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Townhomes for Sale in Cherry Lake Area, Newport Beach

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Overview
Market Summary
1 Bedroom Townhomes
2 Bedroom Townhomes
3+ Bedroom Townhomes
Pet-Friendly Townhomes
Neighbourhood
Demographics

About Cherry Lake Area

Cherry Lake Area, nestled in the picturesque Newport Beach, offers a serene coastal lifestyle with stunning waterfront views. The district is known for its scenic parks, walking paths, and easy access to beautiful beaches, making it ideal for outdoor enthusiasts. Residents enjoy a variety of dining options, boutique shops, and vibrant community events. With convenient transportation links via the Pacific Coast Highway and nearby public transit, commuting to Los Angeles and surrounding areas is hassle-free. This blend of natural beauty and modern amenities makes the area an attractive place to live and visit.

Cherry Lake Area Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

No average condo size data available.

Pricing and Liquidity

No price and liquidity data available.

1 Bedroom Townhomes

Unable to find 1 bedroom townhomes in Cherry Lake Area.

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2 Bedroom Townhomes

Unable to find 2 bedroom townhomes in Cherry Lake Area.

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3+ Bedroom Townhomes

Unable to find 3+ bedroom townhomes in Cherry Lake Area.

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Pet-Friendly Townhomes

Unable to find pet-friendly townhomes in Cherry Lake Area.

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The Neighbourhood: Cherry Lake Area

Cherry Lake Area is a lakeside neighborhood in Orange County, California. The area has parks, walking paths, and lakefront space for outdoor activities. The district includes small shops, cafes, grocery stores, and schools that serve daily needs. Healthcare clinics and service businesses sit nearby. The area hosts local events and small farmers' markets. Local roads connect to nearby highways, and scheduled bus service links the district to surrounding towns. Bike lanes and trails offer extra ways to get around. The district provides direct access to parks, services, and regional transit.

Demographics

Average Resident age38 years old

Average household Income$126,895 /year

Average HouseHold Composition2 People

What to know about Cherry Lake Area demographics:

Approximately 28.34% of adults in Cherry Lake hold a bachelor's degree or higher, showcasing a well-educated population.
The average age of residents in the Cherry Lake area is around 38 years, appealing to both young professionals and families.

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Frequently Asked Questions about Cherry Lake Area

What is it like to live in Cherry Lake Area, Newport Beach, CA?

Living in the Cherry Lake Area offers a suburban feel with close proximity to Cherry Lake Park and the waterfront. Residents enjoy a mix of community amenities, outdoor activities, and convenient access to local shops and dining. The area is known for its family-friendly environment and a strong sense of community.

Is Cherry Lake Area, Newport Beach, CA expensive?

The Cherry Lake Area in Newport Beach is considered expensive, with real estate prices significantly above the national average. The cost of living is elevated, driven by the area's affluent lifestyle, coastal location, and proximity to high-end amenities.

What is the weather of Cherry Lake Area, Newport Beach, CA?

The Cherry Lake Area experiences a Mediterranean climate, characterized by mild, wet winters and warm, dry summers. Average temperatures range from 50°F in winter to around 75°F in summer, with minimal rainfall primarily occurring between November and March.

How safe is Cherry Lake Area, Newport Beach, CA?

The Cherry Lake Area in Newport Beach is considered a safe neighborhood, with crime rates significantly lower than the national average. The area benefits from active neighborhood watch programs and a strong police presence, contributing to its overall safety.