- Aerial photo of Newport Beach
Newport Beach Gateway, Mariner’s Pointe
What was your opinion? Were you for it? Or opposed to it? By now you should have heard, a new two-story commercial building and a three story parking structure are moving into town! On Tuesday, August 9th at the Newport Beach Regular City Council Meeting, our Mayor Michael F. Henn and his fellow council members adopted Resolution No. 2011-86 approving the Revised Mariner’s Pointe project.
What does this mean to us, the residence of Newport Beach, that pass by the intersection of Dover and Coast Highway on a daily basis?
It is my hope, that sometime around Christmas of 2012 we might actually be walking down Coast Highway, with our Starbucks in-hand of course. While doing so we will be looking at an entire new streetscape which will include classy new architecture and landscaping that encourages us to stop along this stretch we call Mariner’s Mile, and enjoy the AMAZING HARBOR views that we so frequently fly right by! Is it not true that most of the time, we are simply just speeding through this area because we are in a RUSH to… (Insert almost anything here) some of my favorite examples include:
Believe it or not, AND NOT SOON ENOUGH, that tacky green fencing might actually be gone!
And in its place we may have options to stop shop and indulge ourselves at a new Medi Spa, outdoor café, a flagship Winston Jewelers or even a place for one of our kido’s to apply for their first job!
I heard a local Cliff Drive/Kings Road resident step up to the podium at the council meeting and clearly proclaim her excitement for the Mariner’s Pointe project. This young woman shared that she has two young children, with a third one “on-the- way” and she is looking forward to her children walking down the street to work at the local neighborhood Mainer’s Pointe shopping center someday!
To sum it all up, I think this project is exciting and yet another fantastic step towards the revitalization of Newport Beach! Love where you live, and live where you love! That’s why we LoveCdM.com and LoveBalboaPeninsula.com.
- Coroan del Mar State Beach- Little Corona
If you have been on the fence to buy Corona del Mar Real Estate recently because of all the uncertainty in today’s economy, we would like to share a few reasons why now a great time to buy in Corona del Mar, CA.
- Buyers can get a great deal. Prices are down 30 percent on average, and are at a level that makes sense for potential buyer’s income.
- Mortgages are cheap. At 4.3 percent on average for a 30-year fixed-rate mortgage, buyer’s costs to own are down by a least a fifth from two years ago. Buyers can get their dream home using someone else’s money!
- Tax savings are still prevalent. The combination of mortgage interest and other deduction can bring the cost of owning a home below the cost of renting a comparable Corona del Mar residence.
- It will be yours! The one benefit of owning that never changes is your ability to make it your own (remodel, landscaping, colors, etc.). How many landlords will let you do that?
- Buyers can get better homes in this market. In the Corona del Mar real estate markets, it’s simply the case that the nicest places are for sale and their prices are significantly less than 2-5 years ago.
- Owning a home offers some inflation protection. Historically, appreciation over time outpaces inflation.
- Buying a home is a capital investment. When the economy picks up, a buyer will benefit of the appreciation and be living in the home of their choice.
- Buying a home is essentially forced savings. Each month a party of the buyer’s payment goes to equity.
- The choice of inventory is incredible now. There are some 4 million homes available today – about a year’s supply. Now is the time for a buyer to get the home of their dreams.
- Sooner or later the market will clear out the current inventory. The U.S. is expected to grow by another 100 million people in 40 years. These people have to live somewhere, so demand will eventually outpace supply.
Everything is cyclical. History shows that what goes down eventually comes back up due to improvements in the economy and changes in demographics. When investors and builders are buying – this is a great indicator for other buyers to jump in. We have worked with several Corona del Mar real estate builders who have several projects for new construction in the Corona del Mar Village.
Owning real estate is still the best investment anyone can make over a 2-5 year period. To search all active Corona del Mar real estate, please visit www.LoveCdM.com
If you would like to invest in your future, please call or email the Brown and Stowell Real Estate Team at 949-413-1402 or bavila@surterreproperties.com
- The Brown and Stowell Team having fun on the beach
- 8th Annual Corona del Mar Village Block Party
The Brown and Stowell Team, a local Corona del Mar real estate team, of Surterre Properties is hosting the 8th annual Corona del Mar Block Party at Begonia Park this weekend. Please join the Corona del Mar real estate specialist on Sunday August 7th from 2-5pm for Mexican food from Avila’s El Ranchito, music and games. The weather should be great this weekend so why not stop by for some food, fun and to meet your local real estate agents.
Please call or email Michelle Brown for more information at 949-212-2576/ michellebrownagent@att.net
The Brown and Stowell Real Estate Team’s office is located in the heart of the Corona del Mar Village at 2515 East Coast Hwy, a few doors down from Avila’s El Ranchito. To learn more about Corona del Mar real estate, please visit www.LoveCdM.com.
- The Brown and Stowell Team having fun on the beach
In keeping with the Brown And Stowell team’s ongoing commitment to important causes, Michelle Brown participated in the 2009 American Airlines Celebrity Golf and Tennis Tournament to benefit the Susan G. Komen for the Cure during a 3-day event. Throughout its 15 years as a prominent Southern California-based event, participants have raised millions of dollars for this well known cause which includes prevention, early detection and a cure for Breast Cancer.
Well known attendees included Brooks Robinson, Hall of Famer with the Baltimore Orioles; Coach Robert “Bobby” Knight, whose name is synonymous with winning; Bill Russell, NBA Legend; Rod “Mr. New York Hockey” Gilbert and Hall of Famer; Basketball Hall of Famer John Havlicek; Rod Laver, the only tennis player ever to win the Grand Slam twice; K.C. Jones of the Boston Celtics; Two-time Super Bowl champion, Matt Bahr; John Sununu, former White House Chief of Staff during the Bush Administration – and many actors and TV personalities including Lenny Clarke, Julie Moran, John York and Wendy Malick to name a few. LPGA legends Sally Little and Jane Blalock donate their time each year, and were on hand again this year to help each foursome get a little closer to the pin of the contest par 3.
After 18 holes of golf each day, the fun continued well into the evening with events such as a performance by the lead singers of Survivor, Toto and Santana, a live auction, and dancing in the hospitality suite.
If you have a passion for golf or tennis and would like to help raise money for an incredible cause while enjoying a top-notch memorable weekend, please visit http://www.AAEvents.com to find out more about next year’s event. Or email us anytime.
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Actor Gordon Clapp, Michelle Brown and Comedian and Actor Lenny Clarke
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Brooks Robinson and Michelle Brown
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Rob Moran (South of Nowhere), Michelle, and John York (General Hospital)
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Michelle Brown and LPGA Legend Sally Little
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Roger Shambaugh, Michelle, and Coach Bobby Knight
Michelle Brown tried bungee jumping for the first time at age 47! “It takes a moment of fearlessness to actually make the jump into a 350 foot canyon”, explained Michelle. “It makes working in real estate feel like a piece of cake! Many buyers out there right now are fearful of the real estate market”, she said. “I can honestly say that buying real estate, holding real estate and investing in real estate are the best decisions I’ve ever made”. Michelle and her real estate partner, Eliisa Stowell feel strongly that doing your homework and working with the right agent makes all the difference when it comes to making the best real estate decisions. Investing in your future is always the best decision!
For more information about Michelle’s crazy antics or REAL HONEST real estate advice, contact Michelle at (949) 212-2576 or send her a quick email.
NEWPORT BEACH – Despite a sluggish economy, the Brown & Stowell Real Estate Team of Surterre Properties remains a positive force in the coastal market. This market is somewhat challenging,” explained Eliisa Stowell, “however, we have continued to stay focused on the goals and objectives of our clients, resulting in successful transactions and great satisfaction on the part of our buyers and sellers.” Recent showing activity and statistics prove that today there is a large demand from local residents who desire to move up and obtain more amenities in another home, and from out-of-area buyers who now have a better opportunity to move to the seaside.
Corona del Mar Village’s go-to real estate experts combine a multitude of skills with extensive market knowledge and a tireless work ethic giving them a noted edge over other agents. “We have a significant presence in the Village,” remarked Michelle Brown. “We are residents of Corona del Mar and as a team of four professionals, including Angela Vanproyen and Bianca Avila, we are passionate about this community and we enjoy doing business here. “We have created an extensive list of valuable contacts that broaden our reach for our sellers and create terrific opportunities for our buyers and investors, therefore slightly sidestepping a softer economy.”
The Brown & Stowell Team is a passionate supporter of local schools, charitable organizations and events. Most recently, Michelle Brown attended to the 15th Annual Celebrity Golf Tournament to benefit Susan G. Komen for The Cure. Other participants included sports legends Brooks Robinson, Bobby Knight, Bill Russell and Rod Laver.
The Brown & Stowell Team’s Available Properties:
- 433 Fernleaf (APPROX. 3500 SF home w/pool; 60 ft lot) $3,795,000 or $9000/mo.
- 430 Marigold Avenue (Turn-key corner duplex) $1,449,000
- 37 Shade Tree (APPROX. 2000 SF; 3 bed/3.5 bath detached in Turtle Ridge) $925,000
- 521 Fernleaf (corner duplex south of PCH) $1,399,000
- 31951 Monarch Crest (APPROX. 6600 SF custom estate with forever views) $4,499,000 – subject to Short Sale Approval by Bank
- 3136 Corte Portofino (APPROX. 2000 SF single family detached home in Newport Beach) $929,000
The Brown & Stowell Team focuses their efforts primarily in Corona del Mar, however, they conduct business in all coastal areas of Orange County including Newport Beach, Newport Coast, Crystal Cove, Laguna Beach, Irvine and Huntington Beach.
Contact Brown Stowell Team members individually by visiting their team page.
