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$3,695,000

For Sale

17 hours ago

211 Cypress St, Newport Beach, CA

House

MLS® 26833345

4 Bed

2 Bath

1896 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 1896 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1961
Avg. Price Per Sqft $1,948
MLS® Number 26833345

Property Address: 211 Cypress St, Newport Beach, CA, 92661-1299

Average square foot calculated using Size range provided by listing agent.

Description

Located in the heart of the Balboa Peninsula, 211 Cypress presents a rare opportunity to own a traditional beach house just steps from the Balboa Fun Zone, local restaurants, the bay, and the beach. This well-positioned coastal duplex offers immediate income potential, owner-user flexibility, and long-term redevelopment upside in one of Newport Beach's most desirable waterfront communities. The property consists of two updated 2-bedroom, 1-bath residences totaling approximately 1, 896 square feet on an approximately 3, 049 square foot lot. The lower unit is currently tenant-occupied on a month-to-month lease at $4, 200 per month, providing stable in-place income from day one. The upper unit, previously rented for $5, 000 per month, will be delivered vacant at closing, creating an ideal opportunity for a buyer seeking a second-home retreat with supplemental rental income or an investor looking to maximize future cash flow. Both residences have been thoughtfully updated with remodeled kitchens and bathrooms, central air conditioning, upgraded finishes, and new appliances throughout, including wine refrigerators. Outdoor improvements include upgraded paver hardscape, privacy fencing, a fire pit lounge area, and inviting entertaining spaces designed to embrace indoor-outdoor coastal living. The property also offers future value-add potential. Existing garage areas may present opportunities for conversion into additional living or flexible-use space, subject to buyer verification with the City of Newport Beach. Neighboring properties further suggest the possibility for future expansion opportunities through enhanced building envelopes closer to the front setback line. Whether envisioned as a primary residence, vacation getaway, owner-user investment, or long-term redevelopment opportunity, 211 Cypress delivers a versatile coastal lifestyle property in a premier Balboa Peninsula location. Buyer to verify all square footage, zoning, short-term rental regulations, development potential, and future use possibilities with the City of Newport Beach and appropriate professionals.
MLS® Number26833345
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1961
Basement
DrivewayPrivate
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 15, 2026List Date
$3,695,000List Price

Home Appraisal

This property is estimated to sell between: $3,695,000 and $5,858,000.
Similar properties in this area sold on average for: $5,136,666
Expected to sell in 43 days. Similar properties sold in 43 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
211 Cypress St, Newport Beach, CA

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