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18 February 2010

Jasmine Creek Neighborhood in Corona Del Mar/Newport Beach

There's an amazing little town called Corona Del Mar in Newport Beach. In Corona Del Mar you will find some of the most amazing Real Estate in Orange County. Just yesterday the Daily Pilot our local newspaper had a story on the $30,000,000 home for sale!

Today while I was out on Realtor Preview it was quite obvious that inventory is down. There were hardly any homes to see. Notice a year ago there was very little inventory and then in September 2009 it peaked. Recently buyers have been taking advantage of the lower prices and we are starting to have a difficult time finding homes for our clients. I myself have had that issue with one of my buyers recently, but finally today we open escrow in the prime real estate neighborhood of Jasmine Creek in Corona Del Mar.

 

Real Estate Market Chart by Altos Research www.altosresearch.com

Jasmine Creek is a guard gated community in the heart of Corona Del Mar. The community consist of attached homes which many are single story. In Jasmine Creek you will find homes with ocean views or green belt views. It is a quiet community which features a club house, tennis courts, and 3 swimming pools. Located just blocks from the Corona Del Mar Village, where shopping and dining is first class!

Jasmine Creek was built in the 1970's by M.J. Brock. There are 6 floor plans 3 are single level. The homes range from 1850 sq. ft. to almost 2600 square feet. They all have 2 car garages, fireplaces, and either a family room or den.

Today there are only 4 active sales available. Starting at $1.050,000 all the way up to $1,895,000. If you have any questions regarding Jasmine Creek, Corona Del Mar, or Newport Beach, feel free to contact me.

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