Crescent City Real Estate & Homes for Sale in California
Set amongst the gorgeous Northern California coast along Highway 101 is the equally beautiful and tranquil city of Crescent City. With an approximate population of 8,000 happy residents, Crescent City serves as the county seat for Del Norte County. Born from the gold rush to the east, Crescent City?s roots primarily thrived under the lumber, fishing, and agricultural industries. Once home to two separate Native American tribes, the Yuroks and the Tolowa, residents of Crescent City are proud of the area?s imprint on Californian and maritime history, in addition to its environmentally-conscious way of life.
Once you step foot into Crescent City, you simply can?t help but be in awe of the area?s serene landscape: greenery and redwood forests serve as the backdrop to the community, and the crystal blue waters of the Pacific Ocean welcome visitors to fishing, swimming, and enjoying the California coastline. And if you?re looking to spend the weekend away, Oregon is only 20 miles to the north. Residents take full advantage of the many year-round outdoor recreational opportunities that Crescent City affords, such as rafting, camping, horseback riding, and fishing. Hollywood has even recognized the beauty of Crescent City and Del Norte County and has utilized the forested areas for such films as E.T. The Extra-Terrestrial and Star Wars Episode VI: Return of the Jedi.
Real estate in Crescent City is primarily made up of single-family residences with spectacular views of the beaches and the redwood forests. Waterfront properties are abundant, as are homes in new home subdivisions and near golf course communities. Prices for single-family homes begin in the $79,000 range and can go as high as $3 million for a 3 bedroom/2 bath oceanfront property on the bluff. Because of its prime location between the Pacific Ocean and National and State Parks, investment and vacation properties abound here, and retirees enjoy spending the rest of their days here for its serene environment. Ranch-style properties in rural areas can also be found, as is land for custom building, which can start from $25,000 and run the pricing gamut to $2.5 million depending on topography and utilities present. Homes near the bay and within easy access to Highway 101 are also available.
Crescent City Real Estate Stats and Trends for the week of April 15th, 2020: homes priced around $430,000 compared to $430,000 the previous week, to remain steady with no change in listing price. For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.