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Newport Beach · Homes for Sale

Newport Beach Luxury Homes Over $5 Million


Newport Beach above $5 million is mostly about the water: bay frontage, harbor islands, ocean bluffs and gated hillside communities with long views of the coast.

Neighborhoods at This Price

On the harbor, Lido Isle, Linda Isle, Harbor Island and Balboa Island hold many of the bayfront listings, some with private docks. Corona del Mar adds ocean-view streets in Shore Cliffs, Cameo Shores and Irvine Terrace. Up the hill, Newport Coast includes guard-gated communities such as Crystal Cove and Pelican Crest, and Big Canyon wraps around a private golf course. Dover Shores and the Bayshores area also front the bay.

What the Budget Buys

At this level you may be choosing between frontage and size. A bayfront home can sit on a narrow lot, while a Newport Coast estate may offer more square footage and a larger yard with a view. Newer construction and remodeled homes command the top of the range. Before you tour, decide whether you want harbor views, open ocean views or a cul-de-sac lot in the hills, because each one narrows the list quickly.

HOA, Dock and Coastal Notes

Many Newport Coast homes have both a master association and a sub-association, each with its own dues. Bayfront owners should ask how the dock is permitted and what the city charges for it each year. Much of the city sits in the coastal zone, so remodels near the water may need coastal permits. Ask and verify all of these before you write an offer.

Paying for a Newport Beach Home

Purchases here are often cash or jumbo financing. Some buyers use portfolio or asset-based loans. Treat this as general information and get terms from a licensed lender.

Call Jay About Newport Beach

Call (949) 822-8702 and Jay can walk you through current Newport Beach options at this price. If you own a home now, get a free home value too.

Other Price Ranges Nearby

See the wider Newport Beach market on our Newport Beach homes for sale page. Related searches: Laguna Beach homes over $5 million, Irvine homes over $2 million, Huntington Beach homes over $1 million.

Jay Romero, Broker, DRE 01343079 | Miamar Realty | Call (949) 822-8702

Miamar Realty | Corporate DRE #02192235 | 14241 Firestone Blvd #400, La Mirada, CA 90638 | Equal Housing Opportunity.

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