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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$3,595,000

Est. payment - /mo

4 Beds

2 Baths

1,896 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,896 sqft

Price per Sqft $1,896

MLS Listing ID 26833345

Bedrooms 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1961

Lot Size 3,131 Sqft

Property 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.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Furnished, Walk-In Closet(s)

Heating Central, Natural Gas

Cooling Gas

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

Waterfront Description Across the Road from Lake/Ocean

View Y/N Yes

Porch Brick, Covered, Front Porch, Open, Patio

Total Parking Spaces 2

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)

Special Listing Condition Standard

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Listed by Christopher Garner Christopher Garner #02245213

NEARBY SCHOOL & BUSINESS

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211 Cypress ST Newport Beach, CA 92661