Offerings are subject to errors, omissions, prior sale or withdrawal without notice.
© 2005 - 2012 All rights reserved by ALLAN E. HELLER - DRE Broker License Number: 00464662
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This property marketed
in association with
TIM CARR
NEWPORT COAST : Pelican Heights : 18 Via Burrone
Situated on a 13,000+ sq. ft. lot in prestigious guard-gated Pelican Heights, this exquisite 5 br 5.5 ba estate boasts high end finishes throughout and stunning canyon views. Features include Richard Marshall hardwood flooring, limestone flooring and counters, a well-appointed gourmet kitchen, Venetian plaster walls, custom beamed and sea grass ceilings, formal dining room and a separate office with built-ins, large master suite and sitting area, and downstairs guest bedroom. Both spacious and functional, this immaculate Mediterranean residence enjoys the ideal floor plan and yard for indoor/outdoor entertaining. French doors open up to a generous patio, expansive yard and a gorgeous pavilion with built-in barbecue and outdoor fireplace. This property offers an attached four car garage, separate laundry room and ample storage.
Offered at $3,495,000
PHOTOGRAPHS
NEWPORT COAST
Pelican Crest
3 Island Vista
$7,995,000
NEWPORT COAST
Pelican Crest
11 Pelican Vista
$7,950,000
NEWPORT BEACH
Balboa Peninsula
1112 West Bay Avenue
$5,499,000
CORONA DEL MAR
Shore Cliffs
318 Morning Canyon Road
$4,295,000
NEWPORT COAST
Pelican Heights
18 Via Burrone
$3,495,000
NEWPORT BEACH
Dover Shores
1368 Galaxy Drive
$3,495,000
NEWPORT BEACH
Dover Shores
1021 Mariners Drive
$3,299,000
NEWPORT BEACH
Dover Shores
404 Evening Star Lane
$2,895,000
NEWPORT BEACH
Baycrest South
1370 Hampshire Circle
$2,099,000
CORONA DEL MAR
Village North of PCH
2930 Fourth Avenue
$1,135,000
NEWPORT BEACH
Newport Crest
20 Swift Court
$749,000

 

Orange County coastal real estate for sale in Corona del Mar, Laguna Beach, Newport Beach & Newport Coast

The following links lead to community specific SoCalMLS searches in areas where Allan provides real estate agent services to clients seeking homes and other properties:

Special areas of emphasis are homes and other properties in Corona del Mar, Laguna Beach, Newport Beach and Newport Coast

Allan Heller is a real estate broker who specializes in helping clients with their real estate transactions involving all types of marine related properties. Whether you are looking for hilltop views of the bay, harbor or ocean, Allan can assist you in locating your perfect home. If your dream is to live on the waterfront bluffs overlooking the rocks, sand, surf and waves below, Allan can help you with both MLS and pocket listings. Or maybe you would like to live along the beachfront, bay front or oceanfront boardwalk and watch the power and sail boats sailing by, Allan can find just the right house for you. If you require a home with a dock or slip for your special yacht, Allan knows the waterfront and can guide you. Or perhaps you would prefer the small community atmosphere of living on an island in Newport Harbor. Read what clients are saying.

Let Allan Heller show you the possibilities among properties listed for sale in the following links to specialty location specific SoCalMLS searches:

To assist you in the purchase of your Orange County - Southern California - Coastal home or other property in the areas of Corona del Mar, Laguna Beach, Newport Beach and Newport Coast, the following map resources are presented for your review:

         Real estate information sheets on Corona Del Mar homes and other properties for sale.

Irvine Terrace
1827 Bayadere Terrace
$6,995,000
   Sold
Shore Cliffs
318 Morning Canyon Road
$4,295,000
   Active
Harbor View Hills
1315 Seacrest Drive
$3,500,000
   Sold
Village North of PCH
2930 Fourth Avenue
$1,135,000
   Active

         Real estate information sheets on Costa Mesa homes and other properties for sale.

Mesa del Mar
1095 El Camino Drive
$879,000
   Sold
   

         Real estate information sheets on Huntington Beach homes and other properties for sale.

6062 Ivory Circle
$679,900
   Sold
   

         Real estate information sheets on Irvine homes and other properties for sale.

Westpark II
16 Santa Rida
$1,158,000
   Sold
   

         Real estate information sheets on Laguna Beach homes and other properties for sale.

Arch Beach Heights
1193 Miramar Street
$1,168,000
   Sold
   

         Real estate information sheets on Newport Beach homes and other properties for sale.

Balboa Peninsula Point
2000 East Oceanfront
$13,850,000
   Sold
Balboa Peninsula Point
"Hale O Malu"
$9,995,000
   Sold
Balboa Peninsula
1024 West Bay Avenue
$8,495,000
   Sold
Linda Isle
22 Linda Isle
$8,400,000
   Sold
Promontory Bay
606 Harbor Island Drive
$5,999,000
   Sold
Balboa Peninsula
1112 West Bay Avenue
$5,499,000
   Active
Newport Heights
112 Kings Place
$5,395,000
   Sold
Bayshores
2561 Bayshore Drive
$5,250,000
   Sold
Bayshores
2471 Crestview Drive
$4,995,000
   Sold
Newport Heights
2227 Cliff Drive
$4,695,000
   Sold
Balboa Peninsula
518 West Oceanfront
$4,495,000
   Sold
Linda Isle
76 Linda Isle
$4,395,000
   Sold
Balboa Peninsula Point
1723 Miramar Drive
$3,595,000
   Sold
Dover Shores
1742 Galaxy Drive
$3,499,000
   Sold
Dover Shores
1368 Galaxy Drive
$3,495,000
   Active
Big Canyon
5 Winged Foot Lane
$3,400,000
   Sold
Bayshores
2781 Bayshore Drive
$3,395,000
   Sold
Lido Island
520 Via Lido Soud
$3,345,000
   Sold
Linda Isle
2 Linda Isle
$3,300,000
   Sold
Dover Shores
1021 Mariners Drive
$3,299,000
   Active
Newport Heights
423 Redlands Avenue
$2,900,000
   Sold
Dover Shores
404 Evening Star Lane
$2,895,000
   Active
Dover Shores
1912 Galaxy Drive
$2,875,000
   Sold
Newport Heights
321 Santa Ana Avenue
$2,749,000
   Sold
Bonita Canyon
15 Marble Sands
$2,725,000
   Sold
Westcliff East
1115 Somerset Lane
$2,599,000
   Sold
Cliff Haven
401 Signal Road
$2,499,000
   Sold
Dover Shores
1812 Galaxy Drive
$2,475,000
   Sold
Harbor View Homes
1951 Port Bristol Circle
$2,475,000
   Sold
Baycrest
2015 Leeward Lane
$2,395,000
   Sold
One Ford Road
42 Old Course Drive
$2,295,000
   Sold
One Ford Road
1 Vintage Drive
$2,295,000
   Sold
Westcliff East
1227 Somerset Lane
$2,195,000
   Sold
Baycrest South
1370 Hampshire Circle
$2,099,000
   Active
Baycrest North
2021 Leeward Lane
$1,995,000
   Sold
One Ford Road
59 Old Course Drive
$1,775,000
   Sold
Newport Heights
2321 Holly Lane
$1,695,000
   Sold
Lido Peninsula
601 Lido Park Drive 9F
$1,450,000
   Sold
Baycrest North
1915 Windward Lane
$1,300,000
   Sold
Newport Heights
547 Tustin Avenue
$985,000
   Sold
Newport Crest
20 Swift Court
$749,000
   Active
   

         Real estate information sheets on Newport Coast homes and other properties for sale.

Pelican Crest
3 Oceancrest
$8,199,000
   Sold
Pelican Crest
3 Island Vista
$7,995,000
   Active
Pelican Crest
11 Pelican Vista
$7,950,000
   Active
Pelican Crest
50 Shoreridge
$5,395,000
   Sold
Crystal Cove
32 Archipelago Drive
$4,750,000
   Sold
Ocean Heights
35 Ocean Heights Drive
$4,100,000
   Sold
Pelican Heights
18 Via Burrone
$3,495,000
   Active
Pacific Ridge
22 Morning Light
$2,988,000
   Sold
Crystal Cove
87 Sidra Cove
$2,595,000
   Sold
   

         Real estate information sheets on Orange homes and other properties for sale.

5114 East Muir Drive
$1,300,000
   Sold
   

         Real estate information sheets on Yorba Linda homes and other properties for sale.

4785 Blue Mountain Dr.
$1,500,000
   Sold
   

Orange County Coastal Properties - Activity and Open Houses




Things to Know
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Orange County Coastal Area Real Estate Blog - Who, What, When, Where & How To

UCLA Anderson Forecast predicts a 49% home price increase within six years 
Wed, 27 Oct 2010

Below is an excerpt from an OC Register article which states that the most recent U.C.L.A. Anderson Forecast predicts a 49% increase in home prices over the next six years.

UCLA: O.C. home prices to surge 49%

October 27th, 2010, 1:00 am · posted by Jeff Collins

Orange County will have a half-million-dollar housing market again by 2012, and home sales volume will rebound by a whopping 43% over the next two years, according to the latest UCLA Anderson Forecast for the O.C. housing market.

Orange County Forecast
Year Price chg. Sales chg.
2010 $428,381 5.6% 32,139 3.5%
2011 $460,545 7.5% 40,974 27.5%
2012 $503,450 9.3% 45,877 12.0%
2013 $538,750 7.0% 48,832 6.4%
2014 $577,619 7.2% 49,913 2.2%
2015 $615,644 6.6% 47,800 -4.2%
2016 $639,650 3.9% 47,577 -0.5%

Economists with UCLA?s Anderson Forecast foresee O.C. home prices climbing above $500,000 in 2012 for the first time since April 2008. Prices are expected to

Read the rest


Karl E. Case (Case_Shiller housing index) says housing has never been a better bargin. 
Tue, 07 Sep 2010

Here is a quote from the September 1, 2010  New York Times article by Karl E. Case titled “A Dream House After All”.  Karl E. Case is a professor emeritus of economics at Wellesley and co-creator of Standard & Poor?s Case-Shiller housing index.

This financial crisis has made us all too aware that we live in a Catch-22 world: the performance of the housing market drives the economy, and the performance of the economy drives the housing market. But housing has perhaps never been a better bargain, and sooner or later buyers will regain faith, inventories will shrink to reasonable levels, prices will rise and we?ll even start building again. The American dream is not dead ? it?s just taking a well-deserved rest.

via Op-Ed Contributor – A Dream House After All – NYTimes.com.

What are your thoughts?


Newport Beach among states top home price gains 
Sat, 31 Jul 2010

The following OC Register article, based on information from DataQuick, outlines the recent housing price increases in the Newport Beach area.  Now might be a good time for those wishing to own a home in the Newport Beach area to start looking at the available inventory.

Newport among state?s top home gains

July 30th, 2010, 12:01 am ·  posted by Jon Lansner

Newport Beach cracked the Top 10 list of California cities with the largest year-over-year home prices gains, based on changes in the median selling price as tracked by the California Association of Realtors. June?s list ?

  1. National City, up 59 percent
  2. Newport Beach, 52 percent
  3. Richmond, 52 percent
  4. San Bernardino, 47 percent
  5. San Pablo, 38 percent
  6. Fairfield, 37 percent
  7. Walnut, 34 percent
  8. Colton, 32 percent
  9. Imperial Beach, 31 percent
  10. Poway, 30 percent

CAR notes: ?Large changes in local median home prices typically indicate both local home price appreciation, and often, large shifts in the composition of housing market activity.?

Statewide, CAR said the median selling price of an existing home rose 13.6 percent vs. June 2009. In Orange

Read the rest


June 2010 finishes with continuing strong sales in Orange County Coastal areas. 
Fri, 25 Jun 2010

The OC Register article shown below indicates the Orange County Coastal areas continue to experience an improving housing market. Both prices and the number of sales have increased over last month and over last June.

Home sales up in 59 O.C. ZIPs

June 25th, 2010, 9:01 am . posted by Jeff Collins

For the 22 business days ending June 7 ? DataQuick?s freshest stats ? Orange County home buying patterns showed:

  • Fifty-four of O.C.?s 83 ZIP codes had gains in their respective median selling price. (Highlighted in green below!) Overall, prices were up 7.1% vs. a year ago.
  • Five of O.C.?s ZIPs had median sales prices above $1 million in the period vs. 11 million-dollar ZIPs when the county median price peaked in June 2007. Since that pricing pinnacle, there?s been a 30% drop in the countywide median price!
  • Fifty-nine of O.C.?s ZIPs had year-over-year sales gains in the period. Overall, sales were up 11.5% vs. a year ago.
  • Thirty-seven ZIP codes had gains in both sales and prices.
  • Three of O.C.?s ZIPs has sales gains of 100% or more in the period.

Here?s a

Read the rest


Beach town home sales continue the upward trend 
Sun, 13 Jun 2010

Below is an OC Register article which points out a continuing upward trend of the Orange County Coastal area housing market.

Beach town home sales up 40%

June 13th, 2010, 12:33 am · posted by Jon Lansner

For the 22 business days ending May 25 ? DataQuick?s latest stats ? the 17 ZIPs located in beach towns communities showed ?

  • 587 homes sold, that is +40.1% vs. a year ago.
  • The median selling price of these ZIPs was $719,000 ? that is +7.1% vs. a year ago.
  • The beach towns ZIPs comprised 18.5% of the recent home sales in Orange County vs. 15.2% a year ago.

A little geographical context ?

  • 36 ZIP codes in beach towns and inland South County communities had 1,523 homes sales. That?s up 38.6% vs. a year ago.
  • 47 ZIP codes in mid-county and inland North County communities had 1,657 homes sales. That?s down 0.4% vs. a year ago.
  • Thus, the share of Orange County homes sold in mid-county and inland North County neighborhoods was 52% vs. 60% a year ago.

The ZIP-by-ZIP results for beach towns

Read the rest


O.C. home prices continue to strengthen 
Fri, 04 Jun 2010

Orange County home prices continue to strengthen according to the following OC Register article.

O.C. home median price at 21-month high

June 4th, 2010, 9:09 am · posted by Jon Lansner

For the 22 business days ending May 18 ? DataQuick?s latest real estate buying report ? Orange County saw ?

For the 22 business days ending May 18
Slice Price Yr. ago Sales Yr. ago
Houses $515,000 +15.7% 1,935 +7.0%
Condos $295,000 +13.5% 926 +18.9%
New $640,000 +34.9% 195 +61.2%
All O.C. $440,000 +12.8% 3,056 +12.8%
  • $440,000 median selling price that is up 12.8% vs. a year ago yet -32% below June 2007?s peak of $645,000.
  • A median of $440,000 was last seen in Orange County in August 2008.
  • The most recent median is 19% above the cyclical low hit in January 2009 at $370,000 ? a current bottom that was 43% below the peak.
  • The median selling price of an Orange County

Read the rest


Newport Beach homes own the most zip 
Thu, 03 Jun 2010

Below is an interesting OC Register article pointing out how the Newport Beach area housing market has improved over the last quarter.

Newport Beach homes own the most zip

June 3rd, 2010, 12:01 am · posted by Jon Lansner

Newport Beach 92660 had Orange County?s zippiest housing market in the most recently concluded quarter.

So says our Zippy rankings that weigh pricing and sales momentum plus foreclosure frequency as measured by DataQuick stats.

This ZIP ? running from Back Bay to around Fashion Island up to the toll road ?ranked 7 of 83 for pricing; 2 for sales; and 6 in terms of foreclosures frequency in the community. In the previous quarter, this ZIP ranked 19 of 83 overall.

Second strongest was Newport Beach 92663 ? from the pier to around the bay up to Hoag Hospital ? followed by Irvine 92614 as third best. The beach theme in the Top10 also included Laguna Beach 92651 (#5); Newport Coast 92657 (#6); and Newport Beach 92661 ? basically, most of the Balboa Peninsula (#8).

When you look at the 83 major ZIPs in the county and their Zippys rankings, you see these trends for the best-performing communities:

* The

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2010 Balboa Island: Artwalk 
Mon, 10 May 2010

It is that time of year again. Put on your walking shoes, sun glasses and hat. Enjoy an afternoon viewing fine art from local artists and fine food from the great Balboa Island restaurants. The excerpt below is from the Balboa Island Art Walk web site:

The 2010 Balboa Island Artwalk Sunday May 16, 2010 9am-5pm, Free Admission

This year’s event will feature over 90 artists exhibiting original oil paintings, acrylics, watercolors, glass, ceramic, sculpture, jewelry and photography along the South Bayfront of Balboa Island.

The Balboa Island Artwalk is the premier showcase for talented local artists and marks the start of the Island’s summer season. Celebrating its sixteenth anniversary, the Artwalk will take place on Sunday, May 16th, from 9am to 5pm along the South Bayfront Promenade of Balboa Island. Admission is free.

This fine art show features artists exhibiting paintings, fine jewelry, blown glass, sculpture, and photography. Spectators will enjoy live music throughout the day on four stages along the walk. Performing musicians include the Retros, Don Ross Duo, Garry Gould, Rick Sherman and Alan Remington, Jim Roberts, and Grant Peakcock.

Limited-edition Artwalk posters and t-shirts will be available at Sapphire & South Bayfront.

A comfortable

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Major hedge fund manager turns bullish on housing 
Wed, 21 Apr 2010

According to the below excerpts from this article on MarketWatch, John Paulson is adjusting his investment strategy to take into account an improving housing market.

By Alistair Barr, MarketWatch

SAN FRANCISCO (MarketWatch) — John Paulson, the hedge-fund manager famous for betting against mortgage securities, is now bullish on the U.S. housing market and the economy.

During a conference call with investors Wednesday, Paulson said he was concerned earlier this year about a potential double-dip recession.

“I’m not concerned about that at all today,” he said. It’s more likely there could be a V-shaped recovery, Paulson elaborated.

House prices have stabilized and could climb 8% to 10% nationwide in 2011, he added.

Corporate earnings are coming in ahead of expectations, the stock market is stronger and there’s a “vibrant” credit market. With the “final leg” of a rising housing market, “the outlook for 2011 could be very strong,” Paulson said.

Paulson oversaw $32 billion in assets at the start of 2010, making it the third-largest hedge-fund firm in the world behind J.P. Morgan Chase & Co.  and Bridgewater Associates.

The firm grew quickly after it made billions of dollars betting against mortgage-related securities before the housing market collapsed in 2007.

Read the rest


Home buying up 52% at beach, south O.C. 
Sun, 18 Apr 2010

Here is a short article from the OC Register indicating the improving housing market in the Orange County Coastal areas.

Homebuying up 52% at beach, south O.C.
April 18th, 2010, 7:58 am
posted by Jon Lansner

For calendar month March ? freshest numbers from DataQuick ? our region-by-region analysis of homebuying shows Orange County slices up geographically speaking this way ?

  • DataQuick identified 704 homes selling in Orange County?s north-inland ZIP codes in this most recent period, +6% from a year ago.
  • Median selling price? $448,000 in these 23 ZIPs. This most recent median price change was +11.0% vs. a year ago.
  • Mid-county ZIPs ? median selling price $347,000 ? had 762 sales, -10% from a year ago. In these 24 ZIPs, the freshets median price change was +7.2% vs. a year ago. Combined, total homes sales in ZIPs in the north and mid-section of Orange County were -2.7% vs. a year ago as homebuying the the rest of the county ran +51.6% vs. 12 months earlier.
  • North/mid-county homes accounted for 54% of residences sold in the most recent period vs. 65% a year ago. 460 homes sold in beach cities? 17 ZIP codes in

Read the rest