5 Cypress Point Ln, Newport Beach, CA 92660
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5 Cypress Point Ln Newport Beach, CA 92660

$6,850,000 Sold Price as of 06/22/2021
  • 4 Beds
  • 4.5 Baths
  • 6,000 Sq.Ft.
Sold
$6,850,000 Sold Price as of 06/22/2021 Refinance Your Mortgage

Map preview of 5 Cypress Point Ln, Newport Beach, CA 92660

Property Overview: 5 Cypress Point Ln Newport Beach, CA has 4 bedrooms, 4.5 bathrooms, 6,000 living square feet and 15,625 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Introducing 5 Cypress Point Lane. A spectacular residence on a renowned, one-and-only peninsula lot in prestigious, guard–gated Big Canyon, Newport Beach. Surrounded by two cul-de-sacs, this Big Canyon trophy residence is unlike any other. Exuding style, comfort, luxury and functionality, 5 Cypress Point Lane is striking, sophisticated and breathtaking. A dramatic entry welcomes you into stunning interiors, meticulous detail and timeless quality. The bright, open space kitchen serves as a focal point open to a spacious casual eating area, while the sophisticated formal living room and striking dining room overlook the show stopping, expansive rear yard and gardens. Roomy secondary bedrooms, a dual-station office/work center, family room and separate entertainment den offer form, function and spaces for every lifestyle. The first-level secondary master suite with walk-in closet add to the allure of this unparalleled home design. A private library greets you to an incomparable master suite. A retreat/sitting area, spa-inspired master bathroom, dual walk in closets and exercise gym area are the crowning touch of this exquisite residence. Iconic, timeless and unforgettable in every sense. This captivating and exceptional home is the epitome of living your best life. This exclusive private community offers two parks, mature and serene landscaping and is within close proximity to Fashion Island, for world class shopping, along with beaches, freeway access and airports.

Listed by Lindsay Bibb | BRE #01273718 | Villa Real Estate
Co-listed by Natalie Raney | BRE #01770822 | Villa Real Estate
Last checked: 9 minutes ago | Last updated: September 13th, 2022 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
15,625
HOA Dues
$398/mo
Year built
1998
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP21030969
City
Newport Beach
County
Orange
Time on Site
1164 days

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Property Details for 5 Cypress Point Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central, Zoned
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom, Outside
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 4
  • Eating Area: Area, Dining Room, In Kitchen
  • Flooring: Stone, Wood
  • Bonus Room, Den, Exercise Room, Family Room, Formal Entry, Library, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Retreat, See Remarks, Separate Family Room, Two Masters, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Ice Maker, Refrigerator
  • Kitchen Island, Kitchen Open to Family Room, Stone Counters
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
Interior Features
  • Built-in Features, Coffered Ceiling(s), High Ceilings, Recessed Lighting, Stone Counters
  • Levels: Two
  • Security Features: Gated Community, Gated with Guard
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Private, In Ground
Exterior Features
  • Has Pool
  • Pool Features: Private, In Ground, Salt Water
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 44213120
  • Year Built Source: Assessor
  • Architectural Style: See Remarks, Traditional
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Canyon Hills
  • Association Fee: $842 (Quarterly)
  • Second Association Name: Big Canyon Community Assoc
  • Second Association Fee: $187 (Monthly)
  • Association Amenities: Playground, Bocce Ball Court
  • Total Average Monthly Fee: $398
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Lincoln
  • Elementary School: LINCOL
  • Middle/Junior High School: Corona Del Mar
  • Middle/Junior High School: CODEMA
  • High School: Corona Del Mar
  • High School: CODEMA
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Big Canyon Broadmoor (BCBM)
  • Directions: From East Gate: enter on Big Canyon Dr , left on Royal Saint George, Left on Cypress Point
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 5 Cypress Point Ln

Last sold for $6,850,000 on June 22nd, 2021
  • June, 2021

  • Jun 24, 2021

    Date

    Sold

    CRMLS: NP21030969

    $6,850,000

    Price

  • May 12, 2021

    Date

    Pending

    CRMLS: NP21030969

    $6,975,000

    Price

  • Apr 30, 2021

    Date

    Active Under Contract

    CRMLS: NP21030969

    $6,975,000

    Price

  • Feb 23, 2021

    Date

    Active

    CRMLS: NP21030969

    $6,975,000

    Price

  • Feb 16, 2021

    Date

    Coming Soon

    CRMLS: NP21030969

    $6,975,000

    Price

  • March, 2003

  • Mar 25, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5 Cypress Point Ln

Assessed Value (2020): $4,436,479
Year Land Value Improved Value Assessed Value
2020 $3,528,694 $907,785 $4,436,479

Home Value Compared to the Market

This property vs the competition

5 Cypress Point Ln sold on June 22, 2021 for 165.61% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $1162.5 per/sqft which puts the price per square foot 8.34% higher than the current median sale per square foot for the city of Newport Beach.

About 5 Cypress Point Ln

Detailed summary of property

5 Cypress Point Ln is a single family home that recently sold in Newport Beach, CA 92660. This house offered 4 bedrooms, 4.5 bathrooms, roughly 6,000 living square feet, and sits on an approximately 15,625 square foot lot. 5 Cypress Point Ln was first listed on ArdentRealEstateGroup.com on February 16, 2021. The homeowner sold the property for $6,850,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 165.61% higher than the current median priced home. Local homes that are currently for sale include 1740 E Ocean Blvd, 129 Topaz Ave and 1123 E Balboa Blvd. This home does have a Homeowners Association and the monthly fee is $398 per month. While the average home in Newport Beach, CA is selling in 75 days, 5 Cypress Point Ln has a days on market of 65 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 5 Cypress Point Ln Newport Beach, CA 92660 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 5 Cypress Point Ln

Public county record property details
Beds
4
Baths
4
Year built
1998
Sq. Ft.
5,978
Lot Size
15,625
Stories
1
Type
Single Family Residential
Pool
Yes
Spa
Yes
County
Orange
Lot#
15
APN
442-131-20

The source for these homes facts are from public records.

92660 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,795,000
Median List Price/Sq.Ft.
$1,203
Median Sold Price
$2,675,000
Median Sold Price/Sq.Ft.
$1,073
Total Inventory
118
Median Sale to List Price %
102.88%
Avg Days on Market
35
Loan Type
Conventional (28.57%), FHA (2.86%), VA (0%), Cash (37.14%), Other (31.43%)

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Related Resources to 5 Cypress Point Ln

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.