Crest Real Estate News
Newport Shores Real Estate News
Copyright © 2011 by Christine Donovan, All Rights Reserved. Newport Beach Real Estate News- Balboa Peninsula Homes.
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About the author: Christine Donovan is a California Residential Real Estate Broker with
experience in assisting clients buy and sell residential real estate.
Contact me for a free list of Orange County foreclosures or a free list of Orange County short sales
Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? Contact me at 714-319-9751 to discuss your options.
Want to buy a home or to list your property for sale in Newport Beach? Contact me at 714-319-9751 to learn about my system which will make your buying and selling experience easier.
Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied. This blog is not intended to offer any legal, tax or other advice.
