Costa Mesa's Neighborhood Blog: California: Newport Beach: Balboa Island

A blog about Newport and Costa Mesa with an emphasis on Costa Mesa Real Estate and Newport Beach Real Estate, written by a lifetime local resident of coastal Orange County whose knowledge of the area, combined with a strong background in mortgages, real estate and being an attorney, gives her clients many advantages.

Newport Beach Real Estate - Balboa Island Homes 10-9-11

Newport Real Estate News - Balboa Island Homes

 

Balboa Island is a lovely place to call home located in the middle of the Newport Bay which is one of the largest pleasure yachting harbors in the world.

Balboa Island is actually made up of 3 artificial islands - Balboa Island, Little Balboa Island and Collins Island. In 1916, Balboa Island became part of Newport Beach.

Balboa Island

Balboa Island is connected to the mainland by a two lane bridge off of Jamboree on the northeast of the island. On the opposite side of the Island, access is via the Balboa Ferry which operates three private ferries to and from the island 7 days a week providing a lovely trip on the Newport Bay for a nominal fee. The ferry carries cars, pedestrians and bicycles throughout the year. Ferry passengers are taken from Balboa Island to the Balboa Fun Zone an area with arcades, restaurants, shops, a ferris wheel, merry go round, boat rentals and other attractions.

Balboa Island Ferry

Between 1908 and 1909, waterfront lots were selling between $350 and $750, with rumors that were sold for as little as $25. A far cry from today, when even in a "down" market, the homes sell from just under $1.4 million to just under $10 million. To see a list of homes currently for sale on Balboa Island, please see Balboa Island Homes for Sale.

The current Balboa Island Market Report is below:

Balboa Island Homes

Balboa Island Homes Absorption

 

Unlike other areas of Newport Beach, Balboa Island appears to still be more of a seller's market than a buyer's market, probably because of the limited number of homes available.

For more information about homes on Balboa Island, please contact Christine at 714.319.9751.

Please see the homes for sale on Balboa Island below:

Real Estate Market reports for other Orange County areas:

Central Costa Mesa Homes

Costa Mesa Homes

Mesa Verde Costa Mesa Real Estate Report 

Westside Costa Mesa Homes

Eastside Costa Mesa Homes

South Coast Metro Costa Mesa Homes 

Huntington Beach Real Estate News

Newport Beach Homes

Fountain Valley Real Estate News

Balboa Peninsula Real Estate Report

Newport Heights Real Estate News

Lido Isle Real Estate News

Balboa Island Real Estate News

Versailles Real Estate News

Newport Shores Real Estate News

Newport Terrace Homes

Corona Del Mar Homes

Villa Balboa Real Estate News

Dover Shores Real Estate News

Newport Crest Real Estate News

Glen Mar Real Estate News

Originally published at Balboa Island Real Estate News

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About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.

Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? For more information see Options to Foreclosures, understanding short sales or contact me at christine@donovanblatt.com to discuss your options.

If you want to buy a home or to list your property for sale, please click Newport Beach homes, Costa Mesa homes, Huntington Beach homes or Orange County homes.  Click the link if you are interested in buying a home at a courthouse auction sale.

Contact me at christine@donovanblatt.com or 714-319-9751 to learn about her system which will make your buying and selling experience easier.

Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied. This blog is not intended to offer any legal, tax or other advice.

Click Orange County homes for sale to view all OC homes for sale.

Comment balloon 2 commentsChristine Donovan • October 09 2011 07:22PM
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