Imagine buying an acre of land in Newport Beach, California for only $1. Arguably one of the most beautiful areas of Pacific coastline, $1 was the going rate to purchase an acre of land from the California government in the 1800’s. Prior to the arrival of the Spanish and subsequent Mexican-American war, the Newport area was heavily inhabited by Native Americans. Relics and Indian shells from their daily life can still be found scattered throughout the Newport Beach area today.
Now home to more than 85,000 residents, Newport Beach ranked 9th for the highest housing prices in the United States. The canyon which makes up the Upper Bay area of Newport Beach was carved out by a local stream during the Pleistocene Period. Ocean currents carrying sand formed the lower bay of Newport much later. Together Newport Harbor and Newport Bay make up the ultra-exclusive, private neighborhoods of Newport Island, Balboa Island, Little Balboa Island, Harbor Island, Lido Isle, and Linda Isle.
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