211 Cypress ST, Newport Beach, CA 92661
211 Cypress ST, Newport Beach, CA 92661
211 Cypress ST, Newport Beach, CA 92661
211 Cypress ST, Newport Beach, CA 92661
211 Cypress ST, Newport Beach, CA 92661
211 Cypress ST, Newport Beach, CA 92661
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$ 3,395,000
Est. payment | /mo

4 Beds

2 Baths

1,896 SqFt


Save
$ 3,395,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,896 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,896 sqft

Price per Sqft $1,790

MLS Listing ID 26991455

Bedrooms 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1961

Lot Size 3,131 Sqft

Lot Dimensions Assessor

Property Description

RARE BALBOA PENINSULA OPPORTUNITY - Discover the quintessential Newport Beach lifestyle at 211 Cypress, a beautifully updated coastal duplex ideally positioned in the heart of the Balboa Peninsula. Just moments from the beach, bay, Balboa Fun Zone, dining, entertainment, and waterfront recreation, this versatile property offers an exceptional blend of lifestyle, income, and future potential. The property features two thoughtfully updated 2-bedroom, 1-bath residences totaling approximately 1,896 square feet on an approximately 3,049 square foot lot. The lower residence is currently leased month-to-month at $4,200 per month and upper residence is currently on a 12 month lease at $4,695 per month, providing immediate rental income. Great for an owner-user, second-home retreat, or investor seeking additional rental income. Both residences have been tastefully upgraded with remodeled kitchens and bathrooms, central air fan, new appliances, wine refrigerators, and modern finishes throughout. Outdoor spaces are equally inviting, featuring upgraded paver hardscape, privacy fencing, a fire pit lounge, and areas designed for relaxed coastal entertaining. Beyond its immediate appeal, 211 Cypress offers exciting future value-add possibilities. Whether you're looking for a primary residence, beach getaway, owner-user investment, or a property with long-term upside, 211 Cypress offers a rare opportunity to own in one of Newport Beach's most sought-after coastal communities. From here, enjoy easy access to the Newport Harbor Yacht Club, Balboa Fun Zone, Balboa Pier, Pavilion, Davy's Locker sport fishing, waterfront dining, boating, shopping, and endless beach days all just moments from your doorstep. Buyer to independently verify square footage, zoning, development potential, short-term rental regulations, and all future use possibilities with the City of Newport Beach and appropriate professionals.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Walk-In Closet(s)

Heating Central, Natural Gas

Cooling None

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Laundry In Garage, Stacked

Exterior

Parking Features Private

Garage Spaces 2.0

Garage Description 2.0

Pool None

Waterfront Description Across the Road from Lake/Ocean

View Y/N Yes

Porch Brick, Covered, Front Porch, Open, Patio

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard

Faces South

Story 2

Entry Level Two

Foundation Slab

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04809219

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Private

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Christopher Garner Christopher Garner #02245213

Nearby Locations

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211 Cypress ST