Corona Del Mar

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Corona del Mar is a beautiful and quaint urban neighborhood in the affluent city of Newport Beach. It is located in Orange County, California approximately 80 miles from San Diego and forty from Los Angeles. The neighborhood is known for its beautiful beach, breathtaking views along the cliffs and uniquely charming shops and boutiques. Corona del Mar roughly translates to "Crown of the Sea" and it also known simply as CDM. The neighborhood is popular among urban sophisticates, executives, retirees and everyone in between. It features gated and guarded communities as well as those without gates and guards. It is a semi diverse neighborhood in terms or race and ethnicity. Common ancestries among residents include German, Irish, English and Swiss. English is the most commonly spoken language in the community followed by Spanish.

CDM is a wealthy neighborhood and falls among the top 15% of the nations wealthiest neighborhoods according to income. It has a mixed workforce of both blue and white collar workers. In 2000, the population of the neighborhood was 13,407 and the population density was 1,997 people per square kilometer. In the same year, the median household income was $150,323 and the per capita income was $96,704. The current average rental price is $2,576. The neighborhood has a vacancy rate of 9.3% Though daily commutes are often necessary most residents of CDM prefer to drive their own vehicles. Uniquely about 11% of the workforce avoids commuting altogether and work from home. These workers predominantly telecommute and the remainder work freelance and in home-based businesses.

Public education for the youth of the neighborhood is provided by the schools of the Newport-Mesa Unified School District. Local schools include Anderson Elementary, Eastbluff Elementary, Mariners Elementary, Corona del Mar Intermediate School and Corona del Mar High School. Local private schools include the California Pacific Charter School, Carden Hall, Newport Christian, Susan Phillips Day School and others. There are many local attractions in and around Corona del Mar including  Sherman Library and Gardens, Big Corona Beach and Little Corona Beach, Corona del Mar State Beach, Crystal Cove State Park, Fashion Island and more. Sherman Library and Gardens is a spacious and beautiful set of botanical gardens and living museum horticulture displays that spans 2.2 acres. The various beaches are known for their beautiful views, sparkling sand and wonderful waterfront activities. Fashion Island is an upscale open air lifestyle center featuring housing, retail spaces, eateries and more.

Homes for sale in the community include luxury real estate, ocean view homes, single family traditional homes mostly closely spaced to make room for the maximum number of homes in the neighborhood. Most residences were built from 1940 to present about half of which were born before 1970 and about half after 1970. Home prices range from around $650,000 to around 75 million. Other real estate options include townhomes, condominiums and apartments for rent, sale or lease. To begin your home search in beautiful Corona del Mar, call local real estate agents and experts Tom & Paula Pelton at 949-415-4285. Call today, do not wait to find the home of your dreams.

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