Search luxury homes for sale in Long Beach, CA with real estate experts, The Elmer Team.
The housing market in Long Beach, CA remains somewhat competitive, with homes for sale in Long Beach, CA receiving an average of 3 offers and selling within approximately 36 days. Last month, the median sale price of a home in Long Beach reached $840K, reflecting a 6.3% increase compared to the previous year. However, the median price per square foot for Long Beach homes for sale slightly decreased by 0.64%, now standing at $622. Despite this, Long Beach continues to attract buyers seeking a blend of coastal living and investment potential.
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Getting a luxury home in Long Beach, CA, offers several attractive benefits that might interest prospective homeowners or investors. Here are three reasons why you should consider getting a luxury home in Long Beach, CA:
Long Beach is renowned for its strategic location within the Greater Los Angeles area. Positioned directly on the Pacific Coast, residents enjoy stunning ocean views, beachfront access, and a vibrant maritime culture. The city’s weather is another major draw, characterized by a Mediterranean climate that ensures mild, pleasant temperatures throughout the year. This makes it an ideal place for outdoor activities and enjoying a laid-back, beach-centric lifestyle, enhancing the desirability of luxury properties in the area.
Long Beach offers a rich mix of cultural and recreational activities, making it a lively place to live. The city hosts numerous events and festivals, including the Long Beach Jazz Festival and the Grand Prix of Long Beach, adding to the vibrant local culture. Furthermore, residents can enjoy high-end dining options, sophisticated shopping, and a wealth of museums and art galleries like the Long Beach Museum of Art. For those seeking active leisure, there are plentiful parks, marinas, and golf courses. This dynamic blend of activities enhances the quality of life for those residing in luxury homes in Long Beach.
Long Beach has a growing economy with strong sectors in technology, aerospace, and goods movement, thanks to its port, one of the busiest in the world. This economic vibrancy attracts professionals and boosts property values, making luxury homes in Long Beach a sound investment. The city's ongoing development and improvement plans also suggest potential for future appreciation in real estate values. For those looking to invest, the economic stability and growth prospects of Long Beach make purchasing a luxury home here a promising venture.
For detailed, up-to-date information on buying a luxury home in Long Beach, including legal considerations and market trends, you can talk to us.
A luxury home in Long Beach is typically defined by its prime location, high-end finishes, spacious layouts, and access to premium amenities. These homes often feature architectural distinction, custom design elements, and state-of-the-art appliances. Luxury properties may also offer expansive outdoor spaces, oceanfront views, and private pools, with some homes positioned directly along the water or in prestigious gated communities. Long Beach luxury homes are known for their proximity to the beach, marinas, and vibrant city life, providing a perfect blend of modern living and coastal elegance. In general, homes priced above $1.5 million with these characteristics fall into the luxury category.
Some of the best neighborhoods for luxury homes for sale in Long Beach, CA include Belmont Shore, Naples Island, and Alamitos Heights. Belmont Shore offers waterfront properties with stunning ocean views, a laid-back beach atmosphere, and easy access to trendy shopping and dining options. Naples Island, known for its picturesque canals and exclusive feel, features some of the most coveted waterfront homes in the city. Alamitos Heights is another upscale area, known for its tree-lined streets and proximity to parks and the marina. Park Estates is ideal for buyers seeking estate-style homes on larger lots with plenty of privacy, while Bixby Knolls combines luxury living with a strong sense of community and historical charm.
The Long Beach real estate market remains competitive, with steady demand for both luxury and standard homes. Luxury homes in Long Beach are particularly sought after due to their location and lifestyle benefits. On average, homes in Long Beach are selling faster compared to previous years, and while inventory can fluctuate, well-priced luxury homes tend to attract multiple offers, especially those located in prime waterfront neighborhoods. Given the rising demand and limited supply, prices for luxury homes for sale in Long Beach, CA have seen consistent appreciation, making it a strong market for both buyers and investors. As interest rates and buyer preferences evolve, the market continues to show resilience and growth.
Property taxes in Long Beach, including for luxury homes, are based on the assessed value of the property and typically fall under California’s Proposition 13, which caps the annual property tax increase to a maximum of 2% per year. Generally, property taxes in Long Beach are about 1.1% of the home's assessed value. For luxury homes for sale in Long Beach, CA, this can translate into significant annual taxes, depending on the home's purchase price. Buyers should also be aware that any substantial home improvements or remodels may trigger a reassessment, potentially increasing property taxes. In addition, certain neighborhoods with high-end amenities may also have additional fees for homeowners' associations.
Living in Long Beach offers a vibrant, coastal lifestyle with the perfect balance of urban conveniences and outdoor recreational activities. Residents of Long Beach luxury homes can enjoy a mix of beachfront living, boating, and water sports, particularly if they choose to live in areas like Naples or Belmont Shore. The city has a lively cultural scene, with numerous art galleries, theaters, and festivals. Long Beach is also home to high-end dining, shopping, and golf courses, making it ideal for those seeking an upscale lifestyle. With its mild year-round climate and easy access to Los Angeles and Orange County, Long Beach is perfect for professionals, families, and retirees looking for both relaxation and cultural enrichment.
Eager to elevate your lifestyle with a luxury property in Long Beach? Whether you're just beginning your search or you're ready to make a move, we're here to guide you every step of the way. From exclusive listings to tailored advice, our team ensures a seamless and personalized experience. Don’t hesitate to reach out — let us help you find the perfect luxury home that meets all your desires.
Curious about what makes Long Beach, CA, so unique? From the historic Queen Mary to the tranquil gardens of Naples, every corner of Long Beach tells a story. Whether you’re a history buff, a beach lover, or someone who enjoys a vibrant nightlife, our comprehensive Neighborhood Guide is your key to uncovering the treasures of Long Beach.
Find out how today’s market shift lets you skip bidding wars and secure a great deal on your next home.
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