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20382 Sw Cypress Street, Newport Beach, California 92660, Newport Beach, 92660 - 4 bed, 5 bath

20382 Sw Cypress Street, Newport Beach, California 92660 home-pic-0
ACTIVE$6,500,000
20382 Sw Cypress Street, Newport Beach, California 92660
4Beds
5Baths
4,220Sqft
19,800Lot
Year Built
2008
Close
-
List price
$6.5M
Original List price
$6.8M
Price/Sqft
$1,540
HOA
-
Days on market
-
Sold On
-
MLS number
OC25200481
Home ConditionGood
Features
Pool
Patio
ViewNeighborhood

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,7 Pros. Rank: price - $6.50M(82th), sqft - 4220(77th), beds - 4(50th), baths - 5(75th).

Welcome to 20382 SW Cypress Street, a rare opportunity to own nearly half an acre in the heart of Newport Beach. This expansive 19,800 square-foot lot is home to a stunning single level 4,220 square-foot residence offering four spacious bedrooms and four bathrooms, designed for both comfortable living and grand entertaining. Inside, the home features open, light-filled living spaces with a seamless flow to the outdoors. The generous kitchen, dining, and living areas are complemented by large windows and doors that invite natural light and frame views of the sprawling grounds. The backyard is a private retreat, complete with a sparkling pool and multiple lounging and entertaining areas—perfect for enjoying Southern California’s indoor-outdoor lifestyle year-round. Car collectors and hobbyists will appreciate the 12-car garage, an incredibly rare feature in Newport Beach that provides unmatched storage and flexibility. With its premier location, expansive lot, and exceptional amenities, this property offers a unique blend of space, privacy, and convenience—just minutes from the beach, shopping, and top dining.

Nearby schools

9/10
Eastbluff Elementary School
Public,•K-6•0.9mi
8/10
Heinz Kaiser Elementary School
Public,•3-6•1.7mi
/10
Woodland Elementary School
Public,•PK-2•1.8mi
8/10
Mariners Elementary School
Public,•PK-6•2.4mi
7/10
Horace Ensign Intermediate School
Public,•7-8•3.4mi
9/10
Corona Del Mar High School
Public,•7-12•1.3mi
7/10
Newport Harbor High School
Public,•9-12•3.0mi

Price History

Date
Event
Price
12/06/25
Price Change
$6,500,000-4.4%
09/30/25
Listing
$6,800,000
Condition Rating
Good
Built in 2008, this property is 16 years old and presents in excellent, move-in ready condition. The kitchen features high-end, professional-grade stainless steel appliances, quality cabinetry, and modern countertops, all appearing well-maintained. Bathrooms also showcase high-quality finishes, including modern fixtures and well-kept tiling. Hardwood flooring is consistent throughout, and overall, the home exhibits minimal wear and tear, with major systems and aesthetics well within their expected lifespan and quality standards for a luxury property of its age. While not newly built or extensively renovated within the last 5 years, it meets the criteria for a 'Good' score due to its exceptional maintenance and high-quality original construction.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19800, living area = 4220.
Great Schools: Elementary School: Eastbluff Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Expansive & Rare Lot Size: The property boasts a nearly half-acre (19,800 sqft) lot in the heart of Newport Beach, an exceptionally rare offering that provides significant space and privacy.
Premier Newport Beach Location: Situated in a highly desirable area, the property offers convenience with minutes-away access to the beach, upscale shopping, and top dining establishments.
Exceptional 12-Car Garage: A unique and highly valuable amenity, the 12-car garage is an incredibly rare feature in Newport Beach, providing unmatched storage and flexibility for car collectors or hobbyists.
Luxurious Single-Level Living with Pool: The stunning 4,220 sqft single-level residence features open, light-filled living spaces with a seamless indoor-outdoor flow to a private backyard retreat complete with a sparkling pool and multiple entertaining areas.
Modern Construction & Design: Built in 2008, the home offers relatively modern construction and a thoughtful design, featuring spacious bedrooms and bathrooms, ideal for comfortable living and grand entertaining.

Cons

Limited View Type: While the property has a view, it is specified as 'Neighborhood.' In a luxury market like Newport Beach, many high-end buyers often seek more premium views such as ocean, bay, or city lights, which this property does not explicitly offer.
Recent Price Reduction: The property has undergone a $300,000 price reduction from its original list price, which could suggest initial overpricing or a need to stimulate buyer interest.
High Price Point & Niche Appeal: The $6.5 million list price targets a very specific and limited buyer demographic. Additionally, the highly specialized 12-car garage, while a strength for some, may not appeal to all luxury buyers, potentially narrowing the market.

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