Harbor View Hills
Corona del Mar started out as a sleepy coastal village but has become one of the most sought-after areas in Orange County. Known mostly for its bungalows in the “flower streets,” Harbor View Hills above Pacific Coast Highway offers all of the amenities of the village with large lots and spacious homes, many with views of Newport harbor, Catalina and the sparkling waters of the Pacific Ocean.
Like many other home owners, Harbor View Hills specialist Mary Golding moved to the neighborhood because she loved its proximity to Corona del Mar Village, the coast, and to vital locations like Fashion Island. Serving prospective residents well is her history of multimillion-dollar transactions in much sought-after neighborhoods throughout Corona del Mar and Newport Beach.
Golding said the neighborhood’s various properties offer picturesque sunsets and vistas of Catalina and Corona del Mar village. Architectural styles range from ranch homes first built when the neighborhood opened in the 1960s to newer, contemporary designs built on teardowns – everything from Modern and Eastern seaboard to Mediterranean-style homes.
LARGE LOTS, CAPTIVATING FEEL
Residents like “the large lot sizes and the homes themselves: One- and two-story homes with views and more privacy than what is afforded in the village.” The neighborhood has a small-town feel, with greenbelts and a mixture of age groups.
Nearby amenities include the new Oasis Center, expanded Newport Beach Main Library and Civic Center, stunning beaches and award-winning schools. Bordered by Pacific Coast Highway, Spyglass Hill and MacArthur Boulevard, the neighborhood has a total of 717 homes in three developments – Harbor View Hills Original, Harbor View Hills South and Broadmoor.
Golding recently closed escrow on a property in Harbor View Hills South which had “remarkable” views of the harbor, the Pavilion and Catalina. The offering was a near-original four-bedroom, two-bath home on a 7,500-square-foot lot that sold for just over $3 million. “View properties are currently commanding a premium and are selling with multiple offers, often selling for over asking price,” Golding said.
The area had a total of 16 sales last year. Of these, the lowest price was $1.650 million for a non-view property and the highest at $4.8 million was for a newly constructed residence. The average price during the period was approximately $2.5 million with roughly 2,500 square feet. Only six properties are currently on the market, one of which is in escrow.
Current listings on the market range from $2.395 million to $6.750 million. Golding said demand for the area is high “but there isn’t a lot of activity. People tend to move here and stay, and when a property becomes available, it generally receives a lot of activity and sells quickly.”
HÔM Sotheby’s International Realty