Linda Isle Real Estate Keeping Steady

Home buyers looking for a place to settle in Newport Beach may want to consider Linda Isle, a small guard-gated island just off the city coast. Featuring 104 bay-front homes and a magnificent view of the coastline, Linda Isle is one of the least known yet most promising markets in the city.

Property values in Linda Isle are in fact on the rise, despite the downward spiral in most real estate markets. In 2007, Linda Isle homes spent an average of 43 days on the market, well below the area average. The following year, the selling time went up to 196 days, but home values increased by over $300 per square foot. Today, homes sell for an average of $8,071,555, up by 30% from previous years.

Linda Isle properties are often hard to find in conventional listings, as the area is known mostly to locals. Since it's guard-gated, potential buyers often need contact with a homeowner to enter. The homeowners' association also prohibits open houses and For Sale signs.

To see properties on Linda Isle, buyers must work with real estate agents who can find local sellers and make the necessary appointments. With the right connections and professional assistance, one can get access to the Linda Isle real estate market and see what it has to offer.

 

Earlier in Newport Beach Real Estate News:
Newport Beach Home Prices Up Over Year
Newport Beach Among O.C.’s Slowest Markets
Newport Beach ZIP Sees Sales Spike as Prices Plunge