Have you ever heard the maxim "You should buy the cheapest house in the best neighborhood you can afford," or "The three most important words in real estate are location, location, location." This China Cove bay front home is the least expensive waterfront property on the main channel of the harbor. With spectacular views of the harbor and sunsets and the bay beach out your front door, this home has all the qualities of successful real estate investing. Cute as can be and ready for those endless days at the beach, this stylish home features an upgraded kitchen, two bedrooms and one bath, and a large living room. China Cove is one Corona Del Mar's most coveted locations and the beach is perfect for young children and families with its gentle waters and large flat sandy beach.