Amazing opportunity to own a home on the beautiful Newport Beach Balboa Peninsula. Prime location right on the boardwalk with gorgeous ocean views just feet from the sand! Just a short walk to the Balboa Pier, dining, and the Balboa Ferry which takes you right onto beautiful Balboa Island! One of Balboa Peninsula's nicest grass parks is right out front. Also, enjoy easy access to charcoal bonfire pits just beyond the park which leads to the ocean where walks on the beach are a nightly reality! On the other side of Balboa Blvd is the Newport Beach Bay with a small public access point to launch your paddle board, kayak, etc! Truly one of the nicest areas of the Newport Beach Peninsula. Home has tremendous opportunity to develop into one of the Peninsula's loveliest homes because the location couldn't be much better! Family has owned this property for nearly 50 years for a reason! This is an AMAZING development opportunity to truly live the Newport Beach lifestyle near Coastal Waters!