20101 1/2 Cypress Street, Newport Beach, California 92660, Newport Beach, 92660 - 6 bed, 10 bath

20101 1/2 Cypress Street, Newport Beach, California 92660 home-pic-0
ACTIVE$14,995,000$13,260/sqft
20101 1/2 Cypress Street, Newport Beach, California 92660
6Beds
10Baths
13,260Sqft
26,572Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 13260, other record living area = 12579. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.

Compared to the nearby listings

Price:$14.99M vs avg $3.84M (+$11,157,000)97%
Size:13,260 sqft vs avg 2,664 sqft99%
Price/sqft:$1.1K vs avg $1.4K25%

More Insights

Built in 2017 (9 years old).
Condition: This property, built in 2017, is virtually new and boasts impeccable craftsmanship and design with premium, state-of-the-art finishes throughout. The gourmet kitchen features high-end appliances, leathered granite, and Kedra countertops, while the spa-like bathrooms showcase modern fixtures, a freestanding copper tub, and luxurious marble showers. All components are new or virtually new, with no signs of deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2017
Close
-
List price
$14.99M
Original List price
$14.99M
Price/Sqft
$1,131
HOA
-
Days on market
-
Sold On
-
MLS number
25629747
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
View-

About this home

This private estate boasts impeccable craftsmanship and design on more than half an acre of flat land. Set behind private gates, this compound-like residence offers more than 18,200 sq. ft. of living space (including a 3,500 sq. ft., 11-car garage), five en-suite bedrooms, 10 baths, a soundproof home theater with memory foam carpet, a game room, office, wine cellar, an attached guest house with private entry, a spacious home gym, and much more. No expense was spared in this refined custom home, featuring premium finishes throughout, including limestone flooring, 12-ft. wood-beam ceilings, and palatial corridors. The gourmet kitchen is replete with state-of-the-art appliances, leathered granite countertops, a butler's pantry, and two kitchen islands with scratch- and stain-resistant Kedra countertops. The resort-style backyard showcases a pool/spa, outdoor shower, and a massive loggia with lounge areas, a bar, and a 1,500 sq. ft. covered outdoor kitchen featuring a built-in BBQ with a rotisserie, warming drawer, oversized glass refrigerator, nugget ice machine, and more. The 1,300 sq. ft. primary suite occupies its own wing, featuring an office or nursery space, a boutique-style walk-in closet, a spa bathroom, and a fireplace. Conveniently located on the upper level is a full-sized laundry room with dual washer and dryer units and a dog washing station; a third laundry set is situated in the lower-level butler's pantry. The entire main house is wired to a generator for power outages and is equipped with a Falsken water filtration system. It features built-in audio and an extensive video surveillance and monitoring system. This exclusive address offers a rare opportunity for those seeking privacy, opulence, and space, just minutes from the best destinations in Newport Beach.

J
Jason Oppenheim
Listing Agent

Nearby schools

9/10
Eastbluff Elementary School
Public,K-61.2mi
8/10
Heinz Kaiser Elementary School
Public,3-61.9mi
/10
Woodland Elementary School
Public,PK-22.1mi
8/10
Mariners Elementary School
Public,PK-62.6mi
7/10
Horace Ensign Intermediate School
Public,7-83.7mi
9/10
Corona Del Mar High School
Public,7-121.6mi
7/10
Newport Harbor High School
Public,9-123.3mi

Price History

Date
Event
Price
10/22/21
Sold
$7,000,000
04/30/03
Sold
$825,000
Condition Rating
Excellent

This property, built in 2017, is virtually new and boasts impeccable craftsmanship and design with premium, state-of-the-art finishes throughout. The gourmet kitchen features high-end appliances, leathered granite, and Kedra countertops, while the spa-like bathrooms showcase modern fixtures, a freestanding copper tub, and luxurious marble showers. All components are new or virtually new, with no signs of deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Unparalleled Luxury & Custom Finishes: Impeccable craftsmanship, premium materials like limestone flooring, 12-ft. wood-beam ceilings, and state-of-the-art kitchen appliances demonstrate a no-expense-spared approach in this refined custom home.
Extensive Resort-Style Amenities: Features a soundproof home theater, game room, wine cellar, home gym, attached guest house, and a lavish backyard with a pool/spa, outdoor kitchen, and loggia, offering a complete luxury lifestyle.
Exceptional Privacy & Security: Situated on over half an acre behind private gates, this compound-like residence includes an extensive video surveillance system, ensuring utmost privacy and security.
Vast Scale & Functional Space: Boasts over 18,200 sq. ft. of living space, including a massive 11-car garage, five en-suite bedrooms, 10 baths, and dedicated functional areas like a primary suite wing and multiple laundry facilities.
Prestigious Newport Beach Location: An exclusive address in Newport Beach, offering proximity to top destinations, which enhances desirability and long-term value.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 13260, other record living area = 12579. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
Absence of Scenic Views: Despite its prime Newport Beach location, the property explicitly states 'view: None,' which is a significant drawback for a luxury estate in this highly sought-after coastal area.
Limited Buyer Pool due to Price: The nearly $15 million list price positions this property in an ultra-luxury segment, naturally narrowing the potential buyer demographic and potentially extending market time.
Substantial Ongoing Costs: The sheer size, extensive amenities, and advanced systems (generator, water filtration, security) imply considerable ongoing maintenance, utility, and property tax expenses, which could be a concern for even affluent buyers.
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