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Living the Island Life on Balboa Island

Balboa Island is a man-made island nestled in the heart of Newport Harbor, offering an idyllic coastal lifestyle. The island is known for its relaxed, friendly ambiance and strong sense of community. Residents enjoy strolling along the waterfront boardwalk that encircles the island, dining at charming local eateries, and browsing the unique shops and boutiques along Marine Avenue.

The island’s prime location provides easy access to Newport Beach’s beautiful beaches, world-class golf courses, and the upscale shopping and dining at Fashion Island. Balboa Island is also just a short ferry ride away from the Balboa Peninsula, home to the historic Balboa Pavilion and Fun Zone amusement area.

Aerial view of Balboa Island homes and boats in Newport Harbor
Explore Balboa Island homes for sale with the Stavros Group, top Newport Beach luxury realtors.

Balboa Island Homes For Sale: A Buyer’s Guide

Balboa Island real estate consists primarily of single-family homes, ranging from original 1920s beach cottages to newly built luxury residences. Many homes boast water views or are situated directly on the bayfront, offering private docks and stunning vistas of Newport Harbor.

While Balboa Island is a relatively small community, there are several distinct neighborhoods to consider:

Whether you’re seeking a turnkey property or a home to renovate and make your own, our experienced Balboa Island real estate agents can help you find the perfect fit. Browse our latest Newport Beach and Balboa Island homes for sale to view active listings.

Sitting room with water views in a Balboa Island luxury home
Many Balboa Island properties feature expansive windows showcasing picturesque harbor vistas.

Balboa Island Real Estate Market Trends

The Balboa Island housing market remains highly competitive due to the island’s limited inventory and enduring allure. In Q1 2024, the median home sale price on Balboa Island was $4,650,000, a significant 22.4% increase year-over-year. (Data via CA Regional MLS)

An uptick in new listings, active listings, and pending sales in early 2024 points to a strong spring selling season ahead. While rising mortgage rates have impacted affordability, continued high demand and well-funded buyers, bolstered by a thriving stock market, are expected to keep Balboa Island real estate activity afloat.

As one of the top luxury real estate teams in Newport Beach, the Stavros Group has the pulse on the latest Balboa Island market trends. Reach out to us for an in-depth market analysis and let’s discuss your real estate goals.

Waterfront patio with fire pit and seating area on Balboa Island
Enjoy the ultimate in indoor-outdoor living with Balboa Island’s exceptional waterfront homes.

Your Balboa Island Real Estate Experts

With its irresistible charm and prime location, Balboa Island is one of Newport Beach’s most sought-after neighborhoods. Allow the Stavros Group’s experienced luxury realtors to guide you through the Balboa Island real estate market. We’ll help turn your dream of owning a slice of island paradise into reality.

Andy Stavros

DRE #: 01408840

Phone: 949.290.0139

Email: andy.stavros@elliman.com

12 Corporate Plaza #250, Newport Beach, CA 92660


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Uncovering Coastal Luxury in Newport Beach

Newport Beach, renowned for its pristine beaches and affluent lifestyle, is home to several world-class shopping destinations that cater to the most discerning tastes. At the forefront is Fashion Island, a premier open-air shopping center that seamlessly blends high-end designer boutiques, specialty stores, and world-class department stores like Neiman Marcus and Bloomingdale’s. With over 200 stores and restaurants set against a backdrop of ocean views, palm trees, and fountains, Fashion Island offers a truly luxurious shopping experience.

Another must-visit destination in Newport Beach is Lido Marina Village, a chic waterfront shopping and dining enclave along Newport Harbor. Here, upscale boutiques like Jenni Kayne, Faherty, and Velvet by Graham & Spencer coexist harmoniously with home decor stores and restaurants, all infused with a relaxed coastal vibe.

Louis Vuitton store logo on a building with intricate carved details
Indulge in high-end fashion at designer boutiques in coastal OC.

Corona del Mar: A Mediterranean-Inspired Shopping Oasis

Just a short drive from Newport Beach lies the affluent seaside community of Corona del Mar, where the Corona del Mar Plaza beckons with its Mediterranean-style architecture and upscale offerings. This charming plaza features retailers like Tommy Bahama, Chico’s, and Sprinkles Cupcakes, along with a variety of restaurants and a grocery store, providing a one-stop destination for all your luxury shopping and dining needs.

Two men standing near golf clubs in a golf store
Coastal Orange County offers a variety of specialty stores catering to the luxury lifestyle.

Laguna Beach: Where Art and Fashion Converge

No discussion of luxury shopping in coastal Orange County would be complete without mentioning the charming downtown area of Laguna Beach. This picturesque seaside town is a haven for unique boutiques, art galleries, and local artisan shops, each offering a curated selection of one-of-a-kind pieces and handcrafted treasures.

The HIP District (Historic and Interesting Places), Lumberyard Plaza Shopping Center, and Marine Avenue on Balboa Island are just a few of the must-visit destinations in Laguna Beach, where you can immerse yourself in the local art scene while indulging in some retail therapy.

BONUS: South Coast Plaza

While not directly on the coast, no luxury shopping experience in Orange County would be complete without a visit to the iconic South Coast Plaza in Costa Mesa. Widely regarded as one of the largest luxury shopping destinations in the United States, South Coast Plaza boasts over 250 boutiques and 30 restaurants, housing high-end brands like Cartier, Harry Winston, Gucci, and Saint Laurent, as well as the West Coast’s only Tiffany & Co. Blue Box Café. This world-renowned shopping mecca is a true testament to the region’s commitment to luxury and style.

A woman holding red and white shoes in a shore store
Explore unique boutiques and local artisan shops for one-of-a-kind fashion pieces.

Luxury Living in Orange County’s Coastal Cities

From the upscale shopping centers of Newport Beach to the charming boutiques of Laguna Beach and Corona del Mar, the coastal cities of Orange County offer an unparalleled luxury retail experience. Whether you’re in search of designer fashion, fine jewelry, or unique artisan pieces, these destinations cater to the most discerning tastes, providing a true haven for those seeking the ultimate in luxury living.

As the go-to authority for luxury real estate along Orange County’s prestigious coast, The Stavros Group, led by President Andy Stavros, understands the importance of embracing the region’s upscale lifestyle. With an unwavering commitment to professionalism, attention to detail, and unmatched service, the Stavros Group is dedicated to helping clients find their dream homes in these coveted coastal communities, where luxury shopping and dining are just steps away.

 

Andy Stavros

DRE #: 01408840

Phone: 949.290.0139

Email: andy.stavros@elliman.com

12 Corporate Plaza #250, Newport Beach, CA 92660


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Real Estate in Cameo Shores: Exquisite Homes with Breathtaking Ocean Views

Cameo Shores real estate consists of approximately 170 meticulously crafted homes, each designed to maximize the awe-inspiring ocean vistas of this coastal Orange County location. The terraced layout ensures that nearly every residence enjoys a spectacular view of the Pacific.

From the oceanfront mansions on Brighton Road to the elegant estates on the community’s upper streets, real estate in Corona del Mar and Cameo Shores caters to the most discerning buyers seeking the ultimate in coastal luxury.

Luxury Cameo Shores home with infinity pool overlooking the Pacific Ocean at sunset
Experience breathtaking ocean sunsets from your own backyard oasis in Cameo Shores, Corona del Mar

Private Beaches and Trails in Cameo Shores

One of the most alluring aspects of owning Cameo Shores real estate is the exclusive access to the neighborhood’s private beaches. Residents can enjoy the pristine sandy shores and dramatic rock formations from two separate entrances. The beaches offer a tranquil escape from the hustle and bustle of everyday life, allowing homeowners to relax and unwind in their own private coastal oasis.

In addition to the beaches, Cameo Shores residents have access to scenic trails that wind through the prestigious Pelican Hill Golf Course, ultimately leading to the renowned Crystal Cove State Beach. Here, you can indulge in a delightful breakfast at the Beachcomber Cafe while taking in the breathtaking views.

Aerial view of Cameo Shores homes showcasing the terraced layout and ocean views
Nearly every home in Cameo Shores boasts stunning ocean vistas thanks to the neighborhood’s terraced design

Cameo Shores’ Prime Location Near Upscale Amenities

Cameo Shores’ prime location in Corona del Mar puts residents just moments away from the charming Village of Corona del Mar, known for its upscale dining and shopping options. Enjoy a morning coffee at Starbucks or Zinc Cafe before strolling through the village’s boutiques and galleries.

For golf enthusiasts, the nearby Pelican Hill Golf Course offers world-class golfing with its two 18-hole courses designed by Tom Fazio. The Resort at Pelican Hill also features luxurious accommodations, a spa, and fine dining restaurants for those seeking a indulgent staycation.

Elegant living room in a Cameo Shores luxury home with bifold doors opening to the pool and ocean
Seamless indoor-outdoor living is the hallmark of Cameo Shores’ exquisite homes

Discover Your Dream Home in Cameo Shores Real Estate

If you’re searching for the ultimate in coastal luxury living, look no further than Cameo Shores real estate. With its stunning homes, private beaches, and access to the best of Corona del Mar, this exclusive enclave is the perfect place to call home.

Contact Cameo Shores luxury real estate expert Andy Stavros today to start your journey toward finding your dream home in this one-of-a-kind coastal community. Experience the unparalleled beauty and luxury of Cameo Shores.

Andy Stavros

DRE #: 01408840

Phone: 949.290.0139

Email: andy.stavros@elliman.com

12 Corporate Plaza #250, Newport Beach, CA 92660

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Coastal Orange County, encompassing Newport Beach, Corona del Mar, and Laguna Beach, is a region synonymous with luxury living. Beyond its opulent real estate, this area offers a lifestyle rich in hidden culinary delights, secluded beaches, and a vibrant local art scene. This guide is your key to unlocking the exclusive experiences that define luxury living in Coastal Orange County.

Hidden Culinary Delights in Coastal OC

The culinary landscape of Coastal Orange County is a treasure trove of hidden gems, where the flavors are as sophisticated as the locales themselves. From farm-to-table eateries nestled in the heart of Laguna Beach to waterfront dining experiences in Newport Beach, the region caters to the most discerning palates with an array of dining options that blend local ingredients with global culinary techniques.

Farmhouse at Roger’s Gardens (Corona del Mar): A culinary haven that offers a farm-to-table experience, where the rustic elegance of the dishes matches the beauty of its garden setting.

The Deck on Laguna Beach: Offers a laid-back yet luxurious dining experience right on the beach, where you can savor fresh seafood while enjoying the stunning ocean views.

Sunny day at Newport Beach with clear skies and the iconic pier in the background
Soak up the sun and vibrant atmosphere at Newport Beach’s famous pier.

OC Beaches, Coves, and Outdoor Adventures

The coastline of Coastal Orange County is dotted with hidden beaches and coves, offering a serene escape from the hustle and bustle. Whether it’s a secluded spot in Laguna Beach for a quiet day by the sea or an adventurous paddle boarding experience in the calm waters of Corona del Mar, the region’s outdoor adventures are as diverse as its landscapes.

Crystal Cove State Park: A sprawling park that offers miles of undeveloped coastline, perfect for exploring hidden coves and tidepools.

Thousand Steps Beach (Laguna Beach): Despite its name, a few hundred steps lead you to one of Laguna’s most secluded beaches, offering a quiet retreat with stunning views.

Vibrant close-up of an abstract modern art painting reminiscent of OCMA's contemporary collection
Dive into the world of contemporary art with pieces that challenge and inspire.

Local Art and Culture on the Orange Coast

The vibrant art scene in Coastal Orange County is a testament to the region’s rich cultural heritage. From the renowned art galleries of Laguna Beach to the community-driven cultural events in Newport Beach, the area is a hub for artists and art enthusiasts alike.

Orange County Museum of Art (OCMA): A few miles inland from Newport Beach in Costa Mesa, the Orange County Museum of Art is a local institution. With its focus on contemporary art, OCMA showcases rotating exhibitions that highlight the creative talents of the region.

Laguna Art Museum: Dedicated to California art, this museum offers a deep dive into the state’s unique artistic history, from the early 19th century to the present day.

Scenic view over Newport Beach businesses leading to the sparkling waters of the Pacific Ocean
Discover the charm of Newport Beach’s bustling streets and serene ocean vistas.

Embrace the Luxury Lifestyle: Coastal Orange County’s Best-Kept Secrets

Coastal Orange County is more than a collection of luxurious homes. It’s a lifestyle with unique experiences that cater to tastes for sophistication and leisure. From the hidden culinary delights and secluded beaches to the vibrant local art scene, this guide invites you to explore the exclusive experiences that make Newport Beach, Corona del Mar, and Laguna Beach the epitome of luxury living. Whether you’re considering making this region your home or simply seeking to uncover its hidden gems, Coastal Orange County offers a world of luxury waiting to be discovered.

Ready to dive in? When you need trusted real estate advice to buy or sell your next home in Coastal Orange County, reach out to our top-ranked team for expert guidance and honest feedback. Look forward to hearing from you.

Andy Stavros

DRE #: 01408840

Phone: 949.290.0139

Email: andy.stavros@elliman.com

12 Corporate Plaza #250, Newport Beach, CA 92660


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Orange County Luxury Real Estate Market Data

Here are the latest numbers as of the end-of January 2024. Because each month can vary widely with a small sample size, these totals are a 3-month rolling average through January 2024 (Nov/Dec/Jan). Percentage changes are compared year-over-year.

Median Home Sale Price
Newport Beach: $3,185,000 | +18.0%
Laguna Beach: $2,905,000 | +6.6%
Corona del Mar: $3,997,500 | +8.0%

New Listings
Newport Beach: 175 | +10.1%
Laguna Beach: 90 | +15.4%
Corona del Mar: 70 | +37.3%

Active Listings
Newport Beach: 168 | -10.6%
Laguna Beach: 138 | +13.1%
Corona del Mar: 81 | -2.4%

Pending Sales
Newport Beach: 104 | +10.6%
Laguna Beach: 44 | +7.3%
Corona del Mar: 44 | +25.7%

Closed Sales
Newport Beach: 118 | +29.7%
Laguna Beach: 57 | +26.7%
Corona del Mar: 44 | -2.2%

Days on Market
Newport Beach: 27 | 0.0%
Laguna Beach: 44 | +29.4%
Corona del Mar: 27 | -30.8%

Months Supply of Listings
Newport Beach: 3.4 | -2.9%
Laguna Beach: 6.3 | +31.3%
Corona del Mar: 5.0 | +28.2%

All data is from the California Regional Multiple Listing Service, INC.

Luxury open-concept living room featuring a floor-to-ceiling fireplace and expansive ocean views, showcasing high-end real estate in Coastal Orange County's Newport Beach, Laguna Beach, and Corona del Mar.
Step inside the epitome of coastal OC luxury real estate in Newport Beach, Laguna Beach, and Corona del Mar.

Insights into Orange County Luxury Real Estate Trends

What insights into OC luxury real estate can we take from the data above?

Prices Rising
Although supply and demand varies, Newport Beach, Laguna Beach, and Corona del Mar are seeing homes sell for higher prices than this time last year. This suggests that buyers are well-funded and confident about the future.

More New Listings
It’s not just buyers who are optimistic: new listings are also up across the board. Sellers are getting off the fence to make their move. This is a great sign for an Orange County market continually defined by tight supply.

Demand Still Outweighs Supply
Even though we are seeing more new listings hit the market, in many cases the increased pace of sales has gobbled up any potential increase in active listings. (Of the three cities, only Laguna Beach had more homes on the market this January than last year.)

Pace of Sales a Mixed Bag
Corona del Mar saw the greatest increase in speed of sale, with sellers accepting an offer more than 30% faster than last year, spending an average of less than four weeks on the market. Sales in Newport Beach were similarly quick but unchanged from last year. Laguna Beach was the outlier with a nearly 30% increase in days-on-market, also reflected in the city’s growing number of active listings. However, these numbers fluctuate wildly, and Laguna Beach is currently trending faster with a median offer accepted in just 32 days this January.

Elegant outdoor luxury living area with built-in BBQ/kitchen, dining space, and lounge in Coastal Orange County, embodying the lavish lifestyle of Newport Beach, Laguna Beach, and Corona del Mar's prime real estate.
Experience the ultimate in outdoor luxury living in Coastal Orange County.

Future Outlook for Coastal Orange County Luxury Real Estate

As we look ahead, two major factors stand out: the influence of financial markets and mortgage rates on the luxury real estate sector in Orange County.

With stock prices currently soaring near record highs, it’s no big surprise that luxury home buyers are willing to spend more today for the home they want.

Mortgage rates, however, remain elevated for the moment. While analysts still predict a gradual decrease in rates this year, recent jobs and inflation reports have pointed at rates staying a bit higher for a bit longer. While the Fed maintains a conservative approach, there’s a lot of activity waiting in the wings.

View from the beach up to the majestic bluffs where luxury homes nestle in Coastal Orange County, with the vast Pacific Ocean extending into the horizon, capturing the essence of Newport Beach, Laguna Beach, and Corona del Mar's exclusive real estate.
From the sandy shores to the soaring bluffs, discover where luxury meets the sea in Coastal Orange County.

Navigating Coastal Orange County Luxury Real Estate with The Stavros Group

The Coastal Orange County luxury real estate market continues to exhibit strength and resilience, characterized by rising prices, an increase in new listings, and a competitive pace of sales.

As we monitor the complexities of financial markets and mortgage rates, The Stavros Group, led by Andy Stavros, remains a trusted partner in achieving your real estate goals. With our commitment to excellence and a deep understanding of the Orange County luxury market, we are here to offer you personalized, expert guidance.

For more insights and to stay ahead in the luxury real estate market, we invite you to connect with us. Let’s explore the opportunities that await in Newport Beach, Laguna Beach, and Corona del Mar together. Your dream property could be just a conversation away.

Andy Stavros

DRE #: 01408840

Phone: 949.290.0139

Email: andy.stavros@elliman.com

12 Corporate Plaza #250, Newport Beach, CA 92660


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Creating an indoor-outdoor living space in your Orange County home not only enhances the luxury lifestyle while you live in it but may also add significant value to the property when it comes time to sell.

Embracing the Outdoor Living Room in Orange County

Inspired by expert advice of professional designers, this post will guide you through the basic steps to create a luxurious outdoor living room with a focus on year-round comfort, durability, and elegance. If you decide to go down this route, please feel free to reach out for any professional recommendation you may need. As top Realtors in Orange County’s luxury coastal communities of Newport Beach, Laguna Beach and Corona del Mar, we have a network of trusted vendors and contractors with whom we are happy to connect you.

“Spending more time outdoors, even in cold weather, became the new normal in 2020, and years later, that trend lives on,” says Martha Vicas, a Washington D.C-based designer, to Mansion Global. The outdoor living room has become a cornerstone of luxury real estate in Orange County, especially in the luxury coastal communities of Newport Beach, Laguna Beach, and Corona del Mar. Designed for relaxation and entertainment, these spaces blend luxury and nature in perfect harmony. Before you break ground, the key to a successful outdoor living room is to create a space that is both functional and inviting, allowing you to enjoy your home’s exterior space in any weather.

Cozy loggia outdoor living space with gas fireplace for year-round enjoyment
Warm up your outdoor living space with efficient and elegant heating solutions.

 

Outdoor Living Room Heating for Year-Round Comfort

We benefit from beautiful mild weather on the Orange Coast, but the evening ocean breeze can still carry a chill. Architect JP Ward of Anthony Wilder Design/Build emphasizes the versatility of heating options for outdoor spaces: “Fireplaces and heating elements can make a screened porch usable year-round.”

Integrating heating solutions such as gas fireplaces, infrared ceiling heaters, and underfloor heating can transform your outdoor space into a year-round haven. These features add warmth during cooler months and enhance the ambiance of your outdoor living room. Designers emphasize the importance of selecting heating options that blend seamlessly with the space’s aesthetic while providing efficient warmth.

Outdoor kitchen for grilling on hardscape by pool.
Select durable materials and quality appliances to ensure your outdoor living area holds up.

 

Durable Materials and Appliances for Your Outdoor Living Space

Kate Donahue, architect at Four Brothers Design + Build, advises on the necessity of choosing the right materials: “I recommend exterior-grade materials wherever possible… We ensured that all finishes and fixtures were approved and rated for outdoor use.” Maybe this goes without saying, but choosing materials and appliances that can withstand the elements is crucial for the longevity of your outdoor living space.

Opt for water-resistant fabrics, exterior-grade finishes, and appliances designed for outdoor use. This ensures that your outdoor living room remains beautiful and functional through all seasons, reflecting the durability and quality expected in Orange County luxury homes.

Outdoor living area with pool table and couches.
Eat, play, relax. In a well-designed outdoor living space, you can do it all.

 

Designing for Coziness and Luxury in Your OC Outdoor Living Area

Martha Vicas again provides valuable advice on achieving the perfect balance between practicality and luxury: “A four-season room needs to accommodate people coming directly from a pool, tennis court, or other outdoor activity. At the same time, it needs to feel cozy and luxurious.” The essence of a luxurious outdoor living room lies in its ability to offer comfort and opulence. Incorporate plush textiles, high-end appliances, and natural materials to create a welcoming yet elegant space. The right mix of cozy textiles and luxurious amenities can turn your outdoor living area into a preferred relaxation spot, reflecting the sophisticated lifestyle offered by Orange County luxury real estate.

An indoor-outdoor living room is a lifestyle upgrade and potentially a smart investment in the luxury real estate market of Orange County. If you are considering a change in your lifestyle, whether you want to renovate your current home or sell and buy another, let’s chat about how we can help. As top luxury Realtors in Newport Beach, Laguna Beach and Corona del Mar, the Stavros Group has a proven track record of success.

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