Marina del Rey Homes for Sales
The exclusive seaside community of Marina del Rey in Los Angeles County is best known for its man-made harbor, which with 19 marinas and the capacity for 5,300 boats makes it the largest of its kind in the world. While the marina plays a key role in this community of less than 9,000 people, it is but a part of what’s on offer when living in Marina del Rey.
Marina del Rey real estate provides options that include single-family residences, condominiums and town homes and residential boats. According to statistics from Trulia.com, the median purchase price of a home in Marina del Rey was $700,000 in the second quarter of 2013. That was a 9.2% increase from the corresponding quarter in 2012. Perhaps even more illuminating is the rise in the average-price per square foot in Marina del Rey during that same time. It came in at $587 during the third quarter—which was a 34.3% jump from a year ago.
Marina del Rey started as a salt-marsh on the Westside of Los Angeles on the coast of the Pacific Ocean, just south of Venice Beach. The idea of a man-made marina on the land dates back to at least the start of the 20th century, but it took until 1953 for construction to begin. After more than a decade of development, Marina del Rey was dedicated on April 10, 1965.
Among the various neighborhoods that today make up Marina del Rey are the Marina del Rey Peninsula, Marina Strand Condos, Silver Strand Homes and Venice Canal Homes. They are surrounded by a variety of hotels, shops and restaurants.
Living in Marina del Rey provides a literal boat-load of opportunity. The marina itself has moorings for both pleasure craft and small boats and is considered virtual coastal playground for residents and visitors. Here you can enjoy various on-the-water activities, which in addition to boating includes includes things like stand-up paddle boarding and parasailing.
One of the main attractions of Marina del Rey is Fisherman’s Village, which is a waterfront mall and commercial boat anchorage modeled in the style of a traditional New England fishing village. There is a waterfront promenade that offers panoramic views of the harbor. Additionally, there are a variety of harbor-front dining options and several shops. Fisherman’s Village also has free concerts year-round.
So, who exactly lives in Marina del Rey? According to City-Data.com, residents of the community are largely white-collar as 68.3% have a bachelor’s degree and almost 30% have a post-graduate degree. The median age of residents is 40.0, which is younger than the overall state median. Also well-above the state rate is the median household income of Marina del Rey, which came in at $84,756 in 2011.
For families with school-aged children, Marina del Rey is part of the Los Angeles Unified School District, but note there are no schools within the communities boundaries. Students from the area typically attend Coeur d’Alene Avenue Elementary School, Marina Del Rey Middle School and Venice High School.
Marina del Rey is a seaside community that offers a wonderful quality of life, and Marina del Rey homes for sale are typically a bit more affordable than those of some other luxury neighborhoods in Los Angeles. With its variety of housing options, think Marina del Rey for an enjoyable and active lifestyle.
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