Hot Market: Newport Beach, California

By Coldwell Banker Global Luxury By Coldwell Banker Global Luxury | December 13, 2023 | Home & Real Estate Sponsored Post

Situated at the tip of the Balboa Peninsula, this legendary oceanfront oasis illustrates the most appealing trends in luxury real estate today.

Situated on two oceanfront lots of prime Orange County real estate, 2168 E Oceanfront in Newport Beach is the perfect example of what buyers are looking for in a luxury home. Along with its substantial size and breathtaking views of the legendary Wedge surf break, the design of this home exudes some of the most sought-after trends in luxury real estate right now.

Hot Trend: Immersive Living
In scenic locations like beaches, mountains and lakes, luxury buyers are looking for homes that capitalize on the surrounding natural beauty and bring the outside in. This trend is represented flawlessly in this oceanfront property through the incorporation of floor-to-ceiling windows, stacking doors and approximately 140 feet of combined view frontage that give an “on the water” effect. According to listing agent and Coldwell Banker Global Luxury® Property Specialist, Tim Smith, the design of this oceanfront property was completely inspired by the surrounding environment—a concept growing very popular in naturally picturesque areas.

Hot Trend: Harmonious Materials
Furthering that sense of connectedness to the surrounding landscape, Smith notes that another trend growing in luxury real estate is the deliberate use of materials that work in harmony with the exterior environment instead of competing with it. This 4-bedroom, 3.5-bathroom property incorporates white oak, hemlock wood and earth tones into its contemporary design to do exactly that. One example is the great room’s fireplace surround, which brings in the spirit and colors of the coves around the channel and the sand on the beach. This melodious use of materials creates a sense of peacefulness that is currently a big draw for luxury buyers.

Hot Trend: Room to Grow
The more time people tend to spend at home, the more personalized they want their homes to be. So, having the ability to expand and create custom areas on the property is becoming increasingly important to luxury buyers. With two large lots and 8,505 square feet to work with, this Balboa property has a plethora of room to play with different expansion options. From a guest house to a luxurious gym, buyers want the option to add spaces that match their lifestyle, now more than ever.

Find your next indoor-outdoor escape: coldwellbankerluxury.com.

Check out more of Tim Smith’s listings on Instagram. @timsmithrealestate timsmithrealestategroup.com.



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