Newport Beach, Calif.
Newport Beach, Calif.
Average price in area: $2.537 million
This house: $2.195 million
Description: 5 beds, 2 baths and 2 half-baths; 3,000 square feet

Newport Beach is one of the most popular recreational boating locations in California. That, and the warm climate, has helped attract one of the most affluent populations in the United States. Median household income is well over $100,000.

Coldwell Banker found the average listing price for a four-bedroom, two-bath home has nearly doubled over the past two years to more than $2.5 million.

This home occupies a tiny plot on Balboa Island, but it's on the Grand Canal with a private boat dock and access to the harbor and the nearby Pacific Ocean. Both the living room and master bedroom have canal views and there is a roof deck that allows you to watch the sun set over the ocean.

More information: Coldwell Banker


Last updated June 24 2011: 10:48 AM ET
Join the Conversation

Kenny Rogers' former home in Athens, Ga., on 1,000 acres, with an equestrian center and 18-hole golf course, can be yours for $20 million. More

If you're hunting for a real estate bargain, look no further: Here are 10 cities where the typical home costs less than $82,000. More

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.