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02 June 2008

Lido Island Real Estate For Sale

Lido Isle is a man made Island located in the harbor of Newport Beach. This very special community has no commercial facilities. The only link to the city is a small bridge.

Lido Isle is a semi private community. Residents can enjoy socializing at the Lido Isle Club House,which features a snack bar and a beach. Nearby is the Lido Isle Yacht Club. Living on the island has many perks. You can walk to the beach, shopping, restaurants, and it's one of the best locations to see the Newport Beach Christmas Boat Parade.

Years ago Lido was a swamp. That swamp is now a gold mine. With the average home selling for $2,980,000. What's interesting about that is that last year the average price sold for the first half of the year was $ 2,743,125. That is an increase of 7.5% Lido Island real estate is a great investment. While the rest of the nation is in real estate turmoil, Lido Island has an increase! To view all homes for sale on Lido please click the link below.

Click here for all Lido Island Listings

 

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