OC Business Journal

Parkhouse Residences in Newport Beach is Over 50% Sold as Construction is Well Underway

Local Developers Shopoff Realty Investments Make Their Mark on the City’s Newest Luxury Condos

Shopoff Realty Investments, a leading national real estate and investment firm based in Irvine, is well underway with construction on the highly anticipated Parkhouse Residences, the only brand-new luxury condominium development of its kind on the horizon for Newport Beach.

With the community over 50% sold, demand has been high for this selection of residences priced from the $2 millions to over $4 million. Part of the $1.25 billion master-planned community of Uptown Newport, located near Jamboree Road and MacArthur Boulevard, Parkhouse is comprised of five, five-story buildings featuring a limited collection of 30 homes with a combination of threebedroom, half-floor flats and two-story penthouses. Set beside a secluded park and the Back Bay Nature Preserve, the boutique enclave is the culmination of nearly a decade of design and planning in order to create a thoughtful and timeless experience.

“Parkhouse Residences is a passion project fueled by the desire to cater to the California lifestyle that blends refined style with effortless living,” said Bill Shopoff, president and CEO of Shopoff Realty Investments. “Bringing these brand-new, luxurious residences to homeowners in the Newport Beach market is a milestone moment and one that has been exceptionally well-received.”

With residential interiors by internationally acclaimed and locally adored Blackband Design, Parkhouse is the epitome of sophisticated coastal chic living, with oversized windows and seamless terraces, that usher in Southern California’s iconic light and ocean breezes. The great room of each condominium home is designed to flow effortlessly onto the terrace, separated only by dramatic triple-sliding window walls. Anchored by a central fireplace, the homes at Parkhouse are both warm and open. The centrally located kitchen is an art piece unto itself. Designed as a dazzling complement to the great room, the grand kitchens are intended for the casual cook, the serious entertainer and everyone in between. Finished in custom millwork and countertops, and outfitted in the latest appliances, every detail of the kitchens were meticulously hand selected and positioned to optimize functionality and space. Light-filled, oversized primary suites are tucked away for privacy from the great room and feature windowed five-fixture bathrooms and spacious walk-in closets.

Effortless living extends to thoughtful amenities too including a lap pool and hot tub, a resort-inspired cabana, a state-of-the-art fitness center, private garages, direct elevator entry and, just outside, Parkhouse’s namesake – the pristine one-acre Uptown Park, a shaded, grassy village green.

The Parkhouse Residences sales and design gallery, located at 4440 Von Karman Ave, Suite 240 in Newport Beach, is open to the public by private appointment. Polaris Pacific, the leading real estate sales and marketing group for new residential communities, is handling the sales and marketing for the community. To book a private appointment, call (949) 651-6000 or email info@parkhouseresidences.com. For more information visit ParkhouseResidences.com.

SHOPOFF REALTY INVESTMENTS

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2022-05-23T07:00:00.0000000Z

2022-05-23T07:00:00.0000000Z

https://ocbusinessjournal.pressreader.com/article/282372633223274

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