Casey Lesher
Phone
(949) 702-7047
Email
[email protected]
Browse luxury homes for sale, condos, and more with expert Newport Beach real estate agent, Casey Lesher.
Newport Beach is a highly sought-after real estate location, known for its beautiful beaches and upscale neighborhoods. Newport Beach real estate ranges from charming beach cottages to luxurious waterfront estates with a variety of styles of homes including Spanish, Mediterranean, and contemporary. Properties in the exclusive neighborhoods of Newport Coast and Corona del Mar are particularly desirable, known for their breathtaking ocean views and large, upscale homes. Additionally, many of the homes in Newport Beach feature private boat docks. Overall, Newport Beach real estate offers an idyllic Southern California lifestyle, with endless recreational opportunities and a charming, small-town feel.
Data obtained from Zillow.com and accurate as of 2/28/2023.
Average Home Value
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Discover key insights into Newport Beach’s luxury coastal market — including trends, pricing, investment potential, and neighborhood lifestyle — tailored for buyers, sellers, and high-end investors.
Newport Beach offers a rich variety of housing: luxury ocean-front estates, custom mansions in guard-gated communities, upscale condos, townhomes, and modern infill residences. From the Balboa Peninsula to Newport Coast, the architecture and lot sizes cater to both grand luxury and refined coastal living.
Newport Beach is served by top-tier public schools and has access to several well-regarded private schools, making it an excellent area for families who prioritize education and community.
Yes — Newport Beach remains a premium investment area. Its limited inventory, waterfront locations, and strong demand from luxury buyers make it ideal for long-term value retention or high-end rental opportunities.
The market continues to favor sellers in core coastal neighborhoods, but price growth is moderating. Inventory remains tight overall, especially for waterfront and luxury properties, and homes are still moving at a solid pace in 2025.
Competition is high in coveted areas. Homes typically receive around two offers and average approximately 71 days on the market, depending on the neighborhood and property type.
The median sold price for homes in Newport Beach is approximately $3.8 million. Single-family homes typically range around $3.2 million, while overall home values, including condos and townhomes, average about $3.42 million, reflecting the city’s premium coastal market.
Rentals in Newport Beach skew high-end, with strong demand for beachside homes, luxury condos, and properties with premium amenities. Many renters are long-term or seasonal residents who value the coastal lifestyle.
Highly desirable areas include Balboa Peninsula, Lido Isle, Corona del Mar, and Newport Coast. These areas offer different experiences — from waterfront living to scenic hilltop estates.
Newport Beach offers walkable neighborhoods in its core, boating access, and freeway connections for commuting. While car travel is common, residents also enjoy local connectivity to shopping, recreation, and nearby coastal communities.
Living here means access to world-class beaches, yacht harbors, private clubs, upscale shopping, fine dining, and top-tier recreation. Coastal views, outdoor living, and luxury amenities define the Newport Beach lifestyle.