Opportunity awaits at this stunning beachfront residence. Situated on a sunny corner lot on a quiet block of Newport Beach's Balboa Peninsula, this Traditional-style home showcases uninterrupted views of the coastline, Catalina Island, and the pier. Experience the quintessential Newport Beach lifestyle in this prime location, a short walk or quick bike ride to various local restaurants, coffee houses, the Newport Harbor Yacht Club, the pier, and so much more. Living on the corner of a beach access walkway with only one direct neighbor, one will find additional privacy and an abundance of natural light, all while avoiding any street traffic. Enter through the charming Dutch door into the living room, adorned with a brick fireplace and tall sliding glass doors that lead out to the large patio with built-in barbecue. Lofted a few steps above the living room, the dining room is perfectly positioned to enjoy the beachfront views while entertaining family and friends. The kitchen flows into a cozy sitting area with fireplace and floor-to-ceiling windows, creating a fantastic space for casual dining. A back door is situated in the far point of this sitting area, allowing for easy access in and out of the home. The main floor includes one bedroom and full bathroom, ideal for guest quarters, an office or den. Upstairs, natural light streams in from the large picture windows above the staircase. All three bedrooms and two bathrooms feature tall, vaulted ceilings. Through double doors, find an awe-inspiring primary suite featuring an expansive deck facing the ocean with 180-degree views, as well as a completely private deck facing the interior of the home. This sizable bedroom includes a walk-in closet and large bathroom boasting ocean views from the shower. The two secondary bedrooms share a bathroom with double sinks and balcony. The subterranean, two-car garage includes a laundry area and is large enough to house two SUVs plus plentiful storage. This residence features an ideal floor plan, making it easy for its next owner to put his/her personal touches on this charming home and build-in significant value.