Build your dream home on the exclusive Balboa Peninsula Point in Newport Beach; steps from the sand and the world famous Wedge. This is a rare opportunity to build on one of the few over-sized south facing lots on the Peninsula Point. The lot size per assessor is 3268 Sq. feet. This home has never before been on the market. A three story 4600+ Sq. Ft. ocean view home can be developed on this property. Buyer to verify with the City. 2132 E. Ocean Blvd. is a charming beach cottage that includes an open concept living /dining area with fireplace, kitchen, two bedrooms and one full bath in the Main house. Behind the large intimate courtyard sits and additional detached one bedroom studio with a full bath and a two car garage. The home can be used as your personal beach retreat while in planning. The available membership in the Balboa Peninsula Point Association allows members to access a private Bay beach, dock and boat ramp. In addition, you are steps from the Peninsula Point Racquet Club. The active neighborhood lifestyle allows its residents to boat, surf, swim, bike, fish and enjoy strolling the quaint Balboa Village. Buyer to verify with the City regarding any development / zoning regulations and potential opportunities to build.
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