BEST INCOME PROPERTY!! PLEASE CALL FOR DETAILS! Prime location Beach Home on Balboa Peninsula Point within walking distance of the world famous Wedge. This 5 bedroom, 5 bathroom 3,650 sq ft home offers stunning views of both the Pacific Ocean and Newport Harbor on the roof top. Exquisitely crafted Dutch front door. Spacious living room with cozy fire place. Rich toned wood flooring and formal dining area. Chef's delight kitchen. Featuring brand new gas range and built in refrigerator that blends seamlessly with finely crafted cabinets, granite counter tops, and a center island to entertain guests while you cook. Office/bedroom and 2-car garage along with outside showers to rinse off after a day of playing in the sand completes the first floor. Elegant staircase takes you the 2nd floor. Beautiful master suite with a balcony and fireplace. Master bathroom features separate shower and bath and ample size walk-in closet. A great size family room, complete with a wet bar and access both to the first and third floors via outside staircases. 3rd floor bedroom has access to front and rear roof-top decks. The front deck offers a vantage point to watch the sun rise or the Christmas Boat Parade and other boating activities in the Harbor. The rear deck has a fire place and plenty of room to host an evening cocktail party while enjoying views of sun setting over the beautiful Pacific Ocean.