$5,195,000
1112 Pembroke Lane
Newport Beach, CA
4bed4bath2,700sqft
eXp Realty of Southern California, Inc
Newport Beach
Newport Beach Real Estate
Browse homes for sale in Newport Beach • Median $4,470,000
$4,470,000Median Price
30Avg Days on Market
229Detached41Attached29Townhouse23Mobile Home21Twinhome12Res Income 2-4 Units
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About Newport Beach Real Estate
Newport Beach, California, is a picturesque coastal city renowned for its stunning beaches, vibrant lifestyle, and upscale living. Established in the late 19th century, this city has evolved from a modest fishing village to a coveted destination for residents and tourists alike. The unique topography, characterized by sandy shores and the picturesque Newport Harbor, offers residents and visitors a variety of outdoor activities, from sailing and fishing to sunbathing and beach volleyball. Newport Beach is also known for its luxurious homes, with a diverse property mix including detached homes, townhouses, and mobile homes, catering to various lifestyles and preferences.
What sets Newport Beach apart is its blend of natural beauty and sophisticated amenities. The city hosts a variety of neighborhoods, each with its own character, from the lively Balboa Peninsula to the serene enclave of Corona del Mar. Residents enjoy a lifestyle that balances leisure and luxury, with access to upscale shopping at Fashion Island, fine dining, and vibrant nightlife. The community is characterized by a strong sense of pride, with many local events and festivals that bring residents together throughout the year.
Newport Beach's appeal extends to families, young professionals, and retirees alike, thanks to its excellent schools, proximity to major employers in the tech and finance sectors, and abundant recreational opportunities. The city is also a hub for outdoor enthusiasts, with miles of scenic bike trails, parks, and marine activities. Whether you're strolling along the boardwalk or enjoying a sunset at the beach, Newport Beach offers a unique lifestyle that seamlessly combines relaxation with sophistication.
260 active listings in Newport Beach with a median price of $40,000 and average 70 days on market.
Lifestyle & Community
Living in Newport Beach means embracing a coastal lifestyle filled with sun, surf, and community spirit. The city boasts a friendly atmosphere where residents often engage in outdoor activities, from beach yoga to surfing lessons. The local culture thrives on a mix of art, music, and community events, such as the annual Newport Beach Film Festival and outdoor concerts at the park. The close-knit community fosters a sense of belonging, making Newport Beach not just a place to live but a place to truly call home.
Local Amenities
- World-class beaches
- Newport Harbor
- Fashion Island Shopping Center
- Highly-rated public and private schools
- Parks and recreational facilities
- Dining options ranging from casual to fine dining
- Art galleries and cultural institutions
- Marinas and boating access
- Well-maintained bike paths and walking trails
- Proximity to John Wayne Airport
Points of Interest
- Balboa Island
- The Wedge (famous surfing spot)
- Newport Pier
- Crystal Cove State Park
- The Orange County Museum of Art
- Balboa Fun Zone
- Lido Marina Village
- Newport Beach's annual Christmas Boat Parade
- The Pacific Coast Highway (PCH)
Market Overview
As of now, Newport Beach has 260 active listings, with a median listing price of $40,000. Homes in this desirable coastal city spend an average of 70 days on the market, indicating a competitive real estate environment. The property mix includes a variety of housing types, appealing to both families and investors. Compared to surrounding areas, Newport Beach continues to attract buyers seeking luxury and lifestyle, though buyers should be prepared for a dynamic market where properties are in high demand.
Investment Outlook
Newport Beach presents a lucrative investment opportunity, particularly in the luxury rental market. With a strong demand for vacation rentals and long-term leases, investors can expect steady rental income. The city's ongoing development trends, including new commercial and residential projects, signal potential for future growth. As a sought-after location, Newport Beach's real estate is likely to maintain its value, making it an appealing option for savvy investors.
Ideal For
Newport Beach is ideal for affluent buyers, including families seeking quality education, retirees looking for a relaxed lifestyle, and investors interested in luxury properties. First-time buyers may also find opportunities in the diverse property mix. The city's vibrant culture and stunning coastal views appeal to those who value a high-end, active lifestyle.
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Living in Newport Beach
Lifestyle
Living in Newport Beach means embracing a coastal lifestyle filled with sun, surf, and community spirit. The city boasts a friendly atmosphere where residents often engage in outdoor activities, from beach yoga to surfing lessons. The local culture thrives on a mix of art, music, and community events, such as the annual Newport Beach Film Festival and outdoor concerts at the park. The close-knit community fosters a sense of belonging, making Newport Beach not just a place to live but a place to truly call home.
Local Amenities
World-class beachesNewport HarborFashion Island Shopping CenterHighly-rated public and private schoolsParks and recreational facilitiesDining options ranging from casual to fine diningArt galleries and cultural institutionsMarinas and boating accessWell-maintained bike paths and walking trailsProximity to John Wayne Airport
Market Insights
As of now, Newport Beach has 260 active listings, with a median listing price of $40,000. Homes in this desirable coastal city spend an average of 70 days on the market, indicating a competitive real estate environment. The property mix includes a variety of housing types, appealing to both families and investors. Compared to surrounding areas, Newport Beach continues to attract buyers seeking luxury and lifestyle, though buyers should be prepared for a dynamic market where properties are in high demand.
Investment Potential
Newport Beach presents a lucrative investment opportunity, particularly in the luxury rental market. With a strong demand for vacation rentals and long-term leases, investors can expect steady rental income. The city's ongoing development trends, including new commercial and residential projects, signal potential for future growth. As a sought-after location, Newport Beach's real estate is likely to maintain its value, making it an appealing option for savvy investors.
Written with AI assistance using live MLS data, reviewed by our team.
Market Snapshot
Market Trend
Hot Market
YoY Price Change
+31.9%
Inventory
Low Inventory
Days on Market
Selling Slower
Price Distribution
$0 – $200K
91
$200K – $400K
3
$400K – $600K
9
$600K – $800K
5
$800K – $1.0M
11
$1.0M – $1.5M
9
$1.5M – $2.0M
12
$2.0M – $3.0M
28
$3.0M+
158
Explore More in Newport Beach
Newport Beach Market ReportPrices, trends & analysisCost of Living in Newport BeachHousing, rent & expensesSold Properties in Newport BeachRecent sales & closing pricesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Newport BeachSchools & ratings nearbyTransit in Newport BeachStops & stations nearbyParks in Newport BeachParks & recreation nearby
Frequently Asked Questions About Newport Beach
How many homes are for sale in Newport Beach?
There are currently 236 active residential listings in Newport Beach. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from the MLS.
What is the median home price in Newport Beach?
The median list price for homes in Newport Beach is $4,470,000. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Newport Beach?
Properties available in Newport Beach include Detached (229), Attached (41), Townhouse (29), Mobile Home (23), Twinhome (21). You can filter by property type using the search options on this page.
How long do homes stay on the market in Newport Beach?
Homes in Newport Beach spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
Is now a good time to buy in Newport Beach?
Newport Beach is currently a hot market with strong demand. Home prices have increased 31.9% over the past year. Inventory is currently low, meaning homes may sell quickly. Market conditions vary by property type and price range, so consult with a local real estate agent for personalized advice.
How often are listings updated for Newport Beach?
Listings on this page are updated multiple times per day directly from the MLS. New listings typically appear within minutes of being added to the MLS.
Are there neighbourhood-level listings for Newport Beach?
Yes. You can browse homes in specific neighbourhoods within Newport Beach using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.