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Lido Island Market Update, August, 2011

Lido Island in Newport Beach is a beautiful community of homes in Newport Beach which is actually an island. There is a bridge going to Lido Island, or Lido Isle as it is also referred to as. Lido Island has bay front homes and many of these homes have slips available for their yachts. There are also spectacular interior homes which are located on the stradas. Many of these interior homes have Newport Harbor views as well. Lido Island also has tennis courts for the exclusive use of the residents. And there is Lido Yacht clubfor the use of the residents of Lido Island, and the children enjoy a summer sailing program as well. There is a beach and a dock with a slide that the children utilize during the summer months.

Lido Island home for sale

Living on Lido Island in Newport Beach is definitely a lifestyle. With close proximity to the beach, bay, shopping and dining, Lido Island is highly sought after. Lido Island in Newport Beachwas one of the first communities to be built with underground utilities in Newport Beach area. Lido Island in Newport Beach is located in the West Newport Beach area, and off Via Lido. Entering Lido Island in Newport Beach is along Via Lido.


View Lido Island in Newport Beach, CA in a larger map

Lido Island in Newport Beach is a very upscale neighborhood with homes in the multi million dollar range. There are bayfront homes located on Lido Island in Newport Beach, which feature sweeping views of the Newport Harbor in Newport Beach.

Enjoy the life style in highly sought after area in Newport Beach. Walk or ride your bike to shopping and dining, and literally, Lido Isle in Newport Beach is just blocks to the beach. The children who live on Lido Island in Newport Beach attend Newport Elementary School which is literally on the beach. The children can hear the waves crashing during class time - amazing!

 

Currently, there are 31 active listings on Lido Island in Newport Beach, there is one in back up status (short sale) and there were three sales during the month of August, 2011. The number of sales are up by two in comparison to July, 2011. All the sales were standard sales with the exception of the property that is in back up status - which is a short sale.

Because all of the active listings are standard sales, most of the upcoming sales will be standard sales. The list price per square foot of the properties on Lido Island in Newport Beach is $1285.11 per square foot, and the average sale price in August per square foot is $1160.90 which is based upon the sales. The sales price per square foot of the prior month in July, 2011 was based on one sale and was at $575.00 which was less than half of list price per square foot.

Lido Isle in Newport Beach, CA


Search the MLS for Lido Island Homes for sale and real estate in Newport Beach.

Originally posted at newportbeachrealestatecafe.com

13 commentsSharon Paxson Newport Beach Real Estate • September 04 2011 11:56AM