Channel Reef is a gated condominium community in Corona del Mar, CA, perched along the waterfront side of Ocean Blvd. With views of the Newport Harbor, the Wedge, Pacific Ocean, and Catalina Island, the complex is in the trophy location in the Newport Beach area.
The Channel Reef complex offers a gated security entry, an on-site property manager, heated saltwater pool and spa, and private boat docks for residents.
The Channel Reef building is six stories high, with eight condos on each level — along with a three-level parking structure, attached by direct walkways. All condos are two-bedroom, two-bath and 1,200 square feet. Each unit offers one parking stall in the structured parking area. Each of the 48 units offers a spectacular view of the Newport Harbor, entrance to the channel, the Pacific Ocean, and Catalina and San Clemente Islands.
Over the years, Channel Reef condos have sold for $1,050,000 to $1,950,000. The location, features and upgrades attribute to the widespread range of prices.
Within the past two years, condos have leased for an average of $5,000 per month.
Contact Renee regarding the assessments that have been completed and the assessments that will soon be completed.
Channel Reef is steps away from the AERIE Project, soon to be completed within the next two years.
Ask Renee West (at 714-914-9060) about the recent Channel Reef renovations.