Information about Newport Beach California Real Estate
Newport Beach California has the highest per-capita ownership of Mercedes Benz automobiles in the
entire world.
Houses on the bay and on the Newport peninsula rank among the most expensive on the
west coast of the United States, which puts them in the running for some of the most expensive real-estate,
per foot, in the entire world.
City of Newport Beach California
Home of the O.C. and the Balboa Bar, Newport Beach California represents some of the new-old money
of the west coast.
Though these houses aren’t historic estates, the peninsula was built up in the 50s and 60s, which
sets the rich development of Newport apart from the even newer big money developments of Silicon Valley which
cropped up by the hundreds in the early 90s.
The rich of Newport occupy an interesting middle ground between the old money of the steel and oil
families of the early 19th and 20th centuries and the ultra-new money of those who made it big during the tech
boom.
However you look at it, Newport Beach California means money. When you drive Pacific Coast
Highway through town you’ll pass yacht dealers situated across from Ferrari and other exotic car
dealerships.
I’ve seen more Bentleys in the Newport area than anywhere I’ve ever seen; they’re lined up in ritzy
supermarket parking lots like Accords and Camrys back in the real world.
I worked as a caterer near Newport for awhile and waited on small, friend-and-family Christmas
gatherings which included 200-name guest lists, carolers, magicians, and dozens of staff.
In order to reach the house where the party was being hosted I had to get past an armed security
guard at the gatehouse that kept the riff-raff out of the gated community.
Though the clientele is posh and the real-estate astronomically expensive, it isn’t tough to
imagine why the rich decided to settle there.
Newport Beach California is a beautiful area, with around 300 days of sunshine a year and beautiful
views of Catalina Island and the Pacific Ocean.
Thanks to the influx of money in the area, Newport boasts a great school system and amazing
restaurants. On a nice day you can walk for hours up and down the boardwalk, people watching and checking out
the surfers lined up on the breakers.
Sure, the rent for a two-bedroom apartment may be more in Newport than the mortgage payment on a
house in many parts of the country, it’s a pretty good bet that those houses aren’t a block from the beach and less
than an hour from Hollywood or L.A.
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