This classic Balboa Peninsula Point oceanfront cottage is one of the last of its kind. Perfectly located on the quietest section of the beach, a prime 3,200 square foot sandfront lot with 40' of frontage, extraordinary views of the ocean, Catalina Island, the Wedge, the Balboa Pier and the Newport Harbor jetties and entrance. This gracious home features a living room with a fireplace, a galley kitchen, three bedrooms, two baths and a two-car attached garage with a storage loft. All of the fun of Newport Beach is out your door, swimming, paddleboarding, sailing, surfing, beach volleyball, boogie boarding, bike riding, the Balboa Village, Newport Bay, the World Famous Fun Zone, beach combing and much more. The value of this prime oceanfront property is all in the land and there is no boardwalk. Opportunities abound, remodel, redevelop or build new.