A Month to Remember: Stavros Group September 2021 Newsletter

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Hi Friends, 

We’ve been busy!

In August, we closed three amazing home sales and opened escrow on another to reach nearly $30 million in monthly volume.

Each is a success story all its own — from closing ABOVE the list price on our seller client’s eight-figure estate, to precisely crafting the winning offer for our buyers on a highly competitive listing in Newport Coast.

Of course, we wanted to share these amazing results with you! Check out our August Sales Recap video to see the details and these beautiful homes.

If you are interested in making a move, there are two things you should know:

  1. Despite cooling slightly this summer, the market is still red hot by historical standards. More Orange County luxury homes ($3M+) sold in August than in any month prior to 2021, and supply is at its lowest point since at least 2008 for listings priced $3M+, $5M+ and $10M+.
     
  2. Whether you are buying, selling or making an investment, you know who to call to make it happen!

Please don’t hesitate to reach out with questions. We’re always happy to help you and anyone you send our way.


Warmly,
Andy Stavros

SALES HIGHLIGHTS
HOME PREPARATION IS KEY!

A little paint, new carpet, and staging goes a long way!

Check out this amazing transformation of
25151 Rockridge Rd – Now in Escrow!

Let us be your guide in home preparation!

IN THE NEWS
Never lose money: how to follow the #1 rule in real estate investing
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NPR
Despite fears around Chinese real estate, U.S. real estate is attracting attention
View Article
Forbes
ON THE BLOG
Early fall fun in Corona Del Mar
View Post
Stavros Group Blog
Home battery backup systems: what to know before retrofitting your home
View Post
Stavros Group Blog
FEATURED LISTINGS

56 N La Senda
Laguna Beach
5 BD | 7 BA | 5,042 SQ FT
Offered at $19,995,000

Co-listed with The Altman Brothers

25151 Rockridge Rd
Laguna Hills
6 BD | 7 BA | 6,420 SQ FT
Offered at $4,295,000
RECENT SUCCESS


19 South Sur
Newport Coast

6 BD | 6.5 BA | 7,028 SQ FT
Sold for $13,550,000


24 Tideline Blf
Newport Coast

4 BD | 5 BA | 3,948 SQ FT
Sold for $8,010,000
Rep. Buyer


1631 Louise St
Laguna Beach

3 BD | 2.5 BA | 2,269 SQ FT
Sold for $2,600,000
YOURS COULD BE NEXT!

Early Fall Fun in Corona Del Mar

Now that fall has arrived in coastal Orange County, get outside and have some fun at these upcoming events in Corona del Mar!

Located in the coastal city of Newport Beach, and famous for its fine beaches, Corona del Mar is a village for creating memories. From its tidepools and cliffside views, to quaint village shops, Corona del Mar will be a hit with the whole family. 

If you are looking for fall fun in the Newport Beach area, here are two great ways to celebrate the cooler weather with your family and friends. You can participate in or spectate the newly reignited community sandcastle competition hosted this Sunday, September 26th on Corona del Mar State Beach, and register to race in the 39th Annual Corona del Mar Scenic 5K on Saturday, October 2nd. 

59th Annual Sandcastle Competition at Corona del Mar

After a year-long hiatus, the Annual Sandcastle Competition at Corona del Mar is back! On Sunday, September 26th, join fellow sculptors in this sandy architectural showdown. An ode to art and creativity, this event is fit for all ages and a ton of fun to join or just watch! This year’s theme is “Explore the World” — a poignant contrast to the seclusion that communities and individuals have faced throughout the past year.

If you’re feeling artistic, gather your team and sign up on the chamber’s website or by calling (949) 729-4400. Families and architecture firms are welcome to compete, with entry fees based on category. This event is open to the public with attractions including castle viewing, food stands, sponsor competitions, and other beach-bound activities. Get together with those you love, and enjoy this commemorative day! 

39th Annual Corona del Mar Scenic 5K

On Saturday, October 2nd, a scenic 5K run and 2-mile walk will take place in the village of Corona del Mar! This is the 39th anniversary of this highly anticipated event. Beginning at 3001 Ocean Boulevard, participants will enjoy beautiful ocean views from atop soaring bluffs, while engaging with their friends, family, and their own competitive spirits. Park for free in the Corona del Mar State Beach parking lot, opening at 6am for event-day registration. Enjoy a brief warm-up leading into the start of the Men’s 5K followed closely by the Women’s 5K Race. A pleasant, inclusive 2-Mile Fun Walk/Youth Run begins at 8:45am, for those looking to enjoy a relaxing afternoon in the sun with or without the kids. Later, the 1K Children’s Dolphin Dash is a wholesome way to end a fantastic day of racing and scenery.

To join, you can register online or walk-in on event day. Note that there is a small fee to register, which varies by event. Teams of 10 or more will receive discounts. To commemorate your experience, registration includes a Corona del Mar 5K anniversary t-shirt, race bib, swag bag, and access to the awards ceremony. Still not convinced? All registered participants will have access to the complementary Restaurant Row feast of local eateries (subject to COVID-19 restrictions), and an awesome post-event party — complete with live music, sponsors and vendors, and more. This historic occasion is one for the whole family. We look forward to seeing you there!

Corona del Mar Real Estate Agents

As your go-to resource for Corona del Mar, we love to share our knowledge of community events, neighborhoods, and of course Corona del Mar real estate. When it comes time to buy or sell a home in Corona del Mar, or if you just have questions about the Corona del Mar real estate market, please reach out for a free consultation at no obligation to you.

Contact us any time — we’re always happy to help!

 

Hi friends,

When it comes to marketing a listing, everything is on the table.

We network, post, email and advertise, from “coming soon” til the contract is signed.

Last year only emphasized the importance of marketing early and often. Restrictions to showings and open houses, wariness of buyers trudging through a listing, and a hot luxury market all contributed to the growing number of fast-paced sales.

In the last six months, Orange County homes sold for $3+ million averaged just 18 days on the market — a historic low, nearly five times faster than just a year ago. Our latest luxury listing in Newport Coast’s Crystal Cove, 19 South Sur, was under contract in just three days.

While the growing number of pocket listing and coming soon sales rings alarm bells for housing opportunity nationwide, buyers of eight-figure properties are at little risk of being shut out of the market.

A luxury or ultra-luxury home seller’s biggest risk? It’s hiring an agent without the connections or expertise to get maximum exposure from day one, and without the negotiating savvy to capitalize.

If you are looking to maximize your investment buying or selling, please don’t hesitate to reach out with questions. It’s our pleasure to help you and anyone you send our way.

Warmly,
Andy Stavros

 
IN THE NEWS
How California wildfires are changing the way we buy and sell real estate
View Article
Forbes
Home prices are now higher than the peak of the 2000s housing bubble
View Article
NPR
 
ON THE BLOG
Top 7 tips to get your home ready for a baby
View Post
Stavros Group Blog
Pop of pantone: decorate with 2021’s colors of the year
View Post
Stavros Group Blog
 
FEATURED LISTINGS

19 S Sur
Newport Coast
6 BD | 6.5 BA | 7,028 SQ FT
Sold for $13,550,000
 

56 N La Senda
Laguna Beach
5 BD | 7 BA | 5,042 SQ FT
Offered at $19,995,000

Co-listed with The Altman Brothers
 

25151 Rockridge Rd
Laguna Hills
6 BD | 7 BA | 6,420 SQ FT
Offered at $4,295,000
 
RECENT SUCCESS
1631 Louise St
Laguna Beach

3 BD | 2.5 BA | 2,269 SQ FT
Sold for $2,600,000
24 Tideline Blf
Newport Beach

4 BD | 5 BA | 3,948 SQ FT
Sold for $8,010,000 | Rep. Buyer
24102 Lapwing Ln
Laguna Niguel

4 BD | 3 BA | 2,863 SQ FT
Sold for $1,725,000
1612 Highland Dr
Newport Beach

5 BD | 4.5 BA | 4,120 SQ FT
Sold for $4,175,000
 
YOURS COULD BE NEXT!

5 Most-Visited Places in Corona Del Mar

Imagine living in a beautiful city like Corona Del Mar where you have so many wonderful spots to explore! These spots exude excitement, community, adventure and more. Here are some spots that locals love.

1. Sherman Library & Gardens. 

The Sherman Library & Gardens is the perfect place for all ages. The Gardens provide a museum of living plants, displayed amidst a setting of immaculate gardens, patios and conservatories linked together by wide brick walkways, and beds blooming with seasonal flowers and bubbling tile fountains. They also have a Sensory Garden that’s perfect for children because they are encouraged to feel and smell the plants. The Gardens also has a dining option at “Cafe Jardin.”

Sherman Library & Gardens is located at 2647 East Pacific Coast Highway, Corona del Mar, Newport Beach, CA 92625. Admission is free on the first Monday of every month. On other days, admission is $5 for adults, $3 for children ages 12-18, and free for children under 12.

2. Corona Del Mar State Beach

Corona del Mar State Beach, also known as “Crown of the Sea” and “CdM,” is a part of Newport Beach. Corona del Mar is uniquely known for the vintage cottages and stunning new houses side-by-side on flower-named residential streets that are right by the beach. Corona Del Mar offers beautiful views as a perfect backdrop for jogging, ocean swims, stair climbing along with a a variety of activities from surfing and skimboarding to volleyball. At this beach, the Inspiration and Lookout Points are two of the most magnificent places to catch the stunning Newport Beach sunsets.

Corona del Mar State Beach is located at 3001 Ocean Blvd, Corona Del Mar, CA 92625. Parking is $4/hour between 9am-6pm during the summer. You check the city parking info here.

3. Roger’s Gardens

Roger’s Gardens is a family-owned business that has been a landmark of Corona del Mar for more than 30 years. Their motto is “We Bring Beauty Into Your Home & Garden.” They provide excellent advice and service for customers seeking creative ideas and unique products for outdoor and indoor living as well as hundreds of decorative plant arrangements that are designed and created in-house. Roger’s Gardens is the perfect place if you’re looking for an indoor/outdoor garden consultation, landscaping advice, planting service, or an outdoor living consultation.

Roger’s Gardens is located at 2301 San Joaquin Hills Road Corona del Mar, CA 92626.

4. Port Theater

Port Theater is a locals’ favorite spot to catch the newest movie releases and also known as “Orange County’s Premiere Luxury Theater.” After nearly fifteen years of hiatus and extensive renovations, Port Theater wanted to provide the residents of Corona del Mar with a best-in-class movie going experience. When the opening of multiplex theaters began to threaten business, Port reinvented itself with new and exciting ways to attract customers using costume, artistic film selections and sometimes live entertainment on stage.

Port Theater is located at 2905 East Coast Highway Corona del Mar, CA 92625. The price range for admission is $15-$20.

5. Pedego Corona Del Mar

Pedego Corona Del Mar allows you to rent electric bikes that are perfect for having fun, getting exercise, breathing in fresh air, and enjoying the outside environment to take in the beauty of Corona del Mar. Pedego Corona Del Mar also offers electric bike tours that allow you to ride over the Pacific Ocean coastline, meander through the bay, or leisurely ride through beautiful estates.

Pedego Corona Del Mar is located at 2515 East Coast Hwy, Corona del Mar, Newport Beach, CA 92625. They are open Sunday through Sunday from 10AM – 6PM. Locals suggest that the best duration for loads of fun is between 2-3 hours.

Well what are you waiting for? Go check out all these awesome things you can do in Corona del Mar and contact the Stavros Group for more fun things to do in this gorgeous city!

Top 5 Reasons to Move to Newport Beach

What’s Not to Love?
Newport Beach has it all: perfect weather, incredible beaches, a bustling harbor area, major events throughout the year, and some of the best shopping you will find anywhere.

 

Eighty-seven thousand residents call Newport Beach home. We have the benefit of nearly perfect weather year-round. Look up the work “temperate” in the dictionary, and it will probably have a picture of Newport Beach. September is our hottest month, with an average of 73 degrees. January only gets down to 56 degrees. If you want to hit the water, August is the best month to do it, when the average sea temperature is 69 degrees.

 

Let’s Take a Look Around
Newport Beach is not so much a city but a collection of villages, each with their own distinct style and vibe. Come to Newport Beach and our team at Stavros Group will show you:

 

Balboa Peninsula and “the Wedge” which consists of a 3-mile stretch that has Newport Harbor on one side and the Pacific Ocean on the other. The Wedge is one of the best bodysurfing sites in the world. When the swell comes in you can catch surfers and boogie boarders in action: many come from as far away as Hawaii and Australia to catch the 20-foot waves. Not into body surfing? We hear you! Then lace up your shoes for one of the areas most popular boardwalks, the Ocean Front Walk. If you like to cook, head to the Dory Fishing Fleet, where local fishermen bring in their fresh catch of the day. Head a mile to the south of Newport Pier is the Balboa, which includes a pier, a Fun Zone, and historic pavilion. You can catch a ferry boat ride to Balboa Island from here.

 

Balboa Island is actually three islands in one: Balboa Island, Little Balboa Island and Collins Island. Balboa Island is just filled with charm: the main street is called Marine Avenue and is lined with restaurants, art galleries, and unique shops. If you want to get your steps in, this is a great place to do it, as “The Island” has fantastic walking paths that encircle the perimeter.

 

Fashion Island and Newport Center offer some high and mid-rise office space as well as one of the most exclusive outdoor shopping and restaurant destinations in southern California.

 

Lido Marina Village is a great destination for shoppers who like waterfront dining, stores, the historic Lido Theater and breathtaking views of the harbor.

 

Mariner’s Mile is aptly named for the yacht brokerages, marine supply stores, terrific restaurants, and the gorgeous Balboa Bay Club & Resort. It is all things sailing, and is located between the Arches Interchange and Dover Drive.

 

Corona Del Mar is Spanish for “The Crown of the Sea.” If you are looking for a beautiful spot to see the sunset, or you are wanting that perfect place to test-drive your new camera, Corona Del Mar has you covered. The Corona Del Mar State Beach and the Robert E. Badham Marine Conservation Area, Lookout and Inspiration Points offer some of the best views of the Pacific Coastline, and the entrance to Newport Harbor. Walk a few blocks in to the downtown area and you will find trendy shops and restaurants.

 

Newport Coast combines new and old. It was annexed into the City of Newport Beach in 2002, and includes new homes, upscale hotels, and the Pelican Hill Golf Course. Oh, by the way, the Pelican Hill Golf Course was rated the #1 golf course in the world by Conde Nast. If you are looking for incredible coastline views, go to the Crystal Cove State Park, which includes three miles of coastline, and historic restored homes from the 1930s.

 

Looking to Buy?
At the Stavros Group, we know practically every inch of Newport Beach and pride ourselves on helping our clients find the perfect place to call their new home. Contact us so we can show you this wonderful area we love!