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5 Cypress Point Ln, Newport Beach, CA 92660

Sale Price: $13,708,750
Jun 26, 20245,978 sqft4 beds5 baths
Listed by: Rex McKown
License #: 01275953
Phone #: 949-438-4340
Compass
Source:
CRMLS Logo
MLS #: NP24125223

Property Description

Located in the private gated country club coastal community of Big Canyon in Newport Beach, this luxurious estate boasts 5866 sqft of living space on a secluded peninsula parcel, offering unparalleled privacy and a feeling of solitude. Completely reconstructed using only the finest materials with thoughtful craftsmanship, this home is built with LEED certifications in mind. The residence features 4 bedroom suites and 4.5 bathrooms adorned with bespoke Ann Sacks tile work and premium fixtures. Communal living spaces include a theater, foyer, open great room/ dining room with La Cantina retractable doors seamlessly blending the interior with the serene outdoor spaces, media room, backyard with brand new pool and spa, Hasten BBQ area, outdoor lounge and dining space. The backyard is surrounded by new all-weather vinyl fencing and mature trees for utmost privacy. The master retreat spans the entire upper level, offering a sitting area, bedroom chamber, spa-like bathroom with Toto toilets, coffee and refreshment bar, direct elevator access, and flex space for an office, massage room, or home workout studio. The interiors are light and bright with an updated traditional aesthetic, featuring museum-grade lighting, brand new slate roof, solid white oak flooring, and premium insulation throughout. The gourmet kitchen is a chef's dream with a Dual fuel Wolf range, Subzero commercial refrigeration, walk-in butlers pantry, custom appliances including an icemaker, beverage fridge, and wine storage. Full home integration panels and touchpads control the entire house via the app-based Savant system. Additional features include 2 EV chargers in the 3 car garage and specialty designer lighting fixtures by John Pomp and Jonathan Browning. This estate offers easy access to the world-class amenities that define the Newport Beach lifestyle, from upscale boutiques and acclaimed dining establishments to pristine beaches, scenic hiking trails, renowned golf courses, and convenient airport access, providing every indulgence and convenience just moments from your doorstep.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$221,286

TurboHome Estimated Value

$14,875,700

$2,488 sqft

High Valuation
$15,619,485
$2613/sqft
Normal Valuation
$14,875,700
$2488/sqft
Low Valuation
$14,131,915
$2364/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2488/sqft$14,875,700

Neighborhood: Big Canyon Custom (BCCS)

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Comparative Value

$9.20M

$12.70M

$13.71M

$15.00M

7 Rocky Point Rd, Corona Del Mar, CA 92625

Sale Price: $9,200,000

Selected Comparable

2001 Sabrina Ter, Corona Del Mar, CA 92625

Sale Price: $12,700,000

Selected Comparable

5 Cypress Point Ln, Newport Beach, CA 92660

Sale Price: $13,708,750

Selected Comparable

5 Cypress Point Ln, Newport Beach, CA 92660

List Price: $14,999,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
5 Cypress Point Ln, Newport Beach, CA 92660

5 Cypress Point Ln, Newport Beach, CA 92660

List: $14,999,000

Listed: 6/26/2024

Area:5,978 sqft
Price/sqft:$2,509
Beds:4
Baths:5
Year Built:
Lot Size:15,625

Comparable Properties

COMPARABLE
Choose comps
5 Cypress Point Ln, Newport Beach, CA 92660

5 Cypress Point Ln, Newport Beach, CA 92660

Sale: $13,708,750

11/18/20240.00 mi

Area:5,978 sqft
Price/sqft:$2,293
Beds:4
Baths:5
Year Built:
Weight:41.0%
7 Rocky Point Rd, Corona Del Mar, CA 92625

7 Rocky Point Rd, Corona Del Mar, CA 92625

Sale: $9,200,000

5/5/20251.45 mi

Area:5,419 sqft
Price/sqft:$1,698
Beds:4
Baths:6
Year Built:
Weight:31.6%
2001 Sabrina Ter, Corona Del Mar, CA 92625

2001 Sabrina Ter, Corona Del Mar, CA 92625

Sale: $12,700,000

9/12/20241.43 mi

Area:6,269 sqft
Price/sqft:$2,026
Beds:3
Baths:5
Year Built:
Weight:27.4%

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