20301 Cypress Street, Newport Beach, California 92660, Newport Beach, - bed, bath

ACTIVE$7,950,000
20301 Cypress Street, Newport Beach, California 92660
5Beds
9Baths
5,463Sqft
19,800Lot
Year Built
1940
Close
-
List price
$7.95M
Original List price
$8M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25110522
Home ConditionFair
Features
Good View: Courtyard
Patio
ViewCourtyard
About this home
Nearby schools
9/10
Eastbluff Elementary School
Public,•K-6•1.0mi
8/10
Heinz Kaiser Elementary School
Public,•3-6•1.7mi
/10
Woodland Elementary School
Public,•PK-2•1.9mi
8/10
Mariners Elementary School
Public,•PK-6•2.4mi
7/10
Horace Ensign Intermediate School
Public,•7-8•3.5mi
9/10
Corona Del Mar High School
Public,•7-12•1.4mi
7/10
Newport Harbor High School
Public,•9-12•3.1mi
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (115 Listings) | |
|---|---|---|---|
| Beds | 5 | 4 | 73% |
| Baths | 9 | 4 | 99% |
| Square foot | 5,463 | 2,840 | 95% |
| Lot Size | 19,800 | 7,700 | 96% |
| Price | $7.95M | $3.9M | 88% |
| Price per square foot | $1,455 | $1,393.5 | 57% |
| Built year | 1940 | 9855986 | 2% |
| HOA | |||
| Days on market | 172 | 157 | 58% |
Condition Rating
Fair
The property was built in 1940. While the images show a modern aesthetic in some areas, the overall style and some visible wear and tear suggest it has been maintained but not fully renovated recently. The kitchen and bathrooms are not clearly visible in the images, but the general appearance indicates that updates are needed to bring it to a 'Good' or 'Excellent' condition. The property appears aged but maintained through regular upkeep and occasional updates.
Pros & Cons
Pros
Prime Location: Located in the desirable Newport Beach area, offering proximity to amenities, beaches, and excellent schools.
Spacious Lot: The property boasts a large 19,800 sqft lot, providing ample space for outdoor activities and potential expansion.
Generous Square Footage: With 5,463 sqft of living space, the residence offers plenty of room for a large family or those who enjoy entertaining.
Multiple Bedrooms and Bathrooms: Featuring 5 bedrooms and 9 bathrooms, the property provides convenience and privacy for all occupants.
View: The property offers a courtyard view, enhancing the aesthetic appeal and providing a tranquil outdoor space.
Cons
Age of Property: Built in 1940, the property may require updates and renovations to meet modern standards and preferences.
Price Point: The list price of $7,950,000 positions the property at the higher end of the market, potentially limiting the pool of buyers.
Potential Renovation Costs: Depending on the buyer's preferences, significant investment may be needed to modernize the property and address any deferred maintenance.

