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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 Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,896 sqft

Price per Sqft $1,790

MLS Listing ID 26991455

Style Contemporary

Bedrooms 4

Construction Status Updated/Remodeled

Year Built 1961

Lot Size 3,133 Sqft

Acres 0.07

Property Sub-Type Multi-Family

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 until May 2027 at $4,200 per month and upper residence is currently on a 12 month lease expiring September 2027 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. Property lot size will support construction of a new building or expansion up to 4,200 ft. 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 Balboa Peninsula

Rooms

Other Rooms None

Dining Room 1

Kitchen Remodeled, Quartz Counters

Interior

Interior Features None

Heating Central, Natural Gas

Cooling None

Flooring Vinyl Plank

Fireplaces Type None

Equipment Washer, Stackable W/D Hookup, Refrigerator, Range/Oven, Freezer, Garbage Disposal, Gas Dryer Hookup, Microwave, Dryer, Dishwasher

Laundry In Unit, Garage

Exterior

Parking Features Private Garage, Garage Is Detached

Garage Spaces 2.0

Pool None

Amenities Available None

Waterfront Description Across the Road from Lake/Ocean

View Y/N Yes

View Walk Street

Roof Type Asphalt

Building

Lot Description Alley Paved, Walk Street, Street Concrete, Sidewalks, Front Yard, Exterior Security Lights

Story 2

Foundation Slab

Water Public

Architectural Style Contemporary

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Newport Mesa Unified

Others

Special Listing Condition Standard

Pets Allowed Pets Permitted

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Christopher Garner

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 846-3855

assistant@paradigmvisiongroup.com

211 Cypress St Newport Beach, CA 92661