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$4,220/sqft
Est. Value: $6,424,382
-1%
FairlyEstimate
20382 Sw Cypress Street, Newport Beach, California 92660
4Beds
5Baths
4,220Sqft
19,800Lot

Price Vs. Estimate

The estimated value ($6,424,382.37) is $75,617.63 (1%) lower than the list price ($6,500,000). This property may be overpriced.

Key pros and cons

Top 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.
Top Cons:
Premium Price Point: The $6.5 million asking price places this property in a highly exclusive market segment, which may naturally limit the pool of potential buyers.

Compared to the nearby listings

Price:$6.50M vs avg $3.84M (+$2,662,000)82%
Size:4,220 sqft vs avg 2,664 sqft79%
Price/sqft:$1.5K vs avg $1.4K61%

More Insights

Built in 2008 (18 years old).
Condition: Built in 2008, this property falls within the 10-20 year age range for a 'Good' rating. The home is in excellent, move-in ready condition with no immediate renovations required. The kitchen features high-end Viking appliances, quality cabinetry, and modern countertops with current gold-toned fixtures. Bathrooms are updated with glass-enclosed showers, contemporary vanities, and stylish tiling. Hardwood flooring is prevalent and well-maintained throughout, complemented by recessed lighting and modern light fixtures. All visible components show minimal wear and tear, indicating a well-maintained property with functional systems within their expected lifespan.
Year Built
2008
Close
-
List price
$6.5M
Original List price
$6.5M
Price/Sqft
$1,540
HOA
-
Days on market
-
Sold On
-
MLS number
OC26000128
Home ConditionGood
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

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.

T
Tara Mc Nabb
Listing Agent

Nearby schools

9/10
Eastbluff Elementary School
Public,K-60.9mi
8/10
Heinz Kaiser Elementary School
Public,3-61.7mi
/10
Woodland Elementary School
Public,PK-21.8mi
8/10
Mariners Elementary School
Public,PK-62.4mi
7/10
Horace Ensign Intermediate School
Public,7-83.4mi
9/10
Corona Del Mar High School
Public,7-121.3mi
7/10
Newport Harbor High School
Public,9-123.0mi

Price History

Date
Event
Price
08/21/00
Sold
$545,000
08/17/17
Sold
$3,200,000
12/30/10
Sold
$1,860,000
09/14/05
Sold
$1,195,000
05/19/03
Sold
$625,000
Condition Rating
Good

Built in 2008, this property falls within the 10-20 year age range for a 'Good' rating. The home is in excellent, move-in ready condition with no immediate renovations required. The kitchen features high-end Viking appliances, quality cabinetry, and modern countertops with current gold-toned fixtures. Bathrooms are updated with glass-enclosed showers, contemporary vanities, and stylish tiling. Hardwood flooring is prevalent and well-maintained throughout, complemented by recessed lighting and modern light fixtures. All visible components show minimal wear and tear, indicating a well-maintained property with functional systems within their expected lifespan.
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).
Prime Newport Beach Location: Situated in the heart of Newport Beach, this property offers unparalleled convenience, being just minutes from the beach, upscale shopping, and top dining establishments, significantly enhancing its desirability and value.
Expansive & Rare Lot Size: Boasting a nearly half-acre (19,800 square-foot) lot, this property presents a rare opportunity for such a substantial landholding in Newport Beach, providing exceptional space, privacy, and potential for further customization.
Unmatched 12-Car Garage: An incredibly rare and highly valuable feature in Newport Beach, the 12-car garage offers extensive storage and flexibility, making it an ideal amenity for car collectors, hobbyists, or those requiring significant vehicle accommodation.
Luxurious Outdoor Living & Pool: The private backyard retreat, complete with a sparkling pool and multiple lounging and entertaining areas, is perfectly designed for embracing the quintessential Southern California indoor-outdoor lifestyle.
Spacious Single-Level Modern Home: A stunning 4,220 square-foot single-level residence built in 2008, featuring open, light-filled living spaces and a seamless flow to the outdoors, designed for comfortable living and grand entertaining.

Cons

Premium Price Point: The $6.5 million asking price places this property in a highly exclusive market segment, which may naturally limit the pool of potential buyers.
Lack of Premium Views: While the property offers views of its sprawling grounds, it lacks the highly sought-after panoramic ocean or city light views that are often a significant draw and value driver for luxury properties in Newport Beach.
High Ongoing Costs: The expansive lot, large residence, and amenities such as a pool will entail substantial ongoing expenses for property taxes, insurance, and maintenance, which could be a significant consideration for prospective buyers.
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