STUNNING BAY VIEWS! A dream location with incredible potential, especially with those mesmerizing bay views! The fact that it is located facing 10th street beach with unobstructed views both by day and night, makes it even more special. Located in the middle of the peninsula it is ideal for all that Newport Beach has to offer, The quiet beach, the vast beach within a short walk, the parks along the peninsula, the Balboa Ferry, Shopping, restaurants, Marina, access to paddle boarding suntanning and more. A TRANSFERABLE VACATION RENTAL PERMIT comes with this property, a limited opportunity as only a few are given out in the city. Or just move in and customize your beach lifestyle. THE GUEST QUARTER WITH A SEPARATE ENTRANCE is a bonus, offering privacy and comfort for visitors or potential renters. It features a kitchen, a private inside laundry, 2 bedrooms, an updated bathroom, a spacious living area and a parking spot in the 3-car garage. A FULL LENGHT BALCONY provides the ability to see the beautiful bay and mountains from the large open living room. A full wall of glass allows for light and views to be ever present. Beautiful wood floors provide lightness and continuity to the space. 3 EN-SUITE BEDROOMS on the first floor give a sense of privacy and comfort. 2 of the bedrooms have a view. An extra room currently used as a 4th bedroom is well suited for a den/family room or an office. A laundry room, a powder room, a cozy family room off the spacious kitchen are also part of this large home. The home has lots of storage, closet and built ins and a pantry. lots of counter space in the main kitchen. OUTSIDE SPACE includes a large porch that welcomes you to the home and a large upstairs deck provides space for BBQs and outdoor dining. A Rare opportunity to own in this location. A must see