Orange County beach sales top $14M
- Newport Beach’s Bayshores enclave logged a $33.5 million waterfront home sale in April, while Newport Coast’s Pelican Crest closed another mansion deal at $30 million. - The Bayshores sale at 2668 Bayshore Drive set that guard-gated community’s record, and ranked as Newport Beach proper’s priciest recorded sale of 2026. - Countywide prices rose, but California sales stayed sluggish in March as rates and volatility kept buyers cautious. (car.org)
Newport Beach just posted two nine-figure-adjacent coastal closings in one month: a $33.5 million sale in Bayshores and a $30 million sale in Newport Coast. (therealdeal.com 1) (therealdeal.com 2) The bigger of the two was 2668 Bayshore Drive, a waterfront mansion in the guard-gated Bayshores community that closed for $33.5 million and set a local record there. The Real Deal reported the sale on April 10 and said it was Newport Beach proper’s priciest recorded deal of 2026. (therealdeal.com) A week earlier, The Real Deal reported that 36 Pelican Crest Drive in Newport Coast sold for $30 million after listing near $50 million in July 2025 and taking several cuts before going into contract in February. The 13,206-square-foot house closed in March. (therealdeal.com) The Pelican Crest property shows how even trophy homes are trading only after price resets. Its asking price fell to about $31.9 million before the buyer emerged, nearly $20 million below the original list. (therealdeal.com) Those closings stand out against softer broad-market signals. In March 2026, Newport Beach’s median sale price was $3.4 million, down 8.5% from a year earlier, with 102 homes sold, down from 104. (redfin.com) Orange County overall looked firmer than Newport Beach alone. Redfin said the county’s March median sale price was $1.26 million, up 4.9% year over year, with 1,875 homes sold versus 1,849 a year earlier. (redfin.com) California’s statewide backdrop was weaker. The California Association of Realtors said March existing single-family sales ran at a 265,320 annualized pace, down 3.5% from February and 2.5% from March 2025. (car.org) That mix helps explain the split in Orange County: marquee coastal addresses are still producing $30 million-plus trades, while the broader market is moving more slowly and with more buyer hesitation. (therealdeal.com) (redfin.com) (car.org) For now, the clearest signal is geographic. Orange County beach enclaves are still clearing ultra-luxury deals above $30 million, even as the wider California housing market remains cautious. (therealdeal.com 1) (therealdeal.com 2)
