A magical Balboa Island property such as this is a rare offering on Newport Bay. The significantly oversize lot currently hosts two homes, its own private boat dock, and provides the opportunity for a complete renovation, or a total rebuild to one’s exacting standards as a showcase estate. Mere steps from the sand and overlooking the beachfront promenade, the property offers possibilities as a newly-constructed year-round home, a family vacation compound, a pied-à-terre plus rental, or rental of both existing homes. While the current homes each feature 3 bedrooms, the front residence provides dual master suites, and wraparound decks on its 1st and 2nd levels. Its primary master suite offers a soaring, vaulted wood beam and slatted ceiling. Abundant windows and French doors open to the upstairs deck, providing panoramic views of the water and beyond. These homes emanate an ambiance of openness and light thanks to open floorplans, French and sliding glass doors, and banks of large windows. Wide plank wood floors and charming brick fireplaces enhance the idyllic beachfront mood of relaxed sophistication. Imagine the tranquility of sitting in your living room or on one of your decks watching the boats drift by just a stone’s throw away as they sail into the sunset. This spectacular Balboa Island sanctuary makes that vision a reality, while the island’s land, sand and water offer venues for family fun or entertaining the most discerning guests.
805 N. Bay Front, Newport Beach, California
For Sale: $6,990,000