The exclusive enclave of E Bay is perhaps the most coveted collection of bayfronts on the Balboa Peninsula Point.  This private location tucked behind Balboa Blvd provides breathtaking views of the Newport Harbor marina and channel.  A complete remodel transformed this house into a jaw-dropping stunner, blending eastern seaboard charm with coastal chic glam!  Beautifully crafted with extensive custom mill work and wide-plank oak floors throughout, this home exudes a welcoming and comfortable sophistication.  Perfect for entertaining, the open kitchen is clad with premium appliances, including a Wolf double-oven range and Sub-Zero.  Imagine preparing dinner while gazing at the afternoon sailing regattas and cruising yachts.  Step down to the luxurious living room with gorgeous coffered ceilings and a floor-to-ceiling marble fireplace, all overlooking the glistening water, or retreat to the sanctuary of your private family/game-room, replete with a wet-bar and wine refrigerator.  The master suite will provide you with an elevated perspective of the tranquil bay (and life) as you enjoy a cup of coffee on your private balcony or read your favorite novel in your lush sitting area as the fireplace glows.  A spa inspired bath provides a soaking tub, oversized shower and dual vanities.  A large second ensuite master and 2 additional ensuite bedrooms occupy the second floor, along with a small office area and laundry room.  Indulge in the sun on your spacious patio and keep warm in the evenings with the outdoor fireplace.  The expansive yard cascades into 3 terraces, including a brick deck, a large grassy area for the kids to play and a landing that sits above the water, lending enough space for hosting a 100+ guest events.  The dock can hold a 40+ vessel and side-tie for your personal Duffy YEAR ROUND.  The home sits on a 35 ft. wide lot with a 3 car garage.  The Peninsula Point is famous for its iconic festivities, including the Christmas Boat Parade, 4th of July parade and fireworks, Friday night potlucks at the private Bay Beach, the private tennis club, and all just steps to the world renowned beach "THE WEDGE" where you can enjoy a surfing spectacle when the south swells arrive.  Don't miss your chance to make this slice of paradise your home.