Today we'll begin a series on Luxury Waterfront Properties around the country. We'll show you what's happening in certain markets, and what is available.
Regardless of your opinion on where the market stands, one thing remains the same—waterfront is still waterfront. There is only so much of it to go around. Making it the top-of-the-line choice when it comes to buying property. The waterfront options might seem endless, choosing from the New England coast, across to the California cliffs, down to the Florida beaches, and back up to the Southern lakeshores, but the availability of such places is finite. For the first time in years, buyers are being handed deals on silver platters, and they are starting to take advantage of what’s being offered. The market is in the palm of your hand. All that’s left to do is figure out where to look.
The Real Deal
Commonly referred to as the O.C., Orange County is famous for its many oceanfront cities. Varying from the close-knit community of San Clemente to the low-key beach cottages of Laguna Beach to the extravagant estates of Newport Beach, each city offers different experiences and environments yet with one common thread—waterfront property.
“Waterfront homes’ prices finally adjusted so you can get some really good deals,” says Lee Ann Canaday of Canaday Group/ RE/MAX Fine Homes, owner of the RE/MAX franchise in Newport Beach and Laguna Beach. “The deal is not just with the price but with lower tax bases too.”
Among one of the many of Canaday’s good deals is an 8,000-square-foot oceanfront estate with six bedrooms and five-and-a-half baths in San Clemente. Canaday says this property is unique because it is in a gate-guarded community, which is very rare anymore for oceanfront properties, and it has a pool and basement, which most oceanfront homes do not have either. Incredible two-story doors in the living room accentuate the home’s breathtaking view of the Pacific Ocean.
Residents of this amazing community oftentimes spend their day at the community beach, pool, or park partaking in tennis, volleyball, or surfing and then finishing the night off barbequing around the beach fire pits. “There can’t be a better place to live,” Canaday says. “It’s absolutely incredible.”
San Clemente Luxury Real Estate Listings