February 14, 2020— Landsea Homes today announced that its luxury coastal community of Lido Villas in Newport Beach has sold out — in just one year.
Lido Villas is one of the last remaining properties in Orange County that offers panoramic Newport Bay views and prime access to outdoor recreation, gourmet dining and entertainment. Designer furnished spec homes debuted in early April 2019.
“We’re not surprised in the least by how well-received and how quickly Lido Villas sold out,” said Tom Baine, president, Landsea Homes, southern California division. “These homes provide unique, laid-back luxury living with coveted access to one of the world’s most beautiful coastal playgrounds.”
The enclave of 23 townhomes are priced from the high $1 millions, and include open floor plans ranging from approximately 1,818 to 2,303 square feet with two to three bedrooms, an expansive rooftop deck, walk-in closets, two-car garages and energy-efficient features.
Each home features gourmet kitchens, chef-grade appliances, a wall of windows that invite the natural lighting and an adjacent deck for al fresco entertaining.
Residents enjoy upscale boutique shopping and artisan dining at the new Lido House Hotel, charming and waterside Lido Marina Village and tranquil Lido Isle. The luxury oasis location offers close proximity to high-end shopping at Fashion Island, and outdoor enthusiasts looking for scenic stops can visit Upper Newport Bay Nature Preserve, regional trails or a walk or bike ride down Pacific Coast Highway.
Strong sales are prevalent across the Landsea Homes portfolio, as they recently sold out the Sagebluff community in its Lake Forest master-planned community of IronRidge, and have reached more that 120 home sales at The Westerly in Simi Valley, including 13 homes in the first six weeks of 2020.