Park Ave / N Bayfront median real estate price is $2,725,335, which is more expensive than 99.2% of the neighborhoods in California and 99.9% of the neighborhoods in the U.S.
The average rental price in Park Ave / N Bayfront is currently $2,407, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.6% of the neighborhoods in California.
Park Ave / N Bayfront is a densely urban neighborhood (based on population density) located in Newport Beach, California.
Park Ave / N Bayfront real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Park Ave / N Bayfront neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Park Ave / N Bayfront. The current real estate vacancy rate here is 27.7%. This is higher than the rate of vacancies in 92.9% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (22.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.