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Monday, 26 November 2018 20:10

Cameo Shores Corona Del Mar modern

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This Cameo Shores neighborhood is made up of good to excellent quality SFRs. Cameo Shores has direct access to adjacent beach via private gated access which is included in Cameo Shores association. Cameo Shores is close to major support facilities including shopping (Fashion Island), schools, hospital (Hoag Memorial Hospital Presbyterian), airport (John Wayne) and employment (Newport Center, Irvine/Newport business district). The neighborhood is adjacent to Newport Harbor which houses the largest number of pleasure boats in the world and includes four yacht clubs and the Balboa Bay Club (Social). Some homes have good to excellent ocean views which can be a major value contributor depending on the quality of the water view.  Location is primary in this market and it is common that the purchase of a "typical of the neighborhood" SFR will be torn down in favor of the purchasers exact needs and wants. Living areas for sales over the past 2 years range from apx. 1,000 to 10,168 SF, average was apx. 3,416 SF. Lot areas were from 1,530 to 29,000 SF, average was apx. 7,618 SF. Days on the market was from 0 to 792 and the average was 97 days.  Sale/List price ratio was 93.50%

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