CREG 3.08.24

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Located along the shimmering canal, this Eastern coastal style home offers an opportunity to reside in a prime Balboa Island location – with a coveted private boat dock to match. This spacious, approximately 2,520 square-foot fully remodeled haven offers the best of waterfront living. The bright and airy open-concept living area features iconic Newport Harbor views and abounds in elegant details, such as a sizable brick-surround fireplace with a wooden

Property: 125 Grand Canal, Newport Beach

Offering Price: $6,495,000

mantle, coffered ceilings, arched windows, and extensive custom millwork. The sun-drenched main level offers access to the two outdoor areas, with the canal-facing patio adjacent to the private dock serving as one of this home’s main highlights, ideal for enjoying the local climate and water activities year-round. On the upper floor, the water-facing primary suite is truly grand, with a vaulted beamed ceiling, walls of windows to take in the incredible views, a five-piece bathroom, and access to a large balcony via French doors. The remaining bedrooms are ample and can serve as sleeping quarters, a secondary living area, or a home office. Onsite parking for three cars, including a two-car garage, completes this residence. 125 Grand Canal features a fantastic location, with the boutiques, grocery store, and restaurants of iconic Marine Avenue steps away - and easy access on and off the island for convenience. Minutes away from Fashion Island, John Wayne Airport, and legendary local beaches.

Agent Info: John Stanaland; 949.689.9047

john.stanaland@elliman.com; johnstanaland.com DRE# 01223768

Beautifully remodeled four bedroom, two bath single level home in the Los Alamitos School District. Features include A/C, wood floors, vaulted ceilings, fireplace, skylights, stylish white kitchen with stainless steel appliances, pot filler, gas stove, and quartz counters. Gorgeous backyard with pool, jacuzzi, gas hookup for BBQ and much more. Fabulous investment opportunity with Tenants paying $5,500/month.

Laguna Beach
Laguna Beach

LAGUNA BEACH | SINGLE FAMILY HOMES

This week the median list price for Laguna Beach, CA is $4,547,500 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has decreased to 86.

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Med ia n List Price

This week the median list price for Newport Beach, CA is $5,802,299 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 114.

rk et Action Ind ex

Ma rk et Segments

Each segment below represents approximately 25% of the market ordered by price.

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

NEWPORT BEACH | SINGLE FAMILY HOMES

34 Boulder View | Shady Canyon, Irvine

$21,995,000 | 7 BEDROOMS, 7 BATHROOMS, 3 POWDER ROOMS APPROXIMATELY 9,202 SQUARE FEET OF LIVING AREA, APPROXIMATELY 23,566 SQUARE FOOT LOT

There are luxury homes—and then, there is pure architectural bliss. Nestled inside guard-gated Shady Canyon on the 6th hole of the Tom Fazio golf course, this masterpiece by architect Rob Sinclair + builder Bob Close Homes has everything to take your lifestyle to the height of perfection…and then some. This light-filled space is brimming with custom features: French oak, custom tile, marble, and French brick floors, Crestron smart home automation, and panoramic windows and sliders opening up to the lush grounds. The chef’s kitchen features top-tier Wolfe + Sub-Zero appliances, a prep island, a walk-in pantry, and an additional seated island. Recharge in the resort-inspired primary suite with dual walk-in closets, Swarovski crystal pendants, a walk-in shower, a soaking tub, and a private balcony. Take the elevator to the subterranean level to find a 3,000-bottle wine cellar, a home theater, a wet bar, an 8-car garage, a cold plunge pool + sauna. Enjoy sunset views on the grounds with a built-in Kalamazoo grill, dining area, saltwater pool, and jacuzzi. This captivating estate offers luxury in one of the most picturesque and calming environments.

John Stanaland

949.689.9047

JOHN.STANALAND@ELLIMAN.COM JOHNSTANALAND.COM @JOHNSTANALAND DRE#01223768

Deborah Robinson

949.533.2234 DEBORAH.ROBINSON@ELLIMAN.COM

401 Evening Star Lane | Dover Shores, Newport Beach

$11,995,000 | 6 BEDROOMS, 3 BATHROOMS, 1 POWDER ROOM APPROX. 3,698 SQUARE FEET OF LIVING AREA, APPROX. 6,000 SQUARE FOOT LOT APPROXIMATELY 53’ FEET OF FRONTAGE

Location and design rarely combine to result in an offering as rare as 401 Evening Star Lane - a property exhaustively remodeled in 2022, featuring exceptional design (and views!) at every turn. The interiors have been curated with bespoke finishes, from hand-selected marble to custom cabinetry, Italian hardwood flooring, lighting, millwork, and wall treatments. Offering a traditional floor plan, the main level features a living area with multiple sitting spaces, a dining room, and a fully appointed kitchen with a restaurant-grade Wolfe range, Sub-Zero refrigeration, and polished Arabescato Corchia countertops. A coveted waterfront outdoor space offers a lawn, sitting area, fire pit, cedar tub, and a new dock and pier. The thoughtful curation of spaces extends to the home’s five bedrooms - each a space with its own personality. The water-facing primary suite is a sanctum with a lavishly appointed bathroom, a walk-in closet, and access to the sundeck, which spans the length of the residence. Benefits of Dover Shores Association membership include access to its three beaches. 401 Evening Star Lane epitomizes whimsical Southern California waterfront living.

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