When Newport Beach transitioned from a ranch farm called Bolsa de Joaquin in the 1830s to a commercial shipping hub called Newport in the 1870s, few knew it would maintain its status as celebrity enclave, tourist magnet, and then some when it adopted its current name in 1902.
But, more than 120 years later, Newport Beach remains the epitome of what was imminent all those years ago. It’s still the home of A-listers from the time Shirley Temple and John Wayne moved in in 1902. More than 50 years later, actor Nicolas Cage would move into the property next to John Wayne’s former home in 2005. Cage would eventually sell his 0.6-acre home for $35 million.
Tiger Woods would also keep a house in Newport Beach. So did the late great Kobe Bryant who owned not one, but several homes in the area.
2022 study: Newport Beach in Top 10 of America’s Most Expensive Zip Codes
In fact, a study ranking America’s most expensive zip codes in 2022, saw five Newport Beach and surrounding city zip codes on the list. See the list below and click on the links to learn more about the neighborhoods featured further along the article.
|Rank||Zip Code||Neighborhood||Median Sale Price|
|9||92661||Balboa Peninsula||$4.29 million|
|13||92662||Balboa Island||$4.1 million|
|14||92657||Newport Coast||$4.1 million|
|17||92625||Corona del Mar||$3.7 million|
|34||92651||Laguna Beach||$2.9 million|
According to the study, “Newport Beach is now a community of exclusive zip codes with medians between $2.4 million and $4.29 million and double-digit price gains as high as 30% Y-o-Y.”
Overall, 70% of the priciest zip codes on the Top 100 are in California and 86% of all zip codes on the list saw an increase in median home prices.
In spite of challenges in the US economy, the study seems to indicate that for many high-net-worth individuals, investing in premium residential real estate is a solid way to park – and grow – their wealth.
And nowhere is that more apparent than in the stellar showing of Newport Beach.
TOP LUXURY HOMES IN NEWPORT BEACH, CA
Indeed, with Newport Beach on an upward trajectory in terms of median home prices, it pays to take a look at some of the top luxury properties in the area.
There’s no better person to show us than Realtor and Luxury Specialist Georgina Jacobson. She has been a resident of Newport Beach for over 30 years and has shepherded some of the most eye-watering real estate deals anywhere, including a $35 million asking for Corona del Mar. In Santa Barbara County, Georgina listed the prestigious, 4,700-acre Rancho Latigo family compound and former horse farm for $40 million, and a recent sale over $21 million on Harbor Island.
Therefore, when it comes to luxury properties, Georgina Jacobson is peerless.
Here are some of the most desirable luxury homes offered now in Newport Beach, CA:
At Newport Coast, spectacular is an understatement
6 Midsummer, Newport Coast, CA 92657
Listed at $69.8 million
If you’re shelling out close to $70 million on a home, you expect 24-carat features and amenities throughout. And this newly constructed, custom-designed, 15,500-square-foot estate securely perched on the top of this gated Crystal Cove community surpasses all measures.
Location and views. Begin with the most desirable of locations, where there are unobstructed views of the Pacific Ocean, Catalina Island, Newport Harbor, Palos Verdes, all the way to Los Angeles, nearly 50 miles away. To maximize the peerless views, 3,640 square feet of decks and loggias were built around the ultra-luxurious 7-bedroom, 15-bath mansion.
10-car garage doubles as party central. The custom home rises two stories above a 10-car basement garage, accessible via an indoor elevator. The climate-controlled garage is a showroom in itself, covering 3,725 square feet featuring coffered ceilings, overhead spotlights trained on a car turntable, and more than enough bells and whistles to turn it into an event space or private club.
A dome of spectacular proportions. There is nothing understated about this turnkey property. Every plush detail is designed to take your breath away. An elaborate foyer draws your eye to a spectacular glass dome bursting with slender rays of light. It’s said to be the only glass dome of this magnitude in a residence in the United States, which speaks of over-the-top luxury.
Amenities galore.Expect formal and informal living rooms, a grand formal dining room, an expansive wine cellar, a state-of-the-art theater, an entertaining bar, a Life Fitness gym, and a zen massage room with steam shower, dry and wet saunas. Aside from the standard luxuries, the primary suite has its own kitchenette. Outside, there’s a custom mosaic pool and sculpture gardens.
At Laguna Beach, indulge in a true resort experience
11 Montage Way, Laguna Beach, CA, 92651
Listed at $39.7 million
This contemporary luxury estate boasts a front-row seat at the renowned Montage Laguna Beach Resort. As you can see, the ocean views are nothing short of incredible.
Outdoor living.In fact, to make the most of its location and to double-down on California’s signature indoor-outdoor style of living, this 9,305-square foot single-family home has been remodeled in 2022 so that bedrooms, bathrooms, the living room, and the kitchen open up to an outdoor oasis. It’s equipped with a brand new glass fire pit, outdoor shower, outdoor kitchen, pizza oven, sparkling pool, and spa. Outdoor amenities are directly accessible from the primary suite.
En suite all the way.Large walls of glass add to the open feeling, including an expansive, central skylight designed to flood the 2-story atrium with natural light. All 5 bedrooms have en suite spa-like facilities.
Living spaces on the upper level include a glass fireplace, a temperature-controlled wine wall, and a chef’s kitchen of your dreams. Descend to the lower level via a dramatic floating staircase to access the full bar, home theater, gaming space, a spacious and luxurious home office with a full bath, and a glass-encased commercial wine cellar. The outdoor courtyard boasts a one-story waterfall.
Concierge services. The 5-bedroom, 6-bath property is only one of 13 homes at the resort with ownership privileges, including unheard of access to the Montage concierge, housekeeping, and room service! Plus, it’s just steps away from the crystal clear waters of the Pacific Ocean.
At Newport Beach, check out luxury you can afford
7206 W Oceanfront, Newport Beach, CA 92663
Listed at $6,995,000
A luxurious beach house in Newport Beach doesn’t need to cost two arms and a leg. Take this 3-bedroom, 3-bath beachfront home with panoramic views of the Pacific Ocean, Catalina, and stunning sunsets. A spacious deck, a loggia, and a brick patio makes it all possible without a seven-figure price tag.
Indoor-outdoor living. The living room of this 2-story home opens to areas that are the essence of California indoor-outdoor living. Picture roomy outdoor seating, a firepit, and after-dinner family games or great conversations with friends and neighbors happening well into the night – all with the sound of the surf keeping rhythmic time.
Charming and traditional. Not one to emulate sleek beach homes, this 2,888-square-foot luxury property is done in a charming Traditional style. Begin with the grand, wrought iron staircase that greets you upon entering. The chef’s kitchen, equipped with high-end appliances, features exquisite cabinetry and granite countertops. The living room has coffered ceilings and custom built-ins.
Also worth noting: a family room with a fireplace on the second floor, a 2-car garage, and his-and-hers walk in closets in the primary suite
TOP NEIGHBORHOODS IN NEWPORT BEACH, CA
Beach houses on the Balboa Island
While living in Newport Beach is a luxury in and by itself, there are neighborhoods that distinguished themselves in the 2022 study of the most expensive zip codes in the US. To get to know them, let Realtor and Luxury Specialist Georgina Jacobson take you on a video tour of these neighborhoods.
THE BALBOA PENINSULA: : Prime beach access and heightened privacy
A three-mile stretch known simply as The Peninsula, this neighborhood put Newport Beach in the top 10 of the most expensive zip codes in the US in 2022. Homes on The Peninsula boast bay views and oceanfront homes and condominiums, all of which are within walking distance of a lively collection of boutiques, cafes, and restaurants.
BALBOA ISLAND: Small-town charm and luxury estates
As the 13th most expensive zip code in the US, Balboa Island has the easy charm and relaxed atmosphere of a town that’s simply true to itself. People go around in golf carts, hop on their standup paddle boards if their doorstep opens to the water, and indulge in the sweet treats the island is famous for: the Balboa Bar, a slab of vanilla ice cream dipped in chocolate and rolled in sweet and crunchy toppings, and the the chocolate-dipped frozen banana. Homes on Balboa Island include beach cottages, historic homes, duplexes, and luxury estates with private docks.
NEWPORT COAST: Serene and upscale coastal living
Located on the eastern edge of Newport Beach, Newport Coast is an exclusive, master-planned community spanning 9.4 acres. It lies on a cliff overlooking the Pacific Ocean, offering residents unbelievable views and exceptional privacy with 75% of the land dedicated to preserved nature and lush golf courses. Around 86,000 people live in Newport Coast, some of whom reside in guard-gated communities like Crystal Cove. This consists of 3.5 miles of pristine coastline which is part of Crystal Cove State Park. The community itself has immediate access to the beach and live in homes priced from $2 million to $60 million. The neighborhood’s historic district consists of 46 cottages dating back to the 1920s and 1930s.
Watch Realtor and Luxury Specialist Georgina Jacobson take you on a tour of Crystal Cove, one of the most sought-after neighborhoods in Newport Coast.
CORONA DEL MAR: A trendy seaside village with prestigious homes
Literally meaning the Crown of the Sea, Corona del Mar, or CdM to locals, sits at the foot of the San Joaquin Hills fronting the Pacific Ocean. As one of the most expensive zip codes in the US, Corona del Mar boasts $29 million properties with jaw-dropping views and easy access to Fashion Island and John Wayne Airport, as well as to fantastic beaches, tide pools, cliffside views, and the community’s collection of fancy eateries, specialty boutiques, and small business services.
Watch Realtor and Luxury Specialist Georgina Jacobson give you a closer look at Cameo Highlands, one of the most desirable neighborhoods in Corona del Mar.
LAGUNA BEACH: Private beaches and $70 million homes
Even if it is the 34th most expensive zip code in the US, Laguna Beach is no slouch when it comes to multi-million dollar homes. Occupying less than 9 square miles, Laguna Beach may be a small town but it’s big on attractions. Every year, the permanent population of 23,000 swells to over 6 million thanks to visitors who take to the picturesque beaches, hiking trails, walkable downtown, summer art festivals, and fabulous restaurants. The vibe and attractions are enough to lure high-net-worth individuals into buying both primary and vacation homes in Laguna Beach, including multi-estate properties perched on what’s called Billionaire’s Bluff.
FIND LUXURY HOMES IN NEWPORT BEACH, CA WITH GEORGINA JACOBSON
When it comes to luxury homes for sale in Newport Beach, CA, find your dream home with the help of Georgina Jacobson and her sales associates. Together, they extend unparalleled market knowledge and unrivaled expertise to every client.