issue t wo | 2011
HÔMFeatures
Balboa Island
Balboa Island, Newport Beach 135 North Bayfront
$5,975,000
One-of-a-kind, large (4432 square feet) recently-remodeled Balboa Island bayfront home. Offering a Dock to accommodate two 70 foot yachts. Parking for four cars. This spacious home has magnificent views of Beacon Bay, Harbor Island and the Harbor Island bridge. Seven bedrooms, six bathrooms, two kitchens, two fireplaces, living room, family room, front patio, and balconies provide a wonderful setting for island life. laura g. gale 949.500.6418 | lgale@homgroup.com
Balboa Island, Newport Beach 208 Ruby Avenue
laura g. gale 949.500.6418 | lgale@homgroup.com
Balboa Island, Newport Beach 209 Agate Avenue
laura g. gale 949.500.6418 | lgale@homgroup.com
$1,585,000 Balboa Island, Newport Beach 203 Diamond Avenue
$1,535,000
laura g. gale 949.500.6418 | lgale@homgroup.com
$1,500,000 Balboa Island, Newport Beach 315 Onyx Avenue
laura g. gale 949.500.6418 | lgale@homgroup.com
$1,465,000
Harbor Island Parcel
Harbor Island, Newport Beach 24 Harbor Island
$26,500,000
Harbor Island is the most rarefied address with exceptional privacy and security on the exclusive Newport Harbor bayfront. Offering the region’s ultimate views, this coveted double-lot presents spectacular vistas of the Main Channel, Anchor Basin, Bay Island and Balboa Pavilion. As Harbor Island’s only ready-tobuild site, this offering encompasses an impressive 112 feet of frontage with slips for two large yachts, as well as two side ties. Architectural plans are completed for a stunning two-level 9,000 square foot contemporary estate. (Lot 24 and Lot 25 can be purchased separately.) kathryn white 949.433.0315 | kwhite@homgroup.com
Corona del Mar Oceanfront Estate
Shorecliffs, Corona del Mar 169 Shorecliff Road
$19,950,000
Gracing the most sought-after lot in Shorecliffs with direct access to a private beach, this once-in-a-lifetime opportunity comprises a breathtaking soft contemporary home with amenities and views rivaling those of the most exclusive seaside resorts. The residence’s walls of glass and large-scale rooms were designed to maximize the spectacular panoramic vistas—crashing whitewater, the coastline, and Catalina Island. Rebuilt in 2008, this prestigious residence encompasses approximately 7,200 square feet with five bedroom suites and three levels of decadent outdoor living. john cain 714.655.8940 | joann yeakel 949.295.9898
Crystal Cove View Estate
Crystal Cove, Newport Coast 40 Deep Sea
$15,995,000
Reduced from $23,500,000. Tremendous opportunity to own one of the finest estates in Crystal Cove, offering unparalleled water-to-water views from the infinity edge, saltwater pool and spa straight out to the ocean, Catalina, and beyond. This custom masterpiece has been tastefully crafted with an impressive level of interior and exterior finish and offers four wonderfully-designed levels. Features include six bedooms, twelve bathrooms, executive office, two game rooms, wine cellar, tasting room, 12-person theater, indoor racquetball/basketball court, gym, juice bar, and an 8-car finished garage. john cain 714.655.8940 | jcain@homgroup.com
Pelican Crest Masterpiece
Pelican Crest, Newport Coast 9 Avalon Vista
$13,899,000
In a land of superlatives, this Tuscan-inspired mansion is a stand-out. Sited on one of Pelican Crest’s most prestigious front-row lots at approximately 27,900 square feet, with unparalleled views of the Pacific, Catalina, city lights, the Harbor and the coastline, the approximately 13,600 square foot residence is a study in the fine art of architecture, design, and home building. Features include: six bedrooms and nine bathrooms, office, gym, theater, game room, and abundant outdoor entertaining amenities, including a pool pavilion, saltwater pool and spa, firepit, and fireplace. john cain 714.655.8940 | jcain@homgroup.com
Mystic Hills, Laguna Beach 1280 Pacific Avenue
$4,995,000
This magnificent custom contemporary is artfully positioned on a large, flat cul-de-sac parcel with breathtaking ocean, Catalina and coastline views. kathryn white 949.433.0315 | kwhite@homgroup.com
Emerald Bay, Laguna Beach 412 Emerald Bay
$3,700,000
This residence, remodeled in 2008, offers expansive ocean views from the gourmet kitchen, living and dining room, media room and the main-level master suite. andre white 949.378.9653 | awhite@homgroup.com
Emerald Bay, Laguna Beach 541 Emerald Bay
$5,295,000
There is no better way to experience the Emerald Bay lifestyle than in this Cape Cod-inspired residence with white water, sunset and Catalina views. harold noriega 949.400.9905 | harold@homgroup.com
Emerald Bay, Laguna Beach 731 Emerald Bay
harold noriega 949.400.9905 | harold@homgroup.com
$2,995,000 Balboa Island, Newport Beach 225 Grand Canal
harold noriega 949.400.9905 | harold@homgroup.com
$1,950,000
North Laguna Beach 475 Panorama Drive
jon flagg 949.533.7878 | jflagg@homgroup.com
Lido Isle, Newport Beach 208 Via Palermo
jon flagg 949.533.7878 | jflagg@homgroup.com
Cameo Highlands, Corona del Mar 4607 Dorchester Road
jon flagg 949.533.7878 | jflagg@homgroup.com
$8,495,000 Lido Isle, Newport Beach 111 Via Lido Soud
$5,795,000
jon flagg 949.533.7878 | j f l a g g@h o m g r o u p . c o m
$3,995,000 Lido Isle, Newport Beach 203 Via Ithaca
$3,995,000
jon flagg 949.533.7878 | j f l a g g@h o m g r o u p . c o m
$1,995,000 Lido Isle, Newport Beach 107 Via Cordova
jon flagg 949.533.7878 | j f l a g g@h o m g r o u p . c o m
$1,595,000
Balboa Peninsula, Newport Beach 1114 East Balboa Boulevard
$8,995,000
Sixty feet of frontage on the bay with a dock to accommodate an 80' boat, a 62' boat, plus a bay boat, jet skis, and catamarans. brad hinman 949.246.3221 | sara hinman 949.466.9355 | rob norquist 949.466.5115 | bhinman@homgroup.com | shinman@homgroup.com | rnorquist@homgroup.com
Balboa Peninsula, Newport Beach 1115 East Balboa Boulevard
$7,500,000
One of the few remaining opportunities to own two contiguous lots equaling 60' of ocean frontage on Balboa Peninsula. brad hinman 949.246.3221 | sara hinman 949.466.9355 | rob norquist 949.466.5115 | bhinman@homgroup.com | shinman@homgroup.com | rnorquist@homgroup.com
Unique Beachfront Compound
Peninsula Point, Newport Beach 1510 East Oceanfront
price upon request
One of the most unique and irreplaceable properties along the California Coast, this Newport Beach oceanfront estate graces a rare double lot directly on the sand. A true contemporary masterpiece designed by renowned architect Michael Kollin, this two-home compound offers a spectacular setting with privacy and security coupled with dramatic views of the ocean, piers and Catalina Island. This one-of-a-kind beachfront masterpiece encompasses two grand scale homes; a main house featuring six bedrooms and a stunning two bedroom guest house. brian g. johnson 949.939.8000 | bjohnson@homgroup.com
Impeccable Bayfront Residence
Lido Isle, Newport Beach 901 Via Lido Soud
price upon request
Situated on the most exclusive south bayfront location of Lido Isle, with approximately 100 feet of frontage rests one of Newport Beach’s finest waterfront homes. Timeless and impressive, this home offers entertaining areas that open to the water offering serene sunsets and impeccable views. Featuring five bedrooms, five and one-half bathrooms, a private gym, four-car garage, a wine cellar, and office. Complete with a dock to accommodate a 70' boat with the potential to expand to 100'. The home’s refined details and finishes make it as elegant as it is comfortable. ron millar 949.233.8080 | rmillar@homgroup.com
Shaw’s Cove, Laguna Beach
$9,998,000
Commanding a unique seaside location with private steps to the sand. This magnificent estate offers tastefully appointed interior spaces. nancee swensson 949.813.6883 | nswensson@homgroup.com
Monarch Beach, Dana Point
$3,200,000
Remodeled, custom, single-story pool home in gate guarded Monarch Beach with spectacular ocean and golf course views. Overlooks the 12th green. karan masters 949.338.8818 | kmasters@homgroup.com
Mystic Hills, Laguna Beach 600 Vista Lane
$2,595,000 North Laguna Beach 1645 Sunset Ridge
hobbie/derr group 949.584.0346 | mhobbie@homgroup.com | www.600vistalane.com
Mystic Hills, Laguna Beach 1305 Coral Drive
hobbie/derr group 949.584.0346 | mhobbie@homgroup.com | www.1645sunsetridge.com
$2,179,000 Mystic Hills, Laguna Beach
hobbie/derr group 949.584.0346 | mhobbie@homgroup.com | www.1305coraldrive.com
$2,325,000
697 Mystic Way
$1,995,000
hobbie/derr group 949.584.0346 | mhobbie@homgroup.com | www.697mysticway.com
The Village of Corona del Mar 308 Marguerite Avenue
$1,795,000
Corona del Mar triplex situated in a premier location just one short block to the beach and nearby local shops and restaurants. Great investment opportunity. casey lesher 949.702.7211 | clesher@homgroup.com
The Village of Corona del Mar 721 Iris Avenue
casey lesher 949.702.7211 | clesher@homgroup.com
$1,399,000 The Village of Corona del Mar 2601 Bungalow Place
casey lesher 949.702.7211 | clesher@homgroup.com
$1,199,000
Oceanfront Landmark Estate
Peninsula Point, Newport Beach 1707 East Bay Avenue
$7,995,000
A fabulous bayfront villa designed by Wallace Neff in 1928 and restored with modern systems in 2005. This historic home boasts 360-degree views of the ocean, bay and mountains and has the distinction of being the Peninsula Point’s tallest home; it could never be rebuilt today. This home was built with the finest materials including Honduran mahogany doors and windows, thick masonry walls and heavy hand-hewn beams. Amenities include: a hydraulic elevator, a large rooftop deck, five bedrooms with en suite baths, and a new dock to accommodate up to a 60' yacht. rob norquist 949.466.5115 | rnorquist@homgroup.com
Newport Beach Estate
Newport Beach 2301 Santiago Drive
$2,390,000
Rare opportunity. First time on the market in over 60 years. Custom built with a Colonial style flare. This well maintained home has four bedrooms, three baths, family room, living room, formal dining room and study. Huge lot, just under one acre, this fabulous property is one of the few original estate size and privately gated properties in Newport Beach. The park like grounds offer an eclectic variety of mature trees and landscaping including rose gardens, numerous productive fruit trees and garden walking paths. bob coluccio 949.510.2594 | pamela ball 949.533.8525
Irvine Cove, Laguna Beach 2538 Monaco Drive
$5,795,000 Newport Coast 31 Sea Terrace
tad baltzer 949.554.4140 | tbaltzer@homgroup.com
Lido Isle, Newport Beach 216 Via Mentone
$2,499,000
jocelyn bratter 949.244.5109 | j b r a t t e r@h o m g r o u p . c o m
$2,095,000 Cannery Lofts, Newport Beach
rob norquist 949.466.5115 | rnorquist@homgroup.com
Newport Shores, Newport Beach 323 62nd Street
tori rimlinger 949.378.6200 | kennie jo rizzo 949.466.7604
519 30th Street
$1,699,000
sharon mckinnon 949.683.4016 | jamie mckinnon 949.677.1021
$899,000 Newport Shores, Newport Beach 223 Lugonia Street
kennie jo rizzo 949.466.7604 | tori rimlinger 949.378.6200
$894,000
HÔM RESEARCH SALES AND ACTIVIT Y COMPARISONS FOR JUNE 2011 AND QUARTER TWO 2011.
city
new
under contract
sold
JUNE-08
JUNE-09
JUNE-10
JUNE-11
JUNE-08
JUNE-09
JUNE-10
JUNE-11
JUNE-08
JUNE-09
JUNE-10
JUNE-11
Aliso Viejo
125
73
116
99
n/a
8
28
31
65
80
87
68
Corona del Mar
34
45
41
42
n/a
1
4
8
18
11
30
16
Dana Point
76
87
88
66
n/a
2
10
14
31
56
53
40
Irvine
313
287
368
320
n/a
17
48
71
157
198
217
218
Laguna Beach
72
66
83
71
n/a
1
9
10
20
30
34
26
Ladera Ranch
71
60
62
73
n/a
13
17
13
32
46
47
48
Laguna Niguel
135
107
147
115
n/a
5
20
24
87
84
99
88
Newport Beach
115
131
134
139
n/a
2
19
21
56
46
61
72
Newport Coast
42
41
37
47
n/a
3
6
6
14
14
18
14
San Juan Capistrano
91
65
91
69
n/a
4
15
14
35
35
44
33
1074
962
1167
1041
n/a
56
176
212
515
600
690
623
TOTALS
city
average listing price JUNE-08
JUNE-09
average sales price
JUNE-10
JUNE-11
JUNE-08
JUNE-09
JUNE-10
JUNE-11
Aliso Viejo
$480,497
$459,742
$443,834
$442,147
$483,674
$450,031
$456,116
$369,988
Corona del Mar
$2,111,084
$2,731,104
$2,990,007
$2,705,425
$1,695,000
$1,518,659
$1,738,436
$1,809,968
Dana Point
$1,140,430
$1,354,679
$1,153,931
$1,084,050
$893,964
$842,962
$703,321
$699,582
$826,300
$689,773
$720,192
$747,828
$689,860
$652,775
$699,307
$649,568
Laguna Beach
$2,650,295
$3,382,200
$3,012,641
$2,448,429
$1,863,499
$2,682,580
$1,791,941
$1,986,143
Ladera Ranch
$786,042
$776,601
$669,486
$647,699
$723,275
$526,680
$614,070
$564,064
Laguna Niguel
$798,124
$841,126
$682,907
$797,921
$747,083
$581,198
$664,407
$644,245
Newport Beach
$1,995,762
$2,087,925
$1,988,291
$1,954,304
$1,897,703
$1,120,478
$1,505,393
$1,304,188
Newport Coast
$3,695,978
$3,155,150
$2,910,591
$3,024,895
$2,032,850
$2,035,940
$2,537,750
$2,637,785
$831,196
$859,933
$806,222
$821,297
$687,284
$452,597
$520,463
$658,296
Irvine
San Juan Capistrano
city
sales price/list price
sales price/original list price
average days on market
JUNE-08
JUNE-09
JUNE-10
JUNE-11
JUNE-08
JUNE-09
JUNE-10
JUNE-11
JUNE-08
JUNE-09
JUNE-10
JUNE-11
Aliso Viejo
96.64%
98.10%
99.24%
97.44%
92.55%
94.79%
97.85%
93.81%
59
71
91
91
Corona del Mar
94.85%
92.26%
94.81%
97.86%
89.64%
89.30%
87.91%
88.89%
94
122
116
201
Dana Point
95.33%
94.05%
95.75%
96.49%
89.16%
87.25%
89.86%
81.94%
77
93
125
149
Irvine
95.64%
96.60%
97.00%
96.32%
91.11%
93.65%
94.92%
93.52%
77
65
90
90
Laguna Beach
69.75%
96.19%
90.31%
93.42%
63.53%
88.44%
79.64%
87.59%
85
91
200
119
Ladera Ranch
94.41%
97.93%
98.10%
98.61%
88.24%
93.35%
94.93%
93.96%
85
88
113
135
Laguna Niguel
96.96%
96.00%
96.35%
94.59%
51.32%
91.29%
91.09%
88.43%
78
73
109
128
Newport Beach
88.37%
94.50%
93.22%
92.08%
85.91%
8.73%
87.75%
88.45%
98
125
125
112
Newport Coast
65.20%
93.25%
89.98%
94.35%
62.43%
83.38%
88.71%
92.98%
139
145
98
81
San Juan Capistrano
93.12%
95.41%
94.92%
94.28%
85.66%
88.34%
92.27%
88.87%
94
92
104
111
The above is based on information from the Association of Realtors/Multiple Listing Service as of 07.13.2011 and/or other sources. Display of the MLS data is deemed reliable but not guaranteed by the MLS or HÔM Real Estate Group and may not represent all activity in the market. The information represents activity of all Brokers, the HÔM Real Estate Group Broker or Agent providing the information contained herein may or may not have been the Listing Agent and/or Selling Agent.
market area MARKET AREA
active 07/10/2011
in escrow
closed listings
average sales price
B - 07/10/2011 P - 07/10/2011 JUNE-10 JUNE-11 Q2 2010 Q2 2011
JUNE-10
JUNE-11
Q2 2010
Q2 2011
Newport Heights
Detached Attached All
20 41 61
7 13 20
4 7 11
4 5 9
2 5 7
13 20 33
7 25 32
$1,075,750 $498,200 $754,888
$1,825,000 $446,580 $840,414
$1,914,307 $458,550 $1,032,030
$1,651,428 $466,556 $725,746
West Bay Santa Ana Heights
Detached Attached All
56 6 62
12 0 12
9 1 10
13 1 14
14 0 14
27 1 28
35 2 37
$1,399,538 $1,195,000 $1,384,928
$1,203,714 $1,203,714
$1,280,129 $1,195,000 $1,277,089
$1,209,685 $357,500 $1,163,621
West Newport Lido
Detached Attached All
81 35 116
4 5 9
3 2 5
6 5 11
5 2 7
16 9 25
16 7 23
$2,234,166 $924,000 $1,638,636
$1,131,000 $580,250 $973,642
$2,529,687 $916,000 $1,948,760
$1,648,231 $793,642 $1,388,139
Lower Newport Bay Balboa Island
Detached Attached All
59 3 62
2 0 2
3 0 3
6 1 7
4 0 4
16 1 17
15 0 15
$3,014,166 $2,100,000 $2,883,571
$3,175,000 $3,175,000
$2,373,000 $2,100,000 $2,356,941
$2,714,333 $2,714,333
Balboa Peninsula
Detached Attached All
55 10 65
0 0 0
2 1 3
3 1 4
5 2 7
10 3 13
10 4 14
$2,150,000 $1,110,000 $1,890,000
$3,249,600 $537,500 $2,474,714
$2,720,000 $1,220,000 $2,373,846
$2,977,800 $596,250 $2,297,357
East Bluff Harbor View
Detached Attached All
101 99 200
10 17 27
6 6 12
12 6 18
12 18 30
44 30 74
43 42 85
$1,518,250 $694,833 $1,243,777
$1,497,500 $760,733 $1,055,440
$1,605,284 $781,945 $1,271,498
$1,629,395 $815,845 $1,227,405
Corona del Mar Spyglass
Detached Attached All
105 58 163
11 6 17
9 5 14
17 13 30
8 9 17
40 24 64
37 28 65
$2,168,941 $1,098,930 $1,705,269
$2,624,875 $922,277 $1,723,500
$2,214,437 $1,072,406 $1,786,175
$2,552,216 $1,109,262 $1,930,636
Newport Coast
Detached Attached All
99 19 118
16 5 21
10 1 11
15 1 16
10 2 12
40 13 53
35 11 46
$2,475,634 $1,400,000 $2,408,407
$2,565,400 $762,500 $2,264,916
$2,682,750 $806,688 $2,222,584
$2,475,700 $740,818 $2,060,836
Crystal Cove
Detached Attached All
28 3 31
1 0 1
1 0 1
2 0 2
2 0 2
15 0 15
5 0 5
$3,572,500 $3,572,500
$4,875,000 $4,875,000
$3,944,433 $3,944,433
$3,672,000 $3,672,000
North Laguna
Detached Attached All
69 17 86
5 2 7
3 2 5
4 0 4
3 1 4
14 1 15
8 4 12
$2,758,850 $2,758,850
$3,308,333 $500,000 $2,606,250
$2,684,457 $820,000 $2,560,160
$3,794,375 $633,725 $2,740,825
Laguna Village
Detached Attached All
149 15 164
22 1 23
13 0 13
20 2 22
15 0 15
57 6 63
39 0 39
$1,864,555 $614,500 $1,750,913
$1,372,181 $1,372,181
$1,605,484 $624,000 $1,512,009
$1,429,385 $1,429,385
South Laguna
Detached Attached All
70 17 87
7 4 11
6 2 8
4 1 5
6 0 6
15 4 19
17 1 18
$1,710,000 $1,050,000 $1,578,000
$2,426,166 $2,426,166
$2,774,733 $1,012,500 $2,403,736
$2,063,970 $1,500,000 $2,032,638
Turtle Ridge
Detached Attached All
28 3 31
9 6 15
6 3 9
6 3 9
7 3 10
20 7 27
15 8 23
$1,069,000 $826,666 $988,222
$1,393,428 $569,666 $1,146,300
$1,473,550 $669,857 $1,265,185
$1,426,676 $637,375 $1,152,136
Costa Mesa Eastside
Detached Attached All
47 20 67
20 8 28
14 7 21
15 6 21
15 4 19
41 14 55
33 9 42
$717,905 $422,833 $633,599
$748,016 $416,500 $678,223
$6,691,106 $418,773 $605,385
$717,598 $399,888 $649,517
Dana Point Monarch Beach
Detached Attached All
80 35 115
16 14 30
1 7 8
6 9 15
10 5 15
26 19 45
29 16 45
$1,138,583 $516,055 $765,066
$1,315,330 $349,380 $953,393
$1,424,438 $432,002 $1,005,410
$1,656,224 $434,111 $1,221,695
Laguna Niguel NS
Detached Attached All
81 50 131
22 22 44
8 9 17
19 12 31
20 11 31
44 38 82
44 37 81
$1,030,421 $384,375 $780,338
$1,359,220 $328,818 $993,593
$1,078,985 $396,442 $762,684
$1,198,418 $368,305 $819,230
Oceanfront Laguna Beach
Detached Attached All
34 19 53
1 1 2
1 1 2
0 1 1
0 0 0
2 1 3
3 0 3
$1,050,000 $1,050,000
-
$11,600,000 $1,050,000 $8,083,333
$6,058,333 $6,058,333
Oceanfront Newport Beach
Detached Attached All
18 2 20
1 1 2
1 0 1
1 1 2
3 0 3
1 2 3
5 0 5
$3,300,000 $1,600,000 $2,450,000
$3,544,333 $3,544,333
$3,300,000 $1,750,000 $2,266,666
$3,592,100 $3,592,100
Bayfront Newport Beach
Detached Attached
47 10
2 1
2 0
5 3
1 0
11 4
6 4
$4,650,000 $1,711,666
$6,000,000 -
$5,008,636 $1,446,250
$4,975,000 $971,250
All
57
3
2
8
1
15
10
$3,548,125
$6,000,000
$4,058,666
$3,373,500
Diamond/Crestview, Laguna Beach
$3,290,000
On an almost flat ocean view parcel, this home boasts gardens large enough for a pool - unusual for a property with such stunning coastline and Catalina Island views. mike johnson 949.278.7333 | mjohnson@homgroup.com
Laguna Village, Laguna Beach
$1,195,000
Spectacular ocean view estate-sized parcel of more than an acre with a unique opportunity to build a substantially sized new home in Laguna Beach. mike johnson 949.278.7333 | mjohnson@homgroup.com
On The Sand
South Laguna Beach
$8,950,000
With private steps to the beach and the Montage Resort just a stroll away, an oceanfront location like this is a rare find. Just a handful of Laguna Beach homes are positioned this close to the sand. Extensively remodeled, the four bedroom home boasts a classic contemporary design, open interior spaces, and walls of glass highlighting the sunset and Catalina Island views. A gated motor court allows space for up to seven vehicles, two more in the garage. Ocean front decks are set for some amazing whale watching. mike johnson 949.278.7333 | mjohnson@homgroup.com
1200 newport center drive, suite 100 newport beach, california 92660 949.554.1200 H O MG R O U P . C O M
HOMGROUP.COM NEWPORT BEACH OFFICE | 1200 NEWPORT CENTER DRIVE, SUITE 100 NEWPORT BEACH, CALIFORNIA 92660
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L AGUNA BEACH OFFICE | 32356 SOUTH COAST HIGHWAY L AGUNA BEACH, CALIFORNIA 92651
BALBOA ISL AND OFFICE | 332 MARINE AVENUE BALBOA ISL AND, CALIFORNIA 92662
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DRE NO.01520001