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26 June 2008

Lido Island Real Estate Information

Lido Island is a man made island which is surrounded by luxury homes. Prices start at $1,525,000 and go all the way to $12,900,000. Lido Isle was incorporated as part of Newport Beach in 1906. The only way to the island is by boat or the bridge. Lido Island is all residential. One of the highlights of the community is the Lido Island Club House. It's a wonderful place to raise your children and if you are retiring it doesn't get much better. Real Estate in Lido island is a great investment, With all the negativity we all hear in the news, Lido Island Homes have increased in price in the last year. I did a little research and this is what I found.

                                                 LIDO ISLAND SALES

January 1, 2007 - June 26, 2007                                         January 1,2008 - June 26,2008

Properties listed               39                                                                      68                 +74%

Properties Sold                16                                                                      16                     0%

Average Price Sold        $2,743,500                                                   $2,980,000              +7.5%

Amazing! It goes to show that location has much to do with Real Estate. Visit Lido Island this summer! But if you can't and you want to see some of these gorgeous homes look below. Click on any picture for more details.

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