Corona Del Mar

Corona del Mar is a charming seaside village in Newport Beach. Bordered by scenic white sand beaches and rocky coves with dramatic cliffs, Corona del Mar is a magnificent coastal resort community. Corona del Mar means “crown of the sea” in Spanish. With luxury shopping, upscale dining, gorgeous real estate, and award-winning public and private schools, Corona del Mar offers the best of all worlds in a community that lives up to its name.

 

Homes in Corona del Mar range from cozy cottages to beautifully remodeled mid-century residences. There are also breathtaking glass-fronted contemporary properties with unbelievable ocean views. Some of the most sought-after properties include those in hilly neighborhoods to the north, with sweeping vistas and gated communities close to the beach. Contact the Mike Johnson Group if you're looking for exclusive houses for sale in Corona Del Mar.

 

This eclectic village rises from the ocean into the hillsides with beautiful views and exceptional amenities. The downtown area is teeming with boutiques and upscale restaurants, while the sandy beachfront offers endless recreation against a spectacular backdrop of coastal cliffs. Corona del Mar is a community that truly has it all.

 

Corona del Mar Village is this charming community’s refined downtown area, with lots of great shopping and dining on the streets surrounding the Pacific Coast Highway. Bandera is a Zagat-rated hit serving sophisticated renditions of hearty Southwestern cuisine. Bandera has a romantic outdoor patio and fireplace. This chic spot is also known for its vibrant upscale bar scene. Pirozzi offers authentic Southern Italian dining with housemade pasta and delicious wood-fired pizzas using techniques and ingredients imported directly from Naples.

 

The menu at Pirozzi also includes a fine selection of Italian and Californian wines, plus scrumptious and artfully prepared desserts. The upscale Five Crowns has been a Corona del Mar landmark since 1965. Modeled after one of England’s oldest country inns, Five Crowns continues to delight with award-winning renditions of land and sea classics paired with fine wines. Other CdM Village dining highlights include contemporary updates of American comfort fare at Summer House, stylish European-inspired dining and live music at Port Restaurant and Bar, and vegan specialties at Zinc Café & Market. To the northwest of Corona del Mar Village, Roger’s Gardens is a popular home décor boutique and nursery with many beautiful items for the house and garden.

 

The Farmhouse at Roger’s Gardens is a delightful rustic eatery pairing delicious farm-to-fork meals with cocktails and regional wines. Everything at The Farmhouse is sourced directly from local farmers, fishermen, and wine and spirit makers. Roger’s Gardens is within a stone’s throw of Newport Beach’s Fashion Island. This world-class retail center features 180 shops and restaurants anchored by Bloomingdale’s, Macy’s, Neiman Marcus, and Nordstrom department stores.

 

Begonia Park is a relaxing greenspace close to Newport Harbor with a playground, picnic tables, and BBQ grills. Irvine Terrace Park also features lots of children’s play equipment and sports facilities, including tennis and basketball courts and a soccer field. This pretty tree-lined park offers great views of the ocean and Newport Harbor. The sands of Corona del Mar State Beach stretch along the oceanfront to Newport Harbor’s east. Popular activities at the beach include swimming, scuba diving, snorkeling, surfing, and beach volleyball.

 

There are also tables for picnics, BBQ areas, and nighttime bonfires. Follow the coastline and the Pacific Coast Highway a short distance southwest of CdM to arrive at Crystal Cove State Park’s sprawling protected scenery. This gorgeous 3.936-acre open space features 3.2 miles of pristine beachfront, inland chaparrals, and a historic district of coastal cottages built in the 1930s and ‘40s.

 

Frequently Asked Questions About Corona Del Mar Real Estate Trends

1. What are the current real estate trends in Corona Del Mar?

The real estate market in Corona Del Mar is characterized by high demand and appreciating property values, driven by its prime coastal location and luxurious lifestyle offerings. The neighborhood features a mix of high-end oceanfront estates, contemporary condos, and charming cottages, attracting a diverse range of buyers. Properties in Corona Del Mar often sell quickly, reflecting the competitive nature of the market. The area's desirability is enhanced by its excellent amenities, top-rated schools, and vibrant community, making it a sought-after destination for affluent homebuyers and investors alike.

2. How have property values in Corona Del Mar changed in recent years?

Property values in Corona Del Mar have seen significant appreciation over the past few years. This upward trend is fueled by the neighborhood's exclusive location, limited inventory, and strong demand from buyers seeking luxury coastal living. The combination of scenic ocean views, upscale amenities, and proximity to Newport Beach's attractions has contributed to rising home prices. Despite occasional market fluctuations, the overall trend has been positive, making Corona Del Mar a lucrative area for real estate investment and long-term homeownership.

3. What types of properties are most common in Corona Del Mar?

Corona Del Mar offers a diverse array of properties, ranging from opulent oceanfront estates and modern condominiums to charming cottages and townhouses. Single-family homes are prevalent, often featuring luxurious designs, spacious layouts, and premium finishes. Many properties offer stunning views of the Pacific Ocean, adding to their appeal. Additionally, there are several upscale condominium complexes and townhome communities that provide low-maintenance living options with access to high-end amenities. This variety ensures that buyers can find properties that suit their preferences and lifestyles.

4. What should potential homebuyers know about purchasing real estate in Corona Del Mar?

Potential homebuyers in Corona Del Mar should be prepared for a competitive and fast-paced market. It is essential to have pre-approved financing and work with an experienced local real estate agent who understands the nuances of the neighborhood. Buyers should also consider the long-term investment potential of properties in this desirable area, as well as any specific needs such as proximity to schools, beaches, and shopping. Understanding local zoning regulations and property taxes is crucial for making informed decisions. Engaging with a knowledgeable real estate professional can provide valuable insights and assistance throughout the buying process.

5. Is Corona Del Mar a good area for real estate investment?

Corona Del Mar is considered an excellent area for real estate investment due to its strong property value appreciation and high demand for luxury housing. The neighborhood's prime coastal location, coupled with its upscale amenities and vibrant community, ensures a stable and attractive market for both residential and rental properties. Investors can benefit from the area's steady growth, potential for high rental yields, and long-term capital appreciation. Conducting thorough market research and working with experienced local real estate professionals can help maximize investment returns and identify the most promising opportunities in Corona Del Mar.