This classic Balboa bayfront home is rich with vintage style, charm and character. Located on a prime corner lot on the Peninsulaâ€™s â€œGold Coast, â€ the property features spectacular harbor, Fashion Island, city lights and Balboa Pavilion views; from this vantage point you can watch the morning crew workouts, â€œBeer Canâ€ sailing races, Christmas Boat Parade and every boat entering and departing the harbor from one of the widest and most scenic spots in Newport Bay. Within the nautically inspired home there is a nicely proportioned living room with a fireplace, hardwood floors, built-in bookcases, and walls of glass doors; a well-appointed galley kitchen, a family room and a two-car attached garage. Upstairs there is an elegant waterfront master suite with his and her baths, a large bunk or secondary bedroom and bath, a loft and private guest quarters with a separate entrance and bath over the garage. The bayfront brick patio is large and features a covered area for protection from the sun and private gatherings. There is a white sandy beach and a private pier and dock for a large boat and side-tie. This property can be enjoyed as-is, remodeled to a classic Balboa cottage or rebuild to have the house of your dreams.