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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.
Property Type(s):
Residential Income
| Last Updated | 5/15/2026 | Year Built | 1961 |
|---|---|---|---|
| Community | NP - Balboa Peninsula | Garage Spaces | 2.0 |
| County | Orange |
Additional Details
| AIR | Gas |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Washer/Dryer Stacked |
| AREA | NP - Balboa Peninsula |
| GARAGE | Yes |
| HEAT | Central, Natural Gas |
| INTERIOR | Walk-In Closet(s) |
| LOT | 3132 sq ft |
| LOT DESCRIPTION | Front Yard |
| LOT DIMENSIONS | 30x105 |
| PARKING | Private |
| STORIES | 2 |
| STYLE | Contemporary |
| VIEW | Yes |
Location
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Listed with Christopher Garner
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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