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$3,695,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
  • Updated 4 days ago
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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.

Full Property Details for 211 Cypress St

General

  • Price: $3,695,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26833345
  • Updated: 5/15/2026
  • Added to Site: 6 day(s) ago

Interior

  • Rooms/Areas: Dining Room, Living Room, Study/Office, Primary Bedroom, Walk-In Closet
  • Interior Features: Furnished
  • Cooking Appliances: Microwave, Electric
  • Flooring: Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Bathroom Features: Shower and Tub, Double Vanity(s), Double Shower

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Unit, Garage

Additional Information

  • Spa: Yes
  • Spa Description: Bathtub
  • Security/Safety: Fire and Smoke Detection System, Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector
  • Other Features: None

Exterior

  • Deck/Patio: Balcony, Brick, Covered, Open Patio, Porch - Front

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Garage Description: Private Garage, Garage Is Detached

Location

  • Area: Balboa Peninsula
  • County: Orange
  • Driving Directions: From East Balboa Blvd, turn onto Adams St, continue to E Bay Ave, then turn left onto Cypress St.
  • Direction Faces: South

School Information

  • School District: Newport Mesa Unified

Community

  • Pet Restrictions: Pets Permitted

Heating & Cooling

  • Cooling Type: Gas, Air Conditioning
  • Heating Type: Central, Natural Gas

Utilities

  • Water: Public
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • # Buildings: 1
  • Architectural Style: Contemporary
  • Basement Desc.: Slab
  • Foundation: Slab
  • Roof: Asphalt
  • Common Walls: Attached
  • Windows: Vertical Blinds
  • Entry Location: Main Level
  • Stories/Levels: 2
  • Square Feet: 1,896
  • Sq. Ft. Source: Assessor
  • Year Built: 1961
  • Year Built Source: Assessor
  • Property Condition: Updated/Remodeled
  • Other Struct. Feat.: Balcony, Barbecue Private, Sliding Glass Doors

Unit Information

  • Units in Complex: 2
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Walk Street
  • Lot Size (Acres): 0.07
  • Lot Size: 3133
  • Lot Size Source: Assessor
  • Lot Dimensions: 30 x 105
  • Alley: Yes
  • Irrigation System: Front, Side
  • Lot Features: Alley Access
  • Lot Description: Alley Paved, Walk Street, Street Concrete, Sidewalks, Front Yard, Exterior Security Lights

Water Features

  • Water Front Desc.: Across the Road from Lake/Ocean

Financial Considerations

  • Price Per Sq. Ft.: $1,948.84
  • Assessment Year: 1961

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 048-092-19

Listed by Christopher Garner, Christopher Garner

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Listing agent

— 211 Cypress St —

  • Christopher Garner

    Christopher Garner

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 211 Cypress St

School District:Newport-Mesa Unified School District
NameGradesDistance
Newport Elementary School
1327 West Balboa Boulevard, Newport Beach, CA 92661
K-61 mi
Horace Ensign Intermediate School
2000 Cliff Drive, Newport Beach, CA 92663
7-81.3 mi
Newport Harbor High School
600 Irvine Avenue, Newport Beach, CA 92663
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 211 Cypress St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Listed
$3,695,000
60.65%
MLS
2/08/2023
Sold
$2,300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 211 Cypress St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,637
2%
$2,392,920
2%
2024
$25,232
2%
$2,346,000
2%
2023
$24,639
852%
$2,300,000
2019%
2022
$2,587
-8%
$108,560
2%
2021
$2,818
1%
$106,432
1%
2020
$2,798
—
$105,341
2%
2019
$2,811
-4%
$103,276
2%
2018
$2,926
1%
$101,251
2%
2017
$2,890
1%
$99,266
2%
2016
$2,851
-1%
$97,320
2%
2015
$2,868
3%
$95,859
2%
2014
$2,796
2%
$93,982
—
2013
$2,745
—
$93,558
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Christopher Garner, Christopher Garner

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211 Cypress St, Newport Beach, CA 92661 (MLS# 26833345) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 211 Cypress St is currently listed for $3,695,000 and was received on May 14, 2026. Want to learn more about 211 Cypress St? Do you have questions about finding other Multi-Family real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

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