This ultimate beach house is located on the highly coveted Newport Beach peninsula, with charming interior architecture set against a stunning backdrop of fabulous panoramic ocean, Catalina and sunset views. This front row property is an ideal primary residence or vacation home with an extra large patio on the boardwalk. Ready to enjoy and recently updated throughout, the main level features a spacious living room with high ceilings, beautiful brick gas fireplace, elevated dining room, newly remodeled kitchen and full bath. Extra-large primary bedroom with cozy gas fireplace, window seat and corner balcony offer spectacular ocean views at every turn. The ensuite primary bath has dual sinks, freestanding soaking tub and walk-in shower. Two bright guest bedrooms, central guest bath and two additional bonus rooms - ideal for office, exercise room and/or guest spaces, complete the second level. An attached two car garage offers a large mezzanine storage space. Current short-term rental permit for the home is transferable to the new owner. Close to shops, local dining, the Balboa Ferry, great local schools and recreational opportunities make this the perfect home throughout the year. The adjacent buildable lot located directly behind the home and is available for purchase separately.