Take advantage of this rare opportunity to enjoy a luxurious waterfront home in Newport Beach’s private and gated Balboa Coves community. Beautiful bay views are enjoyed from both levels of the residence, which was built in 2010 and effortlessly combines Montage-style Craftsman architecture with modern appointments. Enjoy direct access to a boat slip for a vessel up to 33', and a private sandy beach where you can store kayaks and paddleboards. The cove-front backyard is made for entertaining, complete with slate decking, a retractable awning, large sunny patio with ample room for socializing, and a covered patio highlighted by a built-in BBQ and wood-fired pizza oven. A gated courtyard entry leads to a private Dutch door with stained-glass window that opens to a bright and airy main floor with water views. You and your guests will appreciate a dining room opening to the covered patio, and a living room with fireplace and access to the patio via two 12' slide-away glass pocket doors that form a corner of the room when closed. An island with prep sink and a separate peninsula with breakfast bar lend style and convenience to the home’s impressive custom kitchen with white bead-board cabinetry, marble countertops, full tile backsplash, farmhouse sink, water views, a built-in Sub-Zero refrigerator, and a Viking range with double oven, six burners, griddle and matching hood. Measuring approx 4,211 square feet, the generous two-story floorplan caters to your lifestyle with 4 bedrooms including two on each floor, 3.5 baths, office/gym, a three-car garage w/ storage, plentiful guest parking, and a dedicated home theater with 9' screen and seating for seven. Flooring crafted from wine barrels highlights a temperature-controlled wine cellar, and the second level’s great room showcases a bay-view deck, walk-in wet bar, open-beam vaulted ceiling and handsome stone fireplace. Luxury is elegantly redefined in a primary suite with sitting area, balcony, vaulted ceiling, a walk-in closet with custom built-ins, separate vanities with stone countertops, a freestanding tub and multi-head shower. A wood-paneled elevator serves both levels of the residence. Wide-plank wood flooring throughout, wainscoting, custom tile in baths, mitered windows, water purification, Seller owned solar power and electric car charger. Limited to just 68 homes, Balboa Coves is enviably close with gate access to restaurants and shops at Lido Marina Village, Newport Beach Pier and miles of beaches.