With spectacular harbor, sailboat races and city lights views, this gracious 1930's bay front Mediterranean style home with traditional interiors and nautical details embodies Newport Harbor waterfront living at its finest. Situated on two lots, with 70' of frontage, and located at one of the most coveted bay front locations on the Balboa Peninsula, the 1200 block of West Bay, where most of the lots are wider, and there are no boat moorings located in front of the homes, this immaculately maintained property features a private pier and slip for a large boat, a grass yard, mature landscaping and a rose garden. The house is rich with character and style and has hardwood floors throughout, nice ceiling heights, white high-gloss painted woodwork, a large living room with fireplace, bar and family area, formal dining room, a large covered bayside patio, a large workshop, and five bedrooms, and four and one-half baths. Opportunities abound at this 'once in a lifetime' property.