In one week, Shopoff Realty Investments is launching the sales of Parkhouse Residences, the only new condominium development on the horizon for Newport Beach. A selection of residences priced from $2 million to more than $4 million will be available as part of the first release of homes. The initial sales release will feature a selection of three-bedroom homes ranging in size from 2,000 to 3,000 square feet. 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 three-bedroom, half-floor flats and two-story penthouses.

The boutique property is the culmination of nearly a decade of design and planning, says Bill Shopoff, president and CEO of Shopoff Realty Investments.

“Parkhouse Residences is a passion project fueled by the desire to cater to the California lifestyle that blends refined style with effortless living,” said Shopoff. “Officially bringing these brand-new luxurious residences to homeowners in the Newport Beach market is a milestone moment and one that we expect to be exceptionally well-received given all of the interest garnered from prospective buyers already.”