20391 Cypress St, Newport Beach, CA 92660 — offered for sale at $7,200,000.
This is Newport Beach luxury at its finest. A private equestrian estate where your own horses graze out front and riding trails wind right past your gate. Palm-lined entrance, gated compound, resort-caliber grounds in one of Southern California most coveted neighborhoods.
The ShopProp Difference
This property is listed by ShopProp at a flat fee of $7,995.
A traditional listing agent charging 2.5% on a $7.2M sale would take $180,000 in commission. With ShopProp, the seller keeps $172,005 that would have gone to a traditional agent — and still gets full-service luxury representation with a managing broker overseeing every detail of the transaction.
Why Luxury Sellers Choose Flat Fee
At $7.2 million, the traditional commission model breaks down completely. The work involved in selling a luxury home does not cost $180,000 more than selling a $500,000 home. The marketing strategy, the negotiation, the closing process — it is the same level of professional work. The only thing that changes is the percentage-based fee.
ShopProp has been proving this since 2007. Over 4,000 transactions. Managing broker on every deal. Full-service representation — professional photography, staging consultation, MLS listing, open houses, expert negotiation, and closing management.
View This Property
View full listing details on ShopProp — including photos, property details, and scheduling a private showing.
Calculate Your Savings
Thinking about selling? Use our savings calculator to see how much you keep with ShopProp versus a traditional agent.
ShopProp is licensed in Washington, California, Hawaii, Arizona, Texas, Virginia, Colorado, and Michigan. Learn more.
As featured in NPR, USA Today, and New York Post.